Corning Incorporated (GLW)
NYSE: GLW · Real-Time Price · USD
205.79
+11.72 (6.04%)
At close: Jun 24, 2026, 4:00 PM EDT
211.50
+5.71 (2.77%)
After-hours: Jun 24, 2026, 4:11 PM EDT
Corning Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 |
| 16,321 | 15,629 | 14,915 | 14,206 | 13,595 | 13,118 | 12,611 | 12,393 | 12,385 | 12,588 | 13,000 | 13,315 | 13,687 | 14,189 | 14,459 | 14,586 | 14,472 | 14,082 | 13,756 | 13,142 | |
Revenue Growth (YoY) | 20.05% | 19.14% | 18.27% | 14.63% | 9.77% | 4.21% | -2.99% | -6.93% | -9.51% | -11.28% | -10.09% | -8.71% | -5.42% | 0.76% | 5.11% | 10.99% | 18.60% | 24.59% | 27.73% | 22.79% |
Cost of Revenue | 10,386 | 10,008 | 9,592 | 9,266 | 9,098 | 8,842 | 8,621 | 8,536 | 8,464 | 8,657 | 9,065 | 9,322 | 9,461 | 9,683 | 9,597 | 9,465 | 9,282 | 9,019 | 8,751 | 8,457 |
Gross Profit | 5,935 | 5,621 | 5,323 | 4,940 | 4,497 | 4,276 | 3,990 | 3,857 | 3,921 | 3,931 | 3,935 | 3,993 | 4,226 | 4,506 | 4,862 | 5,121 | 5,190 | 5,063 | 5,005 | 4,685 |
Selling, General & Admin | 2,239 | 2,122 | 2,109 | 1,995 | 1,951 | 1,931 | 1,946 | 1,904 | 1,873 | 1,843 | 1,846 | 1,839 | 1,885 | 1,898 | 1,857 | 1,882 | 1,861 | 1,827 | 1,822 | 1,816 |
Depreciation & Amortization Expenses | 105 | 110 | 113 | 117 | 119 | 121 | 121 | 120 | 121 | 122 | 123 | 124 | 123 | 123 | 124 | 125 | 128 | 129 | 131 | 132 |
Research & Development | 1,118 | 1,110 | 1,101 | 1,115 | 1,101 | 1,089 | 1,103 | 1,079 | 1,080 | 1,076 | 1,068 | 1,076 | 1,053 | 1,047 | 1,046 | 1,019 | 1,021 | 995 | 947 | 927 |
Total Operating Expenses | 3,462 | 3,342 | 3,323 | 3,227 | 3,171 | 3,141 | 3,170 | 3,103 | 3,074 | 3,041 | 3,037 | 3,039 | 3,061 | 3,068 | 3,027 | 3,026 | 3,010 | 2,951 | 2,900 | 2,875 |
Operating Income | 2,473 | 2,279 | 2,000 | 1,713 | 1,326 | 1,135 | 820 | 754 | 847 | 890 | 898 | 954 | 1,165 | 1,438 | 1,835 | 2,095 | 2,180 | 2,112 | 2,105 | 1,810 |
Interest Income | 35 | 38 | 40 | 42 | 47 | 47 | 47 | 45 | 43 | 38 | 31 | 24 | 19 | 15 | 12 | 12 | 11 | 11 | -31 | -107 |
Interest Expense | -346 | -336 | -322 | -327 | -328 | -329 | -340 | -339 | -336 | -329 | -315 | -306 | -297 | -292 | -289 | -288 | -294 | -300 | -302 | -300 |
Other Non-Operating Income (Expense) | 179 | 71 | 93 | -259 | -288 | -40 | -189 | 187 | 330 | 217 | 244 | 229 | 355 | 636 | 820 | 792 | 485 | 603 | 397 | 723 |
Total Non-Operating Income (Expense) | -132 | -227 | -189 | -544 | -569 | -322 | -482 | -107 | 37 | -74 | -40 | -53 | 77 | 359 | 543 | 516 | 202 | 314 | 64 | 316 |
Pretax Income | 2,341 | 2,052 | 1,811 | 1,169 | 757 | 813 | 338 | 647 | 884 | 816 | 858 | 901 | 1,242 | 1,797 | 2,378 | 2,611 | 2,382 | 2,426 | 2,180 | 2,137 |
Provision for Income Taxes | 376 | 310 | 316 | 239 | 205 | 221 | 114 | 146 | 202 | 168 | 209 | 208 | 268 | 411 | 469 | 544 | 445 | 491 | 480 | 394 |
Net Income | 1,965 | 1,742 | 1,495 | 930 | 552 | 592 | 224 | 501 | 682 | 648 | 649 | 693 | 974 | 1,386 | 1,909 | 2,067 | 1,937 | 1,935 | 1,700 | 1,743 |
Minority Interest in Earnings | 155 | 146 | 129 | 111 | 98 | 86 | 68 | 64 | 68 | 67 | 64 | 64 | 63 | 70 | 70 | 65 | 49 | 29 | - | - |
Net Income to Common | 1,810 | 1,596 | 1,366 | 819 | 454 | 506 | 156 | 437 | 614 | 581 | 585 | 629 | 911 | 1,316 | 1,839 | 2,002 | 1,888 | 1,906 | 1,671 | 1,727 |
Net Income Growth | 298.68% | 215.41% | 775.64% | 87.41% | -26.06% | -12.91% | -73.33% | -30.53% | -32.60% | -55.85% | -68.19% | -68.58% | -51.75% | -30.95% | 10.05% | 15.92% | 56.42% | 272.27% | 472.26% | 754.95% |
Shares Outstanding (Basic) | 856 | 855 | 855 | 855 | 854 | 853 | 853 | 852 | 850 | 848 | 846 | 845 | 843 | 843 | 845 | 847 | 847 | 828 | 806 | 783 |
Shares Outstanding (Diluted) | 868 | 871 | 866 | 863 | 863 | 869 | 858 | 859 | 858 | 859 | 855 | 854 | 853 | 857 | 859 | 861 | 858 | 844 | 876 | 881 |
Shares Change (YoY) | 0.64% | 0.23% | 0.99% | 0.44% | 0.55% | 1.16% | 0.32% | 0.58% | 0.53% | 0.23% | -0.41% | -0.84% | -0.58% | 1.54% | -1.94% | -2.27% | -0.20% | 9.33% | 10.16% | 10.61% |
EPS (Basic) | 2.11 | 1.87 | 1.59 | 0.95 | 0.52 | 0.59 | 0.18 | 0.51 | 0.72 | 0.69 | 0.69 | 0.75 | 1.09 | 1.56 | 2.18 | 2.37 | 1.28 | 1.30 | 1.07 | 1.16 |
EPS (Diluted) | 2.09 | 1.83 | 1.58 | 0.94 | 0.52 | 0.58 | 0.17 | 0.50 | 0.71 | 0.68 | 0.68 | 0.73 | 1.06 | 1.54 | 2.14 | 2.33 | 1.25 | 1.28 | 0.96 | 1.01 |
EPS Growth | 301.92% | 215.52% | 829.41% | 88.00% | -26.76% | -14.71% | -75.00% | -31.51% | -33.02% | -55.84% | -68.22% | -68.67% | -15.20% | 20.31% | 122.92% | 130.69% | -3.85% | 137.04% | 380.00% | 910.00% |
Free Cash Flow | 1,950 | 1,863 | 1,612 | 482 | 1,706 | 974 | 1,988 | 938 | 890 | 615 | 395 | 255 | 429 | 1,011 | 1,197 | 1,450 | 1,492 | 1,775 | 1,758 | 1,719 |
Free Cash Flow Growth | 14.30% | 91.27% | -18.91% | -48.61% | 91.69% | 58.37% | 403.29% | 267.84% | 107.46% | -39.17% | -67.00% | -82.41% | -71.25% | -43.04% | -31.91% | -15.65% | -2.74% | 121.05% | 65.54% | 73.99% |
Free Cash Flow Per Share | 2.25 | 2.14 | 1.86 | 0.56 | 1.98 | 1.12 | 2.32 | 1.09 | 1.04 | 0.72 | 0.46 | 0.30 | 0.50 | 1.18 | 1.39 | 1.68 | 1.74 | 2.10 | 2.01 | 1.95 |
Dividends Per Share | 1.120 | 1.120 | 1.120 | 1.120 | 1.120 | 1.120 | 1.120 | 1.120 | 1.120 | 1.120 | 1.110 | 1.100 | 1.090 | 1.080 | 1.050 | 1.020 | 0.990 | 0.960 | 0.940 | 0.920 |
Dividend Growth | - | - | - | - | - | - | 0.90% | 1.82% | 2.75% | 3.70% | 5.71% | 7.84% | 10.10% | 12.50% | 11.70% | 10.87% | 10.00% | 9.09% | 9.30% | 9.52% |
Gross Margin | 36.36% | 35.97% | 35.69% | 34.77% | 33.08% | 32.60% | 31.64% | 31.12% | 31.66% | 31.23% | 30.27% | 29.99% | 30.88% | 31.76% | 33.63% | 35.11% | 35.86% | 35.95% | 36.38% | 35.65% |
Operating Margin | 15.15% | 14.58% | 13.41% | 12.06% | 9.75% | 8.65% | 6.50% | 6.08% | 6.84% | 7.07% | 6.91% | 7.16% | 8.51% | 10.13% | 12.69% | 14.36% | 15.06% | 15.00% | 15.30% | 13.77% |
Profit Margin | 12.04% | 11.15% | 10.02% | 6.55% | 4.06% | 4.51% | 1.78% | 4.04% | 5.51% | 5.15% | 4.99% | 5.20% | 7.12% | 9.77% | 13.20% | 14.17% | 13.38% | 13.74% | 12.36% | 13.26% |
FCF Margin | 11.95% | 11.92% | 10.81% | 3.39% | 12.55% | 7.42% | 15.76% | 7.57% | 7.19% | 4.89% | 3.04% | 1.92% | 3.13% | 7.13% | 8.28% | 9.94% | 10.31% | 12.60% | 12.78% | 13.08% |
EBITDA | 3,858 | 3,626 | 3,331 | 3,048 | 2,658 | 2,485 | 2,180 | 2,113 | 2,212 | 2,259 | 2,268 | 2,342 | 2,585 | 2,890 | 3,320 | 3,593 | 3,672 | 3,593 | 3,599 | 3,327 |
EBITDA Margin | 23.64% | 23.20% | 22.33% | 21.46% | 19.55% | 18.94% | 17.29% | 17.05% | 17.86% | 17.95% | 17.45% | 17.59% | 18.89% | 20.37% | 22.96% | 24.63% | 25.37% | 25.51% | 26.16% | 25.32% |
EBIT | 2,473 | 2,279 | 2,000 | 1,713 | 1,326 | 1,135 | 820 | 754 | 847 | 890 | 898 | 954 | 1,165 | 1,438 | 1,835 | 2,095 | 2,180 | 2,112 | 2,105 | 1,810 |
EBIT Margin | 15.15% | 14.58% | 13.41% | 12.06% | 9.75% | 8.65% | 6.50% | 6.08% | 6.84% | 7.07% | 6.91% | 7.16% | 8.51% | 10.13% | 12.69% | 14.36% | 15.06% | 15.00% | 15.30% | 13.77% |
Effective Tax Rate | 16.06% | 15.11% | 17.45% | 20.44% | 27.08% | 27.18% | 33.73% | 22.57% | 22.85% | 20.59% | 24.36% | 23.09% | 21.58% | 22.87% | 19.72% | 20.83% | 18.68% | 20.24% | 22.02% | 18.44% |