Q2 Holdings (QTWO) FCF Margin (2013 - 2026)

Q2 Holdings (QTWO) posted FCF Margin of 24.47% for Q2 2026, up 6.54% sequentially from 22.97% in Q1 2026, and up 243.0% YoY from 7.13% in Q2 2025.

Q2 Holdings (QTWO) FCF Margin (2013 - 2026) Analysis & Trends

Q2 Holdings has reported FCF Margin for 14 years, with the latest figure at 24.47% in Q2 2026.

Quarterly FCF Margin rose 243.0% year-over-year to 24.47% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 23.88% (up 269.0% YoY) and the FY2025 annual result came in at 22.67%, up 639.0% from the prior year.
FCF Margin climbed to 24.47% in Q2 2026 per QTWO's latest filing, from 22.97% in the prior quarter.
Over five years, FCF Margin peaked at 28.14% in Q4 2025 and troughed at 10.34% in Q2 2022.
A 5-year average of 13.42% and a median of 19.45% in 2025 frame the typical range for FCF Margin.
The sharpest annual moves came in 2022 and 2025: FCF Margin sank 1295 bps in 2022, then surged 1587 bps in 2025.
Over 5 years, FCF Margin stood at 27.72% in 2022, then sank by 31 bps to 19.08% in 2023, then rose by 10 bps to 20.92% in 2024, then jumped by 35 bps to 28.14% in 2025, then decreased by 13 bps to 24.47% in 2026.
According to Business Quant data, FCF Margin over the past three periods registered 24.47%, 22.97%, and 28.14% for Q2 2026, Q1 2026, and Q4 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	FCF Margin (Qtr)
1	Sap Se	255.48 Bn	234.41 Bn	16.51 Bn	36.13%
2	Shopify	198.95 Bn	194.00 Bn	1.71 Bn	18.25%
3	Salesforce	160.70 Bn	148.86 Bn	8.56 Bn	58.89%
4	Uber Technologies	154.94 Bn	149.73 Bn	6.38 Bn	19.67%
5	ServiceNow	128.25 Bn	123.58 Bn	2.82 Bn	11.86%
6	Snowflake	114.00 Bn	111.05 Bn	926.45 Mn	16.73%
7	Automatic Data Processing	108.58 Bn	104.35 Bn	2.51 Bn	24.76%
8	Adobe	105.34 Bn	99.72 Bn	5.90 Bn	31.84%
9	Intuit	94.55 Bn	87.77 Bn	7.24 Bn	61.18%
10	Q2 Holdings	4.04 Bn	3.93 Bn	130.20 Mn	24.47%

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