Qnity Electronics, Inc.
Q · Semiconductors & Related Devices · 209.3M shares · EDGAR filings ↗
Reference price $148.35 · est. market cap ~$31.1B — last insider sale, 2026-06-05 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C58Electronics-materials company (spinoff) — positive operating cash flow, but leveraged with thin current liquidity.
Strengths
- Positive operating cash flow — OCF margin 27% (74th)
- Solid gross margin — 46% (53rd)
Risks
- Leverage — D/E 0.58 (82nd)
- Thin current liquidity — current ratio 1.95 (17th)
- Cyclicality/separation-execution risk — per 10-K
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Customer concentration~79% of revenue from one customer/distributor — Regionally, Asia Pacific represented approximately 79% of our net sales for the year ended December 31, 2025
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC, ARK Investment Management LLC
- Strong balance sheetStrong balance sheet — $915M cash & investments
- Notable holderHeld by 6 notable fund(s): STATE STREET CORP, GOLDMAN SACHS GROUP INC, FMR LLC +3 more (as of 2026-03-31)
- New fund positionNotable fund(s) opened this quarter: RENAISSANCE TECHNOLOGIES LLC
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
46.2%
Net margin
15.3%
Return on equity
10.3%
Return on assets
5.2%
Revenue growth (QoQ)
10.5%
Net-income growth
0.7%
Debt / equity
0.6×
Current ratio
1.9×
Tangible book value
-$1.5B
Cash & investments
$915M
Stock comp / revenue
0.4%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-12 | Fortebuono Kathleen M. | Tax withheld | 418 | $149.75 |
| 2026-06-05 | Sterin Steven | Sell | 400 | $148.35 |
| 2026-05-29 | Green Byron | Grant | 208 | $156.00 |
| 2026-05-29 | CURTIN TERRENCE R | Grant | 208 | $156.00 |
| 2026-05-26 | Sterin Steven | Sell | 511 | $161.97 |
| 2026-05-21 | Green Byron | Grant | 1.3K | — |
| 2026-05-21 | De Bondt Karin | Grant | 1.3K | — |
| 2026-05-21 | CURTIN TERRENCE R | Grant | 1.3K | — |
| 2026-05-21 | BLINN MARK A | Grant | 1.3K | — |
| 2026-05-21 | Banerji Shumeet | Grant | 1.3K | — |
| 2026-05-21 | Sterin Steven | Grant | 1.3K | — |
| 2026-05-21 | PAIK YI HYON | Grant | 1.3K | — |
| 2026-05-21 | Noonan Anne P | Grant | 1.3K | — |
| 2026-05-21 | JOHNSON KRISTINA M | Grant | 1.3K | — |
| 2026-05-04 | Goss Michael G. | Tax withheld | 147 | $141.76 |
| 2026-05-04 | Hennessey Peter W | Tax withheld | 73 | $141.76 |
| 2026-05-04 | Fortebuono Kathleen M. | Tax withheld | 101 | $141.76 |
| 2026-05-04 | Kemp Jon D. | Tax withheld | 843 | $141.76 |
| 2026-05-04 | Xu Chuck | Tax withheld | 98 | $141.76 |
| 2026-02-27 | Kemp Jon D. | Grant | 33K | — |
| 2026-02-27 | Hennessey Peter W | Grant | 4.6K | — |
| 2026-02-27 | Xu Chuck | Grant | 7.3K | — |
| 2026-02-27 | Goss Michael G. | Grant | 7.3K | — |
| 2026-02-27 | Fortebuono Kathleen M. | Grant | 2.6K | — |
| 2026-02-27 | Green Byron | Grant | 256 | $126.76 |
| 2026-02-27 | CURTIN TERRENCE R | Grant | 256 | $126.76 |
| 2026-02-21 | Fortebuono Kathleen M. | Tax withheld | 308 | $113.72 |
| 2026-02-21 | Goss Michael G. | Tax withheld | 275 | $113.72 |
| 2026-02-21 | Hennessey Peter W | Tax withheld | 309 | $113.72 |
| 2026-02-21 | Kemp Jon D. | Tax withheld | 4.6K | $113.72 |
| 2026-02-21 | Xu Chuck | Tax withheld | 344 | $113.72 |
| 2026-02-15 | Hennessey Peter W | Tax withheld | 118 | $110.97 |
| 2026-02-15 | Kemp Jon D. | Tax withheld | 547 | $110.97 |
| 2026-02-15 | Fortebuono Kathleen M. | Tax withheld | 107 | $110.97 |
| 2026-02-15 | Goss Michael G. | Tax withheld | 157 | $110.97 |
| 2026-02-15 | Xu Chuck | Tax withheld | 136 | $110.97 |
| 2026-01-30 | Green Byron | Grant | 113 | $96.18 |
| 2026-01-30 | CURTIN TERRENCE R | Grant | 113 | $96.18 |
| 2025-12-31 | Fortebuono Kathleen M. | Tax withheld | 219 | $82.83 |
| 2025-12-31 | Xu Chuck | Tax withheld | 240 | $82.83 |
| 2025-12-31 | Kemp Jon D. | Tax withheld | 1.3K | $82.83 |
| 2025-12-31 | Hennessey Peter W | Tax withheld | 162 | $82.83 |
| 2025-12-31 | Goss Michael G. | Tax withheld | 321 | $82.83 |
| 2025-12-17 | Xu Chuck | Tax withheld | 113 | $77.33 |
| 2025-12-12 | Xu Chuck | Option exercise | 838 | $79.01 |
| 2025-12-11 | Kemp Jon D. | Sell | 5.7K | $85.01 |
| 2025-12-11 | Kemp Jon D. | Option exercise | 5.9K | $79.01 |
| 2025-12-11 | Goss Michael G. | Sell | 1.9K | $84.79 |
| 2025-12-11 | Goss Michael G. | Option exercise | 1.9K | $79.01 |
| 2025-12-03 | Banerji Shumeet | Grant | 4.4K | — |
| 2025-12-03 | Sterin Steven | Grant | 1.0K | — |
| 2025-12-03 | Noonan Anne P | Grant | 4.4K | — |
| 2025-12-03 | JOHNSON KRISTINA M | Grant | 1.0K | — |
| 2025-12-03 | Green Byron | Grant | 4.4K | — |
| 2025-12-03 | De Bondt Karin | Grant | 4.4K | — |
| 2025-12-03 | CURTIN TERRENCE R | Grant | 1.0K | — |
| 2025-12-03 | BLINN MARK A | Grant | 4.4K | — |
| 2025-12-03 | PAIK YI HYON | Grant | 4.4K | — |
| 2025-11-30 | CURTIN TERRENCE R | Grant | 134 | $81.09 |
| 2025-11-26 | CURTIN TERRENCE R | Grant | 273 | $79.23 |
| 2025-11-21 | Noonan Anne P | Buy | 3.2K | $77.30 |
| 2025-11-21 | Noonan Anne P | Sell | 7 | $76.30 |
| 2025-11-21 | Kang Sang Ho | Option exercise | 2.0K | $96.00 |
| 2025-11-21 | Kang Sang Ho | Option exercise | 2.0K | $96.00 |
| 2025-11-21 | Kang Sang Ho | Sell | 2.5K | $74.50 |
| 2025-11-19 | Green Byron | Buy | 1.0K | $79.12 |
| 2025-11-06 | CURTIN TERRENCE R | Gift | 500 | — |
| 2025-11-06 | CURTIN TERRENCE R | Gift | 500 | — |
| 2025-11-01 | Xu Chuck | Other | 15K | — |
| 2025-11-01 | Kemp Jon D. | Other | 89K | — |
| 2025-11-01 | Fortebuono Kathleen M. | Other | 7.0K | — |
| 2025-11-01 | Hennessey Peter W | Other | 5.7K | — |
| 2025-11-01 | Harbaugh Matthew K | Other | 9.3K | — |
| 2025-11-01 | DuPont de Nemours, Inc. | Other | 209.4M | — |
| 2025-11-01 | Kang Sang Ho | Other | 14K | — |
| 2025-11-01 | Sterin Steven | Other | 11K | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-22 | Shareholder vote | filing ↗ |
| 2026-05-12 | ResultsExhibits | filing ↗ |
| 2026-02-26 | ResultsExhibits | filing ↗ |
| 2026-01-16 | ResultsExec/director changeExhibits | filing ↗ |
| 2025-12-09 | Exec/director changeReg FDOtherExhibits | filing ↗ |
| 2025-12-04 | Other | filing ↗ |
| 2025-11-06 | ResultsExhibits | filing ↗ |
| 2025-11-03 | Material agreementDebt obligation3.035.01Exec/director change5.035.05OtherExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-22 | 2026-05-21 | 0002058873-26-000019 ↗ |
| 10-Q | 2026-05-12 | 2026-03-31 | 0002058873-26-000015 ↗ |
| 8-K | 2026-05-12 | 2026-05-12 | 0002058873-26-000013 ↗ |
| 10-K | 2026-02-26 | 2025-12-31 | 0002058873-26-000010 ↗ |
| 8-K | 2026-02-26 | 2026-02-26 | 0002058873-26-000007 ↗ |
| 8-K | 2026-01-16 | 2026-01-12 | 0002058873-26-000002 ↗ |
| 8-K | 2025-12-09 | 2025-12-09 | 0002058873-25-000027 ↗ |
| 8-K | 2025-12-04 | 2025-12-02 | 0002058873-25-000025 ↗ |
| 10-Q | 2025-11-18 | 2025-09-30 | 0002058873-25-000023 ↗ |
| 8-K | 2025-11-06 | 2025-11-06 | 0002058873-25-000018 ↗ |
| 8-K | 2025-11-03 | 2025-10-31 | 0001193125-25-261603 ↗ |
| 8-K | 2025-10-15 | 2025-10-13 | 0001193125-25-240313 ↗ |