Q2 Holdings sees Q3 2026 revenue between $218.5 mln and $222.5 mln
Company expects Q3 2026 adjusted EBITDA of $58.5 mln to $61.5 mln
Q2 Holdings raises full-year 2026 revenue guidance to $881 mln-$886 mln
Company expects full-year 2026 adjusted EBITDA of $244 mln to $248 mln
Overview
Digital banking solutions provider's Q2 revenue rose 13% yr/yr
Adjusted EBITDA for Q2 beat analyst expectations
Company authorized additional $350 mln share repurchase, raising total capacity to $375 mln
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
$219.8 mln
Q2 Net Income
$29.9 mln
Q2 Adjusted EBITDA
Beat
$62.8 mln
$59.32 mln (11 Analysts)
Q2 Gross Margin
59.2%
Q2 Adjusted Gross Margin
62.3%
Result Drivers
New and expanded bank contracts - Co said Q2 results benefited from signing eight Enterprise and Tier 1 contracts, including expansion agreements with top U.S. banks for relationship pricing and digital banking solutions
AI and fraud solutions adoption - Co said customers are moving from AI curiosity to adoption, with new AI-powered products and fraud prevention capabilities seeing strong engagement at its CONNECT conference
Recurring revenue and backlog growth - Co said subscription annualized recurring revenue rose 15% yr/yr and backlog grew 17% yr/yr, supporting continued growth outlook
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