Filing Flows › Qnity Electronics (Q) › Q1 2026
Qnity Electronics (Q) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 12, 2026
Qnity Electronics (Q) reported revenue of $1.3B for the first quarter 2026 (Q1 2026), +18% from a year earlier and +11% from the quarter before. Operating margin was 16.6%, net earnings $151M (11.5% of revenue).
Qnity Electronics, Q1 2026: revenue $1.3B (+18% year over year), operating margin 16.6%, net earnings $151M, operating cash flow $135M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3B | +11% | +18% |
| Operating profit | $218M | +15% | -11% |
| Net earnings | $151M | +51% | -22% |
| Operating cash flow | $135M | -73% | -35% |
| Free cash flow | $13.0M | -97% | -87% |
What changed
Revenue was $1.3B in Q1 2026, up 18% year over year and up 11% from the previous quarter. Semiconductor Technologies was the largest line at 55% of revenue. Interconnect Solutions added $0.12B year over year (up 25%), 60% of the total change.
Operating profit was $0.22B, a 16.6% margin (down 5.4 points year over year). Operating profit fell $0.03B even though revenue rose $0.20B versus a year earlier, so costs grew faster than sales. Total costs grew 26% against revenue growth of 18%. The fastest-growing cost line was Other operating costs (+118%). Net earnings were $0.15B, down 22% year over year. The effective tax rate was 25.7%.
Operating cash flow was $0.14B (down 35% year over year), 83% of net income including minority interests. Non-cash charges added back $0.10B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.14B. Capital expenditures of $0.12B left free cash flow of $0.01B.
Questions
What was Qnity Electronics' revenue in the first quarter 2026?
Qnity Electronics (Q) reported revenue of $1.3B for the first quarter 2026 (Q1 2026), +18% from a year earlier and +11% from the quarter before.
Was Qnity Electronics profitable in the first quarter 2026?
Operating profit was $218M (16.6% of revenue) and net earnings $151M.
Source: Qnity Electronics 10-Q on SEC EDGAR.