The financials
Q2 Holdings, Inc. by the numbers
Q2 Holdings, Inc. (QTWO) reported revenue of $217M in Q1 2026 (quarter ended March 31, 2026), up 14% from the same quarter a year earlier. That came with a gross margin of 59% and net income of $27M (12% of revenue). For the full year FY2025, revenue was $795M (+14% year on year) and net income $52M. Its largest product in 2026-Q1 was Subscriptions at $180M, 83% of the disclosed total, just ahead of Product And Service Other at 8.7%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $217M | $190M | +14% |
| Gross profit | $128M | $101M | +27% |
| Operating income | $28M | $2.2M | +1165% |
| Net income | $27M | $4.8M | +460% |
| Diluted EPS | $0.40 | $0.07 | +471% |
| Product | Revenue | Share |
|---|---|---|
| Subscriptions | $180M | 83% |
| Product And Service Other | $19M | 8.7% |
| Transactional Services | $18M | 8.2% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $216.5M (+7.3%)
Subscriptions grew +17% year on yearTransactional Services -4.3% year on year
Segment Latestquarter on quarteryear on year
- Subscriptions$179.9M$179.9MQoQ +8.9%year on year +17%+8.9%+17%
- Product And Service Other$18.8M$18.8MQoQ +1.1%year on year +12%+1.1%+12%
- Transactional Services$17.8M$17.8MQoQ -0.44%year on year -4.3%-0.44%-4.3%
Software - Application
Ranks #47 of 90 by Smart Score