Superworth

Q2 profit margin QTWO

Gross, operating and net profit as a share of revenue over the last twelve months, from 2013.

Net margin, 12 months
10.9%
Operating margin, 12 months
10.0%
Net margin on a year earlier
+10.2 pts
Peer median
11.8%

Over the twelve months to Jun 30, 2026, Q2 kept 10.9% of its revenue as net profit, with an operating margin of 10.0% and a gross margin of 57.0%.

Five years earlier its net margin was −26.6%.

The median for 10 infrastructure software stocks of a similar size is 11.8%.

Profit margin over time

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY20256.5%5.0%54.1%
FY2024−5.5%−6.1%50.9%
FY2023−10.5%−13.8%48.5%
FY2022−19.3%−18.5%45.3%
FY2021−22.6%−15.6%45.1%
FY2020−34.2%−24.8%43.4%
FY2019−22.5%−21.2%48.5%
FY2018−14.7%−13.2%49.5%
FY2017−13.5%−13.9%48.7%
FY2016−24.2%−23.8%48.5%
FY2015−23.0%−22.8%45.7%
FY2014−24.8%−24.1%41.8%
FY2013−31.4%−30.1%36.2%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY2610.9%+10.2 pts10.0%
Q1 FY269.0%+11.8 pts8.0%
Q4 FY256.5%+12.1 pts5.0%
Q3 FY254.1%+12.5 pts2.8%
Q2 FY250.7%+11.1 pts−0.3%
Q1 FY25−2.8%+9.6 pts−3.6%
Q4 FY24−5.5%+4.9 pts−6.1%
Q3 FY24−8.4%+4.7 pts−8.7%
Q2 FY24−10.4%+3.7 pts−10.5%
Q1 FY24−12.4%+2.3 pts−12.4%
Q4 FY23−10.5%+8.8 pts−13.8%
Q3 FY23−13.1%+5.4 pts−16.5%

Against its peers

Companies in Software - Infrastructure nearest Q2's size, closest first, today.

CompanyProfit margin
QTWOQ210.9%
CCCCCC Intelligent Solutions3.8%
FRSHFreshworks20.5%
WKWorkiva4.9%
BBBLACKBERRY13.1%
PSNParsons2.5%
AVPTAvePoint15.3%
AGYSAgilysys13.0%
WAYWaystar11.2%
SPSCSPS Commerce10.1%
ACIWACI Worldwide12.4%
Peer median11.8%

Where Q2 ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Q2

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.