Q2 Holdings (QTWO) Net Margin (2013 - 2026)
Q2 Holdings' (QTWO) quarterly Net Margin came in at 12.3% in Q1 2026, up 980.0% year-on-year from 1.14% in Q1 2025, and up 25.32% quarter-over-quarter from 9.82% in Q4 2025.
Q2 Holdings (QTWO) Net Margin (2013 - 2026) Analysis & Trends
Q2 Holdings has disclosed Net Margin across 13 years of filings, most recently posting 12.3% for Q1 2026.
- Net Margin for Q1 2026 came in at 12.3%, up 980.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 8.99% (up 1176.0% YoY), and the FY2025 annual result 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.
- The 5-year median for Net Margin is 7.55% (2024), against an average of 6.06%.
- Across the five-year window, Net Margin soared 1723 bps in 2023 and slumped 803 bps in 2024, its largest moves.
- Q2 Holdings' Net Margin stood at 22.12% in 2022, then soared by 50 bps to 11.15% in 2023, then soared by 101 bps to 0.09% in 2024, then soared by 10858 bps to 9.82% in 2025, then advanced by 25 bps to 12.3% in 2026.
- The last three Net Margin figures came in at 12.3% (Q1 2026), 9.82% (Q4 2025), and 7.46% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 20.22% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 2.29% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | -18.33% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 18.74% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 22.77% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 12.44% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 22.90% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 25.87% |
| 10 | Q2 Holdings | 2.81 Bn | 2.65 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% |