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 operating margin
Operating margin is operating income as a percentage of revenue.
Q2's operating margin for the twelve months ending Sep 30, 2026 was 12.4%. For fiscal 2025 it was 5.0%, against -6.1% the year before. The highest annual figure on record is 5.0% in fiscal 2025.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 5.0% | +11.1 |
| FY2024 | Dec 31, 2024 | -6.1% | +7.7 |
| FY2023 | Dec 31, 2023 | -13.8% | +4.7 |
| FY2022 | Dec 31, 2022 | -18.5% | −2.9 |
| FY2021 | Dec 31, 2021 | -15.6% | +9.1 |
| FY2020 | Dec 31, 2020 | -24.8% | −3.6 |
| FY2019 | Dec 31, 2019 | -21.2% | −7.9 |
| FY2018 | Dec 31, 2018 | -13.2% | +0.7 |
| FY2017 | Dec 31, 2017 | -13.9% | +9.9 |
| FY2016 | Dec 31, 2016 | -23.8% | −1.0 |
| FY2015 | Dec 31, 2015 | -22.8% | +1.3 |
| FY2014 | Dec 31, 2014 | -24.1% | +6.0 |
| FY2013 | Dec 31, 2013 | -30.1% | −12.8 |
| FY2012 | Dec 31, 2012 | -17.3% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 15.0% | +9.6 |
| Q2 FY2026 | Jun 30, 2026 | 13.4% | +8.3 |
| Q1 FY2026 | Mar 31, 2026 | 12.8% | +11.6 |
| Q4 FY2025 | Dec 31, 2025 | 8.1% | +9.0 |
| Q3 FY2025 | Sep 30, 2025 | 5.5% | +12.8 |
| Q2 FY2025 | Jun 30, 2025 | 5.0% | +13.0 |
| Q1 FY2025 | Mar 31, 2025 | 1.2% | +9.7 |
| Q4 FY2024 | Dec 31, 2024 | -0.9% | +10.3 |
| Q3 FY2024 | Sep 30, 2024 | -7.3% | +7.6 |
| Q2 FY2024 | Jun 30, 2024 | -7.9% | +7.4 |
| Q1 FY2024 | Mar 31, 2024 | -8.6% | +5.3 |
| Q4 FY2023 | Dec 31, 2023 | -11.1% | +11.1 |
| Q3 FY2023 | Sep 30, 2023 | -15.0% | +3.8 |
| Q2 FY2023 | Jun 30, 2023 | -15.3% | +1.6 |
| Q1 FY2023 | Mar 31, 2023 | -13.9% | +2.1 |
| Q4 FY2022 | Dec 31, 2022 | -22.2% | −8.8 |
| Q3 FY2022 | Sep 30, 2022 | -18.7% | −0.6 |
| Q2 FY2022 | Jun 30, 2022 | -17.0% | −0.8 |
| Q1 FY2022 | Mar 31, 2022 | -16.0% | −0.9 |
| Q4 FY2021 | Dec 31, 2021 | -13.3% | +5.5 |
| Q3 FY2021 | Sep 30, 2021 | -18.1% | +1.0 |
| Q2 FY2021 | Jun 30, 2021 | -16.1% | +17.0 |
| Q1 FY2021 | Mar 31, 2021 | -15.0% | +14.4 |
| Q4 FY2020 | Dec 31, 2020 | -18.8% | +6.4 |
| Q3 FY2020 | Sep 30, 2020 | -19.1% | −2.3 |
| Q2 FY2020 | Jun 30, 2020 | -33.1% | −14.6 |
| Q1 FY2020 | Mar 31, 2020 | -29.4% | −5.4 |
| Q4 FY2019 | Dec 31, 2019 | -25.2% | −6.3 |
| Q3 FY2019 | Sep 30, 2019 | -16.8% | −4.8 |
| Q2 FY2019 | Jun 30, 2019 | -18.5% | −7.1 |
| Q1 FY2019 | Mar 31, 2019 | -24.0% | −14.5 |
| Q4 FY2018 | Dec 31, 2018 | -18.9% | −6.7 |
| Q3 FY2018 | Sep 30, 2018 | -12.0% | −0.2 |
| Q2 FY2018 | Jun 30, 2018 | -11.4% | +4.8 |
| Q1 FY2018 | Mar 31, 2018 | -9.5% | +6.1 |
| Q4 FY2017 | Dec 31, 2017 | -12.2% | +5.2 |
| Q3 FY2017 | Sep 30, 2017 | -11.8% | – |
| Q2 FY2017 | Jun 30, 2017 | -16.2% | – |
| Q1 FY2017 | Mar 31, 2017 | -15.6% | – |
| Q4 FY2016 | Dec 31, 2016 | -17.4% | – |
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