secwatch.observer — SEC 8-K summary
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Issuer:     Q2 Holdings, Inc. (QTWO)
CIK:        0001410384
Form:       8-K
Filed at:   2026-02-11T23:59:59+00:00
Accession:  0001410384-26-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Q2 Holdings Q4 revenue $208.2M (+14% YoY); GAAP net income $20.4M; guides FY26 revenue $871-878M
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1410384/000141038426000005/0001410384-26-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1410384/000141038426000005/qtwo-20260211.htm
  HTML page:      https://secwatch.observer/filing/0001410384-26-000005

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