Qnity Electronics (Q) Q3 FY2026 earnings: revenue $1.6 billion, up 21.9% on the year
Qnity Electronics, Inc. (Q) reported revenue of $1.6 billion for Q3 FY2026, the quarter ended 30 September 2026, up 21.9% on the same quarter a year earlier. Net income was $183 million, down 13.3% on the year, and diluted earnings per share $0.87. The figures are the company's own, from the 10-Q it filed with the SEC on 4 November 2026.
Revenue
$1.6 billion
+21.9% on the year · +8.9% on the quarter
Q3 FY2024Q3 FY2026
Operating margin
n/a
Q3 FY2024Q3 FY2026
Net income
$183 million
-13.3% on the year · +47.6% on the quarter
Q3 FY2024Q3 FY2026
Diluted EPS
$0.87
-13.9% on the year · +47.5% on the quarter
Q3 FY2024Q3 FY2026
this quarterthe same quarter a year earlierHover a bar for its figure.
What management said
Guidance figures: 4 raised.
Net sales rose 22% in quarter: Third quarter net sales were $1,556 million against $1,276 million, up 22%, with organic sales also up 22%. Nine-month net sales were $4,300 million, up from $3,564 million.
Adjusted EPS up, GAAP EPS down: GAAP diluted EPS was $0.87 against $1.01, down 14%. Adjusted EPS was $1.46 against a pro forma $0.94, up 55%, with adjusted earnings of $306 million against $197 million.
Adjusted EBITDA reached $503 million: Adjusted Operating EBITDA was $503 million against $370 million on a pro forma basis. Nine-month Adjusted Operating EBITDA was $1,345 million against $1,053 million.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Operating cash flow
271
241
302
+12.4%
-10.3%
Capital expenditure
78.0
90.0
61.0
-13.3%
+27.9%
Free cash flow
193
151
241
+27.8%
-19.9%
Free cash flow margin
12.4%
10.6%
18.9%
Cash from investing
-75.0
-82.0
-61.0
Cash from financing
-53.0
-50.0
-286
Depreciation and amortisation
98.0
97.0
94.0
+1.0%
+4.3%
Share-based compensation
12.0
15.0
4.0
-20.0%
+200.0%
Buybacks
25.0
25.0
0.0
0.0%
Dividends paid
16.0
17.0
0.0
-5.9%
Dividend per share
$0.08
$0.08
n/a
0.0%
Diluted shares, weighted
210m
210m
209m
-0.1%
+0.5%
Shares outstanding at period end
209m
209m
209m
-0.1%
-0.2%
Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.
Balance sheet
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Shareholders' equity
7,591
7,261
9,123
+4.5%
-16.8%
Non-controlling interest
298
285
264
+4.6%
+12.9%
Debt
4,019
4,020
1,722
-0.0%
+133.4%
Operating lease liabilities
469
463
97.0
+1.3%
+383.5%
Other liabilities
2,340
2,302
1,306
+1.7%
+79.2%
Total liabilities and equity
14,717
14,331
12,512
+2.7%
+17.6%
Goodwill
7,530
7,518
7,497
+0.2%
+0.4%
Intangible assets
972
1,015
1,160
-4.2%
-16.2%
Cash and equivalents
1,124
961
128
+17.0%
+778.1%
Receivables
1,237
1,138
802
+8.7%
+54.2%
Inventory
775
730
647
+6.2%
+19.8%
Other assets
3,079
2,969
2,278
+3.7%
+35.2%
Total assets
14,717
14,331
12,512
+2.7%
+17.6%
Questions
What was Qnity Electronics' revenue in Q3 FY2026?
Qnity Electronics (Q) reported revenue of $1.6 billion for Q3 FY2026, the quarter ended 30 September 2026, up 21.9% on the same quarter a year earlier.
How much did Qnity Electronics earn in Q3 FY2026?
Net income for Q3 FY2026 was $183 million, down 13.3% on the year, and diluted earnings per share $0.87.
When did Qnity Electronics report Q3 FY2026 results?
Qnity Electronics filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 4 November 2026.
Each quarter as filed, linked to its filing. Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.
10-Q for the period ended 30 September 2026, filed 4 November 2026: the filing.