q2 powers your virtual banking experience.we connect you to your account holders who expect and appreciate a unified and engaging banking experience anytime, anywhere, on any device. we merge business-critical technology with an engaging user experience, helping you engage account holders where they live, work and play. by leveraging virtual banking software across our single, non-siloed technology platform, you can deliver unified online, voice, mobile and tablet banking services from a single secure application — and compete with the best that mega banks and money centers can offer. one interface to your core. one management view. and one unified virtual banking experience for retail and commercial - all from one login. q2 offers unprecedented integration between the web, voice, mobile and tablet banking channels, and supports cross-channel multi-factor authentication as well as open vendor integration with the financial institution’s other third-party applications. to learn more abo
Company profile
Ticker
QTWO
Exchange
Website
CEO
Matthew Flake
Employees
Location
Fiscal year end
Industry (SIC)
Microsoft • Oracle • Mobileye Global Inc - Ordinary Shares • Activision Blizzard • Gen Digital • Vmware • Adobe • Salesforce • BlackBerry • Dayforce ...
Former names
CBG Holdings Inc, CBG Holdings, Inc.
SEC CIK
Corporate docs
Subsidiaries
Q2 Software, Inc. • Cloud Lending U.K. Ltd. • Cloud Lending Australia • MFIFLEX Tech. Pvt. Ltd. • Lender Performance Group, LLC • Sensibill Inc. • QTWO Mexico ...
QTWO stock data
Latest filings (excl ownership)
S-8
Registration of securities for employees
21 Feb 24
10-K
2023 FY
Annual report
21 Feb 24
8-K
Q2 Holdings, Inc. Announces Fourth Quarter and Full-Year 2023 Financial Results
21 Feb 24
10-Q
2023 Q3
Quarterly report
1 Nov 23
8-K
Q2 Holdings, Inc. Announces Third Quarter 2023 Financial Results
1 Nov 23
S-8 POS
Registration of securities for employees (post-effective amendment)
2 Aug 23
S-8 POS
Registration of securities for employees (post-effective amendment)
2 Aug 23
S-8 POS
Registration of securities for employees (post-effective amendment)
2 Aug 23
S-8 POS
Registration of securities for employees (post-effective amendment)
2 Aug 23
S-8 POS
Registration of securities for employees (post-effective amendment)
2 Aug 23
Transcripts
QTWO
Earnings call transcript
2023 Q4
21 Feb 24
QTWO
Earnings call transcript
2023 Q3
1 Nov 23
QTWO
Earnings call transcript
2023 Q2
2 Aug 23
QTWO
Earnings call transcript
2023 Q1
9 May 23
QTWO
Earnings call transcript
2022 Q4
21 Feb 23
QTWO
Earnings call transcript
2022 Q3
8 Nov 22
QTWO
Earnings call transcript
2022 Q2
6 Aug 22
QTWO
Earnings call transcript
2022 Q1
3 May 22
QTWO
Earnings call transcript
2021 Q4
16 Feb 22
QTWO
Earnings call transcript
2021 Q3
6 Nov 21
Latest ownership filings
4
Michael S Kerr
20 Mar 24
4/A
Michael A. Volanoski
20 Mar 24
4
Michael A. Volanoski
20 Mar 24
4/A
Kimberly Anne Rutledge
20 Mar 24
4
Kimberly Anne Rutledge
20 Mar 24
4
Kirk L Coleman
20 Mar 24
4/A
David J Mehok
20 Mar 24
4
David J Mehok
20 Mar 24
4/A
Jonathan Price
20 Mar 24
4
Jonathan Price
20 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 158.06 mm | 158.06 mm | 158.06 mm | 158.06 mm | 158.06 mm | 158.06 mm |
Cash burn (monthly) | (no burn) | 3.10 mm | 7.72 mm | 8.38 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | 18.47 mm | 45.97 mm | 49.86 mm | n/a | n/a |
Cash remaining | n/a | 139.59 mm | 112.09 mm | 108.20 mm | n/a | n/a |
Runway (months of cash) | n/a | 45.0 | 14.5 | 12.9 | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 204 |
Opened positions | 32 |
Closed positions | 33 |
Increased positions | 72 |
Reduced positions | 72 |
13F shares | Current |
---|---|
Total value | 1.87 tn |
Total shares | 58.82 mm |
Total puts | 53.80 k |
Total calls | 352.60 k |
Total put/call ratio | 0.2 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 7.13 mm | $230.02 bn |
Vanguard | 6.95 mm | $224.37 bn |
Wasatch Advisors | 4.15 mm | $133.84 bn |
Brown Capital Management | 3.20 mm | $103.22 bn |
MCQEF Macquarie | 2.18 mm | $70.19 bn |
North Reef Capital Management | 2.07 mm | $66.80 bn |
Conestoga Capital Advisors | 1.95 mm | $62.82 bn |
Champlain Investment Partners | 1.76 mm | $56.72 bn |
Nuveen Asset Management | 1.60 mm | $51.47 bn |
STT State Street | 1.49 mm | $48.20 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Mar 24 | R. H. Seale | Common Stock | Sell | Dispose S | Yes | Yes | 48.49 | 9,000 | 436.41 k | 372,754 |
14 Mar 24 | John E Breeden | Common Stock | Sell | Dispose S | No | No | 49.58 | 3,725 | 184.69 k | 140,463 |
13 Mar 24 | David J Mehok | Common Stock | Sell | Dispose S | No | No | 50.1 | 2,453 | 122.90 k | 151,846 |
13 Mar 24 | Jonathan Price | Common Stock | Sell | Dispose S | No | No | 50.1 | 1,752 | 87.78 k | 151,371 |
13 Mar 24 | Kim Rutledge | Common Stock | Sell | Dispose S | No | No | 50.1 | 741 | 37.12 k | 74,535 |
13 Mar 24 | John E Breeden | Common Stock | Sell | Dispose S | No | No | 50.1 | 2,382 | 119.34 k | 158,980 |
News
Evaluating Q2 Holdings: Insights From 9 Financial Analysts
18 Mar 24
DA Davidson Maintains Buy on Q2 Holdings, Raises Price Target to $58
27 Feb 24
Intuit To Rally Around 14%? Here Are 10 Top Analyst Forecasts For Friday
23 Feb 24
Canaccord Genuity Maintains Buy on Q2 Holdings, Raises Price Target to $55
23 Feb 24
Why Etsy Shares Are Trading Lower By Around 8%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
22 Feb 24
Press releases
Q2 Expands Executive Leadership Team with Promotion of Katharine Briggs to Chief Product Officer
27 Mar 24
Austin FC and Q2 Announce the 2024 Austin FC Dream Starter Competition
25 Mar 24
Q2 Named a 2024 Top Workplaces USA Winner
20 Mar 24
Helix Helps Fidelity Bank Launch New Digital Bank to Serve Communities Across Louisiana
19 Mar 24
Talkdesk Announces Integration with Q2's Digital Banking Platform
5 Mar 24