Craft

Q2 Software

Stock Price

$63.3

2024-05-17

Market Capitalization

$3.8 B

2024-05-17

Revenue

$624.6 M

FY, 2023

Q2 Software Summary

Company Summary

Overview
Q2 Software (also known as Q2 Holdings) is a company developing digital banking and lending solutions. It offers Digital Banking Platform, an end-to-end digital banking platform that offers onboarding, banking, and integrations across the retail, small business, and commercial segments; Q2 Innovation Studio, an application program interface that provides extensions and integrations to the digital banking platform; Lending and Relationship Pricing, an end-to-end solution that focuses on commercial relationship management, loan decisioning, reduction of operational inefficiencies, etc; and other solutions.
Type
Public
Status
Active
Founded
2004
HQ
Austin, TX, US | view all locations
Website
https://www.q2.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Matt Flake

    Matt Flake, Chief Executive Officer, Board Member

    • Adam Blue

      Adam Blue, Chief Technology Officer

    • David Mehok

      David Mehok, Chief Financial Officer

    • Mike Volanoski

      Mike Volanoski, Chief Revenue Officer

    Operating MetricsView all

    Registered Users

    22M
    4.3%

    FY, 2023

    Customer Transactions

    2.7T
    12.5%

    FY, 2023

    Enterprise Customers

    1.3K
    8.3%

    FY, 2023

    LocationsView all

    11 locations detected

    • Austin, TX HQ

      United States

      10355 Pecan Park Blvd

    • Asheville, NC

      United States

      21 Battery Park Avenue, Suite 203

    • Cary, NC

      United States

      1225 Crescent Green, Suite 125

    • Charlotte, NC

      United States

      4201 Congress Street, Suite 250

    • Des Moines, IA

      United States

      801 Grand Ave Ste #3500

    • Lincoln, NE

      United States

      601 P Street, Suite 400

    and 5 others

    Q2 Software Financials

    Summary Financials

    Revenue (Q1, 2024)
    $165.5M
    Gross profit (Q1, 2024)
    $82.3M
    Net income (Q1, 2024)
    ($13.8M)
    Cash (Q1, 2024)
    $274.5M
    EBIT (Q1, 2024)
    ($14.2M)
    Enterprise value
    $4.1B

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