Q2 Holdings, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|
| Revenue | $194.0M | $150.2M | $108.9M | $79.1M | $56.9M | $41.1M |
| Cost of Revenue | $99.5M | $77.4M | $59.1M | $46.1M | $36.3M | $25.2M |
| Gross Profit | $94.5M | $72.8M | $49.7M | $33.1M | $20.6M | $15.9M |
| Gross Margin | 48.7% | 48.5% | 45.7% | 41.8% | 36.2% | 38.8% |
| Operating Expenses | ||||||
| Research & Development | $40.3M | $32.5M | $21.5M | $12.1M | $9.0M | $5.3M |
| SG&A Expense | $37.2M | $32.0M | $23.0M | $17.0M | $11.7M | $8.8M |
| Operating Income | $-26.9M | $-35.7M | $-24.8M | $-19.1M | $-17.1M | $-7.1M |
| Operating Margin | -13.9% | -23.8% | -22.8% | -24.1% | -30.1% | -17.3% |
| Interest Expense | — | — | — | — | — | — |
| Pretax Income | $-26.5M | $-35.9M | $-24.8M | $-19.6M | $-17.6M | $-7.4M |
| Income Tax Expense | $-314.0K | $427.0K | $220.0K | $71.0K | $55.0K | $164.0K |
| Net Income | $-26.2M | $-36.4M | $-25.1M | $-19.6M | $-17.9M | $-8.8M |
| Net Margin | -13.5% | -24.2% | -23.0% | -24.8% | -31.4% | -21.4% |
| EPS (Basic) | $-0.63 | $-0.92 | $-0.67 | $-0.67 | $-1.51 | $-0.77 |
| EPS (Diluted) | $-0.63 | $-0.92 | $-0.67 | $-0.67 | $-1.51 | $-0.77 |
| Shares Outstanding (Basic) | 42.0M | 40.4M | 38.9M | 34.7M | 8.3M | — |
| Shares Outstanding (Diluted) | 42.0M | 40.4M | 38.9M | 34.7M | 8.3M | — |
| Dividends Per Share | — | — | — | — | — | — |