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

Q2 Holdings' (QTWO) quarterly Free Cash Flow came in at $55.4 million in Q1 2026, up 29.57% year-on-year from $42.7 million in Q1 2025, and down 3.56% quarter-over-quarter from $57.4 million in Q4 2025.

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

Q2 Holdings has disclosed Free Cash Flow across 14 years of filings, most recently posting $55.4 million for Q1 2026.

  • Free Cash Flow for Q1 2026 came in at $55.4 million, up 29.57% year-over-year; the trailing twelve-month figure through Mar 2026 was $207.3 million (up 29.74% YoY), and the FY2025 annual result was $194.7 million, up 50.82% from the prior year.
  • Free Cash Flow came in at $55.4 million for Q1 2026 at Q2 Holdings, down from $57.4 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $57.4 million in Q4 2025 to a low of -$18.5 million in Q2 2022.
  • The 5-year median for Free Cash Flow is $36.9 million (2024), against an average of $26.5 million.
  • Across the five-year window, Free Cash Flow plunged 792.8% in 2022 and soared 658.28% in 2024, its largest moves.
  • Q2 Holdings' Free Cash Flow stood at $41.7 million in 2022, then sank by 61.17% to $16.2 million in 2023, then jumped by 130.44% to $37.3 million in 2024, then soared by 54.07% to $57.4 million in 2025, then retreated by 3.56% to $55.4 million in 2026.
  • The last three Free Cash Flow figures came in at $55.4 million (Q1 2026), $57.4 million (Q4 2025), and $55.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 4.11 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - 225.50 Mn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 2.29 Bn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 476.00 Mn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 6.56 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 306.96 Mn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 1.57 Bn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 2.19 Bn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 2.11 Bn
10 Q2 Holdings 2.81 Bn 2.65 Bn 127.91 Mn 55.39 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 55.39 Mn
Mar 31, 2026 55.39 Mn
Dec 31, 2025 57.43 Mn
Dec 31, 2025 57.43 Mn
Sep 30, 2025 55.60 Mn
Sep 30, 2025 55.60 Mn
Jun 30, 2025 38.88 Mn
Jun 30, 2025 38.88 Mn
Mar 31, 2025 42.75 Mn
Mar 31, 2025 42.75 Mn
Dec 31, 2024 37.27 Mn
Dec 31, 2024 37.27 Mn
Sep 30, 2024 42.84 Mn
Sep 30, 2024 42.84 Mn
Jun 30, 2024 36.91 Mn
Jun 30, 2024 36.91 Mn
Mar 31, 2024 12.03 Mn
Mar 31, 2024 12.03 Mn
Dec 31, 2023 16.18 Mn
Dec 31, 2023 16.18 Mn