<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:ns2="http://www.sec.gov/edgar/common">
    <headerData>
        <submissionType>144</submissionType>
        <filerInfo>
            <filer>
                <filerCredentials>
                    <cik>0001938943</cik>
                    <ccc>XXXXXXXX</ccc>
                </filerCredentials>
            </filer>
            <liveTestFlag>LIVE</liveTestFlag>



        </filerInfo>
    </headerData>
    <formData>
        <issuerInfo>
            <issuerCik>0001410384</issuerCik>
            <issuerName>Q2 HOLDINGS INC</issuerName>
            <secFileNumber>001-36350</secFileNumber>
            <issuerAddress>
                <ns2:street1>10355 Pecan Park Blvd</ns2:street1>
                <ns2:city>Austin</ns2:city>
                <ns2:stateOrCountry>TX</ns2:stateOrCountry>
                <ns2:zipCode>78729</ns2:zipCode>
            </issuerAddress>
            <issuerContactPhone>8334443469</issuerContactPhone>
            <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>MICHAEL SCOTT KERR</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
            <relationshipsToIssuer>
                <relationshipToIssuer>Officer</relationshipToIssuer>
            </relationshipsToIssuer>
        </issuerInfo>
        <securitiesInformation>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <brokerOrMarketmakerDetails>
                <name>Morgan Stanley Smith Barney LLC Executive Financial Services</name>
                <address>
                    <ns2:street1>1 New York Plaza</ns2:street1>
                    <ns2:street2>8th Floor</ns2:street2>
                    <ns2:city>New York</ns2:city>
                    <ns2:stateOrCountry>NY</ns2:stateOrCountry>
                    <ns2:zipCode>10004</ns2:zipCode>
                </address>
            </brokerOrMarketmakerDetails>
            <noOfUnitsSold>605</noOfUnitsSold>
            <aggregateMarketValue>51836.40</aggregateMarketValue>
            <noOfUnitsOutstanding>62303843</noOfUnitsOutstanding>
            <approxSaleDate>06/16/2025</approxSaleDate>
            <securitiesExchangeName>NYSE</securitiesExchangeName>
        </securitiesInformation>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>05/13/2025</acquiredDate>
            <natureOfAcquisitionTransaction>Restricted Stock Units</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>605</amountOfSecuritiesAcquired>
            <paymentDate>05/13/2025</paymentDate>
            <natureOfPayment>N/A</natureOfPayment>
        </securitiesToBeSold>
        <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>MICHAEL KERR</name>
                <address>
                    <ns2:street1>10355 Pecan Park Blvd</ns2:street1>
                    <ns2:city>Austin</ns2:city>
                    <ns2:stateOrCountry>TX</ns2:stateOrCountry>
                    <ns2:zipCode>78729</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>05/14/2025</saleDate>
            <amountOfSecuritiesSold>397</amountOfSecuritiesSold>
            <grossProceeds>36881.30</grossProceeds>
        </securitiesSoldInPast3Months>
        <noticeSignature>
            <noticeDate>06/16/2025</noticeDate>
            <planAdoptionDates>
                <planAdoptionDate>03/17/2025</planAdoptionDate>
            </planAdoptionDates>
            <signature>/s/ Michael Scott Kerr</signature>
        </noticeSignature>
    </formData>
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144
0001938943
XXXXXXXX
LIVE
0001410384
Q2 HOLDINGS INC
001-36350
10355 Pecan Park Blvd
Austin
TX
78729
8334443469
MICHAEL SCOTT KERR
Officer
Common
Morgan Stanley Smith Barney LLC Executive Financial Services
1 New York Plaza
8th Floor
New York
NY
10004
605
51836.40
62303843
06/16/2025
NYSE
Common
05/13/2025
Restricted Stock Units
Issuer
N
605
05/13/2025
N/A
N
MICHAEL KERR
10355 Pecan Park Blvd
Austin
TX
78729
Common
05/14/2025
397
36881.30
06/16/2025
03/17/2025
/s/ Michael Scott Kerr