Q · Qnity Electronics, Inc.
$109.83
+1.05 (+0.97%)
At close · Oct 23
Return incl. dividend (before tax)
Market Cap
$22.98B
Shares
209.21M
Volume · Oct 23
1.9M
Avg daily vol (3M)
1.73M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$109.83
Open$108.00
Day$105.01–110.26
52W close$73.54–175.64
Avg vol 30d1.6M
Short int4.6M · 2.2% float · 3.0d
Short vol31%
Last earningsNov 4, 2026
DataOct 2025–Oct 2026
Filing10-Q · Aug 4
Up next
Next earnings call
Oct 28, 2026
Scheduled
· this week
filed Aug 4, 2026
call held Aug 4, 2026
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
$5.21B
Trailing 12 months
Net income (TTM)
$630.00M
Trailing 12 months
Revenue growth YoY
+22.1%
Year over year
Operating margin
—
Trailing 12 months
P / E (TTM)
39.4
Trailing earnings · reciprocal yield 2.5%
FCF yield
3.6%
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
−$3.06B
Latest balance sheet
Dividend yield
0.3%
Trailing 12 months
Shares change YoY
+0.4%
Year over year · more shares
Price change (1Y)
—
Trailing year
Short interest
2.2%
Latest settlement · 3.0 days to cover
Quarterly results
* Q4 derived as the full year minus Q1 to Q3.
AI Brief
Q2 FY26 earnings call · Aug 4, 2026
Q2 FY26
TL;DR. Qnity reported Q2 net sales of $1.4B (up 22% YoY, organic +22%) with adjusted EPS of $1.19 (up 53%) and raised full-year 2026 guidance for net sales, adjusted EBITDA, adjusted EPS, and adjusted free cash flow on continued AI-driven momentum across both segments.
Bullish
- + Adjusted EPS grew 53% YoY to $1.19 and adjusted operating EBITDA grew 24% to $431M. new
- + Interconnect Solutions delivered 28% organic sales growth, with AI/advanced packaging, AI PCBs and thermal platforms collectively up more than 50% YoY. new
- + Advanced node portfolio grew more than 20% YoY in Q2 as customers successfully ramped 3nm, 2nm, 18A, HBM3 and HBM4 technologies. new
- + Raised full-year 2026 guidance: net sales to $5.55B-$5.65B, adjusted EBITDA to $1.675B-$1.725B, adjusted EPS to $4.40-$4.60, and adjusted free cash flow to $600M-$700M. new
Bearish
- − GAAP net income declined 31% YoY to $136M and GAAP EPS fell 34% to $0.59, reflecting transformation, integration and other charges of $42M. new
- − Semiconductor Technologies adjusted EBITDA margin of ~34% was down year-over-year due to product mix and continued growth investments. new
- − About $20M of input/logistics cost headwinds from earlier in the year continue to pressure margins, though offsetting pricing actions are in place. new
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceOverall
Sell
SellHoldBuy
Technical
Sell
Momentum
Weak
Sentiment
Bullish
Fundamentals
Strong
Quant / Vol
Very High
Market backdrop
VIX 19.5 · elevated
Equity put/call 0.67
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−15%
below
Price vs 50-day avg
−11%
below
RSI (14)
33
neutral
MACD trend
Negative
52-week position
36%
mid-range
Momentum
relative strength
1-month return
−12%
trailing
6-month return
−22%
trailing
YTD return
+35%
this year
Relative strength
−28%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $124 › 200d $129 — 200d above 50d
Institutional flow
Accumulating
343 of 1,347 funds reported for Sep 30 · net +59.7K sh shares · +27 new
Insider flow
Accumulating
Net +$138.1K over 90 days · 0% sells
Short interest
Rising
2.19% of float · ▲ +2.5% MoM · 3.0 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
1,347 holders — near 1-yr high, broad support
Squeeze score
61
elevated · 0–100
Fundamentals
Revenue growth
+10%
Y/Y
EPS growth
−0%
Y/Y
Valuation
P/E 39.2
below peers
Buyback
$450.0M
remaining
Balance sheet
$3.1B
net debt
Quant / Vol
risk profile
Volatility
55%
annualized · 1-yr
Max drawdown
−38%
past year
ATR
4.9%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the Earnings Call filed Aug 4, 2026
Net sales
· full year
Raised
$5.55B – $5.65B
May 12, 2026
$5.23B – $5.38B
changed to
Aug 4, 2026
$5.55B – $5.65B
prior FY $4.75B
midpoint +17.8% Y/Y
Adjusted operating EBITDA
· full year
Non-GAAP
Raised
$1.68B – $1.73B
May 12, 2026
$1.54B – $1.63B
changed to
Aug 4, 2026
$1.68B – $1.73B
Adjusted EPS
· full year
Non-GAAP
Raised
$4.40 – $4.60
May 12, 2026
$3.80 – $4.14
changed to
Aug 4, 2026
$4.40 – $4.60
Adjusted free cash flow
· full year
Non-GAAP
Raised
$600M – $700M
May 12, 2026
$500M – $600M
changed to
Aug 4, 2026
$600M – $700M
Prior guidance
period ended
· from the Earnings Call filed Apr 29, 2026
Net sales
· full year 2025
$4.7B
Adjusted pro forma operating EBITDA
· full year 2025
$1.4B
Adjusted EBITDA margin as a percentage of net sales
· full year 2025
30%
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Sell
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−15%
Bearish
Price vs 50-day avg
−11%
Bearish
RSI (14)
33
Neutral
MACD trend
Negative
Bearish
52-week position
36%
Neutral
Market signals — smart money & positioning
Bullish · 3 of 6
Trend (MA cross)
No cross
50d $124 › 200d $129 — 200d above 50d
Institutional flow
Accumulating
343 of 1,347 funds reported for Sep 30 · net +59.7K sh shares · +27 new
Insider flow
Accumulating
Net +$138.1K over 90 days · 0% sells
Short interest
Rising
2.19% of float · ▲ +2.5% MoM · 3.0 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
1,347 holders — near 1-yr high, broad support
Price context
position in its 52-week range
Range low $74
Now $110 · 36%
Range high $176
vs 200-day avg -15%
vs 50-day avg -11%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted Earnings non-GAAP | $476M | Six Months Ended Jun 30, 2026 | — |
| Adjusted Earnings Per Share non-GAAP | $1.19 | Q2 2026 | — |
| Adjusted Earnings, net of tax non-GAAP | $250M | Q2 2026 | — |
| Adjusted Free Cash Flow non-GAAP | $287M | Six Months Ended Jun 30, 2026 | — |
| Adjusted Gross Profit non-GAAP | $666M | Q2 2026 | — |
| Adjusted Operating EBITDA non-GAAP | $842M | Six Months Ended Jun 30, 2026 | — |
| Adjusted Operating EBITDA Margin non-GAAP | 30.7% | Six Months Ended Jun 30, 2026 | — |
| Adjusted Pro Forma Base Tax Rate non-GAAP | 20.3% | Six Months Ended Jun 30, 2026 | — |
| Adjusted Pro Forma Earnings non-GAAP | $476M | Six Months Ended Jun 30, 2026 | — |
| Adjusted Pro Forma Earnings Per Share non-GAAP | $2.26 | Six Months Ended Jun 30, 2026 | — |
| Adjusted Pro Forma Free Cash Flow non-GAAP | $287M | Six Months Ended Jun 30, 2026 | — |
| Adjusted Pro Forma Gross Profit non-GAAP | $1.28B | Six Months Ended Jun 30, 2026 | — |
| Adjusted Pro Forma Operating EBITDA non-GAAP | $842M | Six Months Ended Jun 30, 2026 | — |
| Adjusted Pro Forma Operating EBITDA Margin non-GAAP | 30.7% | Six Months Ended Jun 30, 2026 | — |
| Average price paid per share | $136.51 | the three months ended June 30, 2026 filing | — |
| Average share price of repurchases under the $500M Authorization | $136.51 | the three months ended June 30, 2026 filing | — |
| Base Tax Rate non-GAAP | 20.3% | Six Months Ended Jun 30, 2026 | — |
| Corporate Adjusted Operating EBITDA non-GAAP | -19M | the three months ended June 30, 2026 filing | — |
| Interconnect Solutions Segment Adjusted Operating EBITDA non-GAAP | 197M | the three months ended June 30, 2026 filing | — |
| Semiconductor Technologies Segment Adjusted Operating EBITDA non-GAAP | 253M | the three months ended June 30, 2026 filing | — |
| Share repurchases under the $500M Authorization | $25M | the three months ended June 30, 2026 filing | — |
| Shares repurchased under the $500M Authorization | 183,107 | the three months ended June 30, 2026 filing | — |
| Total number of shares purchased | 183,107 | the three months ended June 30, 2026 filing | — |
| Total Segment Adjusted Operating EBITDA non-GAAP | 450M | the three months ended June 30, 2026 filing | — |
| Volume change - Interconnect Solutions | 28% | the three months ended June 30, 2026 filing | — |
| Volume change - Semiconductor Technologies | 18% | the three months ended June 30, 2026 filing | — |
| Volume change - Total | 23% | the three months ended June 30, 2026 filing | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Semiconductor Equipment & Materials — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
Q
this stock
Qnity Electronics, Inc.
|
$22.98B | +34.5% | +9.7% | 39.2 | 2.2% |
|
ASML
Asml Holding NV
|
$605.80B | +46.9% | — | — | 0.4% |
|
AMAT
Applied Materials Inc
|
$299.38B | +46.8% | -12.6% | 32.6 | 1.7% |
|
LRCX
Lam Research Corp
|
$287.43B | +34.4% | +51.7% | 34.3 | 2.1% |
|
KLAC
Kla Corp
|
$190.25B | — | +11.7% | 39.8 | 1.9% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| Q | -4.8% | -11.9% | -22.1% | -12.7% | +34.5% |
| SPY | -0.4% | -1.5% | +5.8% | -0.4% | +11.5% |
| vs SPY | -4.4% | -10.4% | -28.0% | -12.3% | +23.1% |
Capital returns
Latest dividend
$0.08
/ share · ex Aug 31, 2026
Declared · upcoming
$0.08
/ share · ex Nov 30, 2026
Paid (TTM)
$0.30
/ share · 4 payouts
Dividend yield (TTM, derived)
0.27%
Buyback program
· as of Jun 30, 2026
Authorized
$500.00M
Spent (derived)
$50.00M
Remaining
$450.00M
Spent
Remaining
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.
Key facts
CIK
2058873
CUSIP
74743L100
13F (30d)
315 filings
308 filers
Visit website
Investor relations