Q2 Holdings, Inc. (QTWO) stock
Close on Nov 12, 2026Market cap $4.51BP/E 43.2Yield –
Earnings
Q2's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.
Quarterly results
Revenue and earnings per share from each of Q2's earnings releases, newest first
| Quarter | Reported | Revenue | YoY | EPS | Adj. EPS | Source |
|---|---|---|---|---|---|---|
| Q3 FY2026ended Sep 30, 2026 | Nov 4, 2026Expected | – | – | – | – | – |
| Q2 FY2026ended Jun 30, 2026 | Jul 29, 2026during market hours | $219.80M | +12.7% | $0.46 | $0.70 | Release |
| Q1 FY2026ended Mar 31, 2026 | Apr 29, 2026during market hours | $216.50M | +14.1% | $0.40 | $0.63 | Release |
| Q4 FY2025ended Dec 31, 2025 | Feb 11, 2026during market hours | $208.20M | +13.8% | – | – | Release |
| Q3 FY2025ended Sep 30, 2025 | Nov 5, 2025during market hours | $201.70M | +15.3% | $0.23 | – | Release |
| Q2 FY2025ended Jun 30, 2025 | Jul 30, 2025during market hours | $195.10M | +12.8% | $0.18 | – | Release |
| Q1 FY2025ended Mar 31, 2025 | May 7, 2025during market hours | $189.70M | +14.6% | $0.07 | – | Release |
| Q4 FY2024ended Dec 31, 2024 | Feb 12, 2025during market hours | $183.00M | +12.9% | $0.00 | – | Release |
| Q3 FY2024ended Sep 30, 2024 | Nov 6, 2024during market hours | $175.00M | +12.9% | – | – | Release |
| Q2 FY2024ended Jun 30, 2024 | Jul 31, 2024during market hours | $172.90M | +11.9% | -$0.22 | – | Release |
| Q1 FY2024ended Mar 31, 2024 | May 1, 2024during market hours | $165.50M | +8.2% | -$0.23 | – | Release |
| Q4 FY2023ended Dec 31, 2023 | Feb 21, 2024during market hours | $162.10M | +10.6% | -$0.31 | – | Release |
| Q3 FY2023ended Sep 30, 2023 | Nov 1, 2023during market hours | $155.00M | +7.0% | -$0.40 | – | Release |
| Q2 FY2023ended Jun 30, 2023 | Aug 2, 2023during market hours | $154.50M | +10.1% | -$0.41 | – | Release |
| Q1 FY2023ended Mar 31, 2023 | May 9, 2023during market hours | $153.00M | +14.1% | -$0.01 | – | Release |
| Q4 FY2022ended Dec 31, 2022 | Feb 21, 2023during market hours | $146.50M | +11.1% | -$0.56 | $0.06 | Release |
| Q3 FY2022ended Sep 30, 2022 | Nov 7, 2022during market hours | $144.80M | +14.3% | -$0.48 | $0.10 | Release |
| Q2 FY2022ended Jun 30, 2022 | Aug 3, 2022during market hours | $140.30M | – | -$0.44 | $0.07 | Release |
| Q1 FY2022ended Mar 31, 2022 | May 2, 2022during market hours | $134.10M | – | -$0.41 | $0.03 | Release |
| Q4 FY2021ended Dec 31, 2021 | Feb 15, 2022during market hours | $131.90M | – | -$0.45 | $0.10 | Release |
| Q3 FY2021ended Sep 30, 2021 | Nov 3, 2021during market hours | $126.70M | – | -$0.56 | $0.03 | Release |
| Q2 FY2021ended Jun 30, 2021 | Aug 4, 2021during market hours | – | – | – | – | Filing |
| Q1 FY2021ended Mar 31, 2021 | May 5, 2021during market hours | – | – | – | – | Filing |
| Q4 FY2020ended Dec 31, 2020 | Feb 17, 2021during market hours | – | – | – | – | Filing |
| Q3 FY2020ended Sep 30, 2020 | Nov 4, 2020during market hours | – | – | – | – | Filing |
| Q2 FY2020ended Jun 30, 2020 | Aug 5, 2020during market hours | – | – | – | – | Filing |
Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.
Current guidance
Q2's latest outlook for periods it has not reported yet, compared with what it said before
| Metric | Period | Guidance | Before | Change | Given |
|---|---|---|---|---|---|
| Total revenue | Q3 FY2026 | $218.50M – $222.50M | – | New | Jul 29, 2026 |
| Adjusted EBITDAnon-GAAP | Q3 FY2026 | $58.50M – $61.50M | – | New | Jul 29, 2026 |
| Total revenue | FY2026 | $881.00M – $886.00M | $875.00M – $882.00M | Raised | Jul 29, 2026 |
| Total revenue growth | FY2026 | +10% | +13.5% | Lowered | Feb 11, 2026 |
| gross margin | FY2026 | 60% | – | New | Nov 5, 2025 |
| Adjusted EBITDAnon-GAAP | FY2026 | $244.00M – $248.00M | $237.00M – $242.00M | Raised | Jul 29, 2026 |
| Adjusted EBITDA percentage of revenuenon-GAAP | FY2026 | 26% | – | New | Feb 11, 2026 |
| subscription revenue year-over-year growth | FY2027 | +12.5% – +13% | – | New | Feb 11, 2026 |
| non-GAAP gross marginnon-GAAP | FY2030 | 65% | – | New | Feb 11, 2026 |
| adjusted EBITDA marginnon-GAAP | FY2030 | 35% | – | New | Feb 11, 2026 |
Guidance vs results
The last range Q2 gave before each report, against the figure it then reported. Full years add up the four quarters.
| Period | Metric | Guidance | Actual | Result |
|---|---|---|---|---|
| Q2 FY2026 | Revenue | $214.00M – $218.00M | $219.80M | Above range |
| Q1 FY2026 | Revenue | $212.50M – $216.50M | $216.50M | Within range |
| Q1 FY2026 | Revenue growth | +12% – +14% | +14.13% | Above range |
| FY2025 | Revenue | $789.00M – $793.00M | $794.70MΣ4Q | Above range |
| FY2025 | Revenue growth | +13% – +14% | +14.12%Σ4Q | Above range |
| Q4 FY2025 | Revenue | $202.40M – $206.40M | $208.20M | Above range |
| Q4 FY2025 | Revenue growth | +11% – +13% | +13.77% | Above range |
| Q3 FY2025 | Revenue | $196.00M – $200.00M | $201.70M | Above range |
| Q2 FY2025 | Revenue | $191.00M – $195.00M | $195.10M | Above range |
| Q1 FY2025 | Revenue | $184.00M – $188.00M | $189.70M | Above range |
| Q1 FY2025 | Revenue growth | +11% – +14% | +14.62% | Above range |
| Q4 FY2024 | Revenue | $178.10M – $181.10M | $183.00M | Above range |
| Q4 FY2024 | Revenue growth | +10% – +12% | +12.89% | Above range |
| Q3 FY2024 | Revenue | $171.50M – $174.50M | $175.00M | Above range |
| Q2 FY2024 | Revenue | $169.00M – $172.00M | $172.90M | Above range |
| Q1 FY2024 | Revenue | $161.70M – $164.70M | $165.50M | Above range |
| Q4 FY2023 | Revenue | $160.30M – $163.30M | $162.10M | Within range |
| Q3 FY2023 | Revenue | $153.50M – $156.50M | $155.00M | Within range |
| Q2 FY2023 | Revenue | $153.10M – $155.10M | $154.50M | Within range |
| Q1 FY2023 | Revenue | $149.00M – $152.00M | $153.00M | Above range |
| Q4 FY2022 | Revenue | $148.40M – $150.40M | $146.50M | Below range |
| Q3 FY2022 | Revenue | $145.66M – $147.66M | $144.80M | Below range |
| Q2 FY2022 | Revenue | $139.50M – $141.00M | $140.30M | Within range |
| Q1 FY2022 | Revenue | $131.50M – $133.00M | $134.10M | Above range |
| Q4 FY2021 | Revenue | $131.30M – $132.80M | $131.90M | Within range |
Guidance history
Every forecast Q2 put in an earnings release, newest first
| Given | Metric | Period | Guidance | Change |
|---|---|---|---|---|
| Jul 29, 2026 | Adjusted EBITDA | FY2026 | $244.00M – $248.00M | Raised |
| Jul 29, 2026 | Adjusted EBITDA | Q3 FY2026 | $58.50M – $61.50M | New |
| Jul 29, 2026 | Total revenue | FY2026 | $881.00M – $886.00M | Raised |
| Jul 29, 2026 | Total revenue | Q3 FY2026 | $218.50M – $222.50M | New |
| Apr 29, 2026 | Adjusted EBITDA | FY2026 | $237.00M – $242.00M | Raised |
| Apr 29, 2026 | Adjusted EBITDA | Q2 FY2026 | $57.50M – $60.50M | New |
| Apr 29, 2026 | Total revenue | FY2026 | $875.00M – $882.00M | Raised |
| Apr 29, 2026 | Total revenue | Q2 FY2026 | $214.00M – $218.00M | New |
| Feb 11, 2026 | Adjusted EBITDA | FY2026 | $225.00M – $230.00M | New |
| Feb 11, 2026 | Adjusted EBITDA | Q1 FY2026 | $52.50M – $55.50M | New |
| Feb 11, 2026 | non-GAAP gross margin | FY2030 | 65% | New |
| Feb 11, 2026 | Adjusted EBITDA percentage of revenue | FY2026 | 26% | New |
| Feb 11, 2026 | Adjusted EBITDA percentage of revenue | Q1 FY2026 | 25% – 26% | New |
| Feb 11, 2026 | adjusted EBITDA margin | FY2030 | 35% | New |
| Feb 11, 2026 | Total revenue growth | FY2026 | +10% | Lowered |
| Feb 11, 2026 | Total revenue | FY2026 | $871.00M – $878.00M | New |
| Feb 11, 2026 | Total revenue growth | Q1 FY2026 | +12% – +14% | New |
| Feb 11, 2026 | Total revenue | Q1 FY2026 | $212.50M – $216.50M | New |
| Feb 11, 2026 | subscription revenue year-over-year growth | FY2027 | +12.5% – +13% | New |
| Nov 5, 2025 | Adjusted EBITDA | FY2025 | $182.50M – $185.50M | New |
| Nov 5, 2025 | Adjusted EBITDA | Q4 FY2025 | $47.20M – $50.20M | New |
| Nov 5, 2025 | gross margin | FY2026 | 60% | New |
| Nov 5, 2025 | Adjusted EBITDA representing percent of revenue | FY2025 | 23% | New |
| Nov 5, 2025 | Adjusted EBITDA representing percent of revenue | Q4 FY2025 | 23% – 24% | New |
| Nov 5, 2025 | Total revenue year-over-year growth | FY2025 | +13% – +14% | New |
| Nov 5, 2025 | Total revenue year-over-year growth | Q4 FY2025 | +11% – +13% | New |
| Nov 5, 2025 | Total revenue | Q4 FY2025 | $202.40M – $206.40M | New |
| Nov 5, 2025 | Year-over-year subscription revenue growth | FY2026 | +13.5% | New |
| Nov 5, 2025 | Total revenue | FY2025 | $789.00M – $793.00M | New |
| Jul 30, 2025 | Adjusted EBITDA | Q3 FY2025 | $44.00M – $47.00M | New |
| Jul 30, 2025 | Adjusted EBITDA | FY2025 | $177.00M – $181.00M | Raised |
| Jul 30, 2025 | Total revenue | Q3 FY2025 | $196.00M – $200.00M | New |
| Jul 30, 2025 | Total revenue | FY2025 | $783.00M – $788.00M | Raised |
| May 7, 2025 | Adjusted EBITDA | FY2025 | $170.00M – $175.00M | Raised |
| May 7, 2025 | Adjusted EBITDA | Q2 FY2025 | $41.00M – $44.00M | New |
| May 7, 2025 | Total revenue | FY2025 | $776.00M – $783.00M | Raised |
| May 7, 2025 | Total revenue | Q2 FY2025 | $191.00M – $195.00M | New |
| Feb 12, 2025 | Adjusted EBITDA | FY2025 | $165.00M – $170.00M | New |
| Feb 12, 2025 | Adjusted EBITDA | Q1 FY2025 | $36.00M – $39.00M | New |
| Feb 12, 2025 | Adjusted EBITDA representing percent of GAAP revenue | FY2025 | 21% – 22% | New |
| Feb 12, 2025 | Adjusted EBITDA representing percent of GAAP revenue | Q1 FY2025 | 20% – 21% | New |
| Feb 12, 2025 | year-over-year growth | Q1 FY2025 | +11% – +14% | New |
| Feb 12, 2025 | Total revenue | FY2025 | $772.00M – $779.00M | New |
| Feb 12, 2025 | year-over-year growth | FY2025 | +11% – +12% | New |
| Feb 12, 2025 | Total revenue | Q1 FY2025 | $184.00M – $188.00M | New |
| Nov 6, 2024 | Adjusted EBITDA | Q4 FY2024 | $34.30M – $36.30M | New |
| Nov 6, 2024 | Adjusted EBITDA | FY2024 | $122.00M – $124.00M | Raised |
| Nov 6, 2024 | Adjusted EBITDA representing percent of non-GAAP revenue | FY2024 | 18% | New |
| Nov 6, 2024 | Adjusted EBITDA representing percent of non-GAAP revenue | Q4 FY2024 | 19% – 20% | New |
| Nov 6, 2024 | Total non-GAAP revenue | Q4 FY2024 | $178.10M – $181.10M | New |
| Nov 6, 2024 | Total non-GAAP revenue year-over-year growth | FY2024 | +11% | New |
| Nov 6, 2024 | Total non-GAAP revenue | FY2024 | $691.50M – $694.50M | Raised |
| Nov 6, 2024 | Total non-GAAP revenue year-over-year growth | Q4 FY2024 | +10% – +12% | New |
| Jul 31, 2024 | Adjusted EBITDA | FY2024 | $116.50M – $119.50M | Raised |
| Jul 31, 2024 | Adjusted EBITDA | Q3 FY2024 | $27.50M – $29.50M | New |
| Jul 31, 2024 | Total non-GAAP revenue | FY2024 | $688.50M – $692.50M | Raised |
| Jul 31, 2024 | Total non-GAAP revenue | Q3 FY2024 | $171.50M – $174.50M | New |
| May 1, 2024 | Adjusted EBITDA | FY2024 | $110.00M – $114.00M | Raised |
| May 1, 2024 | Adjusted EBITDA | Q2 FY2024 | $26.00M – $28.00M | New |
| May 1, 2024 | Total non-GAAP revenue | FY2024 | $686.00M – $692.00M | Raised |
| May 1, 2024 | Total non-GAAP revenue | Q2 FY2024 | $169.00M – $172.00M | New |
| Feb 21, 2024 | Adjusted EBITDA | FY2024 | $107.00M – $111.00M | New |
| Feb 21, 2024 | Adjusted EBITDA | Q1 FY2024 | $22.00M – $24.00M | New |
| Feb 21, 2024 | Total non-GAAP revenue | FY2024 | $683.00M – $689.00M | New |
| Feb 21, 2024 | Total non-GAAP revenue | Q1 FY2024 | $161.70M – $164.70M | New |
| Nov 1, 2023 | Adjusted EBITDA | FY2023 | $75.00M – $77.00M | Raised |
| Nov 1, 2023 | Adjusted EBITDA | Q4 FY2023 | $21.20M – $23.20M | New |
| Nov 1, 2023 | Total non-GAAP revenue | FY2023 | $622.50M – $625.50M | Narrowed |
| Nov 1, 2023 | Total non-GAAP revenue | Q4 FY2023 | $160.30M – $163.30M | New |
| Aug 2, 2023 | Adjusted EBITDA | Q3 FY2023 | $17.00M – $19.00M | New |
| Aug 2, 2023 | Adjusted EBITDA | FY2023 | $71.00M – $75.00M | Raised |
| Aug 2, 2023 | Total non-GAAP revenue | Q3 FY2023 | $153.50M – $156.50M | New |
| Aug 2, 2023 | Total non-GAAP revenue | FY2023 | $620.00M – $628.00M | Narrowed |
| May 9, 2023 | Adjusted EBITDA | Q2 FY2023 | $14.00M – $16.00M | New |
| May 9, 2023 | Adjusted EBITDA | FY2023 | $67.00M – $71.00M | Raised |
| May 9, 2023 | Total non-GAAP revenue | Q2 FY2023 | $153.10M – $155.10M | New |
| May 9, 2023 | GAAP revenue | Q2 FY2023 | $153.02M – $155.02M | New |
| May 9, 2023 | Total non-GAAP revenue | FY2023 | $618.00M – $630.00M | Lowered |
| May 9, 2023 | GAAP revenue | FY2023 | $617.66M – $629.66M | New |
| Feb 21, 2023 | Adjusted EBITDA | Q1 FY2023 | $10.00M – $12.50M | New |
| Feb 21, 2023 | Adjusted EBITDA | FY2023 | $62.00M – $66.00M | New |
| Feb 21, 2023 | Total non-GAAP revenue | Q1 FY2023 | $149.00M – $152.00M | New |
| Feb 21, 2023 | Total non-GAAP revenue | FY2023 | $632.00M – $640.00M | New |
| Nov 7, 2022 | Adjusted EBITDA | FY2022 | $39.00M – $41.00M | Lowered |
| Nov 7, 2022 | Adjusted EBITDA | Q4 FY2022 | $10.50M – $12.50M | New |
| Nov 7, 2022 | Total non-GAAP revenue | FY2022 | $568.00M – $570.00M | Lowered |
| Nov 7, 2022 | Total non-GAAP revenue | Q4 FY2022 | $148.40M – $150.40M | New |
| Aug 3, 2022 | Adjusted EBITDA | FY2022 | $41.40M – $44.40M | Reaffirmed |
| Aug 3, 2022 | Adjusted EBITDA | Q3 FY2022 | $6.20M – $8.20M | New |
| Aug 3, 2022 | GAAP Revenue | Q3 FY2022 | $145.66M – $147.66M | New |
| Aug 3, 2022 | Total non-GAAP revenue | FY2022 | $577.50M – $581.50M | Reaffirmed |
| Aug 3, 2022 | GAAP Revenue | FY2022 | $576.82M – $580.82M | Lowered |
| Aug 3, 2022 | Total non-GAAP revenue | Q3 FY2022 | $145.80M – $147.80M | New |
| May 2, 2022 | Adjusted EBITDA | FY2022 | $41.40M – $44.40M | Raised |
| May 2, 2022 | Adjusted EBITDA | Q2 FY2022 | $7.40M – $8.90M | New |
| May 2, 2022 | Total non-GAAP revenue | FY2022 | $577.50M – $581.50M | Raised |
| May 2, 2022 | GAAP Revenue | FY2022 | $576.82M – $580.82M | Raised |
| May 2, 2022 | Total non-GAAP revenue | Q2 FY2022 | $139.50M – $141.00M | New |
| May 2, 2022 | GAAP Revenue | Q2 FY2022 | $139.33M – $140.83M | New |
| Feb 15, 2022 | Adjusted EBITDA | Q1 FY2022 | $7.70M – $8.70M | New |
| Feb 15, 2022 | Adjusted EBITDA | FY2022 | $40.90M – $43.90M | New |
| Feb 15, 2022 | Total non-GAAP revenue | Q1 FY2022 | $131.50M – $133.00M | New |
| Feb 15, 2022 | GAAP Revenue | FY2022 | $575.32M – $580.32M | New |
| Feb 15, 2022 | Total non-GAAP revenue | FY2022 | $576.00M – $581.00M | New |
| Feb 15, 2022 | GAAP Revenue | Q1 FY2022 | $131.26M – $132.76M | New |
| Nov 3, 2021 | Adjusted EBITDA | FY2021 | $34.40M – $35.00M | New |
| Nov 3, 2021 | Adjusted EBITDA | Q4 FY2021 | $7.30M – $7.90M | New |
| Nov 3, 2021 | Total non-GAAP revenue | FY2021 | $499.80M – $501.30M | New |
| Nov 3, 2021 | Total non-GAAP revenue | Q4 FY2021 | $131.30M – $132.80M | New |
Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.
Press releases
Releases Q2 filed with the SEC as exhibits to Form 8-K or 6-K
- Update
- Results
- Results
- Results
- Results
- Results
- Results
- Results
- Results
- Results
- Update
- Results
- Update
- Results
- Results
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