QTWO Q2 Holdings, Inc.

FY2025 10-K
Filed: Feb 11, 2026
Information Technology
Services-Prepackaged SoftwareSEC EDGAR

Q2 Holdings, Inc. (QTWO) filed its fiscal year 2025 10-K annual report with the SEC on Feb 11, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business: Cloud-based, unified SaaS platform providing digital banking, lending, risk/fraud, and embedded finance solutions to financial institutions and FinTechs
  • Emphasized new segments: Expanded portfolio to include Q2 Innovation Studio for API/SDK customization and Helix, a cloud-native core/BaaS platform for FinTechs and banks
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Management Discussion & Analysis

  • Revenue $794.8M, up 14.1% YoY (+$98.3M) driven by $95.0M increase in subscription revenue
  • Operating margins improved; cost of revenues 45.9% of sales vs 49.1% in 2024, sales & marketing 13.3% vs 15.2%
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Risk Factors

  • Cybersecurity risks from third-party providers critical to operations, overseen quarterly by RACC with updates from CISO and CRO
  • Dependency on Chief Risk Officer with 10+ years risk management and Chief Information Security Officer with 20+ years experience for risk oversight
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Financial Summary
XBRL

Revenue

$795M

Net Income

$52M

Gross Margin

54.1%

Operating Margin

5.0%

Net Margin

6.5%

ROE

7.9%

Total Assets

$1.3B

EPS (Diluted)

$0.80

Operating Cash Flow

$201M

Source: XBRL data from Q2 Holdings, Inc. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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