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REVENUE
 9 Months Ended
Sep. 30, 2025
Revenue from Contract with Customer [Abstract]  
REVENUE REVENUE
Revenue Recognition
Products
Substantially all of Qnity’s revenue is derived from product sales. Product sales consist of sales of Qnity’s products to supply manufacturers and distributors. Qnity considers purchase orders, which in some cases are governed by master supply agreements, to be a contract with a customer. Contracts with customers are considered to be short-term when the time between order confirmation and satisfaction of the performance obligations is equal to or less than one year.

Net sales to Samsung Electronics Co., Ltd accounted for 11% of total net sales for each of the three months ended September 30, 2025 and 2024, and 10% and 11% of total net sales for the nine months ended September 30, 2025 and 2024, respectively. Additionally, net sales to Taiwan Semiconductor Manufacturing Company Limited (TSMC) accounted for 8% and 7% of total net sales for the three months ended September 30, 2025 and 2024, respectively, and 8% and 7% of total net sales for the nine months ended September 30, 2025 and 2024, respectively. The majority of revenues for both customers relate to the Semiconductor Technologies segment. See Note 16 for more information.

Disaggregation of Revenue
The Company disaggregates its revenue from contracts with customers by segment and geographic region, as the Company believes it best depicts the nature, amount, timing and uncertainty of its revenue and cash flows.
Net Sales by SegmentThree Months Ended
 September 30,		Nine Months Ended
September 30,
In millions2025202420252024
Semiconductor Technologies$693 $640 $1,981 $1,834 
Interconnect Solutions583 508 1,583 1,400 
Total$1,276 $1,148 $3,564 $3,234 

Net Sales by Segment by Geographic RegionThree Months Ended September 30,
20252024
Semiconductor TechnologiesInterconnect SolutionsTotalSemiconductor TechnologiesInterconnect SolutionsTotal
In millions
Americas:$78 $90 $168 $71 $70 $141 
United States77 81 158 70 62 132 
Other Americas 1
1 9 10 1 8 9 
EMEA 2
57 49 106 48 39 87 
Asia Pacific:558 444 1,002 521 399 920 
China 3
171 226 397 173 224 397 
Rest of Asia Pacific:387 218 605 348 175 523 
South Korea166 30 196 157 28 185 
Taiwan142 54 196 121 34 155 
Other79 134 213 70 113 183 
Total$693 $583 $1,276 $640 $508 $1,148 
Net Sales by Segment by Geographic RegionNine Months Ended September 30,
20252024
Semiconductor TechnologiesInterconnect SolutionsTotalSemiconductor TechnologiesInterconnect SolutionsTotal
In millions
Americas:$220 $252 $472 $203 $208 $411 
United States218 227 445 201 188 389 
Other Americas 1
2 25 27 2 20 22 
EMEA 2
157 136 293 150 122 272 
Asia Pacific:1,604 1,195 2,799 1,481 1,070 2,551 
China 3
545 636 1,181 489 600 1,089 
Rest of Asia Pacific:1,059 559 1,618 992 470 1,462 
South Korea453 80 533 453 77 530 
Taiwan397 133 530 340 103 443 
Other209 346 555 199 290 489 
Total$1,981 $1,583 $3,564 $1,834 $1,400 $3,234 
1.Includes Canada and Latin America.
2.Europe, Middle East and Africa.
3.Includes Hong Kong.

Contract Balances
From time to time, the Company enters into arrangements in which it receives payments from customers based upon contractual billing schedules. The Company records accounts receivables when the right to consideration becomes unconditional. Contract liabilities primarily reflect deferred revenue from advance payment for product that the Company has received from customers. The Company classifies deferred revenue as current or noncurrent based on the timing of when the Company expects to recognize revenue.

Revenue recognized from amounts included in contract liabilities at the beginning of the period were insignificant for the three and nine months ended September 30, 2025 and 2024. The Company did not recognize any asset impairment charges related to contract assets during the periods. Qnity expects to recognize its noncurrent deferred revenue over a seven-year period beginning in fiscal year 2027.
Contract BalancesSeptember 30, 2025December 31, 2024
In millions
Accounts receivable - trade 1
$688 $580 
Deferred revenue - current 2
$1 $1 
Deferred revenue - noncurrent 3
$35 $35 
1.Included in "Accounts and notes receivable - net" in the interim Condensed Combined Balance Sheets.
2.Included in "Accrued and other current liabilities" in the interim Condensed Combined Balance Sheets.
3.Included in "Other noncurrent obligations" in the interim Condensed Combined Balance Sheets.