Q2 Holdings, Inc. Earnings Recaps
Q2 2026
Aug 1, 2026
Q2 Holdings’ shares edged down 0.3% following Q2 results that showed steady top-line growth and healthy customer engagement but lacked clear upside catalysts to move the stock meaningfully.
Key takeaways
- Revenue reached $219.8 million, up 13% year-over-year, reflecting ongoing subscription strength.
- Adjusted EBITDA was $62.8 million, or 28.6% of revenue, indicating consistent operating leverage.
- Free cash flow totaled $51 million, aligning with solid cash generation.
- Bookings included 8 Tier 1 and enterprise wins, driven by expansions in digital banking, risk and fraud, and relationship pricing.
- Management highlighted momentum from M&A-driven deals and growing customer interest in practical AI applications, though these themes did not translate into an uplift in market sentiment.
Q1 2026
Apr 30, 2026
Q2 Holdings' shares finished up 1.2% following Q1 results that largely tracked investor expectations. The company highlighted solid revenue growth, robust bookings activity—including a record-setting fraud solution deal—and progress in AI initiatives, while maintaining a balanced outlook for the remainder of the year.
Key takeaways
- Q1 revenue reached $216.5 million, marking 14% year-over-year growth.
- Adjusted EBITDA came in at $60 million, representing a 27.7% margin.
- Free cash flow totaled $44.2 million for the quarter.
- Bookings momentum remained strong, with 9 Tier 1 and enterprise wins, including the largest fraud deal in company history.
- Management flagged ongoing AI product development and cited sustained demand in core digital banking and risk/fraud segments.
Q2 2025
Nov 8, 2025
Q2 Holdings reported exceptional third-quarter results, with revenue and adjusted EBITDA surpassing guidance, driven by a record number of bookings across Tier 1 and enterprise segments.
Key takeaways
- Revenue reached $202 million, reflecting a 15% year-over-year growth, while adjusted EBITDA stood at $49 million (24.2% margin).
- Achieved record bookings in Q3, including 7 new Tier 1 and enterprise deals.
- Secured major wins in digital banking and fraud solutions, including the largest fraud deal in company history.
- Hosted successful Dev Days 2025, highlighting advancements in AI capabilities and integration strategies.
- Maintained a solid pipeline and raised guidance expectations for the upcoming quarter.