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
DateValue
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