Matthew Flake: Thanks, Josh. I'll start today's call by sharing our third quarter results and highlights from across the business. I'll then hand it over to Jonathan to walk through our financial performance and guidance. In the third quarter, we delivered strong financial results with revenue and adjusted EBITDA, both above our guidance. We generated revenue of $202 million, representing 15% year-over-year growth and adjusted EBITDA of $49 million or a 24.2% margin. We also generated free cash flow of $37 ...

Matthew Flake: Thanks, Josh, and good afternoon, everyone. Thank you for joining us today. I will start by walking through our fourth quarter results and highlights, then step back and recap full year 2025 performance before sharing the key themes that define our strategy as we enter 2026. I will then hand the call over to Jonathan who will cover our financial performance, provide guidance for 2026, and share our new financial framework. Starting with the fourth quarter, we delivered a strong finish to the ...

Financial Data and Key Metrics Changes - In Q4 2025, the company achieved total revenue of $208.2 million, a 14% year-over-year increase and a 3% sequential increase, primarily driven by subscription-based revenues [24] - Full year revenue reached $794.8 million, also up 14% from the previous year, marking the highest annual growth rate since 2021 [25] - Subscription revenue for the full year grew by 17%, accounting for 82% of total revenue, while total annualized recurring revenue (ARR) increased to $921 million, up 12% year-over-year [25][26] - Adjusted EBITDA for Q4 was a record $51.2 million, up 36% from the prior year, with full year adjusted EBITDA at $186.5 million, a 49% increase [31] Business Line Data and Key Metrics Changes - The Digital Banking Platform was a significant contributor to bookings success, with strong performance across banks and credit unions [10] - The risk and fraud solutions emerged as one of the fastest-growing product lines, highlighted by the largest fraud deal in company history with a $200 billion bank [11] - The company processed over $4 trillion in transaction volume in 2025, representing a 21% year-over-year growth [13] Market Data and Key Metrics Changes - The company reported a trailing 12-month total net revenue retention rate of 113%, up from 109% in 2024, indicating strong customer retention [27] - The revenue churn rate for 2025 was 5.2%, an increase from 4.4% in 2024, attributed to higher M&A activity [27][28] Company Strategy and Development Direction - The company aims to leverage its single-platform approach to enhance deposit growth and retention, positioning itself as a key player in the digital banking space [12] - The focus on AI is seen as a critical enabler for long-term strategy, with plans to integrate AI capabilities into existing products and develop new ones [20][22] - The company is targeting annual subscription revenue growth of approximately 12.5%-13% for 2027, with long-term profitability targets set for gross margins of at least 65% and adjusted EBITDA margins of at least 35% by 2030 [35][36] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong demand environment, citing improving credit quality and stable margins as supportive factors for growth entering 2026 [23] - The company anticipates that Tier One and enterprise activity will be weighted toward the back half of 2026, with a healthy pipeline of both net new and expansion opportunities [23][39] Other Important Information - The company ended 2025 with a cash balance of $433 million, down from $569 million, due to the retirement of convertible notes and stock repurchases [31] - The company generated free cash flow of $173 million for the year, representing a 93% conversion rate of adjusted EBITDA [32] Q&A Session Summary Question: Demand for solutions during core modernization - Management indicated that any decision by a financial institution to change technology, particularly core systems, opens up opportunities for the company, although quantifying this is challenging [41][42] Question: Visibility into subscription growth - Management expressed confidence in the subscription growth outlook, attributing it to strong bookings in the first half of 2026, which could drive upside for 2027 [44][45] Question: Cross-sell opportunities for fraud products - Management noted that only 10% of Tier One customers utilize all three product lines, indicating significant room for expansion, particularly in fraud solutions [51][52] Question: Balancing cash for share repurchases versus M&A - Management emphasized the flexibility provided by strong free cash flow, allowing for thoughtful capital allocation between share repurchases and potential M&A opportunities [53][54] Question: Digital banking market dynamics - Management described the demand for digital banking solutions as strong, with significant opportunities for growth as many banks still rely on legacy systems [60][61] Question: Time-to-revenue for risk and fraud products - Management indicated that standalone fraud solutions typically have faster implementation timelines compared to traditional digital banking solutions [62][63] Question: Demand trends for commercial solutions - Management highlighted that demand for commercial banking solutions has increased due to the importance of deposits, with expectations for continued strong demand [70][71] Question: Long-term margin targets - Management explained that the long-term margin targets are based on a combination of subscription revenue mix, cost efficiencies, and operational leverage [75][76]

Q2 (NYSE:QTWO) Q4 2025 Earnings call February 11, 2026 05:00 PM ET Company ParticipantsAlex Sklar - Raymond JamesAndrew Schmidt - Managing DirectorJonathan Price - CFOJosh Yankovich - Head of Investor RelationsMatt Flake - CEOMatt VanVliet - Managing DirectorMatthew Inglis - Assistant VPMatthew Kikkert - Equity Research AssociateMike Infante - VP of Equity ResearchTerry Tillman - Managing DirectorConference Call ParticipantsCharles Nabhan - Managing Director and Research AnalystChris Kennedy - Research Anal ...

Q2 (NYSE:QTWO) Q4 2025 Earnings call February 11, 2026 05:00 PM ET Speaker3Good afternoon. My name is Kevin, and I will be your conference operator today. At this time, I would like to welcome everyone to the Q2 Holdings fourth quarter and full year 2025 financial results conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. If you would like to ask a question, please raise your hand. If you have dialed ...

February 11, 2026 Q2 02 Safe Harbor Statement 4th Quarter & Full-Year 2025 Results This presentation and the accompanying oral presentation contain forward-looking statements and information that are based on our management's beliefs and assumptions and our manacement. The satements and information cortained in this presentation that are not purel historical are corward-looking statements within the meaning of the Private Section 21A di the Seourities Act of 1933, as amerched, and Section 21E of the Securit ...

Q2 Q2 Holdings, Inc. Investor Presentation February 2026 Ω2 Safe Harbor Statement This presentation and the accompanying oral presentation contain forward-looking statements and information that are based on our management's beliefs and assumptions and our manacement. The satements and information cortained in this presentation that are not purel historical are corward-looking statements within the meaning of the Private Section 21A di the Seourities Act of 1933, as amerched, and Section 21E of the Securiti ...

Financial Performance - The company's customer base has grown significantly, reaching 127 million in Q3'25[17] - The average revenue per active customer (ARPAC) has increased to $13 in Q3'25[19] - Gross profit reached $1815 million in Q3'25[24] - The company reported a net income of $783 million in Q3'25[26] - The efficiency ratio is 28% in Q3'25[26] Portfolio and Deposits - The total loan portfolio reached $304 billion in Q3'25, with a YoY growth of 42%[58] - Total originations reached $42 billion in Q3'25, with a YoY growth of 40%[63] - Deposits reached $388 billion in Q3'25, with a YoY growth of 34%[65] Brazil vs Mexico - Brazil has 1101 million total customers, representing 61% of the adult population, with an ARPAC of $135[45] - Mexico has 131 million total customers, representing 14% of the adult population, with an ARPAC of $125[45]

November 5, 2025 3 rd Quarter 2025 Results Safe Harbor Statement This presentation and the accompanying oral presentation contain forward -looking statements and information that are based on our management's beliefs and assumptions and on information currently available to our management . The statements and information contained in this presentation that are not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the S ...

Core Insights - Alkami Technology, Inc. has formed a strategic partnership with Hanscom Federal Credit Union (HFCU) to launch a gamified mobile banking experience aimed at enhancing financial wellness for its members [1][2][3] - The new mobile app will feature personalized tools, goal-setting capabilities, and interactive rewards, moving beyond traditional banking services [2][3] - This collaboration emphasizes HFCU's commitment to innovation and member-centric design, setting a new standard for digital financial wellness in the credit union sector [3][4] Company Overview - Alkami Technology provides a digital sales and service platform for U.S. banks and credit unions, integrating onboarding, digital banking, and data and marketing solutions [4] - The company has been recognized by J.D. Power for providing an outstanding mobile banking platform experience in 2024 and 2025 [4][7] Hanscom Federal Credit Union Profile - HFCU is a purpose-driven organization based in Littleton, MA, serving over 100,000 members with a focus on financial wellness [5] - The credit union operates 16 branches and offers access to more than 100,000 surcharge-free ATMs and 5,000 service centers, holding $1.9 billion in assets [5]