Q2 Holdings
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Q2 Holdings's past years’ income statements indicate that its last revenue has increased compared to the previous period by 10% to $624,624,000. The net income raised on -$65,384,000 and profit margin reached -10%. Total operating expenses were $388,708,000.
Profit Margin
| 2014 | 79.12M | -19.63M | -24.81% |
|---|---|---|---|
| 2015 | 108.86M | -25.06M | -23.02% |
| 2016 | 150.22M | -36.35M | -24.2% |
| 2017 | 193.97M | -26.16M | -13.49% |
| 2018 | 241.1M | -35.39M | -14.68% |
| 2019 | 315.48M | -70.87M | -22.47% |
| 2020 | 402.75M | -137.62M | -34.17% |
| 2021 | 498.72M | -112.74M | -22.61% |
| 2022 | 565.67M | -108.98M | -19.27% |
| 2023 | 624.62M | -65.38M | -10.47% |
QTWO Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 624.62M | 565.67M | 498.72M | 402.75M | 315.48M | 241.1M | 193.97M | 150.22M | 108.86M | 79.12M |
Cost of revenue | 321.97M | 309.32M | 273.68M | 228.15M | 162.48M | 121.85M | 99.48M | 77.42M | 59.12M | 46.05M |
Gross profit | 302.65M | 256.34M | 225.03M | 174.59M | 152.99M | 119.24M | 94.49M | 72.79M | 49.73M | 33.07M |
Operating exp. | ||||||||||
Research and development | 137.33M | 130.10M | 116.95M | 97.38M | 76.27M | 51.33M | 40.33M | 32.46M | 21.53M | 12.08M |
Selling and marketing | 109.52M | 108.21M | 85.56M | 72.32M | 63.94M | 48.12M | 41.17M | 36.28M | 26.99M | 23.06M |
Total operating expenses | 388.70M | 359.93M | 300.34M | 260.71M | 203.71M | 146.95M | 120.16M | 102.20M | 72.08M | 52.14M |
Operating income | -86.05M | -103.58M | -75.30M | -86.11M | -50.71M | -31.85M | -26.90M | -35.71M | -24.84M | -19.07M |
Other income (expenses), net | 24.23M | -2.49M | -35.79M | -36.37M | -32.64M | -11.49M | 429K | -6.51M | -3K | -492K |
Income before tax | -61.82M | -106.07M | -111.10M | -136.20M | -83.36M | -39.2M | -26.47M | -35.92M | -24.84M | -19.56M |
Income tax expense | 3.56M | 2.90M | 1.64M | 1.41M | -12.48M | -3.80M | -314K | 427K | 220K | 71K |
Net income | -65.38M | -108.98M | -112.74M | -137.62M | -70.87M | -35.39M | -26.16M | -36.35M | -25.06M | -19.63M |
Earnings per share | ||||||||||
Basic EPS | -1.12 | -1.9 | -2 | -2.65 | -1.53 | -0.83 | -0.63 | -0.92 | -0.67 | -0.67 |
Diluted EPS | -1.12 | -1.9 | -2 | -2.65 | -1.53 | -0.83 | -0.63 | -0.92 | -0.67 | -0.67 |
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