Qnity Electronics (Q) Operating Expenses (2024 - 2026)
Qnity Electronics' (Q) quarterly Operating Expenses came in at $267.0 million in Q1 2026, up 19.2% YoY from $224.0 million in Q1 2025, and up 3.89% on a QoQ basis from $257.0 million in Q4 2025.
Qnity Electronics (Q) Operating Expenses (2024 - 2026) Analysis & Trends
Qnity Electronics (Q) has 3 years of Operating Expenses data on file, last reported at $267.0 million in Q1 2026.
- Quarterly Operating Expenses rose 19.2% year-over-year to $267.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $999.0 million (changed N/A YoY) and the FY2025 annual result came in at $974.0 million, up 6.22% from the prior year.
- Operating Expenses advanced to $267.0 million in Q1 2026, from $257.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $267.0 million in Q1 2026 to a low of $224.0 million in Q1 2025.
- A 3-year average of $243.7 million and a median of $244.0 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2025 — Operating Expenses advanced 5.91% — and 2026, when it advanced 19.2%.
- Tracing Q's Operating Expenses over 3 years: stood at $226.0 million in 2024, then advanced by 13.72% to $257.0 million in 2025, then grew by 3.89% to $267.0 million in 2026.
- The last three Operating Expenses figures came in at $267.0 million (Q1 2026), $257.0 million (Q4 2025), and $251.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 683.77 Bn | 668.27 Bn | 5.90 Bn | - |
| 2 | Lam Research | 393.97 Bn | 388.39 Bn | 3.48 Bn | 965.25 Mn |
| 3 | Applied Materials | 389.80 Bn | 381.56 Bn | 3.95 Bn | 1.42 Bn |
| 4 | Kla | 240.86 Bn | 239.21 Bn | 2.24 Bn | 690.50 Mn |
| 5 | Teradyne | 58.87 Bn | 58.52 Bn | 794.62 Mn | 356.81 Mn |
| 6 | Qnity Electronics | 27.06 Bn | 26.10 Bn | 666.00 Mn | 298.00 Mn |
| 7 | Entegris | 21.93 Bn | 21.58 Bn | 420.00 Mn | 209.30 Mn |
| 8 | Onto Innovation | 14.50 Bn | 12.61 Bn | 183.25 Mn | 119.70 Mn |
| 9 | Amkor Technology | 12.45 Bn | 9.94 Bn | 318.59 Mn | 118.74 Mn |
| 10 | Nova | 11.32 Bn | 10.80 Bn | 144.16 Mn | 67.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 298.00 Mn |
| Mar 31, 2026 | 267.00 Mn |
| Dec 31, 2025 | 257.00 Mn |
| Sep 30, 2025 | 251.00 Mn |
| Mar 31, 2025 | 224.00 Mn |
| Dec 31, 2024 | 226.00 Mn |
| Sep 30, 2024 | 237.00 Mn |