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%
Peer comparison
Dec 31, 2024
Company name
Symbol
Net profit margin
Q2 Holdings
QTWO
-5.53%
Bentley Systems Inc
BSY
17.35%
Guidewire Software Inc
GWRE
5.81%