Q2 Holdings Inc. (QTWO) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

$65.28 -3.87% NYSE • Public Delayed / 60s Snapshot

Q2 Holdings Inc. (QTWO) receives a Roarable Rating of D+ (Sell) and flashes a Red SELL / AVOID warning (65/100 RQD Confidence). Our SEC filing scanner spotted paper earnings outpacing real operating cash flow (+171.6% (NI vs OCF)) while unpaid customer invoices grew—a classic sign to step aside until cash flow catches up.

ROARABLE D+ • SELL / AVOID Cap $4.03B
INTERACTIVE SCENARIO DECK:
🛡️ Portfolio Crash X-Ray
RQD QUANT TACHOMETERSELL / AVOID • D+
025507510065
JEV AI Jury Split (Battleground)
Cash
SEC
Whale
5-PILLAR SNOWFLAKE RADARRw C- · Rk D
Cash (14)Whales (10)SEC (8)Macro (13)CEO (12)
Each axis scored 0–20
12M PRICE TARGET CONE+3.2% Base Target
$80 Bull$67 Base$53 Bear
🔴 SUNDAY NIGHT PREP • 7:00 PM ET
WHALE OPTIONS TUG-OF-WAR:52% Call Buyers ($2.4M)
48% PutsMax Pain: $64.00
VISUAL REVENUE-TO-PROFIT SANKEY WATERFALL • FY 2025 (10-K)

How QTWO Turns Every Dollar of Sales Into Real Bottom-Line Profit

Free Cash Flow:$194.7M (24.5% FCF Margin)
Revenue$794.8MGross Profit $429.7M (54.1%)Cost of Sales $365.1MOp Profit $39.9M (5%)OpEx (R&D/SG&A) $389.8MNet Profit$52.0M (6.5%)Tax/Other $0

Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory

■ Revenue■ Net Profit■ Free Cash Flow
FY23
Rev $624.6M
FY24
Rev $696.5M
FY25
Rev $794.8M
Fiscal YearRevenueGross MarginOp MarginNet ProfitFree Cash FlowROIC %
FY 2025$794.8M54.1%5%$52.0M$194.7M5.5%
FY 2024$696.5M50.9%-6.1%-$38.5M$129.1M-6.6%
FY 2023$624.6M44%-13.8%-$65.4M$42.2M-5.1%
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Red-Light Warning Desk: How Pros Profit When Overhyped Stocks Crack (Featuring QTWO)

  • ✓Live walkthrough of QTWO's RQD Radar, SEC cash-conversion gap & downside levels
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RQD INSIDER CLUB UPGRADE$49/YEAR
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QTWO // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +32.18%▲ ASCENDING CHANNEL
2026-10-30O $66.24H $67.30L $65.05C $67.08VOL 651.9K
RES: $70.52SUP: $59.35SMA50: $61.45SMA200: $54.59
$72.25$63.72$55.20$46.67$38.14RES $70.52SUP $59.35$67.082026-04-302026-06-152026-07-312026-09-162026-10-30
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

QTWO Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)
48.0%/yr Implied 5Y Growth

vs. +14.1% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on QTWO today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for QTWO. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for QTWO today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

QTWO Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

How profitable is Q2 Holdings Inc. (QTWO)?

In FY 2025 (10-K), QTWO converted $794.8M of revenue into a 54.1% gross margin, 5% operating margin, and $194.7M in free cash flow (24.5% FCF margin).