Q2 Holdings (QTWO) Research & Development (2013 - 2026)

Q2 Holdings (QTWO) reported Research & Development of $41.9 million for Q1 2026, up 10.64% on a YoY basis from $37.9 million in Q1 2025, and up 634.12% sequentially from -$7.8 million in Q4 2025.

Q2 Holdings (QTWO) Research & Development (2013 - 2026) Analysis & Trends

Q2 Holdings (QTWO) has 14 years of Research & Development data on file, last reported at $41.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Research & Development rose 10.64% year-over-year to $41.9 million; the trailing twelve-month figure through Mar 2026 stood at $87.5 million (down 10.37% YoY), and the FY2025 full-year result was $105.9 million, changed 0.09% from the prior year.
  • Research & Development advanced to $41.9 million in Q1 2026, from -$7.8 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $41.9 million in Q1 2026 to a low of -$7.8 million in Q4 2025.
  • A 5-year average of $25.8 million and a median of $28.1 million in 2023 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development jumped 182.02% in 2023 and slumped 399.11% in 2025, its largest moves.
  • Tracing QTWO's Research & Development over 5 years: stood at $12.2 million in 2022, then jumped by 182.02% to $34.3 million in 2023, then slumped by 104.58% to -$1.6 million in 2024, then tumbled by 399.11% to -$7.8 million in 2025, then jumped by 634.12% to $41.9 million in 2026.
  • Business Quant data shows QTWO's Research & Development at $41.9 million in Q1 2026, -$7.8 million in Q4 2025, and $26.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -1.99 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -37.02 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 496.00 Mn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 1.33 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 3.77 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 1.37 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 253.90 Mn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 588.95 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 508.44 Mn
10 Q2 Holdings 3.30 Bn 2.92 Bn 127.91 Mn 41.88 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 41.88 Mn
Dec 31, 2025 -7.84 Mn
Sep 30, 2025 26.40 Mn
Jun 30, 2025 27.04 Mn
Mar 31, 2025 37.85 Mn
Dec 31, 2024 -1.57 Mn
Sep 30, 2024 25.56 Mn
Jun 30, 2024 35.76 Mn
Mar 31, 2024 25.45 Mn
Dec 31, 2023 34.27 Mn
Sep 30, 2023 34.54 Mn
Jun 30, 2023 28.70 Mn
Mar 31, 2023 28.14 Mn
Dec 31, 2022 12.15 Mn
Sep 30, 2022 33.10 Mn
Jun 30, 2022 26.48 Mn
Mar 31, 2022 31.13 Mn
Dec 31, 2021 22.50 Mn
Sep 30, 2021 30.76 Mn
Jun 30, 2021 20.59 Mn