Growth Metrics

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

Q2 Holdings recorded quarterly Free Cash Flow of $55.4 million in Q1 2026, down 3.56% quarter-over-quarter from $57.4 million in Q4 2025, and up 29.57% year-over-year from $42.7 million in Q1 2025.

Q2 Holdings' Free Cash Flow history runs 14 years deep, the most recent figure standing at $55.4 million for Q1 2026.

  • In Q1 2026, Free Cash Flow rose 29.57% year-over-year to $55.4 million; the TTM figure through Mar 2026 stood at $207.3 million (up 29.74% YoY), while the FY2025 annual figure 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.
  • A 5-year average of $26.5 million and a median of $36.9 million in 2024 frame the typical range for Free Cash Flow.
  • Across the five-year window, Free Cash Flow tumbled 792.8% in 2022 and jumped 658.28% in 2024, its largest moves.
  • Q2 Holdings' Free Cash Flow stood at $41.7 million in 2022, then plunged by 61.17% to $16.2 million in 2023, then surged by 130.44% to $37.3 million in 2024, then jumped by 54.07% to $57.4 million in 2025, then decreased by 3.56% to $55.4 million in 2026.
  • According to Business Quant data, Free Cash Flow over the past three periods registered $55.4 million, $57.4 million, and $55.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn 4.11 Bn
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 5.32 Bn
3 Uber Technologies 147.39 Bn 146.35 Bn 11.88 Bn 2.29 Bn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn 476.00 Mn
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn 1.57 Bn
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn 306.96 Mn
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 2.92 Bn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 2.19 Bn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 5.24 Bn
10 Q2 Holdings 2.88 Bn 2.71 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
Sep 30, 2023 15.48 Mn
Sep 30, 2023 15.48 Mn
Jun 30, 2023 15.82 Mn
Jun 30, 2023 15.82 Mn
Mar 31, 2023 -2.16 Mn
Mar 31, 2023 -2.16 Mn
Dec 31, 2022 41.65 Mn
Dec 31, 2022 41.65 Mn
Sep 30, 2022 7.07 Mn
Sep 30, 2022 7.07 Mn
Jun 30, 2022 -18.48 Mn
Jun 30, 2022 -18.48 Mn
Mar 31, 2022 -4.82 Mn
Mar 31, 2022 -4.82 Mn
Dec 31, 2021 23.63 Mn
Dec 31, 2021 23.63 Mn
Sep 30, 2021 -3.92 Mn
Sep 30, 2021 -3.92 Mn
Jun 30, 2021 -2.07 Mn
Jun 30, 2021 -2.07 Mn
Mar 31, 2021 -6.30 Mn
Mar 31, 2021 -6.30 Mn
Dec 31, 2020 19.23 Mn
Dec 31, 2020 19.23 Mn
Sep 30, 2020 19.36 Mn
Sep 30, 2020 19.36 Mn
Jun 30, 2020 -21.55 Mn
Jun 30, 2020 -21.55 Mn
Mar 31, 2020 -20.44 Mn
Mar 31, 2020 -20.44 Mn
Dec 31, 2019 -11.97 Mn
Dec 31, 2019 -11.97 Mn
Sep 30, 2019 28.22 Mn
Sep 30, 2019 28.22 Mn
Jun 30, 2019 -18.66 Mn
Jun 30, 2019 -18.66 Mn
Mar 31, 2019 -10.89 Mn
Mar 31, 2019 -10.89 Mn
Dec 31, 2018 20.63 Mn
Dec 31, 2018 20.63 Mn
Sep 30, 2018 16.40 Mn
Sep 30, 2018 16.40 Mn
Jun 30, 2018 -19.94 Mn
Jun 30, 2018 -19.94 Mn
Mar 31, 2018 -12.50 Mn
Mar 31, 2018 -12.50 Mn
Dec 31, 2017 7.19 Mn
Dec 31, 2017 7.19 Mn
Sep 30, 2017 7.85 Mn
Sep 30, 2017 7.85 Mn
Jun 30, 2017 -1.86 Mn
Jun 30, 2017 -1.86 Mn
Mar 31, 2017 -16.03 Mn
Mar 31, 2017 -16.03 Mn
Dec 31, 2016 18.34 Mn
Dec 31, 2016 18.34 Mn
Sep 30, 2016 -12.42 Mn
Sep 30, 2016 -12.42 Mn
Jun 30, 2016 876,000.00
Jun 30, 2016 876,000.00
Mar 31, 2016 -3.40 Mn
Mar 31, 2016 -3.40 Mn
Dec 31, 2015 -2.11 Mn
Dec 31, 2015 -2.11 Mn
Sep 30, 2015 2.37 Mn
Sep 30, 2015 2.37 Mn
Jun 30, 2015 1.09 Mn
Jun 30, 2015 1.09 Mn
Mar 31, 2015 -3.08 Mn
Mar 31, 2015 -3.08 Mn
Dec 31, 2014 -2.25 Mn
Dec 31, 2014 -2.25 Mn
Sep 30, 2014 -1.49 Mn
Sep 30, 2014 -1.49 Mn
Jun 30, 2014 -254,000.00
Jun 30, 2014 -254,000.00
Mar 31, 2014 -6.33 Mn
Mar 31, 2014 -6.33 Mn
Dec 31, 2013 8.99 Mn
Dec 31, 2013 8.99 Mn
Sep 30, 2013 -3.99 Mn
Sep 30, 2013 -3.99 Mn
Jun 30, 2013 -2.34 Mn
Jun 30, 2013 -2.34 Mn
Mar 31, 2013 -3.94 Mn
Mar 31, 2013 -3.94 Mn