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

The quarter ended September 30, 2026 and Qnity Electronics published the results on November 4, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Qnity Electronics reports EPS two ways: GAAP, under the accounting rules every US filer follows, and Adjusted EPS, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• Qnity was spun off from DuPont on November 1, 2025. Its Q3 2025 figures are carve-out results from before the spin-off, and the year-ago Adjusted EPS of $0.94 is Qnity's Adjusted Pro Forma EPS, which adds interest on its current debt and standalone costs as if the spin-off had happened on January 1, 2025.
• Net income shown is net income available for Qnity common stockholders, after $13 million attributable to noncontrolling interests.

Source: Qnity Q3 2026 results, November 4, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How Qnity Electronics splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Qnity Electronics's Semiconductor Technologies revenue was $797 million in Q3 2026, up 15% from $693 million in Q3 2025, 51% of total revenue.
• Qnity Electronics's Interconnect Solutions revenue was $759 million in Q3 2026, up 30% from $583 million in Q3 2025, 49% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

In its Q3 2026 release, Qnity Electronics said:

“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”

Source: Qnity Q3 2026 release, Nov 4, 2026.

This is the company's own guidance as of Nov 4, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the Q forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP net sales and diluted EPS, each as first reported. Q3 2025 comes from Qnity's first 10-Q, filed November 18, 2025; its November 6, 2025 release gave only estimated carve-out results ($1,275 million of net sales). Quarters before Q4 2025 predate the spin-off from DuPont.

We do not hold a confirmed date for Qnity Electronics's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Nov 4, 2026

Qnity Electronics sells materials used to make and package chips, through two segments. In Q3 2026 Semiconductor Technologies, which supplies materials used across multiple stages of semiconductor manufacturing, had net sales of $797 million. Interconnect Solutions, which supplies materials for printed circuit boards and advanced semiconductor packaging that address signal integrity and thermal and power management, had $759 million. Net sales were $1,556 million, up 22%. (Qnity Q3 2026 release, Nov 4, 2026; Qnity Form 10-Q, Q3 2026, Nov 4, 2026)

Qnity's growth came from volume. For the company, local price and product mix and currency were both flat and volume added 22%. Semiconductor Technologies rose 15% on a 16% volume increase, partly offset by currency, which the 10-Q puts down to higher customer utilization rates and AI-driven demand in advanced nodes. Interconnect Solutions rose 30% on 29% volume growth from AI technology ramps and share gains in advanced packaging, AI PCBs and thermal management. (Qnity Q3 2026 release, Nov 4, 2026; Qnity Form 10-Q, Q3 2026, Nov 4, 2026)

Most of Qnity's sales are in Asia. Asia Pacific accounted for $1,241 million of Q3 2026 net sales, including $539 million in China, $240 million in Taiwan and $213 million in South Korea. Sales in the United States were $189 million. (Qnity Form 10-Q, Q3 2026, Nov 4, 2026)

Two chipmakers are each about a tenth of Qnity's business. Samsung Electronics accounted for 10% of Q3 2026 net sales (11% a year earlier) and TSMC for 10% (8% a year earlier), and the 10-Q says most of the sales to both are in Semiconductor Technologies. (Qnity Form 10-Q, Q3 2026, Nov 4, 2026)

Qnity's GAAP diluted EPS fell to $0.87 from $1.01 while Adjusted EPS rose to $1.46. Adjusted EPS excludes transformation, integration and other charges ($53 million, of which about $35 million was for IT independence from DuPont), amortization of intangibles ($50 million) and $39 million of indirect legacy costs under cost-sharing arrangements with DuPont. The year-ago $0.94 is a pro forma figure that adds $50 million of after-tax interest on Qnity's current debt. (Qnity Q3 2026 release, Nov 4, 2026)

Qnity's GAAP results now carry the cost of the debt it took on at the spin-off. Interest expense was $64 million in Q3 2026, against $14 million a year earlier, and long-term debt was $3,996 million at September 30, 2026. The GAAP effective tax rate was 20.6% and the Base Tax Rate, which excludes the adjusted items, was 18.8%. (Qnity Q3 2026 release, Nov 4, 2026)

Diluted shares were 210.0 million in Q3 2026, against 209.4 million a year earlier. Qnity repurchased $75 million of common stock and paid $50 million of dividends in the first nine months of 2026, and has declared quarterly dividends of $0.08 per share. (Qnity Q3 2026 release, Nov 4, 2026; Qnity Form 10-Q, Q3 2026, Nov 4, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Qnity gives full-year guidance in its release and raised it with Q3 2026. It now expects 2026 net sales of $5.77 billion to $5.83 billion, Adjusted Operating EBITDA of $1.785 billion to $1.805 billion, Adjusted EPS of $4.95 to $5.05 and Adjusted Free Cash Flow of $800 million to $900 million. (Qnity Q3 2026 release, Nov 4, 2026)

Qnity does not reconcile those adjusted measures to GAAP, saying items such as significant items, indirect legacy costs, transformation charges and share-based compensation cannot be estimated without unreasonable effort. (Qnity Q3 2026 release, Nov 4, 2026)

A consensus figure is the average of the models published by the analysts who cover Qnity Electronics, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Qnity Electronics's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning Q is on is Q a buy or a sell?, what analysts expect next is on the Q forecast, and what the company does is on the Qnity Electronics, Inc. (Q) stock page.

Every number on this page can be traced to a document Qnity Electronics published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.