Q2 Holdings (QTWO) Operating Expenses (2013 - 2026)
Q2 Holdings (QTWO) reported Operating Expenses of $100.2 million for Q1 2026, up 1.44% on a YoY basis from $98.8 million in Q1 2025, and up 1.83% sequentially from $98.4 million in Q4 2025.
Q2 Holdings (QTWO) Operating Expenses (2013 - 2026) Analysis & Trends
Q2 Holdings (QTWO) has 14 years of Operating Expenses data on file, last reported at $100.2 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 1.44% year-over-year to $100.2 million; the trailing twelve-month figure through Mar 2026 stood at $391.2 million (down 1.98% YoY), and the FY2025 full-year result was $389.8 million, down 1.75% from the prior year.
- Operating Expenses improved to $100.2 million in Q1 2026, 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 gained 28.08% in 2022 and slipped 5.78% in 2025, its largest moves.
- Tracing QTWO's Operating Expenses over 5 years: stood at $98.7 million in 2022, then increased by 0.73% to $99.4 million in 2023, then slipped by 1.5% to $97.9 million in 2024, then gained by 0.51% to $98.4 million in 2025, then gained by 1.83% to $100.2 million in 2026.
- Business Quant data shows QTWO's Operating Expenses at $100.2 million in Q1 2026, $98.4 million in Q4 2025, and $97.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -269.42 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 1.16 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 11.28 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 6.22 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 2.66 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 4.23 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 1.25 Bn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 1.04 Bn |
| 10 | Q2 Holdings | 3.30 Bn | 2.92 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 |