Growth Metrics

Q2 Holdings (QTWO) Operating Leases (2019 - 2026)

Q2 Holdings recorded quarterly Operating Leases of $40.2 million in Q1 2026, up 18.88% quarter-over-quarter from $33.8 million in Q4 2025, and down 12.76% year-over-year from $46.1 million in Q1 2025.

Q2 Holdings' Operating Leases history runs 8 years deep, the most recent figure standing at $40.2 million for Q1 2026.

  • In Q1 2026, Operating Leases fell 12.76% year-over-year to $40.2 million; the TTM figure through Mar 2026 stood at $40.2 million (down 12.76% YoY), while the FY2025 annual figure was $33.8 million, down 11.77% from the prior year.
  • Operating Leases came in at $40.2 million for Q1 2026 at Q2 Holdings, up 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 $47.7 million and a median of $46.1 million in 2025 frame the typical range for Operating Leases.
  • Across the five-year window, Operating Leases jumped 63.7% in 2022 and slipped 28.08% in 2025, its largest moves.
  • Q2 Holdings' Operating Leases stood at $53.0 million in 2022, then retreated by 13.97% to $45.6 million in 2023, then fell by 15.89% to $38.3 million in 2024, then fell by 11.77% to $33.8 million in 2025, then advanced by 18.88% to $40.2 million in 2026.
  • According to Business Quant data, Operating Leases over the past three periods registered $40.2 million, $33.8 million, and $36.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn
10 Q2 Holdings 2.88 Bn 2.71 Bn 127.91 Mn

Historic Data

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DateValue
Mar 31, 2026 40.22 Mn
Dec 31, 2025 33.83 Mn
Sep 30, 2025 36.06 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 72.36 Mn
Jun 30, 2021 74.12 Mn
Mar 31, 2021 41.68 Mn
Dec 31, 2020 36.74 Mn
Sep 30, 2020 31.84 Mn
Jun 30, 2020 33.71 Mn
Mar 31, 2020 33.72 Mn
Dec 31, 2019 36.08 Mn
Sep 30, 2019 30.31 Mn
Jun 30, 2019 26.53 Mn
Mar 31, 2019 34.54 Mn