QTWO Revenue Flow Filed revenue amounts for 2026-04-01 to 2026-06-30. Coverage is partial. Unconnected amounts are separate disclosures; they must not be added together.
2026-06-30: Revenue $219.76M ; Cost of revenue $89.56M ; Research and development $41.12M ; Operating expenses $100.86M . 2026-03-31: Revenue $216.51M ; Cost of revenue $88.59M ; Research and development $41.88M ; Operating expenses $100.22M . 2025-12-31: Revenue $208.22M* ; Cost of revenue $92.94M* ; Research and development $40.63M* ; Operating expenses $98.42M* . 2025-09-30: Revenue $201.70M ; Cost of revenue $92.86M ; Research and development $38.93M ; Operating expenses $97.84M . Product or service Separate filed amounts; connecting flows are not established. Components and totals may overlap.
QTWO revenue flow Filed amounts. Only explicit calculation relationships connect amounts; dimensional membership alone does not establish an additive flow. Product And Service Other $19.07M Subscriptions $182.77M Transactional Services $17.92M Revenue $219.76M Cost of revenue $89.56M Gross profit $130.20M Operating expenses $100.86M Operating income $29.34M Research & development $41.12M Pre-tax income $31.72M Income tax $1.86M Net income $29.86M
Finer product or service dollar figures and nonoverlapping groupings are shown only where supported by the retained filing evidence. Growth percentages are never converted to revenue dollars.
Historical revenue and expense breakdown Revenue and expense 3 month Period end Revenue Cost of revenue Research and development Operating expenses Income tax Net income 2026-06-30 $219.76M $89.56M $41.12M $100.86M $1.86M $29.86M 2026-03-31 $216.51M $88.59M $41.88M $100.22M $3.11M $26.64M 2025-12-31 $208.22M* $92.94M* $40.63M* $98.42M* $337.00K* $20.43M* 2025-09-30 $201.70M $92.86M $38.93M $97.84M $160.00K $15.05M 2025-06-30 $195.15M $90.58M $36.91M $94.72M $1.73M $11.76M 2025-03-31 $189.74M $88.75M $37.85M $98.80M $487.00K $4.75M 2024-09-30 $175.02M $85.96M $36.90M $101.86M $2.26M -$11.80M 2024-06-30 $172.89M $86.06M $35.76M $100.53M $2.09M -$13.06M 2024-03-31 $165.51M $83.26M $34.86M $96.44M $1.55M -$13.84M 2023-09-30 $154.97M $80.83M $34.54M $97.31M $1.01M -$23.17M 2023-06-30 $154.53M $80.70M $34.10M $97.50M $479.00K -$23.62M 2023-03-31 $153.01M $79.71M $34.42M $94.50M $18.00K -$516.00K 2022-09-30 $144.75M $77.89M $33.10M $93.95M $469.00K -$27.79M 2022-06-30 $140.31M $77.42M $31.83M $86.67M $340.00K -$25.22M 2022-03-31 $134.07M $73.67M $31.13M $81.80M $1.36M -$23.56M 2021-09-30 $126.74M $69.73M $30.76M $79.98M $596.00K -$31.58M 2021-06-30 $123.57M $68.23M $29.43M $75.28M $178.00K -$30.13M 2021-03-31 $116.52M $63.32M $26.80M $70.71M $135.00K -$25.66M 2020-12-31 $108.99M $64.48M $25.21M $64.99M $795.00K -$37.82M 2020-09-30 $103.80M $57.37M $23.57M $66.28M $116.00K -$26.72M 2020-06-30 $97.58M $53.20M $23.64M $76.69M $65.00K -$38.97M 2020-03-31 $92.38M $53.11M $24.96M $66.48M $440.00K -$34.11M 2019-12-31 $86.84M $44.80M $19.88M $63.90M -$12.18M -$15.67M 2019-09-30 $79.70M $40.45M $19.62M $52.65M -$31.00K -$18.57M 2019-06-30 $77.65M $40.05M $19.12M $51.95M -$237.00K -$17.33M 2019-03-31 $71.30M $37.18M $17.66M $51.26M -$39.00K -$19.31M 2018-12-31 $67.18M $35.44M $15.52M $44.44M -$3.18M -$11.86M 2018-09-30 $60.54M $30.14M $12.90M $37.67M -$287.00K -$8.86M 2018-06-30 $58.57M $29.30M $11.76M $35.95M -$153.00K -$8.63M 2018-03-31 $54.81M $26.98M $11.16M $33.04M -$187.00K -$6.05M 2017-12-31 $51.70M $26.57M $10.67M $31.46M -$670.00K -$5.52M 2017-09-30 $50.12M $25.81M $10.09M $30.23M $3.00K -$5.78M 2017-06-30 $47.63M $24.33M $9.92M $31.01M $217.00K -$7.82M 2017-03-31 $44.53M $22.77M $9.65M $28.70M $136.00K -$7.04M 2016-12-31 $42.16M $21.15M $8.51M $28.35M $97.00K -$7.51M 2016-09-30 $38.30M $19.60M $8.22M $28.03M $97.00K -$9.48M 2016-06-30 $36.01M $18.87M $7.83M $26.75M $3.00K -$9.71M 2016-03-31 $33.76M $17.81M $7.90M $25.38M $230.00K -$9.65M 2015-12-31 $30.41M $16.58M $6.61M $22.15M $97.00K -$8.42M 2015-09-30 $28.02M $15.13M $5.98M $19.83M $79.00K -$7.02M 2015-06-30 $26.28M $14.14M $4.80M $17.13M $12.00K -$4.98M 2015-03-31 $24.16M $13.27M $4.15M $15.47M $32.00K -$4.64M 2014-12-31 $22.15M $12.87M $3.41M $13.94M $20.00K -$4.76M 2014-09-30 $20.99M $12.14M $3.15M $13.37M $18.00K -$4.63M 2014-06-30 $19.16M $10.83M $2.79M $12.88M $15.00K -$4.68M 2014-03-31 $16.83M $10.21M $2.74M $11.96M $18.00K -$5.57M 2013-12-31 $15.67M $10.88M $2.75M $11.11M $22.00K -$6.50M 2013-09-30 $14.32M $9.17M $2.26M $10.15M $14.00K -$5.18M 2013-06-30 $14.04M $8.41M $2.15M $9.21M $14.00K -$3.71M 2013-03-31 $12.83M $7.81M $1.87M $7.26M $5.00K -$2.49M
Revenue and expense 6 month Period end Revenue Cost of revenue Research and development Operating expenses Income tax Net income 2026-06-30 $436.27M $178.16M $83.00M $201.08M $4.97M $56.50M 2025-06-30 $384.88M $179.33M $74.77M $193.53M $2.22M $16.52M 2024-06-30 $338.40M $169.32M $70.62M $196.97M $3.64M -$26.90M 2023-06-30 $307.54M $160.41M $68.52M $191.99M $497.00K -$24.14M 2022-06-30 $274.38M $151.09M $62.96M $168.47M $1.70M -$48.78M 2021-06-30 $240.09M $131.55M $56.22M $146.00M $313.00K -$55.78M 2020-06-30 $189.96M $106.31M $48.60M $143.16M $505.00K -$73.08M 2019-06-30 $148.94M $77.24M $36.77M $103.20M -$276.00K -$36.64M 2018-06-30 $113.38M $56.28M $22.91M $68.99M -$340.00K -$14.68M 2017-06-30 $92.16M $47.10M $19.57M $59.71M $353.00K -$14.86M 2016-06-30 $69.76M $36.68M $15.73M $52.14M $233.00K -$19.36M 2015-06-30 $50.44M $27.41M $8.95M $32.60M $44.00K -$9.63M 2014-06-30 $35.99M $21.04M $5.52M $24.84M $33.00K -$10.25M 2013-06-30 $26.88M $16.21M $4.02M $16.48M $19.00K -$6.20M
Revenue and expense 9 month Period end Revenue Cost of revenue Research and development Operating expenses Income tax Net income 2025-09-30 $586.59M $272.19M $113.70M $291.37M $2.38M $31.57M 2024-09-30 $513.42M $255.28M $107.52M $298.83M $5.90M -$38.70M 2023-09-30 $462.51M $241.25M $103.06M $289.30M $1.50M -$47.30M 2022-09-30 $419.13M $228.99M $96.06M $262.42M $2.17M -$76.57M 2021-09-30 $366.83M $201.28M $86.99M $225.98M $909.00K -$87.36M 2020-09-30 $293.76M $163.68M $72.17M $209.45M $621.00K -$99.80M 2019-09-30 $228.64M $117.68M $56.39M $155.85M -$307.00K -$55.21M 2018-09-30 $173.92M $86.42M $35.82M $106.66M -$627.00K -$23.53M 2017-09-30 $142.28M $72.91M $29.66M $89.94M $356.00K -$20.64M 2016-09-30 $108.07M $56.28M $23.95M $80.16M $330.00K -$28.84M 2015-09-30 $78.46M $42.55M $14.93M $52.43M $123.00K -$16.64M 2014-09-30 $56.98M $33.19M $8.68M $38.21M $51.00K -$14.87M 2013-09-30 $41.20M $25.38M $6.28M $26.63M $33.00K -$11.38M
Revenue and expense 12 month Period end Revenue Cost of revenue Research and development Operating expenses Income tax Net income 2025-12-31 $794.81M $365.13M $154.33M $389.79M $2.72M $52.00M 2024-12-31 $696.46M $341.98M $143.24M $396.74M $7.68M -$38.50M 2023-12-31 $624.62M $321.97M $137.33M $388.71M $3.56M -$65.40M 2022-12-31 $565.67M $309.33M $130.10M $361.11M $2.91M -$109.00M 2021-12-31 $498.72M $273.69M $116.95M $303.03M $1.64M -$112.70M 2020-12-31 $402.75M $228.15M $97.38M $274.43M $1.42M -$137.62M 2019-12-31 $315.48M $162.49M $76.27M $219.75M -$12.49M -$70.88M 2018-12-31 $241.10M $121.86M $51.33M $151.09M -$3.80M -$35.40M 2017-12-31 $193.98M $99.48M $40.34M $121.40M -$314.00K -$26.16M 2016-12-31 $150.22M $77.43M $32.46M $108.51M $427.00K -$36.35M 2015-12-31 $108.87M $59.13M $21.53M $74.58M $220.00K -$25.06M 2014-12-31 $79.13M $46.05M $12.09M $52.15M $71.00K -$19.63M 2013-12-31 $56.87M $36.26M $9.03M $37.73M $55.00K -$17.88M 2012-12-31 $41.10M $25.17M $5.32M $23.06M $164.00K -$8.78M