---
schema_version: "secwatch.filing_event.v1"
accession: "0001410384-25-000156"
form_type: "8-K"
ticker: "QTWO"
cik: "0001410384"
company_name: "Q2 Holdings, Inc."
filed_at: "2025-11-05T23:59:59+00:00"
generated_at: "2026-05-17T00:14:02.298514+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Q2 Holdings Q3 revenue $201.7M (+15% YoY), net income $15.0M; raises FY2025 guidance

## Summary
- GAAP net income $15.0M vs. loss $11.8M YoY; Adjusted EBITDA $48.8M (vs. $32.6M YoY).
- Q4 2025 guidance: revenue $202.4-206.4M; FY2025 raised to $789-793M, adj EBITDA $182.5-185.5M.
- Board authorizes $150M share repurchase program with no expiration date.
- Hima Mukkamala promoted to COO, Kirk Coleman to Chief Business Officer; CRO Mike Volanoski departing.
- Record Q3 bookings; Subscription ARR $745.4M (+14% YoY); Backlog $2.5B (+24% YoY).

## SEC filing metadata
- accession: 0001410384-25-000156
- form_type: 8-K
- ticker: QTWO
- cik: 0001410384
- company_name: Q2 Holdings, Inc.
- filed_at: 2025-11-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1410384/000141038425000156/0001410384-25-000156-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1410384/000141038425000156/qtwo-20251105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001410384-25-000156
- JSON: https://secwatch.observer/filing/0001410384-25-000156.json
- Plain text: https://secwatch.observer/filing/0001410384-25-000156.txt

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