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Materials·Q
Qnity Electronics, Inc. logo

Qnity Electronics, Inc.

NYSE · US

Electronic materials company supplying semiconductor and advanced packaging materials.

AI relevance

Represents the public electronics-materials platform formerly associated with DuPont exposure.

MaterialsPackaging

Price

$128.93

Change

-4.59 (-3.44%)

Market cap

$27.0B

52w range

$71–$177

Exchange

NYSE

Country

US

Jason's Chips

Subscribe or sign in with your Substack email for charts, exports, estimates, transcripts, filings, earnings, and news.

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Price chart

Q market performance

Daily close for Qnity Electronics, Inc.

$65.37$94.98$124.6$154.2$183.8Oct 25Jan 26Mar 26Jun 26Aug 26
Latest close
$129.2
Range move
+$33.93 (+35.6%)
Range high
$175.6
Range low
$73.54
Latest volume
954.4K
Source
FMP EOD
Downloads

Exports

Download statements, ratios, chart data, and transcript indexes.

CSV

Income statement

4 annual rows

Revenue, gross profit, R&D, operating income, EBITDA, net income, and EPS.

Annual

Balance sheet

3 annual rows

Cash, receivables, inventory, PP&E, assets, debt, liabilities, and equity.

Annual

Cash flow

4 annual rows

Operating cash flow, capital expenditures, and free cash flow.

Annual

Key metrics

4 annual rows

Enterprise value, valuation multiples, returns, yields, and cash conversion.

Annual

Ratios

4 annual rows

Margins, liquidity ratios, valuation ratios, leverage, and per-share metrics.

Annual

Chart data

206 rows

Five years of daily close and volume data powering the company chart.

Download

Transcript list

4 rows

Available earnings-call transcript dates by fiscal year and quarter.

Download
StreetBuy

Analyst expectations

Consensus target
$172.17
+33.5%
Target range
$134.00 - $189.00
Rating mix
Buy
4 ratings
Next FY revenue
$5.61B
2026-12-31
Next FY EPS
$4.55
$4.49 - $4.61
Rating consensus4 ratings

Strong buy

0

Buy

4

Hold

0

Sell

0

Strong sell

0

Annual estimates
PeriodRevenue avgRevenue rangeEPS avgEPS rangeEBITDA avgEBIT avgNet income avgSG&A avgAnalysts
2026-12-31$5.61B$5.58B - $5.63B$4.55$4.49 - $4.61$1.59B$1.09B$963.2M$720.3M6 rev / 4 EPS
2027-12-31$6.23B$6.10B - $6.45B$5.38$5.12 - $5.82$1.77B$1.21B$1.14B$799.7M6 rev / 4 EPS
2028-12-31$6.79B$6.28B - $7.44B$6.12$5.96 - $6.28$1.93B$1.32B$1.28B$872.3M7 rev / 2 EPS
2029-12-31$7.01B$6.82B - $7.30B$6.27$6.05 - $6.60$1.99B$1.37B$1.31B$900.8M3 rev / 1 EPS
2030-12-31$7.78B$7.57B - $8.09B$7.17$6.92 - $7.55$2.21B$1.52B$1.50B$998.7M5 rev / 1 EPS
Quarterly estimates
PeriodRevenue avgRevenue rangeEPS avgEPS rangeEBITDA avgEBIT avgNet income avgSG&A avgAnalysts
2026-09-30$1.49B$1.47B - $1.50B$1.19$1.17 - $1.21$422.6M$289.9M$251.2M$191.0M4 rev / 4 EPS
2026-12-30$1.41B$1.37B - $1.45B$1.09$1.05 - $1.16$400.7M$274.9M$229.5M$181.1M4 rev / 4 EPS
2027-03-30$1.47B$1.44B - $1.51B$1.19$1.16 - $1.23$418.5M$287.1M$250.9M$189.1M2 rev / 1 EPS
2027-06-30$1.58B$1.55B - $1.62B$1.36$1.32 - $1.40$449.7M$308.5M$285.4M$203.2M2 rev / 1 EPS
2027-09-30$1.66B$1.62B - $1.69B$1.46$1.42 - $1.51$470.6M$322.8M$307.4M$212.6M2 rev / 1 EPS
2027-12-30$1.57B$1.54B - $1.61B$1.36$1.32 - $1.40$447.1M$306.8M$285.3M$202.1M2 rev / 1 EPS
2028-03-30$1.62B$1.58B - $1.65B$1.35$1.31 - $1.39$459.2M$315.1M$283.4M$207.5M1 rev / 2 EPS
2028-06-30$1.70B$1.67B - $1.75B$1.50$1.46 - $1.55$484.6M$332.5M$315.2M$219.0M1 rev / 2 EPS
Price target history
WindowTargetsAverage target
Last month0$0.00
Last quarter3$184.67
Last year26$139.35
All time26$139.35

Sources: StreetInsider

Latest grade actions
DateFirmActionPreviousNew
2026-07-14RBC CapitalMaintainOutperformOutperform
2026-07-06BMO CapitalMaintainOutperformOutperform
2026-07-01MizuhoMaintainOutperformOutperform
2026-05-13MizuhoMaintainOutperformOutperform
2026-05-13RBC CapitalMaintainOutperformOutperform
2026-04-24RBC CapitalMaintainOutperformOutperform
2026-03-02RBC CapitalMaintainOutperformOutperform
2026-02-27KeybancMaintainOverweightOverweight
Historical rating snapshots
DateStrong buyBuyHoldSellStrong sell
2026-08-0116100
2026-07-0116100
2026-06-0116100
2026-05-0116100
2026-04-0126100
2026-03-0127100
2026-02-0127100
2026-01-0127000
FinancialsFY 2025

Financials

Revenue
$4.75B
Gross margin
41.8%
Operating income
$1.01B
Free cash flow
$988.0M
Cash + ST investments
$915.0M
Net debt
$4.07B
ROE
9.8%
ROIC
6.0%
EV / sales
4.5x
EV / EBITDA
15.1x
R&D / revenue
7.4%
Current ratio
1.9x
Income statement annual
PeriodRevenueGross profitGross marginR&DOperating incomeEBITDANet incomeEPS
FY 2025$4.75B$1.99B41.8%$354.0M$1.01B$1.40B$692.0M$3.30
FY 2024$4.33B$2.00B46.1%$311.0M$847.0M$1.29B$693.0M$3.31
FY 2023$4.04B$1.75B43.5%$303.0M$657.0M$1.03B$507.0M$2.42
FY 2022$4.75B$2.16B45.4%$329.0M$1.03B$1.37B$774.0M$3.70
Cash flow annual
PeriodOperating cash flowCapexFree cash flow
FY 2025$1.27B$285.0M$988.0M
FY 2024$1.06B$200.0M$861.0M
FY 2023$882.0M$231.0M$651.0M
FY 2022$1.15B$202.0M$951.0M
Balance sheet annual
PeriodCash + ST inv.ReceivablesInventoryPP&EAssetsDebtNet debtLiabilitiesEquity
FY 2025$915.0M$992.0M$661.0M$3.15B$14.07B$4.98B$4.07B$6.70B$7.09B
FY 2024$166.0M$682.0M$597.0M$1.68B$12.27B$191.0M$25.0M$1.38B$10.64B
FY 2023$139.0M$657.0M$534.0M$1.71B$12.52B$222.0M$83.0M$1.33B$10.94B
Annual ratios and key metrics
PeriodGross marginOp marginNet marginCurrentQuickROEROICEV / salesEV / EBITDAFCF yieldR&D / rev.Cash cycle
FY 202541.8%21.3%14.6%1.9x1.5x9.8%6.0%4.5x15.1x5.8%7.4%74d
FY 202446.1%19.5%16.0%1.8x1.1x6.5%5.9%4.6x15.5x4.3%7.2%80d
FY 202343.5%16.3%12.6%2.0x1.2x4.6%4.7%5.0x19.4x3.3%7.5%83d
FY 202245.4%21.7%16.3%0.0x0.0x0.0%0.0%0.0x0.0x4.8%6.9%0d
Annual growth
PeriodRevenueGross profitR&DOp incomeNet incomeEPSFCFCapexCash + ST inv.InventoryAssetsDebt
FY 2025+9.7%-0.6%+13.8%+19.7%-0.1%-0.3%+14.8%-42.5%+451.2%+10.7%+14.6%+2507.3%
FY 2024+7.4%+13.9%+2.6%+28.9%+36.7%+36.7%+32.3%+13.4%+19.4%+11.8%-1.9%-14.0%
FY 2023-15.1%-18.6%-7.9%-36.5%-34.5%-34.5%-31.5%-14.4%0.0%0.0%0.0%0.0%
FY 20220.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%--------
SegmentsFY 2025

Revenue Mix

Latest product mixFY 2025 · $4.75B
Semiconductor Technologies$2.64B · 55.6%
Interconnect Solutions$2.11B · 44.4%
Latest geography mixFY 2025 · $5.54B
Asia Pacific$3.75B · 67.7%
Other$745.0M · 13.5%
Americas$629.0M · 11.4%
EMEA$378.0M · 6.8%
Americas, Excluding The United States$38.0M · 0.7%
Product revenue annual
PeriodTotalSemiconductor TechnologiesInterconnect Solutions
FY 2025$4.75B$2.64B$2.11B
Geography revenue annual
PeriodTotalAsia PacificOtherAmericasEMEAAmericas, Excluding The United States
FY 2025$5.54B$3.75B$745.0M$629.0M$378.0M$38.0M
Transcripts4 on file

Transcripts

  • FY2026 · Q22026-08-04
  • FY2026 · Q12026-05-12
  • FY2025 · Q42026-02-26
  • FY2025 · Q32025-11-06
Events

Events

Next earnings

2026-11-17EPS est $1.18

Recent filings
  • 8-K2026-08-21
  • 42026-08-12
  • 42026-08-06
Latest news
  • Qnity Appoints Semiconductor Finance Veteran Ken Rizvi Chief Financial Officer

    Business Wire · 2026-08-21

  • Qnity Accelerates Advanced Node Materials Innovation with Next-Generation KLA Inspection Capabilities

    GuruFocus · 2026-08-20

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