Corning Incorporated (GLW)
NYSE: GLW · Real-Time Price · USD
123.31
-5.57 (-4.32%)
At close: Oct 30, 2026, 4:00 PM EDT
123.76
+0.45 (0.36%)
After-hours: Oct 30, 2026, 7:59 PM EDT
Corning Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
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 |
| 17,719 | 15,629 | 13,118 | 12,588 | 14,189 | 14,082 | |
Revenue Growth | 18.80% | 19.14% | 4.21% | -11.28% | 0.76% | 24.59% |
Cost of Revenue | 11,255 | 10,005 | 8,680 | 8,374 | 9,346 | 8,939 |
Gross Profit | 6,464 | 5,624 | 4,438 | 4,214 | 4,843 | 5,143 |
Selling, General & Admin | 2,223 | 2,080 | 1,902 | 1,825 | 1,835 | 1,727 |
Research & Development | 1,175 | 1,110 | 1,089 | 1,076 | 1,047 | 994 |
Amortization of Goodwill & Intangibles | 95 | 110 | 121 | 122 | 123 | 129 |
Operating Expenses | 3,493 | 3,300 | 3,112 | 3,023 | 3,005 | 2,850 |
Operating Income | 2,971 | 2,324 | 1,326 | 1,191 | 1,838 | 2,293 |
Interest Expense | -366 | -336 | -329 | -329 | -292 | -300 |
Interest & Investment Income | 49 | 38 | 47 | 38 | 15 | 11 |
Currency Exchange Gain (Loss) | 232 | 190 | -13 | 184 | 394 | 391 |
Other Non Operating Income (Expenses) | -57 | -145 | 259 | 30 | 183 | 172 |
EBT Excluding Unusual Items | 2,829 | 2,071 | 1,290 | 1,114 | 2,138 | 2,567 |
Merger & Restructuring Charges | -3 | -3 | -293 | -283 | -337 | -110 |
Gain (Loss) on Sale of Assets | 2 | -11 | -176 | - | - | - |
Other Unusual Items | -4 | -5 | -8 | -15 | -4 | -31 |
Pretax Income | 2,824 | 2,052 | 813 | 816 | 1,797 | 2,426 |
Income Tax Expense | 474 | 310 | 221 | 168 | 411 | 491 |
Earnings From Continuing Operations | 2,350 | 1,742 | 592 | 648 | 1,386 | 1,935 |
Minority Interest in Earnings | -200 | -146 | -86 | -67 | -70 | -29 |
Net Income | 2,150 | 1,596 | 506 | 581 | 1,316 | 1,906 |
Preferred Dividends & Other Adjustments | - | - | - | - | - | 827 |
Net Income to Common | 2,150 | 1,596 | 506 | 581 | 1,316 | 1,079 |
Net Income Growth | 57.39% | 215.41% | -12.91% | -55.85% | 21.96% | 160.63% |
Shares Outstanding (Basic) | 860 | 855 | 853 | 848 | 843 | 828 |
Shares Outstanding (Diluted) | 871 | 871 | 869 | 859 | 857 | 844 |
Shares Change | 0.06% | 0.23% | 1.16% | 0.23% | 1.54% | 9.33% |
EPS (Basic) | 2.50 | 1.87 | 0.59 | 0.69 | 1.56 | 1.30 |
EPS (Diluted) | 2.47 | 1.83 | 0.58 | 0.68 | 1.54 | 1.28 |
EPS Growth | 58.39% | 215.52% | -14.71% | -55.84% | 20.31% | 137.04% |
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 |
Free Cash Flow | 2,461 | 1,413 | 974 | 615 | 1,011 | 1,775 |
Free Cash Flow Per Share | 2.83 | 1.62 | 1.12 | 0.72 | 1.18 | 2.10 |
Dividend Per Share | 1.120 | 1.120 | 1.120 | 1.120 | 1.080 | 0.960 |
Dividend Growth | 0% | 0% | 0% | 3.70% | 12.50% | 9.09% |
Gross Margin | 36.48% | 35.98% | 33.83% | 33.48% | 34.13% | 36.52% |
Operating Margin | 16.77% | 14.87% | 10.11% | 9.46% | 12.95% | 16.28% |
Profit Margin | 12.13% | 10.21% | 3.86% | 4.62% | 9.28% | 7.66% |
Free Cash Flow Margin | 13.89% | 9.04% | 7.42% | 4.89% | 7.12% | 12.61% |
EBITDA | 4,463 | 3,671 | 2,676 | 2,560 | 3,290 | 3,774 |
EBITDA Margin | 25.19% | 23.49% | 20.40% | 20.34% | 23.19% | 26.80% |
D&A For EBITDA | 1,492 | 1,347 | 1,350 | 1,369 | 1,452 | 1,481 |
EBIT | 2,971 | 2,324 | 1,326 | 1,191 | 1,838 | 2,293 |
EBIT Margin | 16.77% | 14.87% | 10.11% | 9.46% | 12.95% | 16.28% |
Effective Tax Rate | 16.79% | 15.11% | 27.18% | 20.59% | 22.87% | 20.24% |