Qnity Electronics (Q) Gross Margin (2024 - 2026)
Qnity Electronics' (Q) quarterly Gross Margin came in at 47.0% in Q1 2026, down 50.0% YoY from 93.99% in Q1 2025, and up 1.87% on a QoQ basis from 46.13% in Q4 2025.
Qnity Electronics (Q) Gross Margin (2024 - 2026) Analysis & Trends
Qnity Electronics (Q) has 3 years of Gross Margin data on file, last reported at 47.0% in Q1 2026.
- Quarterly Gross Margin fell 50.0% year-over-year to 47.0% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 46.4% (changed N/A YoY) and the FY2025 annual result came in at 46.17%, up 13.0% from the prior year.
- Gross Margin advanced to 47.0% in Q1 2026, from 46.13% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 47.5% in Q1 2025 to a low of 45.06% in Q3 2025.
- A 3-year average of 46.57% and a median of 46.86% in 2024 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2025 — Gross Margin sank 189 bps — and 2026, when it sank 50 bps.
- Tracing Q's Gross Margin over 3 years: stood at 46.78% in 2024, then retreated by 1 bps to 46.13% in 2025, then increased by 2 bps to 47.0% in 2026.
- The last three Gross Margin figures came in at 47.0% (Q1 2026), 46.13% (Q4 2025), and 45.06% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 683.77 Bn | 668.27 Bn | 5.90 Bn | 51.98% |
| 2 | Lam Research | 393.97 Bn | 388.39 Bn | 3.48 Bn | 51.75% |
| 3 | Applied Materials | 389.80 Bn | 381.56 Bn | 3.95 Bn | 49.90% |
| 4 | Kla | 240.86 Bn | 239.21 Bn | 2.24 Bn | 61.36% |
| 5 | Teradyne | 58.87 Bn | 58.52 Bn | 794.62 Mn | 59.79% |
| 6 | Qnity Electronics | 27.06 Bn | 26.10 Bn | 666.00 Mn | 46.61% |
| 7 | Entegris | 21.93 Bn | 21.58 Bn | 420.00 Mn | 47.55% |
| 8 | Onto Innovation | 14.50 Bn | 12.61 Bn | 183.25 Mn | 53.41% |
| 9 | Amkor Technology | 12.45 Bn | 9.94 Bn | 318.59 Mn | 16.79% |
| 10 | Nova | 11.32 Bn | 10.80 Bn | 144.16 Mn | 56.54% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 46.61% |
| Mar 31, 2026 | 47.00% |
| Dec 31, 2025 | 46.13% |
| Sep 30, 2025 | 45.06% |
| Mar 31, 2025 | 47.50% |
| Dec 31, 2024 | 46.78% |
| Sep 30, 2024 | 46.95% |