Q2 Holdings

I'll research Q2 Holdings to verify its profile.

Let me check the plaintiff's NPE status and the case context.

Company overview. Q2 Holdings, Inc. (NYSE: QTWO) is a publicly traded software company headquartered at 10355 Pecan Park Boulevard, Austin, Texas. It was founded in Austin in 2004 by R.H. "Hank" Seale III and IPO'd on the NYSE in 2014; corporate filings list incorporation in 2004–2005. It is an independent public company (no parent) with no disclosed controlling shareholder. FY2025 revenue was $794.8 million, up 14% year over year, with market capitalization of roughly $3.5–3.6 billion as of early 2026. Third-party finance data cites roughly 2,500 employees; that figure was not confirmed in the SEC filings reviewed here.

Products / services. Q2 is a digital-banking software vendor, not a patent holder or licensing entity. Its cloud platform serves banks, credit unions, alternative finance companies, and fintechs, covering retail, small-business, and corporate digital banking; digital lending; risk and fraud tools; relationship pricing (PrecisionLender); the Q2 Innovation Studio API/SDK marketplace for fintech partners; and Helix, a cloud-native core and banking-as-a-service offering. Subscription revenue is about 82% of the total, with total annual recurring revenue near $921 million and remaining performance obligations of ~$2.7 billion at year-end 2025. Customers include over 1,200 financial institutions.

Patent-litigation posture. Q2 is an operating company defending against patent assertion; the tracked data show one case, in which it is the defendant and zero in which it is plaintiff. That single-defendant profile is consistent with a large software vendor targeted by an external licensing campaign rather than a two-way litigant.

Notable case. Plano Encryption Technologies, LLC v. Q2 Holdings, Inc. et al, No. 2:16-cv-00791 (E.D. Tex.), filed July 18, 2016, before Judge Rodney Gilstrap, and closed September 27, 2016 (about 72 days). Plaintiff Plano Encryption is characterized in Stanford's NPE database and by RPX/Unified Patents as a non-practicing entity — a Texas LLC subsidiary of Koba Holdings, LLC, with attorney Bradley D. Liddle as its sole officer — asserting acquired U.S. Patents 5,991,399 and 5,974,550, originally issued to Intel and directed to encryption and process-authentication methods. The Eastern District of Texas was PET's central venue in a campaign aimed at mobile- and online-banking software providers, including FIS, Jack Henry, and Alkami.