Q2 Holdings, Inc.
QTWOFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
696
Cost of Revenue
342
Gross Profit
354
Gross Margin
50.9%
Operating Income
-42
Operating Margin
-6.1%
Net Income
-39
Net Margin
-5.5%
EPS (Basic)
$-0.64
EPS (Diluted)
$-0.64
EBITDA
43
EBITDA Margin
6.2%
2023
12/31/2023
Revenue
625
Cost of Revenue
322
Gross Profit
303
Gross Margin
48.5%
Operating Income
-86
Operating Margin
-13.8%
Net Income
-65
Net Margin
-10.5%
EPS (Basic)
$-1.12
EPS (Diluted)
$-1.12
EBITDA
29
EBITDA Margin
4.6%
2022
12/31/2022
Revenue
566
Cost of Revenue
309
Gross Profit
256
Gross Margin
45.3%
Operating Income
-105
Operating Margin
-18.5%
Net Income
-109
Net Margin
-19.3%
EPS (Basic)
$-1.90
EPS (Diluted)
$-1.90
EBITDA
-38
EBITDA Margin
-6.7%
2021
12/31/2021
Revenue
499
Cost of Revenue
274
Gross Profit
225
Gross Margin
45.1%
Operating Income
-78
Operating Margin
-15.6%
Net Income
-113
Net Margin
-22.6%
EPS (Basic)
$-2.00
EPS (Diluted)
$-2.00
EBITDA
-23
EBITDA Margin
-4.7%
2020
12/31/2020
Revenue
403
Cost of Revenue
228
Gross Profit
175
Gross Margin
43.4%
Operating Income
-100
Operating Margin
-24.8%
Net Income
-138
Net Margin
-34.2%
EPS (Basic)
$-2.65
EPS (Diluted)
$-2.65
EBITDA
-56
EBITDA Margin
-13.8%