Highest-materiality recent filing
Q2 Holdings stockholders elect all seven director nominees at 2026 annual meeting
All director nominees elected with at least 52.9 million votes 'for' each; broker non-votes of 3.97 million.
GAAP net income $26.6M vs $4.8M year ago; adj EBITDA $60.0M (27.7% margin) vs $40.7M.
Q2 Holdings Q4 revenue $208.2M (+14% YoY); GAAP net income $20.4M; guides FY26 revenue $871-878M
Q4 revenue $208.2M (+14% YoY); GAAP net income $20.4M vs $0.2M last year; adjusted EBITDA $51.2M.
Q2 Holdings Q3 revenue $201.7M (+15% YoY), net income $15.0M; raises FY2025 guidance
GAAP net income $15.0M vs. loss $11.8M YoY; Adjusted EBITDA $48.8M (vs. $32.6M YoY).
Q2 Holdings appoints new COO, CBO, President; CRO departing
Himagiri Mukkamala becomes COO effective Nov 6, 2025, leading engineering, service delivery, and customer experience.
Q2 Holdings Q2 revenue $195.1M (+13% YoY); turns profitable with net income $11.8M
Revenue $195.1M (up 13% YoY); GAAP net income $11.8M vs net loss $13.1M a year ago.
All seven director nominees elected with at least 84% of votes cast; Margaret L. Taylor received lowest support at 47.3M for vs 8.4M withheld.
Q2 Holdings Q1 beats guidance; revenue $189.7M, GAAP net income $4.8M, adj EBITDA $40.7M
Revenue $189.7M (+15% YoY); GAAP net income $4.8M vs net loss of $13.8M in Q1 2024.
Director Jeffrey T. Diehl won't stand for reelection at Q2 Holdings 2025 annual meeting
Diehl notified Board on March 7, 2025; will serve until term expires.
Q2 Holdings Q4 revenue $183M (+13% YoY), GAAP net income turns positive; raises three-year targets
Q4 revenue $183.0M (+13% YoY); GAAP net income $0.2M vs loss of $18.1M YoY.
Q2 Holdings appoints Andre L. Mintz to Board of Directors, effective March 1, 2025
Board expanded from 7 to 8 directors; Mintz appointed effective March 1, 2025.
Q2 Holdings appoints John E. Breeden as Chief Delivery Officer from COO
John E. Breeden appointed Chief Delivery Officer effective November 25, 2024.
Q2 Holdings Q3 revenue $175M (+13% YoY); adjusted EBITDA $32.6M; backlog tops $2B
GAAP net loss improved to $11.8M from $23.2M a year ago; gross margin 50.9% vs 47.8%.
Q2 Holdings appoints Jonathan Price as CFO effective November 2024; David Mehok departs
Jonathan Price, currently EVP Strategy & Emerging Businesses, named CFO effective on or about Nov 6, 2024.
Q2 Holdings beats Q2 estimates; raises full-year revenue and EBITDA guidance
Revenue $172.9M (+12% YoY), GAAP net loss $13.1M (improved from $23.6M loss YoY), adj EBITDA $29.9M (+70% YoY).
Q2 Holdings enters $125M secured revolving credit agreement with Wells Fargo/Texas Capital Bank
Five-year revolving line of $125M, with sublimits of $20M swingline and $10M letters of credit.
Q2 Holdings annual meeting elects all 7 director nominees, ratifies EY, approves say-on-pay
All director nominees elected: R. Lynn Atchison, Jeffrey T. Diehl, Matthew P. Flake, Stephen C. Hooley, James R. Offerdahl, Margaret L. Taylor, Lynn Antipas Tyson.
Founder Hank Seale steps down as chairman; CEO Matt Flake to succeed
Founder R.H. 'Hank' Seale III will not stand for re-election to Q2 board at June 11, 2024 annual meeting.
Q2 Holdings Q1 revenue $165.5M (+8% YoY); raises FY2024 guidance
GAAP net loss $13.8M vs. $0.5M loss in prior-year quarter (which included $19.9M gain on debt repurchase).
Revenue $162.1M (+11% YoY); full-year revenue $624.6M (+10% YoY). GAAP net loss narrowed to $18.1M from $32.4M.
Q2 Holdings Q3 revenue $155M (+7% YoY), adj. EBITDA $19.7M, raises FY outlook
GAAP net loss narrowed to $23.2M from $27.8M a year ago; gross margin 47.8%.
Q2 Holdings Q2 revenue $154.5M (+10% YoY), raises FY23 adjusted EBITDA guidance
Revenue $154.5M (+10% YoY); GAAP net loss $23.6M vs $25.2M loss a year ago.
Stockholders approve 2023 Equity Incentive Plan at annual meeting
All eight director nominees elected with majority votes (e.g., R. Lynn Atchison 45.6M for).
Q2 Holdings Q1 revenue $153.0M (+14% YoY), adjusted EBITDA $16.5M; raises FY23 EBITDA guidance
GAAP net loss of $0.5M vs -$23.6M YoY; includes $19.9M gain from partial debt repurchase.
Q2 Holdings appoints Kirk Coleman as President; CEO Flake relinquishes President role
Kirk Coleman promoted to President effective May 3, 2023; previously Chief Banking Officer since Dec 2021.
Q2 Holdings discloses First Republic Bank contributed ~2.5% of 2022 revenue; bank seized by FDIC
First Republic Bank accounted for ~2.5% of Q2's total 2022 revenue, predominantly from professional services.
Q2 Holdings discloses minimal direct exposure to Silicon Valley Bank and Signature Bank
Cash deposits at Silicon Valley Bank less than $5,000; holds no securities there.
Q2 repurchases $171.3M aggregate principal of convertible notes; terminates related capped calls
Settled repurchase of $159.0M principal of 0.125% Convertible Senior Notes due 2025 for $138.4M cash.
Q2 Holdings repurchases $171.3M aggregate principal of convertible notes at discount
Repurchased $159M of 0.125% 2025 notes for $138.4M cash; $12.3M of 0.75% 2026 notes for $10.7M cash.
Q2 Holdings grants 71k TSR & 71k EBITDA PSUs to CEO; other execs also awarded
CEO Matthew Flake receives 71,058 TSR PSUs and 71,059 EBITDA PSUs under new 2023 PSU form.
Q4 GAAP revenue $146.5M (+11% YoY); full-year 2022 revenue $565.7M (+13% YoY).
Revenue $144.8M (+14% YoY), GAAP net loss $27.8M (vs $31.6M YoY), adjusted EBITDA $10.8M (vs $7.3M YoY).
Q2 Q2 2022 rev $140.3M (+14% YoY); adj EBITDA $9.7M; guides Q3 rev $145.8-$147.8M
GAAP net loss $25.2M, improved from $30.1M loss in prior-year Q2.
Q2 Holdings shareholders elect all 8 director nominees at 2022 annual meeting
All 8 director nominees elected with 50.5M–52.5M votes for; broker non-votes of 2.08M.
Q2 Holdings Q1 revenue $134.1M (+15% YoY), beats guidance; raises FY2022 outlook
Q1 revenue $134.1M (+15% YoY), above high end of guidance; GAAP net loss $23.6M vs $25.7M prior-year quarter.
Q2 Holdings Q4 revenue $131.9M (+21% YoY); ARR $574.2M (+24%); guides FY22 rev $576-581M
GAAP net loss narrowed to $25.4M from $37.8M in Q4 2020; full-year net loss $112.7M vs $137.6M.
Q2 Holdings sets long-term 2026 targets: $1.2B revenue, 20% adjusted EBITDA margin
Targets ~$1.2B non-GAAP revenue, ~60% gross margin, ~20% adjusted EBITDA margin by 2026.
Q2 Holdings Q3 revenue $126.7M (+22% YoY); raises FY guidance
Q3 GAAP revenue $126.7M (+22% YoY); GAAP net loss $31.6M vs $26.7M prior-year.
Q2 Holdings enters amended executive employment agreements with enhanced severance for CEO and NEOs
CEO Flake: non-CIC severance of 200% salary + pro-rata target bonus over 24 months; CIC severance 250% salary lump sum, full equity vesting, COBRA up to 30 months.
Q2 Holdings beats Q2 guidance, revenue $123.6M (+27% YoY), raises FY outlook
GAAP revenue $123.6M, up 27% YoY; GAAP net loss $30.1M vs $39.0M loss in prior year quarter.
On March 7, 2025, Jeffrey T. Diehl, a member of the Board of Directors (the "Board") of Q2 Holdings, Inc. (the "Company") notified the Company of his decision not to stand for reelection at the Company’s 2025 annual meeting of stockholders.
appointed John E. Breeden, previously the Company’s Chief Operating Officer, as the Company’s Chief Delivery Officer, effective November 25, 2024
the Board of Directors of Q2 Holdings, Inc. (" Q2 ") appointed Jonathan A. Price (age 41), currently Q2’s Executive Vice President, Strategy & Emerging Businesses, as Q2’s Chief Financial Officer, effective on or about November 6, 2024
Mr. Mehok’s departure is not due to any dispute or disagreement with Q2 on any matter relating to Q2’s operations, policies, practices or financial performance.
On May 6, 2024, R.H. Seale, III provided notice to Q2 Holdings, Inc. (" Q2 ") of his decision not to stand for re-election to the Board of Directors of Q2 (the " Board ").
Mr. Flake resigned from his role as President, effective as of May 3, 2023.
appointed Kirk L. Coleman, previously Q2’s Chief Banking Officer, as President, effective May 3, 2023.
Max materiality 0.80 · Median 0.68 · Most common event earnings