Q2 Holdings (QTWO) Operating Expenses (2013 - 2026)
Q2 Holdings' (QTWO) quarterly Operating Expenses came in at $100.9 million in Q2 2026, up 6.48% year-over-year from $94.7 million in Q2 2025, and up 0.63% quarter-over-quarter from $100.2 million in Q1 2026.
Analysis
Q2 Holdings (QTWO) Operating Expenses (2013 - 2026) Analysis & Trends
Q2 Holdings has disclosed Operating Expenses across 14 years of filings, most recently posting $100.9 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 6.48% year-over-year to $100.9 million; the TTM figure through Jun 2026 stood at $397.3 million (up 1.03% YoY), while the FY2025 annual figure was $389.8 million, down 1.75% from the prior year.
- Operating Expenses came in at $100.9 million for Q2 2026 at Q2 Holdings, up from $100.2 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.
- Average Operating Expenses over 5 years is $96.5 million, with a median of $97.9 million recorded in 2024.
- Year-over-year, Operating Expenses advanced 28.08% in 2022 and dropped 5.78% in 2025.
- Over 5 years, Operating Expenses stood at $98.7 million in 2022, then rose by 0.73% to $99.4 million in 2023, then dropped by 1.5% to $97.9 million in 2024, then advanced by 0.51% to $98.4 million in 2025, then rose by 2.48% to $100.9 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $100.9 million in Q2 2026, $100.2 million in Q1 2026, and $98.4 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Chime Financial | 12.78 Bn | 11.72 Bn | 594.87 Mn | 573.55 Mn |
| 2 | Jack Henry & Associates | 11.61 Bn | 11.60 Bn | 273.85 Mn | 507.25 Mn |
| 3 | Dave | 4.36 Bn | 4.10 Bn | 159.27 Mn | 118.55 Mn |
| 4 | Q2 Holdings | 3.87 Bn | 3.77 Bn | 130.20 Mn | 100.86 Mn |
| 5 | nCino | 2.43 Bn | 2.36 Bn | 100.77 Mn | 87.16 Mn |
| 6 | Alkami Technology | 2.11 Bn | 2.02 Bn | 73.81 Mn | 81.52 Mn |
Historic Data
Download Data
Historic 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 |