Qnity Electronics Inc (Q) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 4, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the Q SEC filings page.
Qnity Electronics Inc (Q) reported $5.2B in revenue over the twelve months to Jun 30, 2026. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 3 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Qnity's growth converts into cash while a 2025 debt-funded balance-sheet shift changes the financing profile.
Revenue grew9.7% from FY2024 to FY2025 while net income barely changed; with gross margin holding near46.2% , the weaker earnings conversion appears below the product-cost layer rather than in core production economics. Free cash flow exceeded net income at$988M versus$729M , indicating that reported profitability was accompanied by stronger cash realization rather than relying on non-cash earnings.
Liabilities rose from
Capital expenditures were
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Qnity Electronics Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Not available for Qnity Electronics Inc, and counted as zero in the overall score.
Qnity Electronics Inc's revenue grew 9.7% year-over-year to $4.8B, a solid pace of expansion. This earns a growth score of 61/100.
Qnity Electronics Inc has a moderate D/E ratio of 0.56. This balance of debt and equity financing earns a leverage score of 58/100.
Qnity Electronics Inc's current ratio of 1.95 indicates adequate short-term liquidity, earning a score of 58/100. The company can meet its near-term obligations, though with limited headroom.
Qnity Electronics Inc converts 20.8% of revenue into free cash flow ($988.0M). This strong cash generation earns a score of 86/100.
Not available for Qnity Electronics Inc, and counted as zero in the overall score.
Qnity Electronics Inc passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Qnity Electronics Inc generates $1.75 in operating cash flow ($1.3B OCF vs $729.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Qnity Electronics Inc generated $1.4B in revenue in Q2 2026. This represents an increase of 22.1% from the same quarter a year earlier. Against the prior quarter it is up 8.7%.
Qnity Electronics Inc reported $136.0M in net income in Q2 2026. This represents a decrease of 31.3% from the same quarter a year earlier. Against the prior quarter it is down 16.0%.
Qnity Electronics Inc earned $0.59 per diluted share (EPS) in Q2 2026. This represents a decrease of 34.4% from the same quarter a year earlier. Against the prior quarter it is down 18.1%.
Not reported for Q2 2026.
Cash & Balance Sheet
Qnity Electronics Inc generated $151.0M in free cash flow in Q2 2026, representing cash available after capex. This represents a decrease of 32.6% from the same quarter a year earlier. Against the prior quarter it is up 1061.5%.
Qnity Electronics Inc held $961.0M in cash against $4.0B in long-term debt as of Q2 2026.
Qnity Electronics Inc paid $0.08 per share in dividends in Q2 2026.
Margins & Returns
Qnity Electronics Inc's gross margin was 46.6% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 0.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.4 percentage points.
Qnity Electronics Inc's net profit margin was 9.5% in Q2 2026, showing the share of revenue converted to profit. This is down 7.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.8 percentage points.
Qnity Electronics Inc's ROE was 1.9% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 0.1 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.4 percentage points.
Not reported for Q2 2026.
Capital Allocation
Qnity Electronics Inc invested $98.0M in research and development in Q2 2026. This represents an increase of 11.4% from the same quarter a year earlier. Against the prior quarter it is up 4.3%.
Qnity Electronics Inc spent $25.0M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. It is unchanged from the prior quarter.
Qnity Electronics Inc invested $90.0M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 83.7% from the same quarter a year earlier. Against the prior quarter it is down 26.2%.
Q Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.4B+22.1% | $1.3B+17.6% | $1.2B | $1.3B+11.1% | $1.2B | $1.1B | N/A | $1.1B |
| Cost of Revenue | $763.0M+21.1% | $697.0M+18.7% | $641.0M | $701.0M+15.1% | $630.0M | $587.0M | N/A | $609.0M |
| Gross Profit | $666.0M+23.3% | $618.0M+16.4% | $549.0M | $575.0M+6.7% | $540.0M | $531.0M | N/A | $539.0M |
| R&D Expenses | $98.0M+11.4% | $94.0M+11.9% | $90.0M | $92.0M+13.6% | $88.0M | $84.0M | N/A | $81.0M |
| SG&A Expenses | $200.0M+29.9% | $173.0M+23.6% | $167.0M | $159.0M+1.9% | $154.0M | $140.0M | N/A | $156.0M |
| Interest Expense | $61.0M | $61.0M | $51.0M | $14.0M | $0 | $0 | N/A | $0 |
| Income Tax | $63.0M+10.5% | $56.0M+19.1% | $80.0M | $49.0M+14.0% | $57.0M | $47.0M | N/A | $43.0M |
| Net Income | $136.0M-31.3% | $162.0M-18.6% | $121.0M | $211.0M+6.0% | $198.0M | $199.0M | N/A | $199.0M |
| EPS (Basic) | $0.59-34.4% | $0.72-21.7% | $0.47-53.5% | $1.01+6.3% | $0.90 | $0.92 | $1.01 | $0.95 |
| EPS (Diluted) | $0.59-34.4% | $0.72-21.7% | $0.47-53.5% | $1.01+6.3% | $0.90 | $0.92 | $1.01 | $0.95 |
| Diluted Shares (Avg) | 210M+0.4% | 210M+0.4% | N/A | 209M0.0% | 209M | 209M | N/A | 209M |
Not reported in any period shown, so not listed: Operating Income, EBITDA.
Q Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $14.3B | $14.1B | $14.1B+14.6% | $12.5B | N/A | N/A | $12.3B | N/A |
| Current Assets | $2.9B | $2.7B | $2.6B+77.9% | $1.6B | N/A | N/A | $1.5B | N/A |
| Cash & Equivalents | $961.0M | $857.0M | $915.0M+451.2% | $128.0M | N/A | N/A | $166.0M | N/A |
| Short-Term Investments | $0 | $0 | $0 | $0 | N/A | N/A | $0 | N/A |
| Inventory | $730.0M | $696.0M | $661.0M+10.7% | $647.0M | N/A | N/A | $597.0M | N/A |
| Accounts Receivable | N/A | N/A | $656.0M+13.1% | N/A | N/A | N/A | $580.0M | N/A |
| Long-Term Investments | $0 | $0 | $0 | $0 | N/A | N/A | $0 | N/A |
| Goodwill | $7.5B | $7.5B | $7.5B+1.9% | $7.5B | N/A | N/A | $7.4B | N/A |
| Total Liabilities | $6.8B | $6.6B | $6.7B+386.9% | $3.1B | N/A | N/A | $1.4B | N/A |
| Current Liabilities | $1.4B | $1.3B | $1.4B+61.6% | $910.0M | N/A | N/A | $839.0M | N/A |
| Non-Current Liabilities | $5.3B | $5.3B | $5.3B+894.1% | $2.2B | N/A | N/A | $538.0M | N/A |
| Long-Term Debt | $4.0B | $4.0B | $4.0B | $1.7B | N/A | N/A | $0 | N/A |
| Total Equity | $7.3B-35.2% | $7.2B-34.9% | $7.1B-33.3% | $9.1B-17.7% | $11.2B | $11.0B | $10.6B | $11.1B |
| Retained Earnings | $260.0M | $170.0M | $18.0M | N/A | N/A | N/A | $0 | N/A |
Q Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $241.0M-11.7% | $135.0M-34.8% | $491.0M+71.7% | $302.0M | $273.0M | $207.0M | $286.0M | N/A |
| Depreciation & Amortization | $97.0M+5.4% | $98.0M+4.3% | $96.0M-1.0% | $94.0M-7.8% | $92.0M | $94.0M | $97.0M | $102.0M |
| Stock-Based Compensation | $15.0M+275.0% | $10.0M+150.0% | N/A | N/A | $4.0M | $4.0M | N/A | N/A |
| Capital Expenditures | $90.0M+83.7% | $122.0M+17.3% | $71.0M+7.6% | $61.0M | $49.0M | $104.0M | $66.0M | N/A |
| Free Cash Flow | $151.0M-32.6% | $13.0M-87.4% | $420.0M+90.9% | $241.0M | $224.0M | $103.0M | $220.0M | N/A |
| Investing Cash Flow | -$82.0M-67.3% | -$123.0M-18.3% | -$71.0M-82.1% | -$61.0M | -$49.0M | -$104.0M | -$39.0M | N/A |
| Financing Cash Flow | -$50.0M+77.4% | -$59.0M+45.9% | $368.0M+264.3% | -$286.0M | -$221.0M | -$109.0M | -$224.0M | N/A |
| Dividends Paid | $34.0M | $17.0M | N/A | N/A | $0 | $0 | N/A | N/A |
| Share Buybacks | $25.0M | $25.0M | N/A | N/A | $0 | $0 | N/A | N/A |
Q Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 46.6%+0.5pp | 47.0%-0.5pp | 46.1% | 45.1%-1.9pp | 46.2% | 47.5% | N/A | 46.9% |
| Net Margin | 9.5%-7.4pp | 12.3%-5.5pp | 10.2% | 16.5%-0.8pp | 16.9% | 17.8% | N/A | 17.3% |
| Return on Equity | 1.9%+0.1pp | 2.3%+0.5pp | 1.7% | 2.3%+0.5pp | 1.8% | 1.8% | N/A | 1.8% |
| Return on Assets | 0.9% | 1.1% | 0.9% | 1.7% | N/A | N/A | N/A | N/A |
| Current Ratio | 2.01 | 2.12 | 1.95+0.2x | 1.78 | N/A | N/A | 1.77 | N/A |
| Debt-to-Equity | 0.55 | 0.56 | 0.56+0.6x | 0.19 | N/A | N/A | 0.00 | N/A |
| Asset Turnover | 0.10 | 0.09 | 0.08 | 0.10 | N/A | N/A | N/A | N/A |
| FCF Margin | 10.6%-8.6pp | 1.0%-8.2pp | 35.3% | 18.9% | 19.1% | 9.2% | N/A | N/A |
Not reported in any period shown, so not listed: Operating Margin.
Where Qnity Electronics Inc Ranks
Frequently Asked Questions
What is Qnity Electronics Inc's annual revenue?
Qnity Electronics Inc (Q) reported $4.8B in total revenue for fiscal year 2025. This represents a 9.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Qnity Electronics Inc's revenue growing?
Qnity Electronics Inc (Q) revenue grew by 9.7% year-over-year, from $4.3B to $4.8B in fiscal year 2025.
Is Qnity Electronics Inc profitable?
Yes, Qnity Electronics Inc (Q) reported a net income of $729.0M in fiscal year 2025, with a net profit margin of 15.3%.
How much debt does Qnity Electronics Inc have?
As of fiscal year 2025, Qnity Electronics Inc (Q) had $915.0M in cash and equivalents against $4.0B in long-term debt.
What is Qnity Electronics Inc's gross margin?
Qnity Electronics Inc (Q) had a gross margin of 46.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Qnity Electronics Inc's net profit margin?
Qnity Electronics Inc (Q) had a net profit margin of 15.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Qnity Electronics Inc pay dividends?
Yes, Qnity Electronics Inc (Q) paid $0.14 per share in dividends during fiscal year 2025.
What is Qnity Electronics Inc's return on equity (ROE)?
Qnity Electronics Inc (Q) has a return on equity of 10.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Qnity Electronics Inc's free cash flow?
Qnity Electronics Inc (Q) generated $988.0M in free cash flow during fiscal year 2025. This represents a 14.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Qnity Electronics Inc's operating cash flow?
Qnity Electronics Inc (Q) generated $1.3B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Qnity Electronics Inc's total assets?
Qnity Electronics Inc (Q) had $14.1B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Qnity Electronics Inc's capital expenditures?
Qnity Electronics Inc (Q) invested $285.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Qnity Electronics Inc spend on research and development?
Qnity Electronics Inc (Q) invested $354.0M in research and development during fiscal year 2025.
What is Qnity Electronics Inc's current ratio?
Qnity Electronics Inc (Q) had a current ratio of 1.95 as of fiscal year 2025, which is generally considered healthy.
What is Qnity Electronics Inc's debt-to-equity ratio?
Qnity Electronics Inc (Q) had a debt-to-equity ratio of 0.56 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Qnity Electronics Inc's return on assets (ROA)?
Qnity Electronics Inc (Q) had a return on assets of 5.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Qnity Electronics Inc's P/E ratio?
Qnity Electronics Inc (Q) trades at 41.7x earnings, its market capitalization divided by net income of $630.0M net income, trailing 12 months to June 30, 2026. The market capitalization is $26.2B as of Sep 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Qnity Electronics Inc's price-to-sales ratio?
Qnity Electronics Inc (Q) trades at 5.0x sales, its market capitalization divided by revenue of $5.2B revenue, trailing 12 months to June 30, 2026. The market capitalization is $26.2B as of Sep 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Qnity Electronics Inc's Piotroski F-Score?
Qnity Electronics Inc (Q) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Qnity Electronics Inc's earnings high quality?
Qnity Electronics Inc (Q) has an earnings quality ratio of 1.75x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Qnity Electronics Inc?
Qnity Electronics Inc (Q) scores 44 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.