Demand and volumepositive · 3 filings
“The increase in sales volume was due to continued demand strength from AI driven technology ramps and new business gains in advanced packaging, AI PCB and thermal management.”10-Q · May 12, 2026 ↗
Qnity Electronics, Inc.
Q
Market read
Qnity Electronics, Inc.'s move is spreading beyond its market group.
No new filing conclusion is available. 6 of 17 group members are active now; 1 filing-linked outsider is moving with the group, and 0 of 13 directly disclosed connections are confirming.
Company-1.8% todayVolume comparison unavailable
Market group6 of 17 activeSemiconductor Equipment & Electricals · inactive
Disclosed network0 of 8 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- At least 12 of 17 durable members become active together.
- Capital-flow agreement rises above 55%.
- FORM remains aligned with the group in the next market snapshot.
Invalidation: The live read weakens if participation falls to 5 of 17 members or fewer.
Research brief
The story so far
No new filing conclusion is available. 6 of 17 group members are active now; 1 filing-linked outsider is moving with the group, and 0 of 13 directly disclosed connections are confirming.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- At least 12 of 17 durable members become active together.
- Capital-flow agreement rises above 55%.
- FORM remains aligned with the group in the next market snapshot.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods3
Price observations219
Usable filing statements44
Verified relationships10
Evidence supporting the case
- Latest annual revenue changed +9.7% year over year.
- Demand and volume has repeated favorable evidence across 3 filings.
Evidence challenging the case
No qualifying adverse evidence was identified; that is not proof there is no downside.
Questions before a position
No credible peer-relative valuation comparison is available yet.
Longer-term price context
Price as of Sep 10, 2026
123.326m+6.1%12m—24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2023-12-31$4.0B—$2.42—
2024-12-31$4.3B+7.4%$3.31+0.0%
2025-12-31$4.8B+9.7%$3.30+0.2%
What management says matters
Persistent and emerging business drivers
Credit and interest ratesnegative · 1 filings
“The increase in effective tax rate in 2026 relates to a limitation on the deductibility of interest expense and higher tax costs on the remittance of foreign earnings, partially offset by a reduction in foreign tax costs.”10-Q · May 12, 2026 ↗
Foreign exchangemixed · 1 filings
“A large percentage of our net sales are generated from our international operations and are subject to economic, geopolitical, foreign exchange and other risks.”10-K · Feb 26, 2026 ↗
Supply chain and availabilitypositive · 1 filings
“Operating EBITDA was $240 million for the three months ended September 30, 2025, up 3% as compared to $232 million for the three months ended September 30, 2024, primarily due to volume growth partially offset by currency and selective growth investments to i…”10-Q · Nov 18, 2025 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 5.4× · EV/sales 6.1×. Comparisons use only industry-matched filing peers.
Scenario scaffold
Fewer than 4 annual revenue periods; too little history to scaffold scenarios.
Price action
How the market is pricing the story
123.32-1.8% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for Q. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for Q. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind Q
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
TSM8.0% of QcustomerMay 12, 2026 ▾
“Additionally, net sales to Taiwan Semiconductor Manufacturing Company Limited (TSMC) accounted for 8 % of total net sales for the three months ended March 31, 2026 and 2025.”
CCThe Chemours CompanypartnerFeb 26, 2026 ▾
“We will directly contribute or indemnify DuPont for, the Applicable Qnity Percentage of DuPont’s funding obligations in respect of an MOU Escrow Account established by DuPont, Corteva, Inc.”
Depended on by
ESIElement Solutions InccompetitorFeb 18, 2026 ▾
“Although competition varies by end-market and geography, our most significant competitors are MKS Instruments, Qnity Electronics, Inc., Henkel Corporation, Senju Metal Industry Co.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 11 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
Q is currently a Early Follower in the organic co-movement group Semiconductor Equipment & Electricals. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.