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Side-by-side financial comparison of Hologic (HOLX) and Qnity Electronics, Inc. (Q). Click either name above to swap in a different company.
Qnity Electronics, Inc. is the larger business by last-quarter revenue ($1.3B vs $1.0B, roughly 1.2× Hologic). Hologic runs the higher net margin — 17.1% vs 16.5%, a 0.6% gap on every dollar of revenue. On growth, Qnity Electronics, Inc. posted the faster year-over-year revenue change (11.1% vs 2.5%). Qnity Electronics, Inc. produced more free cash flow last quarter ($568.0M vs $215.2M).
Hologic, Inc. is an American medical technology company primarily focused on women's health; it sells medical devices for diagnostics, surgery, and medical imaging.
HOLX vs Q — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.0B | $1.3B |
| Net Profit | $179.1M | $211.0M |
| Gross Margin | 56.0% | 45.1% |
| Operating Margin | 22.6% | 21.3% |
| Net Margin | 17.1% | 16.5% |
| Revenue YoY | 2.5% | 11.1% |
| Net Profit YoY | -10.9% | 6.0% |
| EPS (diluted) | $0.79 | $1.01 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $1.0B | — | ||
| Q3 25 | $1.0B | $1.3B | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $1.0B | — | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $988.0M | $1.1B | ||
| Q2 24 | $1.0B | — | ||
| Q1 24 | $1.0B | — |
| Q4 25 | $179.1M | — | ||
| Q3 25 | $187.2M | $211.0M | ||
| Q2 25 | $194.9M | — | ||
| Q1 25 | $-17.4M | — | ||
| Q4 24 | $201.0M | — | ||
| Q3 24 | $178.6M | $199.0M | ||
| Q2 24 | $194.5M | — | ||
| Q1 24 | $169.9M | — |
| Q4 25 | 56.0% | — | ||
| Q3 25 | 55.6% | 45.1% | ||
| Q2 25 | 56.3% | — | ||
| Q1 25 | 37.5% | — | ||
| Q4 24 | 56.8% | — | ||
| Q3 24 | 56.4% | 47.0% | ||
| Q2 24 | 55.4% | — | ||
| Q1 24 | 53.3% | — |
| Q4 25 | 22.6% | — | ||
| Q3 25 | 22.6% | 21.3% | ||
| Q2 25 | 24.9% | — | ||
| Q1 25 | -0.7% | — | ||
| Q4 24 | 22.5% | — | ||
| Q3 24 | 23.3% | 21.8% | ||
| Q2 24 | 24.1% | — | ||
| Q1 24 | 20.7% | — |
| Q4 25 | 17.1% | — | ||
| Q3 25 | 17.8% | 16.5% | ||
| Q2 25 | 19.0% | — | ||
| Q1 25 | -1.7% | — | ||
| Q4 24 | 19.7% | — | ||
| Q3 24 | 18.1% | 17.3% | ||
| Q2 24 | 19.2% | — | ||
| Q1 24 | 16.7% | — |
| Q4 25 | $0.79 | — | ||
| Q3 25 | $0.84 | $1.01 | ||
| Q2 25 | $0.86 | — | ||
| Q1 25 | $-0.08 | — | ||
| Q4 24 | $0.87 | — | ||
| Q3 24 | $0.75 | $0.95 | ||
| Q2 24 | $0.82 | — | ||
| Q1 24 | $0.72 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.4B | $128.0M |
| Total DebtLower is stronger | $2.5B | $1.7B |
| Stockholders' EquityBook value | $5.2B | $9.1B |
| Total Assets | $9.2B | $12.5B |
| Debt / EquityLower = less leverage | 0.48× | 0.19× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.4B | — | ||
| Q3 25 | $2.2B | $128.0M | ||
| Q2 25 | $1.9B | — | ||
| Q1 25 | $1.6B | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.3B | — | ||
| Q2 24 | $2.4B | — | ||
| Q1 24 | $2.2B | — |
| Q4 25 | $2.5B | — | ||
| Q3 25 | $2.5B | $1.7B | ||
| Q2 25 | $2.5B | — | ||
| Q1 25 | $2.5B | — | ||
| Q4 24 | $2.5B | — | ||
| Q3 24 | $2.5B | — | ||
| Q2 24 | $2.5B | — | ||
| Q1 24 | $2.6B | — |
| Q4 25 | $5.2B | — | ||
| Q3 25 | $5.0B | $9.1B | ||
| Q2 25 | $4.8B | — | ||
| Q1 25 | $4.6B | — | ||
| Q4 24 | $4.8B | — | ||
| Q3 24 | $5.1B | $11.1B | ||
| Q2 24 | $5.0B | — | ||
| Q1 24 | $4.8B | — |
| Q4 25 | $9.2B | — | ||
| Q3 25 | $9.0B | $12.5B | ||
| Q2 25 | $8.8B | — | ||
| Q1 25 | $8.5B | — | ||
| Q4 24 | $8.7B | — | ||
| Q3 24 | $9.2B | — | ||
| Q2 24 | $8.9B | — | ||
| Q1 24 | $8.7B | — |
| Q4 25 | 0.48× | — | ||
| Q3 25 | 0.50× | 0.19× | ||
| Q2 25 | 0.52× | — | ||
| Q1 25 | 0.55× | — | ||
| Q4 24 | 0.53× | — | ||
| Q3 24 | 0.49× | — | ||
| Q2 24 | 0.51× | — | ||
| Q1 24 | 0.53× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $229.9M | $782.0M |
| Free Cash FlowOCF − Capex | $215.2M | $568.0M |
| FCF MarginFCF / Revenue | 20.5% | 44.5% |
| Capex IntensityCapex / Revenue | 1.4% | 16.8% |
| Cash ConversionOCF / Net Profit | 1.28× | 3.71× |
| TTM Free Cash FlowTrailing 4 quarters | $1.0B | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $229.9M | — | ||
| Q3 25 | $355.1M | $782.0M | ||
| Q2 25 | $343.3M | — | ||
| Q1 25 | $169.4M | — | ||
| Q4 24 | $189.3M | — | ||
| Q3 24 | $367.0M | — | ||
| Q2 24 | $405.8M | — | ||
| Q1 24 | $292.4M | — |
| Q4 25 | $215.2M | — | ||
| Q3 25 | $341.4M | $568.0M | ||
| Q2 25 | $330.5M | — | ||
| Q1 25 | $153.9M | — | ||
| Q4 24 | $172.5M | — | ||
| Q3 24 | $350.6M | — | ||
| Q2 24 | $385.3M | — | ||
| Q1 24 | $279.6M | — |
| Q4 25 | 20.5% | — | ||
| Q3 25 | 32.5% | 44.5% | ||
| Q2 25 | 32.3% | — | ||
| Q1 25 | 15.3% | — | ||
| Q4 24 | 16.9% | — | ||
| Q3 24 | 35.5% | — | ||
| Q2 24 | 38.1% | — | ||
| Q1 24 | 27.5% | — |
| Q4 25 | 1.4% | — | ||
| Q3 25 | 1.3% | 16.8% | ||
| Q2 25 | 1.3% | — | ||
| Q1 25 | 1.5% | — | ||
| Q4 24 | 1.6% | — | ||
| Q3 24 | 1.7% | — | ||
| Q2 24 | 2.0% | — | ||
| Q1 24 | 1.3% | — |
| Q4 25 | 1.28× | — | ||
| Q3 25 | 1.90× | 3.71× | ||
| Q2 25 | 1.76× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.94× | — | ||
| Q3 24 | 2.05× | — | ||
| Q2 24 | 2.09× | — | ||
| Q1 24 | 1.72× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HOLX
| Molecular Diagnostics | $255.3M | 24% |
| Breast Imaging | $219.9M | 21% |
| Services | $216.4M | 21% |
| Capital Equipment Componentsand Software | $187.2M | 18% |
| Cytology Perinatal | $76.0M | 7% |
| Interventional Breast Solutions | $71.2M | 7% |
| Blood Screening | $8.4M | 1% |
| Other Typeof Revenue | $5.4M | 1% |
Q
| Semiconductor Technologies | $693.0M | 54% |
| Interconnect Solutions | $583.0M | 46% |
