QTWO
Q2 Holdings, Inc.
NYSEUSDEQUITY
Technology
DELAYED
Last price
63.91
▲ 0.09 (0.14%)
MARKET · —
Price
Open
63.82
Prev close
63.82
Day high
64.32
Day low
62.43
Volume
525.38K
Market cap
$3.99B
P/E (TTM)
45.01
52W range
40.79 – 85.19
Trailing performance
Returnvs SPY
1W
-1.27%
+0.1%
1M
+20.86%
+17.1%
3M
+38.06%
+35.0%
6M
+25.86%
+14.8%
YTD
-11.43%
-23.7%
1Y
-15.31%
-35.3%
3Y
+90.72%
+16.5%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$3.99B
Enterprise value$3.92B
Revenue (TTM)$846.20M
Gross profit$482.24M
EBITDA$114.33M
Net income$91.99M
EPS (TTM)$1.42
Free cash flow$190.32M
Total cash$106.42M
Total debt$40.93M
Book value / share$10.32
Shares outstanding62.35M
Float61.28M
Short % of float9.92%
Dividend yield—
Beta (5Y)1.33
Valuation & profitability ratios
Trailing P/E45.01
Forward P/E19.46
PEG ratio8.35
Price / sales—
Price / book6.19
EV / revenue4.63
EV / EBITDA34.28
Gross margin56.99%
Operating margin13.36%
Profit margin10.87%
Return on equity14.98%
Return on assets4.53%
Debt / equity6.36
Current ratio0.95
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Total revenue | $794.81M | $696.46M | $624.62M | $565.67M |
| Cost of revenue | $0 | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 | $0 |
| R&D | — | — | — | — |
| SG&A | — | — | — | — |
| Operating income | — | — | — | — |
| Pre-tax income | — | — | — | — |
| Tax provision | $0 | $0 | $0 | $0 |
| Net income | $52.01M | -$38.54M | -$65.38M | -$108.98M |
| EBIT | $0 | $0 | $0 | $0 |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Cash & equivalents | — | — | — | — |
| Short-term investments | — | — | — | — |
| Net receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Total current assets | — | — | — | — |
| Total assets | — | — | — | — |
| Total current liabilities | — | — | — | — |
| Long-term debt | — | — | — | — |
| Total liabilities | — | — | — | — |
| Retained earnings | — | — | — | — |
| Shareholder equity | — | — | — | — |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Net income | $52.01M | -$38.54M | -$65.38M | -$108.98M |
| Depreciation | — | — | — | — |
| Change in working capital | — | — | — | — |
| Operating cash flow | — | — | — | — |
| Capital expenditure | — | — | — | — |
| Investing cash flow | — | — | — | — |
| Dividends paid | — | — | — | — |
| Buybacks | — | — | — | — |
| Financing cash flow | — | — | — | — |
| Net change in cash | — | — | — | — |
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.67 | 0.70 | +4.5% |
| Mar 2026 | 0.69 | 0.63 | -8.7% |
| Dec 2025 | 0.61 | 0.68 | +11.1% |
| Sep 2025 | 0.56 | 0.64 | +13.4% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.69 | 9 | $221.24M | +9.7% |
| Next quarter | 0.71 | 9 | $227.21M | +9.1% |
| Current year | 2.83 | 9 | $884.85M | +11.3% |
| Next year | 3.28 | 9 | $974.56M | +10.1% |
Analyst targets & ownership
Mean target$74.36
High target$82.00
Low target$60.00
Implied upside16.36%
Analyst count11
ConsensusBUY
Strong buy / Buy3 / 7
Hold2
Sell / Strong sell0 / 0
Held by insiders0.76%
Held by institutions108.95%
Institutions holding466
Price targets, consensus spread, insider and institutional ownership.
Insider net activity
Net shares
+401.95K
Net buying
Buy transactions
20
955.64K shares
Sell transactions
22
553.68K shares
Net transactions
+42
Buys less sells
Sell : buy shares
0.6 : 1
Mixed
Insider-held shares
471.40K
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Aug 13, 26 | PRICE JONATHAN Chief Financial Officer |
SELL | 77.18K | $5.07M | Direct |
| Aug 10, 26 | RUTLEDGE KIMBERLY ANNE Officer |
SELL | 10.00K | $630.70K | Direct |
| Jun 10, 26 | COLEMAN KIRK L Officer |
SELL | 3.60K | $156.66K | Direct |
| Jun 10, 26 | HOOLEY STEPHEN C Director |
STOCK | 4.74K | $0 | Direct |
| Jun 10, 26 | TAYLOR MARGARET L Director |
STOCK | 4.74K | $0 | Direct |
| Jun 10, 26 | OFFERDAHL JAMES R Director |
STOCK | 4.74K | $0 | Direct |
| Jun 10, 26 | ATCHISON REBECCA LYNN Director |
STOCK | 4.74K | $0 | Direct |
| Jun 10, 26 | TYSON LYNN ANTIPAS Director |
STOCK | 4.74K | $0 | Direct |
| Jun 10, 26 | MINTZ ANDRE Director |
STOCK | 4.74K | $0 | Direct |
| Jun 1, 26 | COLEMAN KIRK L Officer |
SELL | 20.89K | $1.03M | Direct |
| Jun 1, 26 | COLEMAN KIRK L Officer |
STOCK | 34.90K | $0 | Direct |
| May 14, 26 | KERR MICHAEL SCOTT General Counsel |
SELL | 397 | $17.86K | Direct |
| Mar 11, 26 | BREEDEN JOHN E Officer |
SELL | 8.92K | $449.23K | Direct |
| Mar 11, 26 | RUTLEDGE KIMBERLY ANNE Officer |
SELL | 3.19K | $160.53K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
ATCHISON REBECCA LYNN |
Director | 26.98K | Stock Award(Grant) |
BREEDEN JOHN E |
Officer | 133.13K | Sale |
COLEMAN KIRK L |
Officer | 329.66K | Sale |
FLAKE MATTHEW P |
Chief Executive Officer | 675.92K | Stock Award(Grant) |
KERR MICHAEL SCOTT |
General Counsel | 81.38K | Sale |
MUKKAMALA HIMAGIRI K |
Chief Operating Officer | 170.00K | Stock Award(Grant) |
PRICE JONATHAN |
Chief Financial Officer | 207.63K | Sale |
RUTLEDGE KIMBERLY ANNE |
Officer | 113.91K | Sale |
TAYLOR MARGARET L |
Director | 25.73K | Stock Award(Grant) |
VOLANOSKI MICHAEL A. |
Officer | 166.51K | Sale |
Moving averages & technicals
SMA 10
63.94
-0.05% from price
SMA 20
62.67
+1.98% from price
SMA 50
54.77
+16.69% from price
SMA 100
51.48
+24.14% from price
SMA 200
57.14
+11.85% from price
EMA 12
63.30
+0.97% from price
EMA 26
60.72
+5.26% from price
EMA 50
57.20
+11.73% from price
RSI (14)
62.0
Neutral
MACD (12,26,9)
2.58
Hist -0.40
ATR (14)
2.56
4.00% of price
Realised vol 30D
39.0%
Annualised
Bollinger upper
66.73
20, 2σ
Bollinger lower
58.61
20, 2σ
50 / 200 cross
Death
54.77 vs 57.14
Trend bias
Above 200
+11.85%
Risk profile
Beta vs SPY
0.40
Less volatile than market
Correlation to SPY
0.11
Largely independent
Realised vol 30D
39.0%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-50.0%
Peak to trough
Max drawdown 5Y
-77.0%
Peak to trough
ATR 14
2.56
4.00% of price
Beta (reported)
1.33
5Y monthly, from filing
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
0.33
Call-heavy session
Put / call open interest
0.26
Positioning, not flow
Max pain
55.00
-13.9% from spot
ATM implied vol
52.3%
Nearest strike to spot
Skew (10% OTM)
+10.4%
Puts bid over calls
Call volume
82
Contracts, this expiry
Put volume
27
Contracts, this expiry
Heaviest call OI
70.00
58 contracts
Heaviest put OI
45.00
26 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
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PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.