Q2 Holdings, Inc.
QTWO · NYSE
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $696 | $625 | $566 | $499 |
| % Growth | 11.5% | 10.4% | 13.4% | – |
| Cost of Goods Sold | $342 | $322 | $309 | $274 |
| Gross Profit | $354 | $303 | $256 | $225 |
| % Margin | 50.9% | 48.5% | 45.3% | 45.1% |
| R&D Expenses | $143 | $137 | $130 | $117 |
| G&A Expenses | $123 | $110 | $90 | $78 |
| SG&A Expenses | $229 | $220 | $198 | $163 |
| Sales & Mktg Exp. | $106 | $110 | $108 | $86 |
| Other Operating Expenses | $25 | $32 | $33 | $23 |
| Operating Expenses | $397 | $389 | $361 | $303 |
| Operating Income | -$42 | -$86 | -$105 | -$78 |
| % Margin | -6.1% | -13.8% | -18.5% | -15.6% |
| Other Income/Exp. Net | $11 | $24 | -$1 | -$33 |
| Pre-Tax Income | -$31 | -$62 | -$106 | -$111 |
| Tax Expense | $8 | $4 | $3 | $2 |
| Net Income | -$39 | -$65 | -$109 | -$113 |
| % Margin | -5.5% | -10.5% | -19.3% | -22.6% |
| EPS | -0.64 | -1.12 | -1.9 | -2 |
| % Growth | 42.9% | 41.1% | 5% | – |
| EPS Diluted | -0.64 | -1.12 | -1.9 | -2 |
| Weighted Avg Shares Out | 60 | 58 | 57 | 56 |
| Weighted Avg Shares Out Dil | 60 | 58 | 57 | 56 |
| Supplemental Information | – | – | – | – |
| Interest Income | $16 | $10 | $5 | $1 |
| Interest Expense | $5 | $6 | $7 | $33 |
| Depreciation & Amortization | $69 | $85 | $62 | $55 |
| EBITDA | $43 | $29 | -$38 | -$23 |
| % Margin | 6.2% | 4.6% | -6.7% | -4.7% |