Q2 Holdings (FRA:0Q2) Research & Development: €136.1 Mil (TTM As of Mar. 2026)


FRA:0Q2 Q2 Holdings Inc FRA:0Q2
57 GF Score
Price €37.67
GF Value €62.60
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Q2 Holdings Research & Development?

Q2 Holdings FRA:0Q2 -2.91% 57 Research & Development is €136.1 Mil as of Mar. 2026. GuruFocus rates FRA:0Q2 with a GF Score™ of 57/100 and a GF Value™ of €62.60 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Q2 Holdings's Research & Development for the three months ended in Mar. 2026 was €36.2 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was €136.1 Mil.

Q2 Holdings  (FRA:0Q2) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Q2 Holdings Research & Development Related Terms

Q2 Holdings Research & Development Historical Data

* Premium members only.

The historical data trend for Q2 Holdings's Research & Development 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.

Q2 Holdings Research & Development Chart

Q2 Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 103.50 122.82 125.94 136.80 131.80

Q2 Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development 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 35.01 32.00 33.17 34.70 36.23
FRA:0Q2
57GF Score
Q2 Holdings Inc FRA:0Q2
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Q2 Holdings Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €136.1 Mil.

* 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of €136.1 Mil mean?
Q2 Holdings (FRA:0Q2) has a Research & Development of €136.1 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Q2 Holdings and its competitors.
Is Q2 Holdings' Research & Development too high?
Q2 Holdings' current Research & Development is €136.1 Mil. Overall, Q2 Holdings has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Q2 Holdings' Research & Development compare to ADEA and BRZE?
Q2 Holdings' Research & Development of €136.1 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Software company?
A good Research & Development depends on the Software industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Q2 Holdings and its competitors. Q2 Holdings's current Research & Development is €136.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Q2 Holdings stock overvalued right now?
Based on GuruFocus' analysis, Q2 Holdings (FRA:0Q2) is currently considered Significantly Undervalued. The stock's GF Value™ is €62.60, compared to a current price of €37.67 — trading 39.8% below its estimated fair value. The current Research & Development is €136.1 Mil. Q2 Holdings' overall GF Score™ is 57/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Q2 Holdings (FRA:0Q2), the current Research & Development is €136.1 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Q2 Holdings (FRA:0Q2) Overvalued in 2026?

Based on GuruFocus' analysis, Q2 Holdings stock appears to be undervalued. The current stock price of €37.67 is trading 39.8% below its estimated GF Value™ of €62.60. GuruFocus considers Q2 Holdings to be Significantly Undervalued.

Key valuation signals for FRA:0Q2:

  • Research & Development: €136.1 Mil
  • GF Value™: €62.60 vs. price of €37.67 (39.8% below fair value)
  • GF Score™: 57/100 with 5 warning signs

No single metric tells the full story. See the FRA:0Q2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Q2 Holdings Business Description

Other Exchanges QTWO:USAQTWO:Mexico
Address 10355 Pecan Park Boulevard, Austin, TX, USA, 78729
Q2 Holdings Inc provides digital solutions to financial institutions, financial technology companies, and alternative finance companies, seeking to incorporate banking into their customer engagement and servicing strategies. The company helps its clients with supervisory, consumer protection, privacy, third-party risk management requirements, and cyber threats and fraud, among other applications, by offering a portfolio of digital solutions, which comprises its digital banking offerings, digital lending and relationship pricing solutions, risk and fraud solutions, as well as Q2 Innovation Studio and Helix. Q2 derives the majority of its revenue from subscription fees for the use of its hosted solutions.
57GF Score

Get the complete analysis for FRA:0Q2

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€37.67
Price
€62.60
GF Value