For the year ending 2025-12-31, QTWO had $8,510K increase in cash & cash equivalents over the period. $194,651K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income (loss) | 52,008 |
| Amortization of deferred implementation, solution and other costs | 30,086 |
| Depreciation and amortization | 53,424 |
| Amortization of debt issuance costs | 2,111 |
| Amortization of premiums and discounts on investments | 1,098 |
| Stock-based compensation expense | 86,949 |
| Deferred income taxes | 1,236 |
| Gain on extinguishment of debt | 0 |
| Lease impairments | -43 |
| Other non-cash items | -696 |
| Accounts receivable, net | 9,936 |
| Prepaid expenses and other current assets | 3,344 |
| Deferred solution and other costs | 9,750 |
| Deferred implementation costs | 18,158 |
| Contract assets, net | 5,327 |
| Other long-term assets | -5,246 |
| Accounts payable | 8,581 |
| Accrued liabilities | 1,851 |
| Deferred revenues | 16,840 |
| Deferred rent and other long-term liabilities | -9,911 |
| Net cash provided by operating activities | 201,461 |
| Purchases of investments | 94,103 |
| Maturities of investments | 118,168 |
| Purchases of property and equipment | 6,810 |
| Capitalized software development costs | 21,283 |
| Net cash provided by (used in) investing activities | -4,028 |
| Repurchases of common shares | 5,000 |
| Payment for maturity of convertible notes | 191,000 |
| Payment for repurchases of convertible notes | 0 |
| Proceeds from capped calls related to convertible notes | 0 |
| Debt issuance costs related to revolving credit agreement | 0 |
| Proceeds from exercise of stock options and espp | 7,028 |
| Net cash provided by (used in) financing activities | -188,972 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | 49 |
| Net increase in cash, cash equivalents and restricted cash | 8,510 |
| Cash and cash equivalents at beginning of period | 360,793 |
| Cash and cash equivalents at end of period | 369,303 |
Q2 Holdings, Inc. (QTWO)
Q2 Holdings, Inc. (QTWO)