Q2 Holdings annual free cash flow
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2024
2025
Q2 Holdings Free Cash Flow (FCF) History (QTWO)
Q2 Holdings reported $194.7M in free cash flow for fiscal 2025, an increase of 50.82% from the previous fiscal year, with a free cash flow margin of 24.49%.
View full Q2 Holdings company overviewQ2 Holdings free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $194.7M | $65.6M | +50.82% | +24.49% |
| 2024 | 2024-12-31 | $129.1M | $64.4M | +99.72% | +18.53% |
| 2023 | 2023-12-31 | $64.6M | $39.2M | +154.27% | +10.35% |
| 2022 | 2022-12-31 | $25.4M | $14.1M | +124.15% | +4.49% |
| 2021 | 2021-12-31 | $11.3M | $38.0M | — | +2.27% |
| 2020 | 2020-12-31 | −$26.7M | −$13.4M | — | −6.62% |
| 2019 | 2019-12-31 | −$13.3M | −$4.6M | — | −4.21% |
| 2018 | 2018-12-31 | −$8.7M | −$5.8M | — | −3.60% |
| 2017 | 2017-12-31 | −$2.8M | $8.1M | — | −1.47% |
| 2016 | 2016-12-31 | −$11.0M | −$9.2M | — | −7.29% |
| 2015 | 2015-12-31 | −$1.7M | $8.6M | — | −1.59% |
| 2014 | 2014-12-31 | −$10.3M | $2.3M | — | −13.04% |
| 2013 | 2013-12-31 | −$12.6M | −$7.8M | — | −22.23% |
| 2012 | 2012-12-31 | −$4.8M | — | — | −11.71% |
Q2 Holdings quarterly free cash flow
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Q2.13
Q3.13
Q4.13
Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $59.0M | $11.6M | +24.55% | +26.82% |
| Q1 2026 | 2026-03-31 | $49.7M | $7.0M | +16.32% | +22.97% |
| Q4 2025 | 2025-12-31 | $61.7M | $20.1M | +48.33% | +29.63% |
| Q3 2025 | 2025-09-30 | $42.9M | $2.0M | +4.95% | +21.26% |
| Q2 2025 | 2025-06-30 | $47.3M | $12.8M | +36.88% | +24.25% |
| Q1 2025 | 2025-03-31 | $42.7M | $30.7M | +255.30% | +22.53% |
| Q4 2024 | 2024-12-31 | $41.6M | $6.1M | +17.26% | +22.72% |
| Q3 2024 | 2024-09-30 | $40.9M | $25.4M | +163.93% | +23.34% |
| Q2 2024 | 2024-06-30 | $34.6M | $23.8M | +220.00% | +20.00% |
| Q1 2024 | 2024-03-31 | $12.0M | $9.2M | +320.37% | +7.27% |
| Q4 2023 | 2023-12-31 | $35.5M | −$6.2M | −14.84% | +21.88% |
| Q3 2023 | 2023-09-30 | $15.5M | $12.8M | +478.22% | +9.99% |
| Q2 2023 | 2023-06-30 | $10.8M | $21.4M | — | +6.99% |
| Q1 2023 | 2023-03-31 | $2.9M | $11.2M | — | +1.87% |
| Q4 2022 | 2022-12-31 | $41.7M | $5.9M | +16.41% | +28.42% |
| Q3 2022 | 2022-09-30 | $2.7M | $18.8M | — | +1.85% |
| Q2 2022 | 2022-06-30 | −$10.5M | −$13.8M | — | −7.52% |
| Q1 2022 | 2022-03-31 | −$8.4M | $3.2M | — | −6.24% |
| Q4 2021 | 2021-12-31 | $35.8M | $23.9M | +201.61% | +27.13% |
| Q3 2021 | 2021-09-30 | −$16.1M | −$19.5M | — | −12.68% |
| Q2 2021 | 2021-06-30 | $3.2M | $24.8M | — | +2.60% |
| Q1 2021 | 2021-03-31 | −$11.6M | $8.9M | — | −9.95% |
| Q4 2020 | 2020-12-31 | $11.9M | $11.3M | +2159.81% | +10.89% |
| Q3 2020 | 2020-09-30 | $3.5M | −$12.3M | −77.92% | +3.34% |
| Q2 2020 | 2020-06-30 | −$21.5M | −$8.4M | — | −22.08% |
| Q1 2020 | 2020-03-31 | −$20.4M | −$4.0M | — | −22.13% |
| Q4 2019 | 2019-12-31 | $525,000 | −$6.8M | −92.85% | +0.60% |
| Q3 2019 | 2019-09-30 | $15.7M | −$679,000 | −4.14% | +19.73% |
| Q2 2019 | 2019-06-30 | −$13.1M | $6.8M | — | −16.89% |
| Q1 2019 | 2019-03-31 | −$16.4M | −$3.9M | — | −23.05% |
| Q4 2018 | 2018-12-31 | $7.3M | $151,000 | +2.10% | +10.93% |
| Q3 2018 | 2018-09-30 | $16.4M | $8.6M | +108.99% | +27.10% |
| Q2 2018 | 2018-06-30 | −$19.9M | −$18.1M | — | −34.04% |
| Q1 2018 | 2018-03-31 | −$12.5M | $3.5M | — | −22.81% |
| Q4 2017 | 2017-12-31 | $7.2M | $3.2M | +80.41% | +13.91% |
| Q3 2017 | 2017-09-30 | $7.8M | $11.7M | — | +15.66% |
| Q2 2017 | 2017-06-30 | −$1.9M | $5.9M | — | −3.90% |
| Q1 2017 | 2017-03-31 | −$16.0M | −$12.6M | — | −35.99% |
| Q4 2016 | 2016-12-31 | $4.0M | $2.5M | +172.52% | +9.46% |
| Q3 2016 | 2016-09-30 | −$3.8M | −$2.6M | — | −9.94% |
| Q2 2016 | 2016-06-30 | −$7.7M | −$8.8M | — | −21.47% |
| Q1 2016 | 2016-03-31 | −$3.4M | −$323,000 | — | −10.08% |
| Q4 2015 | 2015-12-31 | $1.5M | $3.7M | — | +4.81% |
| Q3 2015 | 2015-09-30 | −$1.2M | $289,000 | — | −4.29% |
| Q2 2015 | 2015-06-30 | $1.1M | $1.3M | — | +4.15% |
| Q1 2015 | 2015-03-31 | −$3.1M | $3.2M | — | −12.75% |
| Q4 2014 | 2014-12-31 | −$2.2M | $137,000 | — | −10.15% |
| Q3 2014 | 2014-09-30 | −$1.5M | $2.5M | — | −7.10% |
| Q2 2014 | 2014-06-30 | −$254,000 | $1.8M | — | −1.33% |
| Q1 2014 | 2014-03-31 | −$6.3M | −$2.2M | — | −37.59% |
| Q4 2013 | 2013-12-31 | −$2.4M | — | — | −15.23% |
| Q3 2013 | 2013-09-30 | −$4.0M | — | — | −27.82% |
| Q2 2013 | 2013-06-30 | −$2.1M | — | — | −14.95% |
| Q1 2013 | 2013-03-31 | −$4.2M | — | — | −32.52% |
Q2 Holdings free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from −$26.7M to $194.7M, a net increase of $221.3M. Q2 Holdings's latest reported quarter, Q2 2026, generated $59.0M in free cash flow, an increase of 24.55% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Q2 Holdings filings at SEC.gov ↗