GURUFOCUS.COM » STOCK LIST » Technology » Software » Q2 Holdings Inc (NYSE:QTWO) » Definitions » Intangible Assets

Q2 Holdings (Q2 Holdings) Intangible Assets : $628.1 Mil (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Q2 Holdings Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Q2 Holdings's intangible assets for the quarter that ended in Mar. 2024 was $628.1 Mil.


Q2 Holdings Intangible Assets Historical Data

The historical data trend for Q2 Holdings's Intangible Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Q2 Holdings Intangible Assets Chart

Q2 Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 685.88 647.13 675.33 658.55 634.44

Q2 Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Intangible Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 652.84 647.56 641.22 634.44 628.12

Q2 Holdings Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.


Q2 Holdings  (NYSE:QTWO) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.


Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.


Q2 Holdings Intangible Assets Related Terms

Thank you for viewing the detailed overview of Q2 Holdings's Intangible Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Q2 Holdings (Q2 Holdings) Business Description

Traded in Other Exchanges
Address
10355 Pecan Park Boulevard, Austin, TX, USA, 78729
Q2 Holdings Inc. is a provider of cloud-based virtual banking solutions for regional financial institutions to deliver mobile banking services to retail and commercial end-users who wish to bank anywhere and anytime. Its solutions operate on an integrated tablet-first platform which provides financial institutions a comprehensive view of account holder activity and meets the regulatory and security requirements applicable to the industry. The firm generates revenue from subscription-based arrangements for software offerings, typically for five years. A large majority of the firm's revenue is generated in the United States.
Executives
John E Breeden officer: EVP, Operations 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Kirk L Coleman officer: Chief Banking Officer 10355 PECAN PARK BLVD, AUSITN TX 78729
Kim Rutledge officer: SVP, Human Resources 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
James Offerdahl director 11501 DOMAIN DRIVE, SUITE 200, AUSTIN TX 78758
Michael A. Volanoski officer: Chief Revenue Officer 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
David J Mehok officer: Chief Financial Officer 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
R. H. Seale director, 10 percent owner, officer: Chairman 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Michael S Kerr officer: SVP, General Counsel 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Jonathan Price officer: SVP, Corp and Business Dev 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Matthew P Flake director, officer: President and CEO 10355 PECAN PARK BOULEVARD CONTACT STREE, AUSTIN TX 78729
Barry G Benton officer: SVP, General Counsel 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Lynn Antipas Tyson director 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Rebecca Lynn Atchison director 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Adam D Anderson officer: EVP, Chief Technology Officer 13785 RESEARCH BLVD., SUITE 150, AUSTIN TX 78750
Bharath Oruganti officer: SVP, Service Delivery C/O SHORETEL, INC., 960 STEWART DRIVE, SUNNYVALE CA 94085