Q2 Holdings (QTWO) Net Margin (2013 - 2026)
Q2 Holdings (QTWO) reported Net Margin of 12.3% for Q1 2026, up 980.0% on a YoY basis from 1.14% in Q1 2025, and up 25.32% sequentially from 9.82% in Q4 2025.
Q2 Holdings (QTWO) Net Margin (2013 - 2026) Analysis & Trends
Q2 Holdings (QTWO) has 13 years of Net Margin data on file, last reported at 12.3% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 980.0% year-over-year to 12.3%; the trailing twelve-month figure through Mar 2026 stood at 8.99% (up 1176.0% YoY), and the FY2025 full-year result was 6.54%, up 1208.0% from the prior year.
- Net Margin advanced to 12.3% in Q1 2026, 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 soared 1723 bps in 2023 and plunged 803 bps in 2024, its largest moves.
- Tracing QTWO's Net Margin over 5 years: stood at 22.12% in 2022, then surged by 50 bps to 11.15% in 2023, then surged by 101 bps to 0.09% in 2024, then surged by 10858 bps to 9.82% in 2025, then gained by 25 bps to 12.3% in 2026.
- Business Quant data shows QTWO's Net Margin at 12.3% in Q1 2026, 9.82% in Q4 2025, and 7.46% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 20.22% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | -18.33% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 2.29% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 18.93% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 7.47% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 22.90% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -21.25% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 22.77% |
| 10 | Q2 Holdings | 3.30 Bn | 2.92 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% |