Qnity second quarter sales hits $1.43 billion
- Qnity reported second-quarter net sales of $1.429 billion, up 22% year over year.
- Adjusted EPS rose 53% to $1.19, while Qnity shares gained 10% in premarket trading.
- The company raised its 2026 sales guidance to $5.55–$5.65 billion.
Qnity Electronics (NYSE:Q) reported second-quarter net sales of $1.429 billion, up 22%, while adjusted operating EBITDA reached $431 million.
Revenue exceeded the $1.36 billion analyst estimate, while adjusted EPS of $1.19 topped the $1.07 forecast.
GAAP net income fell 31% to $136 million, while adjusted earnings rose 53% to $250 million and adjusted EPS increased to $1.19.
Following the announcement, Qnity's share price was up 10% at $147.19 in premarket trading.
Semiconductor Technologies sales increased 16% to $744 million, while Interconnect Solutions revenue climbed 30% to $685 million.
Looking ahead, Qnity raised its 2026 outlook to $5.55–$5.65 billion in sales, $1.675–$1.725 billion in adjusted operating EBITDA and adjusted EPS of $4.40–$4.60.
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