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Side-by-side financial comparison of Priority Technology Holdings, Inc. (PRTH) and Q2 Holdings, Inc. (QTWO). Click either name above to swap in a different company.

Priority Technology Holdings, Inc. is the larger business by last-quarter revenue ($247.1M vs $216.5M, roughly 1.1× Q2 Holdings, Inc.). Q2 Holdings, Inc. runs the higher net margin — 12.3% vs 3.6%, a 8.7% gap on every dollar of revenue. On growth, Q2 Holdings, Inc. posted the faster year-over-year revenue change (14.1% vs 8.8%). Q2 Holdings, Inc. produced more free cash flow last quarter ($44.2M vs $30.9M). Over the past eight quarters, Q2 Holdings, Inc.'s revenue compounded faster (11.9% CAGR vs 9.6%).

Information technology (IT) is the study or use of computers, telecommunication systems and other devices to create, process, store, retrieve and transmit information. While the term is commonly used to refer to computers and computer networks, it also encompasses other information distribution technologies such as television and telephones. Information technology is an application of computer science and computer engineering.

Q2 Holdings, Inc. is a global financial technology firm that develops cloud-based digital banking platforms. It serves regional banks, credit unions, and other financial institutions, enabling them to offer secure online and mobile banking experiences to retail and business customers, with core operations based in North America.

PRTH vs QTWO — Head-to-Head

Bigger by revenue
PRTH
PRTH
1.1× larger
PRTH
$247.1M
$216.5M
QTWO
Growing faster (revenue YoY)
QTWO
QTWO
+5.3% gap
QTWO
14.1%
8.8%
PRTH
Higher net margin
QTWO
QTWO
8.7% more per $
QTWO
12.3%
3.6%
PRTH
More free cash flow
QTWO
QTWO
$13.3M more FCF
QTWO
$44.2M
$30.9M
PRTH
Faster 2-yr revenue CAGR
QTWO
QTWO
Annualised
QTWO
11.9%
9.6%
PRTH

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
PRTH
PRTH
QTWO
QTWO
Revenue
$247.1M
$216.5M
Net Profit
$8.9M
$26.6M
Gross Margin
59.1%
Operating Margin
13.6%
12.8%
Net Margin
3.6%
12.3%
Revenue YoY
8.8%
14.1%
Net Profit YoY
23.9%
460.5%
EPS (diluted)
$0.10
$0.40

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PRTH
PRTH
QTWO
QTWO
Q1 26
$216.5M
Q4 25
$247.1M
$208.2M
Q3 25
$241.4M
$201.7M
Q2 25
$239.8M
$195.1M
Q1 25
$224.6M
$189.7M
Q4 24
$227.1M
$183.0M
Q3 24
$227.0M
$175.0M
Q2 24
$219.9M
$172.9M
Net Profit
PRTH
PRTH
QTWO
QTWO
Q1 26
$26.6M
Q4 25
$8.9M
$20.4M
Q3 25
$27.6M
$15.0M
Q2 25
$10.9M
$11.8M
Q1 25
$8.3M
$4.8M
Q4 24
$7.2M
$164.0K
Q3 24
$10.6M
$-11.8M
Q2 24
$994.0K
$-13.1M
Gross Margin
PRTH
PRTH
QTWO
QTWO
Q1 26
59.1%
Q4 25
55.4%
Q3 25
54.0%
Q2 25
53.6%
Q1 25
53.2%
Q4 24
52.6%
Q3 24
50.9%
Q2 24
50.2%
Operating Margin
PRTH
PRTH
QTWO
QTWO
Q1 26
12.8%
Q4 25
13.6%
8.1%
Q3 25
15.6%
5.5%
Q2 25
15.6%
5.0%
Q1 25
14.5%
1.2%
Q4 24
15.0%
-0.9%
Q3 24
16.8%
-7.3%
Q2 24
15.1%
-7.9%
Net Margin
PRTH
PRTH
QTWO
QTWO
Q1 26
12.3%
Q4 25
3.6%
9.8%
Q3 25
11.4%
7.5%
Q2 25
4.5%
6.0%
Q1 25
3.7%
2.5%
Q4 24
3.2%
0.1%
Q3 24
4.7%
-6.7%
Q2 24
0.5%
-7.6%
EPS (diluted)
PRTH
PRTH
QTWO
QTWO
Q1 26
$0.40
Q4 25
$0.10
$0.32
Q3 25
$0.34
$0.23
Q2 25
$0.14
$0.18
Q1 25
$0.10
$0.07
Q4 24
$-0.05
$0.01
Q3 24
$0.07
$-0.20
Q2 24
$-0.23
$-0.22

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PRTH
PRTH
QTWO
QTWO
Cash + ST InvestmentsLiquidity on hand
$77.2M
$342.3M
Total DebtLower is stronger
$1.0B
Stockholders' EquityBook value
$-100.4M
$611.7M
Total Assets
$2.4B
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRTH
PRTH
QTWO
QTWO
Q1 26
$342.3M
Q4 25
$77.2M
$432.7M
Q3 25
$57.0M
$568.7M
Q2 25
$50.6M
$532.1M
Q1 25
$47.6M
$486.0M
Q4 24
$58.6M
$446.6M
Q3 24
$41.1M
$407.9M
Q2 24
$34.6M
$372.1M
Total Debt
PRTH
PRTH
QTWO
QTWO
Q1 26
Q4 25
$1.0B
Q3 25
$997.5M
Q2 25
$917.0M
Q1 25
$918.9M
Q4 24
$920.9M
Q3 24
$808.1M
Q2 24
$809.0M
Stockholders' Equity
PRTH
PRTH
QTWO
QTWO
Q1 26
$611.7M
Q4 25
$-100.4M
$661.8M
Q3 25
$-110.3M
$622.9M
Q2 25
$-146.1M
$584.3M
Q1 25
$-158.3M
$545.5M
Q4 24
$-166.8M
$517.8M
Q3 24
$-165.8M
$495.1M
Q2 24
$-172.1M
$480.7M
Total Assets
PRTH
PRTH
QTWO
QTWO
Q1 26
$1.2B
Q4 25
$2.4B
$1.3B
Q3 25
$2.2B
$1.4B
Q2 25
$2.0B
$1.4B
Q1 25
$1.9B
$1.3B
Q4 24
$1.8B
$1.3B
Q3 24
$1.8B
$1.3B
Q2 24
$1.7B
$1.2B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PRTH
PRTH
QTWO
QTWO
Operating Cash FlowLast quarter
$36.8M
$56.3M
Free Cash FlowOCF − Capex
$30.9M
$44.2M
FCF MarginFCF / Revenue
12.5%
20.4%
Capex IntensityCapex / Revenue
2.4%
Cash ConversionOCF / Net Profit
4.12×
2.11×
TTM Free Cash FlowTrailing 4 quarters
$75.1M
$196.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PRTH
PRTH
QTWO
QTWO
Q1 26
$56.3M
Q4 25
$36.8M
$63.7M
Q3 25
$36.1M
$45.6M
Q2 25
$17.1M
$48.6M
Q1 25
$10.0M
$43.5M
Q4 24
$23.8M
$43.0M
Q3 24
$19.8M
$43.3M
Q2 24
$28.7M
$36.0M
Free Cash Flow
PRTH
PRTH
QTWO
QTWO
Q1 26
$44.2M
Q4 25
$30.9M
$61.7M
Q3 25
$30.1M
$42.9M
Q2 25
$9.2M
$47.3M
Q1 25
$4.9M
$42.7M
Q4 24
$19.1M
$41.6M
Q3 24
$14.5M
$40.9M
Q2 24
$23.6M
$34.6M
FCF Margin
PRTH
PRTH
QTWO
QTWO
Q1 26
20.4%
Q4 25
12.5%
29.6%
Q3 25
12.5%
21.3%
Q2 25
3.8%
24.3%
Q1 25
2.2%
22.5%
Q4 24
8.4%
22.7%
Q3 24
6.4%
23.3%
Q2 24
10.7%
20.0%
Capex Intensity
PRTH
PRTH
QTWO
QTWO
Q1 26
Q4 25
2.4%
1.0%
Q3 25
2.5%
1.3%
Q2 25
3.3%
0.7%
Q1 25
2.3%
0.4%
Q4 24
2.0%
0.8%
Q3 24
2.3%
1.4%
Q2 24
2.3%
0.8%
Cash Conversion
PRTH
PRTH
QTWO
QTWO
Q1 26
2.11×
Q4 25
4.12×
3.12×
Q3 25
1.31×
3.03×
Q2 25
1.57×
4.13×
Q1 25
1.20×
9.16×
Q4 24
3.29×
262.41×
Q3 24
1.87×
Q2 24
28.87×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PRTH
PRTH

Segment breakdown not available.

QTWO
QTWO

Subscription$179.9M83%
Services and Other$18.8M9%
Transactional$17.8M8%

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