QTWO
Q2 Holdings, Inc. Information Technology Services-Prepackaged Software Russell 3000
$67.08Close
$4.2BMarket cap
$42.09 – $75.4952-week range
Late-januaryNext report · estimated
Highlights
Strengths
- Earnings growing EPS +143% year on year
Cautions
- Trend not confirmed 6 of 8 conditions · 200-day not rising, RS under 70
- Financial distress Altman Z″ in the distress zone
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
11%
1wk
down 3.3%
price change
1mo
up 21.0%
price change
12-month return
up 10%
market up 11% ·
its own down 1%
F-score
7 / 9
Strong
Altman Z″
-0.16
Elevated risk
P/E
80.9×
price / earnings
PEG
—
P/E / EPS growth
P/B
6.4×
price / book
Earnings yield
up 1.0%
EBIT / enterprise value
Cheaper than
40%
of the market · expensive
Revenue growth
up 14%
year on year
EPS growth
up 143%
latest quarter · -27 pts
Sales growth
up 12%
latest quarter · -1 pts
ROE
up 9%
return on equity
Free cash margin
up 24%
$194.7M FCF
D/E
—
long-term debt / equity
Net debt / EBITDA
-3.9×
net cash
Interest cover
14.2×EBIT / interest
Piotroski tests
- short-term liquidity weakened
- issued more shares
- profitable on its assets
- generating cash from operations
- profitability improving
- profits backed by cash
- reduced long-term debt
- gross margin widened
- assets working harder
Repair signals
- Gross margin 50.9% → 54.1%
Trade setup
ATR%
3.2%
$2.15 a day · 2×ATR $62.79
RS
68 / 99
vs the universe
Trend
6 / 8
200-day not rising, RS under 70
Relative volume
1.0×
vs 50-day average
Up/down volume
1.42
50 sessions
Implied move
—
no scheduled report
Trend template · 6 of 8
- 200-day average rising for a month: fails
- RS rank 70 or higher: fails
Screen verdict
Did not qualify for any screen.
Warning signs
- Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
- Shareholders diluted The share count rose 3.3% over the year, from 61m to 63m shares. Each existing share owns a smaller fraction of the company than it did a year ago.
Last reported
Oct 28, 2026
Results reaction
Oct 28, 2026-4% vs market2 sessions after results
Financials
- Gross 54%
- Net 7%
- Free cash 24%
- Cash
- Long-term debt
| FY2020Dec 31, 2020 | FY2021Dec 31, 2021 | FY2022Dec 31, 2022 | FY2023Dec 31, 2023 | FY2024Dec 31, 2024 | FY2025Dec 31, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $402.8M | $498.7M | $565.7M | $624.6M | $696.5M | $794.8M |
| Gross margin | 43% | 45% | 45% | 48% | 51% | 54% |
| Operating income | -$99.8M | -$78.0M | -$104.8M | -$86.1M | -$42.3M | $39.9M |
| Net income | -$137.6M | -$112.7M | -$109.0M | -$65.4M | -$38.5M | $52.0M |
| Net margin | -34% | -23% | -19% | -10% | -6% | 7% |
| Earnings per share | -$2.65 | -$2.00 | -$1.90 | -$1.12 | -$0.64 | $0.80 |
| Free cash flow | -$26.7M | $11.3M | $25.4M | $64.6M | $129.1M | $194.7M |
| Free cash margin | -7% | 2% | 4% | 10% | 19% | 24% |
| Cash | $407.7M | $322.8M | $199.6M | $229.7M | $358.6M | $367.6M |
| Shareholders' equity | $643.4M | $570.3M | $419.0M | $448.5M | $517.8M | $661.8M |
| Shares outstanding | 55.56m | 56.93m | 57.73m | 59.03m | 60.73m | 62.74m |
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Oct 28, 2026 | Quarterly ↗ | Sep 30, 2026 | 28d |
| Jul 29, 2026 | Quarterly ↗ | Jun 30, 2026 | 29d |
| Apr 29, 2026 | Quarterly ↗ | Mar 31, 2026 | 29d |
| Feb 11, 2026 | Annual ↗ | Dec 31, 2025 | 42d |
| Nov 5, 2025 | Quarterly ↗ | Sep 30, 2025 | 36d |
| Jul 30, 2025 | Quarterly ↗ | Jun 30, 2025 | 30d |
| May 7, 2025 | Quarterly ↗ | Mar 31, 2025 | 37d |
| Feb 12, 2025 | Annual ↗ | Dec 31, 2024 | 43d |
| Nov 6, 2024 | Quarterly ↗ | Sep 30, 2024 | 37d |
| Jul 31, 2024 | Quarterly ↗ | Jun 30, 2024 | 31d |
| May 1, 2024 | Quarterly ↗ | Mar 31, 2024 | 31d |
| Feb 21, 2024 | Annual ↗ | Dec 31, 2023 | 52d |
Current reports
| Filed | Disclosed |
|---|---|
| Oct 28, 2026 | Director or officer change · Regulation FD ↗ |
| Oct 28, 2026 | Results ↗ |
| Jul 29, 2026 | Results · Other events ↗ |
| Jun 12, 2026 | Shareholder vote ↗ |
| Apr 29, 2026 | Results ↗ |
| Feb 11, 2026 | Results ↗ |
| Nov 5, 2025 | Director or officer change ↗ |
| Nov 5, 2025 | Results · Other events ↗ |
| Jul 30, 2025 | Results ↗ |
| Jun 5, 2025 | Shareholder vote ↗ |
| May 7, 2025 | Results ↗ |
| Mar 10, 2025 | Director or officer change ↗ |