Q2 Software

Q2 powers your virtual banking experience.We connect you to your account holders who expect and appreciate a unified and engaging banking experience anytime, anywhere, on any device. We merge business-critical technology with an engaging user experience, helping you engage account holders where they live, work and play. By leveraging virtual banking software across our single, non-siloed technology platform, you can deliver unified online, voice, mobile and tablet banking services from a single secure application — and compete with the best that Mega banks and money centers can offer. One interface to your core. One management view. And one unified virtual banking experience for retail and commercial - all from one login. Q2 offers unprecedented 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.
Company Growth (employees)
Type
Public
HQ
Austin, US
Founded
2004
Size (employees)
742 (est)+13%
Q2 Software was founded in 2004 and is headquartered in Austin, US

Key People at Q2 Software

Matt Flake

Matt Flake

President & CEO
Blake Bartlett

Blake Bartlett

Team Member
Greg Petersen

Greg Petersen

EVP, Operations & CFO

Q2 Software Office Locations

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

Q2 Software Metrics

Q2 Software Financial Metrics

Q2 Software's revenue was reported to be $150.2 m in FY, 2016 which is a 38% increase from the previous period.

Revenue (FY, 2016)

$150.2 m

Revenue growth (FY, 2015 - FY, 2016), %

38%

Gross profit (FY, 2016)

$72.8 m

Gross profit margin (FY, 2016), %

48%

Net income (FY, 2016)

($36.4 m)

EBIT (FY, 2016)

($35.7 m)

Market capitalization (28-Apr-2017)

$1.5 b

Closing share price (28-Apr-2017)

$38.3

Cash (31-Dec-2016)

$54.9 m
Q2 Software's current market capitalization is $1.5 b.
FY, 2014FY, 2015FY, 2016

Revenue

$79.1 m$108.9 m$150.2 m

Revenue growth, %

38%38%

Cost of goods sold

$46.1 m$59.1 m$77.4 m

Gross profit

$33.1 m$49.7 m$72.8 m

Gross profit Margin, %

42%46%48%

Sales and marketing expense

$23.1 m$27 m$36.3 m

R&D expense

$12.1 m$21.5 m$32.5 m

General and administrative expense

$17 m$23 m$32 m

Operating expense total

$52.1 m$74.6 m$108.5 m

EBIT

($19.1 m)($24.8 m)($35.7 m)

EBIT margin, %

(24%)(23%)(24%)

Pre tax profit

($19.6 m)($24.8 m)($35.9 m)

Income tax expense

($71 k)($220 k)($427 k)

Net Income

($19.6 m)($25.1 m)($36.4 m)
FY, 2014FY, 2015FY, 2016

Cash

$68 m$67 m$54.9 m

Accounts Receivable

$5 m$9 m$12.2 m

Inventories

$2.7 m$3.1 m$3.2 m

Current Assets

$104.5 m$133.2 m$125.7 m

PP&E

$18.5 m$24.4 m$27.5 m

Goodwill

$12.9 m$12.9 m

Total Assets

$136.8 m$204.5 m$201 m

Accounts Payable

$2 m$3.5 m$4.2 m

Current Liabilities

$32.9 m$45.7 m$59.2 m

Additional Paid-in Capital

$143.3 m$207.5 m$226.5 m

Retained Earnings

($64.4 m)($89.4 m)($125.8 m)

Total Equity

$78.9 m$118 m$100.2 m

Financial Leverage

1.7 x1.7 x2 x
FY, 2014FY, 2015FY, 2016

Net Income

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

Depreciation and Amortization

$4.1 m$6.8 m$12.2 m

Accounts Receivable

$4 m($3.3 m)($3.2 m)

Inventories

($628 k)($150 k)($237 k)

Accounts Payable

($842 k)$1.3 m$426 k

Cash From Operating Activities

($5.3 m)$5.4 m

Purchases of PP&E

($5 m)($7.1 m)($14.3 m)

Cash From Investing Activities

($26.7 m)($58.4 m)($16.5 m)

Cash From Financing Activities

$81.3 m$52.1 m$944 k

Interest Paid

$419 k$212 k$217 k

Income Taxes Paid

$55 k$60 k$120 k
Y, 2016

Financial Leverage

2 x

Q2 Software Market Value History

Q2 Software Online Presence

Q2 Software Company Life

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