Q2 Holdings QTWO
NYSE QTWO
$62.10 -1.89 (-2.95%)
At close: Sep 4, 2026 · 4:00 PM EDT

Q2 Holdings (QTWO) Cost of Revenue (2013 - 2026)

Q2 Holdings' (QTWO) quarterly Cost of Revenue came in at $89.6 million in Q2 2026, down 1.12% year-over-year from $90.6 million in Q2 2025, and up 1.1% quarter-over-quarter from $88.6 million in Q1 2026.

Analysis

Q2 Holdings (QTWO) Cost of Revenue (2013 - 2026) Analysis & Trends

Q2 Holdings has disclosed Cost of Revenue across 14 years of filings, most recently posting $89.6 million for Q2 2026.

  • In Q2 2026, Cost of Revenue fell 1.12% year-over-year to $89.6 million; the TTM figure through Jun 2026 stood at $364.0 million (up 3.4% YoY), while the FY2025 annual figure was $365.1 million, up 6.77% from the prior year.
  • Cost of Revenue came in at $89.6 million for Q2 2026 at Q2 Holdings, up from $88.6 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $92.9 million in Q4 2025 to a low of $73.7 million in Q1 2022.
  • Average Cost of Revenue over 5 years is $84.3 million, with a median of $84.6 million recorded in 2024.
  • Year-over-year, Cost of Revenue grew 16.35% in 2022 and dropped 1.12% in 2026.
  • Over 5 years, Cost of Revenue stood at $80.3 million in 2022, then rose by 0.48% to $80.7 million in 2023, then rose by 7.4% to $86.7 million in 2024, then increased by 7.19% to $92.9 million in 2025, then slipped by 3.63% to $89.6 million in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $89.6 million in Q2 2026, $88.6 million in Q1 2026, and $92.9 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Chime Financial 12.78 Bn 11.72 Bn 594.87 Mn 74.90 Mn
2 Jack Henry & Associates 11.61 Bn 11.60 Bn 273.85 Mn 370.18 Mn
3 Dave 4.36 Bn 4.10 Bn 159.27 Mn 11.52 Mn
4 Q2 Holdings 3.87 Bn 3.77 Bn 130.20 Mn 89.57 Mn
5 nCino 2.43 Bn 2.36 Bn 100.77 Mn 60.23 Mn
6 Alkami Technology 2.11 Bn 2.02 Bn 73.81 Mn 56.03 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 89.57 Mn
Mar 31, 2026 88.59 Mn
Dec 31, 2025 92.94 Mn
Sep 30, 2025 92.86 Mn
Jun 30, 2025 90.58 Mn
Mar 31, 2025 88.75 Mn
Dec 31, 2024 86.70 Mn
Sep 30, 2024 85.96 Mn
Jun 30, 2024 86.06 Mn
Mar 31, 2024 83.26 Mn
Dec 31, 2023 80.73 Mn
Sep 30, 2023 80.83 Mn
Jun 30, 2023 80.70 Mn
Mar 31, 2023 79.71 Mn
Dec 31, 2022 80.34 Mn
Sep 30, 2022 77.90 Mn
Jun 30, 2022 77.42 Mn
Mar 31, 2022 73.67 Mn
Dec 31, 2021 72.41 Mn
Sep 30, 2021 69.73 Mn