Bandwidth vs Q2 Holdings
Bandwidth and Q2 Holdings are similar in size: $754m and $795m of revenue in their latest fiscal years. Q2 Holdings grew faster (14.1% against 0.7%). Q2 Holdings kept more of each dollar of sales as profit: a net margin of 6.5% against -1.7%.
| Latest fiscal year | BandwidthBAND, 2025 | Q2 HoldingsQTWO, 2025 |
|---|---|---|
| Revenue | $754m | $795m |
| Revenue growth | 0.7% | 14.1% |
| Net income | −$12.9m | $52.0m |
| Operating margin | — | 5.0% |
| Net margin | -1.7% | 6.5% |
| Return on equity | -3.6% | 8.8% |
| Free cash flow | $67.2m | $195m |
| Cash | $103m | $368m |
| Total debt | $255m | $303m |
| Debt to equity | — | 45.8% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $5.0m |
| Employees | 1,100 | 2,549 |
| Market value | $1.73bn | $4.45bn |
| Price vs our value range | Above our value range | Above our value range |
| Moat score | 34 (Weak) | 25 (Weak) |
| Insider trades, 12 months | 0 buys, 117 sales | 0 buys, 0 sales |