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Q2 Holdings QTWO Q1 2026 earnings

Reported April 29, 2026 · After market close

Revenue$216.5MBeat by $2.1M
EPS$0.63Miss by $0.08
Revenue estimate$214.4M
EPS estimate$0.71

Next report

Date not yet announced

Financials

Q1 2026

Income statement

See full
Revenue$216.5M+14.1%
Gross profit$127.9M+26.7%
Operating income$27.7M+1,165%
Net income$26.6M+460%
EPS (diluted)$0.40+471%

Balance sheet

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Cash & equivalents$218.3M-34.3%
Total debt$343.9M+45.3%
Total equity$611.7M+12.1%
Total assets$1.2B-7.7%

Cash flow

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Operating cash flow$56.3M+29.4%
CapEx$6.6M+740%
Free cash flow$49.7M+16.3%

Valuation & ratios

Valuation

as of 03/31/26
See full
Market cap$2.95B-39.3%
Enterprise value$3.08B-35.4%
P/E39.9×—
P/S3.6×-3.1×

Profitability

See full
Gross margin55.6%+3.8pp
Operating margin8%+6.1pp
Net margin9%+7.3pp
FCF margin24.5%+2.4pp

Returns & leverage

See full
Return on equity12.8%+10.3pp
Debt / equity0.6×+0.1×
Current ratio0.9×-0.5×

Segments

By product

See full
Subscription$179.9M+16.6%
Transactional$17.8M-4.3%

Versus estimates

Revenue

Q2 2026$216.3MMiss by $559.7K
Q1 2026$216.5MBeat by $2.1M
Q4 2025$208.2MBeat by $3.5MQ3 2025$201.7MMiss by $3.2MQ2 2025$195.1MMiss by $2.9MQ1 2025$189.7MBeat by $3.2M

Diluted EPS

Q2 2026$0.70Beat by $0.02
Q1 2026$0.63Miss by $0.08
Q4 2025$0.61Beat by $0.02Q3 2025$0.57Beat by $0.02Q2 2025$0.50Miss by $0.01Q1 2025$0.54Beat by $0.06

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Questions, answered.

When did Q2 Holdings report Q1 2026 earnings?
Q2 Holdings (QTWO) reported Q1 2026 earnings on April 29, 2026 after market close.
What were Q2 Holdings's Q1 2026 revenue and EPS?
Q2 Holdings reported revenue of $216.5M and eps of $0.63 for Q1 2026.
Did Q2 Holdings beat estimates in Q1 2026?
Revenue beat the consensus estimate of $214.4M by $2.1M. EPS missed the consensus estimate of $0.71 by $0.08.
How did Q2 Holdings's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 14.1% from $189.7M a year earlier and eps grew 16.7% from $0.54.
Where can I find Q2 Holdings's Q1 2026 SEC filings?
You can read the 8-K earnings release (0001410384-26-000035) and the 10-Q periodic report (0001410384-26-000037) directly on SEC EDGAR. The filing index links above go to sec.gov.