Q2 Holdings, Inc. (QTWO) Financial Ratio Screen

NYSE Technology United States USD 4061M
RATIOS FAIL*
Automated financial screen · activity assessed separately
Q2 Holdings, Inc. (QTWO) is potentially non-compliant in the automated ratio model. While the debt ratio of 27.2% is acceptable, the cash and interest-bearing securities ratio of 33.9% exceeds the 30% threshold. Q2 Holdings, Inc. operates in the Technology sector.

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MSCI new-inclusion financial-ratio snapshot

QTWO financial screening at a glance

RATIOS FAIL*Financial ratios shown separately from business review — not a fatwa
Debt ratio
27.2%
Pass vs 30%
Cash ratio
33.9%
Fail vs 30%
Receivables + cash
38.6%
Fail vs 30%
Impermissible income
2.5%
Pass vs 5%

Calculation date: 2026-08-31. Financial period used: December 2025. The ratios are automated proxies inspired by published methodologies; they are not official index determinations.

Independent method comparison

What the available screens say

How MSCI, FTSE and S&P-style screens differ
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MSCI-styleFinancial criteria not metAt least one available ratio exceeds its threshold
FTSE/Yasaar-styleFinancial criteria not metAt least one available ratio exceeds its threshold
S&P-style provisionalNot yet availableRequired denominator or financial data is incomplete
Business activityAssessment pendingFinancial results do not determine business permissibility
Complete screening result: not yet completeA complete result requires both supported financial criteria and adequate activity evidence. This site does not issue a fatwa or official index decision.
Financial periodDecember 2025Calculation date2026-08-31S&P-style historynot availableLast activity reviewnot yet reviewed

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Business activity evidence

Activity assessment in progress

The supplied classification (Software - Application) is only a starting point. Revenue evidence is being assessed before any complete screening conclusion.

Revenue segments: Not yet checked against an SEC annual filing.

Profile description reviewed: Q2 Holdings, Inc. provides digital solutions to financial institutions, financial technology companies, FinTechs, and alternative finance companies (Alt-FIs) in the United States. The company offers Digital Banking Platform, an end-to-end digital banking platform that supports its financial institution customers in their delivery of retail, SMB, and commercial functionalities across digital channels; and risk and fraud solutions that are designed to support financial institutions' efforts to protect end users, comply with regulatory requirements and manage fraud risk efficiently. It also provides Q2 Innovation Studio, an application program interface and software development kit based open technology platform that allows financial institution customers, FinTechs, and other partners to deploy customized experiences and financial services to end users; and Helix, a cloud-native, real-time core processing platform that combines the services and functionality for companies and financial institutions. In addition, the company offers digital lending and relationship pricing solutions that support financial institutions, FinTechs and Alt-FIs in managing lending workflows, pricing strategies and customer relationships across commercial and consumer use cases, as well as offers loans, deposits and fee-based products. The company was formerly known as CBG Holdings, Inc. and changed its name to Q2 Holdings, Inc. in March 2013. Q2 Holdings, Inc. was founded in 2004 and is headquartered in Austin, Texas.

Sources to verify: Secondary company profile and classification · Issuer website · SEC issuer filings

A sector label or company description can flag a risk but cannot establish a compliant-revenue percentage. Only sourced segment disclosures may support that calculation.

Published-ratio reproductions (not certifications)

The table shows implemented MSCI and FTSE/Yasaar-style asset-based models plus a provisional S&P-style leverage reconstruction where a complete 36-month denominator exists. These are independent calculations, not official index results or Shariah determinations. See formulas, sources and limitations.

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
MSCI 27.2%
/ 30%
33.9%
/ 30%
38.6%
/ 30%
2.55%
/ 5%
RATIOS FAIL*
FTSE 27.2%
/ 33%
33.9%
/ 33%
38.6%
/ 50%
2.55%
/ 5%
RATIOS FAIL*

Financial Highlights

P/E Ratio
46.2
Forward: 19.5
EPS
$1.41
P/B Ratio
6.3
EV/EBITDA
34.9
EV: $4.0B
Revenue
$795M
Growth: 12.6%
Beta
1.3
High volatility
Current Ratio
0.9

Profitability

Gross Margin 57.0%
Operating Margin 13.4%
Net Margin 10.9%
Return on Equity (ROE) 15.0%
Return on Assets (ROA) 4.5%

Cash Flow & Balance Sheet

Operating Cash Flow$201M
Free Cash Flow$173M
Total Debt$347M
Debt-to-Equity6.4
Current Ratio0.9
Total Assets$1.3B

Price & Trading

Last Close$65.68
50-Day MA$56.84
200-Day MA$57.07
Avg Volume826K
Beta1.3
52-Week Range
$40.79
$85.19

Financial data provenance and verification

The displayed fields were imported from yfinance on 2026-08-30 for the financial period December 2025. This is a secondary data feed and can differ from amended or newly filed statements.

Verification rule: check debt, cash, receivables, revenue and interest income against the latest primary filing before relying on an automated ratio.

About Q2 Holdings, Inc. (QTWO)

CEO
Mr. Matthew P. Flake
Employees
2,548
Website
Sector
Technology
Industry
Software - Application
Country
United States
Exchange
NYSE
Market Cap (listing currency)
USD 4061M
Currency
USD

Q2 Holdings, Inc. provides digital solutions to financial institutions, financial technology companies, FinTechs, and alternative finance companies (Alt-FIs) in the United States. The company offers Digital Banking Platform, an end-to-end digital banking platform that supports its financial institution customers in their delivery of retail, SMB, and commercial functionalities across digital channels; and risk and fraud solutions that are designed to support financial institutions' efforts to protect end users, comply with regulatory requirements and manage fraud risk efficiently. It also provides Q2 Innovation Studio, an application program interface and software development kit based open technology platform that allows financial institution customers, FinTechs, and other partners to deploy customized experiences and financial services to end users; and Helix, a cloud-native, real-time core processing platform that combines the services and functionality for companies and financial institutions. In addition, the company offers digital lending and relationship pricing solutions that support financial institutions, FinTechs and Alt-FIs in managing lending workflows, pricing strategies and customer relationships across commercial and consumer use cases, as well as offers loans, deposits and fee-based products. The company was formerly known as CBG Holdings, Inc. and changed its name to Q2 Holdings, Inc. in March 2013. Q2 Holdings, Inc. was founded in 2004 and is headquartered in Austin, Texas.

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Frequently Asked Questions

Is Q2 Holdings, Inc. (QTWO) halal to invest in?

The current automated result is Financial criteria not met or an activity exclusion was detected. It uses available public financial fields and simplified methodology proxies. It is not a fatwa or an official determination by AAOIFI, DJIM, MSCI, S&P, or FTSE.

What is Q2 Holdings, Inc.'s debt ratio?

Q2 Holdings, Inc.'s debt ratio is 27.2% in the MSCI new-inclusion reproduction: total debt divided by total assets, against a 30% threshold. See the methodology page for the official source and limitations.

What are Q2 Holdings, Inc.'s key financial metrics?

Q2 Holdings, Inc. has a market capitalization of USD 4061M in its listing currency, trailing P/E ratio of 46.2, and revenue of $795M. The company maintains a gross margin of 57.0% and a net margin of 10.9%. Return on equity stands at 15.0%.

How often is the screening data updated?

Calculation date: 2026-08-31. Financial period: December 2025. These dates are shown separately because regenerating this page does not refresh the underlying data.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.