Q2 Holdings (QTWO) EBT Margin (2013 - 2026)
Q2 Holdings (QTWO) recorded EBT Margin of 14.43% in Q2 2026, up 7.52 percentage points from 6.92% a year earlier and up 0.69 percentage points from the prior quarter.
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Analysis
Q2 Holdings (QTWO) EBT Margin (2013 - 2026) Analysis & Trends
On a TTM basis, Q2 Holdings' EBT Margin came in at 11.52% as of Jun 30, 2026, up 10.02 percentage points year-over-year; for FY2025, it was 6.89%, up 11.32 percentage points from FY2024.
- Annual EBT Margin has increased for five straight years, with a five-year change of +40.70 percentage points (FY2020 to FY2025).
- Across earlier years, EBT Margin came in at -4.43% in FY2024 (+5.47 pp), -9.90% in FY2023 (+8.85 pp), -18.75% in FY2022 (+3.53 pp) and -22.28% in FY2021 (+11.54 pp).
- The Q2 2026 figure is the highest quarterly EBT Margin in data going back to Q1 2013.
- On a year-over-year basis, EBT Margin has increased for nine consecutive quarters, with an average year-over-year change of +10.46 percentage points over the last eight quarters.
- Peak year-over-year performance for EBT Margin in the last five years was a gain of 16.23 percentage points in Q1 2023, against a drop of 7.10 percentage points in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 13.74% (Q1 2026), 9.98% (Q4 2025) and 7.54% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | -32.41% |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 15.09% |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 4.56% |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | -504.27% |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 25.75% |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 14.64% |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 3.14% |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | -179.64% |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 11.02% |
| 10 | Q2 Holdings | 3.44 Bn | 1.95 Bn | 130.20 Mn | 14.43% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.43% |
| Mar 31, 2026 | 13.74% |
| Dec 31, 2025 | 9.98% |
| Sep 30, 2025 | 7.54% |
| Jun 30, 2025 | 6.92% |
| Mar 31, 2025 | 2.76% |
| Dec 31, 2024 | 1.06% |
| Sep 30, 2024 | -5.45% |
| Jun 30, 2024 | -6.35% |
| Mar 31, 2024 | -7.42% |
| Dec 31, 2023 | -9.88% |
| Sep 30, 2023 | -14.30% |
| Jun 30, 2023 | -14.98% |
| Mar 31, 2023 | -0.33% |
| Dec 31, 2022 | -21.62% |
| Sep 30, 2022 | -18.88% |
| Jun 30, 2022 | -17.73% |
| Mar 31, 2022 | -16.55% |
| Dec 31, 2021 | -18.69% |
| Sep 30, 2021 | -24.45% |
API Access
Q2 Holdings EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=QTWO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "QTWO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=QTWO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();