Corning Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Quarter	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	Q3 2021
Period Ending	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	Sep '21 Sep 30, 2021
Revenue	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	3,615
Revenue Growth (YoY)	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%	20.46%
Cost of Revenue	2,877	2,616	2,720	2,580	2,470	2,238	2,304	2,254	2,302	1,982	2,083	2,169	2,230	2,175	2,491	2,426	2,369	2,397	2,405	2,294
Gross Profit	1,628	1,528	1,495	1,520	1,392	1,214	1,197	1,137	949	993	911	1,004	1,013	1,003	915	1,062	1,246	1,283	1,271	1,321
Selling, General & Admin	608	588	512	624	515	471	499	510	471	451	514	468	440	421	517	461	486	434	476	486
Depreciation & Amortization Expenses	23	23	27	27	28	28	30	31	30	30	30	30	31	31	31	31	30	31	32	32
Research & Development	299	278	284	280	276	270	275	294	262	258	289	270	263	254	281	278	240	248	280	251
Total Operating Expenses	930	889	823	931	819	769	804	835	763	739	833	768	734	706	829	770	756	713	788	769
Operating Income	698	639	672	589	573	445	393	302	186	254	78	236	279	297	86	292	490	570	483	552
Interest Income	12	9	11	10	5	12	13	12	10	12	13	10	8	7	6	3	3	3	3	3
Interest Expense	-94	-92	-93	-78	-83	-82	-79	-83	-84	-83	-90	-82	-81	-76	-76	-73	-72	-71	-73	-72
Other Non-Operating Income (Expense)	33	-27	88	29	89	-135	110	-323	60	113	-39	53	203	0	-12	38	329	281	172	10
Total Non-Operating Income (Expense)	-49	-110	6	-39	11	-205	44	-394	-14	42	-116	-19	130	-69	-82	-32	260	213	102	-59
Pretax Income	649	529	678	550	584	240	437	-92	172	296	-38	217	409	228	4	260	750	783	585	493
Provision for Income Taxes	40	121	91	80	84	55	97	3	50	71	-10	35	106	37	31	34	166	180	89	109
Net Income	609	408	587	470	500	185	340	-95	122	225	-28	182	303	191	-27	226	584	603	496	384
Minority Interest in Earnings	50	37	47	40	31	28	30	22	18	16	12	18	22	15	9	18	21	22	9	13
Net Income to Common	559	371	540	430	469	157	310	-117	104	209	-40	164	281	176	-36	208	563	581	487	371
Net Income Growth (YoY)	19.19%	136.31%	74.19%	-	350.96%	-24.88%	-	-	-62.99%	18.75%	-	-21.15%	-50.09%	-69.71%	-	-43.94%	25.39%	-3.00%	93.25%	-13.11%
Shares Outstanding (Basic)	862	857	856	856	855	855	855	854	853	852	851	850	848	844	843	843	843	843	849	852
Shares Outstanding (Diluted)	875	871	868	868	865	866	866	854	864	862	851	859	859	859	843	855	856	859	864	866
Shares Change (YoY)	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%	-2.59%
EPS (Basic)	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	0.44
EPS (Diluted)	0.64	0.43	0.62	0.50	0.54	0.18	0.36	-0.14	0.12	0.24	-0.05	0.19	0.33	0.20	-0.04	0.24	0.66	0.68	0.56	0.43
EPS Growth (YoY)	18.52%	138.89%	72.22%	-	350.00%	-25.00%	-	-	-63.64%	20.00%	-	-20.83%	-50.00%	-70.59%	-	-44.19%	-	1.49%	100.00%	-10.42%

Additional Metrics

Fiscal Quarter	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	Q3 2021
Period Ending	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	Sep '21 Sep 30, 2021
Free Cash Flow	1,295	30	535	535	400	-57	425.5	425.5	279	-156	434	381	231	-431	214	241	405	151	400	494
Free Cash Flow Growth (YoY)	223.75%	-	25.73%	25.73%	43.37%	-	-1.96%	11.68%	20.78%	-	102.80%	58.09%	-42.96%	-	-46.50%	-51.21%	-9.40%	-65.21%	4.44%	8.57%
Free Cash Flow Per Share	1.48	0.03	0.62	0.62	0.46	-0.07	0.49	0.50	0.32	-0.18	0.51	0.44	0.27	-0.50	0.25	0.28	0.47	0.18	0.46	0.57
Dividends 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	0.270	0.270	0.270	0.270	0.240	0.240
Dividend Growth (YoY)	-	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%	9.09%
Gross Margin	36.14%	36.87%	35.47%	37.07%	36.04%	35.17%	34.19%	33.53%	29.19%	33.38%	30.43%	31.64%	31.24%	31.56%	26.86%	30.45%	34.47%	34.86%	34.58%	36.54%
Operating Margin	15.49%	15.42%	15.94%	14.37%	14.84%	12.89%	11.23%	8.91%	5.72%	8.54%	2.61%	7.44%	8.60%	9.35%	2.52%	8.37%	13.55%	15.49%	13.14%	15.27%
Profit Margin	13.52%	9.85%	13.93%	11.46%	12.95%	5.36%	9.71%	-2.80%	3.75%	7.56%	-0.94%	5.74%	9.34%	6.01%	-0.79%	6.48%	16.15%	16.39%	13.49%	10.62%
FCF Margin	28.75%	0.72%	12.69%	13.05%	10.36%	-1.65%	12.15%	12.55%	8.58%	-5.24%	14.50%	12.01%	7.12%	-13.56%	6.28%	6.91%	11.20%	4.10%	10.88%	13.67%
EBITDA	1,089	996	1,023	926	913	764	728	643	523	591	423	576	622	638	432	650	865	943	862	923
EBITDA Margin	24.17%	24.03%	24.27%	22.59%	23.64%	22.13%	20.79%	18.96%	16.09%	19.87%	14.13%	18.15%	19.18%	20.08%	12.68%	18.64%	23.93%	25.62%	23.45%	25.53%
EBIT	698	639	672	589	573	445	393	302	186	254	78	236	279	297	86	292	490	570	483	552
EBIT Margin	15.49%	15.42%	15.94%	14.37%	14.84%	12.89%	11.23%	8.91%	5.72%	8.54%	2.61%	7.44%	8.60%	9.35%	2.52%	8.37%	13.55%	15.49%	13.14%	15.27%
Effective Tax Rate	6.16%	22.87%	13.42%	14.55%	14.38%	22.92%	22.20%	-3.26%	29.07%	23.99%	26.32%	16.13%	25.92%	16.23%	775.00%	13.08%	22.13%	22.99%	15.21%	22.11%

SEC Filings: 10-K · 10-Q