Q2 Holdings (QTWO) EV to FCF (2018 - 2026)
Q2 Holdings' (QTWO) EV to FCF was 13.57 for Q2 2026, down 55.9% from 30.79 a year earlier but up 5.8% from the prior quarter.
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Analysis
Q2 Holdings (QTWO) EV to FCF (2018 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Q2 Holdings' EV to FCF came in at 7.09, down 69.2% year-over-year; for FY2025, it came in at 21.04, down 52.1% from FY2024.
- By year, EV to FCF came in at 43.90 in FY2024 (+26.7%), 34.64 in FY2023 (-21.3%), 43.99 in FY2022 (-87.8%) and 361.14 in FY2021.
- Five-year quarterly EV to FCF spans a low of 12.82 in Q1 2026 and a high of 2289.78 in Q2 2022.
- Year over year, EV to FCF has now declined in each of the last six quarters, with an average decline of 18.5% over the last eight quarters.
- The high point for year-over-year EV to FCF in five years was Q2 2022 (growth of 196.4%); the low point was Q2 2023 (a decline of 98.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 12.82 (Q1 2026), 21.04 (Q4 2025) and 22.67 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coinbase Global | 49.17 Bn | 5.98 Bn | - |
| 2 | PayPal Holdings | 45.28 Bn | 3.51 Bn | - |
| 3 | Block | 44.18 Bn | 15.44 Bn | 3.17 Bn |
| 4 | Iren | 31.11 Bn | 18.70 Bn | 103.89 Mn |
| 5 | Corpay | 25.52 Bn | 15.72 Bn | - |
| 6 | Fiserv | 24.03 Bn | 20.73 Bn | 2.90 Bn |
| 7 | Global Payments | 21.72 Bn | 155.29 Mn | 2.03 Bn |
| 8 | Bitmine Immersion Technologies | 15.32 Bn | 12.70 Bn | 40.81 Mn |
| 9 | Guidewire Software | 11.69 Bn | 8.26 Bn | 269.68 Mn |
| 10 | Q2 Holdings | 3.45 Bn | 1.97 Bn | 130.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.57 |
| Mar 31, 2026 | 12.82 |
| Dec 31, 2025 | 21.04 |
| Sep 30, 2025 | 22.67 |
| Jun 30, 2025 | 30.79 |
| Mar 31, 2025 | 28.16 |
| Dec 31, 2024 | 43.90 |
| Sep 30, 2024 | 35.88 |
| Jun 30, 2024 | 33.46 |
| Mar 31, 2024 | 38.22 |
| Dec 31, 2023 | 34.64 |
| Sep 30, 2023 | 22.62 |
| Jun 30, 2023 | 26.31 |
| Mar 31, 2023 | 31.69 |
| Dec 31, 2022 | 43.99 |
| Sep 30, 2022 | 74.52 |
| Jun 30, 2022 | 2,289.78 |
| Mar 31, 2022 | 213.80 |
| Dec 31, 2021 | 361.14 |
| Jun 30, 2021 | 772.44 |
API Access
Q2 Holdings EV to FCF 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-fcf&ticker=QTWO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=QTWO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();