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Q2 Software

Stock Price

$34.4

2023-08-31

Market Capitalization

$2 B

2023-08-31

Revenue

$565.7 M

FY, 2022

Q2 Software Summary

Company Summary

Overview
Q2 Software is a provider of cloud-based digital banking solutions. It primarily offers four solutions: Digital Banking Platform, Q2 Innovation Studio, Lending, and Helix. The Digital Banking Platform offers onboarding, banking, and integrations across the retail, small business, and commercial segments. The Q2 Innovation Studio is an application program interface that provides extensions and integrations to the digital banking platform. The Lending solution focuses on commercial relationship management, loan decisioning, reduction of operational inefficiencies, etc. The Helix solution is a BaaS platform that offers services for fintech companies.
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, President, Director

    • Adam Blue

      Adam Blue, Chief Technology Officer

    • David Mehok

      David Mehok, Chief Financial Officer

    • John Breeden

      John Breeden, Chief Operating Officer

    Operating MetricsView all

    Enterprise Customers

    1.2K

    FY, 2022

    Patent Applications (US)

    9

    FY, 2020

    Registered Users

    21.1M
    9.9%

    FY, 2022

    LocationsView all

    10 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 4 others

    Q2 Software Financials

    Summary Financials

    Revenue (Q2, 2023)
    $154.5M
    Gross profit (Q2, 2023)
    $73.8M
    Net income (Q2, 2023)
    ($23.6M)
    Cash (Q2, 2023)
    $118.2M
    EBIT (Q2, 2023)
    ($23.7M)
    Enterprise value
    $2.4B

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