FY2025 · ended Dec 31, 2025 · Revenue $794.81M, +14.1% YoY · Filed Feb 11, 2026
Q2 Holdings, Inc. (QTWO) files with the SEC under industry code 7372, Services-Prepackaged Software. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $794.8 million and net income of $52.0 million. Free cash flow was $194.7 million. As of Sep 30, 2026 it held $123.0 million in cash and investments and $38.9 million in total debt.
Revenue (TTM)
$870.26M
+13.1% vs year-ago TTM
Net income (TTM)
$110.16M
+247.2% vs year-ago TTM
Operating cash flow (TTM)
$245.35M
+35.7% vs year-ago TTM
Free cash flow (TTM)
$232.99M
+33.5% vs year-ago TTM
EPS (TTM)
$1.68
+238.4% vs year-ago TTM
Dividend per share
None
Shares outstanding
62.40M
+2.8% vs prior year
Net cash
$84.10M
as of Sep 30, 2026
Operating margin
12.4%
FY 2026
Company profile
- Industry
- Services-Prepackaged Software (SIC 7372)
- Listed as
- QTWO (NYSE)
- Fiscal year ends
- December 31
- Headquarters
- Austin, TX
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1410384
- Former names
- CBG Holdings, Inc. (until Mar 19, 2013); CBG Holdings Inc (until Nov 19, 2007)
Other Services-Prepackaged Software companies
- Microsoft Corp MSFT
- Palantir Technologies Inc. PLTR
- Oracle Corp ORCL
- Sap SE SAP
- CrowdStrike Holdings, Inc. CRWD
- Shopify Inc. SHOP
- Salesforce, Inc. CRM
- ServiceNow, Inc. NOW
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $794.8M | $696.5M | $624.6M | $565.7M | $498.7M |
| Operating income | $39.9M | -$42.3M | -$86.1M | -$104.8M | -$78.0M |
| Net income | $52.0M | -$38.5M | -$65.4M | -$109.0M | -$112.7M |
| Diluted EPS | $0.80 | -$0.64 | -$1.12 | -$1.90 | -$2.00 |
| Operating cash flow | $201.5M | $135.8M | $70.3M | $36.6M | $31.1M |
| Free cash flow | $194.7M | $129.1M | $64.6M | $25.4M | $11.3M |
| Total assets | $1.3B | $1.3B | $1.2B | $1.3B | $1.4B |
| Total liabilities | $614.5M | $777.0M | $752.9M | $930.7M | $814.7M |
| Stockholders' equity | $661.8M | $517.8M | $448.5M | $419.0M | $570.3M |
| Cash and investments | $432.7M | $446.6M | $324.0M | $433.4M | $427.7M |
| Total debt | $42.7M | $48.7M | $56.0M | $62.4M | $70.4M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Oct 28, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Officer or director change, Regulation FD disclosure
|
Oct 28, 2026 | Oct 28, 2026 |
| 8-K |
Current report
Results of operations
|
Oct 28, 2026 | Oct 28, 2026 |
| 10-Q | Quarterly report | Jul 29, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations, Other events
|
Jul 29, 2026 | Jul 29, 2026 |
| 8-K |
Current report
Shareholder vote results
|
Jun 12, 2026 | Jun 10, 2026 |
All 1000 Q2 Holdings, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.