MarketBrain

Q2 Holdings, Inc.

Financial highlights

MetricFY December 31, 2025FY December 31, 2024FY December 31, 2023FY December 31, 2022FY December 31, 2021
Revenue$794.8M$696.5M$624.6M$565.7M$498.7M
Gross profit$429.7M$354.5M$302.7M$256.3M$225.0M
Operating income$39.9M-$42.3M-$86.1M-$104.8M-$78.0M
Operating expenses$389.8M$396.7M$388.7M$361.1M$303.0M
Cost of revenue$365.1M$342.0M$322.0M$309.3M$273.7M
Cash from operations$201.5M$135.8M$70.3M$36.6M$31.1M
Capital expenditure$6.8M$6.7M$5.7M$11.1M$19.8M
Free cash flow$194.7M$129.1M$64.6M$25.4M$11.3M
Share repurchases$5.0M$0$0
Impairments$0$0$0$0
Total assets$1.3B$1.3B$1.2B$1.3B$1.4B
Total liabilities$614.5M$777.0M$752.9M$930.7M$814.7M

Shares outstanding 62.6M · Free float 96.3%

Annual filing data through FY ended December 31, 2025; float as of July 13, 2026.