Qnity raises 2026 guidance as Q2 sales rise 22%, but GAAP net income falls 31%
Qnity reported second-quarter 2026 net sales of $1.4 billion, up 22% from a year earlier, and raised its full-year 2026 guidance. GAAP net income fell 31% to $136 million, while adjusted earnings rose 53% to $250 million, so shareholders see strong sales and a higher outlook alongside lower reported profit.
Key points
- Q2 2026 net sales were $1.429 billion, up from $1.170 billion in Q2 2025.
- GAAP diluted EPS was $0.59, down from $0.90; adjusted EPS was $1.19, up from $0.78 on a pro forma basis.
- Full-year 2026 guidance: net sales $5.55 billion to $5.65 billion; adjusted EPS $4.40 to $4.60; adjusted free cash flow $600 million to $700 million.
The filing
Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.