Q2 Holdings, Inc.

QTWO · NYSE
Analyze with AI
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$696,464$624,624$565,673$498,720
% Growth11.5%10.4%13.4%
Cost of Goods Sold$341,983$321,973$309,328$273,685
Gross Profit$354,481$302,651$256,345$225,035
% Margin50.9%48.5%45.3%45.1%
R&D Expenses$143,244$137,334$130,103$116,952
G&A Expenses$122,942$110,186$90,163$77,915
SG&A Expenses$228,893$219,708$198,377$163,479
Sales & Mktg Exp.$105,951$109,522$108,214$85,564
Other Operating Expenses$24,607$31,666$32,626$22,599
Operating Expenses$396,744$388,708$361,106$303,030
Operating Income-$42,263-$86,057-$104,761-$77,995
% Margin-6.1%-13.8%-18.5%-15.6%
Other Income/Exp. Net$11,403$24,235-$1,314-$33,108
Pre-Tax Income-$30,860-$61,822-$106,075-$111,103
Tax Expense$7,676$3,562$2,908$1,643
Net Income-$38,536-$65,384-$108,983-$112,746
% Margin-5.5%-10.5%-19.3%-22.6%
EPS-0.64-1.12-1.9-2
% Growth42.9%41.1%5%
EPS Diluted-0.64-1.12-1.9-2
Weighted Avg Shares Out60,10558,35457,30056,394
Weighted Avg Shares Out Dil60,10558,35457,30056,394
Supplemental Information
Interest Income$16,342$10,098$5,362$1,476
Interest Expense$4,939$5,732$6,676$33,071
Depreciation & Amortization$68,809$85,107$61,659$54,833
EBITDA$42,888$29,017-$37,740-$23,199
% Margin6.2%4.6%-6.7%-4.7%