Growth Metrics

Q2 Holdings (QTWO) Operating Expenses (2013 - 2026)

Q2 Holdings recorded quarterly Operating Expenses of $100.2 million in Q1 2026, up 1.83% quarter-over-quarter from $98.4 million in Q4 2025, and up 1.44% year-over-year from $98.8 million in Q1 2025.

Q2 Holdings' Operating Expenses history runs 14 years deep, the most recent figure standing at $100.2 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 1.44% year-over-year to $100.2 million; the TTM figure through Mar 2026 stood at $391.2 million (down 1.98% YoY), while the FY2025 annual figure was $389.8 million, down 1.75% from the prior year.
  • Operating Expenses came in at $100.2 million for Q1 2026 at Q2 Holdings, up from $98.4 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $101.9 million in Q3 2024 to a low of $81.8 million in Q1 2022.
  • A 5-year average of $96.3 million and a median of $97.8 million in 2025 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses advanced 28.08% in 2022 and dropped 5.78% in 2025, its largest moves.
  • Q2 Holdings' Operating Expenses stood at $98.7 million in 2022, then gained by 0.73% to $99.4 million in 2023, then declined by 1.5% to $97.9 million in 2024, then climbed by 0.51% to $98.4 million in 2025, then climbed by 1.83% to $100.2 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $100.2 million, $98.4 million, and $97.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn -7.98 Bn
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 6.82 Bn
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn 11.28 Bn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn 1.16 Bn
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn 2.33 Bn
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn 1.04 Bn
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 3.32 Bn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 4.23 Bn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 4.54 Bn
10 Q2 Holdings 2.88 Bn 2.71 Bn 127.91 Mn 100.23 Mn

Historic Data

Download Data 🔒
DateValue
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
Jun 30, 2021 75.28 Mn
Mar 31, 2021 70.71 Mn
Dec 31, 2020 64.99 Mn
Sep 30, 2020 66.29 Mn
Jun 30, 2020 76.69 Mn
Mar 31, 2020 66.48 Mn
Dec 31, 2019 63.90 Mn
Sep 30, 2019 52.65 Mn
Jun 30, 2019 51.95 Mn
Mar 31, 2019 51.26 Mn
Dec 31, 2018 44.44 Mn
Sep 30, 2018 37.67 Mn
Jun 30, 2018 35.95 Mn
Mar 31, 2018 33.04 Mn
Dec 31, 2017 31.46 Mn
Sep 30, 2017 30.23 Mn
Jun 30, 2017 31.01 Mn
Mar 31, 2017 28.70 Mn
Dec 31, 2016 28.35 Mn
Sep 30, 2016 28.03 Mn
Jun 30, 2016 26.76 Mn
Mar 31, 2016 25.38 Mn
Dec 31, 2015 22.15 Mn
Sep 30, 2015 19.83 Mn
Jun 30, 2015 17.13 Mn
Mar 31, 2015 15.47 Mn
Dec 31, 2014 13.94 Mn
Sep 30, 2014 13.37 Mn
Jun 30, 2014 12.88 Mn
Mar 31, 2014 11.96 Mn
Dec 31, 2013 11.11 Mn
Sep 30, 2013 10.15 Mn
Jun 30, 2013 9.21 Mn
Mar 31, 2013 7.26 Mn