Q2 Holdings (QTWO) Convertible Debt (2018 - 2025)
Q2 Holdings' (QTWO) quarterly Convertible Debt came in at $302.4 million in Q1 2025, down 38.4% year-over-year from $491.0 million in Q1 2024, and little changed quarter-over-quarter from $302.1 million in Q4 2024.
Analysis
Q2 Holdings (QTWO) Convertible Debt (2018 - 2025) Analysis & Trends
Q2 Holdings has disclosed Convertible Debt across 8 years of filings, most recently posting $302.4 million for Q1 2025.
- In Q1 2025, Convertible Debt fell 38.4% year-over-year to $302.4 million; the TTM figure through Mar 2025 stood at $302.4 million (down 38.4% YoY), while the FY2024 annual figure was $302.1 million, down 38.4% from the prior year.
- Convertible Debt came in at $302.4 million for Q1 2025 at Q2 Holdings, roughly flat from $302.1 million in the prior quarter.
- In the past five years, Convertible Debt ranged from a high of $657.8 million in Q4 2022 to a low of $302.1 million in Q4 2024.
- Average Convertible Debt over 5 years is $521.4 million, with a median of $492.0 million recorded in 2024.
- Year-over-year, Convertible Debt soared 31.2% in 2021 and tumbled 38.4% in 2024.
- Over 5 years, Convertible Debt stood at $551.6 million in 2021, then climbed by 19.25% to $657.8 million in 2022, then slipped by 25.44% to $490.5 million in 2023, then tumbled by 38.4% to $302.1 million in 2024, then advanced by 0.1% to $302.4 million in 2025.
- Per Business Quant data, the three most recent Convertible Debt figures were $302.4 million in Q1 2025, $302.1 million in Q4 2024, and $492.0 million in Q3 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Chime Financial | 12.78 Bn | 11.72 Bn | 594.87 Mn |
| 2 | Jack Henry & Associates | 11.61 Bn | 11.60 Bn | 273.85 Mn |
| 3 | Dave | 4.36 Bn | 4.10 Bn | 159.27 Mn |
| 4 | Q2 Holdings | 3.87 Bn | 3.77 Bn | 130.20 Mn |
| 5 | nCino | 2.43 Bn | 2.36 Bn | 100.77 Mn |
| 6 | Alkami Technology | 2.11 Bn | 2.02 Bn | 73.81 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2025 | 302.43 Mn |
| Dec 31, 2024 | 302.12 Mn |
| Sep 30, 2024 | 491.95 Mn |
| Jun 30, 2024 | 491.46 Mn |
| Mar 31, 2024 | 490.96 Mn |
| Dec 31, 2023 | 490.46 Mn |
| Sep 30, 2023 | 489.97 Mn |
| Jun 30, 2023 | 489.47 Mn |
| Mar 31, 2023 | 488.98 Mn |
| Dec 31, 2022 | 657.79 Mn |
| Sep 30, 2022 | 657.13 Mn |
| Jun 30, 2022 | 656.47 Mn |
| Mar 31, 2022 | 655.81 Mn |
| Dec 31, 2021 | 551.60 Mn |
| Sep 30, 2021 | 544.70 Mn |
| Jun 30, 2021 | 537.90 Mn |
| Mar 31, 2021 | 564.51 Mn |
| Dec 31, 2020 | 557.47 Mn |
| Sep 30, 2020 | 441.55 Mn |
| Jun 30, 2020 | 435.88 Mn |