Security
Qnity Electronics, Inc. · Q
QNYSECommon stockCurrentCIK 2058873Updated Oct 6, 2026
Name history
Novus SpinCo 1, Inc. · through Apr 24, 2025
Q price & chart
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NYSE:Q on TradingView ↗About the company
Qnity is a premier technology provider across the semiconductor value chain, empowering AI, high performance computing, and advanced connectivity. From groundbreaking solutions for semiconductor chip manufacturing, to enabling high-speed transmission within complex electronic systems, our high-performance materials and integration expertise make tomorrow’s technologies possible. More information about the company, its businesses and solutions can be found at www.qnityelectronics.com.
In the news
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Recent filings
3 filing
Other Events
Items 8.01
4 filing
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure
Items 5.02, 7.01, 9.01
4 filing
Show 5 more recent filings
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
SCHEDULE 13G/A - filed by VANGUARD PORTFOLIO MANAGEMENT LLC regarding Qnity Electronics, Inc.
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
Items 1.01, 2.03, 9.01
4 filing
Financials
FY 2025 · USDSource
Source
Source
Source
balance sheet · annual statements
| Line item | Q3 2025 | Q2 2026 | Q1 2026 | FY 2025 | FY 2024 |
|---|---|---|---|---|---|
| ASSETS | |||||
| AssetsUSD | 12,512,000,000Source | 14,331,000,000Source | 14,063,000,000Source | 14,070,000,000Source | 12,273,000,000Source |
| GoodwillUSD | 7,497,000,000Source | 7,518,000,000Source | 7,514,000,000Source | 7,522,000,000Source | 7,379,000,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 1,160,000,000Source | 1,015,000,000Source | 1,061,000,000Source | 1,111,000,000Source | 1,286,000,000Source |
| Current assets: | |||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 128,000,000Source | 961,000,000Source | 857,000,000Source | 915,000,000Source | 166,000,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | — | — | — | 656,000,000Source | 580,000,000Source |
| Inventory, NetUSD | 647,000,000Source | 730,000,000Source | 696,000,000Source | 661,000,000Source | 597,000,000Source |
| Assets, CurrentUSD | 1,621,000,000Source | 2,896,000,000Source | 2,682,000,000Source | 2,638,000,000Source | 1,483,000,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 44,000,000Source | 67,000,000Source | 90,000,000Source | 70,000,000Source | 38,000,000Source |
| Operating Lease, Right-of-Use AssetUSD | 122,000,000Source | 497,000,000Source | 502,000,000Source | 493,000,000Source | 127,000,000Source |
| Other Assets, NoncurrentUSD | 135,000,000Source | 660,000,000Source | 657,000,000Source | 654,000,000Source | 141,000,000Source |
| LIABILITIES AND EQUITY | |||||
| LiabilitiesUSD | 3,125,000,000Source | 6,785,000,000Source | 6,602,000,000Source | 6,704,000,000Source | 1,377,000,000Source |
| Stockholders’ equity: | |||||
| Preferred Stock, Value, IssuedUSD | — | 2,000,000Source | 2,000,000Source | 2,000,000Source | 0Source |
| Common Stock, Value, IssuedUSD | — | 2,000,000Source | 2,000,000Source | 2,000,000Source | 0Source |
| Additional Paid in CapitalUSD | — | 7,266,000,000Source | 7,276,000,000Source | 7,286,000,000Source | 0Source |
| Retained Earnings (Accumulated Deficit)USD | — | 260,000,000Source | 170,000,000Source | 18,000,000Source | 0Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -224,000,000Source | -269,000,000Source | -264,000,000Source | -213,000,000Source | -414,000,000Source |
| Stockholders' Equity Attributable to ParentUSD | 9,123,000,000Source | 7,261,000,000Source | 7,186,000,000Source | 7,095,000,000Source | 10,644,000,000Source |
| Liabilities and EquityUSD | 12,512,000,000Source | 14,331,000,000Source | 14,063,000,000Source | 14,070,000,000Source | 12,273,000,000Source |
| Current liabilities: | |||||
| Liabilities, CurrentUSD | 910,000,000Source | 1,442,000,000Source | 1,263,000,000Source | 1,356,000,000Source | 839,000,000Source |
| Operating Lease, Liability, CurrentUSD | 28,000,000Source | 44,000,000Source | 44,000,000Source | 43,000,000Source | 30,000,000Source |
| Accounts Payable, CurrentUSD | 590,000,000Source | 790,000,000Source | 699,000,000Source | 680,000,000Source | 528,000,000Source |
| Operating Lease, Liability, NoncurrentUSD | 97,000,000Source | 463,000,000Source | 466,000,000Source | 455,000,000Source | 100,000,000Source |
| Deferred Income Tax Liabilities, NetUSD | 189,000,000Source | 228,000,000Source | 259,000,000Source | 273,000,000Source | 259,000,000Source |
| Other Liabilities, NoncurrentUSD | 233,000,000Source | 1,038,000,000Source | 1,000,000,000Source | 992,000,000Source | 214,000,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 264,000,000Source | 285,000,000Source | 275,000,000Source | 271,000,000Source | 252,000,000Source |
| Additional Financial Items | |||||
| Accrued Liabilities, CurrentUSD | 166,000,000Source | 509,000,000Source | 379,000,000Source | 502,000,000Source | 150,000,000Source |
| Deferred Tax Liabilities, NetUSD | — | — | — | 228,000,000Source | 217,000,000Source |
| Long-term DebtUSD | — | — | — | 4,100,000,000Source | — |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | 223,000,000Source | 207,000,000Source | 136,000,000Source | 198,000,000Source | 162,000,000Source | 199,000,000Source | 729,000,000Source | 724,000,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||
| Depreciation, Depletion and AmortizationUSD | — | — | 94,000,000Source | 102,000,000Source | 97,000,000Source | 92,000,000Source | 98,000,000Source | 94,000,000Source | 376,000,000Source | 394,000,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | 10,000,000Source | 4,000,000Source | 20,000,000Source | 13,000,000Source |
| Changes in operating assets and liabilities: | ||||||||||
| Increase (Decrease) in Accounts PayableUSD | — | — | — | — | — | — | 72,000,000Source | 41,000,000Source | 119,000,000Source | 78,000,000Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | -79,000,000Source | -81,000,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | 135,000,000Source | 207,000,000Source | 1,273,000,000Source | 1,061,000,000Source |
| Cash flows from investing activities: | ||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | -123,000,000Source | -104,000,000Source | -285,000,000Source | -172,000,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | — | — | — | — | — | — | 1,000,000Source | 0Source | 0Source | -13,000,000Source |
| Cash flows from financing activities: | ||||||||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | -59,000,000Source | -109,000,000Source | -248,000,000Source | -848,000,000Source |
| Payments of Ordinary Dividends, Common StockUSD | — | — | — | — | — | — | 17,000,000Source | 0Source | 13,000,000Source | 0Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | -58,000,000Source | -4,000,000Source | 749,000,000Source | 27,000,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||
| Income Taxes Paid, NetUSD | — | — | — | — | — | — | — | — | 94,000,000Source | — |
| Additional Financial Items | ||||||||||
| Share-based Payment Arrangement, ExpenseUSD | — | — | — | — | 15,000,000Source | 4,000,000Source | 10,000,000Source | 4,000,000Source | 20,000,000Source | 13,000,000Source |
| Amortization of Intangible AssetsUSD | — | — | 51,000,000Source | 57,000,000Source | 50,000,000Source | 50,000,000Source | 52,000,000Source | 55,000,000Source | 207,000,000Source | 232,000,000Source |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement and CurtailmentUSD | — | — | -3,000,000Source | 0Source | — | — | — | — | -3,000,000Source | 0Source |
| DepreciationUSD | — | — | — | — | — | — | 46,000,000Source | 39,000,000Source | 169,000,000Source | 162,000,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | — | — | 1,000,000Source | -4,000,000Source | 0Source | -5,000,000Source | -7,000,000Source | 0Source | -4,000,000Source | 5,000,000Source |
| Gain (Loss) on Disposition of AssetsUSD | — | — | 1,000,000Source | 0Source | 5,000,000Source | 0Source | — | — | 1,000,000Source | 16,000,000Source |
| GoodwillUSD | — | — | 7,497,000,000Source | — | 7,518,000,000Source | — | 7,514,000,000Source | — | 7,522,000,000Source | 7,379,000,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | — | — | — | — | — | 729,000,000Source | 724,000,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | 15,000,000Source | 10,000,000Source | 11,000,000Source | 13,000,000Source | 13,000,000Source | 9,000,000Source | 47,000,000Source | 37,000,000Source |
| Income (Loss) from Equity Method Investments, Net of Dividends or DistributionsUSD | — | — | — | — | — | — | 13,000,000Source | 9,000,000Source | 5,000,000Source | -4,000,000Source |
| Income Tax Expense (Benefit)USD | — | — | 49,000,000Source | 43,000,000Source | 63,000,000Source | 57,000,000Source | 56,000,000Source | 47,000,000Source | 233,000,000Source | 177,000,000Source |
| Investment Income, InterestUSD | — | — | 0Source | 0Source | 4,000,000Source | 0Source | 3,000,000Source | 2,000,000Source | 4,000,000Source | 0Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | 12,000,000Source | 8,000,000Source | 12,000,000Source | 10,000,000Source | 11,000,000Source | 6,000,000Source | 37,000,000Source | 31,000,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | — | — | 124,000,000Source | 188,000,000Source | 151,000,000Source | 193,000,000Source | 692,000,000Source | 693,000,000Source |
| Nonoperating Income (Expense)USD | — | — | -1,000,000Source | -1,000,000Source | -27,000,000Source | -4,000,000Source | -5,000,000Source | 2,000,000Source | 11,000,000Source | 25,000,000Source |
| Other Nonoperating Income (Expense)USD | — | — | -1,000,000Source | 2,000,000Source | 5,000,000Source | 1,000,000Source | 1,000,000Source | 0Source | 3,000,000Source | 3,000,000Source |
| Payments of DividendsUSD | — | — | — | — | — | — | — | — | 13,000,000Source | — |
| Proceeds from Issuance of Common StockUSD | — | — | — | — | — | — | — | — | 1,000,000Source | 0Source |
| Proceeds from Issuance of Long-term DebtUSD | — | — | — | — | — | — | — | — | 4,100,000,000Source | 0Source |
| Restructuring Costs and Asset Impairment ChargesUSD | — | — | — | — | — | 2,000,000Source | -1,000,000Source | 17,000,000Source | 20,000,000Source | 8,000,000Source |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | — | —Source | —Source | — | — |
| Payments for Repurchase of Common Stock | — | — | — | — | — | — | —Source | —Source | — | — |
| Repayments of Long-term Debt | — | — | — | — | — | — | —Source | —Source | — | — |
| Net Income (Loss) Attributable to Parent | — | — | —Source | —Source | — | — | — | — | — | — |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | 1,276,000,000Source | 1,148,000,000Source | 1,429,000,000Source | 1,170,000,000Source | 1,315,000,000Source | 1,118,000,000Source | 4,754,000,000Source | 4,335,000,000Source |
| Cost of RevenueUSD | — | — | 701,000,000Source | 609,000,000Source | 763,000,000Source | 630,000,000Source | 697,000,000Source | 587,000,000Source | 2,559,000,000Source | 2,339,000,000Source |
| Gross Profit (Calculated) · Derived | — | — | — | — | — | — | — | — | — | — |
| Selling, General and Administrative ExpenseUSD | — | — | 159,000,000Source | 156,000,000Source | 200,000,000Source | 154,000,000Source | 173,000,000Source | 140,000,000Source | 620,000,000Source | 603,000,000Source |
| Other Nonoperating Income (Expense)USD | — | — | -1,000,000Source | 2,000,000Source | 5,000,000Source | 1,000,000Source | 1,000,000Source | 0Source | 3,000,000Source | 3,000,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | 272,000,000Source | 250,000,000Source | 199,000,000Source | 255,000,000Source | 218,000,000Source | 246,000,000Source | 962,000,000Source | 901,000,000Source |
| Income Tax Expense (Benefit)USD | — | — | 49,000,000Source | 43,000,000Source | 63,000,000Source | 57,000,000Source | 56,000,000Source | 47,000,000Source | 233,000,000Source | 177,000,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | 12,000,000Source | 8,000,000Source | 12,000,000Source | 10,000,000Source | 11,000,000Source | 6,000,000Source | 37,000,000Source | 31,000,000Source |
| Earnings Per Share, BasicUSD per share | — | — | 1.01Source | 0.95Source | 0.59Source | 0.9Source | 0.72Source | 0.92Source | 3.3Source | 3.31Source |
| Earnings Per Share, DilutedUSD per share | — | — | 1.01Source | 0.95Source | 0.59Source | 0.9Source | 0.72Source | 0.92Source | 3.3Source | 3.31Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 209,000,000Source | 209,000,000Source | 209,500,000Source | 209,400,000Source | 209,700,000Source | 209,400,000Source | 209,600,000Source | 209,400,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 209,000,000Source | 209,000,000Source | 210,200,000Source | 209,400,000Source | 210,300,000Source | 209,400,000Source | 209,800,000Source | 209,400,000Source |
| Additional Financial Items | ||||||||||
| Amortization of Intangible AssetsUSD | — | — | 51,000,000Source | 57,000,000Source | 50,000,000Source | 50,000,000Source | 52,000,000Source | 55,000,000Source | 207,000,000Source | 232,000,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | — | — | — | — | 0.08Source | — | — | — | 0.14Source | — |
| Current Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 312,000,000Source | 258,000,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | — | — | 1,000,000Source | -4,000,000Source | 0Source | -5,000,000Source | -7,000,000Source | 0Source | -4,000,000Source | 5,000,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | — | — | — | — | — | — | — | — | -222,000,000Source | -161,000,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | — | — | — | — | — | 729,000,000Source | 724,000,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | 15,000,000Source | 10,000,000Source | 11,000,000Source | 13,000,000Source | 13,000,000Source | 9,000,000Source | 47,000,000Source | 37,000,000Source |
| Investment Income, InterestUSD | — | — | 0Source | 0Source | 4,000,000Source | 0Source | 3,000,000Source | 2,000,000Source | 4,000,000Source | 0Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | — | — | 124,000,000Source | 188,000,000Source | 151,000,000Source | 193,000,000Source | 692,000,000Source | 693,000,000Source |
| Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost ComponentUSD | — | — | — | — | — | — | 1,000,000Source | 1,000,000Source | 9,000,000Source | 5,000,000Source |
| Nonoperating Income (Expense)USD | — | — | -1,000,000Source | -1,000,000Source | -27,000,000Source | -4,000,000Source | -5,000,000Source | 2,000,000Source | 11,000,000Source | 25,000,000Source |
| Research and Development ExpenseUSD | — | — | 92,000,000Source | 81,000,000Source | 98,000,000Source | 88,000,000Source | 94,000,000Source | 84,000,000Source | 354,000,000Source | 314,000,000Source |
| Net Income (Loss) Attributable to Parent | — | — | —Source | —Source | — | — | — | — | — | — |
Filing attachments
ex991-pressreleasex82126.htm · 8-K · 2026-08-21
EX-99.1 2 ex991-pressreleasex82126.htm EX-99.1 Document Exhibit 99.1 NEWS RELEASE Qnity Appoints Semiconductor Finance Veteran Ken Rizvi Chief Financial Officer WILMINGTON, Del. - August 21, 2026 - Qnity Electronics, Inc. ("Qnity") (NYSE: Q), a premier technology solutions leader across the semiconductor value chain, today announced that it has appointed Ken Rizvi, a seasoned semiconductor finance executive, as Senior Vice President and Chief Financial Officer, effective October 1. Micha…
Read attachment ↗ex991-pressreleasex11626.htm · 8-K · 2026-01-16
Exhibit 99.1 NEWS RELEASE Qnity Announces CFO Transition Matt Harbaugh Stepping Down Due to Health Reasons; Mike Goss to Serve as Interim CFO Company Reaffirms Full Year 2025 Financial Guidance WILMINGTON, Del. - January 16, 2026 - Qnity Electronics, Inc. (“Qnity”) (NYSE: Q), a premier technology solutions leader across the semiconductor value chain, today announced that Matt Harbaugh has stepped down from his role as Chief Financial Officer due to health reasons. Mike Goss, the Company’s c…
Read attachment ↗