stockrowQ2 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
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Q2 Holdings, Inc. (QTWO) Gross margin
Q2 Holdings, Inc.'s gross margin over the twelve months to 30 September 2026 was 58.4%, up 4.3 percentage points from fiscal 2025 (54.1%). Over the past ten years it has ranged from 43.4% (fiscal 2020) to 54.1% (fiscal 2025) — the current reading is the highest in ten years. That is below the Software Application industry median of 66.9% and above the Technology sector median of 46.9%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 54.1% | 3.16 |
| FY2024 | 50.9% | 2.45 |
| FY2023 | 48.5% | 3.13 |
| FY2022 | 45.3% | 0.20 |
| FY2021 | 45.1% | 1.77 |
| FY2020 | 43.4% | (5.15) |
| FY2019 | 48.5% | (0.96) |
| FY2018 | 49.5% | 0.75 |
| FY2017 | 48.7% | 0.25 |
| FY2016 | 48.5% | 2.77 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 59.7% | 0.48 |
| Jun 2026 | 59.3% | 0.17 |
| Mar 2026 | 59.1% | 3.71 |
| Dec 2025 | 55.4% | 1.41 |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| DAVE Dave Inc. compare | 100.0% |
| MNDY monday.com Ltd. compare | 88.7% |
| SRAD Sportradar Group AG compare | 86.0% |
| BILL BILL Holdings, Inc. compare | 80.9% |
| WK Workiva Inc. compare | 80.6% |
| LIF Life360, Inc. compare | 77.6% |
| CCC CCC Intelligent Solutions Holdings Inc. compare | 73.9% |
| BRZE Braze, Inc. compare | 66.3% |
| QTWO Q2 Holdings, Inc. | 58.4% |
| Software Application industry median | 66.9% |
| Technology sector median | 46.9% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on QTWO
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement