Corning Incorporated (GLW)
NYSE: GLW · Real-Time Price · USD
126.30
-1.44 (-1.13%)
At close: Oct 27, 2026, 4:00 PM EDT
129.20
+2.90 (2.30%)
Pre-market: Oct 28, 2026, 6:48 AM EDT
Corning Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 | 2,204 | 1,596 | 506 | 581 | 1,316 | 1,906 |
Depreciation & Amortization | 1,492 | 1,347 | 1,350 | 1,369 | 1,452 | 1,481 |
Loss (Gain) From Sale of Assets | 65 | 27 | 143 | 155 | 189 | 57 |
Stock-Based Compensation | 368 | 286 | 273 | 218 | 175 | 190 |
Other Operating Activities | -478 | -375 | 2 | -195 | -518 | -451 |
Change in Accounts Receivable | -736 | -749 | -717 | 50 | 113 | -54 |
Change in Inventory | -548 | -243 | -171 | 157 | -522 | -103 |
Change in Accounts Payable | 852 | 584 | 470 | -173 | 408 | 772 |
Change in Unearned Revenue | 861 | 210 | -33 | -47 | 61 | -88 |
Change in Other Net Operating Assets | 112 | 12 | 116 | -110 | -59 | -298 |
Operating Cash Flow | 4,192 | 2,695 | 1,939 | 2,005 | 2,615 | 3,412 |
Operating Cash Flow Growth | 85.00% | 38.99% | -3.29% | -23.33% | -23.36% | 56.51% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Capital Expenditures | -1,731 | -1,282 | -965 | -1,390 | -1,604 | -1,637 |
Sale of Property, Plant & Equipment | 11 | 11 | 80 | 89 | - | - |
Divestitures | - | - | - | - | 76 | 103 |
Investment in Securities | -134 | -134 | -7 | -17 | - | 84 |
Other Investing Activities | 371 | 162 | 148 | 318 | 173 | 31 |
Investing Cash Flow | -1,483 | -1,243 | -744 | -1,000 | -1,355 | -1,419 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Long-Term Debt Issued | - | 294 | 153 | 1,000 | 127 | 22 |
Total Debt Issued | 458 | 294 | 153 | 1,000 | 127 | 22 |
Long-Term Debt Repaid | - | -719 | -297 | -320 | -87 | -860 |
Total Debt Repaid | -1,449 | -719 | -297 | -320 | -87 | -860 |
Net Debt Issued (Repaid) | -991 | -425 | -144 | 680 | 40 | -838 |
Issuance of Common Stock | 34 | 41 | 76 | 42 | 40 | 97 |
Repurchase of Common Stock | -310 | -261 | -246 | -106 | -268 | -335 |
Common Dividends Paid | -1,012 | -999 | -986 | -989 | -932 | -871 |
Dividends Paid | -1,012 | -999 | -986 | -989 | -932 | -871 |
Other Financing Activities | 460 | -28 | 136 | -3 | -22 | 2 |
Financing Cash Flow | -1,819 | -1,672 | -1,164 | -883 | -1,649 | -2,452 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Foreign Exchange Rate Adjustments | 13 | 18 | -42 | -14 | -88 | -65 |
Net Cash Flow | 903 | -202 | -11 | 108 | -477 | -524 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Free Cash Flow | 2,461 | 1,413 | 974 | 615 | 1,011 | 1,775 |
Free Cash Flow Growth | 111.79% | 45.07% | 58.37% | -39.17% | -43.04% | 121.05% |
Free Cash Flow Margin | 13.89% | 9.04% | 7.42% | 4.89% | 7.12% | 12.61% |
Free Cash Flow Per Share | 2.83 | 1.62 | 1.12 | 0.72 | 1.18 | 2.10 |
Levered Free Cash Flow | 874.38 | 636.5 | 1,101 | 131.75 | 901.25 | 2,243 |
Unlevered Free Cash Flow | 1,103 | 846.5 | 1,307 | 337.38 | 1,084 | 2,430 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Cash Interest Paid | 275 | 275 | 279 | 234 | 227 | 251 |
Cash Income Tax Paid | 283 | 283 | 263 | 213 | 426 | 377 |
Change in Working Capital | 541 | -186 | -335 | -123 | 1 | 229 |