Q2 Holdings, Inc.QTWO

Market cap

$4.7B

P/E ratio

	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Cash and cash equivalents	68	67	55	58	108	100	408	323	200	230	359
Restricted cash	-	-	-	-	2	3	3	3	2	4	2
Investments	21	44	42	42	69	32	131	105	234	94	88
Accounts receivable, net	5	9	12	13	20	22	36	47	47	43	42
Contract assets, current portion, net	-	-	-	-	1	1	1	2	9	9	8
Prepaid expenses and other current assets	3	3	3	3	4	6	9	11	11	12	24
Deferred solution and other costs, current portion	5	6	9	9	11	16	19	25	21	28	27
Deferred Implementation Costs, Current	2	2	3	4	4	5	8	7	8	9	10
Total current assets	105	133	126	131	218	186	616	522	531	428	559
Property and equipment, net	19	24	27	35	35	39	50	67	57	41	32
Right of use assets	-	-	-	-	-	35	35	52	40	35	30
Deferred Solution and Other Costs, Noncurrent	7	10	11	13	17	29	33	27	26	26	28
Deferred Implementation Costs, Noncurrent	5	6	8	8	10	16	15	17	19	21	26
Intangible assets, net	-	17	15	12	63	224	185	162	146	122	95
Goodwill	-	13	13	13	108	462	462	513	513	513	513
Contract assets, net of current portion and allowance	-	-	-	-	10	15	19	22	16	12	9
Other long-term assets	1	1	1	1	2	2	2	2	2	3	3
Total assets	137	204	201	213	464	1,009	1,417	1,385	1,350	1,201	1,295
Accounts payable	2	3	4	8	9	11	8	11	10	19	9
Accrued liabilities	9	11	9	11	9	16	22	18	21	16	18
Accrued compensation	4	8	16	12	13	39	27	32	23	27	33
Convertible Debt, Current	-	-	-	-	-	-	-	-	11	-	190
Deferred revenues, current portion	-	-	-	-	43	58	82	99	117	119	138
Lease liabilities, current portion	-	-	-	-	-	9	7	9	9	10	10
Total current liabilities	33	46	59	68	74	133	146	168	192	192	399
Convertible Debt, Noncurrent	-	-	-	-	183	425	557	552	658	490	302
Deferred revenues, net of current portion	-	-	-	-	23	33	29	29	22	17	27
Operating Lease, Liability, Noncurrent	-	-	-	-	-	36	37	61	53	46	38
Other long-term liabilities	1	4	0	0	17	3	4	4	6	8	10
Total liabilities	58	86	101	106	305	630	773	815	931	753	777
Preferred Stock, Value, Outstanding	-	-	-	-	-	-	-	-	-	-	-
Common Stock, Value, Outstanding	0	0	0	0	0	0	0	0	0	0	0
Additional paid-in capital	143	208	226	260	331	623	1,025	1,064	982	1,075	1,184
Accumulated other comprehensive loss	-0	-0	-0	-0	-0	0	-0	-0	-3	-1	-2
Accumulated deficit	-64	-89	-126	-152	-172	-243	-381	-494	-560	-626	-664
Total stockholders' equity	79	118	100	107	159	379	643	570	419	448	518
Total liabilities and stockholders' equity	137	204	201	213	464	1,009	1,417	1,385	1,350	1,201	1,295