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| Date | Value |
|---|---|
| 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 |