Q2 offers secure electronic banking, payment and security solutions to community financial institutions. unities. The Company offers integration between the web, voice, mobile, and tablet banking channels, and supports cross-channel Multi-Factor Authentication as well as open vendor integration with the financial institution’s other third-party applications.

Type
Public
HQ
Austin, US
Founded
2004
Size (employees)
742 (est)
Q2 Software was founded in 2004 and is headquartered in Austin, US
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Key People/Management at Q2 Software

Matt Flake

Matt Flake

President & CEO

Q2 Software Office Locations

Q2 Software has offices in Austin and Lincoln
Austin, US (HQ)
150 13785 Research Blvd
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Q2 Software Financials and Metrics

Q2 Software Financials

Q2 Software's revenue was reported to be $150.22 m in FY, 2016 which is a 38% increase from the previous period.
USD

Revenue (Q1, 2018)

54.8 m

Gross profit (Q1, 2018)

27.8 m

Gross profit margin (Q1, 2018), %

50.8%

Net income (Q1, 2018)

(6 m)

EBIT (Q1, 2018)

(5.2 m)

Market capitalization (14-Jun-2018)

2.6 b

Closing share price (14-Jun-2018)

61.8

Cash (31-Mar-2018)

255.4 m
Q2 Software's current market capitalization is $2.6 b.
Annual
USDFY, 2014FY, 2015FY, 2016

Revenue

79.1 m108.9 m150.2 m

Revenue growth, %

38%38%

Cost of goods sold

46.1 m59.1 m77.4 m

Gross profit

33.1 m49.7 m72.8 m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Revenue

16.8 m19.2 m21 m24.2 m26.3 m28 m33.8 m36 m38.3 m44.5 m47.6 m54.8 m

Cost of goods sold

10.2 m10.8 m12.1 m13.3 m14.1 m15.1 m17.8 m18.9 m19.6 m22.8 m24.3 m27 m

Gross profit

6.6 m8.3 m8.8 m10.9 m12.1 m12.9 m15.9 m17.1 m18.7 m21.8 m23.3 m27.8 m

Gross profit Margin, %

39%43%42%45%46%46%47%48%49%49%49%51%
Annual
USDFY, 2014FY, 2015FY, 2016

Cash

68 m67 m54.9 m

Accounts Receivable

5 m9 m12.2 m

Current Assets

104.5 m133.2 m125.7 m

PP&E

18.5 m24.4 m27.5 m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Cash

86.7 m94.9 m72.3 m94.2 m69.4 m75.2 m55.3 m52.5 m51.6 m42.8 m34.5 m255.4 m

Accounts Receivable

5.7 m5.5 m6.5 m7.2 m7 m9 m8.7 m10.6 m16.2 m8.4 m15 m16.9 m

Current Assets

99.3 m107.5 m106.4 m137.2 m135.7 m141.1 m128.4 m124.1 m127.4 m109.6 m112.2 m330.5 m

PP&E

14.3 m14 m14.3 m19 m18.7 m21.4 m27.5 m27.8 m29 m31.7 m31.6 m36.6 m
Annual
USDFY, 2014FY, 2015FY, 2016

Net Income

(19.6 m)(25.1 m)(36.4 m)

Depreciation and Amortization

4.1 m6.8 m12.2 m

Accounts Payable

(842 k)1.3 m426 k

Cash From Operating Activities

(5.3 m)5.4 m3.4 m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018

Net Income

(5.6 m)(10.2 m)(14.9 m)(4.6 m)(5 m)(7 m)(9.7 m)(9.7 m)(9.5 m)(7 m)(6 m)

Depreciation and Amortization

999 k2 m3.1 m3.9 m

Accounts Payable

1 m(1 m)(427 k)3.4 m3.5 m3.7 m4.9 m5.5 m5.1 m5.8 m(1.1 m)

Cash From Operating Activities

(4.5 m)(4.1 m)(4.3 m)(7.1 m)
USDY, 2018

Financial Leverage

2.7 x
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Q2 Software Operating Metrics

Q2 Software's Patent Applications was reported to be 2 in FY, 2016. Q2 Software's Customers was reported to be 70 k in FY, 2016.
FY, 2014FY, 2015FY, 2016

Countries

60 60 60

Customers

60 k65 k70 k

Patent Applications

1 5 2

Patents (US)

2 2 2
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Q2 Software Online and Social Media Presence

Embed Graph
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