Is Q2 Holdings (QTWO) overvalued or fairly valued?

MarketChacha shows Q2 Holdings's valuation in context — a trailing P/E of about 48.9, a forward P/E of about 18.7, a price-to-book of about 6.1 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is Q2 Holdings's revenue?

Q2 Holdings reported revenue of $794.8M for FY2025, with net profit of $52.0M, per official filings.

What is the share price of Q2 Holdings (QTWO)?

Q2 Holdings last traded at $62.13 (-3.0% on the day), as of 9/4/2026 — a delayed quote shown for education, not investment advice.

Q2 Holdings

QTWO · NYSE · Technology · United States

Snapshot

TickerQTWO

ExchangeNYSE

SectorTechnology

IndustrySoftware - Application

CountryUnited States

Employees2,548

HeadquartersAustin, United States

Websitewww.q2.com

Filings tracked12

About Q2 Holdings

Q2 Holdings, Inc. provides digital solutions to financial institutions, financial technology companies, FinTechs, and alternative finance companies (Alt-FIs) in the United States. The company offers Digital Banking Platform, an end-to-end digital banking platform that supports its financial institution customers in their delivery of retail, SMB, and commercial functionalities across digital channels; and risk and fraud solutions that are designed to support financial institutions' efforts to protect end users, comply with regulatory requirements and manage fraud risk efficiently. It also provides Q2 Innovation Studio, an application program interface and software development kit based open technology platform that allows financial institution customers, FinTechs, and other partners to deploy customized experiences and financial services to end users; and Helix, a cloud-native, real-time core processing platform that combines the services and functionality for companies and financial institutions. In addition, the company offers digital lending and relationship pricing solutions that support financial institutions, FinTechs and Alt-FIs in managing lending workflows, pricing strategies and customer relationships across commercial and consumer use cases, as well as offers loans, deposits and fee-based products. The company was formerly known as CBG Holdings, Inc. and changed its name to Q2 Holdings, Inc. in March 2013. Q2 Holdings, Inc. was founded in 2004 and is headquartered in Austin, Texas.

Who owns it

Insiders0.8%
Institutions99.2%
Public & other0.0%

466 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.16.73%
Vanguard Portfolio Management LLC7.97%
Vanguard Capital Management LLC4.36%
State Street Corporation4.22%
Tremblant Capital Group2.95%
Millennium Management Llc2.90%
Nomura Asset Management International Inc2.62%
Geode Capital Management, LLC2.54%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

Latest ROE of 7.9% is on the low side — the business earns a modest return on shareholder capital.

Net margin trend-10.5% → 6.5%

Margin has expanded by about 17.0 points — the business is getting more profitable.

Return on equity7.9%

Latest ROE of 7.9% is on the low side — the business earns a modest return on shareholder capital.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $227.3M · EPS 0.73

Est. earnings growth +7.3%

Next fiscal year

Rev $974.6M · EPS 3.35

Est. earnings growth +16.4%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$794.8M

Net margin

6.5%

ROE

7.9%

Revenue CAGR (2y)

+12.8%

EPS (FY2025)

0.80

Net profit (FY2025)

$52.0M

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Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$794.8M	$52.0M	0.80	6.5%	7.9%
FY2024	$696.5M	$-38.5M	-0.64	-5.5%	-7.4%
FY2023	$624.6M	$-65.4M	-1.12	-10.5%	-14.6%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$219.8M	$29.9M	0.46	13.6%
2026Q1	$216.5M	$26.6M	0.40	12.3%
2025Q3	$201.7M	$15.0M	0.23	7.5%
2025Q2	$195.1M	$11.8M	0.18	6.0%
2025Q1	$189.7M	$4.8M	0.07	2.5%
2024Q3	$175.0M	$-11.8M	-0.20	-6.7%
2024Q2	$172.9M	$-13.1M	-0.22	-7.6%
2024Q1	$165.5M	$-13.8M	-0.23	-8.4%
2023Q3	$155.0M	$-23.2M	-0.40	-14.9%
2023Q2	$154.5M	$-23.6M	-0.41	-15.3%
2023Q1	$153.0M	$-516,000	-0.01	-0.3%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Results of operations, Other events, Exhibits
SEC7/29/2026material
10-Q filing
SEC7/29/2026
8-K — Shareholder vote results
SEC6/12/2026material
8-K — Results of operations, Exhibits
SEC4/29/2026material
10-Q filing
SEC4/29/2026
8-K — Results of operations, Exhibits
SEC2/11/2026material
10-K filing
SEC2/11/2026

2025

8-K — Results of operations, Other events, Exhibits
SEC11/5/2025material
8-K — Executive/director change, Exhibits
SEC11/5/2025material
10-Q filing
SEC11/5/2025
8-K — Results of operations, Exhibits
SEC7/30/2025material
10-Q filing
SEC7/30/2025

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.