---
schema_version: "secwatch.filing_event.v1"
accession: "0001410384-23-000044"
form_type: "8-K"
ticker: "QTWO"
cik: "0001410384"
company_name: "Q2 Holdings, Inc."
filed_at: "2023-03-13T23:59:59+00:00"
generated_at: "2026-06-18T04:19:58.474739+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Q2 Holdings discloses minimal direct exposure to Silicon Valley Bank and Signature Bank

## Summary
- Cash deposits at Silicon Valley Bank less than $5,000; holds no securities there.
- No cash deposits or securities at Signature Bank; Signature Bank not a Q2 customer.
- SVB was a customer but revenue from SVB was <0.5% of Q2's 2022 total revenue.
- No individual customer >4% of revenue; top 20 customers collectively <25% of total revenue.
- Actively monitoring financial services markets for impacts on customers and operations.

## SEC filing metadata
- accession: 0001410384-23-000044
- form_type: 8-K
- ticker: QTWO
- cik: 0001410384
- company_name: Q2 Holdings, Inc.
- filed_at: 2023-03-13T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1410384/000141038423000044/0001410384-23-000044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1410384/000141038423000044/qtwo-20230313.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001410384-23-000044
- JSON: https://secwatch.observer/filing/0001410384-23-000044.json
- Plain text: https://secwatch.observer/filing/0001410384-23-000044.txt

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