What are Q2 Holdings's profit margins?

Q2 Holdings (QTWO) runs a 55.6% gross margin and a 8.0% operating margin, with a 9.0% net margin.

Where do Q2 Holdings's ratios come from?

Every ratio is computed from Q2 Holdings's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Q2 Holdings QTWO Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Gross margin	55.6%+1.5pp	54.1%+0.7pp	53.4%+0.7pp	52.6%+0.8pp	51.8%+0.9pp
Operating margin	8%+2.9pp	5%+2.2pp	2.8%+3.1pp	-0.3%+3.3pp	-3.6%+2.5pp
Net margin	9%+2.5pp	6.5%+2.4pp	4.1%+3.5pp	0.6%+3.4pp	-2.8%+2.8pp
Returns
Return on equity	12.8%+4.0pp	8.8%+3.2pp	5.6%+4.8pp	0.9%+4.9pp	-4%+4.0pp
Return on invested capital	10.3%+3.9pp	6.3%+2.5pp	3.9%+4.1pp	-0.2%+7.2pp	-7.5%+4.0pp
Efficiency
Asset turnover	0.6×0.0×	0.6×0.0×	0.6×0.0×	0.6×0.0×	0.6×0.0×
Liquidity
Current ratio	0.9×-0.1×	1×+0.1×	1×+0.1×	0.9×-0.5×	1.4×0.0×
Leverage
Debt-to-equity	0.6×0.0×	0.5×-0.3×	0.9×-0.1×	0.9×+0.5×	0.4×0.0×
Net debt / EBITDA	1.1×+0.3×	0.8×-0.9×	1.6×-1.1×	2.8×+5.2×	-2.4×—
Per Share
Book value per share	$9.04-11.0%	$10.16+14.0%	$8.92+6.3%	$8.39-0.3%	$8.42-2.3%
Valuation
Market capitalization	$2.95B-34.6%	$4.51B-0.2%	$4.52B-23.8%	$5.94B+22.2%	$4.86B-20.1%
Price / earnings	39.9×—	——	——	——	——
Price / sales	3.6×-2.1×	5.7×-0.2×	5.9×-2.1×	8×+1.2×	6.7×-2.0×
Price / book	4.8×-2.0×	6.8×-0.4×	7.3×-2.9×	10.2×+1.3×	8.9×-2.8×
EV / EBITDA	26.3×-22.8×	49.1×-10.2×	59.3×-44.8×	104.1×-17.6×	121.8×—

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Questions, answered.

What are Q2 Holdings's profit margins?: Q2 Holdings (QTWO) runs a 55.6% gross margin and a 8.0% operating margin, with a 9.0% net margin.
Where do Q2 Holdings's ratios come from?: Every ratio is computed from Q2 Holdings's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.