earnings
confidence high
sentiment positive
materiality 0.75
Q2 Holdings Q4 revenue $208.2M (+14% YoY); GAAP net income $20.4M; guides FY26 revenue $871-878M
Q2 Holdings, Inc.
2025-FY EPS reported
$0.80
revenue$794,809,000
- Q4 revenue $208.2M (+14% YoY); GAAP net income $20.4M vs $0.2M last year; adjusted EBITDA $51.2M.
- Full-year 2025 revenue $794.8M (+14%); GAAP net income $52.0M vs loss of $38.5M in 2024; adjusted EBITDA $186.5M.
- Backlog (RPO) reached $2.7B, up 21% YoY; eight Enterprise/Tier 1 contracts signed in Q4, including a net new Tier 1 bank.
- Q1 2026 guidance: revenue $212.5-216.5M (+12-14%); adjusted EBITDA $52.5-55.5M (25-26% margin).
- New framework: 2027 subscription revenue growth ~12.5-13%; 2030 EBITDA margin target ~35% and non-GAAP gross margin ~65%.