Q2 Holdings, Inc. Income Statement
QTWO / Information Technology|14 years of annual SEC 10-K data (FY2012-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 14 fiscal years. All figures from audited SEC 10-K filings.
Q2 Holdings, Inc. reported $795M in revenue and $52M in net income for FY2025. Revenue has grown at a 25.6% compound annual rate over the past 13 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- Cash-backed earnings: Operating cash flow exceeds net income
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $794.8M | $696.5M | $624.6M | $565.7M | $498.7M | $402.8M | $315.5M | $241.1M | $194.0M | $150.2M | $108.9M | $79.1M | $56.9M | $41.1M |
| Cost of Revenue | $365.1M | $342.0M | $322.0M | $309.3M | $273.7M | $228.2M | $162.5M | $121.9M | $99.5M | $77.4M | $59.1M | $46.1M | $36.3M | $25.2M |
| Gross Profit | $429.7M | $354.5M | $302.7M | $256.3M | $225.0M | $174.6M | $153.0M | $119.2M | $94.5M | $72.8M | $49.7M | $33.1M | $20.6M | $15.9M |
| SG&A Expense | $125.5M | $122.9M | $110.2M | $90.2M | $77.9M | $70.9M | $56.7M | $45.0M | $37.2M | $32.0M | $23.0M | $17.0M | $11.7M | $8.8M |
| R&D Expense | $154.3M | $143.2M | $137.3M | $130.1M | $117.0M | $97.4M | $76.3M | $51.3M | $40.3M | $32.5M | $21.5M | $12.1M | $9.0M | $5.3M |
| Operating Income | $39.9M | -$42.3M | -$86.1M | -$104.8M | -$78.0M | -$99.8M | -$66.7M | -$31.9M | -$26.9M | -$35.7M | -$24.8M | -$19.1M | -$17.1M | -$7.1M |
| Interest Expense | $2.8M | $2.7M | $2.5M | - | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $2.7M | $7.7M | $3.6M | $2.9M | $1.6M | $1.4M | -$12.5M | -$3.8M | -$314.0K | $427.0K | $220.0K | $71.0K | $55.0K | $164.0K |
| Net Income | $52.0M | -$38.5M | -$65.4M | -$109.0M | -$112.7M | -$137.6M | -$70.9M | -$35.4M | -$26.2M | -$36.4M | -$25.1M | -$19.6M | -$17.9M | -$8.8M |
| EPS (Basic) | $0.84 | -$0.64 | -$1.12 | -$1.90 | -$2.00 | -$2.65 | -$1.53 | - | - | - | - | - | - | - |
| EPS (Diluted) | $0.80 | -$0.64 | -$1.12 | -$1.90 | -$2.00 | -$2.65 | -$1.53 | - | - | - | - | - | - | - |
| Shares Outstanding | 65.1M | 60.1M | 58.4M | 57.3M | 56.4M | 52.0M | 46.2M | 42.8M | 41.2M | 39.6M | 37.3M | 29.3M | 11.9M | 11.3M |
| Gross Margin | 54.1% | 50.9% | 48.5% | 45.3% | 45.1% | 43.4% | 48.5% | 49.5% | 48.7% | 48.5% | 45.7% | 41.8% | 36.2% | 38.8% |
| Operating Margin | 5.0% | -6.1% | -13.8% | -18.5% | -15.6% | -24.8% | -21.2% | -13.2% | -13.9% | -23.8% | -22.8% | -24.1% | -30.1% | -17.3% |
| Profit Margin | 6.5% | -5.5% | -10.5% | -19.3% | -22.6% | -34.2% | -22.5% | -14.7% | -13.5% | -24.2% | -23.0% | -24.8% | -31.4% | -21.4% |