Qnity Electronics (Q) Gross Margin (2024 - 2026)
Qnity Electronics (Q) reported Gross Margin of 47.0% for Q1 2026, down 50.0% on a YoY basis from 93.99% in Q1 2025, and up 1.87% quarter-over-quarter from 46.13% in Q4 2025.
Qnity Electronics (Q) Gross Margin (2024 - 2026) Analysis & Trends
Qnity Electronics has reported Gross Margin for 3 years, with the latest figure at 47.0% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 50.0% year-over-year to 47.0%; the trailing twelve-month figure through Mar 2026 stood at 46.4% (changed N/A YoY), and the FY2025 full-year result was 46.17%, up 13.0% from the prior year.
- Gross Margin for Q1 2026 stood at 47.0%, up from 46.13% in the prior quarter.
- The five-year high for Gross Margin was 47.5% in Q1 2025, with the low at 45.06% in Q3 2025.
- Historically, Gross Margin has averaged 46.57% across 3 years, with a median of 46.86% in 2024.
- Annual changes were most pronounced in 2025 — Gross Margin sank 189 bps — and 2026, when it sank 50 bps.
- Qnity Electronics' Gross Margin 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 | 14,963,355.55 Bn | 14,963,340.04 Bn | 5.90 Bn | 51.98% |
| 2 | Lam Research | 408.02 Bn | 403.27 Bn | 2.91 Bn | 49.83% |
| 3 | Applied Materials | 391.00 Bn | 384.25 Bn | 3.95 Bn | 49.90% |
| 4 | Kla | 277.01 Bn | 272.05 Bn | 2.09 Bn | 61.12% |
| 5 | Teradyne | 58.18 Bn | 57.94 Bn | 780.95 Mn | 60.89% |
| 6 | Qnity Electronics | 30.25 Bn | 30.41 Bn | 618.00 Mn | 47.00% |
| 7 | Entegris | 20.20 Bn | 19.76 Bn | 380.80 Mn | 46.90% |
| 8 | Amkor Technology | 16.87 Bn | 15.05 Bn | 239.03 Mn | 14.19% |
| 9 | Onto Innovation | 13.38 Bn | 12.72 Bn | 146.39 Mn | 50.14% |
| 10 | Formfactor | 9.68 Bn | 9.38 Bn | 86.79 Mn | 38.38% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |