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QQnity Electronics, Inc.
$140.54$29.4B
Overview & Verdict
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Q logoQnity Electronics, Inc.(Q)Earnings, Financials & Key Ratios

Q•NYSE
$140.54
42.6× P/E·Price updated Jul 7, 2026
SectorTechnologyIndustrySemiconductorsSub-IndustrySemiconductor Materials and Fab Consumables
AboutQnity Electronics, Inc. focuses on the provision of electronic solutions and materials used in semiconductor chip manufacturing and advanced electronic materials. The company was formerly known as Novus SpinCo 1, Inc. and changed its name to Qnity Electronics, Inc. in April 2025. Qnity Electronics, Inc. is based in Wilmington, Delaware.Show more
  • Revenue$4.75B+9.7%
  • EBITDA$1.39B+12.0%
  • Net Income$692M-0.1%
  • EPS (Diluted)3.30-0.3%
  • Gross Margin41.82%-9.3%
  • EBITDA Margin29.24%+2.1%
  • Operating Margin21.33%+9.2%
  • Net Margin14.56%-8.9%
  • ROE7.58%+20.7%

Q Price & Volume

Qnity Electronics, Inc. (Q) stock price & volume — 10-year historical chart

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Qnity Electronics Navigates Post Spin-off Growth Trajectory

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Accelerating
Profitability:Strong
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Geopolitical supply chain concentration

Key Thesis Takeaways

  • Qnity Electronics is successfully capturing semiconductor recovery trends, evidenced by 17.6% year-over-year revenue growth in 2026Q1, while transitioning into a standalone entity.
  • The company's ability to maintain a 43.0% gross margin suggests strong pricing power, though investors should monitor the volatility in cash conversion and the high concentration of $7.5B in goodwill.
  • Future performance hinges on balancing aggressive capital deployment, currently at a 9.3% CapEx/Rev ratio, with the need to stabilize working capital cycles.

Verdict Logic

while the company demonstrates strong revenue growth of 17.6%, the current P/E of 47.89 and volatile cash conversion ratios warrant a cautious wait-and-see approach until capital intensity stabilizes.

Q Growth Metrics

Qnity Electronics, Inc. (Q) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-
3 Years-
TTM-

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-

Return on Capital

10 Years7.08%
5 Years7.08%
3 Years7.08%
Last Year8.4%

Q Recent Earnings

Qnity Electronics, Inc. (Q) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 3/7 qtrs (100%)●Beat Revenue 3/7 qtrs (100%)
Q2 2026Latest
May 12, 2026
Metric
Actual
Est
EPS
$1.08+17.1%
$0.92
Rev
$1.3B+3.5%
$1.3B
Q1 2026
Feb 26, 2026
Metric
Actual
Est
EPS
$0.82+30.6%
$0.63
Rev
$1.2B+2.8%
$1.2B
Q4 2025
Nov 6, 2025
Metric
Actual
Est
EPS
$0.74+13.0%
$0.66
Rev
$1.3B+6.9%
$1.2B
Q3 2025
Jun 30, 2025
Metric
Actual
Est
EPS
$0.90
—
Rev
$1.2B
—
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 12, 2026
$1.08vs $0.92+17.1%
$1.3Bvs $1.3B+3.5%
Q1 2026Feb 26, 2026
$0.82vs $0.63+30.6%
$1.2Bvs $1.2B+2.8%
Q4 2025Nov 6, 2025
$0.74vs $0.66+13.0%
$1.3Bvs $1.2B+6.9%
Q3 2025Jun 30, 2025
$0.90
$1.2B
Based on last 7 quarters of dataView full earnings history →

Latest Q News

Recent stock market news and headlines for Qnity Electronics, Inc. (Q)

Business Wire·1 day ago
Qnity Schedules Second Quarter 2026 Earnings Release and Conference Call

WILMINGTON, Del.--(BUSINESS WIRE)--Qnity Electronics, Inc. (“Qnity”) (NYSE: Q), will release its second quarter 2026 financial results before the opening of the market on Tuesday, August 4, 2026. In addition, the company will host a conference call at 8:00 a.m. ET that day. Investors can join the conference call via telephone by dialing (800) 343-5172 (domestic) or +1 (203) 518-9856 (international) and using the participant code QNITY. An audio-only live webcast and presentation materials, alon.

GuruFocus·Jun 26, 2026
Apogee Enterprises Reports Fiscal 2027 First Quarter Results

Apogee Enterprises, Inc. (Nasdaq: APOG), a leading provider of architectural building products and services, as well as high-performance coated materials used

Business Wire·Jun 24, 2026
Qnity Announces Third Quarter 2026 Dividend on Common Stock

WILMINGTON, Del.--(BUSINESS WIRE)--Qnity Electronics, Inc. (“Qnity”) (NYSE: Q), a premier technology solutions leader across the semiconductor value chain, announced that its Board of Directors has declared a quarterly dividend of 0.08 cents ($0.08) per share for each share of issued and outstanding common stock of the Company (par value $0.01 per share). The dividend will be payable on September 15, 2026 to stockholders of record on August 31, 2026. Learn about how Qnity is powering the next l.

Business Wire·Jun 22, 2026
Qnity Powers the Transition from Shrink to Stack with Advanced Packaging Solutions

WILMINGTON, Del.--(BUSINESS WIRE)--Qnity Electronics, Inc. (“Qnity”) (NYSE: Q), a premier technology solutions leader across the semiconductor value chain, today announced the launch of its Advanced Packaging Innovation Hub, underscoring advanced packaging as a strategic growth driver and innovation priority for the company. The new online platform showcases Qnity's breadth of material and technology solutions designed for advanced packaging, enabling the next generation of artificial intellige.

Seeking Alpha·Jun 16, 2026
Qnity Electronics, Inc. (Q) Presents at 3rd Annual Materials of the Future Conference Transcript

Qnity Electronics, Inc. (Q) Presents at 3rd Annual Materials of the Future Conference Transcript

Peers Comparison

Key metrics vs top competitors for Qnity Electronics, Inc. (Q)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
Q logoQQnity Electronics, Inc.Current
$140.54$29.42B42.599.67%14.56%7.58%0.04%
AVT logoAVTAvnet, Inc.
$81.48$6.67B29.63-6.55%0.86%4.33%—
ARW logoARWArrow Electronics, Inc.
$193.88$9.91B17.7410.49%2.17%11.03%—
SNX logoSNXTD Synnex Corp
$235.67$18.85B23.696.94%1.63%13.12%—
BHE logoBHEBenchmark Electronics, Inc.
$81.01$2.91B119.130.11%1.27%3.1%—
PLXS logoPLXSPlexus Corp.
$255.94$6.86B40.891.82%4.35%12.83%—

Compare Q vs Peers

Qnity Electronics, Inc. (Q) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs AVT

Most directly comparable listed peer for Q.

Scale Benchmark

vs TXN

Larger-name benchmark to compare Q against a more recognizable public peer.

Peer Set

Compare Top 5

vs AVT, ARW, SNX, BHE

Q SEC Filings & Documents

Qnity Electronics, Inc. (Q) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 22, 2026·SEC

Material company update

May 12, 2026·SEC

Material company update

Feb 26, 2026·SEC

10-K Annual Reports

1
FY 2026

Feb 26, 2026·SEC

10-Q Quarterly Reports

2
FY 2026

May 12, 2026·SEC

FY 2025

Nov 18, 2025·SEC

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Q Frequently Asked Questions

Qnity Electronics, Inc. (Q) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Qnity Electronics, Inc.'s revenue?

Qnity Electronics, Inc. (Q) reported $4.95B in revenue for fiscal year 2025. This represents a 23% increase from $4.04B in 2023.

How fast is Qnity Electronics, Inc. growing?

Qnity Electronics, Inc. (Q) grew revenue by 9.7% over the past year. This is steady growth.

Is Q profitable?

Yes, Qnity Electronics, Inc. (Q) is profitable, generating $650.0M in net income for fiscal year 2025 (14.6% net margin).

Dividend & Returns
Does Q pay dividends?

Qnity Electronics, Inc. (Q) does not currently pay a meaningful dividend. The company may be reinvesting profits for growth.

What is Q's return on equity?

Qnity Electronics, Inc. (Q) has a return on equity (ROE) of 7.6%. This is below average, suggesting room for improvement.

What is Qnity Electronics, Inc.'s free cash flow?

Qnity Electronics, Inc. (Q) generated $898.0M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in Q back in 2023?

Total return calculator · dividends reinvested · 3+ years of data

See returns →