Q2 Holdings (QTWO) Net Margin (2013 - 2026)
Q2 Holdings recorded quarterly Net Margin of 12.3% in Q1 2026, up 25.32% quarter-over-quarter from 9.82% in Q4 2025, and up 980.0% year-over-year from 1.14% in Q1 2025.
Q2 Holdings' Net Margin history runs 13 years deep, the most recent figure standing at 12.3% for Q1 2026.
- In Q1 2026, Net Margin rose 980.0% year-over-year to 12.3%; the TTM figure through Mar 2026 stood at 8.99% (up 1176.0% YoY), while the FY2025 annual figure was 6.54%, up 1208.0% from the prior year.
- Net Margin came in at 12.3% for Q1 2026 at Q2 Holdings, up from 9.82% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 12.3% in Q1 2026 to a low of 22.12% in Q4 2022.
- A 5-year average of 6.06% and a median of 7.55% in 2024 frame the typical range for Net Margin.
- Across the five-year window, Net Margin jumped 1723 bps in 2023 and sank 803 bps in 2024, its largest moves.
- Q2 Holdings' Net Margin stood at 22.12% in 2022, then jumped by 50 bps to 11.15% in 2023, then jumped by 101 bps to 0.09% in 2024, then jumped by 10858 bps to 9.82% in 2025, then climbed by 25 bps to 12.3% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 12.3%, 9.82%, and 7.46% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 20.22% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 17.47% |
| 3 | Uber Technologies | 147.39 Bn | 146.35 Bn | 11.88 Bn | 2.29% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | -18.33% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 12.44% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 22.77% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 29.52% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 22.90% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 35.80% |
| 10 | Q2 Holdings | 2.88 Bn | 2.71 Bn | 127.91 Mn | 12.30% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.30% |
| Dec 31, 2025 | 9.82% |
| Sep 30, 2025 | 7.46% |
| Jun 30, 2025 | 6.03% |
| Mar 31, 2025 | 2.51% |
| Dec 31, 2024 | 0.09% |
| Sep 30, 2024 | -6.74% |
| Jun 30, 2024 | -7.55% |
| Mar 31, 2024 | -8.36% |
| Dec 31, 2023 | -11.15% |
| Sep 30, 2023 | -14.95% |
| Jun 30, 2023 | -15.29% |
| Mar 31, 2023 | -0.34% |
| Dec 31, 2022 | -22.12% |
| Sep 30, 2022 | -19.20% |
| Jun 30, 2022 | -17.98% |
| Mar 31, 2022 | -17.57% |
| Dec 31, 2021 | -19.24% |
| Sep 30, 2021 | -24.92% |
| Jun 30, 2021 | -24.38% |
| Mar 31, 2021 | -22.02% |
| Dec 31, 2020 | -34.70% |
| Sep 30, 2020 | -25.74% |
| Jun 30, 2020 | -39.94% |
| Mar 31, 2020 | -36.92% |
| Dec 31, 2019 | -18.04% |
| Sep 30, 2019 | -23.30% |
| Jun 30, 2019 | -22.32% |
| Mar 31, 2019 | -27.09% |
| Dec 31, 2018 | -17.66% |
| Sep 30, 2018 | -14.63% |
| Jun 30, 2018 | -14.73% |
| Mar 31, 2018 | -11.03% |
| Dec 31, 2017 | -10.68% |
| Sep 30, 2017 | -11.54% |
| Jun 30, 2017 | -16.42% |
| Mar 31, 2017 | -15.81% |
| Dec 31, 2016 | -17.82% |
| Sep 30, 2016 | -24.75% |
| Jun 30, 2016 | -26.96% |
| Mar 31, 2016 | -28.59% |
| Dec 31, 2015 | -27.69% |
| Sep 30, 2015 | -25.04% |
| Jun 30, 2015 | -18.95% |
| Mar 31, 2015 | -19.23% |
| Mar 31, 2013 | -1.55% |