Net sales for the year ended December 31, 2025, were $4.754 billion, a 10% increase from $4.335 billion in 2024, primarily driven by an 11% increase in sales volume. The Semiconductor Technologies segment reported net sales of $2.642 billion, up 8% from 2024, with a 9% increase in volume. The Interconnect Solutions segment reported net sales of $2.112 billion, up 12% from 2024, with a 14% increase in volume. Adjusted Operating EBITDA for 2025 was $1.484 billion, up from $1.332 billion in 2024. Net income for 2025 was $729 million, a slight increase from $724 million in 2024. Research and development (R&D) expenses increased to $354 million in 2025 from $314 million in 2024. The company completed its spin-off from DuPont on November 1, 2025, becoming an independent publicly traded entity. Qnity incurred $4.1 billion in indebtedness in connection with the spin-off, resulting in $65 million in interest expense for 2025. The Board of Directors declared a quarterly dividend of $0.06 per share on November 12, 2025, paid on December 15, 2025, and another of $0.08 per share on December 9, 2025, payable on March 16, 2026. A share repurchase authorization of up to $500 million of common stock was approved by the Board on February 20, 2026.