Q2 Holdings (QTWO) Price to FCF (2018 - 2026)
Q2 Holdings' (QTWO) Price to FCF was 14.07 for Q2 2026, down 58.5% from 33.87 a year earlier and down 4.3% from the prior quarter.
Analysis
Q2 Holdings (QTWO) Price to FCF (2018 - 2026) Analysis & Trends
For FY2025, Price to FCF at Q2 Holdings was 23.26, down 50.9% from FY2024.
- By year, Price to FCF came in at 47.36 in FY2024 (+19.4%), 39.66 in FY2023 (-35.0%), 61.04 in FY2022 (-84.7%) and 398.87 in FY2021.
- The Q2 2026 figure ranks as the lowest quarterly Price to FCF in data going back to Q1 2018.
- Year over year, Price to FCF has now declined in each of the last six quarters, with an average decline of 20.8% over the last eight quarters.
- The high point for year-over-year Price to FCF in five years was Q2 2022 (growth of 236.1%); the low point was Q2 2023 (a decline of 98.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 14.70 (Q1 2026), 23.26 (Q4 2025) and 25.92 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coinbase Global | 49.17 Bn | 5.98 Bn | - |
| 2 | PayPal Holdings | 45.28 Bn | 3.51 Bn | - |
| 3 | Block | 44.18 Bn | 15.44 Bn | 3.17 Bn |
| 4 | Iren | 31.11 Bn | 18.70 Bn | 103.89 Mn |
| 5 | Corpay | 25.52 Bn | 15.72 Bn | - |
| 6 | Fiserv | 24.03 Bn | 20.73 Bn | 2.90 Bn |
| 7 | Global Payments | 21.72 Bn | 155.29 Mn | 2.03 Bn |
| 8 | Bitmine Immersion Technologies | 15.32 Bn | 12.70 Bn | 40.81 Mn |
| 9 | Guidewire Software | 11.69 Bn | 8.26 Bn | 269.68 Mn |
| 10 | Q2 Holdings | 3.45 Bn | 1.97 Bn | 130.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.07 |
| Mar 31, 2026 | 14.70 |
| Dec 31, 2025 | 23.26 |
| Sep 30, 2025 | 25.92 |
| Jun 30, 2025 | 33.87 |
| Mar 31, 2025 | 31.20 |
| Dec 31, 2024 | 47.36 |
| Sep 30, 2024 | 39.19 |
| Jun 30, 2024 | 37.28 |
| Mar 31, 2024 | 42.81 |
| Dec 31, 2023 | 39.66 |
| Sep 30, 2023 | 26.72 |
| Jun 30, 2023 | 31.14 |
| Mar 31, 2023 | 39.10 |
| Dec 31, 2022 | 61.04 |
| Sep 30, 2022 | 94.77 |
| Jun 30, 2022 | 2,794.64 |
| Mar 31, 2022 | 242.21 |
| Dec 31, 2021 | 398.87 |
| Jun 30, 2021 | 831.48 |
API Access
Q2 Holdings Price to FCF 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=price-to-fcf&ticker=QTWO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-fcf", "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=price-to-fcf&ticker=QTWO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();