Qnity Electronics, Inc. balance sheet

At the end of fiscal 2025, Qnity Electronics, Inc. had total assets of $14.07bn, total liabilities of $6.70bn and shareholders' equity of $7.09bn. It held $915m in cash against $4.10bn of debt: net debt of $3.19bn.

Balance sheet

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Qnity Electronics, Inc.: balance sheet, annual
Fiscal year	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Cash and equivalents	—	0.2	0.9	1.0
Receivables	—	0.6	0.7	1.1
Inventory	—	0.6	0.7	0.7
Total current assets	—	1.5	2.6	2.9
Goodwill	7.5	7.4	7.5	7.5
Total assets	—	12.3	14.1	14.3
Accounts payable	—	0.5	0.7	0.8
Deferred revenue (current)	—	0.0	0.0	0.0
Total current liabilities	—	0.8	1.4	1.4
Short-term debt	—	0.0	0.0	0.0
Long-term debt	—	0.0	4.1	4.0
Total debt	—	0.0	4.1	4.0
Total liabilities	—	1.4	6.7	6.8
Shareholders' equity	11.2	10.6	7.1	7.3
Non-controlling interests and other (assets − liabilities − equity)	—	0.3	—	—
Net debt (negative = net cash)	—	−0.2	3.2	3.1

US$ billions unless shown otherwise. Fiscal quarters.

Qnity Electronics, Inc.: balance sheet, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Receivables	—	0.6	—	—	0.8	0.7	1.0	1.1
Inventory	—	0.6	—	—	0.6	0.7	0.7	0.7
Total current assets	—	1.5	—	—	1.6	2.6	2.7	2.9
Goodwill	—	7.4	—	—	7.5	7.5	7.5	7.5
Total assets	—	12.3	—	—	12.5	14.1	14.1	14.3
Accounts payable	—	0.5	—	—	0.6	0.7	0.7	0.8
Deferred revenue (current)	—	0.0	—	—	0.0	0.0	0.0	0.0
Total current liabilities	—	0.8	—	—	0.9	1.4	1.3	1.4
Short-term debt	—	0.0	—	—	—	0.0	0.0	0.0
Long-term debt	—	0.0	—	—	1.7	4.1	4.0	4.0
Total debt	—	0.0	—	—	1.7	4.1	4.0	4.0
Total liabilities	—	1.4	—	—	3.1	6.7	6.6	6.8
Shareholders' equity	11.1	10.6	11.0	11.2	9.1	7.1	7.2	7.3
Non-controlling interests and other (assets − liabilities − equity)	—	0.3	—	—	0.3	—	—	—

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Qnity Electronics, Inc.'s SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Qnity Electronics, Inc.