Q2 Holdings (QTWO) Invested Capital (2013 - 2026)

Q2 Holdings' (QTWO) quarterly Invested Capital came in at $915.4 million in Q1 2026, up 24.37% year-on-year from $736.0 million in Q1 2025, and down 5.16% quarter-over-quarter from $965.2 million in Q4 2025.

Q2 Holdings (QTWO) Invested Capital (2013 - 2026) Analysis & Trends

Q2 Holdings has disclosed Invested Capital across 14 years of filings, most recently posting $915.4 million for Q1 2026.

  • Invested Capital for Q1 2026 came in at $915.4 million, up 24.37% year-over-year; the trailing twelve-month figure through Mar 2026 was $915.4 million (up 24.37% YoY), and the FY2025 annual result was $965.2 million, up 36.3% from the prior year.
  • Invested Capital came in at $915.4 million for Q1 2026 at Q2 Holdings, down from $965.2 million in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $1.1 billion in Q3 2025 to a low of $429.9 million in Q4 2022.
  • The 5-year median for Invested Capital is $465.0 million (2024), against an average of $618.2 million.
  • Across the five-year window, Invested Capital declined 27.79% in 2022 and soared 125.57% in 2025, its largest moves.
  • Q2 Holdings' Invested Capital stood at $429.9 million in 2022, then advanced by 4.32% to $448.5 million in 2023, then surged by 57.9% to $708.1 million in 2024, then soared by 36.3% to $965.2 million in 2025, then decreased by 5.16% to $915.4 million in 2026.
  • The last three Invested Capital figures came in at $915.4 million (Q1 2026), $965.2 million (Q4 2025), and $1.1 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 60.16 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - 5.83 Bn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 24.75 Bn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 12.50 Bn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 73.52 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 6.99 Bn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 11.73 Bn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 6.35 Bn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 16.32 Bn
10 Q2 Holdings 2.81 Bn 2.65 Bn 127.91 Mn 915.36 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 915.36 Mn
Dec 31, 2025 965.18 Mn
Sep 30, 2025 1.12 Bn
Jun 30, 2025 1.08 Bn
Mar 31, 2025 735.97 Mn
Dec 31, 2024 708.13 Mn
Sep 30, 2024 495.12 Mn
Jun 30, 2024 480.67 Mn
Mar 31, 2024 464.97 Mn
Dec 31, 2023 448.48 Mn
Sep 30, 2023 441.03 Mn
Jun 30, 2023 441.41 Mn
Mar 31, 2023 439.10 Mn
Dec 31, 2022 429.93 Mn
Sep 30, 2022 441.23 Mn
Jun 30, 2022 451.81 Mn
Mar 31, 2022 457.04 Mn
Dec 31, 2021 570.30 Mn
Sep 30, 2021 581.73 Mn
Jun 30, 2021 597.50 Mn