Can Q2 Holdings cover its short-term obligations?

Its current ratio is 0.93 — current liabilities exceed current assets.

Where does Q2 Holdings's balance sheet data come from?

Every line is extracted from Q2 Holdings's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Q2 Holdings QTWO Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Cash and cash equivalents	$273.5M-7.1%	$294.4M+26.0%	$233.63M+55.1%	$150.6M+18.7%
Short-term investments	$65.06M-26.1%	$88.07M-6.7%	$94.35M-59.6%	$233.75M+123%
Restricted cash	$1.67M-25.1%	$2.23M-43.9%	$3.98M+72.8%	$2.3M-22.6%
Accounts receivable, net	$51.72M+22.9%	$42.08M-1.9%	$42.9M-8.2%	$46.74M-0.5%
Prepaid expenses and other current assets	$28.23M+20.1%	$23.51M+102%	$11.63M+7.3%	$10.83M+2.9%
Contract assets	$8.6M+9.0%	$7.89M-14.2%	$9.19M+3.2%	$8.91M+383%
Trading assets	$58.78M+18.8%	$49.46M-43.2%	$87.13M-49.3%	$171.83M+169%
Total current assets	$556.05M-0.5%	$558.66M+30.5%	$427.96M-19.4%	$531.08M+1.7%
Property and equipment, net	$27.78M-11.9%	$31.53M-23.4%	$41.18M-27.4%	$56.7M-14.9%
Accumulated depreciation	$143.24M+3.8%	$138.04M-19.8%	$172.1M+26.2%	$136.41M+41.3%
Operating lease right-of-use assets	$27.19M-10.6%	$30.4M-14.2%	$35.45M-11.0%	$39.84M-23.8%
Goodwill	$512.87M0.0%	$512.87M0.0%	$512.87M0.0%	$512.87M0.0%
Intangible assets, net	$78.38M-17.2%	$94.63M-22.2%	$121.57M-16.5%	$145.68M-10.3%
Other non-current assets	$14.1M+48.7%	$9.48M-22.3%	$12.21M-24.6%	$16.19M-26.8%
Equity method investments	$700K+133%	$300K+200%	$100K-50.0%	$200K—
Total investment securities	$64.38M—	——	——	——
Allowance for credit losses	$0—	$0—	$0—	$0—
Total assets	$1.28B-1.4%	$1.29B+7.8%	$1.2B-11.0%	$1.35B-2.6%
Accounts payable	$20.47M+119%	$9.35M-51.7%	$19.35M+92.5%	$10.06M-5.1%
Accrued expenses	$24.57M+34.7%	$18.24M+10.7%	$16.47M-20.6%	$20.75M+13.1%
Accrued compensation	$31.75M-3.6%	$32.95M+24.0%	$26.58M+13.3%	$23.46M-26.1%
Deferred revenue	$155M+12.6%	$137.7M+16.0%	$118.72M+1.1%	$117.47M+19.0%
Operating lease liabilities, current	$8.92M-13.7%	$10.33M-1.0%	$10.44M+10.9%	$9.41M+4.5%
Short-term borrowings	$303.37M+59.4%	$190.33M—	$0-100%	$10.9M—
Contract liabilities	$26.83M-1.7%	$27.28M+57.2%	$17.35M-20.0%	$21.69M-25.6%
Total current liabilities	$544.09M+36.4%	$398.9M+108%	$191.56M-0.2%	$192.04M+14.1%
Operating lease liabilities, non-current	$33.83M-11.8%	$38.35M-15.9%	$45.59M-14.0%	$52.99M-13.7%
Operating Lease Liabilities (Total)	$42.75M-12.2%	$48.67M-13.1%	$56.02M-10.2%	$62.4M-11.3%
Other non-current liabilities	$9.72M-6.1%	$10.36M+29.8%	$7.98M+29.0%	$6.19M+45.6%
Total liabilities	$614.47M-20.9%	$777M+3.2%	$752.95M-19.1%	$930.7M+14.2%
Preferred stock	$0—	$0—	$0—	$0—
Common stock	$6K0.0%	$6K0.0%	$6K0.0%	$6K0.0%
Additional paid-in capital	$1.28B+7.8%	$1.18B+10.1%	$1.08B+9.5%	$982.3M-7.7%
Retained earnings	-$612.22M+7.8%	-$664.23M-6.2%	-$625.69M-11.7%	-$560.31M-13.4%
Accumulated other comprehensive income (loss)	-$1.95M-4.3%	-$1.87M-68.6%	-$1.11M+62.6%	-$2.97M-2,101%
Total stockholders' equity	$661.81M+27.8%	$517.8M+15.5%	$448.48M+7.0%	$419.02M-26.5%
Total liabilities and stockholders' equity	$1.28B-1.4%	$1.29B+7.8%	$1.2B-11.0%	$1.35B-2.6%
Available-for-Sale Debt Securities - Amortized Cost	$64.32M-26.6%	$87.62M-7.3%	$94.52M-59.9%	$235.62M+124%
Available-for-Sale Debt Securities - Fair Value by Maturity	$64.38M-26.6%	$87.72M-6.9%	$94.23M-59.7%	$233.53M+123%
Available-for-Sale Debt Securities - Single Maturity Date	$64.38M-26.6%	$87.72M-6.9%	$94.23M-59.7%	$233.53M+123%
Available-for-Sale Debt Securities - Unrealized Loss Position (>=12 Months)	$1.5M+506%	$248K+16.4%	$213K-70.5%	$721K—
AFS and Trading Securities - Unrealized Loss Position (>=12 Months)	$1.5M+506%	$248K—	——	——
AFS and Trading Securities - Unrealized Loss Position (<12 Months) Fair Value	$2.73M-91.2%	$30.83M—	——	——
Available-for-Sale Debt Securities - Unrealized Loss Position (<12 Months)	$2.73M-91.2%	$30.83M+35,752%	$86K-93.8%	$1.39M+516%
AFS and Trading Securities - Unrealized Loss Position (>=12 Months) Fair Value	$1.5M+506%	$248K—	——	——
AFS and Trading Securities - Unrealized Loss Position (<12 Months) Fair Value	$2.73M-91.2%	$30.83M—	——	——
Allowance for Credit Losses on Contract Assets	$50K—	——	——	——
Allowance for Doubtful Accounts	$400K+33.3%	$300K-40.0%	$500K-28.6%	$700K+40.0%
Allowance for Doubtful Accounts Receivable (Current)	$400K+33.3%	$300K-40.0%	$500K-28.6%	$700K+40.0%
Cash, Cash Equivalents, and Marketable Securities	$64.38M-26.6%	$87.72M-6.9%	$94.23M-59.7%	$233.53M+123%
Deferred implementation costs, current portion	$10.51M+8.3%	$9.71M+11.0%	$8.74M+11.7%	$7.83M+6.9%
Deferred solution and other costs, current portion	$22.63M-15.0%	$26.61M—	——	——
Short- term Investments	$65.06M-26.1%	$88.07M-6.7%	$94.35M-59.6%	$233.75M+123%
Allowance for Credit Losses on Financing Receivables	$50K—	——	——	——
Trading Securities in Marketable Securities	$700K+133%	$300K—	——	——
Accumulated Goodwill Impairment Losses	——	——	——	——
Contract Assets, Non-Current	$14.1M+48.7%	$9.48M-22.3%	$12.21M-24.6%	$16.19M-26.8%
Deferred Tax Assets and Other Non-Current Assets	$3.15M+16.8%	$2.7M+3.3%	$2.61M+15.5%	$2.26M-2.1%
Equity Securities Without Readily Determinable Fair Value - Cumulative Downward Adjustments	$700K+133%	$300K—	——	——
Finite-Lived Intangible Assets - Expected Amortization Expense (Year One)	——	——	——	——
Finite Lived Intangible Assets - Gross	$221.62M-4.7%	$232.67M-20.8%	$293.67M+4.1%	$282.09M+8.9%
Investments - Amortized Cost Basis	$700K+133%	$300K-99.7%	$94.52M-59.9%	$235.62M+124%
Net Investment in Lease	$27.19M-10.6%	$30.4M-14.2%	$35.45M-11.0%	$39.84M-23.8%
Deferred implementation costs, net of current portion	$28.93M+9.5%	$26.41M+22.9%	$21.48M+14.8%	$18.71M+9.8%
Deferred solution and other costs, net of current portion	$27.83M-1.0%	$28.12M—	——	——
Intangible assets — net	$78.38M-17.2%	$94.63M-22.2%	$121.57M-16.5%	$145.68M-10.3%
Other intangible assets—net	$78.38M-17.2%	$94.63M-22.2%	$121.57M-16.5%	$145.68M-10.3%
Operating lease right-of-use assets	$27.19M-10.6%	$30.4M-14.2%	$35.45M-11.0%	$39.84M-23.8%
Other non-current assets	$3.15M+16.8%	$2.7M+3.3%	$2.61M+15.5%	$2.26M-2.1%
Operating Lease Right-of-Use Assets in Other Assets	$27.19M-10.6%	$30.4M-14.2%	$35.45M-11.0%	$39.84M-23.8%
Software and Technology Licenses, Net	$3.15M+16.8%	$2.7M+3.3%	$2.61M+15.5%	$2.26M-2.1%
Accrued Progress Collections and Price Adjustments	$26.83M-1.7%	$27.28M+57.2%	$17.35M-20.0%	$21.69M-25.6%
Other Commercial Liabilities	$24.57M+34.7%	$18.24M+10.7%	$16.47M-20.6%	$20.75M+13.1%
Accrued Liabilities, Current	$24.57M+34.7%	$18.24M+10.7%	$16.47M-20.6%	$20.75M+13.1%
Debt, current	$303.37M+59.4%	$190.33M—	$0-100%	$10.9M—
Lease Liability Payments - 2020 (Remaining Three Months)	——	——	——	——
Operating Lease Liability Payments - 2024 (Lessee)	——	——	——	——
Operating Lease Liability Payments - 2025 (Lessee)	——	——	——	——
Lease Liability Payments - Due Year Two	——	——	——	——
Lease Liability Payments - Due Year Three	——	——	——	——
Lease Liability Payments - Due Year Four	——	——	——	——
Lease Liability Payments - Remainder of Fiscal Year	——	——	——	——
Operating Lease Liability Payments Due	——	——	——	——
Operating Lease Liability - Undiscounted Excess Amount	——	——	——	——
Restructuring Reserve	$1.8M—	——	——	——
Contract Liabilities, Non-Current	$26.83M-1.7%	$27.28M+57.2%	$17.35M-20.0%	$21.69M-25.6%
Operating Lease Liability Payments - 2027 (Lessee)	——	——	——	——
Operating Lease Liability Payments - 2028 (Lessee)	——	——	——	——
Deferred revenue, net of current portion	$26.83M-1.7%	$27.28M+57.2%	$17.35M-20.0%	$21.69M-25.6%
Total debt	$346.12M+44.8%	$239M+327%	$56.02M-23.6%	$73.3M+4.2%
Unrecognized Tax Benefits	——	——	——	——
Unrecognized Tax Benefits - Impacting Effective Tax Rate	——	——	——	——
AFS and Trading Securities - Unrealized Loss Position (>=12 Months) Accumulated Loss	$0—	$0-100%	$213K-70.5%	$721K—
Common Stock Par Value Per Share	$0.000.0%	$0.000.0%	$0.000.0%	$0.000.0%
Common Stock Shares Issued	62.7M+3.3%	60.7M+2.9%	59M+2.2%	57.7M+1.4%
Convertible Preferred Stock Authorized Shares	5M0.0%	5M0.0%	5M0.0%	5M0.0%
Convertible Preferred Stock Issued Shares	0—	0—	0—	0—
Convertible Preferred Stock Outstanding Shares	0—	0—	0—	0—
Cumulative Gross Losses and Impairments	——	——	——	——
Preferred Stock Par Value Per Share	$0.000.0%	$0.000.0%	$0.000.0%	$0.000.0%
Share Repurchase Authorization Limit	——	——	——	——
Share Repurchase Program - Amount Remaining	——	——	——	——
Unrealized Gains on Investments	$64K-56.2%	$146K+4,767%	$3K-81.3%	$16K+433%
Unrealized Losses on Investments (Before Tax)	$3K-93.9%	$49K-83.6%	$299K-85.8%	$2.11M+835%
Cumulative Cost Basis	$64.32M-26.6%	$87.62M-7.3%	$94.52M-59.9%	$235.62M+124%
Deferred Revenue Timing Percentage	——	——	——	——
Accounts Receivable, Allowance for Credit Loss	$400K+33.3%	$300K-40.0%	$500K-28.6%	$700K+40.0%
Debt Securities, Available-for-Sale, Accumulated Gross Unrealized Loss, before Tax	$3K-93.9%	$49K-83.6%	$299K-85.8%	$2.11M+835%
Gross Unrealized Gains	$64K-56.2%	$146K+4,767%	$3K-81.3%	$16K+433%
Total	$64.32M-26.6%	$87.62M-7.3%	$94.52M-59.9%	$235.62M+124%
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One	$58.78M+18.8%	$49.46M-43.2%	$87.13M-49.3%	$171.83M+169%
Available for sale investments	$64.38M-26.6%	$87.72M-6.9%	$94.23M-59.7%	$233.53M+123%
Common stock, par value (in dollars per share)	$00.0%	$00.0%	$00.0%	$00.0%
Common stock, shares authorized (in shares)	$150M0.0%	$150M0.0%	$150M0.0%	$150M0.0%
Common stock, shares issued (in shares)	$62.74M+3.3%	$60.73M+2.9%	$59.03M+2.2%	$57.74M+1.4%
Common Stock, Shares, Outstanding	$62.74M+3.3%	$60.73M+2.9%	$59.03M+2.2%	$57.74M+1.4%
Other Contractual Commitments	——	——	——	——
Other Contractual Commitments - Remainder of Fiscal Year 2024	——	——	——	——
Contractual Obligation, to be Paid, Year Four	——	——	——	——
Contractual Obligation, to be Paid, Year Two	——	——	——	——
Contractual Obligation, to be Paid, Year Three	——	——	——	——
Contractual Obligation, to be Paid, Remainder of Fiscal Year	——	——	——	——
Thereafter	——	——	——	——
Debt Securities, Available-for-Sale, Allowance for Credit Loss	$0—	$0—	$0—	$0—
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	$0—	$0-100%	$213K-70.5%	$721K—
Less than 12 months	$2.73M-91.2%	$30.83M—	——	——
12 months or more	$1.5M+506%	$248K—	——	——
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	$3K-93.9%	$49K-43.0%	$86K-93.8%	$1.39M+516%
Due after one year through two years	$5.6M-85.4%	$38.26M+439%	$7.1M—	——
Trading securities, cost	$700K+133%	$300K—	——	——
Thereafter	——	——	——	——
Finite-Lived Intangible Assets, Accumulated Amortization	$143.24M+3.8%	$138.04M-19.8%	$172.1M+26.2%	$136.41M+41.3%
2028	——	——	——	——
2030	——	——	——	——
Remainder of 2026	——	——	——	——
2027	——	——	——	——
2029	——	——	——	——
Gross Carrying Amount	$221.62M-4.7%	$232.67M-20.8%	$293.67M+4.1%	$282.09M+8.9%
Goodwill accumulated impairment losses	——	——	——	——
Investments Fair Value Disclosure	$64.38M—	——	——	——
Lease renewal reasonably certain, liability	——	——	——	——
Lessee Operating Lease Liability Payments Due	——	——	——	——
Thereafter	——	——	——	——
Lessee Operating Lease Liability Undiscounted Excess Amount	——	——	——	——
Preferred Stock, Par or Stated Value Per Share	$00.0%	$00.0%	$00.0%	$00.0%
Preferred Stock, Shares Authorized	$5M0.0%	$5M0.0%	$5M0.0%	$5M0.0%
Preferred Stock, Shares Issued	$0—	$0—	$0—	$0—
Preferred Stock, Shares Outstanding	$0—	$0—	$0—	$0—
Restructuring Reserve	$1.8M—	——	——	——
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied	——	——	——	——
Share Repurchase Program, Authorized, Amount	$150M—	——	——	——
Share Repurchase Program, Remaining Authorized, Amount	——	——	——	——
Unrecognized tax benefits	——	——	——	——
Amount that if recognized, would affect the effective tax rate or regulatory liability	——	——	——	——
Unrecorded Unconditional Purchase Obligation	——	——	——	——
Purchase Obligation	——	——	——	——
Remainder of Fiscal Year 2024	——	——	——	——
Remainder of Fiscal Year 2025	——	——	——	——
Unrecorded Unconditional Purchase Obligation	——	——	——	——

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Questions, answered.

Can Q2 Holdings cover its short-term obligations?: Its current ratio is 0.93 — current liabilities exceed current assets.
Where does Q2 Holdings's balance sheet data come from?: Every line is extracted from Q2 Holdings's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.