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Q2 Holdings, Inc.

QTWO

Last
$58.60
Day
-0.2%
1y
-7.3%
5y
-22.8%
52w
-23.0%
SPY YTD
+13.3%
XLK
+37.1%
Earnings
2026-11-0425d
EMA 21
58.10
EMA 50
58.41
EMA 200
58.43
20d high
-6.3%
5y high
-48.0%
5y range
42th
Website · 2,548 employees · United States

Positions held

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Score
-3
Hold
watch
Signal
Neutral
Target
$61.84
Stop
$56.06
Stop distance
4.3%
Target vs last
+5.5%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.

Bull case
  • Q2 Holdings operates in a growing software application industry, providing essential solutions for financial institutions, which positions it well against competitors.
  • Revenue increased by 2% compared to the prior quarter, reaching $220 million.
  • Gross margin improved to 59.2%, up from 59.1% in the previous quarter.
Bear case
  • Despite growth, Q2 Holdings has a high trailing P/E ratio of 40.72, indicating potential overvaluation.
  • The company reported a net income loss of $65.384 million in 2023, reflecting ongoing profitability challenges.
  • Operating margin has been negative in recent years, with -12.02% in 2023 and -4.97% in 2024.

Fundamentals

Market cap$3.66BEnterprise value$3.59BTrailing P/E41.62Forward P/E17.42
PEG8.35Price / book5.69Beta1.34Dividend yield0.00%
Revenue growth12.6%Earnings growth156.5%Gross margin57.0%Operating margin13.4%
Profit margin10.9%ROE15.0%ROA4.5%Debt / equity0.06
Current ratio0.95Free cash flow$190.32MAnalyst recommendationbuyMean target$76.50
52w high$76.2452w low$40.79

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q2
Revenue$220M$217M$208M$202M$195M
Op margin13.7%13.0%8.8%5.9%4.9%
Net income$29.9M$26.6M$20.4M$15.0M$11.8M
Gross margin59.2%59.1%55.4%54.0%53.6%
Gross profit$130M$128M$115M$109M$105M
Operating income$30.1M$28.1M$18.3M$11.8M$9.6M
  • Revenue +2% vs prior quarter ($220M vs $217M).
  • Gross margin 59.2% (was 59.1% prior quarter).

Yearly (6y)

20252024202320222021
Revenue$795M$696M$625M$566M—
Op margin5.5%-5.0%-12.0%-16.0%—
Net income$52.0M-$38.5M-$65.4M-$109M—
Gross margin54.1%50.9%48.5%45.3%—
Gross profit$430M$354M$303M$256M—
Operating income$43.9M-$34.6M-$75.1M-$90.4M—
Headline scan

No flags

• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).

News

QTWO · daily+3.2% over 13 sessions
Close EMA21 EMA50 EMA200
54.2555.6657.0658.4759.882026-092026-092026-092026-092026-102026-102026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
$0M$55M$110M$165M$220M0%30%59%2025-Q22025-Q32025-Q42026-Q12026-Q2