Qnity Electronics, Inc. (Q) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 1.31B | 1.19B | 1.28B | 1.17B | 1.12B |
| Revenue Growth % | 17.62% | - | - | - | - |
| Cost of Goods Sold | 749M | 692M | 752M | 680M | 642M |
| COGS % of Revenue | 56.96% | 58.15% | 58.93% | 58.12% | 57.42% |
| Gross Profit | 566M | 498M | 524M | 490M | 476M |
| Gross Margin % | 43.04% | 41.85% | 41.07% | 41.88% | 42.58% |
| Gross Profit Growth % | 18.91% | - | - | - | - |
| Operating Expenses | 267M | 257M | 251M | 242M | 224M |
| OpEx % of Revenue | 20.3% | 21.6% | 19.67% | 20.68% | 20.04% |
| Selling, General & Admin | 173M | 167M | 159M | 154M | 140M |
| SG&A % of Revenue | 13.16% | 14.03% | 12.46% | 13.16% | 12.52% |
| Research & Development | 94M | 90M | 92M | 88M | 84M |
| R&D % of Revenue | 7.15% | 7.56% | 7.21% | 7.52% | 7.51% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 299M | 241M | 273M | 248M | 252M |
| Operating Margin % | 22.74% | 20.25% | 21.39% | 21.2% | 22.54% |
| Operating Income Growth % | 18.65% | - | - | - | - |
| EBITDA | 397M | 337M | 367M | 340M | 346M |
| EBITDA Margin % | 30.19% | 28.32% | 28.76% | 29.06% | 30.95% |
| EBITDA Growth % | 14.74% | - | - | - | - |
| D&A (Non-Cash Add-back) | 98M | 96M | 94M | 92M | 94M |
| EBIT | 299M | 241M | 273M | 248M | 252M |
| Net Interest Income | -61M | -49M | -14M | 0 | 2M |
| Interest Income | 0 | 2M | 0 | 0 | 2M |
| Interest Expense | 61M | 51M | 14M | 0 | 0 |
| Other Income/Expense | -81M | -52M | -1M | 7M | -6M |
| Pretax Income | 218M | 189M | 272M | 255M | 246M |
| Pretax Margin % | 16.58% | 15.88% | 21.32% | 21.79% | 22% |
| Income Tax | 56M | 80M | 49M | 57M | 47M |
| Effective Tax Rate % | 25.69% | 42.33% | 18.01% | 22.35% | 19.11% |
| Net Income | 151M | 100M | 211M | 188M | 193M |
| Net Margin % | 11.48% | 8.4% | 16.54% | 16.07% | 17.26% |
| Net Income Growth % | -21.76% | - | - | - | - |
| Net Income (Continuing) | 162M | 109M | 223M | 198M | 199M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 275M | 271M | 264M | 268M | 256M |
| EPS (Diluted) | 0.72 | 0.48 | 1.01 | 0.90 | 0.92 |
| EPS Growth % | -21.87% | - | - | - | - |
| EPS (Basic) | 0.72 | 0.48 | 1.01 | 0.90 | 0.92 |
| Diluted Shares Outstanding | 210.3M | 209.48M | 209.46M | 209.43M | 209.43M |
| Basic Shares Outstanding | 209.7M | 209.48M | 209.46M | 209.43M | 209.43M |
| Dividend Payout Ratio | 11.26% | 13% | - | - | - |