Qnity Electronics (Q)

NYSE Information Technology Semiconductor Materials & Equipment S&P 500
$117.00
+6.96 (+6.32%)
Close of Nov 06, 2026 · end-of-day data
Source: Qnity Electronics's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 05, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD
Fiscal yearFY2023FY2024FY2025
Revenue$4.04B$4.33B$4.75B
Cost of revenue$2.28B$2.34B$2.56B
Gross profit$1.75B$2.00B$2.19B
Research & development$303.00M$314.00M$354.00M
Selling, general & admin$533.00M$603.00M$620.00M
Pre-tax income$632.00M$901.00M$962.00M
Income tax$99.00M$177.00M$233.00M
Net income$507.00M$693.00M$692.00M
EPS (basic)$2.42$3.31$3.30
EPS (diluted)$2.42$3.31$3.30
Diluted shares209.40M209.40M209.80M
Gross margin43.5%46.0%46.2%
Net margin12.6%16.0%14.6%

Balance sheet

fiscal years · USD
Fiscal yearFY2023FY2024FY2025
Cash & equivalents—$166.00M$915.00M
Receivables—$580.00M$656.00M
Inventory—$597.00M$661.00M
Total current assets—$1.48B$2.64B
Goodwill$7.46B$7.38B$7.52B
Total assets—$12.27B$14.07B
Total current liabilities—$839.00M$1.36B
Short-term debt—$0$24.00M
Long-term debt—$0$4.10B
Total debt—$0$4.12B
Total liabilities—$1.38B$6.70B
Shareholders' equity$11.18B$10.64B$7.09B

Cash flow

fiscal years · USD
Fiscal yearFY2023FY2024FY2025
Operating cash flow$882.00M$1.06B$1.27B
Capital expenditures$231.00M$200.00M$285.00M
Free cash flow$651.00M$861.00M$988.00M
Investing cash flow-$226.00M-$172.00M-$285.00M
Financing cash flow-$628.00M-$848.00M-$248.00M
Dividends paid$0$0$13.00M
Stock-based compensation$13.00M$13.00M$20.00M
Depreciation & amortization$403.00M$394.00M$376.00M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.