Q2 Holdings (QTWO) Financials

$60.04

$-2.10 (-3.37%)

As on 08-Sep-2026 11:38EDT

Market cap

$3,996 Mln

Revenue (TTM)

$846 Mln

P/E Ratio

45.1

P/B Ratio

6.2

Div. Yield

0 %

Annual
Quarterly

Income Statement ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Operating Revenue	846.20	794.81	696.46	624.62	565.67	498.72
Cost of Revenue	363.95	365.22	341.98	321.97	309.33	273.69
Gross Profit	482.24	429.59	354.48	302.65	256.35	225.04
Operating Expenses	395.46	383.95	396.74	388.71	361.11	303.03
Operating Profit (EBIT)	86.78	45.64	-42.26	-86.06	-104.76	-78.00
Other Income	--	--	--	--	5.36	-0.04
Profit before Tax	97.46	54.73	-30.86	-61.82	-106.08	-111.10
Provision for Tax	5.47	2.72	7.68	3.56	2.91	1.64
Profit after Tax (Net Income)	91.99	52.01	-38.54	-65.38	-108.98	-112.75
Minority Interest	--	--	--	--	--	--
Consolidated Profit	--	--	--	--	-108.98	-112.75

Liabilities ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Shareholder's Funds	643.45	661.81	517.80	448.48	419.02	570.30
Minority Interest	--	--	--	--	--	--
Non-Current Liabilities	66.15	70.38	378.10	561.38	738.66	646.39
Current Liabilities	258.81	544.09	398.90	191.56	192.04	168.36
Total Liabilities	1,227.23	1,276.28	1,294.80	1,201.43	1,349.73	1,385.05

Assets ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Non-Current Assets	690.99	720.23	736.14	773.46	818.65	862.60
Current Assets	244.47	556.05	558.66	427.96	531.08	522.45
Total Assets	1,227.23	1,276.28	1,294.80	1,201.43	1,349.73	1,385.05
Total Debt*	40.93	346.82	542.99	548.92	733.34	621.97
Net Current Assets	-14.34	11.97	159.76	236.40	339.03	354.09

Cashflow ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Cash From Operating Activities	--	201.46	135.75	70.29	36.56	31.09
Cash Flow from Investing Activities	--	-4.03	-21.08	113.27	-165.56	-65.13
Cash from Financing Activities	--	-188.97	13.32	-152.01	5.88	-51.16
Net Cash Inflow / Outflow	--	--	--	--	-123.12	-85.36

Financials Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Adjusted EPS ($)	1.36	0.76	-0.60	-1.11	-1.89	-1.98
Cash EPS ($)	--	1.54	0.47	0.11	-0.82	-1.02
Adjusted Book Value ($)	--	9.68	8.01	7.63	7.28	10.03
Dividend per Share ($)	--	--	--	--	--	--
Cash Flow per Share ($)	--	2.95	2.10	1.20	0.63	0.55
Free Cash Flow per Share ($)	--	2.85	2.00	0.67	0.11	0.10

Profitability Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
ROCE (%)	--	5.03	-3.74	-6.08	-9.30	-9.25
ROE (%)	14.09	8.82	-7.98	-15.07	-22.03	-18.58
ROA (%)	5.50	4.05	-3.09	-5.13	-7.97	-8.05
EBIT Margin (%)	11.68	7.57	-3.72	-8.98	-17.57	-15.65
Net Margin (%)	10.87	6.54	-5.53	-10.47	-19.09	-22.61
Cash Profit Margin (%)	--	--	--	--	--	--

Growth Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Revenue Growth (%)	13.90	0.14	0.12	0.10	0.13	0.24
EBIT Growth (%)	497.29	331.99	53.79	43.57	-27.38	27.45
Net Profit Growth (%)	1,783.46	234.96	41.06	40.01	3.34	18.07
EPS Growth (%)	2,657.28	2.28	0.46	0.41	0.05	0.21
Book Value Growth (%)	15.03	--	--	--	--	--

Valuation Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Price / Earnings	45.13	94.90	-168.87	-39.00	-14.20	-40.05
Price / Book Value	6.19	7.46	12.57	5.69	3.69	7.92
Dividend Yield (%)	--	--	--	--	--	--
EV/EBITDA	25.76	37.43	153.98	95.63	-48.95	-203.03
Close Price ($)	48.10	72.16	100.65	43.41	26.87	79.44
High Price ($)	95.06	103.71	112.24	44.77	81.56	148.56
Low Price ($)	40.79	58.57	39.66	18.91	20.93	69.91
Market Cap ($ Cr)	3,995.69	--	--	--	--	--

Solvency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Debt to Equity	--	0.52	1.05	1.22	1.75	1.09
Short term debt to equity ratio	0.01	0.47	0.39	0.03	0.05	0.02
Current Ratio	0.94	1.02	1.40	2.23	2.77	3.10
Quick Ratio	0.94	--	--	2.02	2.60	2.89
Interest Coverage	21.47	11.12	-5.25	-9.79	-14.89	-2.36

Operating Efficiency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Debtors to sales (%)	8.33	9.36	7.18	8.34	9.84	9.79
Asset Turnover	0.51	0.62	0.56	0.49	0.41	0.36
Receivable days	--	28.58	26.76	31.50	33.73	31.62
Inventory Days	--	--	42.98	40.55	39.33	44.14
Payable days	--	14.91	15.33	16.68	12.19	12.33
Cash Conversion Cycle	--	--	54.41	55.37	60.86	63.42

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.