analyticsVertical SaaS
Data as of Q4 2025
Summary Verdict
QTWO: 3—ALRM: 2wins
Rule of 40
38.6QTWO
21.1ALRM
check_circleQTWO leads
Revenue Growth
14.1%QTWO
7.6%ALRM
check_circleQTWO leads
Gross Margin
54%QTWO
66%ALRM
check_circleALRM leads
FCF Margin
24.5%QTWO
13.6%ALRM
check_circleQTWO leads
Operating Margin
5.0%QTWO
13.2%ALRM
check_circleALRM leads
NRR
—QTWO
—ALRM
Metric
Rule of 40Efficiency score
QTWO
38.6check_circle
ALRM
21.1
Revenue GrowthYoY
QTWO
14.1%check_circle
ALRM
7.6%
Gross Margin% of revenue
QTWO
54%
ALRM
66%check_circle
FCF MarginFree cash flow
QTWO
24.5%check_circle
ALRM
13.6%
Operating MarginGAAP
QTWO
5.0%
ALRM
13.2%check_circle
NRRNet retention
QTWO
N/A
ALRM
N/A
EV / RevenueValuation multiple
QTWO
N/A
ALRM
N/A
Market CapUSD
QTWO
N/A
ALRM
N/A
ARR GrowthYoY
QTWO
N/A
ALRM
N/A
CAC PaybackMonths to recover
QTWO
N/A
ALRM
N/A
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insights
Analysis
As of Q4 2025, Q2 Holdings, Inc. trades at N/A EV/Revenue versus Alarm.com Holdings, Inc. at N/A. On the Rule of 40, Q2 Holdings, Inc. scores 38.6 compared to Alarm.com Holdings, Inc.'s 21.1, placing Q2 Holdings, Inc. ahead in operating efficiency. Gross margins stand at Q2 Holdings, Inc. 54% vs Alarm.com Holdings, Inc. 66%.
Sector Context
Both companies operate in the Vertical SaaS sector. The median columns above show where each company stands relative to their peers.