Qnity Electronics, Inc.

Company facts

Industry

Semiconductors & Related Devices

Headquarters

Wilmington, Delaware

Most recent report

10-Q, filed Nov 4, 2026

Incorporated

Delaware

Filings on record

144 filings

On EDGAR

CIK 2058873

Fiscal year ends

December

Filer status

Non-accelerated filer

What to read: Sep 2026 10-Q

SECSift found 2 of 8 sections worth reading, with 0 positive, 4 notable, and 1 negative flags.

• Part I

  First standalone 10-Q; shows strong revenue growth but profit down, heavy transformation costs, and large indemnification liabilities.
  Notable

  • Samsung and TSMC each accounted for 10% of net sales in Q3 2026, unchanged from prior year.
  • Effective tax rate rose to 20.6% in Q3 2026 from 18.0%, due to non-deductible indemnification accruals and interest limits.
  • Company repurchased $75M of stock in 9M 2026 under a $500M authorization, with $425M remaining.
  Negative

  • Indemnification liabilities to DuPont total $218M as of Sep 2026, with potential $100M additional exposure.

• Management's Discussion (Item 2)

  New $500M buyback authorization with active repurchases in the quarter.
  Notable

  • Authorization has no expiration date and can be modified or suspended anytime without notice.

What changed: Sep 2026 vs. Jun 2026

About 5% of Q's Sep 2026 10-Q is new information. 14 paragraphs were added, 126 changed, and 12 removed. Below are the most important lines SECSift identified.

• Part I 91
• Item 6 2
• Item 2 1
• Item 5 1