---
schema_version: "secwatch.filing_event.v1"
accession: "0001410384-24-000156"
form_type: "8-K"
ticker: "QTWO"
cik: "0001410384"
company_name: "Q2 Holdings, Inc."
filed_at: "2024-07-31T23:59:59+00:00"
generated_at: "2026-05-31T14:19:29.231933+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Q2 Holdings beats Q2 estimates; raises full-year revenue and EBITDA guidance

## Summary
- Revenue $172.9M (+12% YoY), GAAP net loss $13.1M (improved from $23.6M loss YoY), adj EBITDA $29.9M (+70% YoY).
- Subscription ARR $633.9M (+19% YoY); committed backlog $2.0B (+28% YoY) with record $38M sequential increase.
- Raised FY2024 guidance: non-GAAP revenue $688.5-692.5M (+10-11% YoY); adj EBITDA $116.5-119.5M (17% margin).
- Signed four Tier 1 digital banking contracts in Q2, including two new banks and two expansion agreements.

## SEC filing metadata
- accession: 0001410384-24-000156
- form_type: 8-K
- ticker: QTWO
- cik: 0001410384
- company_name: Q2 Holdings, Inc.
- filed_at: 2024-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1410384/000141038424000156/0001410384-24-000156-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1410384/000141038424000156/qtwo-20240731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001410384-24-000156
- JSON: https://secwatch.observer/filing/0001410384-24-000156.json
- Plain text: https://secwatch.observer/filing/0001410384-24-000156.txt

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