Q · XBRL financial data

Qnity Electronics financial statements, every quarter

The same tables from 4 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (Q's year ends in late December)

In millions of dollars	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26†Mar 31, 2026	Q2 FY26Jun 30, 2026
Revenue from contracts with customers	1,276	1,190*	1,315	1,429
Cost of goods and services sold	701	641*	697	763
Research and development	92	90*	94	98
Selling, general and administrative	159	167*	173	200
Interest income	0	2*	3	4
Other income (expense)	(1)	3*	1	5
Income tax expense (benefit)	49	80*	56	63
Net income (loss)	211	—	—	—
Earnings per share, basic‡ USD per share	2.02	—	0.72	0.59
Earnings per share, diluted‡ USD per share	2.02	—	0.72	0.59
Weighted average shares, basic‡ millions of shares	105	—	210	210
Weighted average shares, diluted‡ millions of shares	105	—	210	210

‡ Per-share figures and share counts are adjusted for the 1-for-2 stock split (June 2026); filings made before it reported them unadjusted.
† Share count changed about 2x in the period ending 2026-03-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal quarters (Q's year ends in late December)

In millions of dollars	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26†Mar 31, 2026	Q2 FY26Jun 30, 2026
Cash and cash equivalents	128	915	857	961
Accounts receivable	—	656	—	—
Inventory	647	661	696	730
Prepaid and other current assets	44	70	90	67
Total current assets	1,621	2,638	2,682	2,896
Right-of-use asset	122	493	502	497
Goodwill	7,497	7,522	7,514	7,518
Total assets	12,512	14,070	14,063	14,331
Accounts payable	590	680	699	790
Accrued liabilities	166	502	379	509
Total current liabilities	910	1,356	1,263	1,442
Lease liability, non-current	97	455	466	463
Total liabilities	3,125	6,704	6,602	6,785
Retained earnings	—	18	170	260
Total stockholders' equity	9,123	7,095	7,186	7,261
Total liabilities and equity	12,512	14,070	14,063	14,331
Common shares outstanding (cover page)‡ millions of shares	105	105	209	209

‡ Per-share figures and share counts are adjusted for the 1-for-2 stock split (June 2026); filings made before it reported them unadjusted.
† Share count changed about 2x in the period ending 2026-03-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal quarters (Q's year ends in late December)

In millions of dollars	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26†Mar 31, 2026	Q2 FY26Jun 30, 2026
Net income (loss)	211	—	—	—
Stock-based compensation	4*	8*	10	15*
Depreciation and amortization	94	96*	98	97
Net cash from operating activities	302*	491*	135	241*
Net cash from investing activities	(61)*	(71)*	(123)	(82)*
Proceeds from issuing common stock	—	year only	—	—
Share repurchases	—	—	25	25*
Dividends paid	—	year only	17	17*
Proceeds from long-term debt	—	2,350*	—	—
Repayments of long-term debt	—	—	6	6*
Net cash from financing activities	(286)*	368*	(59)	(50)*
Net change in cash	(51)*	787*	(58)	104*

† Share count changed about 2x in the period ending 2026-03-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

SIC 3674 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3674 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Qnity Electronics	961	1,429	241*	209.2M	Q2 FY26 10-QJun 30, 2026
Flex	3,083	8,491	501*	369.5M	Q2 FY27 10-QSep 25, 2026
Hubbell	335	1,873	323*	52.8M	Q3 FY26 10-QSep 30, 2026
Celestica	3,961	5,830	390	126.1M	Q3 FY26 10-QSep 30, 2026
First Solar	1,576	1,231	(43)*	107.5M	Q3 FY26 10-QSep 30, 2026
On Semiconductor	4,158	1,722	516*	389.3M	Q3 FY26 10-QOct 2, 2026
TTM Technologies	876	1,204	155*	105.4M	Q3 FY26 10-QSep 28, 2026
Jabil	1,739	10,616*	733*	103.0M	Q4 FY26 10-KAug 31, 2026
Monolithic Power Systems	561	1,202	290*	48.8M	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.