Q2 Software Overview
- Year Founded
-
2004
- Status
-
Public
- Employees
-
2,315
- Stock Symbol
-
QTWO
- Investments
-
9
- Share Price
-
$71.14
- (As of Friday Closing)
Q2 Software General Information
Description
Q2 Holdings Inc. is a provider of cloud-based virtual banking solutions for regional financial institutions to deliver mobile banking services to retail and commercial end-users who wish to bank anywhere and anytime. Its solutions operate on an integrated tablet-first platform which provides financial institutions a comprehensive view of account holder activity and meets the regulatory and security requirements applicable to the industry. The firm generates revenue from subscription-based arrangements for software offerings. A large majority of the firm's revenue is generated in the United States.
Contact Information
Website
www.q2ebanking.comCorporate Office
- 10355 Pecan Park Boulevard
- Austin, TX 78729
- United States
Corporate Office
- 10355 Pecan Park Boulevard
- Austin, TX 78729
- United States
Q2 Software Stock Performance
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $71.14 | $73.16 | $28.91 - $75.94 | $4.29B | 60.3M | 568K | -$1.16 |
Q2 Software Financials Summary
|
In Thousands, USD |
TTM 30-Jun-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| EV | 3,833,362 | 2,800,494 | 1,882,542 | 4,736,014 |
| Revenue | 655,483 | 624,624 | 565,673 | 498,720 |
| EBITDA | 2,320 | 5,519 | (43,102) | (24,675) |
| Net Income | (68,149) | (65,384) | (108,983) | (112,746) |
| Total Assets | 1,249,024 | 1,201,425 | 1,349,726 | 1,385,045 |
| Total Debt | 544,122 | 548,916 | 733,341 | 621,973 |
Q2 Software Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Q2 Software Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
|---|
Q2 Software Comparisons
Industry
Financing
Details
00000
000000
Q2 Software Competitors (42)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| nCino | Formerly VC-backed | Wilmington, NC | 0000 | 00000 | 00000000000 | 00000 |
| MoneyGram | Private Equity-Backed | Dallas, TX | 0000 | 00.000 | 000000000 00 | |
| Avaloq | Private Equity-Backed | Zurich, Switzerland | 0000 | 0000000 0000 | ||
| Adenza | Formerly PE-Backed | New York, NY | 0000 | 00.00 | 000000000 - | |
| Temenos Headquarters | Formerly PE-Backed | Geneva, Switzerland | 0000 | 00000 | 000000000 | 00000 |
Q2 Software Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
Q2 Software Patents
Q2 Software Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20210389982-A1 | System and method for process and data isolation in a networked service environment | Pending | 10-Jun-2020 | 000000000 | 0 |
| US-20210389983-A1 | System and method for process and data observation in a networked service environment | Active | 10-Jun-2020 | 000000000 | 0 |
| US-11893415-B2 | System and method for process and data observation in a networked service environment | Active | 10-Jun-2020 | 0000000000 | 0 |
| EP-3977331-A4 | System and method for information retrieval for noisy data | Pending | 31-May-2019 | 0000000000 | 0 |
| EP-3977331-A1 | System and method for information retrieval for noisy data | Pending | 31-May-2019 | G06F16/3334 |
Q2 Software Executive Team (35)
| Name | Title | Board Seat |
|---|---|---|
| Matthew Flake | Chief Executive Officer & Chairman | |
| Kirk Coleman | President | |
| Jennifer Harris | Chief Financial Officer | |
| David Mehok | Chief Financial Officer | |
| John Breeden | Chief Operating Officer |
Q2 Software Board Members (15)
| Name | Representing | Role | Since |
|---|---|---|---|
| James Offerdahl | Self | Board Member | 000 0000 |
| Jeffrey Diehl | Adams Street Partners | Board Member | 000 0000 |
| Lynn Tyson | Self | Board Member | 000 0000 |
| Margaret Taylor | Self | Board Member | 000 0000 |
| Matthew Flake | Q2 Software | Chief Executive Officer & Chairman | 000 0000 |
Q2 Software Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
Q2 Software Investments & Acquisitions (9)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Sensibill | 03-Oct-2022 | 0000000000 | 00.00 | Financial Software | 0000 0000 |
| ClickSWITCH | 01-Apr-2021 | 0000000000 | 000.00 | Financial Software | 0000000 0 |
| Lender Performance Group | 31-Oct-2019 | 0000000000 | 00000 | Financial Software | 0000000 0 |
| Q2 Gro | 30-Nov-2018 | 0000000000 | 000.00 | Financial Software | 0000000 0 |
| Cloud Lending Solutions | 15-Oct-2018 | Merger/Acquisition | 00000 | Financial Software | 0000000 0 |
Q2 Software Subsidiaries (3)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Sensibill | Financial Software | Toronto, Canada | 2013 |
| Lender Performance Group | Financial Software | Charlotte, NC | 0000 |
| SmartyPig | Financial Software | Salt Lake City, UT | 0000 |
Q2 Software ESG
Risk Overview
Risk Rating
Updated April, 27, 2024
24.5 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
00.00
Management
Management is related to actions taken to manage ESG issues
00.00
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
00 of 16,009
Rank
Percentile
Software & Services
Industry
00 of 1,094
Rank
Percentile
Internet Software and Services
Subindustry
00 of 236
Rank
Percentile
Q2 Software Exits (1)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Cambr | 16-Apr-2018 | 00000 000000 | Completed |
|
Q2 Software FAQs
-
When was Q2 Software founded?
Q2 Software was founded in 2004.
-
Who is the founder of Q2 Software?
Doug Kuhn is the founder of Q2 Software.
-
Who is the CEO of Q2 Software?
Matthew Flake is the CEO of Q2 Software.
-
Where is Q2 Software headquartered?
Q2 Software is headquartered in Austin, TX.
-
What is the size of Q2 Software?
Q2 Software has 2,315 total employees.
-
What industry is Q2 Software in?
Q2 Software’s primary industry is Financial Software.
-
Is Q2 Software a private or public company?
Q2 Software is a Public company.
-
What is Q2 Software’s stock symbol?
The ticker symbol for Q2 Software is QTWO.
-
What is the current stock price of Q2 Software?
As of 06-Sep-2024 the stock price of Q2 Software is $71.14.
-
What is the current market cap of Q2 Software?
The current market capitalization of Q2 Software is $4.29B.
-
What is Q2 Software’s current revenue?
The trailing twelve month revenue for Q2 Software is $655M.
-
Who are Q2 Software’s competitors?
nCino, MoneyGram, Avaloq, Adenza, and Temenos Headquarters are some of the 42 competitors of Q2 Software.
-
What is Q2 Software’s annual earnings per share (EPS)?
Q2 Software’s EPS for 12 months was -$1.16.
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