{"schema_version":"secwatch.filing_event.v1","accession":"0001410384-24-000097","form_type":"8-K","ticker":"QTWO","cik":"0001410384","company_name":"Q2 Holdings, Inc.","filed_at":"2024-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.297781+00:00","generated_at":"2026-06-03T02:35:51.103333+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Q2 Holdings Q1 revenue $165.5M (+8% YoY); raises FY2024 guidance","bullets":["GAAP net loss $13.8M vs. $0.5M loss in prior-year quarter (which included $19.9M gain on debt repurchase).","Adjusted EBITDA $25.2M, up from $16.5M YoY; subscription ARR $615.1M (+18% YoY).","Backlog $1.9B (+25% YoY); signed four Tier 1 digital banking contracts in Q1.","Q2 2024 guidance: non-GAAP revenue $169-172M, adjusted EBITDA $26-28M.","FY2024 guidance raised: non-GAAP revenue $686-692M, adjusted EBITDA $110-114M."],"urls":{"canonical":"https://secwatch.observer/filing/0001410384-24-000097","json":"https://secwatch.observer/filing/0001410384-24-000097.json","markdown":"https://secwatch.observer/filing/0001410384-24-000097.md","text":"https://secwatch.observer/filing/0001410384-24-000097.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1410384/000141038424000097/0001410384-24-000097-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1410384/000141038424000097/qtwo-20240501.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T02:35:51.103333+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"55d8c3ff9d46373b92e191c054867e61b46cb26d","claim":"Q2 Holdings, Inc. reported first quarter ending March 31, 2024 results: revenue $165.5 million, net income GAAP net loss for the first quarter of $13.8 million. Guidance raised.","evidence_excerpt":"solutions for financial services, today announced results for its first quarter ending March 31, 2024. GAAP Results for the First Quarter 2024 • Revenue for the first quarter of $165.5 million, up 8 percent year-over-year an d up 2 percent from the fourth quarter of 2023. • GAAP gross margin for the first quarter of 49.7 percent, up from 47.9 percent in the prior-year","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1410384/000141038424000097/0001410384-24-000097-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ending March 31, 2024"},{"label":"Revenue","value":"$165.5 million"},{"label":"Net income","value":"GAAP net loss for the first quarter of $13.8 million"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}