NYSE$QTWO
Q2 Holdings Inc · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Q2 Holdings, Inc. announced its financial results, revealing revenue growth and strategic progress.
Q2 Holdings, Inc. reported a 22% year-over-year increase in revenue, reaching $126.7 million for the third quarter of 2021. The company's sales performance improved, with substantial growth in net new bookings and continued strength in expansion activity. Q2 is raising its guidance for both revenue and adjusted EBITDA for the remainder of the year.
- Revenue for the third quarter reached $126.7 million, a 22% increase year-over-year.
- GAAP gross margin increased to 45.0%, up from 44.7% in the prior-year quarter.
- The company signed multiple Tier 1 banks and credit unions to digital banking contracts.
- Q2 platform has approximately 19.2 million registered users, representing 12% year-over-year growth.
Headline financials
Revenue & EPS history
Q2 · Revenue · Quarterly
$127M
Forward guidance
Q2 Holdings is providing guidance for its fourth quarter of 2021 and revised guidance for its full-year 2021.
Tailwinds
- Total non-GAAP revenue of $131.3 million to $132.8 million, which would represent year-over-year growth of 20 to 21 percent.
- Adjusted EBITDA of $7.3 million to $7.9 million.
- Total non-GAAP revenue of $499.8 million to $501.3 million, which would represent year-over-year growth of 23 percent.
- Adjusted EBITDA of $34.4 million to $35.0 million, representing 7 percent of non-GAAP revenue for the year.
- Based on strong performance in the third quarter and visibility into the fourth quarter, Q2 is raising its guidance for both revenue and adjusted EBITDA for the remainder of the year.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2021
+3.7%
Avg return
Earnings day
+2.8%
Avg return
5 days after
+2.2%
Avg return
30 days after
65%
31 / 48 earnings
Positive
+18.5%
Q3 2024
Best reaction
-8.2%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.8% | -0.3% | -9.9% | |
| Q4 2025 | -7.4% | -7.1% | -14.7% | |
| Q3 2025 | +15.3% | +20.1% | +20.3% | |
| Q1 2025 | +13.1% | +15.5% | +13.6% | |
| Q4 2024 | +0.9% | +1.8% | -17.6% | |
| Q3 2024 | +18.5% | +18.4% | +28.6% | |
| Q2 2024 | +5.5% | -1.9% | +11.7% | |
| Q1 2024 | +15.9% | +19.7% | +18.3% | |
| Q4 2023 | +9.1% | +10.6% | +21.9% | |
| Q3 2023 | +9.9% | +11.9% | +24.9% | |
| Q2 2023 | -6.2% | -4.5% | -1.7% | |
| Q1 2023 | +12.1% | +9.6% | +24.9% | |
| Q4 2022 | -2.3% | -5.6% | -31.6% | |
| Q3 2022 | -8.2% | +7.7% | -4.2% | |
| Q2 2022 | +0.1% | -2.3% | -15.8% | |
| Q1 2022 | -4.7% | -12.3% | -0.3% | |
| Q4 2021 | +4.6% | -1.3% | -3.8% | |
| Q3 2021 | +14.3% | +13.2% | -5.6% | |
| Q2 2021 | -6.1% | -11.2% | -7.9% | |
| Q1 2021 | -3.5% | -6.2% | -3.2% | |
| Q4 2020 | -6.5% | -7.7% | -27.1% | |
| Q3 2020 | +7.6% | +10.8% | +24.5% | |
| Q2 2020 | +5.3% | -4.5% | -4.8% | |
| Q1 2020 | +5.9% | +2.1% | +5.5% | |
| Q4 2019 | +2.1% | -4.6% | -36.6% | |
| Q3 2019 | -0.8% | +7.1% | +17.6% | |
| Q2 2019 | +15.2% | +15.5% | +17.2% | |
| Q1 2019 | -6.3% | -2.0% | -4.9% | |
| Q4 2018 | +4.0% | +3.9% | +6.2% | |
| Q3 2018 | +3.7% | +1.6% | -1.0% | |
| Q2 2018 | -3.2% | -1.9% | +2.8% | |
| Q1 2018 | +10.2% | +9.2% | +14.1% | |
| Q4 2017 | +3.8% | +5.8% | +8.8% | |
| Q3 2017 | -3.8% | -1.3% | -2.7% | |
| Q2 2017 | -2.5% | -2.7% | +4.7% | |
| Q1 2017 | -1.0% | -1.3% | +3.5% | |
| Q4 2016 | +12.1% | +13.2% | +13.2% | |
| Q3 2016 | -3.7% | +5.5% | +2.0% | |
| Q2 2016 | -5.1% | -14.2% | -5.5% | |
| Q1 2016 | +6.7% | — | — | |
| Q4 2015 | +13.3% | — | — | |
| Q3 2015 | +10.6% | — | — | |
| Q2 2015 | +1.7% | — | — | |
| Q1 2015 | +13.8% | — | — | |
| Q4 2014 | +7.4% | — | — | |
| Q3 2014 | -7.1% | — | — | |
| Q2 2014 | +9.1% | — | — | |
| Q1 2014 | +2.4% | — | — | |
| Q4 2013 | — | — | — | |
| Q3 2013 | — | — | — | |
| Q2 2013 | — | — | — | |
| Q1 2013 | — | — | — | |
| Q4 2012 | — | — | — | |
| Q3 2012 | — | — | — |
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