Qnity Electronics (Q) Income Statement: Revenue & Earnings

Qnity Electronics Income Statement Analysis

Revenue, earnings, and profit margins in billions USD

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Qnity Electronics, Inc. income statement - Annual data in billions USD
Breakdown	FY 2024	FY 2023	FY 2022
Period Ending	Dec 2024	Dec 2023	Dec 2022
Revenue & Gross Profit
Revenue	4.34	4.04	4.76
Cost of Revenue	2.34	2.28	2.60
Gross Profit	2.00	1.76	2.16
Operating Expenses
Research & Development	0.31	0.30	0.33
Selling, General & Administrative	0.62	0.54	0.52
Operating Expenses	1.16	1.10	1.12
Operating Income	0.84	0.66	1.03
Other Income/Expense
Interest Income	0.00	0.00	0.00
Interest Expense	0.28	0.00	0.00
Other Income/Expense	0.06	0.01	-0.08
Income
Income Before Tax	0.62	0.63	0.95
Income Tax Expense	0.15	0.10	0.15
Net Income	0.43	0.51	0.77
Net Income - Continuous Operations	0.47	0.53	0.80
Net Income - Discontinued Operations	0.00	0.00	0.00
EBITDA	1.29	1.06	1.45
EBIT	0.90	0.66	1.03
Depreciation & Amortization	0.23	0.40	0.28
Earnings Per Share
Basic EPS	3.00	-	-
Diluted EPS	3.00	-	-
Basic Shares Outstanding	0.21	0.00	0.00
Diluted Shares Outstanding	0.21	0.00	0.00