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| Date | Value |
|---|---|
| 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 |