# Q2 Holdings share price today (Q2 Holdings, Inc., QTWO)

> Q2 Holdings, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. QTWO · Technology · Software - Application · data as of 5 November 2026. Page: https://www.sectoralpha.in/us/stocks/qtwo

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## Key numbers

- Price: $75.62 (+5.0% in a year)
- P/E: 44.6×, over 1 year
- Revenue (Jun 2026): $220 M (+12.6% on a year ago)
- Profit (Jun 2026): $29.9 M (+153.8% on a year ago)
- Operating margin: 13.4% (+8.4 points on a year ago)
- ROE: 8%, FY25

Biggest thing to watch: margins are the best this company has ever reported. Every ratio looks better at a record, so the story depends on margins staying high. ## What is the Q2 Holdings share price today? Q2 Holdings, Inc.'s share price was $75.62 at the close on 5 November 2026. It has been stalling near its high for 15 weeks. That is 38.1% above its average price over the last 200 trading days. In the last 52 weeks it traded between $43 and $76, and at that close it was at the high of that range. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 18 weeks in a row. Over the last 10 years the share price moved +171% while the S&P 500 moved +245%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Q2 Holdings pay? Q2 Holdings, Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is Q2 Holdings on? Q2 Holdings is on one of our US lists: US tech stocks. [US tech stocks](https://www.sectoralpha.in/us-tech-stocks)

## Is Q2 Holdings profitable? Q2 Holdings, Inc. earned $29.9 M of net profit in the Jun 2026 quarter, +153.8% on the same quarter a year earlier. That is the 3rd quarter in a row of profit growth. Full-year FY25 profit was $52.0 M. That is 13.6% of the quarter's revenue. The same quarter a year earlier earned $11.8 M. 5 of the last 12 reported quarters were loss-making. Why profit moved: revenue changed +12.6% on a year earlier and the margin moved +8.4 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +4,326.5% and revenue +13.9%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit. ## How much revenue does Q2 Holdings make, and is it growing? Q2 Holdings, Inc. reported $220 M of revenue in the Jun 2026 quarter, +12.6% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 4 years it has grown 12.4% a year on average. The last full year, FY25, came in at $795 M. The last four reported quarters add to $846 M. FY25 revenue was $795 M, +14.1% on the year before. Recent pace: the last four quarters grew +13.9% on average, against 12.4% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +13.9%, against +13.6% a year over the last 8 quarters (stabilising). ## How much of every $100 of sales does Q2 Holdings keep? Q2 Holdings, Inc.'s operating margin was 13.4% in the Jun 2026 quarter, 8.4 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between −18.3% and 5.3%. The latest quarter is above every full year in that period. Across 5 years it has been between −18.3% and 5.3%, and FY25's 5.3% is the highest of them. Why the margin moved: operating margin changed +8.4 percentage points on the year while gross margin changed +5.6 points. So the gain came mostly from the gross margin, which means input costs and prices charged. When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold. ## Is Q2 Holdings' profit turning into cash? Q2 Holdings, Inc.'s cash-flow history is too short to judge how much of its profit turns into cash. In FY25 it brought in $201 M of operating cash against $52.0 M of profit. After $6.8 M of spending on assets, $195 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Q2 Holdings' cash go? Q2 Holdings, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $19.2 M on assets over the last 3 years. Averaged over those years that is 0.8% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $19.2 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Q2 Holdings' P/E ratio, and how does it compare with its own history? Q2 Holdings, Inc.'s P/E is 44.6×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth. In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple. ## Is the Q2 Holdings business getting better or worse? Q2 Holdings, Inc.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Q2 Holdings earn on its capital? Q2 Holdings, Inc. earned a ROE of 8% in FY25. That is up from a low of −26% in FY22. Its return on capital used (ROIC) is 6.1 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 6.5% net margin and 0.62× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 6.5% net margin × 0.62× asset turnover × 1.93× leverage (assets divided by equity) ≈ 7.8% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 17.8% − 11.7% = +6.1 percentage points. The 11.7% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. A gap this wide means each dollar put back into the business creates more than a dollar of value. The 17.8% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 6.7%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Q2 Holdings have too much debt? Q2 Holdings, Inc. has total debt of $40.9 M against shareholder equity of $643 M as of Jun 2026, so its debt is 0.06× its equity, which is very little. Year by year, that ratio went from 1.09 in FY21 to 0.52 in FY25. So the returns on this page come from the business, not from borrowed money. ## What is the Q2 Holdings shareholding pattern? 8.1% of Q2 Holdings, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 7.9 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Q2 Holdings from balance-sheet trouble? For Q2 Holdings, Inc., the Z-score is 6.78. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 6.78 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does Q2 Holdings rank in its industry? There is no score against its industry: Q2 Holdings, Inc. is not among the largest members shown in this industry comparison for Software - Application. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is Q2 Holdings compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to Q2 Holdings in size? Q2 Holdings is the 56th largest of 142 Software - Application companies on Sector Alpha by market value (scores of 5 November 2026). Just above it: NICE, Pegasystems Inc. and Braze, Inc. Just below it: Workiva Inc., CCC Intelligent Solutions Holdings Inc. and BILL Holdings, Inc. ### Software - Application companies close in size

1. [NICE Ltd.](https://www.sectoralpha.in/us/stocks/nice) $5.8 billion
2. [Pegasystems Inc.](https://www.sectoralpha.in/us/stocks/pega) $5.5 billion
3. [Braze, Inc.](https://www.sectoralpha.in/us/stocks/brze) $5.2 billion
4. Q2 Holdings, Inc. $4.7 billion
5. [Workiva Inc.](https://www.sectoralpha.in/us/stocks/wk) $4.7 billion
6. [CCC Intelligent Solutions Holdings Inc.](https://www.sectoralpha.in/us/stocks/ccc) $4.5 billion
7. [BILL Holdings, Inc.](https://www.sectoralpha.in/us/stocks/bill) $4.3 billion

[All 142 Software - Application companies, largest first](https://www.sectoralpha.in/us/sectors/software-application#all-companies)

### Companies close in size in other industries

1. [Planet Labs PBC](https://www.sectoralpha.in/us/stocks/pl) $4.6 billion · Aerospace & Defense
2. [Fulton Financial Corporation](https://www.sectoralpha.in/us/stocks/fult) $4.6 billion · Banks - Regional
3. Q2 Holdings, Inc. $4.6 billion
4. [Perimeter Solutions, Inc.](https://www.sectoralpha.in/us/stocks/prm) $4.6 billion · Specialty Chemicals
5. [Tanger Inc.](https://www.sectoralpha.in/us/stocks/skt) $4.6 billion · REIT - Retail

## What else do people ask about Q2 Holdings? ### What were Q2 Holdings's latest quarterly results? Q2 Holdings, Inc. reported revenue of $220 M and net profit of $29.9 M for the Jun 2026 quarter. Revenue rose 12.6% and profit rose 153.8% compared with a year earlier. Earnings per share were $0.46. The operating margin was 13.4%, 8.4 percentage points higher than a year earlier (as of 5 November 2026). ### What is Q2 Holdings's market cap? Q2 Holdings, Inc.'s market capitalisation is $4.7 B at a stock price of $75.62. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 5 November 2026). ### How is Q2 Holdings performing? Q2 Holdings, Inc.'s share price has been stalling near its high for 15 weeks. In its latest quarter, revenue rose 12.6% and profit rose 153.8% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 18 weeks running (as of 5 November 2026). ### Will Q2 Holdings's stock price go up? This page does not forecast Q2 Holdings, Inc.'s stock price. What it shows instead: the stock price is $75.62, and it has been stalling near its high for 15 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 5 November 2026). ### Where is Q2 Holdings in its business cycle? Q2 Holdings, Inc.'s FY25 operating margin was 5.3%, against a 5-year range of −18.3% to 5.3%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 13.4%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 5 November 2026). ### What could break the Q2 Holdings story? Biggest thing to watch: margins are the best this company has ever reported. Every ratio looks better at a record, so the story depends on margins staying high. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 5 November 2026). ### Is Q2 Holdings a stock worth studying right now? What the numbers show: Q2 Holdings, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 5 November 2026). ## Lists

- US tech stocks: https://www.sectoralpha.in/us-tech-stocks

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