Q2 Holdings Inc

Common Name

Q2 Holdings

Country

United States

Sector

Technology

Industry

Software - Application

Employees

2,476

Ticker

QTWO

Exchange

NEW YORK STOCK EXCHANGE, INC.

Website

www.q2.com

Description

Q2 Holdings Inc. is a leading financial technology company primarily focused on providing comprehensive digital solutions to financial institutions. Specializing in the development of cloud-based plat... Show more

Financial Statements of Q2 Holdings

Below are the financial statements of Q2 Holdings, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in thousands of USD	2024	2023
Current assets	—	—
Cash and cash equivalents	358,560^a	229,655^a
Restricted cash	2,233^a	3,977^a
Investments	88,066^a	94,353^a
Accounts receivable, net	42,084^a	42,899^a
Contract assets, current portion, net	7,888^a	9,193^a
Prepaid expenses and other current assets	23,512^a	11,625^a
Deferred solution and other costs, current portion	26,611^a	27,521^a
Deferred implementation costs, current portion	9,706^a	8,741^a
Total current assets	558,660^a	427,964^a
Assets	—	—
Property and equipment, net	31,528^a	41,178^a
Right of use assets	30,402^a	35,453^a
Deferred solution and other costs, net of current portion	28,116^a	26,090^a
Deferred implementation costs, net of current portion	26,408^a	21,480^a
Intangible assets, net	94,633^a	121,572^a
Goodwill	512,869^a	512,869^a
Contract assets, net of current portion and allowance	9,483^a	12,210^a
Other long-term assets	2,696^a	2,609^a
Total assets	1,294,795^a	1,201,425^a
Current liabilities	—	—
Accounts payable	9,354^a	19,353^a
Accrued liabilities	18,239^a	16,471^a
Accrued compensation	32,949^a	26,580^a
Convertible notes, current portion	190,331^a	0^a
Deferred revenues, current portion	137,700^a	118,723^a
Lease liabilities, current portion	10,327^a	10,436^a
Total current liabilities	398,900^a	191,563^a
Liabilities and stockholders' equity	—	—
Convertible notes, net of current portion	302,115^a	490,464^a
Deferred revenues, net of current portion	27,281^a	17,350^a
Lease liabilities, net of current portion	38,346^a	45,588^a
Other long-term liabilities	10,357^a	7,981^a
Total liabilities	776,999^a	752,946^a
Stockholders' equity	—	—
Preferred stock	0^a	0^a
Common stock	6^a	6^a
Additional paid-in capital	1,183,893^a	1,075,278^a
Accumulated other comprehensive loss	-1,873^a	-1,111^a
Accumulated deficit	-664,230^a	-625,694^a
Total stockholders' equity	517,796^a	448,479^a
Total liabilities and stockholders' equity	1,294,795^a	1,201,425^a

Verified Sources Behind Q2 Holdings’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Q2 Holdings’s data sources below and access millions more through our Disclosure Search.

a. Q2 Holdings's 10-K 2024

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Q2 Holdings Inc

Financial Statements of Q2 Holdings

Verified Sources Behind Q2 Holdings’s Financial Fundamentals Data

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