Corning Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	1,742	592	648	1,386	1,935
Depreciation & Amortization	1,347	1,350	1,369	1,452	1,481
Stock-Based Compensation	286	273	218	175	190
Other Adjustments	-494	59	-107	-399	-423
Change in Receivables	-749	-717	50	113	-54
Changes in Inventories	-243	-171	157	-522	-103
Changes in Accounts Payable	584	470	-173	408	772
Changes in Unearned Revenue	-58	-27	-5	-49	-116
Changes in Other Operating Activities	280	110	-152	51	-270
Operating Cash Flow	2,695	1,939	2,005	2,615	3,412
Operating Cash Flow Growth	38.99%	-3.29%	-23.33%	-23.36%	56.51%
Capital Expenditures	-1,282	-965	-1,390	-1,604	-1,637
Sale of Property, Plant & Equipment	11	80	89	-	-
Proceeds from Business Divestments	-	-	-	76	103
Other Investing Activities	28	141	301	173	115
Investing Cash Flow	-1,243	-744	-1,000	-1,355	-1,419
Short-Term Debt Issued	-298	-267	-284	-87	-860
Net Short-Term Debt Issued (Repaid)	-298	-267	-284	-87	-860
Long-Term Debt Issued	294	153	1,000	127	22
Long-Term Debt Repaid	-421	-30	-36	-	-
Net Long-Term Debt Issued (Repaid)	-127	123	964	127	22
Issuance of Common Stock	41	76	42	40	-61
Repurchase of Common Stock	-261	-246	-106	-268	-781
Net Common Stock Issued (Repurchased)	-220	-170	-64	-228	-842
Repurchase of Preferred Stock	-	-	-507	-507	-
Net Preferred Stock Issued (Repurchased)	-	-	-507	-507	-
Common Dividends Paid	-999	-986	-989	-932	-871
Other Financing Activities	-28	136	-3	-22	2
Financing Cash Flow	-1,672	-1,164	-883	-1,649	-2,452
Effect of Exchange Rate Changes on Cash and Cash Equivalents	18	-42	-14	-88	-65
Net Cash Flow	-202	-11	108	-477	-524
Free Cash Flow	1,413	974	615	1,011	1,775
Free Cash Flow Growth	45.07%	58.37%	-39.17%	-43.04%	121.05%
FCF Margin	9.04%	7.42%	4.89%	7.13%	12.60%
Free Cash Flow Per Share	1.62	1.12	0.72	1.18	2.10
Levered Free Cash Flow	1,799	1,129	1,067	1,092	1,195
Unlevered Free Cash Flow	2,563	1,593	512.76	845.11	1,812

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.