Q2 Holdings, Inc.

QTWO Technology Software Application

Q2 Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $794.8 million, up 14.1% from fiscal 2024.

Revenue
+11.9%
EPS
+122.7%
Free cash flow
+47.6%
Total debt
−38.4%

Quarter to September 2026, against a year earlier

75.56 1.09 +1.46%
Market cap
$4.7B
P/E
42.6×
Fwd P/E
37.0×
Dividend yield
—
F-score
7/9
Altman Z
4.45
Beneish M
−2.77
Dividend safety
n/a

Q2 Holdings, Inc. (QTWO) Current ratio

Alert me on Current ratio

Q2 Holdings, Inc.'s current ratio at the end of the quarter to 30 September 2026 was 1.0×, down 0.0× from fiscal 2025 (1.0×). Over the past ten years it has ranged from 1.0× (fiscal 2025) to 4.2× (fiscal 2020) — the current reading is the lowest in ten years. That is below the Software Application industry median of 1.5× and below the Technology sector median of 1.9×.

Current ratio, annual

Embed this chart

Annual newest first

Period Current ratio Change
FY2025 1.0× (27.03%)
FY2024 1.4× (37.31%)
FY2023 2.2× (19.21%)
FY2022 2.8× (10.89%)
FY2021 3.1× (26.56%)
FY2020 4.2× 201.53%
FY2019 1.4× (52.70%)
FY2018 3.0× 53.86%
FY2017 1.9× (9.27%)
FY2016 2.1× (27.20%)

Quarterly newest first

Period Current ratio Change
Sep 2026 1.0× 7.27%
Jun 2026 0.9× 1.29%
Mar 2026 0.9× (8.75%)
Dec 2025 1.0× 5.72%
43 more quarters

Against its own ten years

Low 1.0× High 4.2×
Ten-year median 2.2×
Current reading's percentile 9

Current ratio against peers

Company Current ratio
LIF Life360, Inc. compare 5.6×
DAVE Dave Inc. compare 4.2×
CCC CCC Intelligent Solutions Holdings Inc. compare 2.0×
WK Workiva Inc. compare 1.6×
MNDY monday.com Ltd. compare 1.5×
BILL BILL Holdings, Inc. compare 1.5×
BRZE Braze, Inc. compare 1.3×
QTWO Q2 Holdings, Inc. 1.0×
SRAD Sportradar Group AG compare 0.8×
Software Application industry median 1.5×
Technology sector median 1.9×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

More on QTWO