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Q2 (QTWO) Financials

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$76.82 +1.38 (+1.82%)
Closing price 04/15/2025 03:59 PM Eastern
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$76.83 +0.02 (+0.02%)
As of 04/15/2025 05:52 PM Eastern
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Annual Income Statements for Q2

Annual Income Statements for Q2

This table shows Q2's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders		 -25 -36 -26 -35 -71 -138 -113 -109 -65 -39
Consolidated Net Income / (Loss)		 -25 -36 -26 -35 -71 -138 -113 -109 -65 -39
Net Income / (Loss) Continuing Operations		 -25 -36 -26 -35 -71 -138 -113 -109 -65 -39
Total Pre-Tax Income 		-25 -36 -26 -39 -83 -136 -111 -106 -62 -31
Total Operating Income		 -25 -36 -27 -32 -67 -100 -78 -105 -86 -42
Total Gross Profit		 50 73 94 119 153 175 225 256 303 354
Total Revenue		 109 150 194 241 315 403 499 566 625 696
Operating Revenue		 109 150 194 241 315 403 499 566 625 696
Total Cost of Revenue		 59 77 99 122 162 228 274 309 322 342
Operating Cost of Revenue		 59 77 99 122 162 228 274 309 322 342
Total Operating Expenses		 75 109 121 151 220 274 303 361 389 397
Selling, General & Admin Expense		 23 32 37 45 57 71 78 90 110 123
Marketing Expense		 27 36 41 48 64 72 86 108 110 106
Research & Development Expense		 22 32 40 51 76 97 117 130 137 143
Amortization Expense		 0.58 1.47 1.48 1.84 6.34 18 18 18 21 17
Restructuring Charge		 - - - - - 2.18 4.70 14 11 7.63
Total Other Income / (Expense), net		 -0.00 -0.21 0.43 -7.35 -17 -36 -33 -1.31 24 11
Interest Expense		 - - - 0.00 0.00 8.93 1.51 0.00 -20 0.00
Interest & Investment Income		 0.28 0.36 0.55 2.81 3.67 1.21 1.48 5.36 10 16
Other Income / (Expense), net		 -0.28 -0.57 -0.12 -10 -20 -29 -33 -6.68 -5.73 -4.94
Income Tax Expense		 0.22 0.43 -0.31 -3.80 -12 1.42 1.64 2.91 3.56 7.68
Basic Earnings per Share		 ($0.67) ($0.92) ($0.63) ($0.83) ($1.53) ($2.65) ($2.00) ($1.90) ($1.12) ($0.64)
Weighted Average Basic Shares Outstanding		 37.28M 39.65M 41.22M 42.80M 46.20M 52.02M 56.39M 57.30M 58.35M 60.11M
Diluted Earnings per Share		 ($0.67) ($0.92) ($0.63) ($0.83) ($1.53) ($2.65) ($2.00) ($1.90) ($1.12) ($0.64)
Weighted Average Diluted Shares Outstanding		 37.28M 39.65M 41.22M 42.80M 46.20M 52.02M 56.39M 57.30M 58.35M 60.11M
Weighted Average Basic & Diluted Shares Outstanding		 37.28M 39.65M 41.22M 42.80M 46.20M 52.02M 56.93M 57.74M 59.07M 60.73M

Quarterly Income Statements for Q2

This table shows Q2's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Income / (Loss) Attributable to Common Shareholders		 -28 -32 -0.52 -24 -23 -18 -14 -13 -12 0.16
Consolidated Net Income / (Loss)		 -28 -32 -0.52 -24 -23 -18 -14 -13 -12 0.16
Net Income / (Loss) Continuing Operations		 -28 -32 -0.52 -24 -23 -18 -14 -13 -12 0.16
Total Pre-Tax Income 		-27 -32 -0.50 -23 -22 -16 -12 -11 -9.54 1.94
Total Operating Income		 -27 -32 -21 -24 -23 -18 -14 -14 -13 -1.58
Total Gross Profit		 67 66 73 74 74 81 82 87 89 96
Total Revenue		 145 147 153 155 155 162 166 173 175 183
Operating Revenue		 145 147 153 155 155 162 166 173 175 183
Total Cost of Revenue		 78 80 80 81 81 81 83 86 86 87
Operating Cost of Revenue		 78 80 80 81 81 81 83 86 86 87
Total Operating Expenses		 94 99 94 97 97 99 96 101 102 98
Selling, General & Admin Expense		 23 24 25 27 28 30 30 31 31 30
Marketing Expense		 28 29 28 29 26 27 25 28 26 27
Research & Development Expense		 33 34 34 34 35 34 35 36 37 36
Amortization Expense		 4.42 4.98 5.26 5.25 5.25 4.90 4.83 4.79 4.78 2.59
Restructuring Charge		 5.85 7.47 1.97 2.32 3.31 3.40 1.13 0.97 3.13 2.41
Total Other Income / (Expense), net		 -0.23 0.81 21 0.53 1.01 2.00 1.90 2.73 3.26 3.51
Interest & Investment Income		 1.42 2.46 2.28 2.11 2.33 3.39 3.19 3.85 4.62 4.68
Other Income / (Expense), net		 -1.65 -1.65 -1.44 -1.58 -1.32 -1.39 -1.29 -1.12 -1.35 -1.17
Income Tax Expense		 0.47 0.74 0.02 0.48 1.01 2.06 1.56 2.09 2.26 1.77
Basic Earnings per Share		 ($0.48) ($0.57) ($0.01) ($0.41) ($0.40) ($0.30) ($0.23) ($0.22) ($0.20) $0.01
Weighted Average Basic Shares Outstanding		 57.36M 57.30M 57.89M 58.29M 58.49M 58.35M 59.45M 60.16M 60.31M 60.11M
Diluted Earnings per Share		 ($0.48) ($0.57) ($0.01) ($0.41) ($0.40) ($0.30) ($0.23) ($0.22) ($0.20) $0.01
Weighted Average Diluted Shares Outstanding		 57.36M 57.30M 57.89M 58.29M 58.49M 58.35M 59.45M 60.16M 60.31M 60.11M
Weighted Average Basic & Diluted Shares Outstanding		 57.52M 57.74M 58.20M 58.45M 58.64M 59.07M 60.10M 60.28M 60.40M 60.73M

Annual Cash Flow Statements for Q2

This table details how cash moves in and out of Q2's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Change in Cash & Equivalents		 -0.93 -12 4.09 50 -6.59 308 -85 -124 32 127
Net Cash From Operating Activities		 5.40 3.39 9.47 4.60 0.57 -2.94 31 37 70 136
Net Cash From Continuing Operating Activities		 5.40 3.39 9.47 4.60 0.57 -2.94 31 37 70 136
Net Income / (Loss) Continuing Operations		 -25 -36 -26 -35 -71 -138 -113 -109 -65 -39
Consolidated Net Income / (Loss)		 -25 -36 -26 -35 -71 -138 -113 -109 -65 -39
Depreciation Expense		 6.85 12 15 17 28 52 55 62 72 69
Amortization Expense		 5.42 7.30 7.80 17 30 47 53 26 25 28
Non-Cash Adjustments To Reconcile Net Income		 7.40 13 21 24 36 59 56 76 68 94
Changes in Operating Assets and Liabilities, net		 11 7.36 -8.08 -18 -24 -22 -20 -18 -29 -17
Net Cash From Investing Activities		 -58 -17 -17 -171 -483 -124 -65 -166 113 -21
Net Cash From Continuing Investing Activities		 -58 -17 -17 -171 -483 -124 -65 -166 113 -21
Purchase of Property, Plant & Equipment		 -7.13 -15 -12 -13 -14 -24 -26 -30 -31 -29
Acquisitions		 -28 -2.79 -4.79 -131 -506 -0.95 -65 -5.04 0.00 0.00
Purchase of Investments		 -44 -40 -28 -76 -27 -131 -124 -293 -77 -96
Sale and/or Maturity of Investments		 21 41 28 48 64 32 149 163 221 104
Net Cash From Financing Activities		 52 0.94 12 217 476 435 -51 5.88 -152 13
Net Cash From Continuing Financing Activities		 52 0.94 12 217 476 434 -51 5.88 -152 13
Repayment of Debt		 -4.66 -5.05 - - 0.00 0.00 -64 0.00 -161 -0.94
Other Financing Activities, net		 4.17 6.00 12 -29 -26 127 32 5.88 8.54 14
Effect of Exchange Rate Changes		 - - - - - 0.05 -0.17 -0.80 0.18 -0.83
Cash Interest Paid		 0.21 0.22 0.07 0.81 2.85 4.10 3.10 2.89 2.65 2.68
Cash Income Taxes Paid		 0.06 0.12 0.13 0.25 0.32 0.57 1.03 0.88 2.62 5.88

Quarterly Cash Flow Statements for Q2

This table details how cash moves in and out of Q2's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Change in Cash & Equivalents		 -19 6.60 -78 -3.00 38 76 45 28 16 39
Net Cash From Operating Activities		 6.51 44 3.89 13 17 37 13 36 43 43
Net Cash From Continuing Operating Activities		 6.51 44 3.89 13 17 37 13 36 43 43
Net Income / (Loss) Continuing Operations		 -28 -32 -0.52 -24 -23 -18 -14 -13 -12 0.16
Consolidated Net Income / (Loss)		 -28 -32 -0.52 -24 -23 -18 -14 -13 -12 0.16
Depreciation Expense		 15 16 18 18 18 18 18 18 18 16
Amortization Expense		 6.55 6.11 5.59 6.19 6.22 6.76 6.54 7.13 6.85 7.31
Non-Cash Adjustments To Reconcile Net Income		 22 23 0.97 23 25 20 22 25 28 20
Changes in Operating Assets and Liabilities, net		 -9.92 31 -20 -10 -9.10 10 -19 -0.37 2.77 -0.06
Net Cash From Investing Activities		 -25 -40 78 -20 21 35 23 -11 -27 -6.45
Net Cash From Continuing Investing Activities		 -25 -40 78 -20 21 35 23 -11 -27 -6.45
Purchase of Property, Plant & Equipment		 -10 -5.46 -7.08 -9.34 -7.47 -6.75 -7.42 -7.28 -8.15 -6.19
Purchase of Investments		 -72 -79 -43 -27 -7.44 -0.05 -0.08 -33 -34 -28
Sale and/or Maturity of Investments		 57 49 128 16 36 41 31 29 15 28
Net Cash From Financing Activities		 0.45 2.63 -160 3.84 0.39 4.08 8.40 3.04 -0.94 2.81
Net Cash From Continuing Financing Activities		 0.45 2.63 -160 3.84 0.39 4.08 8.40 3.04 -0.94 2.81
Other Financing Activities, net		 0.45 2.63 0.23 3.84 0.39 4.08 8.40 3.04 - 2.81
Effect of Exchange Rate Changes		 -0.36 0.14 0.06 0.22 -0.41 0.32 -0.19 -0.07 0.19 -0.76

Annual Balance Sheets for Q2

This table presents Q2's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Total Assets		 204 201 213 464 1,009 1,417 1,385 1,350 1,201 1,295
Total Current Assets		 133 126 131 218 186 616 522 531 428 559
Cash & Equivalents		 67 55 58 108 100 408 323 200 230 359
Restricted Cash		 2.12 1.32 2.32 1.82 3.47 3.48 2.97 2.30 3.98 2.23
Short-Term Investments		 44 42 42 69 32 131 105 234 94 88
Accounts Receivable		 9.01 12 13 20 22 36 47 47 43 42
Prepaid Expenses		 3.06 3.22 3.12 3.98 6.35 8.86 11 11 12 24
Other Current Assets		 8.41 12 13 16 22 28 34 38 45 44
Plant, Property, & Equipment, net		 24 27 35 35 39 50 67 57 41 32
Total Noncurrent Assets		 47 48 47 210 784 751 796 762 732 705
Goodwill		 13 13 13 108 462 462 513 513 513 513
Intangible Assets		 17 15 12 63 224 185 162 146 122 95
Other Noncurrent Operating Assets		 17 20 22 39 98 104 121 103 98 97
Total Liabilities & Shareholders' Equity		 204 201 213 464 1,009 1,417 1,385 1,350 1,201 1,295
Total Liabilities		 86 101 106 305 630 773 815 931 753 777
Total Current Liabilities		 46 59 68 74 133 146 168 192 192 399
Short-Term Debt		 0.16 - - - - - 0.00 11 0.00 190
Accounts Payable		 3.45 4.23 7.62 9.17 11 7.89 11 10 19 9.35
Accrued Expenses		 11 8.82 11 9.33 16 22 18 21 16 18
Current Deferred Revenue		 23 30 38 43 58 82 99 117 119 138
Current Employee Benefit Liabilities		 7.71 16 12 13 39 27 32 23 27 33
Other Current Liabilities		 - - - 0.00 9.14 6.84 9.00 9.41 10 10
Total Noncurrent Liabilities		 41 42 38 231 497 628 646 739 561 378
Long-Term Debt		 - - 0.00 183 425 557 552 658 490 302
Noncurrent Deferred Revenue		 37 41 38 31 33 29 29 22 17 27
Other Noncurrent Operating Liabilities		 4.25 0.36 0.44 17 39 41 66 59 54 49
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 118 100 107 159 379 643 570 419 448 518
Total Preferred & Common Equity		 118 100 107 159 379 643 570 419 448 518
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 118 100 107 159 379 643 570 419 448 518
Common Stock		 208 226 260 331 623 1,025 1,064 982 1,075 1,184
Retained Earnings		 -89 -126 -152 -172 -243 -381 -494 -560 -626 -664
Accumulated Other Comprehensive Income / (Loss)		 -0.10 -0.05 -0.14 -0.04 0.01 -0.03 -0.14 -2.97 -1.11 -1.87

Quarterly Balance Sheets for Q2

This table presents Q2's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Total Assets		 1,333 1,184 1,173 1,179 1,228 1,249 1,273
Total Current Assets		 499 375 379 397 458 491 526
Cash & Equivalents		 193 121 118 156 275 304 320
Restricted Cash		 2.73 2.27 2.30 2.07 4.26 2.52 1.85
Short-Term Investments		 203 150 162 135 64 68 88
Accounts Receivable		 53 40 39 44 54 59 58
Prepaid Expenses		 14 15 12 15 16 13 18
Other Current Assets		 35 46 46 45 46 45 41
Plant, Property, & Equipment, net		 59 53 48 45 38 35 34
Total Noncurrent Assets		 775 756 745 738 732 722 712
Goodwill		 513 513 513 513 513 513 513
Intangible Assets		 146 140 135 128 115 108 101
Other Noncurrent Operating Assets		 116 103 97 97 104 101 98
Total Liabilities & Shareholders' Equity		 1,333 1,184 1,173 1,179 1,228 1,249 1,273
Total Liabilities		 903 745 731 738 763 768 778
Total Current Liabilities		 166 177 169 176 193 201 211
Accounts Payable		 12 14 14 15 13 14 13
Accrued Expenses		 15 20 16 18 23 20 20
Current Deferred Revenue		 101 122 111 116 132 134 141
Current Employee Benefit Liabilities		 18 12 18 19 14 21 26
Other Current Liabilities		 9.44 9.23 9.21 9.07 11 11 11
Total Noncurrent Liabilities		 737 568 562 562 571 567 567
Long-Term Debt		 657 489 489 490 491 491 492
Noncurrent Deferred Revenue		 21 23 20 18 27 24 25
Other Noncurrent Operating Liabilities		 59 56 53 54 53 51 50
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 430 439 441 441 465 481 495
Total Preferred & Common Equity		 430 439 441 441 465 481 495
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 430 439 441 441 465 481 495
Common Stock		 962 1,002 1,028 1,051 1,106 1,134 1,160
Retained Earnings		 -528 -561 -584 -608 -640 -653 -664
Accumulated Other Comprehensive Income / (Loss)		 -3.60 -1.95 -1.95 -1.99 -1.31 -1.21 -0.59

Annual Metrics and Ratios for Q2

This table displays calculated financial ratios and metrics derived from Q2's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 37.58% 37.99% 29.13% 24.29% 30.85% 27.66% 23.83% 13.43% 10.42% 11.50%
EBITDA Growth		 -16.89% -30.62% 74.49% -93.53% -238.98% -6.92% 90.82% -773.50% 119.42% 956.67%
EBIT Growth		 -28.00% -44.43% 25.50% -55.42% -107.17% -47.62% 13.55% -0.33% 17.63% 48.58%
NOPAT Growth		 -30.25% -43.79% 24.67% -18.37% -109.56% -49.57% 21.87% -34.32% 17.85% 50.89%
Net Income Growth		 -27.65% -45.05% 28.03% -35.29% -100.23% -94.17% 18.07% 3.34% 40.01% 41.06%
EPS Growth		 0.00% -37.31% 31.52% -31.75% -84.34% -73.20% 24.53% 5.00% 41.05% 42.86%
Operating Cash Flow Growth		 202.14% -37.14% 179.08% -51.49% -87.66% -618.17% 1,158.27% 17.57% 92.29% 93.12%
Free Cash Flow Firm Growth		 -285.01% 35.18% -1.35% -730.14% -206.76% 89.16% -46.15% 60.91% 44.04% 204.46%
Invested Capital Growth		 152.61% -66.65% 159.23% 3,386.12% 311.30% -1.50% 5.00% -5.66% -6.30% -8.11%
Revenue Q/Q Growth		 8.21% 8.48% 5.18% 6.86% 6.65% 5.82% 4.81% 2.66% 2.56% 3.10%
EBITDA Q/Q Growth		 -18.92% 12.17% 29.61% -177.97% -9.75% 22.27% 49.58% -155.17% 138.26% 44.64%
EBIT Q/Q Growth		 -16.85% 2.38% 4.10% -29.27% -17.04% 0.21% 2.35% -8.30% 13.83% 26.09%
NOPAT Q/Q Growth		 -17.32% 2.67% 3.63% -24.98% -15.91% 1.37% 3.60% -16.61% 14.39% 28.01%
Net Income Q/Q Growth		 -17.10% 2.43% 7.07% -21.83% -5.67% -19.19% 9.94% -6.90% 17.98% 32.13%
EPS Q/Q Growth		 -48.89% 4.17% 7.35% -22.06% -2.00% -16.74% 10.71% -6.74% 19.42% 32.63%
Operating Cash Flow Q/Q Growth		 930.62% -6.55% 54.62% 7.64% -92.04% 85.37% 191.81% 13.63% -9.39% 4.99%
Free Cash Flow Firm Q/Q Growth		 -25.00% 31.53% 3.14% -285.25% -239.63% 89.82% 17.68% -0.75% -123.17% 1.53%
Invested Capital Q/Q Growth		 121.89% -77.55% -57.10% 308.46% 312.12% -3.08% -5.17% -6.84% -4.26% -2.77%
Profitability Metrics		 - - - - - - - - - -
Gross Margin		 45.69% 48.46% 48.71% 49.46% 48.50% 43.35% 45.12% 45.32% 48.45% 50.90%
EBITDA Margin		 -11.81% -11.18% -2.21% -3.44% -8.91% -7.46% -0.55% -4.26% 0.75% 7.10%
Operating Margin		 -22.82% -23.78% -13.87% -13.21% -21.16% -24.79% -15.64% -18.52% -13.78% -6.07%
EBIT Margin		 -23.08% -24.15% -13.94% -17.42% -27.59% -31.90% -22.27% -19.70% -14.70% -6.78%
Profit (Net Income) Margin		 -23.02% -24.20% -13.49% -14.68% -22.47% -34.17% -22.61% -19.27% -10.47% -5.53%
Tax Burden Percent		 100.89% 101.19% 98.81% 90.30% 85.02% 101.04% 101.48% 102.74% 105.76% 124.87%
Interest Burden Percent		 98.89% 99.01% 97.95% 93.31% 95.78% 106.01% 100.03% 95.19% 67.35% 65.38%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 0.00% -695.48% -583.21% -26.68% -11.25% -10.54% -8.09% -10.92% -9.54% -5.05%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% -684.72% -575.90% -0.04% -27.76% -55.12% -93.71% -31.06% -12.14% -13.74%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 662.16% 557.92% 0.01% -15.09% -16.38% -10.49% -11.11% -5.54% -2.93%
Return on Equity (ROE)		 -25.46% -33.32% -25.30% -26.66% -26.33% -26.91% -18.58% -22.03% -15.07% -7.98%
Cash Return on Invested Capital (CROIC)		 -612.56% -595.51% -671.87% -215.52% -133.02% -9.03% -12.97% -5.09% -3.03% 3.41%
Operating Return on Assets (OROA)		 -14.72% -17.90% -13.06% -12.42% -11.82% -10.59% -7.93% -8.15% -7.20% -3.78%
Return on Assets (ROA)		 -14.69% -17.93% -12.65% -10.46% -9.62% -11.34% -8.05% -7.97% -5.13% -3.09%
Return on Common Equity (ROCE)		 -25.46% -33.32% -25.30% -26.66% -26.33% -26.91% -18.58% -22.03% -15.07% -7.98%
Return on Equity Simple (ROE_SIMPLE)		 -21.24% -36.27% -24.54% -22.28% -18.68% -21.39% -19.77% -26.01% -14.58% -7.44%
Net Operating Profit after Tax (NOPAT)		 -17 -25 -19 -22 -47 -70 -55 -73 -60 -30
NOPAT Margin		 -15.97% -16.64% -9.71% -9.25% -14.81% -17.35% -10.95% -12.96% -9.64% -4.25%
Net Nonoperating Expense Percent (NNEP)		 -7.61% -10.76% -7.31% -26.64% 16.52% 44.59% 85.62% 20.15% 2.60% 8.69%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - -6.74% -6.42% -2.93%
Cost of Revenue to Revenue		 54.31% 51.54% 51.29% 50.54% 51.50% 56.65% 54.88% 54.68% 51.55% 49.10%
SG&A Expenses to Revenue		 21.11% 21.27% 19.17% 18.66% 17.98% 17.61% 15.62% 15.94% 17.64% 17.65%
R&D to Revenue		 19.78% 21.61% 20.80% 21.29% 24.18% 24.18% 23.45% 23.00% 21.99% 20.57%
Operating Expenses to Revenue		 68.50% 72.23% 62.58% 62.67% 69.65% 68.14% 60.76% 63.84% 62.23% 56.97%
Earnings before Interest and Taxes (EBIT)		 -25 -36 -27 -42 -87 -128 -111 -111 -92 -47
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -13 -17 -4.28 -8.29 -28 -30 -2.76 -24 4.68 49
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 8.65 11.55 14.40 13.53 10.29 10.60 7.91 3.69 5.68 11.74
Price to Tangible Book Value (P/TBV)		 11.61 16.05 18.79 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)		 9.38 7.71 7.92 8.91 12.38 16.93 9.05 2.73 4.08 8.73
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 168.46 589.30 307.59 13.25 6.27 10.38 6.71 2.73 4.43 10.91
Enterprise Value to Revenue (EV/Rev)		 8.34 7.05 7.39 8.93 13.29 16.97 9.29 3.14 4.34 8.79
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 578.84 123.87
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 168.24 312.19 151.36 468.51 7,395.70 0.00 149.06 48.65 38.52 45.10
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 306.29
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 0.00 0.00 0.00 1.15 1.12 0.87 0.97 1.60 1.09 0.95
Long-Term Debt to Equity		 0.00 0.00 0.00 1.15 1.12 0.87 0.97 1.57 1.09 0.58
Financial Leverage		 -1.02 -0.97 -0.97 -0.37 0.54 0.30 0.11 0.36 0.46 0.21
Leverage Ratio		 1.73 1.86 2.00 2.55 2.74 2.37 2.31 2.76 2.94 2.58
Compound Leverage Factor		 1.71 1.84 1.96 2.38 2.62 2.51 2.31 2.63 1.98 1.69
Debt to Total Capital		 0.14% 0.00% 0.00% 53.49% 52.82% 46.42% 49.17% 61.48% 52.24% 48.75%
Short-Term Debt to Total Capital		 0.14% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.00% 0.00% 18.84%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00% 53.49% 52.82% 46.42% 49.17% 60.47% 52.24% 29.91%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 99.86% 100.00% 100.00% 46.51% 47.18% 53.58% 50.83% 38.52% 47.76% 51.25%
Debt to EBITDA		 -0.01 0.00 0.00 -22.04 -15.12 -18.56 -200.00 -27.76 104.84 9.96
Net Debt to EBITDA		 8.76 0.00 0.00 -0.43 -10.28 -0.50 -43.84 -9.67 34.73 0.88
Long-Term Debt to EBITDA		 0.00 0.00 0.00 -22.04 -15.12 -18.56 -200.00 -27.30 104.84 6.11
Debt to NOPAT		 -0.01 0.00 0.00 -8.20 -9.09 -7.98 -10.10 -9.12 -8.14 -16.65
Net Debt to NOPAT		 6.47 0.00 0.00 -0.16 -6.18 -0.21 -2.21 -3.18 -2.70 -1.47
Long-Term Debt to NOPAT		 0.00 0.00 0.00 -8.20 -9.09 -7.98 -10.10 -8.97 -8.14 -10.21
Altman Z-Score		 7.11 6.57 8.52 4.31 3.47 5.30 3.23 0.86 1.80 4.54
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - -
Current Ratio		 2.92 2.12 1.93 2.96 1.40 4.23 3.10 2.77 2.23 1.40
Quick Ratio		 2.62 1.85 1.66 2.67 1.16 3.95 2.82 2.50 1.92 1.23
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -33 -21 -22 -180 -553 -60 -87 -34 -19 20
Operating Cash Flow to CapEx		 75.74% 23.13% 76.91% 34.47% 4.01% -12.39% 121.36% 121.64% 229.39% 467.61%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 0.00 -6.70 -57.83 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 0.00 -0.33 20.55 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 -2.98 3.62 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.64 0.74 0.94 0.71 0.43 0.33 0.36 0.41 0.49 0.56
Accounts Receivable Turnover		 15.53 14.14 15.25 14.67 14.98 13.68 11.96 12.07 13.94 16.39
Inventory Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 5.07 5.79 6.25 6.93 8.50 9.07 8.59 9.18 12.76 19.16
Accounts Payable Turnover		 21.75 20.16 16.79 14.52 16.14 24.20 29.61 29.96 21.90 23.83
Days Sales Outstanding (DSO)		 23.50 25.81 23.94 24.88 24.36 26.68 30.52 30.23 26.19 22.27
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 16.78 18.10 21.74 25.15 22.62 15.08 12.33 12.18 16.67 15.32
Cash Conversion Cycle (CCC)		 6.72 7.71 2.20 -0.26 1.74 11.60 18.20 18.05 9.52 6.95
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 5.39 1.80 4.66 162 668 658 691 652 611 561
Invested Capital Turnover		 -44.83 41.79 60.06 2.88 0.76 0.61 0.74 0.84 0.99 1.19
Increase / (Decrease) in Invested Capital		 16 -3.59 2.86 158 506 -10 33 -39 -41 -50
Enterprise Value (EV)		 908 1,060 1,434 2,153 4,193 6,833 4,634 1,779 2,708 6,123
Market Capitalization		 1,021 1,158 1,536 2,149 3,904 6,818 4,514 1,545 2,545 6,079
Book Value per Share		 $3.05 $2.50 $2.56 $3.66 $7.88 $11.94 $10.04 $7.29 $7.65 $8.57
Tangible Book Value per Share		 $2.27 $1.80 $1.96 ($0.28) ($6.36) ($0.07) ($1.85) ($4.16) ($3.17) ($1.49)
Total Capital		 118 100 107 342 804 1,201 1,122 1,088 939 1,010
Total Debt		 0.16 0.00 0.00 183 425 557 552 669 490 492
Total Long-Term Debt		 0.00 0.00 0.00 183 425 557 552 658 490 302
Net Debt		 -113 -98 -102 3.59 289 15 121 233 162 44
Capital Expenditures (CapEx)		 7.13 15 12 13 14 24 26 30 31 29
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -25 -32 -39 -35 -83 -72 -77 -86 -92 -99
Debt-free Net Working Capital (DFNWC)		 88 66 63 145 53 470 354 350 236 350
Net Working Capital (NWC)		 88 66 63 145 53 470 354 339 236 160
Net Nonoperating Expense (NNE)		 7.68 11 7.33 13 24 68 58 36 5.14 8.95
Net Nonoperating Obligations (NNO)		 -113 -98 -102 3.59 289 15 121 233 162 44
Total Depreciation and Amortization (D&A)		 12 19 23 34 59 98 108 87 96 97
Debt-free, Cash-free Net Working Capital to Revenue		 -23.02% -21.29% -20.08% -14.31% -26.16% -17.91% -15.36% -15.15% -14.66% -14.18%
Debt-free Net Working Capital to Revenue		 80.54% 44.24% 32.49% 59.99% 16.92% 116.79% 71.00% 61.86% 37.85% 50.27%
Net Working Capital to Revenue		 80.40% 44.24% 32.49% 59.99% 16.92% 116.79% 71.00% 59.93% 37.85% 22.94%
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 ($2.00) ($1.90) ($1.12) ($0.64)
Adjusted Weighted Average Basic Shares Outstanding		 0.00 0.00 0.00 0.00 0.00 0.00 56.39M 57.30M 58.35M 60.11M
Adjusted Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 ($2.00) ($1.90) ($1.12) ($0.64)
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 0.00 0.00 0.00 0.00 0.00 56.39M 57.30M 58.35M 60.11M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 0.00 0.00 0.00 0.00 0.00 56.93M 57.74M 59.07M 60.73M
Normalized Net Operating Profit after Tax (NOPAT)		 -17 -25 -19 -22 -47 -59 -51 -63 -53 -24
Normalized NOPAT Margin		 -15.97% -16.64% -9.71% -9.25% -14.81% -14.67% -10.29% -11.18% -8.41% -3.48%
Pre Tax Income Margin		 -22.82% -23.92% -13.65% -16.26% -26.42% -33.82% -22.28% -18.75% -9.90% -4.43%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 -14.38 -73.41 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 -7.82 -36.08 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 -17.04 -90.34 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 -10.48 -53.02 0.00 0.00 0.00
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% -0.02% 0.00% 0.00% 0.00% -99.94% -17.43% 0.00% 0.00% 0.00%

Quarterly Metrics and Ratios for Q2

This table displays calculated financial ratios and metrics derived from Q2's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 14.21% 11.11% 14.12% 10.14% 7.06% 10.63% 8.17% 11.88% 12.94% 12.91%
EBITDA Growth		 -67.64% -482.07% 133.09% 72.50% 100.28% 145.60% 1,651.43% 983.57% 54,373.68% 288.10%
EBIT Growth		 7.65% -33.38% 2.02% 0.77% 14.80% 43.15% 31.65% 41.30% 42.20% 85.84%
NOPAT Growth		 -17.93% -84.93% 0.93% 0.48% 14.47% 44.54% 33.09% 42.11% 44.76% 98.94%
Net Income Growth		 12.01% -27.70% 97.81% 6.34% 16.64% 44.22% -2,582.75% 44.71% 49.08% 100.91%
EPS Growth		 14.29% -26.67% 97.56% 6.82% 16.67% 47.37% -2,200.00% 46.34% 50.00% 103.33%
Operating Cash Flow Growth		 145.24% 11.11% 186.49% 240.24% 157.22% -16.61% 245.04% 175.71% 158.16% 17.66%
Free Cash Flow Firm Growth		 115.18% 136.27% 159.65% 2,834.51% 356.59% 73.80% 13.40% 1.49% 13.71% 73.53%
Invested Capital Growth		 -3.97% -5.66% -6.05% -8.13% -8.83% -6.30% -6.25% -7.87% -9.53% -8.11%
Revenue Q/Q Growth		 3.17% 1.24% 4.41% 1.00% 0.28% 4.61% 2.09% 4.46% 1.23% 4.58%
EBITDA Q/Q Growth		 -68.66% -68.15% 104.22% -329.80% 101.69% 27,768.42% 62.08% 15.93% 4.03% 98.55%
EBIT Q/Q Growth		 -12.95% -18.78% 33.67% -11.51% 3.01% 20.75% 20.25% 4.23% 4.51% 80.59%
NOPAT Q/Q Growth		 -13.90% -19.92% 34.75% -11.65% 2.10% 22.25% 21.27% 3.40% 6.59% 98.51%
Net Income Q/Q Growth		 -10.19% -16.62% 98.41% -4,477.91% 1.93% 21.96% 23.43% 5.66% 9.67% 101.39%
EPS Q/Q Growth		 -9.09% -18.75% 98.25% -4,000.00% 2.44% 25.00% 23.33% 4.35% 9.09% 105.00%
Operating Cash Flow Q/Q Growth		 169.90% 573.47% -91.12% 235.59% 28.20% 118.33% -63.27% 168.16% 20.04% -0.50%
Free Cash Flow Firm Q/Q Growth		 768.63% 64.24% 66.37% 49.67% 11.64% -37.48% 8.56% 33.95% 25.09% -4.60%
Invested Capital Q/Q Growth		 -0.85% -6.84% 0.31% -0.84% -1.61% -4.26% 0.37% -2.55% -3.38% -2.77%
Profitability Metrics		 - - - - - - - - - -
Gross Margin		 46.19% 45.18% 47.90% 47.78% 47.84% 50.21% 49.70% 50.22% 50.88% 52.63%
EBITDA Margin		 -4.77% -7.92% 0.32% -0.73% 0.01% 3.27% 5.19% 5.75% 5.91% 11.23%
Operating Margin		 -18.72% -22.17% -13.85% -15.32% -14.95% -11.11% -8.57% -7.93% -7.31% -0.86%
EBIT Margin		 -19.86% -23.30% -14.80% -16.34% -15.80% -11.97% -9.35% -8.57% -8.09% -1.50%
Profit (Net Income) Margin		 -19.20% -22.12% -0.34% -15.29% -14.95% -11.15% -8.36% -7.55% -6.74% 0.09%
Tax Burden Percent		 101.72% 102.32% 103.61% 102.07% 104.54% 112.85% 112.65% 119.04% 123.70% 8.47%
Interest Burden Percent		 95.06% 92.79% 2.20% 91.66% 90.49% 82.55% 79.40% 74.01% 67.38% -70.45%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 91.53%
Return on Invested Capital (ROIC)		 -10.10% -13.07% -8.40% -9.48% -9.53% -7.69% -6.03% -5.84% -5.69% -0.09%
ROIC Less NNEP Spread (ROIC-NNEP)		 -14.34% -18.53% -2.24% -12.47% -12.51% -10.46% -8.19% -7.98% -7.72% 0.20%
Return on Net Nonoperating Assets (RNNOA)		 -5.91% -6.63% -1.18% -6.67% -6.70% -4.77% -3.29% -2.80% -2.30% 0.04%
Return on Equity (ROE)		 -16.01% -19.70% -9.57% -16.15% -16.23% -12.46% -9.32% -8.64% -7.99% -0.04%
Cash Return on Invested Capital (CROIC)		 -4.75% -5.09% -4.60% -2.32% -1.28% -3.03% -2.28% 0.43% 3.24% 3.41%
Operating Return on Assets (OROA)		 -8.07% -9.64% -6.79% -7.78% -7.66% -5.86% -4.94% -4.64% -4.46% -0.84%
Return on Assets (ROA)		 -7.80% -9.15% -0.15% -7.28% -7.25% -5.46% -4.42% -4.09% -3.71% 0.05%
Return on Common Equity (ROCE)		 -16.01% -19.70% -9.57% -16.15% -16.23% -12.46% -9.32% -8.64% -7.99% -0.04%
Return on Equity Simple (ROE_SIMPLE)		 -23.69% 0.00% -19.57% -19.11% -18.08% 0.00% -16.93% -14.18% -11.47% 0.00%
Net Operating Profit after Tax (NOPAT)		 -19 -23 -15 -17 -16 -13 -9.93 -9.59 -8.96 -0.13
NOPAT Margin		 -13.10% -15.52% -9.70% -10.72% -10.47% -7.78% -6.00% -5.55% -5.12% -0.07%
Net Nonoperating Expense Percent (NNEP)		 4.24% 5.46% -6.16% 2.99% 2.98% 2.76% 2.15% 2.14% 2.03% -0.29%
Return On Investment Capital (ROIC_SIMPLE)		 - -2.09% - - - -1.34% - - - -0.01%
Cost of Revenue to Revenue		 53.81% 54.82% 52.10% 52.22% 52.16% 49.79% 50.30% 49.78% 49.12% 47.37%
SG&A Expenses to Revenue		 15.62% 16.17% 16.14% 17.55% 18.12% 18.68% 18.23% 18.09% 18.00% 16.38%
R&D to Revenue		 22.87% 23.23% 22.50% 22.06% 22.29% 21.14% 21.06% 20.68% 21.08% 19.52%
Operating Expenses to Revenue		 64.90% 67.35% 61.76% 63.09% 62.79% 61.32% 58.27% 58.15% 58.20% 53.49%
Earnings before Interest and Taxes (EBIT)		 -29 -34 -23 -25 -24 -19 -15 -15 -14 -2.75
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -6.91 -12 0.49 -1.13 0.02 5.30 8.58 9.95 10 21
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 4.29 3.69 3.24 4.07 4.28 5.68 6.63 7.54 9.71 11.74
Price to Tangible Book Value (P/TBV)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)		 3.35 2.73 2.43 3.00 3.10 4.08 4.84 5.53 7.12 8.73
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 3.02 2.73 2.50 3.09 3.26 4.43 5.27 6.26 8.47 10.91
Enterprise Value to Revenue (EV/Rev)		 3.84 3.14 2.80 3.35 3.42 4.34 5.07 5.71 7.24 8.79
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00 0.00 578.84 252.94 156.96 143.11 123.87
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 65.74 48.65 36.41 29.78 26.85 38.52 40.46 36.41 37.83 45.10
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1,402.76 248.41 306.29
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 1.55 1.60 1.11 1.11 1.11 1.09 1.06 1.02 0.99 0.95
Long-Term Debt to Equity		 1.53 1.57 1.11 1.11 1.11 1.09 1.06 1.02 0.99 0.58
Financial Leverage		 0.41 0.36 0.53 0.54 0.54 0.46 0.40 0.35 0.30 0.21
Leverage Ratio		 2.68 2.76 2.88 2.85 2.88 2.94 2.67 2.63 2.62 2.58
Compound Leverage Factor		 2.55 2.56 0.06 2.61 2.61 2.43 2.12 1.94 1.76 -1.82
Debt to Total Capital		 60.82% 61.48% 52.69% 52.58% 52.63% 52.24% 51.36% 50.56% 49.84% 48.75%
Short-Term Debt to Total Capital		 0.99% 1.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 18.84%
Long-Term Debt to Total Capital		 59.83% 60.47% 52.69% 52.58% 52.63% 52.24% 51.36% 50.56% 49.84% 29.91%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 39.18% 38.52% 47.31% 47.42% 47.37% 47.76% 48.64% 49.45% 50.16% 51.25%
Debt to EBITDA		 -70.76 -27.76 -22.11 -25.56 -40.07 104.84 38.45 20.61 14.39 9.96
Net Debt to EBITDA		 -28.56 -9.67 -9.72 -10.82 -16.12 34.73 11.61 4.90 2.41 0.88
Long-Term Debt to EBITDA		 -69.60 -27.30 -22.11 -25.56 -40.07 104.84 38.45 20.61 14.39 6.11
Debt to NOPAT		 -10.62 -9.12 -6.68 -6.69 -6.96 -8.14 -8.87 -10.16 -11.97 -16.65
Net Debt to NOPAT		 -4.29 -3.18 -2.94 -2.83 -2.80 -2.70 -2.68 -2.42 -2.00 -1.47
Long-Term Debt to NOPAT		 -10.45 -8.97 -6.68 -6.69 -6.96 -8.14 -8.87 -10.16 -11.97 -10.21
Altman Z-Score		 1.31 1.05 1.11 1.43 1.48 2.00 2.43 2.86 3.77 4.66
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - -
Current Ratio		 3.00 2.77 2.12 2.25 2.25 2.23 2.38 2.44 2.50 1.40
Quick Ratio		 2.70 2.50 1.76 1.89 1.90 1.92 2.04 2.14 2.21 1.23
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 9.98 16 27 41 46 28 31 41 52 49
Operating Cash Flow to CapEx		 65.05% 803.79% 54.99% 139.91% 224.30% 541.64% 181.20% 495.19% 530.61% 695.35%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.41 0.41 0.46 0.48 0.48 0.49 0.53 0.54 0.55 0.56
Accounts Receivable Turnover		 10.39 12.07 15.30 14.13 12.55 13.94 13.54 13.36 13.20 16.39
Inventory Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 8.74 9.18 10.05 10.79 11.72 12.76 14.02 15.62 17.09 19.16
Accounts Payable Turnover		 35.33 29.96 23.08 23.61 24.02 21.90 24.56 23.31 23.71 23.83
Days Sales Outstanding (DSO)		 35.14 30.23 23.85 25.82 29.08 26.19 26.96 27.31 27.66 22.27
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 10.33 12.18 15.81 15.46 15.19 16.67 14.86 15.66 15.39 15.32
Cash Conversion Cycle (CCC)		 24.81 18.05 8.04 10.37 13.89 9.52 12.10 11.66 12.26 6.95
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 700 652 654 649 638 611 613 598 577 561
Invested Capital Turnover		 0.77 0.84 0.87 0.88 0.91 0.99 1.01 1.05 1.11 1.19
Increase / (Decrease) in Invested Capital		 -29 -39 -42 -57 -62 -41 -41 -51 -61 -50
Enterprise Value (EV)		 2,115 1,779 1,637 2,005 2,083 2,708 3,230 3,743 4,891 6,123
Market Capitalization		 1,845 1,545 1,422 1,798 1,886 2,545 3,082 3,626 4,809 6,079
Book Value per Share		 $7.51 $7.29 $7.60 $7.58 $7.55 $7.65 $7.82 $8.00 $8.21 $8.57
Tangible Book Value per Share		 ($3.99) ($4.16) ($3.70) ($3.54) ($3.43) ($3.17) ($2.74) ($2.34) ($1.97) ($1.49)
Total Capital		 1,098 1,088 928 931 931 939 956 972 987 1,010
Total Debt		 668 669 489 489 490 490 491 491 492 492
Total Long-Term Debt		 657 658 489 489 490 490 491 491 492 302
Net Debt		 270 233 215 207 197 162 148 117 82 44
Capital Expenditures (CapEx)		 10 5.46 7.08 9.34 7.47 6.75 7.42 7.28 8.15 6.19
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -54 -86 -76 -72 -72 -92 -77 -84 -94 -99
Debt-free Net Working Capital (DFNWC)		 344 350 198 210 221 236 266 290 316 350
Net Working Capital (NWC)		 333 339 198 210 221 236 266 290 316 160
Net Nonoperating Expense (NNE)		 8.83 9.67 -14 7.05 6.95 5.47 3.91 3.47 2.84 -0.30
Net Nonoperating Obligations (NNO)		 270 233 215 207 197 162 148 117 82 44
Total Depreciation and Amortization (D&A)		 22 23 23 24 25 25 24 25 25 23
Debt-free, Cash-free Net Working Capital to Revenue		 -9.89% -15.15% -12.96% -12.02% -11.86% -14.66% -12.07% -12.87% -13.94% -14.18%
Debt-free Net Working Capital to Revenue		 62.42% 61.86% 33.91% 35.12% 36.22% 37.85% 41.73% 44.27% 46.71% 50.27%
Net Working Capital to Revenue		 60.45% 59.93% 33.91% 35.12% 36.22% 37.85% 41.73% 44.27% 46.71% 22.94%
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 ($0.48) ($0.57) ($0.01) ($0.41) ($0.40) ($0.30) ($0.23) ($0.22) ($0.20) $0.01
Adjusted Weighted Average Basic Shares Outstanding		 57.36M 57.30M 57.89M 58.29M 58.49M 58.35M 59.45M 60.16M 60.31M 60.11M
Adjusted Diluted Earnings per Share		 ($0.48) ($0.57) ($0.01) ($0.41) ($0.40) ($0.30) ($0.23) ($0.22) ($0.20) $0.01
Adjusted Weighted Average Diluted Shares Outstanding		 57.36M 57.30M 57.89M 58.29M 58.49M 58.35M 59.45M 60.16M 60.31M 60.11M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 57.52M 57.74M 58.20M 58.45M 58.64M 59.07M 60.10M 60.28M 60.40M 60.73M
Normalized Net Operating Profit after Tax (NOPAT)		 -15 -18 -13 -15 -14 -10 -9.14 -8.92 -6.77 0.58
Normalized NOPAT Margin		 -10.27% -11.95% -8.80% -9.67% -8.97% -6.31% -5.52% -5.16% -3.87% 0.32%
Pre Tax Income Margin		 -18.88% -21.62% -0.33% -14.98% -14.30% -9.88% -7.42% -6.35% -5.45% 1.06%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Frequently Asked Questions About Q2's Financials

When does Q2's financial year end?

According to the most recent income statement we have on file, Q2's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Q2's net income changed over the last 9 years?

Q2's net income appears to be on an upward trend, with a most recent value of -$38.54 million in 2024, rising from -$25.06 million in 2015. The previous period was -$65.38 million in 2023.

What is Q2's operating income?
Q2's total operating income in 2024 was -$42.26 million, based on the following breakdown:
  • Total Gross Profit: $354.48 million
  • Total Operating Expenses: $396.74 million
How has Q2 revenue changed over the last 9 years?

Over the last 9 years, Q2's total revenue changed from $108.87 million in 2015 to $696.46 million in 2024, a change of 539.7%.

How much debt does Q2 have?

Q2's total liabilities were at $777.00 million at the end of 2024, a 3.2% increase from 2023, and a 798.3% increase since 2015.

How much cash does Q2 have?

In the past 9 years, Q2's cash and equivalents has ranged from $54.87 million in 2016 to $407.70 million in 2020, and is currently $358.56 million as of their latest financial filing in 2024.

How has Q2's book value per share changed over the last 9 years?

Over the last 9 years, Q2's book value per share changed from 3.05 in 2015 to 8.57 in 2024, a change of 181.3%.

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This page (NYSE:QTWO) was last updated on 4/16/2025 by MarketBeat.com Staff
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