Qnity Electronics, Inc. (Q)

Q Financials

Q Quarterly Income Statement (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	06/30/2024	03/31/2024
Revenue	4.951B	1.315B	1.190B	1.276B	1.170B	1.118B	1.103B	983.000M
Cost of Goods Sold	2.873B	749.000M	692.000M	752.000M	680.000M	642.000M	597.000M	547.000M
Gross Profit	2.078B	566.000M	498.000M	524.000M	490.000M	476.000M	506.000M	436.000M
Gross Profit Margin	43.0%	43.0%	41.8%	41.1%	41.9%	42.6%	45.9%	44.4%
Total Operating Expenses	1.017B	267.000M	257.000M	251.000M	242.000M	224.000M	306.000M	268.000M
Research & Development	364.000M	94.000M	90.000M	92.000M	88.000M	84.000M	77.000M	72.000M
Selling, General & Administrative	653.000M	173.000M	167.000M	159.000M	154.000M	140.000M	169.000M	136.000M
Operating Income (EBIT)	1.061B	299.000M	241.000M	273.000M	248.000M	252.000M	200.000M	168.000M
Operating Margin	22.7%	22.7%	20.3%	21.4%	21.2%	22.5%	18.1%	17.1%
Income Before Tax (EBT)	934.000M	218.000M	189.000M	272.000M	255.000M	246.000M	221.000M	177.000M
Interest Income	2.000M	—	2.000M	—	—	2.000M	—	—
Interest Expense	126.000M	61.000M	51.000M	14.000M	—	—	—	—
Other Income/Expense	-127.000M	-81.000M	-52.000M	-1.000M	7.000M	-6.000M	21.000M	9.000M
Net Income	650.000M	151.000M	100.000M	211.000M	188.000M	193.000M	148.000M	133.000M
Income Tax Expense	242.000M	56.000M	80.000M	49.000M	57.000M	47.000M	65.000M	37.000M
Net Profit Margin	11.5%	11.5%	8.4%	16.5%	16.1%	17.3%	13.4%	13.5%
EBITDA	1.440B	377.000M	336.000M	380.000M	347.000M	340.000M	319.000M	274.000M
EBITDA Margin	28.7%	28.7%	28.2%	29.8%	29.7%	30.4%	28.9%	27.9%
Depreciation & Amortization	380.000M	98.000M	96.000M	94.000M	92.000M	94.000M	98.000M	97.000M
EPS Basic	3.11	0.72	0.48	1.01	0.90	0.92	0.71	0.64
EPS Diluted	3.11	0.72	0.48	1.01	0.90	0.92	0.71	0.64
Shares Outstanding	209.700M	209.700M	209.479M	209.463M	209.434M	209.434M	209.434M	209.434M
Diluted Shares Outstanding	210.300M	210.300M	209.479M	209.463M	209.434M	209.434M	209.434M	209.434M

Q Annual Income Statement (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022
Revenue	4.754B	4.335B	4.035B	4.755B
Cost of Goods Sold	2.766B	2.336B	2.280B	2.598B
Gross Profit	1.988B	1.999B	1.755B	2.157B
Gross Profit Margin	41.8%	46.1%	43.5%	45.4%
Total Operating Expenses	974.000M	1.160B	1.098B	1.123B
Research & Development	354.000M	311.000M	303.000M	329.000M
Selling, General & Administrative	620.000M	617.000M	533.000M	518.000M
Operating Income (EBIT)	1.014B	847.000M	657.000M	1.034B
Operating Margin	21.3%	19.5%	16.3%	21.7%
Income Before Tax (EBT)	962.000M	901.000M	632.000M	952.000M
Interest Income	4.000M	—	—	—
Interest Expense	65.000M	280.000M	—	—
Other Income/Expense	-52.000M	54.000M	-25.000M	-82.000M
Net Income	692.000M	693.000M	507.000M	774.000M
Income Tax Expense	233.000M	177.000M	99.000M	151.000M
Net Profit Margin	14.6%	16.0%	12.6%	16.3%
EBITDA	1.403B	1.292B	1.035B	1.366B
EBITDA Margin	29.5%	29.8%	25.7%	28.7%
Depreciation & Amortization	376.000M	394.000M	403.000M	414.000M
EPS Basic	3.30	3.31	2.42	3.70
EPS Diluted	3.30	3.31	2.42	3.70
Shares Outstanding	209.479M	209.434M	209.434M	209.434M
Diluted Shares Outstanding	209.479M	209.434M	209.434M	209.434M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Qnity Electronics, Inc.

Qnity Electronics, Inc. specializes in providing electronic solutions and materials essential for manufacturing semiconductor chips, alongside advanced electronic materials. Previously known as Novus SpinCo 1, Inc., the company officially adopted its current name, Qnity Electronics, Inc., in April 2025. Its operations are headquartered in Wilmington, Delaware.

Wilmington, DE

10,000 employees

www.qnityelectronics.com

Technology / Semiconductors

Sector: Technology
Industry: Semiconductors
CEO: Jon D. Kemp

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