Q2 Holdings (QTWO) Tax Rate (2013 - 2026)
Q2 Holdings' (QTWO) quarterly Tax Rate came in at 5.86% in Q2 2026, down 698.0% year-over-year from 0.98% in Q2 2025, and down 44.0% quarter-over-quarter from 10.47% in Q1 2026.
Analysis
Q2 Holdings (QTWO) Tax Rate (2013 - 2026) Analysis & Trends
Q2 Holdings has disclosed Tax Rate across 14 years of filings, most recently posting 5.86% for Q2 2026.
- In Q2 2026, Tax Rate fell 698.0% year-over-year to 5.86%; the TTM figure through Jun 2026 stood at 5.61% (down 5053.0% YoY), while the FY2025 annual figure was 4.96%, up 2984.0% from the prior year.
- Tax Rate came in at 5.86% for Q2 2026 at Q2 Holdings, down from 10.47% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 91.53% in Q4 2024 to a low of 23.7% in Q3 2024.
- Average Tax Rate over 5 years is 2.37%, with a median of 1.89% recorded in 2023.
- Year-over-year, Tax Rate surged 10438 bps in 2024 and slumped 8991 bps in 2025.
- Over 5 years, Tax Rate stood at 2.32% in 2022, then slumped by 454 bps to 12.85% in 2023, then surged by 812 bps to 91.53% in 2024, then sank by 98 bps to 1.62% in 2025, then surged by 261 bps to 5.86% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 5.86% in Q2 2026, 10.47% in Q1 2026, and 1.62% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Chime Financial | 12.78 Bn | 11.72 Bn | 594.87 Mn | 0.76% |
| 2 | Jack Henry & Associates | 11.61 Bn | 11.60 Bn | 273.85 Mn | 20.40% |
| 3 | Dave | 4.36 Bn | 4.10 Bn | 159.27 Mn | 54.42% |
| 4 | Q2 Holdings | 3.87 Bn | 3.77 Bn | 130.20 Mn | 5.86% |
| 5 | nCino | 2.43 Bn | 2.36 Bn | 100.77 Mn | 19.26% |
| 6 | Alkami Technology | 2.11 Bn | 2.02 Bn | 73.81 Mn | 2.33% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.86% |
| Mar 31, 2026 | 10.47% |
| Dec 31, 2025 | 1.62% |
| Sep 30, 2025 | 1.05% |
| Jun 30, 2025 | 12.84% |
| Mar 31, 2025 | 9.29% |
| Dec 31, 2024 | 91.53% |
| Sep 30, 2024 | -23.70% |
| Jun 30, 2024 | -19.04% |
| Mar 31, 2024 | -12.65% |
| Dec 31, 2023 | -12.85% |
| Sep 30, 2023 | -4.54% |
| Jun 30, 2023 | -2.07% |
| Mar 31, 2023 | -3.61% |
| Dec 31, 2022 | -2.32% |
| Sep 30, 2022 | -1.72% |
| Jun 30, 2022 | -1.37% |
| Mar 31, 2022 | -6.15% |
| Dec 31, 2021 | -2.98% |
| Sep 30, 2021 | -1.92% |