Saturday 17 October 2026 Export Q’s income statement to Excel — free account

Qnity Electronics, Inc.

Q Technology Semiconductor Equipment & Materials

Qnity Electronics, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.8 billion, up 9.67% from fiscal 2024. In the quarter to June 2026, revenue grew 22.1%, EPS fell 37.6% and free cash flow fell 29.9%, each against the same quarter a year earlier. Member of the S&P 500; insiders bought in the last twelve months.

115.37 4.24 −3.54%

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Market cap: $25.0B
P/E: 41.2×
Fwd P/E: 39.8×
Dividend yield: —
F-score: n/a
Altman Z: 2.21
Beneish M: −3.78
Dividend safety: n/a

Overview Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Insider Decisions trades per month

Total buys 0.47

Total sells 0.97

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	2	—	—	—	—	—	—	—	—	1	—	—
Sell	2	2	—	—	—	—	1	1	—	—	—	—

Insider Ownership 0.34%

Capital & Financial Ratios $m

Market Cap 25,020.00

Revenue 5,210.00

Net Income 630.00

Free Cash Flow 831.00

Net Debt 3,059.00

Current Ratio 2.01

Debt/Equity 0.53

P/E ratio 41.20

Fwd P/E 39.80

P/S ratio 4.64

P/B ratio 3.20

Past 5Y EPS Growth —

This Y EPS Growth 36.24%

Next Y EPS Growth 20.00%

Next Y revenue growth 18.66%

Next 5Y EPS Growth 22.69%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	Powerpack
2025	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	—	166	915	961
Receivables	—	682	992	1,138
Inventory	—	597	661	730
Other	—	—	—	—
	—	1,483	2,638	2,896

	2023	2024	2025	Q'26
Payables	—	528	680	790
ST’ Debt	—	—	24	23
Other	—	—	—	—
	—	839	1,356	1,442

Compound Annual Growth %

	10y	5y	3y
Sales	—	—	—
Cash Flow	—	—	—
Earnings	—	—	—
Book Value	—	—	—

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	1,315	1,429	—	—	—
’25	1,118	1,170	1,276	1,190	4,754
’24	—	—	1,148	—	4,335

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	135	241	—	—	—
’25	207	273	302	491	1,273
’24	—	—	775	286	1,061

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	13	157	—	—	—
’25	103	224	241	420	988
’24	—	—	641	235	876

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.72	0.59	—	—	—
’25	0.95	0.95	1.01	0.48	3.30
’24	—	—	0.99	—	3.46

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	—	—	—	—	—	—	70.50	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	—	—	—	—	—	—	105.40
People
People	Employees	—	—	—	—	—	—	—	—	10,000	10,000
	Revenue/emp, $m	—	—	—	—	—	—	—	0.00	0.43	0.48
Income, $m
Income, $m	Revenue	—	—	—	—	—	—	—	4,035	4,335	4,754
	Gross margin, %	—	—	—	—	—	—	—	43.49	46.04	46.17
	EBT	—	—	—	—	—	—	—	632	901	962
	EBT margin, %	—	—	—	—	—	—	—	15.66	20.78	20.24
	Net income	—	—	—	—	—	—	—	533	724	729
	Depreciation	—	—	—	—	—	—	—	403	394	376
Per share, $
Per share, $	Revenue	—	—	—	—	—	—	—	19.27	20.70	22.68
	Earnings	—	—	—	—	—	—	—	2.55	3.46	3.30
	Cash flow	—	—	—	—	—	—	—	4.21	5.07	6.07
	Capex	—	—	—	—	—	—	—	(1.08)	(0.88)	(1.36)
	Free cash flow	—	—	—	—	—	—	—	3.13	4.18	4.71
	Book value	—	—	—	—	—	—	—	0.00	52.03	35.14
	Shares, m	—	—	—	—	—	—	—	209	209	210
Valuation, ×
Valuation, ×	P/E	—	—	—	—	—	—	—	24.46	24.46	24.11
	P/S	—	—	—	—	—	—	—	4.23	4.23	3.60
	P/B	—	—	—	—	—	—	—	2.12	2.12	2.32
	EV/Sales	—	—	—	—	—	—	—	4.57	4.57	4.25
	EV/FCF	—	—	—	—	—	—	—	26.79	26.79	20.47
Cash, $m
Cash, $m	Operating cash flow	—	—	—	—	—	—	—	882	1,061	1,273
	Capex	—	—	—	—	—	—	—	(226)	(185)	(285)
	Free cash flow	—	—	—	—	—	—	—	656	876	988
Balance, $m
Balance, $m	Working capital	—	—	—	—	—	—	—	—	644	1,282
	Total debt	—	—	—	—	—	—	—	—	—	4,027
	Net debt	—	—	—	—	—	—	—	—	(166)	3,112
	Shareholders’ equity	—	—	—	—	—	—	—	—	10,896	7,366
Returns, %
Returns, %	ROA	—	—	—	—	—	—	—	0.00	11.29	5.25
	ROIC	—	—	—	—	—	—	—	0.00	4.89	5.78
	ROE	—	—	—	—	—	—	—	0.00	0.00	7.58

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
TER Teradyne, Inc.	$53.7B	44.3×	51.2×	+103.90% (above 0%: growing)	+387.76% (above 0%: growing)	+187.39% (above 0%: growing)	59.79%	32.94%	Compare
Q Qnity Electronics, Inc.	$25.0B	41.2×	39.8×	+22.14% (above 0%: growing)	−37.61% (below 0%: shrinking)	−29.91% (below 0%: shrinking)	46.61%	19.31%
ENTG Entegris, Inc.	$22.4B	69.5×	48.6×	+11.46% (above 0%: growing)	+74.29% (above 0%: growing)	+148.72% (above 0%: growing)	47.55%	18.64%	Compare
ONTO Onto Innovation Inc.	$11.4B	82.0×	48.8×	+35.30% (above 0%: growing)	+76.81% (above 0%: growing)	+30.97% (above 0%: growing)	53.41%	18.52%	Compare
AMKR Amkor Technology, Inc.	$10.9B	18.7×	31.1×	+25.58% (above 0%: growing)	+218.18% (above 0%: growing)	−276.02% (below 0%: shrinking)	16.79%	10.53%	Compare
NVMI Nova Ltd.	$10.5B	37.0×	50.8×	+15.90% (above 0%: growing)	+1.72% (above 0%: growing)	−10.48% (below 0%: shrinking)	56.54%	29.88%	Compare
FORM FormFactor, Inc.	$8.9B	71.0×	64.7×	+31.89% (above 0%: growing)	+500.00% (above 0%: growing)	+211.52% (above 0%: growing)	50.70%	22.38%	Compare
CAMT Camtek Ltd.	$6.1B	170×	52.5×	+12.31% (above 0%: growing)	−33.33% (below 0%: shrinking)	+952.40% (above 0%: growing)	50.06%	20.43%	Compare
KLIC Kulicke and Soffa Industries, Inc.	$4.4B	35.6×	34.7×	+122.63% (above 0%: growing)	n/m	+856.72% (above 0%: growing)	47.80%	20.66%	Compare
Median of peers	$10.7B	56.9×	49.8×	+28.74%	+76.81%	+168.06%	50.38%	20.55%

All 29 Semiconductor Equipment & Materials stocks →