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| Date | Value |
|---|---|
| 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 |