Q2 Holdings (QTWO)

Pretax margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Earnings before tax but after interest (EBT) US$ in thousands -30,860 -61,822 -106,075 -111,103 -136,204
Revenue US$ in thousands 696,464 624,624 565,673 498,720 402,751
Pretax margin -4.43% -9.90% -18.75% -22.28% -33.82%

December 31, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $-30,860K ÷ $696,464K
= -4.43%


Peer comparison

Dec 31, 2024

Company name
Symbol
Pretax margin
Q2 Holdings
QTWO
-4.43%
Bentley Systems Inc
BSY
21.66%
Guidewire Software Inc
GWRE
4.11%