Qnity Electronics reported third quarter 2026 revenue of $1.56 billion and adjusted EPS of $1.46, both exceeding analyst expectations. Growth was primarily driven by the Interconnect Solutions segment, which benefited from increasing industry demand for AI-driven chip stacking and advanced packaging technologies. Based on this momentum, management raised its full-year 2026 outlook for revenue, EBITDA, and adjusted earnings.
Key Highlights
- Interconnect Solutions revenue reached $759 million, growing 30% year-over-year and beating the $723.3 million estimate.
- Adjusted EPS of $1.46 surged 55% compared to pro forma results from the same period last year.
- Management raised full-year 2026 revenue guidance to a range of $5.77B–$5.83B, up from the prior range of $5.55B–$5.65B.
- Semiconductor Technologies revenue grew 15% year-over-year to $797 million, supported by 16% volume growth.
- Adjusted Gross Margin expanded to 47.8%, up from 45.1% in the prior-year pro forma quarter.