---
schema_version: "secwatch.filing_event.v1"
accession: "0001410384-23-000010"
form_type: "8-K"
ticker: "QTWO"
cik: "0001410384"
company_name: "Q2 Holdings, Inc."
filed_at: "2023-02-21T23:59:59+00:00"
generated_at: "2026-06-19T06:45:03.931678+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Q2 Holdings Q4 2022 revenue $146.5M (+11% YoY); net loss $32.4M; guides Q1 2023 non-GAAP revenue $149-152M

## Summary
- Q4 GAAP revenue $146.5M (+11% YoY); full-year 2022 revenue $565.7M (+13% YoY).
- Q4 GAAP net loss $32.4M vs $25.4M in prior-year quarter; full-year net loss $109.0M vs $112.7M in 2021.
- Q4 adjusted EBITDA $8.4M, down from $10.8M a year ago; full-year adjusted EBITDA $36.9M vs $37.9M.
- Mutual contract termination with international alternative finance customer reduced Q4 revenue by $3.1M and adjusted EBITDA by $3.9M.
- Q4 ARR $655.2M (+14% YoY); backlog ~$1.5B (+6% YoY); record sales quarter with multiple Tier 1/Enterprise deals.

## SEC filing metadata
- accession: 0001410384-23-000010
- form_type: 8-K
- ticker: QTWO
- cik: 0001410384
- company_name: Q2 Holdings, Inc.
- filed_at: 2023-02-21T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1410384/000141038423000010/0001410384-23-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1410384/000141038423000010/qtwo-20230221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001410384-23-000010
- JSON: https://secwatch.observer/filing/0001410384-23-000010.json
- Plain text: https://secwatch.observer/filing/0001410384-23-000010.txt

## Key facts
- Earnings Releases
  Q2 Holdings, Inc. updated its the fourth quarter and fiscal year ended December 31, 2022 guidance (raised).
  - Period: the fourth quarter and fiscal year ended December 31, 2022
  - Guidance: raised
  - Result: reported results
  source text: On February 21, 2023, Q2 Holdings, Inc. (the "Company") issued a press release regarding its financial results for the fourth quarter and fiscal year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1410384/000141038423000010/0001410384-23-000010-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.