Q2 Holdings QTWO
NYSE QTWO
$62.10 -1.89 (-2.95%)
At close: Sep 4, 2026 · 4:00 PM EDT

Q2 Holdings (QTWO) Gross Margin (2013 - 2026)

Q2 Holdings' (QTWO) quarterly Gross Margin came in at 59.25% in Q2 2026, up 566.0% year-over-year from 8.9% in Q2 2025, and little changed quarter-over-quarter from 59.08% in Q1 2026.

Analysis

Q2 Holdings (QTWO) Gross Margin (2013 - 2026) Analysis & Trends

Q2 Holdings has disclosed Gross Margin across 14 years of filings, most recently posting 59.25% for Q2 2026.

  • In Q2 2026, Gross Margin rose 566.0% year-over-year to 59.25%; the TTM figure through Jun 2026 stood at 56.99% (up 437.0% YoY), while the FY2025 annual figure was 54.06%, up 316.0% from the prior year.
  • Gross Margin came in at 59.25% for Q2 2026 at Q2 Holdings, roughly flat from 59.08% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 59.25% in Q2 2026 to a low of 44.82% in Q2 2022.
  • Average Gross Margin over 5 years is 50.71%, with a median of 50.21% recorded in 2023.
  • Year-over-year, Gross Margin sank 61 bps in 2022 and jumped 585 bps in 2026.
  • Over 5 years, Gross Margin stood at 45.18% in 2022, then gained by 11 bps to 50.21% in 2023, then climbed by 5 bps to 52.63% in 2024, then climbed by 5 bps to 55.37% in 2025, then grew by 7 bps to 59.25% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 59.25% in Q2 2026, 59.08% in Q1 2026, and 55.37% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Chime Financial 12.78 Bn 11.72 Bn 594.87 Mn 88.82%
2 Jack Henry & Associates 11.61 Bn 11.60 Bn 273.85 Mn 42.52%
3 Dave 4.36 Bn 4.10 Bn 159.27 Mn 93.25%
4 Q2 Holdings 3.87 Bn 3.77 Bn 130.20 Mn 59.25%
5 nCino 2.43 Bn 2.36 Bn 100.77 Mn 62.59%
6 Alkami Technology 2.11 Bn 2.02 Bn 73.81 Mn 56.85%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 59.25%
Mar 31, 2026 59.08%
Dec 31, 2025 55.37%
Sep 30, 2025 53.96%
Jun 30, 2025 53.58%
Mar 31, 2025 53.23%
Dec 31, 2024 52.63%
Sep 30, 2024 50.88%
Jun 30, 2024 50.22%
Mar 31, 2024 49.70%
Dec 31, 2023 50.21%
Sep 30, 2023 47.84%
Jun 30, 2023 47.78%
Mar 31, 2023 47.90%
Dec 31, 2022 45.18%
Sep 30, 2022 46.19%
Jun 30, 2022 44.82%
Mar 31, 2022 45.05%
Dec 31, 2021 45.10%
Sep 30, 2021 44.98%