← Q2 Holdings, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | ($36.4m) |
($26.2m)
+28.03%
|
($35.4m)
-35.29%
|
($70.9m)
-100.23%
|
($137.6m)
-94.17%
|
($112.7m)
+18.07%
|
($109.0m)
+3.34%
|
($65.4m)
+40.01%
|
($38.5m)
+41.06%
|
$52.0m
+234.96%
|
— | |
| Depreciation, Depletion and Amortization | $12.2m | $14.9m | $16.8m | $28.5m | $51.8m | $54.8m | $61.7m | $71.7m | $68.8m | $53.4m | $50.0m | |
| Amortization of Debt Issuance Costs | $96k | $28k | $829k | $1.5m | $2.0m | $2.0m | $2.7m | $2.1m | $2.1m | $2.1m | — | |
| Amortization of Intangible Assets | $1.5m | $1.5m | $1.8m | $6.3m | $17.9m | $17.9m | $18.2m | $20.7m | $17.0m | $93k | — | |
| Capitalized Computer Software, Amortization | — | $500k | $800k | — | — | — | — | — | — | — | — | |
| Depreciation | $12.2m | $14.9m | $16.8m | $28.5m | $51.8m | $54.8m | $17.7m | $19.9m | $16.6m | $14.4m | $50.0m | |
| Deferred Income Tax Expense (Benefit) | $282k | ($350k) | ($4.0m) | ($13.5m) | $1.3m | $540k | $681k | $926k | $2.5m | $930k | $2.5m | |
| Share-based Payment Arrangement, Noncash Expense | $12.6m | $20.9m | $29.5m | $40.5m | $50.7m | $55.9m | $65.2m | $79.2m | $89.2m | $86.9m | $84.3m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $376k | $438k | $395k | $941k | $966k | $200k | $0 | $0 | — | — | — | |
| Share-based Payment Arrangement, Expense | — | — | $29.2m | $39.4m | $49.2m | $54.3m | $65.2m | $79.2m | $89.2m | $86.9m | $84.3m | |
| Equity Method Investment, Other than Temporary Impairment | — | — | — | — | — | — | $0 | — | $0 | $0 | — | |
| Goodwill, Impairment Loss | — | $0 | $0 | $0 | $0 | — | $0 | $0 | $0 | $0 | ($43k) | |
| Impairment of Intangible Assets (Excluding Goodwill) | $20k | $0 | $17k | $6k | $0 | $0 | — | — | — | — | — | |
| Operating Lease, Impairment Loss | — | — | — | — | — | — | — | $4.1m | $1.7m | $500k | — | |
| Nonoperating Income (Expense) | ($209k) | $429k | ($7.3m) | ($16.6m) | ($36.4m) | ($33.1m) | ($1.3m) | $24.2m | $11.4m | $14.8m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $3.2m | $961k | $4.7m | ($372k) | $14.6m | $10.1m | ($286k) | ($4.1m) | ($906k) | $9.9m | ($16.3m) | |
| Accounts Receivable, Credit Loss Expense (Reversal) | — | — | — | — | $1.0m | $100k | $600k | $100k | $0 | $0 | ($16.3m) | |
| Increase (Decrease) in Accounts Payable | $426k | $3.4m | ($263k) | $1.1m | ($2.3m) | $1.8m | ($548k) | $9.4m | ($9.8m) | $8.6m | $11.5m | |
| Purchases of property and equipment, accrued but unpaid | $14.3m | $12.3m | $13.3m | $13.9m | $23.7m | $19.8m | $11.1m | $5.7m | $6.7m | $6.8m | ($37.2m) | |
| Net Cash Provided by (Used in) Operating Activities | $3.4m |
$9.5m
+179.08%
|
$4.6m
-51.49%
|
$567k
-87.66%
|
($2.9m)
-609.70%
|
$30.9m
+1170.07%
|
$36.6m
+18.21%
|
$70.3m
+92.29%
|
$135.8m
+93.12%
|
$201.5m
+48.40%
|
$226.3m
+12.31%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $14.3m | $12.3m | $13.3m | $13.9m | $23.7m | $19.8m | $11.1m | $5.7m | $6.7m | $6.8m | ($37.2m) | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | — | — | — | — | ($17k) | — | — | — | — | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | — | — | $48.4m | $64.0m | $31.8m | $149.2m | $162.5m | $220.8m | $103.7m | $118.2m | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $95k | $3.8m | $130.7m | $505.6m | $0 | $64.7m | $5.0m | $0 | $0 | — | $0 | |
| Net Cash Provided by (Used in) Investing Activities | ($16.5m) | ($17.9m) | ($171.3m) | ($483.3m) | ($124.2m) | ($65.1m) | ($165.6m) | $113.3m | ($21.1m) | ($4.0m) | $74.4m | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | ($8.9m) | ($1.5m) | $0 | $19.9m | $0 | $0 | — | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | — | — | — | — | $5.0m | — | |
| Proceeds from Issuance of Common Stock | — | — | — | $195.3m | $311.3m | $0 | $0 | — | — | — | $0 | |
| Net Cash Provided by (Used in) Financing Activities | $944k |
$11.6m
+1124.47%
|
$216.6m
+1773.67%
|
$476.1m
+119.83%
|
$434.7m
-8.70%
|
($51.2m)
-111.77%
|
$5.9m
+111.50%
|
($152.0m)
-2684.36%
|
$13.3m
+108.76%
|
($189.0m)
-1519.03%
|
($613.6m)
-224.73%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | ($6.6m) | $307.6m | ($85.4m) | ($123.9m) | $31.7m | $127.2m | $8.5m | $103.1m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $110.2m | $103.6m | $411.2m | $325.8m | $201.9m | $233.6m | $360.8m | $369.3m | $103.1m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | $48k | ($167k) | ($802k) | $182k | ($827k) | $49k | ($936k) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Proceeds from Stock Options Exercised | $6.0m | $11.6m | $12.7m | $14.6m | $13.3m | $5.9m | $5.9m | $8.4m | $14.3m | $7.0m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $217k | $68k | $810k | $2.9m | $4.1m | $3.1m | $2.9m | $2.7m | $2.7m | $2.8m | — | |
| Income Taxes Paid, Net | — | — | — | ($1k) | $566k | $1.0m | $875k | $2.6m | $5.9m | $3.8m | — | |
| Noncash investing and financing activities: | ||||||||||||
| Additional Financial Items | ||||||||||||
| Gain (Loss) on Disposition of Assets | ($184k) | ($33k) | ($19k) | ($287k) | ($151k) | ($389k) | ($109k) | ($55k) | — | — | — | |
| Gain (Loss) Related to Litigation Settlement | — | — | — | — | — | $800k | $700k | — | — | — | — | |
| General and Administrative Expense | $32.0m | $37.2m | $45.0m | $56.7m | $70.9m | $77.9m | $90.2m | $110.2m | $122.9m | $125.5m | — | |
| Goodwill | $12.9m | $12.9m | $107.9m | $462.0m | $462.3m | $512.9m | $512.9m | $512.9m | $512.9m | $512.9m | ($43k) | |
| Income Tax Expense (Benefit) | $427k | ($314k) | ($3.8m) | ($12.5m) | $1.4m | $1.6m | $2.9m | $3.6m | $7.7m | $2.7m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | — | $4.9m | — | |
| Operating Expenses | $108.5m | $121.4m | $151.1m | $219.7m | $274.4m | $303.0m | $361.1m | $388.7m | $396.7m | $389.8m | — | |
| Operating Lease, Expense | — | — | — | $5.3m | $6.6m | $7.4m | $7.3m | $5.3m | $5.7m | $6.0m | — | |
| Payments for Repurchase of Warrants | — | — | — | — | $137.5m | $19.7m | $0 | $0 | — | — | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | $200k | $40k | $200k | $0 | $0 | — | — | |
| Realized Investment Gains (Losses) | — | — | — | — | — | — | — | ($482k) | — | — | — |