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Q2 Holdings QTWO Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount

Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount at other companies

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The BancorpTBBK
$2.44M-18.8%

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$2.82B-39.3%

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:IncomeTaxReconciliationStateAndLocalIncomeTaxes.

The official record: Q2 Holdings’s 10-K, filed February 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Q2 Holdings's effective income tax rate reconciliation, state and local income taxes, amount?
Q2 Holdings (QTWO) reported effective income tax rate reconciliation, state and local income taxes, amount of $14.75K in Q4 2025.
How has Q2 Holdings's effective income tax rate reconciliation, state and local income taxes, amount changed year-over-year?
Q2 Holdings's effective income tax rate reconciliation, state and local income taxes, amount decreased by 98.2% year-over-year, from $839K to $14.75K.
What is the long-term trend for Q2 Holdings's effective income tax rate reconciliation, state and local income taxes, amount?
Over 2 years (2023 to 2025), Q2 Holdings's effective income tax rate reconciliation, state and local income taxes, amount has grown at a -79.4% compound annual growth rate (CAGR), from $1.39M to $59K.
What does effective income tax rate reconciliation, state and local income taxes, amount mean?
The dollar impact of state and local income taxes on the total tax provision, reconciled against the federal statutory rate. It highlights the geographic tax burden imposed on the company's operations across various states.