Q2 Holdings, Inc.
For the period ended Dec 31, 2025. Filed Feb 11, 2026.
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FY2025 · Filed Feb 11, 2026
QTWO$74.24+0.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Changes in Stockholders' Equity
(in thousands)
| Year Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Total stockholders' equity, beginning balances | $517,796 | $448,479 | $419,024 |
| Common stock and additional paid-in capital: | |||
| Beginning balances | 1,183,899 | 1,075,284 | 982,306 |
| Stock-based compensation expense | 90,059 | 94,356 | 84,442 |
| Exercise of stock options | 547 | 8,404 | 2,297 |
| Issuance of common stock under ESPP | 6,481 | 5,855 | 6,100 |
| Repurchase of common shares | (5,000) | — | — |
| Settlement of capped calls | — | — | 139 |
| Ending balances | 1,275,986 | 1,183,899 | 1,075,284 |
| Accumulated deficit: | |||
| Beginning balances | (664,230) | (625,694) | (560,310) |
| Net income (loss) | 52,008 | (38,536) | (65,384) |
| Ending balances | (612,222) | (664,230) | (625,694) |
| Accumulated other comprehensive income (loss): | |||
| Beginning balances | (1,873) | (1,111) | (2,972) |
| Other comprehensive income (loss) | (80) | (762) | 1,861 |
| Ending balances | (1,953) | (1,873) | (1,111) |
| Total stockholders' equity, ending balances | $661,811 | $517,796 | $448,479 |
| Common stock (in shares): | |||
| Beginning balances | 60,728 | 59,031 | 57,735 |
| Exercise of stock options | 12 | 234 | 74 |
| Issuance of common stock under ESPP | 95 | 150 | 255 |
| Repurchase of common shares | (69) | — | — |
| Shares issued for the vesting of restricted stock awards | 1,975 | 1,313 | 967 |
| Ending balances | 62,741 | 60,728 | 59,031 |
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