The company reported Q1 non-GAAP EPS of $1.08 and revenue of $1.32B, exceeding expectations and raising annual forecasts.
Qnity Electronics posted Q1 non-GAAP earnings per share of $1.08, beating estimates by $0.16, as revenue rose 17.9% year-over-year to $1.32 billion. The company also reported adjusted operating EBITDA of $411 million, a 22% increase from the prior year.
Analysts had anticipated lower revenue and earnings, with the prior quarter’s revenue at $1.12 billion. The company’s adjusted EBITDA margin expanded, reflecting stronger operational performance.
Qnity Electronics raised its full-year 2026 guidance across all financial metrics, signaling confidence in sustained growth.