Cash flow Q2 Holdings, Inc.

Equities

QTWO

US74736L1098

Software

Market Closed - Nyse Other stock markets 04:00:02 2025-07-16 pm EDT			5-day change	1st Jan Change
90.41 ^USD	+1.66%		-4.80%	-10.17%

Jun. 11	Q2 Holdings Insider Sold Shares Worth $323,626, According to a Recent SEC Filing	MT
May. 19	Koxa Treasury Gateway Platform Provides ERP Connectivity to Second Quarter Digital Banking Platform Customers	CI

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Published financial data: Q2 HOLDINGS, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	403M	499M	566M	625M	696M
Total Revenues	403M	499M	566M	625M	696M
Cost of Goods Sold, Total	227M	273M	309M	322M	342M
Gross Profit	176M	225M	256M	303M	354M
Selling General & Admin Expenses, Total	145M	165M	212M	231M	237M
R&D Expenses	97.38M	117M	130M	137M	143M
Amortization of Goodwill and Intangible Assets - (IS)	17.89M	17.9M	18.25M	20.67M	16.98M
Other Operating Expenses, Total	261M	300M	360M	389M	397M
Operating Income	-85.18M	-74.9M	-104M	-86.03M	-42.26M
Interest Expense, Total	-28.13M	-31.56M	-6.87M	-8.87M	-
Interest And Investment Income	1.21M	676K	4.66M	10.1M	-
Net Interest Expenses	-26.92M	-30.89M	-2.21M	1.23M	-
Other Non Operating Income (Expenses)	-	-	-	-	10.13M
EBT, Excl. Unusual Items	-112M	-106M	-106M	-84.8M	-32.13M
Merger & Related Restructuring Charges	-1.41M	-3.1M	-1.19M	-24K	-
Gain (Loss) On Sale Of Investments	-366K	-1.12M	302K	3.19M	1.27M
Gain (Loss) On Sale Of Assets	-151K	-389K	-109K	-55K	-
Other Unusual Items	-22.18M	-713K	700K	19.87M	-
EBT, Incl. Unusual Items	-136M	-111M	-106M	-61.82M	-30.86M
Income Tax Expense	1.42M	1.64M	2.91M	3.56M	7.68M
Earnings From Continuing Operations	-138M	-113M	-109M	-65.38M	-38.54M
Net Income to Company	-138M	-113M	-109M	-65.38M	-38.54M
Net Income - (IS)	-138M	-113M	-109M	-65.38M	-38.54M
Net Income to Common Incl Extra Items	-138M	-113M	-109M	-65.38M	-38.54M
Net Income to Common Excl. Extra Items	-138M	-113M	-109M	-65.38M	-38.54M
Per Share Items
Net EPS - Basic	-2.65	-2	-1.9	-1.12	-0.64
Basic EPS - Continuing Operations	-2.65	-2	-1.9	-1.12	-0.64
Basic Weighted Average Shares Outstanding	52.02M	56.39M	57.3M	58.35M	60.1M
Net EPS - Diluted	-2.65	-2	-1.9	-1.12	-0.64
Diluted EPS - Continuing Operations	-2.65	-2	-1.9	-1.12	-0.64
Diluted Weighted Average Shares Outstanding	52.02M	56.39M	57.3M	58.35M	60.1M
Normalized Basic EPS	-1.35	-1.17	-1.15	-0.91	-0.33
Normalized Diluted EPS	-1.35	-1.17	-1.15	-0.91	-0.33
Supplemental Items
EBITDA	-55.44M	-42.86M	-67.6M	-37.73M	4.55M
EBITA	-67.29M	-57M	-85.32M	-57.67M	-12.08M
EBIT	-85.18M	-74.9M	-104M	-86.03M	-42.26M
EBITDAR	-47.26M	-33.81M	-55.7M	-26.75M	12.69M
Effective Tax Rate - (Ratio)	-1.04	-1.48	-2.74	-5.76	-24.87
Current Domestic Taxes	240K	144K	1.27M	660K	3.02M
Current Foreign Taxes	-104K	959K	959K	1.98M	2.15M
Total Current Taxes	136K	1.1M	2.23M	2.64M	5.18M
Deferred Domestic Taxes	1.1M	-	1.04M	1.18M	2.22M
Deferred Foreign Taxes	180K	-	-355K	-251K	276K
Total Deferred Taxes	1.28M	540K	681K	926K	2.5M
Normalized Net Income	-70.06M	-66.12M	-66.11M	-53M	-20.08M
Interest on Long-Term Debt	27.28M	30.86M	5.61M	4.64M	4.74M
Supplemental Operating Expense Items
Advertising Expense	700K	2.7M	4.4M	4.3M	4.3M
Selling and Marketing Expenses	72.32M	85.56M	108M	110M	106M
General and Administrative Expenses	70.94M	77.92M	90.16M	110M	123M
Research And Development Expense From Footnotes	120M	140M	156M	161M	165M
Net Rental Expense, Total	8.18M	9.05M	11.89M	10.98M	8.14M
Imputed Operating Lease Interest Expense	3.44M	3.74M	966K	1.22M	-
Imputed Operating Lease Depreciation	4.74M	5.32M	10.93M	9.76M	-
Stock-Based Comp., COGS (Total)	9.89M	10.59M	12.26M	13.35M	11.82M
Stock-Based Comp., R&D Exp. (Total)	12.87M	13.27M	13.99M	15.16M	16.46M
Stock-Based Comp., S&M Exp. (Total)	8.77M	11.15M	15.38M	16.77M	16.78M
Stock-Based Comp., G&A Exp. (Total)	17.71M	19.32M	23.53M	33.91M	44.16M
Stock-Based Comp., Other (Total)	1.45M	1.57M	-	-	-
Total Stock-Based Compensation	50.68M	55.9M	65.16M	79.19M	89.22M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	408M	323M	200M	230M	359M
Short Term Investments	131M	105M	234M	94.35M	88.07M
Total Cash And Short Term Investments	539M	428M	433M	324M	447M
Accounts Receivable, Total	37.52M	48.82M	55.64M	52.09M	49.97M
Total Receivables	37.52M	48.82M	55.64M	52.09M	49.97M
Prepaid Expenses	8.86M	10.53M	10.83M	11.62M	23.51M
Restricted Cash	3.48M	2.97M	2.3M	3.98M	2.23M
Other Current Assets, Total	27.3M	32.4M	28.94M	36.26M	36.32M
Total Current Assets	616M	522M	531M	428M	559M
Gross Property Plant And Equipment	119M	163M	157M	154M	153M
Accumulated Depreciation	-34.83M	-43.64M	-60.65M	-77.05M	-90.6M
Net Property Plant And Equipment	84.27M	119M	96.53M	76.63M	61.93M
Goodwill	462M	513M	513M	513M	513M
Other Intangibles, Total	185M	162M	146M	122M	94.63M
Accounts Receivable Long-Term	18.69M	22.1M	16.19M	12.21M	9.48M
Deferred Charges Long-Term	47.97M	43.97M	45.12M	47.57M	54.52M
Other Long-Term Assets, Total	2.43M	2.31M	2.26M	2.61M	2.7M
Total Assets	1.42B	1.39B	1.35B	1.2B	1.29B
Liabilities
Accounts Payable, Total	7.89M	10.6M	10.06M	19.35M	9.35M
Accrued Expenses, Total	40.71M	45.29M	41.57M	41.13M	48.48M
Current Portion of Long-Term Debt	-	-	10.9M	-	190M
Current Portion of Leases	6.84M	9M	9.41M	10.44M	10.33M
Unearned Revenue Current, Total	81.94M	98.69M	117M	119M	138M
Other Current Liabilities	8.45M	4.78M	2.64M	1.92M	2.7M
Total Current Liabilities	146M	168M	192M	192M	399M
Long-Term Debt	557M	552M	658M	490M	302M
Long-Term Leases	36.74M	61.37M	52.99M	45.59M	38.35M
Unearned Revenue Non Current	29.2M	29.17M	21.69M	17.35M	27.28M
Other Non Current Liabilities	4.1M	4.25M	6.19M	7.98M	10.36M
Total Liabilities	773M	815M	931M	753M	777M
Common Stock, Total	6K	6K	6K	6K	6K
Additional Paid In Capital	1.02B	1.06B	982M	1.08B	1.18B
Retained Earnings	-381M	-494M	-560M	-626M	-664M
Treasury Stock	-	-	-	-	-
Comprehensive Income and Other	-32K	-135K	-2.97M	-1.11M	-1.87M
Total Common Equity	643M	570M	419M	448M	518M
Total Equity	643M	570M	419M	448M	518M
Total Liabilities And Equity	1.42B	1.39B	1.35B	1.2B	1.29B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	55.6M	56.93M	57.74M	59.07M	60.73M
ECS Total Common Shares Outstanding	55.56M	56.93M	57.73M	59.03M	60.73M
Book Value / Share	11.58	10.02	7.26	7.6	8.53
Tangible Book Value	-3.77M	-105M	-240M	-186M	-89.71M
Tangible Book Value Per Share	-0.07	-1.85	-4.15	-3.15	-1.48
Total Debt	601M	622M	731M	546M	541M
Net Debt	62M	194M	298M	222M	94.49M
Debt Equivalent Oper. Leases	65.46M	72.43M	95.15M	87.8M	65.13M
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	58.97M	68.8M	75.79M	77.94M	80.58M
Full Time Employees	1.75K	2.02K	2.24K	2.31K	2.48K
Part Time Employees	2	4	7	3	1
Accumulated Allowance for Doubtful Accounts (Supple)	600K	500K	700K	500K	300K

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-138M	-113M	-109M	-65.38M	-38.54M
Depreciation & Amortization - CF	11.85M	14.13M	17.72M	19.94M	16.63M
Amortization of Goodwill and Intangible Assets - (CF)	17.89M	17.9M	18.25M	28.37M	30.18M
Depreciation & Amortization, Total	29.74M	32.03M	35.97M	48.31M	46.81M
Amortization of Deferred Charges, Total - (CF)	68.33M	75.16M	51.68M	51.35M	51.1M
(Gain) Loss From Sale Of Asset	151K	389K	109K	55K	-
(Gain) Loss on Sale of Investments - (CF)	352K	1.12M	-285K	-2.71M	-1.27M
Asset Writedown & Restructuring Costs	-	-	-	4.08M	1.67M
Provision for Credit Losses	306K	-25K	-	-	-
Stock-Based Compensation (CF)	50.68M	55.9M	65.16M	79.19M	89.22M
Provision and Write-off of Bad Debts	2K	39K	124K	-226K	-
Other Operating Activities, Total	12.06M	3.7M	13.28M	-18.68M	1.62M
Change In Accounts Receivable	-18.28M	-14.24M	-815K	7.78M	4.94M
Change In Accounts Payable	-2.3M	1.76M	-548K	9.35M	-9.79M
Change in Unearned Revenues	20.35M	15.74M	10.21M	-3.09M	28.92M
Change in Other Net Operating Assets	-26.66M	-27.91M	-29.34M	-39.73M	-38.91M
Cash from Operations	-2.89M	30.92M	36.56M	70.29M	136M
Capital Expenditure	-23.72M	-19.75M	-11.14M	-5.67M	-6.69M
Cash Acquisitions	-	-64.65M	-5.04M	-	-
Sale (Purchase) of Intangible assets	-952K	-5.86M	-18.91M	-24.97M	-22.34M
Investment in Marketable and Equity Securities, Total	-99.5M	25.14M	-130M	144M	7.95M
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-124M	-65.13M	-166M	113M	-21.08M
Long-Term Debt Issued, Total	133M	-	-	-	-
Total Debt Issued	133M	-	-	-	-
Long-Term Debt Repaid, Total	-	-63.69M	-	-161M	-
Total Debt Repaid	-	-63.69M	-	-161M	-
Issuance of Common Stock	325M	5.89M	5.88M	8.4M	14.26M
Repurchase of Common Stock	-	-	-	-	-
Other Financing Activities, Total	-22.55M	6.64M	-	139K	-942K
Cash from Financing	435M	-51.16M	5.88M	-152M	13.32M
Foreign Exchange Rate Adjustments	-	-	-802K	182K	-827K
Net Change in Cash	308M	-85.36M	-124M	31.73M	127M
Supplemental Items
Cash Interest Paid	4.1M	3.1M	2.89M	-	2.68M
Cash Income Tax Paid (Refund)	566K	1.03M	875K	-	5.88M
Levered Free Cash Flow	45.18M	73.75M	63.11M	92.05M	141M
Unlevered Free Cash Flow	39.46M	65.62M	64.68M	95.49M	139M
Change In Net Working Capital	8.09M	-2.81M	-9.38M	-3.16M	-9.04M
Net Debt Issued / Repaid	133M	-63.69M	-	-161M	-

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-4.39	-3.34	-4.73	-4.22	-2.12
Return on Total Capital	-5.09	-3.84	-5.53	-5.01	-2.57
Return On Equity %	-26.91	-18.58	-22.03	-15.07	-7.98
Return on Common Equity	-26.91	-18.58	-22.03	-15.07	-7.98
Margin Analysis
Gross Profit Margin %	43.58	45.2	45.32	48.45	50.9
SG&A Margin	36.11	33.18	37.4	36.93	33.96
EBITDA Margin %	-13.77	-8.59	-11.95	-6.04	0.65
EBITA Margin %	-16.71	-11.43	-15.08	-9.23	-1.74
EBIT Margin %	-21.15	-15.02	-18.31	-13.77	-6.07
Income From Continuing Operations Margin %	-34.17	-22.61	-19.27	-10.47	-5.53
Net Income Margin %	-34.17	-22.61	-19.27	-10.47	-5.53
Net Avail. For Common Margin %	-34.17	-22.61	-19.27	-10.47	-5.53
Normalized Net Income Margin	-17.4	-13.26	-11.69	-8.49	-2.88
Levered Free Cash Flow Margin	11.22	14.79	11.16	14.74	20.2
Unlevered Free Cash Flow Margin	9.8	13.16	11.43	15.29	19.91
Asset Turnover
Asset Turnover	0.33	0.36	0.41	0.49	0.56
Fixed Assets Turnover	5.07	4.91	5.25	7.21	10.05
Receivables Turnover (Average Receivables)	13.24	11.55	10.83	11.6	13.65
Short Term Liquidity
Current Ratio	4.23	3.1	2.77	2.23	1.4
Quick Ratio	3.95	2.83	2.55	1.96	1.24
Operating Cash Flow to Current Liabilities	-0.02	0.18	0.19	0.37	0.34
Days Sales Outstanding (Average Receivables)	27.64	31.6	33.7	31.48	26.82
Average Days Payable Outstanding	15.18	12.34	12.18	16.67	15.36
Long Term Solvency
Total Debt/Equity	93.42	109.06	174.47	121.85	104.5
Total Debt / Total Capital	48.3	52.17	63.57	54.93	51.1
LT Debt/Equity	92.36	107.48	169.63	119.53	65.75
Long-Term Debt / Total Capital	47.75	51.41	61.8	53.88	32.15
Total Liabilities / Total Assets	54.59	58.82	68.95	62.67	60.01
EBIT / Interest Expense	-3.03	-2.37	-15.08	-9.7	-
EBITDA / Interest Expense	-1.68	-1.07	-8.11	-3.02	-
(EBITDA - Capex) / Interest Expense	-2.52	-1.7	-9.73	-3.66	-
Total Debt / EBITDA	-12.72	-18.4	-13.12	-20.43	42.65
Net Debt / EBITDA	-1.31	-5.75	-5.35	-8.32	7.45
Total Debt / (EBITDA - Capex)	-8.47	-11.61	-10.94	-16.85	90.26
Net Debt / (EBITDA - Capex)	-0.87	-3.63	-4.45	-6.86	15.76
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	27.66	23.83	13.42	10.42	11.5
Gross Profit, 1 Yr. Growth %	14.51	28.44	13.71	18.06	17.13
EBITDA, 1 Yr. Growth %	69.68	-22.69	56	-41.62	-112.05
EBITA, 1 Yr. Growth %	52.62	-15.3	49.7	-29.96	-79.04
EBIT, 1 Yr. Growth %	68.91	-12.07	38.28	-16.94	-50.88
Earnings From Cont. Operations, 1 Yr. Growth %	94.17	-18.07	-3.34	-40.01	-41.06
Net Income, 1 Yr. Growth %	94.17	-18.07	-3.34	-40.01	-41.06
Normalized Net Income, 1 Yr. Growth %	68.49	-5.64	-0.01	-19.84	-62.13
Diluted EPS Before Extra, 1 Yr. Growth %	72.44	-24.43	-4.87	-41.09	-42.78
Accounts Receivable, 1 Yr. Growth %	60.92	30.13	13.97	-6.38	-4.07
Net Property, Plant and Equip., 1 Yr. Growth %	12.9	41.08	-18.8	-20.62	-19.18
Total Assets, 1 Yr. Growth %	40.35	-2.23	-2.55	-10.99	7.77
Tangible Book Value, 1 Yr. Growth %	-98.77	2.69K	128.05	-22.36	-51.76
Common Equity, 1 Yr. Growth %	69.57	-11.36	-26.53	7.03	15.46
Cash From Operations, 1 Yr. Growth %	-609.7	-1.17K	17.57	92.29	93.12
Capital Expenditures, 1 Yr. Growth %	71.1	-16.7	-43.6	-49.08	17.96
Levered Free Cash Flow, 1 Yr. Growth %	-42.26	63.24	-12.57	45.9	44.18
Unlevered Free Cash Flow, 1 Yr. Growth %	-46.65	66.27	0.99	47.66	45.2
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	29.25	25.73	18.51	11.91	10.96
Gross Profit, 2 Yr. CAGR %	21.33	21.27	20.85	15.97	17.59
EBITDA, 2 Yr. CAGR %	84.98	14.54	10.38	-5.75	-73.48
EBITA, 2 Yr. CAGR %	61.31	13.7	12.6	1.29	-61.69
EBIT, 2 Yr. CAGR %	75.34	21.87	10.27	6.89	-36.12
Earnings From Cont. Operations, 2 Yr. CAGR %	97.18	26.12	-11.01	-23.85	-40.54
Net Income, 2 Yr. CAGR %	97.18	26.12	-11.01	-23.85	-40.54
Normalized Net Income, 2 Yr. CAGR %	78.87	26.09	-2.86	-10.64	-44.92
Diluted EPS Before Extra, 2 Yr. CAGR %	78.85	14.15	-15.21	-25.14	-41.94
Accounts Receivable, 2 Yr. CAGR %	36.06	44.71	21.78	3.29	-5.23
Net Property, Plant and Equip., 2 Yr. CAGR %	55.18	26.21	7.03	-19.71	-19.9
Total Assets, 2 Yr. CAGR %	74.79	17.14	-2.39	-6.86	-2.06
Tangible Book Value, 2 Yr. CAGR %	-44.65	-41.46	697.19	33.06	-38.8
Common Equity, 2 Yr. CAGR %	101.22	22.6	-19.3	-11.32	11.16
Cash From Operations, 2 Yr. CAGR %	-20.69	638.52	252.74	50.36	92.7
Capital Expenditures, 2 Yr. CAGR %	33.61	19.38	-31.46	-46.41	-22.5
Levered Free Cash Flow, 2 Yr. CAGR %	42.2	-2.91	20.13	13.13	44.5
Unlevered Free Cash Flow, 2 Yr. CAGR %	39.75	-5.82	30.44	22.35	46.43
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	27.57	27.41	21.49	15.75	11.78
Gross Profit, 3 Yr. CAGR %	22.93	23.65	18.7	19.91	16.35
EBITDA, 3 Yr. CAGR %	55.21	38.3	27.42	-12.06	-52.52
EBITA, 3 Yr. CAGR %	40.63	30.14	24.61	-5.02	-40.09
EBIT, 3 Yr. CAGR %	49.15	39.3	27.11	0.33	-17.51
Earnings From Cont. Operations, 3 Yr. CAGR %	73.91	47.13	15.42	-21.97	-30.08
Net Income, 3 Yr. CAGR %	73.91	47.13	15.42	-21.97	-30.08
Normalized Net Income, 3 Yr. CAGR %	65.14	44.53	16.71	-8.88	-32.86
Diluted EPS Before Extra, 3 Yr. CAGR %	60.93	34.21	7.43	-24.9	-31.55
Accounts Receivable, 3 Yr. CAGR %	41.64	34.06	33.64	11.56	0.78
Net Property, Plant and Equip., 3 Yr. CAGR %	34.62	50.33	8.95	-3.12	-19.54
Total Assets, 3 Yr. CAGR %	88.12	44.01	10.17	-5.35	-2.22
Tangible Book Value, 3 Yr. CAGR %	-64.14	104.38	-7.89	266.77	-5.12
Common Equity, 3 Yr. CAGR %	82.06	53.11	3.37	-11.33	-3.17
Cash From Operations, 3 Yr. CAGR %	-32.68	88.8	300.98	188.15	63.44
Capital Expenditures, 3 Yr. CAGR %	13.71	14.14	-7.02	-37.92	-30.29
Levered Free Cash Flow, 3 Yr. CAGR %	40.79	48.9	-6.91	28.16	25.07
Unlevered Free Cash Flow, 3 Yr. CAGR %	34.66	48.09	-4.38	35.93	29.54
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	29.91	27.12	23.87	20.97	17.16
Gross Profit, 5 Yr. CAGR %	28.69	25.37	22.09	20.48	18.25
EBITDA, 5 Yr. CAGR %	27.9	16	35.45	18.42	-32.6
EBITA, 5 Yr. CAGR %	25.32	15.32	28.67	17.4	-22.81
EBIT, 5 Yr. CAGR %	30.68	20.56	32.17	25.44	-3.47
Earnings From Cont. Operations, 5 Yr. CAGR %	40.58	25.4	33.02	13.06	-11.47
Net Income, 5 Yr. CAGR %	40.58	25.4	33.02	13.06	-11.47
Normalized Net Income, 5 Yr. CAGR %	38.46	29.53	33.55	19.34	-13.55
Diluted EPS Before Extra, 5 Yr. CAGR %	32.64	16.87	24.54	6.26	-16.01
Accounts Receivable, 5 Yr. CAGR %	33.02	31.88	33.34	20.78	16.47
Net Property, Plant and Equip., 5 Yr. CAGR %	28.09	34.04	22.82	16.97	-3.66
Total Assets, 5 Yr. CAGR %	47.28	47.12	44.69	20.97	5.11
Tangible Book Value, 5 Yr. CAGR %	-46.74	7.8	24	72.14	-21.79
Common Equity, 5 Yr. CAGR %	40.39	41.58	31.49	23.06	6.42
Cash From Operations, 5 Yr. CAGR %	-11.75	55.57	31.01	72.55	199.11
Capital Expenditures, 5 Yr. CAGR %	27.18	6.6	-7.13	-15.65	-13.55
Levered Free Cash Flow, 5 Yr. CAGR %	59.12	81.99	31.27	32.73	12.46
Unlevered Free Cash Flow, 5 Yr. CAGR %	55.55	78.72	31.97	36.43	13.39