Q2 Holdings (QTWO) EV to CFO (2015 - 2026)
Q2 Holdings' EV to CFO came in at 12.79 for Q2 2026, down 57.0% from 29.77 a year earlier but up 6.0% from the prior quarter.
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Analysis
Q2 Holdings (QTWO) EV to CFO (2015 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Q2 Holdings reported EV to CFO of 6.69, down 70.0% year-over-year; for FY2025, it came in at 20.33, down 51.3% from FY2024.
- Going back by year, EV to CFO was 41.74 in FY2024 (+31.1%), 31.85 in FY2023 (+4.1%), 30.58 in FY2022 (-76.8%) and 131.69 in FY2021.
- The five-year range for quarterly EV to CFO is 12.07 (Q1 2026) to 390.30 (Q3 2021).
- Year-over-year, EV to CFO has declined for six consecutive quarters, with an average decline of 16.6% over the last eight quarters.
- The fastest year-over-year change in EV to CFO over five years came in Q3 2024 (growth of 65.3%), and the weakest in Q3 2022 (a decline of 88.4%).
- Business Quant data shows QTWO's EV to CFO at 12.07 (Q1 2026), 20.33 (Q4 2025) and 21.88 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn |
| 10 | Q2 Holdings | 3.44 Bn | 1.95 Bn | 130.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.79 |
| Mar 31, 2026 | 12.07 |
| Dec 31, 2025 | 20.33 |
| Sep 30, 2025 | 21.88 |
| Jun 30, 2025 | 29.77 |
| Mar 31, 2025 | 27.13 |
| Dec 31, 2024 | 41.74 |
| Sep 30, 2024 | 34.11 |
| Jun 30, 2024 | 31.76 |
| Mar 31, 2024 | 35.33 |
| Dec 31, 2023 | 31.85 |
| Sep 30, 2023 | 20.64 |
| Jun 30, 2023 | 22.66 |
| Mar 31, 2023 | 25.83 |
| Dec 31, 2022 | 30.58 |
| Sep 30, 2022 | 45.27 |
| Jun 30, 2022 | 160.81 |
| Mar 31, 2022 | 97.07 |
| Dec 31, 2021 | 131.69 |
| Sep 30, 2021 | 390.30 |
API Access
Q2 Holdings EV to CFO 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=ev-to-cfo&ticker=QTWO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=QTWO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();