Q2 Holdings, Inc. (QTWO) stock
QTWONYSEServices-Prepackaged SoftwareFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 28, 2026Score 11/3070% above fair value
$72.95−1.19 (-1.61%)
Close on Nov 12, 2026Market cap $4.51BP/E 43.2Yield –
Q2 gross margin
Gross margin is gross profit as a percentage of revenue.
Q2's gross margin for the twelve months ending Sep 30, 2026 was 58.4%. For fiscal 2025 it was 54.1%, against 50.9% the year before. The highest annual figure on record is 54.1% in fiscal 2025.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 54.1% | +3.2 |
| FY2024 | Dec 31, 2024 | 50.9% | +2.4 |
| FY2023 | Dec 31, 2023 | 48.5% | +3.1 |
| FY2022 | Dec 31, 2022 | 45.3% | +0.2 |
| FY2021 | Dec 31, 2021 | 45.1% | +1.8 |
| FY2020 | Dec 31, 2020 | 43.4% | −5.1 |
| FY2019 | Dec 31, 2019 | 48.5% | −1.0 |
| FY2018 | Dec 31, 2018 | 49.5% | +0.7 |
| FY2017 | Dec 31, 2017 | 48.7% | +0.3 |
| FY2016 | Dec 31, 2016 | 48.5% | +2.8 |
| FY2015 | Dec 31, 2015 | 45.7% | +3.9 |
| FY2014 | Dec 31, 2014 | 41.8% | +5.6 |
| FY2013 | Dec 31, 2013 | 36.2% | −2.5 |
| FY2012 | Dec 31, 2012 | 38.8% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 59.7% | +5.8 |
| Q2 FY2026 | Jun 30, 2026 | 59.2% | +5.7 |
| Q1 FY2026 | Mar 31, 2026 | 59.1% | +5.9 |
| Q4 FY2025 | Dec 31, 2025 | 55.4% | +2.7 |
| Q3 FY2025 | Sep 30, 2025 | 54.0% | +3.1 |
| Q2 FY2025 | Jun 30, 2025 | 53.6% | +3.4 |
| Q1 FY2025 | Mar 31, 2025 | 53.2% | +3.5 |
| Q4 FY2024 | Dec 31, 2024 | 52.6% | +2.4 |
| Q3 FY2024 | Sep 30, 2024 | 50.9% | +3.0 |
| Q2 FY2024 | Jun 30, 2024 | 50.2% | +2.4 |
| Q1 FY2024 | Mar 31, 2024 | 49.7% | +1.8 |
| Q4 FY2023 | Dec 31, 2023 | 50.2% | +5.0 |
| Q3 FY2023 | Sep 30, 2023 | 47.8% | +1.7 |
| Q2 FY2023 | Jun 30, 2023 | 47.8% | +3.0 |
| Q1 FY2023 | Mar 31, 2023 | 47.9% | +2.9 |
| Q4 FY2022 | Dec 31, 2022 | 45.2% | +0.1 |
| Q3 FY2022 | Sep 30, 2022 | 46.2% | +1.2 |
| Q2 FY2022 | Jun 30, 2022 | 44.8% | +0.0 |
| Q1 FY2022 | Mar 31, 2022 | 45.1% | −0.6 |
| Q4 FY2021 | Dec 31, 2021 | 45.1% | +4.3 |
| Q3 FY2021 | Sep 30, 2021 | 45.0% | +0.2 |
| Q2 FY2021 | Jun 30, 2021 | 44.8% | −0.7 |
| Q1 FY2021 | Mar 31, 2021 | 45.7% | +3.1 |
| Q4 FY2020 | Dec 31, 2020 | 40.8% | −7.6 |
| Q3 FY2020 | Sep 30, 2020 | 44.7% | −4.5 |
| Q2 FY2020 | Jun 30, 2020 | 45.5% | −2.9 |
| Q1 FY2020 | Mar 31, 2020 | 42.5% | −5.3 |
| Q4 FY2019 | Dec 31, 2019 | 48.4% | +1.2 |
| Q3 FY2019 | Sep 30, 2019 | 49.3% | −1.0 |
| Q2 FY2019 | Jun 30, 2019 | 48.4% | −1.6 |
| Q1 FY2019 | Mar 31, 2019 | 47.8% | −2.9 |
| Q4 FY2018 | Dec 31, 2018 | 47.3% | −1.4 |
| Q3 FY2018 | Sep 30, 2018 | 50.2% | +1.7 |
| Q2 FY2018 | Jun 30, 2018 | 50.0% | +1.1 |
| Q1 FY2018 | Mar 31, 2018 | 50.8% | +1.9 |
| Q4 FY2017 | Dec 31, 2017 | 48.6% | −1.2 |
| Q3 FY2017 | Sep 30, 2017 | 48.5% | – |
| Q2 FY2017 | Jun 30, 2017 | 48.9% | – |
| Q1 FY2017 | Mar 31, 2017 | 48.9% | – |
| Q4 FY2016 | Dec 31, 2016 | 49.8% | – |
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