Q2 Holdings (QTWO)

Operating profit margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Operating income US$ in thousands -42,263 -86,057 -103,585 -75,305 -86,111
Revenue US$ in thousands 696,464 624,624 565,673 498,720 402,751
Operating profit margin -6.07% -13.78% -18.31% -15.10% -21.38%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $-42,263K ÷ $696,464K
= -6.07%