Q2 Holdings (QTWO) Operating Expenses (2013 - 2026)
Q2 Holdings (QTWO) posted Operating Expenses of $100.9 million for Q2 2026, up 0.63% sequentially from $100.2 million in Q1 2026, and up 6.48% YoY from $94.7 million in Q2 2025.
Q2 Holdings (QTWO) Operating Expenses (2013 - 2026) Analysis & Trends
Q2 Holdings has reported Operating Expenses for 14 years, with the latest figure at $100.9 million in Q2 2026.
- Quarterly Operating Expenses rose 6.48% year-over-year to $100.9 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $397.3 million (up 1.03% YoY) and the FY2025 annual result came in at $389.8 million, down 1.75% from the prior year.
- Operating Expenses climbed to $100.9 million in Q2 2026 per QTWO's latest filing, from $100.2 million in the prior quarter.
- Over five years, Operating Expenses peaked at $101.9 million in Q3 2024 and troughed at $81.8 million in Q1 2022.
- A 5-year average of $96.5 million and a median of $97.9 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses climbed 28.08% in 2022, then declined 5.78% in 2025.
- Over 5 years, Operating Expenses stood at $98.7 million in 2022, then advanced by 0.73% to $99.4 million in 2023, then fell by 1.5% to $97.9 million in 2024, then grew by 0.51% to $98.4 million in 2025, then advanced by 2.48% to $100.9 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $100.9 million, $100.2 million, and $98.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -16.33 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.22 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 6.22 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 12.30 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 2.66 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 1.25 Bn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 4.34 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 3.67 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.54 Bn |
| 10 | Q2 Holdings | 4.04 Bn | 3.93 Bn | 130.20 Mn | 100.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 100.86 Mn |
| Mar 31, 2026 | 100.23 Mn |
| Dec 31, 2025 | 98.42 Mn |
| Sep 30, 2025 | 97.84 Mn |
| Jun 30, 2025 | 94.72 Mn |
| Mar 31, 2025 | 98.80 Mn |
| Dec 31, 2024 | 97.92 Mn |
| Sep 30, 2024 | 101.86 Mn |
| Jun 30, 2024 | 100.53 Mn |
| Mar 31, 2024 | 96.44 Mn |
| Dec 31, 2023 | 99.41 Mn |
| Sep 30, 2023 | 97.31 Mn |
| Jun 30, 2023 | 97.50 Mn |
| Mar 31, 2023 | 94.50 Mn |
| Dec 31, 2022 | 98.69 Mn |
| Sep 30, 2022 | 93.95 Mn |
| Jun 30, 2022 | 86.67 Mn |
| Mar 31, 2022 | 81.80 Mn |
| Dec 31, 2021 | 77.05 Mn |
| Sep 30, 2021 | 79.98 Mn |