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Q2 Holdings QTWO Revenue recognized that was included in deferred income at the beginning of the period

Revenue recognized that was included in deferred income at the beginning of the period at other companies

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ExlService HoldingsEXLS

Other financials

Income statement

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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

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Market cap$2.71B-39.3%
Enterprise value$2.83B-35.4%
P/E36.7×
P/S3.3×-2.9×

Profitability

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

Returns & leverage

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

Where this comes from

Reported directly by Q2 Holdings in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityRevenueRecognized.

The official record: Q2 Holdings’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Q2 Holdings's revenue recognized that was included in deferred income at the beginning of the period?
Q2 Holdings (QTWO) reported revenue recognized that was included in deferred income at the beginning of the period of $76.8M in Q1 2026.
How has Q2 Holdings's revenue recognized that was included in deferred income at the beginning of the period changed year-over-year?
Q2 Holdings's revenue recognized that was included in deferred income at the beginning of the period increased by 17.4% year-over-year, from $65.4M to $76.8M.
What is the long-term trend for Q2 Holdings's revenue recognized that was included in deferred income at the beginning of the period?
Over 4 years (2021 to 2025), Q2 Holdings's revenue recognized that was included in deferred income at the beginning of the period has grown at a 15.9% compound annual growth rate (CAGR), from $74.5M to $134.6M.
What does revenue recognized that was included in deferred income at the beginning of the period mean?
Reflects the portion of revenue recognized during the reporting period that was previously recorded as deferred revenue or contract liabilities at the start of the period. This indicates the speed at which the company fulfills its performance obligations for services or products that customers have already paid for in advance.