Q2 Holdings Inc
Research Q2 Holdings Inc (QTWO) on Bullrun: valuation model: 13.1% overvalued, market cap USD 3.69B, P/E 42.5. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerQTWO
- ExchangeNYSE
- CountryUnited States
- SectorTechnology
- IndustrySoftware-Application
- CurrencyUSD
- Valuation signal13.1% overvalued
- Market capUSD 3.69B
- P/E42.5
- Financial periodQ2 2026
- RevenueUSD 219.77M
- Net incomeUSD 29.86M
- Free cash flowUSD 50.99M
- Gross margin59.2%
Valuation Snapshot
Bullrun's latest valuation model marks Q2 Holdings Inc as 13.1% overvalued; latest market cap is USD 3.69B; P/E is 42.5.
Peer valuation comparison
Latest P/E is 42.46x versus a Technology sector median of 28.7x (47.9% above).
Latest P/E is 42.46x versus a United States median of 23.75x (78.8% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 794.81M | USD 52.00M | USD 194.65M | 54.1% | 0.8 | USD 367.63M | USD 346.82M | USD 661.81M |
| FY2024 | USD 696.46M | -USD 38.50M | USD 129.06M | 50.9% | -0.64 | USD 358.56M | USD 542.99M | USD 517.80M |
| FY2023 | USD 624.62M | -USD 65.40M | USD 64.62M | 48.5% | -1.12 | USD 229.66M | USD 548.92M | USD 448.48M |
| FY2022 | USD 565.67M | -USD 109.00M | USD 25.41M | 45.3% | -1.9 | USD 199.60M | USD 733.34M | USD 419.02M |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-12 | USD 3.69B | 42.5 | n/a | n/a |
| 2025 | 2025-12-31 | USD 4.53B | 92.5 | n/a | n/a |
| 2024 | 2024-12-31 | USD 6.11B | n/a | n/a | n/a |
| 2023 | 2023-12-29 | USD 2.55B | n/a | n/a | n/a |
| 2022 | 2022-12-30 | USD 1.55B | n/a | n/a | n/a |
| 2021 | 2021-12-31 | USD 4.52B | n/a | n/a | n/a |
About Q2 Holdings Inc
Q2 Holdings, Inc. provides digital solutions to financial institutions, financial technology companies, FinTechs, and alternative finance companies (Alt-FIs) in the United States. The company offers Digital Banking Platform, an end-to-end digital banking platform that supports its financial institution customers in their delivery of retail, SMB, and commercial functionalities across digital channels;
ETFs that hold Q2 Holdings Inc
Q2 Holdings Inc is one of the ten largest holdings of one ETF that investors in Europe can buy:
| ETF | Weight | TER |
|---|---|---|
| Legal & General UCITS ETF Plc - L&G Digital Payments UCITS ETF | 3.33% | 0.49% |
Related stock research
Other Technology stocks
Frequently asked questions
Is Q2 Holdings Inc overvalued or undervalued?
Bullrun's valuation model currently marks Q2 Holdings Inc as 13.1% overvalued.
What is Q2 Holdings Inc's market cap?
Q2 Holdings Inc's market capitalization is USD 3.69B.
What is Q2 Holdings Inc's P/E ratio?
Q2 Holdings Inc's price-to-earnings (P/E) ratio is 42.5.
What does Q2 Holdings Inc do?
Q2 Holdings, Inc. provides digital solutions to financial institutions, financial technology companies, FinTechs, and alternative finance companies (Alt-FIs) in the United States. The company offers Digital Banking Platform, an end-to-end digital banking platform that supports its financial institution customers in their delivery of retail, SMB, and commercial functionalities across digital channels; and risk and fraud solutions that are designed to support financial institutions' efforts to protect end users, comply with regulatory requirements and manage fraud risk efficiently.