Q2 Earnings Reports

Q2 Holdings reported strong Q4 revenue growth of 12.91% YoY, driven by record bookings in digital banking and relationship pricing. The company achieved its best cross-sale and renewal quarter ever, alongside improved profitability.

Q2 Holdings reported Q4 revenue of $162.1 million, up 11% year-over-year, and adjusted EBITDA of $23.2 million. The company closed out 2023 with its best bookings performance in company history.

Q2 Holdings reported revenue of $155.0 million, a 7% increase year-over-year, and adjusted EBITDA of $19.7 million, up from $10.8 million in the prior-year quarter. The company signed several new and expansion deals, including significant digital banking contracts. Q2 is raising its adjusted EBITDA outlook for the remainder of the year.

Q2 Holdings, Inc. reported revenue of $154.5 million, a 10% increase year-over-year. The company's adjusted EBITDA exceeded the high end of its guidance, driven by ongoing demand for higher margin subscription businesses and successful cost initiatives.

Q2 Holdings reported a revenue of $153.0 million, a GAAP gross margin of 47.9%, and a GAAP net loss of $0.5 million for the first quarter of 2023. The company signed three Tier 1 digital banking contracts and experienced growth in registered users on the Q2 digital banking platform.

Q2 Holdings reported an 11% year-over-year increase in revenue for the fourth quarter, reaching $146.5 million. The company's largest sales quarter in history was driven by several Tier 1 and Enterprise deals. Focus on cost management is expected to drive sustained growth and margin expansion for 2023 and beyond.

Q2 Holdings reported Q3 2022 revenue of $144.8 million, a 14% year-over-year increase. The company's adjusted EBITDA was $10.8 million, up from $7.3 million in the prior-year quarter. While total revenue came in below guidance due to lower-than-expected discretionary services and transactional revenue, the company anticipates continued pressure on lower margin revenue streams.

Q2 Holdings, Inc. reported Q2 2022 financial results with revenue of $140.3 million, a 14% increase year-over-year. The company highlighted key wins across its business lines, including significant digital banking and lending deals. They are reiterating their full year guidance, while monitoring the uncertain economic backdrop.

Q2 Holdings' first quarter results showed a 15% year-over-year increase in revenue to $134.1 million. The company signed several new deals in digital lending and banking, and saw strong performance from its Emerging Businesses. They are raising their full-year guidance, which reflects confidence in a reacceleration of revenue growth and margin expansion exiting 2022 and into 2023.

Q2 Holdings reported strong Q4 2021 results with revenue up 21% year-over-year. The company delivered its second largest bookings quarter and best half-year of bookings performance in company history.

Q2 Holdings, Inc. reported a 22% year-over-year increase in revenue, reaching $126.7 million for the third quarter of 2021. The company's sales performance improved, with substantial growth in net new bookings and continued strength in expansion activity. Q2 is raising its guidance for both revenue and adjusted EBITDA for the remainder of the year.

Q2 Holdings reported a solid financial performance in the second quarter, exceeding revenue and adjusted EBITDA guidance. The company had key wins in digital banking, lending, and banking-as-a-service and launched Q2 Innovation Studio to bring innovation to customers faster and differentiate offerings.

Q2 Holdings, Inc. reported a strong start to 2021 with revenue of $116.5 million, up 26% year-over-year. The company's adjusted EBITDA was $9.9 million, a significant increase from the prior-year quarter. They are raising their full year revenue guidance and revising their adjusted EBITDA guidance to reflect their current views on their business outlook for the remainder of 2021 and the impact of the ClickSWITCH acquisition.

Q2 Holdings reported a 26% year-over-year increase in revenue for the fourth quarter, reaching $109.0 million. The company exceeded the high end of its revenue guidance, with free cash flow at $11.6 million and ending the year with $539.1 million in cash, cash equivalents, and investments.

Q2 Holdings reported a solid third quarter with revenue of $103.8 million, up 30% year-over-year. The company saw growth in registered users and exceeded guidance for non-GAAP revenue and adjusted EBITDA.

Q2 Holdings reported a solid second quarter with revenue of $97.6 million, up 26% year-over-year. The company signed several Tier 1 customer contracts and saw strong user growth, while also raising full-year revenue and adjusted EBITDA guidance.

Q2 Holdings reported a 30% year-over-year increase in revenue, reaching $92.4 million for the first quarter. The company signed new Tier 1 digital banking and lending deals and onboarded approximately 800,000 users. However, the company anticipates a slowdown in new business bookings and potential project delays due to the COVID-19 pandemic.

Q2 Holdings reported revenue of $86.84 million, a 29% increase year-over-year. The company's non-GAAP gross margin was 56.8%, and adjusted EBITDA reached $10.6 million. They ended the year with over $1 billion in committed backlog.