Q2 Holdings (QTWO) Research & Development (2013 - 2026)
Q2 Holdings' (QTWO) quarterly Research & Development came in at $41.1 million in Q2 2026, up 11.38% year-over-year from $36.9 million in Q2 2025, and down 1.83% quarter-over-quarter from $41.9 million in Q1 2026.
Analysis
Q2 Holdings (QTWO) Research & Development (2013 - 2026) Analysis & Trends
Q2 Holdings has disclosed Research & Development across 14 years of filings, most recently posting $41.1 million for Q2 2026.
- In Q2 2026, Research & Development rose 11.38% year-over-year to $41.1 million; the TTM figure through Jun 2026 stood at $162.6 million (up 10.29% YoY), while the FY2025 annual figure was $154.3 million, up 7.74% from the prior year.
- Research & Development came in at $41.1 million for Q2 2026 at Q2 Holdings, down from $41.9 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 $31.1 million in Q1 2022.
- Average Research & Development over 5 years is $36.0 million, with a median of $35.3 million recorded in 2024.
- Year-over-year, Research & Development advanced 16.18% in 2022 and grew 0.68% in 2023.
- Over 5 years, Research & Development stood at $34.0 million in 2022, then increased by 0.68% to $34.3 million in 2023, then grew by 4.23% to $35.7 million in 2024, then gained by 13.74% to $40.6 million in 2025, then climbed by 1.19% to $41.1 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $41.1 million in Q2 2026, $41.9 million in Q1 2026, and $40.6 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Chime Financial | 12.78 Bn | 11.72 Bn | 594.87 Mn | 164.16 Mn |
| 2 | Jack Henry & Associates | 11.61 Bn | 11.60 Bn | 273.85 Mn | 49.83 Mn |
| 3 | Dave | 4.36 Bn | 4.10 Bn | 159.27 Mn | - |
| 4 | Q2 Holdings | 3.87 Bn | 3.77 Bn | 130.20 Mn | 41.12 Mn |
| 5 | nCino | 2.43 Bn | 2.36 Bn | 100.77 Mn | 36.95 Mn |
| 6 | Alkami Technology | 2.11 Bn | 2.02 Bn | 73.81 Mn | 31.40 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 |