$Q · Qnity Electronics, Inc.
Qnity Electronics filed an 8-K reporting Q3 FY2026 results. Net sales rose 22% YoY to $1.556B, with Semiconductor Technologies at $797M and Interconnect Solutions at $759M. GAAP net income was $196M ($0.87 diluted EPS, down 14% YoY), while adjusted EPS was $1.46, up 55% YoY. Adjusted operating EBITDA reached $503M versus $370M a year ago. The company raised FY2026 guidance to $5.77B–$5.83B revenue, $1.785B–$1.805B adjusted EBITDA, $4.95–$5.05 adjusted EPS, and $800M–$900M adjusted free cash flow.
- Revenue of $1.556B, up 22% YoY from $1.276B.
- Adjusted EPS of $1.46, up 55% YoY from $0.94.
- GAAP EPS of $0.87, down 14% YoY from $1.01.
- Adjusted operating EBITDA of $503M versus $370M a year ago.
- FY2026 guidance raised to $5.77B–$5.83B revenue and $4.95–$5.05 adjusted EPS.
Extended-hours trading shows the stock at $125.03, up 5.16% versus the $118.89 regular close, indicating a positive reaction to the beat and raised guidance.
A 22% revenue jump, 55% adjusted EPS growth, and a full-year guidance raise signal strong momentum in the semiconductor supply chain.
Qnity, an S&P 500 constituent serving the semiconductor value chain, is benefiting from AI and high-performance-computing demand, with materials innovation cited as a driver of chip performance.
Risks include execution of the multi-year transformation plan, IT independence costs, and spin-off-related liabilities and disputes with DuPont.