Q2 Holdings, Inc. (QTWO) Form 10-Q — Jul 29, 2026
Q2 Holdings reported strong financial results for the second quarter of 2026, with revenue increasing 12.6% year-over-year to $219.8 million. Net income more than doubled to $29.9 million, or $0.46 per diluted share, compared to $11.8 million in the prior year period, driven by subscription revenue growth and improved cost efficiencies. The company significantly strengthened its balance sheet by repaying the full $304.0 million principal amount of its 0.75% convertible senior notes due 2026 prior to maturity. This action eliminated the debt obligation, leaving the company with no outstanding borrowings under its credit facilities as of June 30, 2026.
Key figures
- Eps
- 0.46
- Revenue
- 219765000
- Net Income
- 29858000
- Total Debt
- 0
- Revenue Yoy
- 12.6%
- Cash Position
- 99917000
- Debt repaid
- 304000000
- Ytd repurchases
- 120081000
- Subscription revenue
- 182773000
- New repurchase authorization
- 350000000
- Remaining performance obligations
- 2760000000
Price after filing
Close on the filing date to close N calendar days later (from $58.15). Historical, not a forecast.
AI analysis
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