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QNITY ELECTRONICS, INC.

LISTEDNYSE

SYMBOLQ

SIC3674

STATE OF INC.DE

FISCAL YEAR ENDSDecember 31

CIK2058873

SEMICONDUCTORS & RELATED DEVICES · NON-ACCELERATED FILER · 3 FISCAL YEARS OF SEC XBRL DATA, 2023–2025

Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.

CAPITALIZATION 12/31/25

($ millions)	Amount	%
Total debt	4,100	36.6
Stockholders' equity	7,095	63.4
Total capitalization	11,195	100.0

209,208,543 shares outstanding at 31 July 2026 (cover page of the 10-Q filed 4 August 2026).

LONG-TERM DEBT 12/31/25

($ millions)	Amount
Long-term debt, incl. current maturities	4,100
Long-term debt, noncurrent	4,003
Current maturities	24

CAPITAL STOCK 12/31/25

Common shares authorized	1,666,666,667
Common shares issued	209,479,173
Par or stated value per share ($)	0.01
Preferred stock ($ millions)	2
Outstanding at 7/31/26	209,208,543

DIVIDENDS DECLARED/PAID

Fiscal year	Per share $	Payout %
2025	0.14	4.2
2024	–	–
2023	–	–

HISTORY AND BUSINESS

HISTORY: Incorporated in Delaware. Formerly known as Novus SpinCo 1, Inc. (to 24 April 2025).

BUSINESS: Classified by the SEC under Standard Industrial Classification 3674, Semiconductors & Related Devices. Non-accelerated filer. Principal executive office: 974 Centre Road, Building 735, Wilmington, DE 19805. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.

CONSOLIDATED INCOME ACCOUNT, YEARS ENDED

($ millions)	12/31/25	12/31/24	12/31/23
Revenues	4,754	4,335	4,035
Cost of revenues	2,559	2,339	2,280
Research and development	354	314	303
Selling, general and administrative	620	603	533
Depreciation and amortization	376	394	403
Income before income taxes	962	901	632
Income taxes	233	177	99
Net income	729	724	533
Earned per share, diluted ($)	3.30	3.31	2.42
Dividends per share ($)	0.14	–	–

CONSOLIDATED BALANCE SHEET

($ millions)	12/31/25	12/31/24
Cash and equivalents	915	166
Receivables, net	656	580
Inventories	661	597
Total current assets	2,638	1,483
Property, plant and equipment, net	1,701	1,548
Goodwill	7,522	7,379
Total assets	14,070	12,273
Total current liabilities	1,356	839
Long-term debt	4,003	0
Total liabilities	6,704	1,377
Stockholders' equity	7,095	10,644
Total liabilities and equity	14,070	12,273

TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)

Fiscal year ended	Revenues	Oper. income	Net income	Net margin %	EPS diluted $	Div. per share $	Oper. cash flow	Capital expend.	Free cash flow	Total assets	Total liabilities	Total debt	Stockholders' equity	ROE %	Debt / equity
12/31/25	4,754	–	692	14.6	3.30	0.14	1,273	285	988	14,070	6,704	4,100	7,095	9.8	0.58
12/31/24	4,335	–	693	16.0	3.31	–	1,061	200	861	12,273	1,377	0	10,644	6.5	0.00
12/31/23	4,035	–	507	12.6	2.42	–	882	231	651	–	–	–	11,184	4.5	–

Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.

REGISTRANT:

Qnity Electronics, Inc.
CIK 2058873 · EIN 33-3002745

PRINCIPAL OFFICE:

974 Centre Road, Building 735, Wilmington, DE 19805
Tel.: 3024505700

INCORPORATED:

Delaware

INDUSTRY (SEC SIC CODE):

3674 · Semiconductors & Related Devices

FILER STATUS:

Non-accelerated filer

LATEST ANNUAL REPORT:

10-K for period ended 12/31/25, filed 26 February 2026

FORMER NAMES:

Novus SpinCo 1, Inc.

RECENT FILINGS (ANNUAL REPORT REFERENCES BELOW):

9/10/26	8-K	period 9/10/26
8/21/26	8-K	period 8/21/26
8/4/26	10-Q	period 6/30/26
8/4/26	8-K	period 8/4/26
7/1/26	8-K	period 7/1/26
5/22/26	8-K	period 5/21/26
5/12/26	10-Q	period 3/31/26
5/12/26	8-K	period 5/12/26

Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/26/26). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.