Q2 Holdings Gross Margin 2012-2024 | QTWO
- Q2 Holdings average gross margin for 2023 was 47.01%, a 4.49% increase from 2022.
- Q2 Holdings average gross margin for 2022 was 44.99%, a 1.9% increase from 2021.
- Q2 Holdings average gross margin for 2021 was 44.15%, a 2.37% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.