Q2 Holdings, Inc. reported second-quarter 2026 results with revenue of $219.8M, net income of $29.9M and diluted EPS of $0.46, each up materially versus the year‑ago quarter as subscription momentum and account expansions supported growth.
Financial Highlights
- Revenue was $219.8M for Q2 2026, compared with $195.1M in the year‑ago quarter; YoY change 12.6%.
- Net income was $29.9M for Q2 2026, compared with $11.8M in the year‑ago quarter; YoY change 153.7%.
- Diluted EPS was $0.46 for Q2 2026, compared with $0.18 in the year‑ago quarter.
Business Highlights
- Subscription revenue grew roughly 15–16% year over year, helping drive total revenues up 12.6% for the quarter and 13.4% year‑to‑date, supported by new customers and expansions.
- Registered Users rose to 27.8M as of June 30, 2026; Subscription ARR was $825.5M and Total ARR was $970.8M at quarter end, reflecting continued ARR momentum.
- The company completed migration from co‑located data centers to the public cloud; cloud costs have increased but depreciation from data centers declined.
- Q2 saw ongoing investments in R&D headcount and AI tooling, plus sales and marketing hires to support product and go‑to‑market expansion across digital banking, lending, risk/fraud, Helix/BaaS and usage‑based SaaS offerings.
Original SEC Filing:
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