secwatch.observer — SEC 8-K summary
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Issuer:     Q2 Holdings, Inc. (QTWO)
CIK:        0001410384
Form:       8-K
Filed at:   2025-11-05T23:59:59+00:00
Accession:  0001410384-25-000156
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1410384/000141038425000156/0001410384-25-000156-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1410384/000141038425000156/qtwo-20251105.htm
  HTML page:      https://secwatch.observer/filing/0001410384-25-000156

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer