Q2 Holdings (QTWO) Operating Leases (2019 - 2026)
Q2 Holdings' Operating Leases came in at $32.24 million for Q2 2026, down 11.7% from $36.52 million a year earlier but up 2.1% from the prior quarter.
Analysis
Q2 Holdings (QTWO) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Q2 Holdings' Operating Leases was $33.83 million, down 11.8% from FY2024.
- Operating Leases has declined in each of the last four years, with a five-year compound annual growth rate of -1.6% (FY2020 to FY2025).
- Going back by year, Operating Leases was $38.35 million in FY2024 (-15.9%), $45.59 million in FY2023 (-14.0%), $52.99 million in FY2022 (-13.7%) and $61.37 million in FY2021 (+67.1%).
- The five-year range for quarterly Operating Leases is $31.59 million (Q1 2026) to $63.7 million (Q3 2021).
- Year-over-year, Operating Leases has declined for 17 consecutive quarters, with an average decline of 13.4% over the last eight quarters.
- The fastest year-over-year change in Operating Leases over five years came in Q3 2021 (growth of 100.1%), and the weakest in Q1 2025 (a decline of 18.9%).
- Business Quant data shows QTWO's Operating Leases at $31.59 million (Q1 2026), $33.83 million (Q4 2025) and $36.06 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn |
| 10 | Q2 Holdings | 3.44 Bn | 1.95 Bn | 130.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.24 Mn |
| Mar 31, 2026 | 31.59 Mn |
| Dec 31, 2025 | 33.83 Mn |
| Sep 30, 2025 | 36.06 Mn |
| Jun 30, 2025 | 36.52 Mn |
| Mar 31, 2025 | 36.02 Mn |
| Dec 31, 2024 | 38.35 Mn |
| Sep 30, 2024 | 39.36 Mn |
| Jun 30, 2024 | 41.77 Mn |
| Mar 31, 2024 | 44.43 Mn |
| Dec 31, 2023 | 45.59 Mn |
| Sep 30, 2023 | 46.89 Mn |
| Jun 30, 2023 | 48.70 Mn |
| Mar 31, 2023 | 50.93 Mn |
| Dec 31, 2022 | 52.99 Mn |
| Sep 30, 2022 | 55.29 Mn |
| Jun 30, 2022 | 56.65 Mn |
| Mar 31, 2022 | 59.01 Mn |
| Dec 31, 2021 | 61.37 Mn |
| Sep 30, 2021 | 63.70 Mn |
API Access
Q2 Holdings Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=QTWO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "QTWO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=QTWO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();