Q2 Holdings (QTWO) Tax Rate (2024 - 2026)
Q2 Holdings (QTWO) reported Tax Rate of 5.86% for Q2 2026, down 6.98 percentage points from 12.84% a year earlier and down 4.60 percentage points from the prior quarter.
Q2 Holdings (QTWO) Tax Rate (2024 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Q2 Holdings' Tax Rate came in at 5.61%, down 50.53 percentage points year-over-year; for FY2025, it was 4.96%, up 29.84 percentage points from FY2024.
- Tax Rate has a five-year change of +6.00 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at -24.87% in FY2024 (-19.11 pp), -5.76% in FY2023 (-3.02 pp), -2.74% in FY2022 (-1.26 pp) and -1.48% in FY2021 (-0.44 pp).
- Five-year quarterly Tax Rate spans a low of -23.70% in Q3 2024 and a high of 91.53% in Q4 2024.
- Year over year, Tax Rate gained in five of the last eight quarters, with an average year-over-year change of +8.51 percentage points.
- The high point for year-over-year Tax Rate in five years was Q4 2024 (a gain of 104.38 percentage points); the low point was Q4 2025 (a drop of 89.91 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 10.47% (Q1 2026), 1.62% (Q4 2025) and 1.05% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | - |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 15.73% |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 71.11% |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | - |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 26.96% |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 20.13% |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | - |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | - |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 30.70% |
| 10 | Q2 Holdings | 3.44 Bn | 1.95 Bn | 130.20 Mn | 5.86% |
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% |
Q2 Holdings Tax Rate 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=tax-rate&ticker=QTWO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=QTWO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();