Q2 Holdings QTWO
Fintech Financial Technology Vertical SaaS B2B SaaS Enterprise Software Financial Services

Q2 Holdings trades at 4.5x EV/NTM revenue on a $4.23B enterprise value. Revenue grew 11.9% year over year to $225.8M in the quarter ending September 2026, an annual run rate of $903.0M. Q2 Holdings reports a 59.7% gross margin and 22.3-month CAC payback.

ARR ($M)
988.6
Net Dollar Retention
--
ARR Growth
11.3%
EV / NTM Revenue
4.5x
Payback Period
22.3
EV / Run Rate
4.7x
Price & Key Metrics
Price Performance
Company Details
Share Price: 70.44
Last Filing Date: 2026-09-30
Fiscal Year End: 12-31
Last Filing: Form
Founding Year: 2005
IPO Year: 2014
% of 52 wk High: 93%
Description
Q2 is a secure, cloud-based digital banking solutions company. Company’s digital banking solutions for deposits, money movement, lending, leasing, security and fraud enable financial institutions to deliver a better financial experience to their account holders.
Categories
Fintech Financial Technology Vertical SaaS B2B SaaS Enterprise Software Financial Services
Valuation
Market Cap: 4,351.892
Enterprise Value: 4,228.901
EV / Revenue Run Rate: 4.7x
EV / NTM Revenue: 4.5x
EV / 2026 Revenue Estimates: 4.8x
EV / 2027 Revenue Estimates: 4.4x
EV / 2028 Revenue Estimates: --
Key Business Metrics
Net Dollar Retention: --
Customers: 1200
ARR: 988.6
ARR Growth %: 11%
ARR/Customer ($K): 823
ARR/Employee ($K): 387
Revenue
Revenue Run Rate: 903
ARR: 988.6
2026 Revenue Estimates: 878
2027 Revenue Estimates: 970
2028 Revenue Estimates: --
LTM Revenue: 870
Last Year Run Rate: 806
Growth
Revenue Growth: 12%
ARR Growth: 11%
Growth Persistence: 78%
2026 Revenue Growth Estimates: 11%
2027 Revenue Growth Estimates: 10%
2028 Revenue Growth Estimates: --
Financials
Quarterly
Calendar Year
Frequently Asked Questions

How fast is Q2 Holdings growing?

Q2 Holdings grew revenue 11.9% year over year, reaching $225.8M in the quarter ending September 2026.

What multiple does Q2 Holdings trade at?

Q2 Holdings trades at 4.5x EV/NTM revenue and 4.7x EV/run-rate, on an enterprise value of $4.23B.

Is Q2 Holdings profitable?

For Q2 Holdings, operating income was $34.0M last quarter and LTM free cash flow margin is 23.7%.

How long does it take Q2 Holdings to pay back CAC?

Q2 Holdings recovers customer acquisition cost in about 22.3 months.

What sector is Q2 Holdings in?

Public Comps classifies Q2 Holdings under Fintech, Financial Technology, Vertical SaaS, B2B SaaS, Enterprise Software, and Financial Services.

Where does Public Comps get Q2 Holdings's data?

Figures come from Q2 Holdings's own SEC filings, normalised into a consistent quarterly format and refreshed after each earnings release.