Qnity Electronics, Inc. Q

Technology SIC 3674 - Semiconductors & Related Devices NAICS Manufacturing › Computer and Electronic Product Manufacturing › Semiconductor and Other Electronic Component Manufacturing › Semiconductor and Related Device Manufacturing derived NYSE

Qnity is one of the largest global leaders in materials and solutions for the semiconductor and electronics industries. We empower our customers' technology roadmaps to enable advancements in megatrends such as artificial intelligence, high-performance computing and advanced connectivity. We partner with leading semiconductor and advanced device manufacturers to address complex challenges and develop solutions that facilitate next-generation technological innovations. With over 50 years of experience in systems engineering and material science, a global manufacturing footprint and major application labs across the world, we are well-positioned to capitalize on emerging opportunities across various sectors including data centers, communications infrastructure, industrials, automotive, and consumer electronics.

Last close 109.83 2026-10-23
Market cap $22.98B 2026-06-30 share count
52-week range 72.81 - 177.28

Valuation FY2025 figures against the last close

P/S4.8x
P/E33.3x
P/FCF23.3x
EV/EBITDA—
Dividend yield0.1%
Diluted EPS3.30

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022
Revenue $4.75B$4.33B$4.04B—
Cost of revenue $2.56B$2.34B$2.28B—
Gross profit $2.19B$2.00B$1.75B—
R&D $354.0M$314.0M$303.0M—
SG&A $620.0M$603.0M$533.0M—
Pre-tax income $962.0M$901.0M$632.0M—
Income tax $233.0M$177.0M$99.0M—
Net income $729.0M$724.0M$533.0M—
EPS, basic 3.303.312.42—
EPS, diluted 3.303.312.42—
Shares, diluted (wtd. avg.) 209.8M209.4M209.4M—

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022
Cash and equivalents $915.0M$166.0M——
Receivables $656.0M$580.0M——
Inventory $661.0M$597.0M——
Total current assets $2.64B$1.48B——
Goodwill $7.52B$7.38B$7.46B—
Other intangibles $1.11B$1.29B——
Total assets $14.07B$12.27B——
Accounts payable $680.0M$528.0M——
Short-term debt $24.0M$0——
Total current liabilities $1.36B$839.0M——
Long-term debt $4.10B———
Total liabilities $6.70B$1.38B——
Retained earnings $18.0M$0——
Total equity $7.09B$10.64B$11.18B$11.31B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022
Operating cash flow $1.27B$1.06B$882.0M—
Depreciation and amortisation $376.0M$394.0M$403.0M—
Stock-based compensation $20.0M$13.0M$13.0M—
Capital expenditure $285.0M$200.0M$231.0M—
Investing cash flow -$285.0M-$172.0M-$226.0M—
Financing cash flow -$248.0M-$848.0M-$628.0M—
Dividends paid $13.0M$0$0—

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-024259.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 2B 4B 6B Revenue, FY2023: 4B Gross profit, FY2023: 1.8B Net income, FY2023: 533M Revenue, FY2024: 4.3B Gross profit, FY2024: 2B Net income, FY2024: 724M Revenue, FY2025: 4.8B Gross profit, FY2025: 2.2B Net income, FY2025: 729M FY2022 FY2023 FY2024 FY2025
Fiscal year FY2022FY2023FY2024FY2025
Revenue — $4.04B $4.33B $4.75B
Gross profit — $1.75B $2.00B $2.19B
Net income — $533.0M $724.0M $729.0M

Recent filings and events

  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Results announced Item 2.02
  • Officer or director change Item 5.02
  • Officer or director change Item 5.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 3674

TickerCompanyMarket capP/ERevenue growth
NVDA NVIDIA CORP $5.08T 43.1x 65.5%
AVGO Broadcom Inc. $1.53T 67.4x 23.9%
MU MICRON TECHNOLOGY INC $991.10B 115.6x 48.9%
AMD ADVANCED MICRO DEVICES INC $843.65B 195.0x 34.3%
INTC INTEL CORP $438.63B — -0.5%
AMAT APPLIED MATERIALS INC /DE $299.38B 43.6x 4.4%
TXN TEXAS INSTRUMENTS INC $259.99B 52.2x 13.0%
MRVL Marvell Technology, Inc. $200.38B 74.4x 42.1%