Q2 Holdings (QTWO) Tax Rate (2013 - 2026)

Q2 Holdings (QTWO) reported Tax Rate of 10.47% for Q1 2026, up 117.0% on a YoY basis from 4.82% in Q1 2025, and up 545.36% sequentially from 1.62% in Q4 2025.

Q2 Holdings (QTWO) Tax Rate (2013 - 2026) Analysis & Trends

Q2 Holdings (QTWO) has 14 years of Tax Rate data on file, last reported at 10.47% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate rose 117.0% year-over-year to 10.47%; the trailing twelve-month figure through Mar 2026 stood at 6.74% (up 5631.0% YoY), and the FY2025 full-year result was 4.96%, up 2984.0% from the prior year.
  • Tax Rate rose to 10.47% in Q1 2026, from 1.62% 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.
  • A 5-year average of 2.16% and a median of 2.07% in 2023 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate jumped 10438 bps in 2024 and sank 8991 bps in 2025, its largest moves.
  • Tracing QTWO's Tax Rate over 5 years: stood at 2.32% in 2022, then sank by 454 bps to 12.85% in 2023, then jumped by 812 bps to 91.53% in 2024, then plunged by 98 bps to 1.62% in 2025, then surged by 545 bps to 10.47% in 2026.
  • Business Quant data shows QTWO's Tax Rate at 10.47% in Q1 2026, 1.62% in Q4 2025, and 1.05% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -29.13%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -18.42%
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 8.36%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 39.11%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 22.57%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 31.96%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 23.68%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 0.37%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 21.59%
10 Q2 Holdings 3.30 Bn 2.92 Bn 127.91 Mn 10.47%

Historic Data

Download Data
DateValue
Mar 31, 2026 10.47%
Mar 31, 2026 10.47%
Mar 31, 2026 10.47%
Dec 31, 2025 1.62%
Dec 31, 2025 1.62%
Dec 31, 2025 1.62%
Sep 30, 2025 1.05%
Sep 30, 2025 1.05%
Sep 30, 2025 1.05%
Jun 30, 2025 12.84%
Jun 30, 2025 12.84%
Jun 30, 2025 12.84%
Mar 31, 2025 9.29%
Mar 31, 2025 9.29%
Mar 31, 2025 9.29%
Dec 31, 2024 91.53%
Dec 31, 2024 91.53%
Dec 31, 2024 91.53%
Sep 30, 2024 -23.70%
Sep 30, 2024 -23.70%