Sifting through countless of stocks in the Software industry can be tedious, and sometimes two stocks are just too similar to judge which is the better investment. If you’re on the fence about investing in Q2 Holdings, Inc. or Hut 8 Corp. because you’re not sure how they measure up, it’s important to compare them on a few factors before making your decision.

Read on to learn how Q2 Holdings, Inc. and Hut 8 Corp. compare based on key financial metrics to determine which better meets your investment needs.

About Q2 Holdings, Inc. and Hut 8 Corp.

Q2 Holdings, Inc. provides digital solutions to financial institutions, financial technology companies, FinTechs, and alternative finance companies (Alt-FIs) in the United States. The company offers Digital Banking Platform, an end-to-end digital banking platform that supports its financial institution customers in their delivery of retail, SMB, and commercial functionalities across digital channels; and risk and fraud solutions that are designed to support financial institutions' efforts to protect end users, comply with regulatory requirements and manage fraud risk efficiently. It also provides Q2 Innovation Studio, an application program interface and software development kit based open technology platform that allows financial institution customers, FinTechs, and other partners to deploy customized experiences and financial services to end users; and Helix, a cloud-native, real-time core processing platform that combines the services and functionality for companies and financial institutions. In addition, the company offers digital lending and relationship pricing solutions that support financial institutions, FinTechs and Alt-FIs in managing lending workflows, pricing strategies and customer relationships across commercial and consumer use cases, as well as offers loans, deposits and fee-based products. The company was formerly known as CBG Holdings, Inc. and changed its name to Q2 Holdings, Inc. in March 2013. Q2 Holdings, Inc. was founded in 2004 and is headquartered in Austin, Texas.

Hut 8 Corp. operates as a vertically integrated operator of energy infrastructure and Bitcoin miners in North America. The company operates through four segments: Power, Digital Infrastructure, Compute, and Other. It also offers managed services for energy infrastructure development, such as site design, procurement, and construction management; software automation, process design, personnel hiring, and team training; utilities contracts, hosting operations, and customer management; energy portfolio optimization and strategic initiatives; and finance, accounting, and safety services, as well as engages in the Bitcoin mining business. In addition, the company provides colocation and data center cloud services; hosting services, which include the provision of mining equipment, as well as monitors, troubleshoots, repairs, and maintains related equipment; and equipment sales and repair services. Hut 8 Corp. was founded in 2017 and is based in Miami, Florida.

Latest Software and Q2 Holdings, Inc., Hut 8 Corp. Stock News

As of February 25, 2026, Q2 Holdings, Inc. had a $2.9 billion market capitalization, compared to the Software median of $872.0 million. Q2 Holdings, Inc.’s stock is down 32.7% in 2026, down 6.1% in the previous five trading days and down 44.97% in the past year.

Currently, Q2 Holdings, Inc.’s price-earnings ratio is 59.0. Q2 Holdings, Inc.’s trailing 12-month revenue is $794.8 million with a 6.5% net profit margin. Year-over-year quarterly sales growth most recently was 13.8%. Analysts expect adjusted earnings to reach $2.934 per share for the current fiscal year. Q2 Holdings, Inc. does not currently pay a dividend.

As of February 25, 2026, Hut 8 Corp. had a $6.0 billion market cap, putting it in the 70th percentile of all stocks. Hut 8 Corp.’s stock is up 21.8% in 2026, up 2% in the previous five trading days and up 233.13% in the past year.

Currently, Hut 8 Corp. does not have a price-earnings ratio. Hut 8 Corp.’s trailing 12-month revenue is $235.1 million with a -96.2% net profit margin. Year-over-year quarterly sales growth most recently was 179.2%. Analysts expect adjusted earnings to reach $0.110 per share for the current fiscal year. Hut 8 Corp. does not currently pay a dividend.

How We Compare Q2 Holdings, Inc. and Hut 8 Corp. Stock Grades

Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movements. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors streamline and work through such data.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings estimate revisions and quality. Here, we’ll take a closer look at Q2 Holdings, Inc. and Hut 8 Corp.’s stock grades to see how they measure up against one another.

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Q2 Holdings, Inc. and Hut 8 Corp.’s Quality Grades

Company	Ticker	Quality
Q2 Holdings, Inc.	QTWO	A
Hut 8 Corp.	HUT	F

Like the Value Grade, AAII’s A+ Investor Quality Grade comes from the percentile rank of key metrics. Specifically, the Quality Score is the percentile rank of the average of the percentile ranks of return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and the F-Score.

The score is variable, meaning it can consider all eight measures or, should any of the eight measures not be valid, the remaining measures that are valid. To be assigned a Quality Score, stocks must have a valid (non-null) measure and corresponding ranking for at least four of the eight quality measures.

The Quality Score is used to assess the underlying “quality” of a particular stock. A higher-quality stock possesses traits associated with upside potential and reduced downside risk. Backtesting of the Quality Grade shows that stocks with higher grades, on average, outperformed stocks with lower grades over the period of 1998 through 2019.

Stocks receive better grades (higher scores) for having higher scores for the quality subcomponents and worse grades (lower scores) for lower scores for the subcomponents.

Q2 Holdings, Inc. has a Quality Score of 91, which is Very Strong. Hut 8 Corp. has a Quality Score of 6, which is Very Weak.

The Quality Grade Winner: Q2 Holdings, Inc.

As you can clearly see from the Quality Grade breakdown above, Q2 Holdings, Inc. has a better overall quality grade than Hut 8 Corp.. For investors who are looking for companies with higher quality than others in the same industry, Q2 Holdings, Inc. could be a good stock to add to their portfolios. However, it’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Q2 Holdings, Inc. and Hut 8 Corp.’s Momentum Grades

Company	Ticker	Momentum
Q2 Holdings, Inc.	QTWO	F
Hut 8 Corp.	HUT	A

Momentum grades help to uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming. Momentum is based on the price change of a stock over a specified period relative to all other stocks.

Typically, AAII looks at the weighted relative strength over the trailing four quarters. The weighted four-quarter relative strength rank is the relative price change for each of the past four quarters. The most recent quarterly price change is given a weight of 40% and each of the three previous quarters are given a weighting of 20%.

Q2 Holdings, Inc. has a Momentum Score of 10, which is Very Weak. Hut 8 Corp. has a Momentum Score of 95, which is Very Strong.

The Momentum Grade Winner: Hut 8 Corp.

As you can clearly see from the Momentum Grade breakdown above, Hut 8 Corp. is considered to have stronger momentum compared to Q2 Holdings, Inc.. For those specifically looking for companies that have stronger momentum compared to other companies in the same industry, Hut 8 Corp. could be a good stock to invest in. However, it’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Q2 Holdings, Inc. and Hut 8 Corp.’s Estimate Revisions Grades

Company	Ticker	Earnings Estimate
Q2 Holdings, Inc.	QTWO	B
Hut 8 Corp.	HUT	C

Earnings estimate revisions scores consider the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, positive surprises beget further positive surprises‐or at least continued sales growth (the exact opposite is generally true, too).

Estimate revisions offer an indication of what analysts are thinking about the short-term prospects of a firm. Estimate revisions are based on the statistical significance of a firm’s last two quarterly earnings surprises and the percentage change in its consensus estimate for the current fiscal year over the past month and past three months.

Q2 Holdings, Inc. has a Earnings Estimate Score of 78, which is Positive. Hut 8 Corp. has a Earnings Estimate Score of 58, which is Neutral.

The Earnings Estimate Revisions Grade Winner: Q2 Holdings, Inc.

As you can clearly see from the Earnings Estimate Revisions Grade breakdown above, Q2 Holdings, Inc. has a better Earnings Estimate Revisions Grade than Hut 8 Corp.. For those who are specifically looking for companies with better short-term prospects when compared to other companies in the same industry, Q2 Holdings, Inc. could be a good stock to invest in. However, it’s important to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Other Q2 Holdings, Inc. and Hut 8 Corp. Grades

In addition to Estimate Revisions, Momentum and Quality, A+ Investor also provides grades for Value and Growth.

Growth investing builds on the idea that stocks of companies exhibiting strong, consistent and prolonged growth outperform those of slower-growth companies. AAII measures growth through consistency of annual sales growth, five-year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations.

Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection. Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.

These 2 key factors, when combined with the above, provide a holistic view into a particular stock. Further, by joining A+ Investor you can see whether Q2 Holdings, Inc. and Hut 8 Corp. pass any of our 60+ stock screens that have outperformed the market since their creation.

So, Which Is the Better Investment, Q2 Holdings, Inc. or Hut 8 Corp. Stock?

Overall, Q2 Holdings, Inc. stock has a Momentum Score of 10, Estimate Revisions Score of 78 and Quality Score of 91.

Hut 8 Corp. stock has a Momentum Score of 95, Estimate Revisions Score of 58 and Quality Score of 6.

Comparing Q2 Holdings, Inc. and Hut 8 Corp.’s grades, scores and metrics can act as a solid basis to determine whether they may be a good investment or not. You’ll also want to look at your portfolio’s asset allocation as well as your risk tolerance and financial goals to see if either of these stocks would make a good fit for you. AAII can help you figure out which investments align with your individual needs and preferences.

Investors are encouraged to do their own due diligence and research. In this way, individuals can effectively become managers of their own assets‐without having to rely on others for financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis.

A+ Investor adds to our qualitative teaching with a powerful data suite to help you whittle down investment choices to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith, and we accept no liability for any errors or omissions. The full disclaimer can be read here.