Q2 FY26 · Ended Jun 30, 2026 · View SEC filing
Separation costs turned rising profit into falling earnings
Gross profit rose 23.3%, but new interest, IT independence work and legacy costs now sit between it and earnings.
For investorsWhat has to go right for earnings to catch up with gross profit
For foundersThe consumables playbook: getting qualified into a customer's process
Interconnect sales grew nearly twice as fast as Semiconductor Technologies, on what the filing calls new content and share gains.
Free cash flow fell to $151M from $224M as capital spending nearly doubled and working capital grew with sales.
Sales rose 22.1% on 23% higher volume, with gross margin widening even as price and mix slipped.
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Business Lens describes Qnity Electronics from its own filings with the SEC. It is not a view on its shares, a target, or advice to buy, sell or hold anything; figures are as filed and may be restated by the company later. The filing is linked above.
