← 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $150.2m |
$194.0m
+29.13%
|
$241.1m
+24.29%
|
$315.5m
+30.85%
|
$402.8m
+27.66%
|
$498.7m
+23.83%
|
$565.7m
+13.42%
|
$624.6m
+10.42%
|
$696.5m
+11.50%
|
$794.8m
+14.12%
|
$846.2m
+6.47%
|
|
| Cost of Revenue | $77.4m |
$99.5m
+28.49%
|
$121.9m
+22.49%
|
$162.5m
+33.34%
|
$228.2m
+40.41%
|
$273.7m
+19.96%
|
$309.3m
+13.02%
|
$322.0m
+4.09%
|
$342.0m
+6.21%
|
$365.1m
+6.77%
|
$364.0m
-0.32%
|
|
| Gross Profit | $72.8m |
$94.5m
+29.81%
|
$119.2m
+26.19%
|
$153.0m
+28.31%
|
$174.6m
+14.12%
|
$225.0m
+28.89%
|
$256.3m
+13.91%
|
$302.7m
+18.06%
|
$354.5m
+17.13%
|
$429.7m
+21.21%
|
$482.2m
+12.23%
|
|
| Research and Development Expense | $32.5m | $40.3m | $51.3m | $76.3m | $97.4m | $117.0m | $130.1m | $137.3m | $143.2m | $154.3m | $162.6m | |
| Selling and Marketing Expense | $36.3m | $41.2m | $48.1m | $63.9m | $72.3m | $85.6m | $108.2m | $109.5m | $106.0m | $105.9m | $231.4m | |
| General and Administrative Expense | $32.0m | $37.2m | $45.0m | $56.7m | $70.9m | $77.9m | $90.2m | $110.2m | $122.9m | $125.5m | $127.4m | |
| Amortization of Intangible Assets | $1.5m | $1.5m | $1.8m | $6.3m | $17.9m | $17.9m | $18.2m | $20.7m | $17.0m | $93k | — | |
| Operating Lease, Expense | — | — | — | $5.3m | $6.6m | $7.4m | $7.3m | $5.3m | $5.7m | $6.0m | — | |
| Operating Expenses | $108.5m | $121.4m | $151.1m | $219.7m | $274.4m | $303.0m | $361.1m | $388.7m | $396.7m | $389.8m | $393.9m | |
| Operating Income (Loss) | ($35.7m) |
($26.9m)
+24.67%
|
($31.9m)
-18.37%
|
($66.7m)
-109.56%
|
($99.8m)
-49.57%
|
($78.0m)
+21.87%
|
($104.8m)
-34.32%
|
($86.1m)
+17.85%
|
($42.3m)
+50.89%
|
$39.9m
+194.40%
|
$88.3m
+121.36%
|
|
| Interest Expense, Debt | — | — | — | — | — | — | — | — | — | $2.8m | $4.8m | |
| Interest Income, Other | $358k | $553k | $2.8m | $3.7m | $1.2m | $1.5m | $5.4m | $10.1m | $16.3m | $20.2m | $17.3m | |
| Gain (Loss) Related to Litigation Settlement | — | — | — | — | — | $800k | $700k | — | — | — | — | |
| Other income (expense): | ||||||||||||
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | — | $4.9m | $4.8m | |
| Interest and Other Income | $358k | $553k | $2.8m | $3.7m | $1.2m | $1.5m | $5.4m | $10.1m | $16.3m | $20.2m | — | |
| Nonoperating Income (Expense) | ($209k) | $429k | ($7.3m) | ($16.6m) | ($36.4m) | ($33.1m) | ($1.3m) | $24.2m | $11.4m | $14.8m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($35.9m) | ($26.5m) | ($39.2m) | ($83.4m) | ($136.2m) | ($111.1m) | ($106.1m) | ($61.8m) | ($30.9m) | $54.7m | $97.5m | |
| Current Income Tax Expense (Benefit) | $145k | $36k | $152k | $1.0m | $136k | $1.1m | $2.2m | $2.6m | $5.2m | $1.8m | $5.5m | |
| Income Tax Expense (Benefit) | $427k | ($314k) | ($3.8m) | ($12.5m) | $1.4m | $1.6m | $2.9m | $3.6m | $7.7m | $2.7m | $5.5m | |
| 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%
|
$92.0m
+76.87%
|
|
| Earnings Per Share, Basic | — | — | — | ($1.53) | ($2.65) | ($2.00) | ($1.90) | ($1.12) | ($0.64) | $0.84 | $1.48 | |
| Earnings Per Share, Diluted | ($0.92) | ($0.63) | ($0.83) | ($1.53) | ($2.65) | ($2.00) | ($1.90) | ($1.12) | ($0.64) | $0.80 | $1.42 | |
| Weighted Average Number of Shares Outstanding, Basic | — | — | — | — | — | 56.4m | 57.3m | 58.4m | 60.1m | 62.2m | 62.5m | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | — | — | — | 56.4m | 57.3m | 58.4m | 60.1m | 65.1m | 66.0m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | — | — | — | — | — | — | — | $24k | $0 | $166k | — | |
| Capitalized Computer Software, Amortization | — | $500k | $800k | — | — | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | — | $0 | $0 | $0 | $0 | — | $0 | $0 | $0 | $0 | — | |
| Realized Investment Gains (Losses) | — | — | — | — | — | — | — | ($482k) | — | — | — |