Qnity Electronics, Inc. (Q)
NYSE: Q · Semiconductors & Related Devices · Wilmington, DE · filing with the SEC since 2025
Income statement, as filed
In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in millions. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 |
| Report filed | Feb 26, 2026 | · | · |
| Revenue | 4,754 | 4,335 | 4,035 |
| Cost of revenue | 2,559 | 2,339 | 2,280 |
| Research and development | 354 | 314 | 303 |
| Selling, general and administrative | 620 | 603 | 533 |
| Interest and investment income | 4 | 0 | 0 |
| Share of profit of equity-method investments | 47 | 37 | 16 |
| Other income (expense), net | 3 | 3 | 6 |
| Total non-operating income (expense) | 11 | 25 | 11 |
| Income before income taxes | 962 | 901 | 632 |
| Income tax expense | 233 | 177 | 99 |
| Income from continuing operations | 729 | 724 | 533 |
| Net income including non-controlling interests | 729 | 724 | 533 |
| Net income to non-controlling interests | 37 | 31 | 26 |
| Net income to common shareholders | 692 | 693 | 507 |
| Earnings per share, basic | 3.30 | 3.31 | 2.42 |
| Earnings per share, diluted | 3.30 | 3.31 | 2.42 |
| Weighted average shares, basic | 209.6 | 209.4 | 209.4 |
| Weighted average shares, diluted | 209.8 | 209.4 | 209.4 |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTaxCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfGoodsAndServicesSoldResearch and development spent on inventing what it sells next
us-gaap:ResearchAndDevelopmentExpenseSelling, general and administrative the cost of selling and of running the company
us-gaap:SellingGeneralAndAdministrativeExpenseInterest and investment income what its cash and investments earned
us-gaap:InvestmentIncomeInterestShare of profit of equity-method investments its share of companies it partly owns
us-gaap:IncomeLossFromEquityMethodInvestmentsOther income (expense), net gains and costs outside the business
us-gaap:OtherNonoperatingIncomeExpenseTotal non-operating income (expense) everything outside the business, together
us-gaap:NonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitIncome from continuing operations profit from the businesses it keeps
us-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterestNet income including non-controlling interests the whole group's profit, minority holders' share included
us-gaap:ProfitLossNet income to non-controlling interests the share that belongs to minority holders
us-gaap:NetIncomeLossAttributableToNoncontrollingInterestNet income to common shareholders what is left for common shareholders
us-gaap:NetIncomeLossAvailableToCommonStockholdersBasicEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding