Qnity Electronics, Inc. (Q)
NYSE: Q · Real-Time Price · USD
122.44
+1.97 (1.64%)
Sep 9, 2026, 9:49 AM EDT - Market open
Qnity Electronics Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 |
| 5,210 | 4,754 | 4,335 | 4,035 | 4,755 | |
Revenue Growth | 14.83% | 9.67% | 7.43% | -15.14% | - |
Cost of Revenue | 2,802 | 2,559 | 2,339 | 2,280 | 2,598 |
Gross Profit | 2,408 | 2,195 | 1,996 | 1,755 | 2,157 |
Selling, General & Admin | 689 | 613 | 579 | 535 | 514 |
Research & Development | 374 | 354 | 314 | 303 | 329 |
Amortization of Goodwill & Intangibles | 204 | 207 | 232 | 262 | 276 |
Operating Expenses | 1,267 | 1,174 | 1,125 | 1,100 | 1,119 |
Operating Income | 1,141 | 1,021 | 871 | 655 | 1,038 |
Interest Expense | -187 | -65 | - | - | - |
Interest & Investment Income | 9 | 4 | - | - | - |
Earnings From Equity Investments | 49 | 47 | 37 | 16 | 31 |
Currency Exchange Gain (Loss) | -6 | -4 | 5 | -1 | 6 |
Other Non Operating Income (Expenses) | -38 | 3 | 3 | 6 | 7 |
EBT Excluding Unusual Items | 968 | 1,006 | 916 | 676 | 1,082 |
Merger & Restructuring Charges | -96 | -45 | -8 | -52 | -130 |
Gain (Loss) on Sale of Assets | 6 | 1 | 16 | 8 | - |
Legal Settlements | - | - | -23 | - | - |
Pretax Income | 878 | 962 | 901 | 632 | 952 |
Income Tax Expense | 248 | 233 | 177 | 99 | 151 |
Earnings From Continuing Operations | 630 | 729 | 724 | 533 | 801 |
Minority Interest in Earnings | -44 | -37 | -31 | -26 | -27 |
Net Income | 586 | 692 | 693 | 507 | 774 |
Net Income to Common | 586 | 692 | 693 | 507 | 774 |
Net Income Growth | -26.10% | -0.14% | 36.69% | -34.50% | - |
Shares Outstanding (Basic) | 210 | 210 | 209 | 209 | - |
Shares Outstanding (Diluted) | 210 | 210 | 209 | 209 | - |
Shares Change | 0.41% | 0.19% | - | - | - |
EPS (Basic) | 2.79 | 3.30 | 3.31 | 2.42 | - |
EPS (Diluted) | 2.79 | 3.30 | 3.31 | 2.42 | - |
EPS Growth | -26.31% | -0.29% | 36.75% | - | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 |
Free Cash Flow | 825 | 988 | 861 | 651 | 951 |
Free Cash Flow Per Share | 3.92 | 4.71 | 4.11 | 3.11 | - |
Dividend Per Share | 0.220 | 0.060 | - | - | - |
Dividend Growth | - | - | - | - | - |
Gross Margin | 46.22% | 46.17% | 46.04% | 43.49% | 45.36% |
Operating Margin | 21.90% | 21.48% | 20.09% | 16.23% | 21.83% |
Profit Margin | 11.25% | 14.56% | 15.99% | 12.57% | 16.28% |
Free Cash Flow Margin | 15.83% | 20.78% | 19.86% | 16.13% | 20.00% |
EBITDA | 1,526 | 1,397 | 1,265 | 1,058 | 1,452 |
EBITDA Margin | 29.29% | 29.39% | 29.18% | 26.22% | 30.54% |
D&A For EBITDA | 385 | 376 | 394 | 403 | 414 |
EBIT | 1,141 | 1,021 | 871 | 655 | 1,038 |
EBIT Margin | 21.90% | 21.48% | 20.09% | 16.23% | 21.83% |
Effective Tax Rate | 28.25% | 24.22% | 19.65% | 15.67% | 15.86% |