Q2 Holdings (QTWO) — Free Cash Flow Generation Index
Latest as of March 2026:
0.88x
Q2 Holdings (QTWO) has a Free Cash Flow Generation Index of 0.88x as of March 2026. Free cash flow of $49.72 Million represents 1% of operating cash flow ($56.32 Million). See QTWO net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
0.88x
Free Cash Flow / Operating CF
Free Cash Flow
$49.72 Million
USD
Operating Cash Flow
$56.32 Million
USD
Capital Expenditures
$6.60 Million
USD
Q2 Holdings Free Cash Flow Generation Index (2015–2025)
Historical FCF Generation Index trend for Q2 Holdings across 10 annual periods. Explore QTWO cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Q2 Holdings (2015–2025)
Year-by-year Free Cash Flow Generation Index for Q2 Holdings. For the full company profile including market capitalisation, see QTWO market cap overview.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.97x | $194.65 Million | $201.46 Million | $6.81 Million | ▲ +1.6% |
| 2024 | 0.95x | $129.06 Million | $135.75 Million | $6.69 Million | ▲ +68.5% |
| 2023 | 0.56x | $39.65 Million | $70.29 Million | $30.64 Million | ▲ +217.0% |
| 2022 | 0.18x | $6.50 Million | $36.56 Million | $30.05 Million | ▲ +1.1% |
| 2021 | 0.18x | $5.47 Million | $31.09 Million | $25.62 Million | ▲ +100.7% |
| 2019 | -24.26x | $-13.76 Million | $567.00K | $14.32 Million | ▼ -1176.3% |
| 2018 | -1.90x | $-8.74 Million | $4.59 Million | $13.33 Million | ▼ -372.3% |
| 2017 | -0.40x | $-3.81 Million | $9.47 Million | $13.29 Million | ▲ +90.2% |
| 2016 | -4.12x | $-13.97 Million | $3.39 Million | $17.36 Million | ▼ -988.3% |
| 2015 | -0.38x | $-2.04 Million | $5.40 Million | $7.44 Million | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).