What are Q2 Holdings's profit margins?

Gross margin is 55.6% and operating margin is 8.0%, with a 9.0% net margin.

Where does Q2 Holdings's income statement 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 Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Total revenue	$794.81M+14.1%	$696.46M+11.5%	$624.62M+10.4%	$565.67M+13.4%
Total cost of revenue	$365.13M+6.8%	$341.98M+6.2%	$321.97M+4.1%	$309.33M+13.0%
Gross profit	$429.68M+21.2%	$354.48M+17.1%	$302.65M+18.1%	$256.35M+13.9%
Gross margin	54.1%+3.2pp	50.9%+2.4pp	48.5%+3.1pp	45.3%+0.2pp
Research and development	$154.33M+7.7%	$143.24M+4.3%	$137.33M+5.6%	$130.1M+11.2%
Selling and marketing	$105.86M-0.1%	$105.95M-3.3%	$109.52M+1.2%	$108.21M+26.5%
General and administrative	$125.51M+2.1%	$122.94M+11.6%	$110.19M+22.2%	$90.16M+15.7%
Compensation and benefits	$86.95M-2.5%	$89.22M+12.7%	$79.19M+21.5%	$65.16M+16.6%
Depreciation and amortization	$53.42M-22.4%	$68.81M-4.0%	$71.71M+16.3%	$61.66M+12.4%
Provision for credit losses	$0—	$0—	$0—	——
Goodwill impairment	$0—	$0—	$0—	$0—
Acquisition and integration costs	——	$0-100%	$24K-98.0%	$1.18M-56.3%
Other operating expenses	$389.79M-1.8%	$396.74M+2.1%	$388.71M+7.6%	$361.11M+19.2%
Total operating expenses	$389.79M-1.8%	$396.74M+2.1%	$388.71M+7.6%	$361.11M+19.2%
Operating income	$39.9M+194%	-$42.26M+50.9%	-$86.06M+17.9%	-$104.76M-34.3%
Operating margin	5%+11.1pp	-6.1%+7.7pp	-13.8%+4.7pp	-18.5%-2.9pp
Interest expense	——	$4.74M+2.2%	$4.64M+60.4%	$2.89M-6.9%
Interest income	$20.24M+23.8%	$16.34M+61.8%	$10.1M+88.3%	$5.36M+263%
Other income (expense), net	$14.83M+30.0%	$11.4M-52.9%	$24.24M—	——
Income before income taxes	$54.73M+267%	-$32.8M+47.0%	-$61.82M+41.7%	-$106.08M+4.5%
Income tax expense	$2.72M-64.6%	$7.68M+115%	$3.56M+22.5%	$2.91M+77.0%
Net income	$52.01M+234%	-$38.7M+40.8%	-$65.38M+40.0%	-$108.98M+3.3%
Net margin	6.5%+12.1pp	-5.6%+4.9pp	-10.5%+8.8pp	-19.3%+3.3pp
Diluted earnings per share	$0.79+222%	-$0.65+42.5%	-$1.13+40.2%	-$1.89+5.5%
Basic earnings per share	$0.84+229%	-$0.65+42.5%	-$1.13+40.2%	-$1.89+5.5%
Weighted-average shares, diluted	269.4M+12.3%	240M+3.0%	233M+1.8%	228.9M+1.7%
Weighted-average shares, basic	248.2M+3.4%	240M+3.0%	233M+1.8%	228.9M+1.7%
Lease and other restructuring charges	$3.83M-49.8%	$7.63M-30.5%	$10.98M-16.9%	$13.2M—
Impairment of strategic investments	——	——	——	——
Interest and Other Expense, Nonoperating	$5.41M+9.5%	$4.94M-13.8%	$5.73M-14.1%	$6.68M-79.8%
Adjusted Net Income (Loss) Attributable to Parent	——	——	——	——
Pre-tax stock-based compensation cost	$86.95M-2.5%	$89.22M+12.7%	$79.19M+21.5%	$65.16M+19.9%
Accounts Receivable, Allowance for Credit Loss, Writeoff	$0—	$0-100%	$300K—	——
Amortization Of Financing Costs	$2.11M+2.5%	$2.06M-2.1%	$2.1M-22.6%	$2.72M+33.4%
Amortization of capitalized software and acquired intangible assets	$93K-99.5%	$16.98M-17.8%	$20.67M+13.3%	$18.25M+1.9%
Stock options excluded as their inclusion would be anti-dilutive (in shares)	9.7M-75.5%	39.8M—	——	——
Capital investments accrued but not yet paid	——	——	——	——
Capitalized Computer Software, Additions	$23.2M-7.9%	$25.2M-8.7%	$27.6M—	——
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation	——	$127.16M+301%	$31.73M+124%	-$130.52M—
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$51.93M+232%	-$39.3M+38.1%	-$63.52M+43.2%	-$111.82M+0.9%
Writeoffs, contract balances	——	$0—	——	——
Contract With Customer Asset Credit Loss Expense	——	$0—	——	——
Revenue recognized that was included in deferred income at the beginning of the period	$134.6M+13.4%	$118.7M+1.5%	$117M+21.4%	$96.4M+29.4%
Federal	$0—	$0—	$0—	$0—
Foreign	$1.13M-47.7%	$2.15M+8.9%	$1.98M+106%	$959K0.0%
Impairment for credit losses	——	$0—	$0—	$0—
Federal	$433K-69.7%	$1.43M+240%	$420K0.0%	$420K+0.2%
Deferred Foreign Income Tax Expense Benefit	-$116K-142%	$276K+210%	-$251K+29.3%	-$355K-180%
Deferred taxes	$930K-62.8%	$2.5M+170%	$926K+36.0%	$681K+26.1%
Deferred and other income taxes	——	$2.11M+231%	$636K-61.0%	$1.63M—
State	$613K-23.1%	$797K+5.3%	$757K+22.9%	$616K+91.3%
Defined Benefit Plan, Net Periodic Benefit Cost (Credit)	$600K—	——	——	——
Defined contribution plan costs	$7.7M-1.3%	$7.8M0.0%	$7.8M+8.3%	$7.2M—
Defined Contribution Plan Employer Matching Contribution Percent Of Match	——	——	——	——
Percentage match of employee contributions (in percent)	——	——	——	——
Depreciation	$14.4M-13.3%	$16.6M-16.6%	$19.9M+12.4%	$17.7M+13.5%
Effect of exchange rate changes on cash, cash equivalents and restricted cash	——	——	$182K—	——
Effective tax rates	——	-$0.62-392%	-$0.13—	——
Income taxes at U.S. statutory rate of 21%	——	——	——	——
Capitalized R&D	$1.27M—	$0—	$0—	——
Capitalized R&D	——	——	——	——
Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate	——	——	——	——
Global Intangible Low-taxed Income, net of credits	$0-100%	$605K+136%	-$1.69M—	——
Global Intangible Low-taxed Income, net of credits	——	——	——	——
NOL adjustment	$0—	$0-100%	$8.17M—	——
NOL adjustment	——	——	——	——
Other	$0+433%	-$0+60.0%	-$0-50.0%	-$0+77.8%
Share-based compensation	——	——	——	——
Effective Income Tax Rate Reconciliation Other Reconciling Items Percent	——	——	——	——
Effective Income Tax Rate Reconciliation Prior Year Income Taxes	——	——	——	——
Excess tax benefits associated with employee equity plans (in percent)	——	——	——	——
Excess tax benefits associated with employee equity plans	$141K-71.7%	$499K-48.2%	$963K—	——
State income taxes – net of federal income tax benefit	——	——	——	——
Changes in unrecognized tax benefits	——	——	——	——
Effective Income Tax Rate Reconciliation Tax Credits Research	——	——	——	——
Withholding taxes	-$832K-322%	$375K—	$0—	——
Withholding taxes	——	——	——	——
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount	$3.1M-39.2%	$5.1M-3.8%	$5.3M+35.9%	$3.9M+144%
Goodwill impairment losses	$0—	$0—	$0—	$0—
Combined federal and blended state rate (in percent)	99.6%—	——	——	——
Federal taxes	$259K—	$0—	$0—	——
Income Tax Reconciliation Change In Enacted Tax Rate	$82K—	$0—	$0—	——
Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount	$11.49M+277%	-$6.48M+50.1%	-$12.98M—	——
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Other, Amount	$221K+482%	$38K-79.5%	$185K—	——
Share-based compensation	$2.12M-69.1%	$6.84M-32.1%	$10.07M—	——
Income Tax Reconciliation Prior Year Income Taxes	-$1.25M-134%	-$531K—	$0—	——
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount	$59K-98.2%	$3.36M+141%	$1.39M—	——
Changes in unrecognized tax benefits	$3M+697%	$376K+246%	-$257K—	——
Effective Income Tax Rate Reconciliation, Tax Credit, Research, Amount	$13.41M—	$0—	$0—	——
Accounts payable	$8.58M—	——	$9.35M—	——
Increase (Decrease) in Accounts Receivable	——	-$906K—	——	——
Accrued liabilities	$1.85M-69.0%	$5.97M—	——	——
Increase (Decrease) in Contract with Customer, Asset	——	-$4.1M-11.1%	-$3.69M—	——
Increase (decrease) in contract liabilities and current deferred income	——	——	——	$10.21M—
Increase (decrease) in other assets	-$5.25M+28.0%	-$7.28M-27.4%	-$5.71M+21.9%	-$7.31M+6.9%
Other liabilities	-$9.91M-19.5%	-$8.3M+28.9%	-$11.66M-56.3%	-$7.46M+29.6%
Increase (Decrease) in Prepaid Expense and Other Assets	$3.34M—	——	——	——
Increase (Decrease) in Deferred Implementation Costs	$18.16M+2.8%	$17.66M+18.1%	$14.95M+22.1%	$12.24M-4.7%
Increase (Decrease) in Deferred Solution and Other Costs	——	——	$17.92M+136%	$7.6M-44.8%
Incremental Common Shares Attributable To Conversion Of Debt Securities	——	——	——	——
Shares issuable pursuant to the ESPP (in shares)	20K—	——	——	——
Add - Incremental shares under stock-based compensation plans (in shares)	——	$0—	$0—	——
Interest income and other, net	$20.24M+23.8%	$16.34M+61.8%	$10.1M+88.3%	$5.36M—
Debt	——	$2.68M+5.9%	$2.53M—	——
(Amortization) accretion on investments	$1.1M-13.7%	$1.27M-60.1%	$3.19M+957%	$302K+127%
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation	-$188.97M-1,425%	$14.26M—	——	$5.88M—
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation	——	-$21.08M—	——	-$165.56M-154%
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation	$201.46M+48.4%	$135.75M+93.1%	$70.29M+92.3%	$36.56M+17.6%
Number of operating segments	——	1—	——	——
Number of buildings occupied	——	——	——	——
Lease restructuring and impairments	-$43K-103%	$1.67M-59.0%	$4.08M—	——
Other Amortization Of Deferred Charges	$30.09M+11.3%	$27.04M+4.6%	$25.85M+11.1%	$23.27M-5.0%
Foreign currency translation	-$44K+96.2%	-$1.15M-1,992%	$61K—	——
Net unrealized gains (losses) on securities still held	-$36K—	——	$1.8M—	——
Other Noncash Income (Expense)	-$696K-242%	$490K—	——	-$250K—
Payments for Repurchase of Common Stock	——	$0—	$0—	——
Payments for Restructuring	$800K—	——	——	——
Payments for Software	$21.28M-4.7%	$22.34M-10.5%	$24.97M+32.0%	$18.91M+222%
Payments to Acquire Debt Securities, Available-for-Sale	$94.1M-1.8%	$95.79M+24.6%	$76.87M-73.8%	$292.98M+136%
Payments to Acquire Property, Plant, and Equipment	$6.81M+1.8%	$6.69M+18.0%	$5.67M-49.1%	$11.14M-43.6%
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-Sale	$118.17M+13.9%	$103.74M-53.0%	$220.78M+35.8%	$162.52M+8.9%
Cash received from option exercises	$7.03M-50.7%	$14.26M+69.8%	$8.4M+42.8%	$5.88M-0.2%
Net additions (releases) charged to costs and expenses	$0—	$0-100%	$100K—	——
Revenue From Contract With Customer Excluding Assessed Tax	$794.81M+14.1%	$696.46M+11.5%	$624.62M+10.4%	$565.67M+13.4%
Interest expense, net of tax	——	——	——	——
Right-of-use asset obtained in exchange for operating lease liability, excluding lease modifications	$3.3M—	——	——	——
Stock-based compensation	$86.95M-2.5%	$89.22M+12.7%	$79.19M+21.5%	$65.16M+16.6%
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Expirations in Period	——	——	——	——
Intrinsic value of stock options exercised	$500K-66.7%	$1.5M+275%	$400K-33.3%	$600K-97.7%
Options forfeited/expired (in dollars per share)	——	——	——	——
Stock-based compensation for capitalized software development	$1.91M-33.7%	$2.88M-8.5%	$3.15M+31.4%	$2.4M—
Shares repurchased (in shares)	——	——	——	——
Value of shares repurchased	$5M—	——	——	——
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions	$1.44M+325%	$338K+33.6%	$253K-4.2%	$264K—
Additions for tax positions of prior years	$1.56M+3,997%	$38K—	——	——
Increase (decrease) in amount of unrecognized tax benefits	——	——	——	——
EBIT	$39.9M+194%	-$42.26M+50.9%	-$86.06M+17.9%	-$104.76M-34.3%
EBITDA	$93.32M+252%	$26.55M+285%	-$14.35M+66.7%	-$43.1M-86.1%
EBITDA	$93.32M+252%	$26.55M+285%	-$14.35M+66.7%	-$43.1M-86.1%
EBITDA margin	11.7%+7.9pp	3.8%+6.1pp	-2.3%+5.3pp	-7.6%-3.0pp
EBIT	$39.9M+194%	-$42.26M+50.9%	-$86.06M+17.9%	-$104.76M-34.3%

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Questions, answered.

What are Q2 Holdings's profit margins?: Gross margin is 55.6% and operating margin is 8.0%, with a 9.0% net margin.
Where does Q2 Holdings's income statement 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.