Corning Incorporated (GLW)
NYSE: GLW · Real-Time Price · USD
63.24
+0.63 (1.01%)
At close: Jul 31, 2025, 4:00 PM
62.66
-0.58 (-0.92%)
After-hours: Jul 31, 2025, 7:57 PM EDT

Corning Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2024FY 2023FY 2022FY 2021FY 20202016 - 2020
Period Ending
Jun '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 2016 - 2020
14,20613,11812,58814,18914,08211,303
Upgrade
Revenue Growth (YoY)
14.63%4.21%-11.28%0.76%24.59%-1.74%
Upgrade
Cost of Revenue
9,1798,6318,3749,3468,9397,329
Upgrade
Gross Profit
5,0274,4874,2144,8435,1433,974
Upgrade
Selling, General & Admin
1,9491,8901,8291,8351,7271,601
Upgrade
Research & Development
1,1141,0891,0761,047994907
Upgrade
Operating Expenses
3,1803,1003,0273,0052,8502,629
Upgrade
Operating Income
1,8471,3871,1871,8382,2931,345
Upgrade
Interest Expense
-327-329-329-292-300-276
Upgrade
Interest & Investment Income
424738151115
Upgrade
Currency Exchange Gain (Loss)
-49-13184394391-145
Upgrade
Other Non Operating Income (Expenses)
-691143818317233
Upgrade
EBT Excluding Unusual Items
1,4441,2061,1182,1382,567972
Upgrade
Merger & Restructuring Charges
-213-211-283-337-110-610
Upgrade
Gain (Loss) on Sale of Investments
-----498
Upgrade
Gain (Loss) on Sale of Assets
-176-176----
Upgrade
Asset Writedown
------217
Upgrade
Other Unusual Items
114-6-19-4-31-9
Upgrade
Pretax Income
1,1698138161,7972,426634
Upgrade
Income Tax Expense
239221168411491111
Upgrade
Earnings From Continuing Operations
9305926481,3861,935523
Upgrade
Minority Interest in Earnings
-111-86-67-70-29-11
Upgrade
Net Income
8195065811,3161,906512
Upgrade
Preferred Dividends & Other Adjustments
----82798
Upgrade
Net Income to Common
8195065811,3161,079414
Upgrade
Net Income Growth
87.41%-12.91%-55.85%-30.95%272.27%-46.67%
Upgrade
Shares Outstanding (Basic)
854853848843828761
Upgrade
Shares Outstanding (Diluted)
870869859857844772
Upgrade
Shares Change (YoY)
0.87%1.16%0.23%1.54%9.33%-14.13%
Upgrade
EPS (Basic)
0.960.590.691.561.300.54
Upgrade
EPS (Diluted)
0.940.580.681.541.280.54
Upgrade
EPS Growth
83.78%-14.71%-55.84%20.31%137.04%-49.43%
Upgrade
Free Cash Flow
1,1949746151,0111,775803
Upgrade
Free Cash Flow Per Share
1.371.120.721.182.101.04
Upgrade
Dividend Per Share
1.1201.1201.1201.0800.9600.880
Upgrade
Dividend Growth
--3.70%12.50%9.09%10.00%
Upgrade
Gross Margin
35.39%34.21%33.48%34.13%36.52%35.16%
Upgrade
Operating Margin
13.00%10.57%9.43%12.95%16.28%11.90%
Upgrade
Profit Margin
5.76%3.86%4.62%9.28%7.66%3.66%
Upgrade
Free Cash Flow Margin
8.40%7.42%4.89%7.12%12.61%7.10%
Upgrade
EBITDA
3,1822,7372,5563,2903,7742,865
Upgrade
EBITDA Margin
22.40%20.86%20.30%23.19%26.80%25.35%
Upgrade
D&A For EBITDA
1,3351,3501,3691,4521,4811,520
Upgrade
EBIT
1,8471,3871,1871,8382,2931,345
Upgrade
EBIT Margin
13.00%10.57%9.43%12.95%16.28%11.90%
Upgrade
Effective Tax Rate
20.45%27.18%20.59%22.87%20.24%17.51%
Upgrade
Updated Jul 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q