Q2 Holdings (QTWO) Free Cash Flow (2013 - 2026)

Q2 Holdings (QTWO) reported Free Cash Flow of $49.7 million for Q1 2026, up 14.48% on a YoY basis from $43.4 million in Q1 2025, and down 16.15% sequentially from $59.3 million in Q4 2025.

Q2 Holdings (QTWO) Free Cash Flow (2013 - 2026) Analysis & Trends

Q2 Holdings (QTWO) has 14 years of Free Cash Flow data on file, last reported at $49.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Free Cash Flow rose 14.48% year-over-year to $49.7 million; the trailing twelve-month figure through Mar 2026 stood at $202.8 million (up 40.05% YoY), and the FY2025 full-year result was $196.5 million, up 73.28% from the prior year.
  • Free Cash Flow declined to $49.7 million in Q1 2026, from $59.3 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $59.3 million in Q4 2025 to a low of -$18.5 million in Q2 2022.
  • A 5-year average of $26.4 million and a median of $21.7 million in 2022 frame the typical range for Free Cash Flow.
  • Across the five-year window, Free Cash Flow tumbled 305.0% in 2022 and jumped 267.45% in 2025, its largest moves.
  • Tracing QTWO's Free Cash Flow over 5 years: stood at $45.5 million in 2022, then tumbled by 73.45% to $12.1 million in 2023, then surged by 33.61% to $16.1 million in 2024, then jumped by 267.45% to $59.3 million in 2025, then slipped by 16.15% to $49.7 million in 2026.
  • Business Quant data shows QTWO's Free Cash Flow at $49.7 million in Q1 2026, $59.3 million in Q4 2025, and $55.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 4.39 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - 235.34 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 476.00 Mn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 2.29 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 6.56 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 473.00 Mn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 2.19 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 232.77 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 306.96 Mn
10 Q2 Holdings 3.30 Bn 2.92 Bn 127.91 Mn 49.72 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 49.72 Mn
Mar 31, 2026 49.72 Mn
Dec 31, 2025 59.30 Mn
Dec 31, 2025 59.30 Mn
Sep 30, 2025 55.60 Mn
Sep 30, 2025 55.60 Mn
Jun 30, 2025 38.19 Mn
Jun 30, 2025 38.19 Mn
Mar 31, 2025 43.43 Mn
Mar 31, 2025 43.43 Mn
Dec 31, 2024 16.14 Mn
Dec 31, 2024 16.14 Mn
Sep 30, 2024 45.24 Mn
Sep 30, 2024 45.24 Mn
Jun 30, 2024 40.01 Mn
Jun 30, 2024 40.01 Mn
Mar 31, 2024 12.03 Mn
Mar 31, 2024 12.03 Mn
Dec 31, 2023 12.08 Mn
Dec 31, 2023 12.08 Mn