Filing Flows › Q2 Holdings (QTWO) › Guidance history
Q2 Holdings (QTWO) guidance history: what it guided and what it reported
Q2 Holdings gave guidance in 12 earnings releases on file since Feb 21, 2024. Of 9 guided periods since reported, it met or beat its own guidance 9 times (100%). Revenue: 8 of 8, on average +1.8% against the guided midpoint. Its releases raised guidance 10 times and lowered it 0 times.
Revenue
Met or beat 8 of 8 periods (7 above, 1 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q4 2026 | $226M–$230M (Oct 28, 2026) | — | to be reported | — |
| Q3 2026 | $218M–$222M (Jul 29, 2026) | $226M | above the range | +2.4% |
| Q2 2026 | $214M–$218M (Apr 29, 2026) | $220M | above the range | +1.7% |
| Q1 2026 | $212M–$216M (Feb 11, 2026) | $217M | within the range | +0.9% |
| FY2026 | $871M–$878M (Feb 11, 2026) → raised $881M–$886M (Jul 29, 2026) → raised $888M–$892M (Oct 28, 2026) | — | to be reported | — |
| Q4 2025 | $202M–$206M (Nov 5, 2025) | $208M | above the range | +1.9% |
| FY2025 | $772M–$779M (Feb 12, 2025) → raised $776M–$783M (May 7, 2025) → raised $783M–$788M (Jul 30, 2025) → raised $789M–$793M (Nov 5, 2025) | $795M | above the range | +0.5% |
| Q3 2025 | $196M–$200M (Jul 30, 2025) | $202M | above the range | +1.9% |
| Q2 2025 | $190M (May 7, 2025) | $195M | above the range | +2.9% |
| Q1 2025 | $184M–$188M (Feb 12, 2025) | $190M | above the range | +2.0% |
GAAP gross margin
Met or beat 1 of 1 periods (1 above, 0 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | 59.1% (Apr 29, 2026) | — | to be reported | — |
| Q2 2025 | 53.2% (May 7, 2025) | 53.6% | above the range | +0.4 pts |
GAAP net income
Every guided period is still to be reported.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $26.6M (Apr 29, 2026) | — | to be reported | — |
Adjusted EBITDA
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q4 2026 | $62.4M–$65.4M (Oct 28, 2026) | — | to be reported | — |
| Q3 2026 | $58.5M–$61.5M (Jul 29, 2026) | — | — | — |
| Q2 2026 | $57.5M–$60.5M (Apr 29, 2026) | — | — | — |
| FY2026 | $225M–$230M (Feb 11, 2026) → lowered $60.0M (Apr 29, 2026) → raised $244M–$248M (Jul 29, 2026) → raised $253M–$256M (Oct 28, 2026) | — | to be reported | — |
| Q1 2026 | $52.5M–$55.5M (Feb 11, 2026) | — | — | — |
| Q4 2025 | $47.2M–$50.2M (Nov 5, 2025) | — | — | — |
| Q3 2025 | $44.0M–$47.0M (Jul 30, 2025) | — | — | — |
| Q2 2025 | $40.7M (May 7, 2025) | — | — | — |
| FY2025 | $165M–$170M (Feb 12, 2025) → raised $170M–$175M (May 7, 2025) → raised $177M–$181M (Jul 30, 2025) → raised $182M–$186M (Nov 5, 2025) | — | — | — |
| Q1 2025 | $36.0M–$39.0M (Feb 12, 2025) | — | — | — |
Adjusted EBITDA margin
Every guided period is still to be reported.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | 60.0% (Nov 5, 2025) | — | to be reported | — |
The latest quarter
Q2 Holdings, Q3 2026: revenue $226M (+12% year over year), operating margin 15.0%, net earnings $33.2M, operating cash flow $64.7M. The chart follows the revenue to costs, profit and cash.
Questions
Does Q2 Holdings beat its guidance?
Q2 Holdings gave guidance in 12 earnings releases on file since Feb 21, 2024. Of 9 guided periods since reported, it met or beat its own guidance 9 times (100%). Revenue: 8 of 8, on average +1.8% against the guided midpoint.
How often does Q2 Holdings raise guidance?
Its earnings releases raised guidance 10 times and lowered it 0 times since Feb 21, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.