Q2 Holdings (QTWO)

Net profit margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Net income US$ in thousands -38,536 -65,384 -108,983 -112,746 -137,620
Revenue US$ in thousands 696,464 624,624 565,673 498,720 402,751
Net profit margin -5.53% -10.47% -19.27% -22.61% -34.17%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $-38,536K ÷ $696,464K
= -5.53%