Corning Incorporated (GLW)
NYSE: GLW · Real-Time Price · USD
126.30
-1.44 (-1.13%)
At close: Oct 27, 2026, 4:00 PM EDT
128.03
+1.73 (1.37%)
Pre-market: Oct 28, 2026, 6:07 AM EDT
Corning Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q3 2026 | Q2 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | 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 |
| 4,855 | 4,505 | 4,144 | 4,215 | 4,100 | 3,862 | 3,452 | 3,501 | 3,391 | 3,251 | 2,975 | 2,994 | 3,173 | 3,243 | 3,178 | 3,406 | 3,488 | 3,615 | 3,680 | 3,676 | |
Revenue Growth (YoY) | 18.41% | 16.65% | 20.05% | 20.39% | 20.91% | 18.79% | 16.03% | 16.93% | 6.87% | 0.25% | -6.39% | -12.10% | -9.03% | -10.29% | -13.64% | -7.34% | -3.51% | 3.26% | 11.85% | 9.73% |
Cost of Revenue | 3,045 | 2,877 | 2,616 | 2,717 | 2,580 | 2,470 | 2,238 | 2,310 | 2,207 | 2,161 | 1,982 | 1,996 | 2,106 | 2,230 | 2,175 | 2,154 | 2,426 | 2,369 | 2,397 | 2,325 |
Gross Profit | 1,810 | 1,628 | 1,528 | 1,498 | 1,520 | 1,392 | 1,214 | 1,191 | 1,184 | 1,090 | 993 | 998 | 1,067 | 1,013 | 1,003 | 1,252 | 1,062 | 1,246 | 1,283 | 1,351 |
Selling, General & Admin | 563 | 601 | 578 | 489 | 616 | 510 | 465 | 512 | 475 | 467 | 448 | 515 | 479 | 441 | 422 | 455 | 434 | 485 | 410 | 452 |
Research & Development | 314 | 299 | 278 | 284 | 280 | 276 | 270 | 275 | 294 | 262 | 258 | 289 | 270 | 263 | 254 | 265 | 278 | 240 | 248 | 279 |
Amortization of Goodwill & Intangibles | 22 | 23 | 23 | 27 | 27 | 28 | 28 | 30 | 31 | 30 | 30 | 30 | 30 | 31 | 31 | 31 | 31 | 30 | 31 | 32 |
Operating Expenses | 899 | 923 | 879 | 800 | 923 | 814 | 763 | 817 | 800 | 759 | 736 | 834 | 779 | 735 | 707 | 751 | 743 | 755 | 689 | 763 |
Operating Income | 911 | 705 | 649 | 698 | 597 | 578 | 451 | 374 | 384 | 331 | 257 | 164 | 288 | 278 | 296 | 501 | 319 | 491 | 594 | 588 |
Interest Expense | -87 | -94 | -92 | -93 | -78 | -83 | -82 | -79 | -83 | -84 | -83 | -90 | -82 | -81 | -76 | -76 | -73 | -72 | -71 | -73 |
Interest & Investment Income | 17 | 12 | 9 | 11 | 10 | 5 | 12 | 13 | 12 | 10 | 12 | 13 | 10 | 8 | 7 | 6 | 3 | 3 | 3 | 3 |
Currency Exchange Gain (Loss) | 138 | 79 | -62 | 35 | -7 | 224 | -63 | 69 | -105 | 6 | 17 | 36 | 14 | 130 | 4 | 70 | -58 | 228 | 154 | 103 |
Other Non Operating Income (Expenses) | -11 | -55 | 25 | 34 | 28 | -139 | -67 | 363 | -250 | 53 | 93 | -55 | 50 | 74 | -3 | -79 | 69 | 100 | 103 | 105 |
EBT Excluding Unusual Items | 968 | 647 | 529 | 685 | 550 | 585 | 251 | 740 | -42 | 316 | 296 | 68 | 280 | 409 | 228 | 422 | 260 | 750 | 783 | 726 |
Merger & Restructuring Charges | - | - | - | -3 | - | - | - | -293 | - | - | - | -283 | - | - | - | -414 | - | - | - | -110 |
Gain (Loss) on Sale of Assets | - | 2 | - | - | - | - | -11 | -176 | - | - | - | - | - | - | - | - | - | - | - | - |
Other Unusual Items | - | - | - | -4 | - | -1 | - | 166 | -50 | -144 | - | 177 | -63 | - | - | -4 | - | - | - | -31 |
Pretax Income | 968 | 649 | 529 | 678 | 550 | 584 | 240 | 437 | -92 | 172 | 296 | -38 | 217 | 409 | 228 | 4 | 260 | 750 | 783 | 585 |
Income Tax Expense | 222 | 40 | 121 | 91 | 80 | 84 | 55 | 97 | 3 | 50 | 71 | -10 | 35 | 106 | 37 | 31 | 34 | 166 | 180 | 89 |
Earnings From Continuing Operations | 746 | 609 | 408 | 587 | 470 | 500 | 185 | 340 | -95 | 122 | 225 | -28 | 182 | 303 | 191 | -27 | 226 | 584 | 603 | 496 |
Minority Interest in Earnings | -66 | -50 | -37 | -47 | -40 | -31 | -28 | -30 | -22 | -18 | -16 | -12 | -18 | -22 | -15 | -9 | -18 | -21 | -22 | -9 |
Net Income | 680 | 559 | 371 | 540 | 430 | 469 | 157 | 310 | -117 | 104 | 209 | -40 | 164 | 281 | 176 | -36 | 208 | 563 | 581 | 487 |
Net Income to Common | 680 | 559 | 371 | 540 | 430 | 469 | 157 | 310 | -117 | 104 | 209 | -40 | 164 | 281 | 176 | -36 | 208 | 563 | 581 | 487 |
Net Income Growth (YoY) | 58.14% | 19.19% | 136.31% | 74.19% | - | 350.96% | -24.88% | - | - | -62.99% | 18.75% | - | -21.15% | -50.09% | -69.71% | - | -43.94% | - | 1.04% | 114.54% |
Shares Outstanding (Basic) | 861 | 862 | 857 | 856 | 856 | 855 | 855 | 855 | 854 | 853 | 852 | 851 | 850 | 848 | 844 | 843 | 843 | 843 | 843 | 849 |
Shares Outstanding (Diluted) | 872 | 875 | 871 | 868 | 868 | 865 | 866 | 866 | 854 | 864 | 862 | 851 | 859 | 859 | 859 | 843 | 855 | 856 | 859 | 864 |
Shares Change (YoY) | 0.44% | 1.16% | 0.58% | 0.23% | 1.64% | 0.12% | 0.46% | 1.76% | -0.58% | 0.58% | 0.35% | 0.95% | 0.47% | 0.35% | - | -2.43% | -1.27% | 1.42% | -4.34% | -3.36% |
EPS (Basic) | 0.79 | 0.65 | 0.43 | 0.63 | 0.50 | 0.55 | 0.18 | 0.36 | -0.14 | 0.12 | 0.25 | -0.05 | 0.19 | 0.33 | 0.21 | -0.04 | 0.25 | 0.67 | 0.69 | 0.57 |
EPS (Diluted) | 0.78 | 0.64 | 0.43 | 0.62 | 0.50 | 0.54 | 0.18 | 0.35 | -0.14 | 0.12 | 0.24 | -0.05 | 0.19 | 0.33 | 0.20 | -0.04 | 0.24 | 0.66 | 0.68 | 0.56 |
EPS Growth (YoY) | 56.00% | 18.52% | 138.89% | 77.40% | - | 350.00% | -25.00% | - | - | -63.64% | 20.00% | - | -20.83% | -50.00% | -70.59% | - | -44.19% | - | 1.94% | 116.26% |
Additional Metrics
Fiscal Quarter | Q3 2026 | Q2 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | 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 |
Free Cash Flow | 516 | 1,295 | 30 | 620 | 450 | 400 | -57 | 369 | 482 | 279 | -156 | 434 | 381 | 231 | -431 | 214 | 241 | 405 | 151 | 400 |
Free Cash Flow Per Share | 0.59 | 1.48 | 0.03 | 0.71 | 0.52 | 0.46 | -0.07 | 0.43 | 0.56 | 0.32 | -0.18 | 0.51 | 0.44 | 0.27 | -0.50 | 0.25 | 0.28 | 0.47 | 0.18 | 0.46 |
Dividend Per Share | - | 0.280 | 0.280 | 0.280 | 0.280 | 0.280 | 0.280 | 0.280 | 0.280 | 0.280 | 0.280 | 0.280 | 0.280 | 0.280 | 0.280 | 0.270 | 0.270 | 0.270 | 0.270 | 0.240 |
Dividend Growth (YoY) | - | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 3.70% | 3.70% | 3.70% | 3.70% | 12.50% | 12.50% | 12.50% | 12.50% | 9.09% |
Gross Margin | 37.28% | 36.14% | 36.87% | 35.54% | 37.07% | 36.04% | 35.17% | 34.02% | 34.92% | 33.53% | 33.38% | 33.33% | 33.63% | 31.24% | 31.56% | 36.76% | 30.45% | 34.47% | 34.86% | 36.75% |
Operating Margin | 18.76% | 15.65% | 15.66% | 16.56% | 14.56% | 14.97% | 13.06% | 10.68% | 11.32% | 10.18% | 8.64% | 5.48% | 9.08% | 8.57% | 9.31% | 14.71% | 9.15% | 13.58% | 16.14% | 16.00% |
Profit Margin | 14.01% | 12.41% | 8.95% | 12.81% | 10.49% | 12.14% | 4.55% | 8.86% | -3.45% | 3.20% | 7.03% | -1.34% | 5.17% | 8.67% | 5.54% | -1.06% | 5.96% | 15.57% | 15.79% | 13.25% |
Free Cash Flow Margin | 10.63% | 28.75% | 0.72% | 14.71% | 10.98% | 10.36% | -1.65% | 10.54% | 14.21% | 8.58% | -5.24% | 14.50% | 12.01% | 7.12% | -13.56% | 6.28% | 6.91% | 11.20% | 4.10% | 10.88% |
EBITDA | 1,304 | 1,096 | 1,006 | 1,049 | 934 | 918 | 770 | 709 | 725 | 668 | 594 | 509 | 628 | 621 | 637 | 847 | 677 | 866 | 967 | 967 |
EBITDA Margin | 26.86% | 24.33% | 24.28% | 24.89% | 22.78% | 23.77% | 22.31% | 20.25% | 21.38% | 20.55% | 19.97% | 17.00% | 19.79% | 19.15% | 20.04% | 24.87% | 19.41% | 23.96% | 26.28% | 26.31% |
D&A For EBITDA | 393 | 391 | 357 | 351 | 337 | 340 | 319 | 335 | 341 | 337 | 337 | 345 | 340 | 343 | 341 | 346 | 358 | 375 | 373 | 379 |
EBIT | 911 | 705 | 649 | 698 | 597 | 578 | 451 | 374 | 384 | 331 | 257 | 164 | 288 | 278 | 296 | 501 | 319 | 491 | 594 | 588 |
EBIT Margin | 18.76% | 15.65% | 15.66% | 16.56% | 14.56% | 14.97% | 13.06% | 10.68% | 11.32% | 10.18% | 8.64% | 5.48% | 9.08% | 8.57% | 9.31% | 14.71% | 9.15% | 13.58% | 16.14% | 16.00% |
Effective Tax Rate | 22.93% | 6.16% | 22.87% | 13.42% | 14.54% | 14.38% | 22.92% | 22.20% | - | 29.07% | 23.99% | - | 16.13% | 25.92% | 16.23% | 775.00% | 13.08% | 22.13% | 22.99% | 15.21% |