Qnity Electronics, Inc. (Q) — Financial statements
Income statement, balance sheet, and cash flow for Qnity Electronics, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| Revenue & Gross Profit | |||||
| Revenue | 4,754↑9.7% | 4,335↑7.4% | 4,035↓15.1% | 4,755 | |
| Cost of Revenue | 2,766↑18.4% | 2,336↑2.5% | 2,280↓12.2% | 2,598 | |
| Gross Profit | 1,988↓0.6% | 1,999↑13.9% | 1,755↓18.6% | 2,157 | |
| Operating Expenses | |||||
| R&D Expenses | 354↑13.8% | 311↑2.6% | 303↓7.9% | 329 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 620↑0.5% | 617↑15.8% | 533↑2.9% | 518 | |
| Other Expenses | 0.00↓100.0% | 232↓11.5% | 262↓5.1% | 276 | |
| Operating Expenses | 974↓16.0% | 1,160↑5.6% | 1,098↓2.2% | 1,123 | |
| Total Costs & Expenses | 3,740↑7.2% | 3,488↑3.3% | 3,378↓9.2% | 3,721 | |
| Operating Results | |||||
| Operating Income | 1,014↑19.7% | 847↑28.9% | 657↓36.5% | 1,034 | |
| Depreciation & Amortization | 376↓4.6% | 394↓2.2% | 403↓2.7% | 414 | |
| EBITDA | 1,390↑7.6% | 1,292↑21.9% | 1,060↓26.8% | 1,448 | |
| EBIT | 1,014↑12.9% | 898↑36.7% | 657↓36.5% | 1,034 | |
| Interest & Other Income | |||||
| Net Interest Income | -61↑78.2% | -280 | 0.00 | 0.00 | |
| Interest Income | 4 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 65↓76.8% | 280 | 0.00 | 0.00 | |
| Non-Operating Income | 0.00↑100.0% | -54 | 0.00 | 0.00 | |
| Other Income / Expenses | -52↓196.3% | 54↑316.0% | -25↑69.5% | -82 | |
| Income Before Tax | 962↑6.8% | 901↑42.6% | 632↓33.6% | 952 | |
| Income Tax Expense | 233↑31.6% | 177↑78.8% | 99↓34.4% | 151 | |
| Net Income & EPS | |||||
| Net Income from Continuing Operations | 729↑0.7% | 724↑35.8% | 533↓33.5% | 801 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 692↓0.1% | 693↑36.7% | 507↓34.5% | 774 | |
| Bottom-Line Net Income | 692↓0.1% | 693↑36.7% | 507↓34.5% | 774 | |
| EPS (Basic) | 3.30↓0.3% | 3.31↑36.7% | 2.42↓34.5% | 3.70 | |
| EPS (Diluted) | 3.30↓0.3% | 3.31↑36.7% | 2.42↓34.5% | 3.70 | |
| Weighted Average Shares | 209↑0.0% | 209↑0.0% | 209↑0.0% | 209 | |
| Weighted Average Diluted Shares | 209↑0.0% | 209↑0.0% | 209↑0.0% | 209 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.