Qnity Electronics Reports Strong Q3 2026 Results and Raises Full-Year 2026 Guidance

Qnity Electronics, Inc. (NYSE: Q) Q3 2026 Earnings Release

Key Financial Highlights

• Net Sales: $1,556 million, up 22% year-over-year compared to $1,276 million in Q3 2025.
  • Semiconductor Technologies: $797 million (vs. $693 million in Q3 2025).
  • Interconnect Solutions: $759 million (vs. $583 million in Q3 2025).
• Gross Margin / Adjusted Gross Margin: 47.8% ($743 million gross profit).
• GAAP Net Income: $196 million, down 12% year-over-year compared to $223 million in Q3 2025.
• GAAP Diluted EPS: $0.87, down 14% year-over-year from $1.01 in Q3 2025.
• Adjusted Operating EBITDA: $503 million, up 36% compared to pro forma $370 million in Q3 2025.
• Adjusted EPS: $1.46, up 55% compared to pro forma $0.94 in Q3 2025.

Raised Full-Year 2026 Guidance

Management raised its full-year 2026 outlook across all primary metrics:

• Net Sales: $5.77B – $5.83B
• Adjusted Operating EBITDA: $1.785B – $1.805B
• Adjusted EPS: $4.95 – $5.05
• Adjusted Free Cash Flow: $800M – $900M

Operational Context

This marks the company's tenth consecutive quarter of profitable growth and its first full year executing as an independent company following its spin-off from DuPont de Nemours, Inc. on November 1, 2025. Strong demand across advanced connectivity, AI, and high-performance computing continues to drive top-line and EBITDA expansion.