Q2 Holdings (QTWO) Shares Outstanding (Diluted) (2019 - 2026)
Q2 Holdings' Shares Outstanding (Diluted) came in at 65.42 million for Q2 2026, down 6.1% from 69.64 million a year earlier and down 3.3% from the prior quarter.
Q2 Holdings (QTWO) Shares Outstanding (Diluted) (2019 - 2026) Analysis & Trends
For FY2025, Q2 Holdings' Shares Outstanding (Diluted) was 65.12 million, up 8.3% from FY2024.
- Shares Outstanding (Diluted) has increased in each of the last six years, with a five-year compound annual growth rate of 4.6% (FY2020 to FY2025).
- Going back by year, Shares Outstanding (Diluted) was 60.11 million in FY2024 (+3.0%), 58.35 million in FY2023 (+1.8%), 57.3 million in FY2022 (+1.6%) and 56.39 million in FY2021 (+8.4%).
- The five-year range for quarterly Shares Outstanding (Diluted) is 56.39 million (Q4 2021) to 69.86 million (Q3 2025).
- Year-over-year, Shares Outstanding (Diluted) increased in seven of the last eight quarters, with growth averaging 6.7%.
- The fastest year-over-year change in Shares Outstanding (Diluted) over five years came in Q3 2025 (growth of 15.8%), and the weakest in Q2 2026 (a decline of 6.1%).
- Business Quant data shows QTWO's Shares Outstanding (Diluted) at 67.65 million (Q1 2026), 65.12 million (Q4 2025) and 69.86 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | 263.41 Mn |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 882.00 Mn |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 608.85 Mn |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | 316.12 Mn |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 66.33 Mn |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 533.70 Mn |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 270.12 Mn |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | 443.95 Mn |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 85.41 Mn |
| 10 | Q2 Holdings | 3.44 Bn | 1.95 Bn | 130.20 Mn | 65.42 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 65.42 Mn |
| Mar 31, 2026 | 67.65 Mn |
| Dec 31, 2025 | 65.12 Mn |
| Sep 30, 2025 | 69.86 Mn |
| Jun 30, 2025 | 69.64 Mn |
| Mar 31, 2025 | 64.82 Mn |
| Dec 31, 2024 | 60.11 Mn |
| Sep 30, 2024 | 60.31 Mn |
| Jun 30, 2024 | 60.16 Mn |
| Mar 31, 2024 | 59.45 Mn |
| Dec 31, 2023 | 58.35 Mn |
| Sep 30, 2023 | 58.49 Mn |
| Jun 30, 2023 | 58.29 Mn |
| Mar 31, 2023 | 57.89 Mn |
| Dec 31, 2022 | 57.30 Mn |
| Sep 30, 2022 | 57.36 Mn |
| Jun 30, 2022 | 57.23 Mn |
| Mar 31, 2022 | 57.02 Mn |
| Dec 31, 2021 | 56.39 Mn |
| Sep 30, 2021 | 56.56 Mn |
Q2 Holdings Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=QTWO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=QTWO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();