Q2 Holdings (QTWO) Invested Capital (2013 - 2026)
Q2 Holdings' (QTWO) quarterly Invested Capital came in at $643.5 million in Q2 2026, down 40.3% year-over-year from $1.1 billion in Q2 2025, and down 29.7% quarter-over-quarter from $915.4 million in Q1 2026.
Analysis
Q2 Holdings (QTWO) Invested Capital (2013 - 2026) Analysis & Trends
Q2 Holdings has disclosed Invested Capital across 8 years of filings, most recently posting $643.5 million for Q2 2026.
- In Q2 2026, Invested Capital fell 40.3% year-over-year to $643.5 million; the TTM figure through Jun 2026 stood at $643.5 million (down 40.3% YoY), while the FY2025 annual figure was $965.2 million, up 36.3% from the prior year.
- Invested Capital came in at $643.5 million for Q2 2026 at Q2 Holdings, down from $915.4 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.
- Average Invested Capital over 5 years is $647.5 million, with a median of $457.0 million recorded in 2022.
- Year-over-year, Invested Capital surged 57.9% in 2024 and slumped 40.3% in 2026.
- Over 5 years, 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 slumped by 33.33% to $643.5 million in 2026.
- Per Business Quant data, the three most recent Invested Capital figures were $643.5 million in Q2 2026, $915.4 million in Q1 2026, and $965.2 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Chime Financial | 12.78 Bn | 11.72 Bn | 594.87 Mn | 1.59 Bn |
| 2 | Jack Henry & Associates | 11.61 Bn | 11.60 Bn | 273.85 Mn | 290.00 Mn |
| 3 | Dave | 4.36 Bn | 4.10 Bn | 159.27 Mn | 282.89 Mn |
| 4 | Q2 Holdings | 3.87 Bn | 3.77 Bn | 130.20 Mn | 643.45 Mn |
| 5 | nCino | 2.43 Bn | 2.36 Bn | 100.77 Mn | 1.21 Bn |
| 6 | Alkami Technology | 2.11 Bn | 2.02 Bn | 73.81 Mn | 362.68 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 643.45 Mn |
| 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 |
| 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 |
| Dec 31, 2014 | 78.94 Mn |
| Sep 30, 2014 | 81.31 Mn |
| Jun 30, 2014 | 86.82 Mn |
| Mar 31, 2014 | 80.90 Mn |