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QTWO stock logo

QTWO

Q2 Holdings, Inc.

$44.39
-0.43
 (-0.96%)
Exchange:  NYSE
Market Cap:  2.779B
Shares Outstanding:  11.794M
Delayed data
Calculate QTWO Intrinsic Value
5-year outlook →
Overview
Earnings
Financials
Valuation
Chart

About The Company

Sector:  Technology
Industry:  Software – Application
   
CEO:  Matthew Flake
Full Time Employees:  2476
Address: 
10355 Pecan Park Boulevard
Austin
TX
78729
US
Website:  https://www.q2.com
Q2 Holdings, Inc. provides a comprehensive array of cloud-based digital banking platforms, primarily serving regional and community financial institutions (RCFIs) across the United States. Its extensive product lineup covers various facets of digital finance. For consumers, the company offers Q2 Consumer Banking, a browser-accessible solution featuring fully branded digital banking capabilities. Businesses, both small and commercial, can utilize Q2 Small Business and Commercial, a dedicated digital banking platform optimized for mobile and tablet devices. Furthermore, Q2mobile Remote Deposit Capture streamlines the process of depositing checks remotely. Beyond core banking functionality, Q2 also delivers specialized solutions. These include Q2 Sentinel for advanced security analytics and Q2 Patrol, an event-driven validation product. To enhance customer engagement, Q2 provides the SMART platform for targeting and messaging. Q2 CardSwap facilitates automatic updates of payment information for account holders receiving new cards, while Q2 Gro serves as a versatile platform for digital account opening, sales, and marketing. For bill payments, there’s Q2 Biller Direct, and ClickSWITCH empowers financial institutions to manage and redirect direct deposits for end-users. The company’s portfolio extends to robust risk and transaction management tools under the Centrix brand: a Dispute Tracking System for electronic transaction dispute resolution, a Payments I.Q. System for monitoring ACH files and reporting on risks, and an Exact/Transaction Management System designed for fraud prevention. Developers are also supported by the Q2 Caliper Software Development Kit. Enhancing personal financial management, Q2 Contextual PFM allows users to integrate and view both external and internal accounts directly on their digital banking homepage. Q2 Goals assists users in establishing and progressing towards specific savings objectives. Lending and leasing operations are supported by Q2 Cloud Lending, a digital platform, and PrecisionLender, a cloud-native, data-driven solution for sales enablement, pricing, and portfolio management. Additionally, Q2 BaaS offers a suite of open API financial services. Founded in 2004 and headquartered in Austin, Texas, the company originally operated as CBG Holdings, Inc. before changing its name to Q2 Holdings, Inc. in March 2013.

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Revenue Segmentation

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EPS

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Earnings Call

Full text

Earnings transcript

Read the complete earnings call transcript.

AI summary

Key takeaways

Short, structured highlights from the call so you can focus on what matters.

2026/04/29 — Q1 quarter 2026

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Income Statement
Balance Sheet
Cash Flow Statement
Analyst Estimates

Income Statement

Year202320242025
Revenue624,624696,464794,809
Gross Profit302,651354,481429,590
EBITDA29,01742,888115,063
Operating Income-86,057-42,26345,639
Net Income-65,384-38,53652,008

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(* All numbers are in thousands)

Balance Sheet

Year202320242025
Total Assets1,201,4251,294,7951,276,277
Total Liabilities752,946776,999614,466
Total Stockholders Equity448,479517,796661,811
Total Debt546,488541,119346,115
Cash and Cash Equivalents229,655358,560367,631

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(* All numbers are in thousands)

Cash Flow Statement

Year202320242025
Operating Cash Flow70,292135,751201,461
Capital Expenditure-30,643-6,692-6,810
Free Cash Flow39,649129,059194,651
Net Income-65,384-38,53652,008
Net Change in Cash31,730127,1618,510

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(* All numbers are in thousands)

Analyst Estimates

Fiscal Year2028Full AccessFull AccessFull AccessFull Access
Estimated Revenue (Low)1,069,590.938Full AccessFull AccessFull AccessFull Access
Estimated Revenue (High)1,071,148.511Full AccessFull AccessFull AccessFull Access
Estimated Revenue (Avg)1,070,369.725Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (Low)29,856.309Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (High)29,899.787Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (Avg)29,878.048Full AccessFull AccessFull AccessFull Access
Estimated Net Income (Low)248,121.072Full AccessFull AccessFull AccessFull Access
Estimated Net Income (High)251,015.567Full AccessFull AccessFull AccessFull Access
Estimated Net Income (Avg)249,568.320Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (Low)352,962.094Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (High)353,476.089Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (Avg)353,219.092Full AccessFull AccessFull AccessFull Access
Estimated EPS (Avg)3.830Full AccessFull AccessFull AccessFull Access
Estimated EPS (High)3.850Full AccessFull AccessFull AccessFull Access
Estimated EPS (Low)3.810Full AccessFull AccessFull AccessFull Access
Number of Analysts (Estimated Revenue)4Full AccessFull AccessFull AccessFull Access
Number of Analysts (Estimated EPS)5Full AccessFull AccessFull AccessFull Access

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(* All numbers are in thousands)

Current Key Metrics

?Revenue
 (TTM)
: 
696.464M  ?P/S
 (TTM)
: 
3.48
?Net Income
 (TTM)
: 
-38536000  ?P/E
 (TTM)
: 
38.56
?Enterprise Value
 (TTM)
: 
2.863B  ?EV/FCF
 (TTM)
: 
14.62
?Dividend Yield
 (TTM)
: 
0  ?Payout Ratio
 (TTM)
: 
0
?ROE
 (TTM)
: 
0.12  ?ROIC
 (TTM)
: 
0.06
?Net Debt
 (TTM)
: 
92.26M  ?Debt/Equity
 (TTM)
: 
0.56
?P/B
 (TTM)
: 
4.66  ?Current Ratio
 (TTM)
: 
0.93

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Forward P/E Ratios

?

Forward P/E (Avg EPS estimate) — log in with Full Access for high/low estimates and the interactive table.

Forward P/E 1YFull AccessFull AccessFull AccessFull Access
15.97Full AccessFull AccessFull AccessFull Access

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SWOT Analysis

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At what price to buy it? -
Intrinsic Value Calculator

Based on current fundamentals and analyst forecasts, MARKETSnap estimates QTWO intrinsic value between $29.14 – $31.59 per share. This depends on revenue growth, margins, and discount rate.

This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.

[intrinsic_calculator]

Common questions about QTWO valuation

Is Q2 Holdings, Inc. (QTWO) overvalued or undervalued right now?

MARKETSnap estimates intrinsic value for Q2 Holdings, Inc. (QTWO) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.

Is QTWO a buy, hold, or sell for long-term investors?

MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether QTWO trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.

What is QTWO’s P/E ratio?

You can see QTWO’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.

How is intrinsic value calculated for QTWO?

MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.

Is QTWO a good long-term investment?

Whether QTWO fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.

QTWO

1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.

Daily snapshot

-0.96
MARKETSnap

Trading Metrics:

Open: 44.2   Previous Close: 44.82
Day Low: 43.41   Day High: 45.15
Year Low: 43.42   Year High: 96.68
Price Avg 50: 48.27   Price Avg 200: 61.55
Volume: 731326   Average Volume: 838482

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See in Nexus

Relevant news

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03-06-2026 10:09
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03-06-2026 10:00
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Q2 Announces 2026 Excellence Award Recipients
03-06-2026 10:00
nbkc bank Named Bank of the Year in Q2 Excellence Awards for 2026
Q2 Launches Q2 Assistant, Embedding AI Agents Across Banking Operations
02-06-2026 10:00
Q2 Launches Q2 Assistant, Embedding AI Agents Across Banking Operations
Q2 Holdings (QTWO) Upgraded to Buy: Here's Why
01-05-2026 13:02
Q2 Holdings (QTWO) Upgraded to Buy: Here's Why
Q2 Holdings, Inc. (QTWO) Q1 2026 Earnings Call Transcript
29-04-2026 21:21
Q2 Holdings, Inc. (QTWO) Q1 2026 Earnings Call Transcript

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