Qnity Electronics, Inc.
QSemiconductors
Latest available resultsSeptember 30, 2026Quarter · 10-Q filed Nov 4, 2026
Revenue
$1.56B
▲ +21.9% vs prior year YoY
Net income
$196.00M
▼ -7.1% vs prior year YoY
EPS
0.87$
▼ -13.9% vs prior year YoY
Net margin
12.6%
▼ -3.9 pp vs prior year YoY
Revenue▲ +21.9%
Margins (% of revenue)GrossOperating N/ANet
Net income▼ -7.1%
EPS▼ -13.9%
Financial statements
View 10-Q filed November 4, 2026 on SEC ↗| Metric | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025* | Mar 2026 | Jun 2026 | Sep 2026 | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Operations | |||||||||
| Revenue | $1.15B | $1.12B | $1.17B | $1.28B | $1.19B | $1.31B | $1.43B | $1.56B | ▲ +21.9% |
| Gross profit | $539.00M | $531.00M | $540.00M | $575.00M | $549.00M | $618.00M | $666.00M | $743.00M | ▲ +29.2% |
| Operating incomenever filed | — | — | — | — | — | — | — | — | — |
| Net income | $199.00M | $199.00M | $198.00M | $211.00M | $109.00M | $162.00M | $136.00M | $196.00M | ▼ -7.1% |
| R&D | $81.00M | $84.00M | $88.00M | $92.00M | $90.00M | $94.00M | $98.00M | $105.00M | ▲ +14.1% |
| EPS (diluted) | 0.95 $ | 0.92 $ | 0.90 $ | 1.01 $ | — | 0.72 $ | 0.59 $ | 0.87 $ | ▼ -13.9% |
| Margins (% of revenue) | |||||||||
| Gross | 47.0 % | 47.5 % | 46.2 % | 45.1 % | 46.1 % | 47.0 % | 46.6 % | 47.8 % | ▲ +2.7 pt |
| Operating | — | — | — | — | — | — | — | — | — |
| Net | 17.3 % | 17.8 % | 16.9 % | 16.5 % | 9.2 % | 12.3 % | 9.5 % | 12.6 % | ▼ -3.9 pt |
| Balance sheet | |||||||||
| Assets | — | — | — | $12.51B | $14.07B | $14.06B | $14.33B | $14.72B | ▲ +17.6% |
| Liabilities | — | — | — | $3.13B | $6.70B | $6.60B | $6.79B | $6.83B | ▲ +118.5% |
| Equity | $11.08B | $11.04B | $11.20B | $9.39B | $7.37B | $7.46B | $7.55B | $7.89B | ▼ -16.0% |
| Cash | — | — | — | $128.00M | $915.00M | $857.00M | $961.00M | $1.12B | ▲ +778.1% |
| Capital | |||||||||
| Shares outstanding | — | — | — | 209.46M | 209.66M | 209.34M | 209.21M | 209.04M | ▼ -0.2% |
| Public floatexcluding insiders | — | — | — | — | — | — | — | — | — |
* No 10-Q is filed for a fourth quarter: these amounts are the fiscal year minus the first three quarters, all filed. EPS stays blank — dilution doesn't subtract.