Q2 Holdings (QTWO) FCF Margin (2013 - 2026)
Q2 Holdings recorded quarterly FCF Margin of 25.58% in Q1 2026, down 7.25% quarter-over-quarter from 27.58% in Q4 2025, and up 305.0% year-over-year from 6.32% in Q1 2025.
Q2 Holdings' FCF Margin history runs 14 years deep, the most recent figure standing at 25.58% for Q1 2026.
- In Q1 2026, FCF Margin rose 305.0% year-over-year to 25.58%; the TTM figure through Mar 2026 stood at 25.23% (up 306.0% YoY), while the FY2025 annual figure was 24.49%, up 596.0% from the prior year.
- FCF Margin came in at 25.58% for Q1 2026 at Q2 Holdings, down from 27.58% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 28.42% in Q4 2022 to a low of 13.17% in Q2 2022.
- A 5-year average of 14.23% and a median of 19.92% in 2025 frame the typical range for FCF Margin.
- On a YoY basis, FCF Margin climbed as much as 2341 bps in 2023 and fell as far as 1845 bps in 2023.
- Q2 Holdings' FCF Margin stood at 28.42% in 2022, then sank by 65 bps to 9.98% in 2023, then surged by 104 bps to 20.36% in 2024, then jumped by 35 bps to 27.58% in 2025, then declined by 7 bps to 25.58% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 25.58%, 27.58%, and 27.57% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 36.77% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 47.52% |
| 3 | Uber Technologies | 147.39 Bn | 146.35 Bn | 11.88 Bn | 17.31% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 15.02% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 41.64% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 20.82% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 45.65% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 36.83% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 61.18% |
| 10 | Q2 Holdings | 2.88 Bn | 2.71 Bn | 127.91 Mn | 25.58% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.58% |
| Dec 31, 2025 | 27.58% |
| Sep 30, 2025 | 27.57% |
| Jun 30, 2025 | 19.92% |
| Mar 31, 2025 | 22.53% |
| Dec 31, 2024 | 20.36% |
| Sep 30, 2024 | 24.48% |
| Jun 30, 2024 | 21.35% |
| Mar 31, 2024 | 7.27% |
| Dec 31, 2023 | 9.98% |
| Sep 30, 2023 | 9.99% |
| Jun 30, 2023 | 10.24% |
| Mar 31, 2023 | -1.41% |
| Dec 31, 2022 | 28.42% |
| Sep 30, 2022 | 4.88% |
| Jun 30, 2022 | -13.17% |
| Mar 31, 2022 | -3.60% |
| Dec 31, 2021 | 17.92% |
| Sep 30, 2021 | -3.10% |
| Jun 30, 2021 | -1.68% |
| Mar 31, 2021 | -5.41% |
| Dec 31, 2020 | 17.64% |
| Sep 30, 2020 | 18.65% |
| Jun 30, 2020 | -22.08% |
| Mar 31, 2020 | -22.13% |
| Dec 31, 2019 | -13.78% |
| Sep 30, 2019 | 35.40% |
| Jun 30, 2019 | -24.03% |
| Mar 31, 2019 | -15.27% |
| Dec 31, 2018 | 30.71% |
| Sep 30, 2018 | 27.10% |
| Jun 30, 2018 | -34.04% |
| Mar 31, 2018 | -22.81% |
| Dec 31, 2017 | 13.91% |
| Sep 30, 2017 | 15.66% |
| Jun 30, 2017 | -3.90% |
| Mar 31, 2017 | -35.99% |
| Dec 31, 2016 | 43.50% |
| Sep 30, 2016 | -32.41% |
| Jun 30, 2016 | 2.43% |
| Mar 31, 2016 | -10.08% |
| Dec 31, 2015 | -6.93% |
| Sep 30, 2015 | 8.45% |
| Jun 30, 2015 | 4.15% |
| Mar 31, 2015 | -12.75% |
| Dec 31, 2014 | -10.15% |
| Sep 30, 2014 | -7.10% |
| Jun 30, 2014 | -1.33% |
| Mar 31, 2014 | -37.59% |
| Dec 31, 2013 | 57.36% |
| Sep 30, 2013 | -27.82% |
| Jun 30, 2013 | -16.63% |
| Mar 31, 2013 | -30.68% |