AMZNprintsminutestrendsdividendsdrawdownsP/E 28.4macronarrativesvolatilitybuybackssentiment+0.8%marginsMSFTPMI 52.1momentumdividendsflowsPMI 52.1digeststhreadsvolatilityearnings callsvolumesβ 1.24breakoutsnewsflow2s10sliquidityheadlines−1.2%breakoutsnoiseGOOGLbuybacksrevisionstrendsPMI 52.1briefstickersnoiseGDPsentimentchattertranscriptsGOOGLsentimentvolatilitybuybacksMSFTwhispersMETAsessionsyield curves13FfuturesdowngradesPMI 52.1headlinesthe tapeflowsdowngradesfutures+0.8%earnings callstranscriptsclosesgammacatalystsrevisionsvolatilitysentimentchatter+2.41%earnings callssentimentfilingstrends10y 4.21%cyclesbuybackswiresspx 0dtewhisperstickersQ3trendsnewsflowearnings callsWTI 78.2sentimentnoisethreadsrumorsnarrativesFOMCconsensusestimatesmomentumYoY +18%tickersmomentumprintsβ 1.24revisions

momentumheadlines52w hipositioning2s10sfilingstrendsprintstrendsmacrocyclesnoise2s10smacroQ3narrativesheadlinesflowscyclesnarrativesspreadstranscriptsdowngradesupgradeswhisperswhispersminutesthe tapeNDXfuturesminutesyield curves52w hithe tapeFOMCcatalystsbriefsthe tapeNVDAguidancetrends52w hidrawdowns2s10swhispersmomentumdrawdownsbuybacks

PCEliquiditysentimentbreakoutsdowngradesP/E 28.4threadsAAPLSPXvolatilityNDXflowscyclesliquidityestimatesEPS 4.12

QTWO · NYSE · Software - Application

Q2 (QTWO)

Cloud software for digital banking, lending, fraud control, relationship pricing, and embedded finance.

$56.53

vs last close−0.33 (−0.58%)

In millions of USD, except per-share figures

In millions	Q3 FY23Sep 2023	Q4 FY23Dec 2023	Q1 FY24Mar 2024	Q2 FY24Jun 2024	Q3 FY24Sep 2024	Q4 FY24Dec 2024	Q1 FY25Mar 2025	Q2 FY25Jun 2025	Q3 FY25Sep 2025	Q4 FY25Dec 2025	Q1 FY26Mar 2026	Q2 FY26Jun 2026
Revenue	155	162	166	173	175	183	190	195	202	208	217	220
Cost of revenue	81	81	83	86	86	87	89	91	93	93	89	90
Gross profit	74	81	82	87	89	96	101	105	109	115	128	130
	97	99	96	101	102	96	99	95	98	97	100	101
Research & development	35	34	35	36	37	36	38	37	39	41	42	41
	54	57	56	59	57	57	59	58	58	56	58	59
Selling & marketing	26	27	25	28	26	27	27	27	26	26	26	26
General & administrative	28	30	30	31	31	30	32	31	32	30	32	33
Other expenses	9	8	6	6	8	3	2	0	1	0	0	1
Operating income	−23	−18	−14	−14	−13	1	2	10	11	18	28	29
	1	2	2	3	3	1	3	4	4	2	2	2
Interest income	2	3	3	4	5	5	5	5	5	5	3	3
Interest expense	1	1	1	1	1	1	2	1	1	1	1	1
Other non-operating income	−2	−3	−3	−4	−5	−2	−5	−5	−5	−4	−3	0
Income before tax	−22	−16	−12	−11	−10	2	5	13	15	21	30	32
Income tax expense	1	2	2	2	2	2	0	2	0	0	3	2
Net income from continuing operations	−23	−18	−14	−13	−12	0	5	12	15	20	27	30
Net income	−23	−18	−14	−13	−12	0	5	12	15	20	27	30
EPS, basic	−$0.40	−$0.31	−$0.23	−$0.22	−$0.20	$0.00	$0.08	$0.19	$0.24	$0.33	$0.43	$0.48
EPS, diluted	−$0.40	−$0.31	−$0.23	−$0.22	−$0.20	$0.00	$0.07	$0.18	$0.23	$0.31	$0.40	$0.46
Weighted average shares, basic	58	59	59	60	60	60	61	62	62	63	62	62
Weighted average shares, diluted	58	59	59	60	60	65	65	70	70	68	68	67
EBITDA	−3	3	7	8	9	19	20	28	25	29	50	41
Depreciation & amortization	18	18	18	18	18	16	14	14	8	7	19	12
EBIT	−21	−15	−11	−10	−8	3	7	15	16	22	31	29