Qnity Electronics (Q) Tax Rate (2024 - 2026)
Qnity Electronics' (Q) quarterly Tax Rate came in at 25.69% in Q1 2026, up 658.0% YoY from 3.39% in Q1 2025, and down 18.12% on a QoQ basis from 31.37% in Q4 2025.
Qnity Electronics (Q) Tax Rate (2024 - 2026) Analysis & Trends
Qnity Electronics (Q) has 3 years of Tax Rate data on file, last reported at 25.69% in Q1 2026.
- Quarterly Tax Rate rose 658.0% year-over-year to 25.69% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 23.41% (changed N/A YoY) and the FY2025 annual result came in at 24.22%, up 458.0% from the prior year.
- Tax Rate slipped to 25.69% in Q1 2026, from 31.37% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 31.37% in Q4 2025 to a low of 12.65% in Q4 2024.
- A 3-year average of 20.67% and a median of 18.56% in 2025 frame the typical range for Tax Rate.
- The widest YoY moves for Tax Rate: up 1872 bps in 2025, down 81 bps in 2025.
- Tracing Q's Tax Rate over 3 years: stood at 12.65% in 2024, then jumped by 148 bps to 31.37% in 2025, then declined by 18 bps to 25.69% in 2026.
- The last three Tax Rate figures came in at 25.69% (Q1 2026), 31.37% (Q4 2025), and 18.01% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (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 | 10.87% |
| 3 | Applied Materials | 389.80 Bn | 381.56 Bn | 3.95 Bn | 12.99% |
| 4 | Kla | 240.86 Bn | 239.21 Bn | 2.24 Bn | 12.03% |
| 5 | Teradyne | 58.87 Bn | 58.52 Bn | 794.62 Mn | 15.06% |
| 6 | Qnity Electronics | 27.06 Bn | 26.10 Bn | 666.00 Mn | 31.66% |
| 7 | Entegris | 21.93 Bn | 21.58 Bn | 420.00 Mn | 14.99% |
| 8 | Onto Innovation | 14.50 Bn | 12.61 Bn | 183.25 Mn | 12.26% |
| 9 | Amkor Technology | 12.45 Bn | 9.94 Bn | 318.59 Mn | 13.93% |
| 10 | Nova | 11.32 Bn | 10.80 Bn | 144.16 Mn | 15.82% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 31.66% |
| Jun 30, 2026 | 31.66% |
| Jun 30, 2026 | 31.66% |
| Mar 31, 2026 | 25.69% |
| Mar 31, 2026 | 25.69% |
| Mar 31, 2026 | 25.69% |
| Dec 31, 2025 | 31.37% |
| Dec 31, 2025 | 31.37% |
| Dec 31, 2025 | 31.37% |
| Sep 30, 2025 | 18.01% |
| Sep 30, 2025 | 18.01% |
| Sep 30, 2025 | 18.01% |
| Mar 31, 2025 | 19.11% |
| Mar 31, 2025 | 19.11% |
| Mar 31, 2025 | 19.11% |
| Dec 31, 2024 | 12.65% |
| Dec 31, 2024 | 12.65% |
| Dec 31, 2024 | 12.65% |
| Sep 30, 2024 | 17.20% |
| Sep 30, 2024 | 17.20% |