Q2 Holdings (QTWO) Tax Rate (2013 - 2026)
Q2 Holdings recorded quarterly Tax Rate of 10.47% in Q1 2026, up 545.36% quarter-over-quarter from 1.62% in Q4 2025, and up 117.0% year-over-year from 4.82% in Q1 2025.
Q2 Holdings' Tax Rate history runs 14 years deep, the most recent figure standing at 10.47% for Q1 2026.
- In Q1 2026, Tax Rate rose 117.0% year-over-year to 10.47%; the TTM figure through Mar 2026 stood at 6.74% (up 5631.0% YoY), while the FY2025 annual figure was 4.96%, up 2984.0% from the prior year.
- Tax Rate came in at 10.47% for Q1 2026 at Q2 Holdings, up 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 surged 10438 bps in 2024 and slumped 8991 bps in 2025, its largest moves.
- Q2 Holdings' Tax Rate stood at 2.32% in 2022, then tumbled by 454 bps to 12.85% in 2023, then soared by 812 bps to 91.53% in 2024, then slumped by 98 bps to 1.62% in 2025, then jumped by 545 bps to 10.47% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 10.47%, 1.62%, and 1.05% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 25.31 |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 39.11 |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 8.36 |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 30.31 |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 21.59 |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 22.01 |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 23.68 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 24.29 |
| 10 | Q2 Holdings | 2.88 Bn | 2.71 Bn | 127.91 Mn | 10.47 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.47 |
| Mar 31, 2026 | 10.47 |
| Dec 31, 2025 | 1.62 |
| Dec 31, 2025 | 1.62 |
| Sep 30, 2025 | 1.05 |
| Sep 30, 2025 | 1.05 |
| Jun 30, 2025 | 12.84 |
| Jun 30, 2025 | 12.84 |
| Mar 31, 2025 | 9.29 |
| Mar 31, 2025 | 9.29 |
| Dec 31, 2024 | 91.53 |
| Dec 31, 2024 | 91.53 |
| Sep 30, 2024 | -23.70 |
| Sep 30, 2024 | -23.70 |
| Jun 30, 2024 | -19.04 |
| Jun 30, 2024 | -19.04 |
| Mar 31, 2024 | -12.65 |
| Mar 31, 2024 | -12.65 |
| Dec 31, 2023 | -12.85 |
| Dec 31, 2023 | -12.85 |
| Sep 30, 2023 | -4.54 |
| Sep 30, 2023 | -4.54 |
| Jun 30, 2023 | -2.07 |
| Jun 30, 2023 | -2.07 |
| Mar 31, 2023 | -3.61 |
| Mar 31, 2023 | -3.61 |
| Dec 31, 2022 | -2.32 |
| Dec 31, 2022 | -2.32 |
| Sep 30, 2022 | -1.72 |
| Sep 30, 2022 | -1.72 |
| Jun 30, 2022 | -1.37 |
| Jun 30, 2022 | -1.37 |
| Mar 31, 2022 | -6.15 |
| Mar 31, 2022 | -6.15 |
| Dec 31, 2021 | -2.98 |
| Dec 31, 2021 | -2.98 |
| Sep 30, 2021 | -1.92 |
| Sep 30, 2021 | -1.92 |
| Jun 30, 2021 | -0.59 |
| Jun 30, 2021 | -0.59 |
| Mar 31, 2021 | -0.53 |
| Mar 31, 2021 | -0.53 |
| Dec 31, 2020 | -2.15 |
| Dec 31, 2020 | -2.15 |
| Sep 30, 2020 | -0.44 |
| Sep 30, 2020 | -0.44 |
| Jun 30, 2020 | -0.17 |
| Jun 30, 2020 | -0.17 |
| Mar 31, 2020 | -1.31 |
| Mar 31, 2020 | -1.31 |
| Dec 31, 2019 | 43.74 |
| Dec 31, 2019 | 43.74 |
| Sep 30, 2019 | 0.17 |
| Sep 30, 2019 | 0.17 |
| Jun 30, 2019 | 1.35 |
| Jun 30, 2019 | 1.35 |
| Mar 31, 2019 | 0.20 |
| Mar 31, 2019 | 0.20 |
| Dec 31, 2018 | 21.12 |
| Dec 31, 2018 | 21.12 |
| Sep 30, 2018 | 3.14 |
| Sep 30, 2018 | 3.14 |
| Jun 30, 2018 | 1.74 |
| Jun 30, 2018 | 1.74 |
| Mar 31, 2018 | 3.00 |
| Mar 31, 2018 | 3.00 |
| Dec 31, 2017 | 10.82 |
| Dec 31, 2017 | 10.82 |
| Sep 30, 2017 | -0.05 |
| Sep 30, 2017 | -0.05 |
| Jun 30, 2017 | -2.85 |
| Jun 30, 2017 | -2.85 |
| Mar 31, 2017 | -1.97 |
| Mar 31, 2017 | -1.97 |
| Dec 31, 2016 | -1.31 |
| Dec 31, 2016 | -1.31 |
| Sep 30, 2016 | -1.03 |
| Sep 30, 2016 | -1.03 |
| Jun 30, 2016 | -0.03 |
| Jun 30, 2016 | -0.03 |
| Mar 31, 2016 | -2.44 |
| Mar 31, 2016 | -2.44 |
| Dec 31, 2015 | -1.17 |
| Dec 31, 2015 | -1.17 |
| Sep 30, 2015 | -1.14 |
| Sep 30, 2015 | -1.14 |
| Jun 30, 2015 | -0.24 |
| Jun 30, 2015 | -0.24 |
| Mar 31, 2015 | -0.69 |
| Mar 31, 2015 | -0.69 |
| Dec 31, 2014 | -0.42 |
| Dec 31, 2014 | -0.42 |
| Sep 30, 2014 | -0.39 |
| Sep 30, 2014 | -0.39 |
| Jun 30, 2014 | -0.32 |
| Jun 30, 2014 | -0.32 |
| Mar 31, 2014 | -0.32 |
| Mar 31, 2014 | -0.32 |
| Dec 31, 2013 | -0.34 |
| Dec 31, 2013 | -0.34 |
| Sep 30, 2013 | -0.27 |
| Sep 30, 2013 | -0.27 |
| Jun 30, 2013 | -0.38 |
| Jun 30, 2013 | -0.38 |
| Mar 31, 2013 | -0.22 |
| Mar 31, 2013 | -0.22 |