Q2 Holdings (QTWO) Operating Leases (2019 - 2026)
Q2 Holdings (QTWO) reported Operating Leases of $40.2 million for Q1 2026, down 12.76% on a YoY basis from $46.1 million in Q1 2025, and up 18.88% sequentially from $33.8 million in Q4 2025.
Q2 Holdings (QTWO) Operating Leases (2019 - 2026) Analysis & Trends
Q2 Holdings (QTWO) has 8 years of Operating Leases data on file, last reported at $40.2 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Leases fell 12.76% year-over-year to $40.2 million; the trailing twelve-month figure through Mar 2026 stood at $40.2 million (down 12.76% YoY), and the FY2025 full-year result was $33.8 million, down 11.77% from the prior year.
- Operating Leases climbed to $40.2 million in Q1 2026, from $33.8 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $68.2 million in Q1 2022 to a low of $33.8 million in Q4 2025.
- A 5-year average of $48.3 million and a median of $46.1 million in 2025 frame the typical range for Operating Leases.
- Across the five-year window, Operating Leases surged 94.28% in 2022 and decreased 25.34% in 2023, its largest moves.
- Tracing QTWO's Operating Leases over 5 years: stood at $53.0 million in 2022, then declined by 13.97% to $45.6 million in 2023, then dropped by 15.89% to $38.3 million in 2024, then dropped by 11.77% to $33.8 million in 2025, then rose by 18.88% to $40.2 million in 2026.
- Business Quant data shows QTWO's Operating Leases at $40.2 million in Q1 2026, $33.8 million in Q4 2025, and $45.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn |
| 10 | Q2 Holdings | 3.30 Bn | 2.92 Bn | 127.91 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 40.22 Mn |
| Dec 31, 2025 | 33.83 Mn |
| Sep 30, 2025 | 45.15 Mn |
| Jun 30, 2025 | 36.52 Mn |
| Mar 31, 2025 | 46.10 Mn |
| Dec 31, 2024 | 38.35 Mn |
| Sep 30, 2024 | 50.14 Mn |
| Jun 30, 2024 | 41.77 Mn |
| Mar 31, 2024 | 44.43 Mn |
| Dec 31, 2023 | 45.59 Mn |
| Sep 30, 2023 | 55.96 Mn |
| Jun 30, 2023 | 48.70 Mn |
| Mar 31, 2023 | 50.93 Mn |
| Dec 31, 2022 | 52.99 Mn |
| Sep 30, 2022 | 64.74 Mn |
| Jun 30, 2022 | 56.65 Mn |
| Mar 31, 2022 | 68.22 Mn |
| Dec 31, 2021 | 61.37 Mn |
| Sep 30, 2021 | 63.70 Mn |
| Jun 30, 2021 | 66.28 Mn |