The Filings Report

Qnity Electronics, Inc.

QNYSECIK 2058873Technology / Semiconductorsfiscal year ends December8 quarters since 2024

Revenue, Q2 FY2026
$1.4B
+22.1% on Q2 FY2025
Net income
—
no year-earlier figure
Free cash flow
$151M
−32.6% on Q2 FY2025
Diluted EPS
$0.59
−34.4% on Q2 FY2025
Revenue, TTM
$5.2B
trailing four quarters
Net margin, TTM
—
net income —
Free cash flow, TTM
$825M
$1.2B less $344M capex
Cash and equivalents
$961M
long-term debt —, Jun 30, 2026
Shares, 12-month change
—
209M shares, Jun 30, 2026
Buybacks, TTM
—
no yield
Dividends, TTM
—
no yield
Market value
$24.4B
at the close, buybacks

Latest quarter Q2 FY2026, filed August 4, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.

In Q2 FY2026, the quarter ended June 30, 2026, Qnity Electronics, Inc. reported revenue of $1.4B, +22.1% on Q2 FY2025. Free cash flow, operating cash flow less capital expenditures, was $151M ($241M less $90M). Diluted earnings per share were $0.59.

The last 8 quarters

Q3 FY2024 to Q2 FY2026, through the filing of August 4, 2026.

Revenue and net incomeRevenueNet income
$0$500M$1.0B$1.5BQ3'24, Revenue: $1.1BQ3'24, Net income: $199MQ3'24Q4'24, Revenue: $1.1BQ4'24Q1'25, Revenue: $1.1BQ1'25Q2'25, Revenue: $1.2BQ2'25Q3'25, Revenue: $1.3BQ3'25, Net income: $211MQ3'25Q4'25, Revenue: $1.2BQ4'25Q1'26, Revenue: $1.3BQ1'26Q2'26, Revenue: $1.4BQ2'26$0$500M$1.0B$1.5BQ3'24, Revenue: $1.1BQ3'24, Net income: $199MQ3'24Q4'24, Revenue: $1.1BQ4'24Q1'25, Revenue: $1.1BQ1'25Q2'25, Revenue: $1.2BQ2'25Q3'25, Revenue: $1.3BQ3'25, Net income: $211MQ3'25Q4'25, Revenue: $1.2BQ4'25Q1'26, Revenue: $1.3BQ1'26Q2'26, Revenue: $1.4BQ2'26

Net income losses drawn in red.

Free cash flow
$0$200M$400M$600MQ3'24Q4'24, Free cash flow: $220MQ4'24Q1'25, Free cash flow: $103MQ1'25Q2'25, Free cash flow: $224MQ2'25Q3'25, Free cash flow: $241MQ3'25Q4'25, Free cash flow: $420MQ4'25Q1'26, Free cash flow: $13MQ1'26Q2'26, Free cash flow: $151MQ2'26$0$200M$400M$600MQ3'24Q4'24, Free cash flow: $220MQ4'24Q1'25, Free cash flow: $103MQ1'25Q2'25, Free cash flow: $224MQ2'25Q3'25, Free cash flow: $241MQ3'25Q4'25, Free cash flow: $420MQ4'25Q1'26, Free cash flow: $13MQ1'26Q2'26, Free cash flow: $151MQ2'26

Operating cash flow less capital expenditures; negative quarters in red.

Cash and equivalents against long-term debtCash and equivalentsLong-term debt
$0$2B$4B$6BQ3'24Q4'24, Cash and equivalents: $166MQ4'24Q1'25Q2'25Q3'25, Cash and equivalents: $128MQ3'25Q4'25, Cash and equivalents: $915MQ4'25, Long-term debt: $4.1BQ4'25Q1'26, Cash and equivalents: $857MQ1'26Q2'26, Cash and equivalents: $961MQ2'26$0$2B$4B$6BQ3'24Q4'24, Cash and equivalents: $166MQ4'24Q1'25Q2'25Q3'25, Cash and equivalents: $128MQ3'25Q4'25, Cash and equivalents: $915MQ4'25, Long-term debt: $4.1BQ4'25Q1'26, Cash and equivalents: $857MQ1'26Q2'26, Cash and equivalents: $961MQ2'26

Positions at each quarter end, as filed; short-term investments are not included.

Income statement

Last eight quarters, newest first, through Q2 FY2026 filed August 4, 2026.

Qnity Electronics, Inc. income statement, quarterly
Millions of dollarsQ2 FY2026ended Jun 30, 2026filed Aug 4, 2026Q1 FY2026ended Mar 31, 2026filed May 12, 2026Q4 FY2025ended Dec 31, 2025filed Feb 26, 2026Q3 FY2025ended Sep 30, 2025filed Nov 18, 2025Q2 FY2025ended Jun 30, 2025filed Aug 4, 2026Q1 FY2025ended Mar 31, 2025filed May 12, 2026Q4 FY2024ended Dec 31, 2024filed Nov 18, 2025Q3 FY2024ended Sep 30, 2024filed Nov 18, 2025YoYQ2 FY2026vs Q2 FY2025
Revenue1,4291,3151,1901,2761,1701,1181,1011,148+22.1%
Cost of revenue763697641701630587586609+21.1%
Gross profit—————————
Research and development9894909288848481+11.4%
Selling, general and administrative200173167159154140142156+29.9%
Operating income—————————
Other income (expense)(27)(5)14(1)(4)216(1)−575.0%
Pretax income199218189272255246253250−22.0%
Income tax6356804957473243+10.5%
Net income———211———199—
Diluted EPS ($)0.590.72—1.010.900.92—0.95−34.4%
Diluted shares (millions)210210—209209209—209—

Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.

Balance sheet

Last eight quarters, newest first, through Q2 FY2026 filed August 4, 2026.

Qnity Electronics, Inc. balance sheet, quarterly
Millions of dollarsQ2 FY2026ended Jun 30, 2026filed Aug 4, 2026Q1 FY2026ended Mar 31, 2026filed May 12, 2026Q4 FY2025ended Dec 31, 2025filed Feb 26, 2026Q3 FY2025ended Sep 30, 2025filed Nov 18, 2025Q2 FY2025ended Jun 30, 2025filed Aug 4, 2026Q1 FY2025ended Mar 31, 2025filed May 12, 2026Q4 FY2024ended Dec 31, 2024filed Nov 18, 2025Q3 FY2024ended Sep 30, 2024filed Nov 18, 2025YoYQ2 FY2026vs Q2 FY2025
Cash and equivalents961857915128——166——
Short-term investments—————————
Total current assets2,8962,6822,6381,621——1,483——
Total assets14,33114,06314,07012,512——12,273——
Total current liabilities1,4421,2631,356910——839——
Long-term debt——4,100——————
Total liabilities6,7856,6026,7043,125——1,377——
Stockholders’ equity7,2617,1867,0959,123——10,644——
Shares outstanding (millions)209209210209—————

Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.

Cash flow statement

Last eight quarters, newest first, through Q2 FY2026 filed August 4, 2026.

Qnity Electronics, Inc. cash flow statement, quarterly
Millions of dollarsQ2 FY2026ended Jun 30, 2026filed Aug 4, 2026Q1 FY2026ended Mar 31, 2026filed May 12, 2026Q4 FY2025ended Dec 31, 2025filed Feb 26, 2026Q3 FY2025ended Sep 30, 2025filed Nov 18, 2025Q2 FY2025ended Jun 30, 2025filed Aug 4, 2026Q1 FY2025ended Mar 31, 2025filed May 12, 2026Q4 FY2024ended Dec 31, 2024filed Nov 18, 2025Q3 FY2024ended Sep 30, 2024filed Nov 18, 2025YoYQ2 FY2026vs Q2 FY2025
Operating cash flow241135491302273207286—−11.7%
Capital expenditures9012271614910466—+83.7%
Free cash flow (CFO − capex)15113420241224103220—−32.6%
Depreciation and amortization97989694929497102+5.4%
Share repurchases2525——00———
Dividends paid1717——00———

10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.

Annual statements

Every fiscal year filed, newest first, through FY2025 filed February 26, 2026.

Income statement

Qnity Electronics, Inc. income statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 26, 2026FY2024ended Dec 31, 2024filed Nov 18, 2025FY2023ended Dec 31, 2023filed Feb 26, 2026
Revenue4,7544,3354,035
Cost of revenue2,5592,3392,280
Gross profit———
Research and development354314303
Selling, general and administrative620603533
Operating income———
Other income (expense)112511
Pretax income962901632
Income tax23317799
Net income———
Diluted EPS ($)3.303.312.42
Diluted shares (millions)210209209

Balance sheet

Qnity Electronics, Inc. balance sheet, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 26, 2026FY2024ended Dec 31, 2024filed Nov 18, 2025FY2023ended Dec 31, 2023filed Feb 26, 2026
Cash and equivalents915166—
Short-term investments———
Total current assets2,6381,483—
Total assets14,07012,273—
Total current liabilities1,356839—
Long-term debt4,100——
Total liabilities6,7041,377—
Stockholders’ equity7,09510,644—
Shares outstanding (millions)210——

Cash flow statement

Qnity Electronics, Inc. cash flow statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 26, 2026FY2024ended Dec 31, 2024filed Nov 18, 2025FY2023ended Dec 31, 2023filed Feb 26, 2026
Operating cash flow1,2731,061882
Capital expenditures285200231
Free cash flow (CFO − capex)988861651
Depreciation and amortization376394403
Share repurchases———
Dividends paid1300

Insider activity

Form 4 filings by officers, directors and 10% owners, November 1, 2024 to November 1, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.

Bought, three months
$138K
1 purchases by 1 insider; officers and directors $138K
Sold, three months
$0
0 sales by 0 insiders; officers and directors $0
Bought, twelve months
$468K
3 purchases by 3 insiders; officers and directors $468K
Sold, twelve months
$970K
6 sales by 5 insiders; officers and directors $970K

The last 25 transactions

TradedInsiderRoleTransactionSharesPriceValueHeld afterFiled
Aug 31, 2026Curtin Terrence RDirectoraward272$119.43$33K22,336Sep 2, 2026
Aug 31, 2026Green ByronDirectoraward272$119.43$33K8,135Sep 2, 2026
Aug 11, 2026De Bondt KarinDirectoropen-market buy1,000$138.14$138K6,647Aug 12, 2026
Aug 5, 2026Dei Cas KatherinePresident, Semiconductoraward2,937$0.00—2,937Aug 6, 2026
Jun 12, 2026Fortebuono Kathleen M.Chief People Officertax withholding418$149.75$63K8,460Jun 15, 2026
Jun 5, 2026Sterin StevenDirectoropen-market sale400$148.35$59K12,195Jun 8, 2026
May 29, 2026Green ByronDirectoraward208$156.00$33K7,860Jun 1, 2026
May 29, 2026Curtin Terrence RDirectoraward208$156.00$33K22,053Jun 1, 2026
May 26, 2026Sterin StevenDirectoropen-market sale511$161.97$83K12,595May 26, 2026
May 21, 2026Sterin StevenDirectoraward1,278$0.00—13,106May 26, 2026
May 21, 2026Paik YI HyonDirectoraward1,278$0.00—5,645May 26, 2026
May 21, 2026Noonan Anne PDirectoraward1,278$0.00—8,878May 26, 2026
May 21, 2026Johnson Kristina MDirectoraward1,278$0.00—7,763May 26, 2026
May 21, 2026Green ByronDirectoraward1,278$0.00—7,651May 26, 2026
May 21, 2026De Bondt KarinDirectoraward1,278$0.00—5,645May 26, 2026
May 21, 2026Curtin Terrence RDirectoraward1,278$0.00—21,845May 26, 2026
May 21, 2026Blinn Mark ADirectoraward1,278$0.00—5,645May 26, 2026
May 21, 2026Banerji ShumeetDirectoraward1,278$0.00—5,645May 26, 2026
May 4, 2026Hennessey Peter WGeneral Counseltax withholding73$141.76$10K9,621May 6, 2026
May 4, 2026Goss Michael G.VP & Interim CFOtax withholding147$141.76$21K19,744May 6, 2026
May 4, 2026Fortebuono Kathleen M.Chief People Officertax withholding101$141.76$14K8,878May 6, 2026
May 4, 2026Kemp Jon D.Chief Executive Officer, Directortax withholding843$141.76$119K114,967May 6, 2026
May 4, 2026Xu ChuckPresident, Interconnecttax withholding98$141.76$14K21,967May 6, 2026
Feb 27, 2026Kemp Jon D.Chief Executive Officer, Directoraward32,957$0.00—115,762Mar 3, 2026
Feb 27, 2026Hennessey Peter WGeneral Counselaward4,578$0.00—9,688Mar 3, 2026

Full insider history for Qnity Electronics, Inc., or insider activity across all companies. A record of filings, not a recommendation.

Tracked funds holding it

1 of the tracked managers held Q in their latest 13F filing, through August 14, 2026. Weight is the share of the fund’s reported portfolio. How the funds have traded Q by quarter.

FundManagerQuarterValueSharesWeightMove
Duquesne Family OfficeStanley DruckenmillerQ2 2026$21M125,6550.39%held

Sources

Fiscal year ends in month 12; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.

Filer
QNITY ELECTRONICS, INC., CIK 2058873 on EDGAR
Extract generated
November 1, 2026
Withheld
none
Repaired
none
XBRL concepts behind each line

Income statement

Revenue: RevenueFromContractWithCustomerExcludingAssessedTax
Cost of revenue: CostOfGoodsAndServicesSold
Gross profit: not filed
Research and development: ResearchAndDevelopmentExpense
Selling, general and administrative: SellingGeneralAndAdministrativeExpense
Operating income: not filed
Other income (expense): NonoperatingIncomeExpense
Pretax income: IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax: IncomeTaxExpenseBenefit
Net income: NetIncomeLoss
Diluted EPS ($): EarningsPerShareDiluted
Diluted shares (millions): WeightedAverageNumberOfDilutedSharesOutstanding

Balance sheet

Cash and equivalents: CashAndCashEquivalentsAtCarryingValue
Short-term investments: not filed
Total current assets: AssetsCurrent
Total assets: Assets
Total current liabilities: LiabilitiesCurrent
Long-term debt: LongTermDebt
Total liabilities: Liabilities
Stockholders’ equity: StockholdersEquity
Shares outstanding (millions): dei:EntityCommonStockSharesOutstanding

Cash flow statement

Operating cash flow: NetCashProvidedByUsedInOperatingActivities
Capital expenditures: PaymentsToAcquireProductiveAssets
Free cash flow (CFO − capex): not filed
Depreciation and amortization: DepreciationDepletionAndAmortization
Share repurchases: PaymentsForRepurchaseOfCommonStock
Dividends paid: PaymentsOfDividends, PaymentsOfDividendsCommonStock

The data

The statements on this page as files, generated November 1, 2026.

JSON file
/data/financials/Q.json