Qnity Electronics, Inc. (Q) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	5.2B	4.8B	4.3B	4.0B	4.8B
Cost of Revenue	3.0B	2.8B	2.3B	2.3B	2.6B
Gross Profit	2.3B	2.0B	2.0B	1.8B	2.2B
Operating Expenses
R&D Expense	374.0M	354.0M	311.0M	303.0M	329.0M
SG&A Expense	699.0M	620.0M	617.0M	533.0M	518.0M
General & Admin Expense	—	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	92.0M	—	232.0M	262.0M	276.0M
Total Operating Expenses	1.2B	974.0M	1.2B	1.1B	1.1B
Cost and Expenses	4.1B	3.7B	3.5B	3.4B	3.7B
Operating Income (EBIT)	1.1B	1.0B	847.0M	657.0M	1.0B
Non-Operating
Interest Income	2.0M	4.0M	—	—	—
Interest Expense	187.0M	65.0M	280.0M	—	—
Net Interest Income	(185.0M)	(61.0M)	(280.0M)	—	—
Other Non-Op Income/Expense	(211.0M)	(52.0M)	54.0M	(25.0M)	(82.0M)
Non-Operating Income (excl Interest)	24.0M	(13.0M)	(54.0M)	25.0M	82.0M
EBT (Pre-Tax Income)	878.0M	962.0M	901.0M	632.0M	952.0M
Income Tax Expense	248.0M	233.0M	177.0M	99.0M	151.0M
Bottom Line
Net Income	586.0M	692.0M	693.0M	507.0M	774.0M
Earnings from Cont. Ops	630.0M	729.0M	724.0M	533.0M	801.0M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	586.0M	692.0M	693.0M	507.0M	774.0M
Per Share
Basic EPS	$2.80	$3.30	$3.31	$2.42	$3.70
Diluted EPS	$2.80	$3.30	$3.31	$2.42	$3.70
Revenue Per Share	$24.86	$22.69	$20.70	$19.27	$22.70
Shares
Basic Shares Outstanding	209.6M	209.5M	209.4M	209.4M	209.4M
Diluted Shares Outstanding	210.3M	209.5M	209.4M	209.4M	209.4M
Profitability Metrics
EBITDA	1.4B	1.4B	1.3B	1.0B	1.4B
D&A	385.0M	376.0M	394.0M	403.0M	414.0M
EBIT	1.1B	1.0B	898.0M	632.0M	952.0M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026