Qnity Electronics, Inc. (Q)
NYSE: Q · Real-Time Price · USD
112.75
-3.17 (-2.73%)
Mar 6, 2026, 9:44 AM EST - Market open
Qnity Electronics Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 |
| Revenue | 4,754 | 4,335 | 4,035 | 4,755 |
| Revenue Growth (YoY) | 9.67% | 7.43% | -15.14% | - |
| Cost of Revenue | 2,559 | 2,339 | 2,280 | 2,598 |
| Gross Profit | 2,195 | 1,996 | 1,755 | 2,157 |
| Selling, General & Admin | 613 | 602 | 535 | 514 |
| Research & Development | 354 | 314 | 303 | 329 |
| Amortization of Goodwill & Intangibles | 207 | 232 | 262 | 276 |
| Operating Expenses | 1,174 | 1,148 | 1,100 | 1,119 |
| Operating Income | 1,021 | 848 | 655 | 1,038 |
| Interest Expense | -65 | - | - | - |
| Interest & Investment Income | 4 | - | - | - |
| Earnings From Equity Investments | 47 | 37 | 16 | 31 |
| Currency Exchange Gain (Loss) | -4 | 5 | -1 | 6 |
| Other Non Operating Income (Expenses) | 3 | 3 | 6 | 7 |
| EBT Excluding Unusual Items | 1,006 | 893 | 676 | 1,082 |
| Merger & Restructuring Charges | -45 | -8 | -52 | -130 |
| Gain (Loss) on Sale of Assets | 1 | 16 | 8 | - |
| Pretax Income | 962 | 901 | 632 | 952 |
| Income Tax Expense | 233 | 177 | 99 | 151 |
| Earnings From Continuing Operations | 729 | 724 | 533 | 801 |
| Minority Interest in Earnings | -37 | -31 | -26 | -27 |
| Net Income | 692 | 693 | 507 | 774 |
| Net Income to Common | 692 | 693 | 507 | 774 |
| Net Income Growth | -0.14% | 36.69% | -34.50% | - |
| Shares Outstanding (Basic) | 210 | 209 | 209 | - |
| Shares Outstanding (Diluted) | 210 | 209 | 209 | - |
| Shares Change (YoY) | 0.19% | - | - | - |
| EPS (Basic) | 3.30 | 3.31 | 2.42 | - |
| EPS (Diluted) | 3.30 | 3.31 | 2.42 | - |
| EPS Growth | -0.29% | 36.75% | - | - |
| Free Cash Flow | 988 | 861 | 651 | 951 |
| Free Cash Flow Per Share | 4.71 | 4.11 | 3.11 | - |
| Dividend Per Share | 0.060 | - | - | - |
| Gross Margin | 46.17% | 46.04% | 43.49% | 45.36% |
| Operating Margin | 21.48% | 19.56% | 16.23% | 21.83% |
| Profit Margin | 14.56% | 15.99% | 12.57% | 16.28% |
| Free Cash Flow Margin | 20.78% | 19.86% | 16.13% | 20.00% |
| EBITDA | 1,397 | 1,242 | 1,058 | 1,452 |
| EBITDA Margin | 29.39% | 28.65% | 26.22% | 30.54% |
| D&A For EBITDA | 376 | 394 | 403 | 414 |
| EBIT | 1,021 | 848 | 655 | 1,038 |
| EBIT Margin | 21.48% | 19.56% | 16.23% | 21.83% |
| Effective Tax Rate | 24.22% | 19.65% | 15.67% | 15.86% |
Source: S&P Capital IQ. Standard template. Financial Sources.