Q2 Holdings (QTWO) Research & Development (2013 - 2026)
Q2 Holdings (QTWO) posted Research & Development of $41.12 million for Q2 2026, up 11.4% from $36.91 million a year earlier but down 1.8% from the prior quarter.
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Analysis
Q2 Holdings (QTWO) Research & Development (2013 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Research & Development at Q2 Holdings was $162.56 million, up 10.3% year-over-year; for FY2025, it was $154.33 million, up 7.7% from FY2024.
- Annual Research & Development has increased for 13 consecutive years, with a five-year compound annual growth rate of 9.6% (FY2020 to FY2025).
- In prior years, Q2 Holdings' Research & Development was $143.24 million in FY2024 (+4.3%), $137.33 million in FY2023 (+5.6%), $130.1 million in FY2022 (+11.2%) and $116.95 million in FY2021 (+20.1%).
- Quarterly Research & Development has run from a low of $29.97 million in Q4 2021 to a high of $41.88 million in Q1 2026 over five years.
- On a year-over-year basis, Research & Development has increased in each of the last 50 quarters, with growth averaging 8.0% over the last eight quarters.
- Across the past five years, year-over-year growth in Research & Development ran from 0.7% in Q4 2023 to 30.5% in Q3 2021.
- According to Business Quant data, Research & Development for the three prior quarters was $41.88 million (Q1 2026), $40.63 million (Q4 2025) and $38.93 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | 472.85 Mn |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 849.00 Mn |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 608.66 Mn |
| 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 | 90.59 Mn |
| 10 | Q2 Holdings | 3.44 Bn | 1.95 Bn | 130.20 Mn | 41.12 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 41.12 Mn |
| Mar 31, 2026 | 41.88 Mn |
| Dec 31, 2025 | 40.63 Mn |
| Sep 30, 2025 | 38.93 Mn |
| Jun 30, 2025 | 36.91 Mn |
| Mar 31, 2025 | 37.85 Mn |
| Dec 31, 2024 | 35.72 Mn |
| Sep 30, 2024 | 36.90 Mn |
| Jun 30, 2024 | 35.76 Mn |
| Mar 31, 2024 | 34.86 Mn |
| Dec 31, 2023 | 34.27 Mn |
| Sep 30, 2023 | 34.54 Mn |
| Jun 30, 2023 | 34.10 Mn |
| Mar 31, 2023 | 34.43 Mn |
| Dec 31, 2022 | 34.04 Mn |
| Sep 30, 2022 | 33.10 Mn |
| Jun 30, 2022 | 31.83 Mn |
| Mar 31, 2022 | 31.13 Mn |
| Dec 31, 2021 | 29.97 Mn |
| Sep 30, 2021 | 30.76 Mn |
API Access
Q2 Holdings Research & Development 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=research-and-development&ticker=QTWO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=QTWO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();