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
DateValue
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%