Q2 Holdings Q2 FY26 GAAP net income rises 154% to USD 29.9 million; revenue increases 13% to USD 219.8 million
QTWO•Buyback authorization and updated outlook
The board authorized an additional USD 350 million buyback, lifting available repurchase capacity to about USD 375 million; Q2 repurchased USD 22.9 million.
The company raised its 2026 outlook to revenue of USD 881 million to USD 886 million, up 11% year over year; adjusted EBITDA is seen at USD 244 million to USD 248 million.
Q2 Holdings reports higher revenue and profit
Q2 Holdings posted Q2 revenue of USD 219.8 million, up 13% year over year and up 2% from Q1.
GAAP net income climbed to USD 29.9 million; GAAP gross margin widened 5.6 percentage points to 59.2%.
Adjusted EBITDA rose to USD 62.8 million from USD 45.8 million a year earlier; non-GAAP gross margin increased to 62.3% from 57.5%.
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