Corning Incorporated (GLW)
NYSE: GLW · Real-Time Price · USD
126.01
-17.35 (-12.10%)
At close: Jul 28, 2026, 4:00 PM EDT
126.98
+0.97 (0.77%)
After-hours: Jul 28, 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 | Jun '26 Jun 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 |
| 16,964 | 15,629 | 13,118 | 12,588 | 14,189 | 14,082 | |
Revenue Growth | 19.41% | 19.14% | 4.21% | -11.28% | 0.76% | 24.59% |
Cost of Revenue | 10,793 | 10,008 | 8,842 | 8,657 | 9,683 | 9,019 |
Gross Profit | 6,171 | 5,621 | 4,276 | 3,931 | 4,506 | 5,063 |
Selling, General & Admin | 2,332 | 2,122 | 1,931 | 1,843 | 1,898 | 1,827 |
Depreciation & Amortization Expenses | 100 | 110 | 121 | 122 | 123 | 129 |
Research & Development | 1,141 | 1,110 | 1,089 | 1,076 | 1,047 | 995 |
Total Operating Expenses | 3,573 | 3,342 | 3,141 | 3,041 | 3,068 | 2,951 |
Operating Income | 2,598 | 2,279 | 1,135 | 890 | 1,438 | 2,112 |
Interest Income | 42 | 38 | 47 | 38 | 15 | 11 |
Interest Expense | -357 | -336 | -329 | -329 | -292 | -300 |
Other Non-Operating Income (Expense) | 123 | 71 | -40 | 217 | 636 | 603 |
Total Non-Operating Income (Expense) | -192 | -227 | -322 | -74 | 359 | 314 |
Pretax Income | 2,406 | 2,052 | 813 | 816 | 1,797 | 2,426 |
Provision for Income Taxes | 332 | 310 | 221 | 168 | 411 | 491 |
Net Income | 2,074 | 1,742 | 592 | 648 | 1,386 | 1,935 |
Minority Interest in Earnings | 174 | 146 | 86 | 67 | 70 | 29 |
Net Income to Common | 1,900 | 1,596 | 506 | 581 | 1,316 | 1,906 |
Net Income Growth | 131.99% | 215.41% | -12.91% | -55.85% | -30.95% | 272.27% |
Shares Outstanding (Basic) | 858 | 855 | 853 | 848 | 843 | 828 |
Shares Outstanding (Diluted) | 871 | 871 | 869 | 859 | 857 | 844 |
Shares Change | 0.90% | 0.23% | 1.16% | 0.23% | 1.54% | 9.33% |
EPS (Basic) | 2.21 | 1.87 | 0.59 | 0.69 | 1.56 | 1.30 |
EPS (Diluted) | 2.19 | 1.83 | 0.58 | 0.68 | 1.54 | 1.28 |
EPS Growth | 132.98% | 215.52% | -14.71% | -55.84% | 20.31% | 137.04% |
Free Cash Flow | 2,395 | 1,413 | 974 | 615 | 1,011 | 1,775 |
Free Cash Flow Growth | 100.59% | 45.07% | 58.37% | -39.17% | -43.04% | 121.05% |
Free Cash Flow Per Share | 2.75 | 1.62 | 1.12 | 0.72 | 1.18 | 2.10 |
Dividends Per Share | 0.560 | 1.120 | 1.120 | 1.120 | 1.080 | 0.960 |
Dividend Growth | -50.00% | 0% | 0% | 3.70% | 12.50% | 9.09% |
Gross Margin | 36.38% | 35.97% | 32.60% | 31.23% | 31.76% | 35.95% |
Operating Margin | 15.31% | 14.58% | 8.65% | 7.07% | 10.13% | 15.00% |
Profit Margin | 12.23% | 11.15% | 4.51% | 5.15% | 9.77% | 13.74% |
FCF Margin | 14.12% | 9.04% | 7.42% | 4.89% | 7.13% | 12.60% |
EBITDA | 4,034 | 3,626 | 2,485 | 2,259 | 2,890 | 3,593 |
EBITDA Margin | 23.78% | 23.20% | 18.94% | 17.95% | 20.37% | 25.51% |
EBIT | 2,598 | 2,279 | 1,135 | 890 | 1,438 | 2,112 |
EBIT Margin | 15.31% | 14.58% | 8.65% | 7.07% | 10.13% | 15.00% |
Effective Tax Rate | 13.80% | 15.11% | 27.18% | 20.59% | 22.87% | 20.24% |