Corning Incorporated (GLW)
NYSE: GLW · Real-Time Price · USD
147.28
-9.40 (-6.00%)
At close: Oct 12, 2026, 4:00 PM EDT
145.21
-2.07 (-1.41%)
After-hours: Oct 12, 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 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 |
| 16,964 | 16,321 | 15,629 | 14,915 | 14,206 | 13,595 | 13,118 | 12,611 | 12,393 | 12,385 | 12,588 | 13,000 | 13,315 | 13,687 | 14,189 | 14,459 | 14,586 | 14,472 | 14,082 | 13,756 | |
Revenue Growth (YoY) | 19.41% | 20.05% | 19.14% | 18.27% | 14.63% | 9.77% | 4.21% | -2.99% | -6.93% | -9.51% | -11.28% | -10.09% | -8.71% | -5.42% | 0.76% | 5.11% | 10.99% | 18.60% | 24.59% | 27.73% |
Cost of Revenue | 10,790 | 10,383 | 10,005 | 9,598 | 9,225 | 8,936 | 8,680 | 8,366 | 8,132 | 8,181 | 8,374 | 8,532 | 8,985 | 9,124 | 9,346 | 9,517 | 9,385 | 9,202 | 8,939 | 8,691 |
Gross Profit | 6,174 | 5,938 | 5,624 | 5,317 | 4,981 | 4,659 | 4,438 | 4,245 | 4,261 | 4,204 | 4,214 | 4,468 | 4,330 | 4,563 | 4,843 | 4,942 | 5,201 | 5,270 | 5,143 | 5,065 |
Selling, General & Admin | 2,284 | 2,193 | 2,080 | 2,091 | 1,962 | 1,919 | 1,902 | 1,905 | 1,881 | 1,855 | 1,825 | 1,769 | 1,752 | 1,796 | 1,835 | 1,781 | 1,804 | 1,765 | 1,727 | 1,719 |
Research & Development | 1,141 | 1,118 | 1,110 | 1,101 | 1,115 | 1,101 | 1,089 | 1,103 | 1,079 | 1,080 | 1,076 | 1,052 | 1,060 | 1,037 | 1,047 | 1,045 | 1,018 | 1,020 | 994 | 943 |
Amortization of Goodwill & Intangibles | 100 | 105 | 110 | 113 | 117 | 119 | 121 | 121 | 120 | 121 | 122 | 123 | 124 | 123 | 123 | 124 | 125 | 128 | 129 | 131 |
Operating Expenses | 3,525 | 3,416 | 3,300 | 3,305 | 3,194 | 3,139 | 3,112 | 3,129 | 3,080 | 3,056 | 3,023 | 2,944 | 2,936 | 2,956 | 3,005 | 2,950 | 2,947 | 2,913 | 2,850 | 2,793 |
Operating Income | 2,649 | 2,522 | 2,324 | 2,012 | 1,787 | 1,520 | 1,326 | 1,116 | 1,181 | 1,148 | 1,191 | 1,524 | 1,394 | 1,607 | 1,838 | 1,992 | 2,254 | 2,357 | 2,293 | 2,272 |
Interest Expense | -357 | -346 | -336 | -322 | -327 | -328 | -329 | -340 | -339 | -336 | -329 | -315 | -306 | -297 | -292 | -289 | -288 | -294 | -300 | -302 |
Interest & Investment Income | 42 | 35 | 38 | 40 | 42 | 47 | 47 | 47 | 45 | 43 | 38 | 31 | 24 | 19 | 15 | 12 | 12 | 11 | 11 | 11 |
Earnings From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -42 |
Currency Exchange Gain (Loss) | 47 | 191 | 190 | 224 | 126 | -93 | -13 | -46 | 73 | 197 | 184 | 218 | 146 | 244 | 394 | 427 | 463 | 229 | 391 | 214 |
Other Non Operating Income (Expenses) | 30 | -53 | -145 | 170 | -94 | 99 | 259 | -159 | 113 | 134 | 30 | 14 | 61 | 87 | 183 | 377 | 311 | 222 | 172 | 133 |
EBT Excluding Unusual Items | 2,411 | 2,349 | 2,071 | 2,124 | 1,534 | 1,245 | 1,290 | 618 | 1,073 | 1,186 | 1,114 | 1,472 | 1,319 | 1,660 | 2,138 | 2,519 | 2,752 | 2,525 | 2,567 | 2,286 |
Merger & Restructuring Charges | -3 | -3 | -3 | -293 | -293 | -293 | -293 | -283 | -283 | -283 | -283 | -414 | -414 | -414 | -337 | -110 | -110 | -110 | -110 | -106 |
Gain (Loss) on Sale of Assets | 2 | - | -11 | -187 | -187 | -187 | -176 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Other Unusual Items | -4 | -5 | -5 | 167 | 115 | -8 | -8 | 3 | -143 | -19 | -15 | -200 | -4 | -4 | -4 | -31 | -31 | -31 | -31 | -9 |
Pretax Income | 2,406 | 2,341 | 2,052 | 1,811 | 1,169 | 757 | 813 | 338 | 647 | 884 | 816 | 858 | 901 | 1,242 | 1,797 | 2,378 | 2,611 | 2,384 | 2,426 | 2,171 |
Income Tax Expense | 332 | 376 | 310 | 316 | 239 | 205 | 221 | 114 | 146 | 202 | 168 | 209 | 208 | 268 | 411 | 469 | 544 | 445 | 491 | 480 |
Earnings From Continuing Operations | 2,074 | 1,965 | 1,742 | 1,495 | 930 | 552 | 592 | 224 | 501 | 682 | 648 | 649 | 693 | 974 | 1,386 | 1,909 | 2,067 | 1,939 | 1,935 | 1,691 |
Minority Interest in Earnings | -174 | -155 | -146 | -129 | -111 | -98 | -86 | -68 | -64 | -68 | -67 | -64 | -64 | -63 | -70 | -70 | -65 | -51 | -29 | -20 |
Net Income | 1,900 | 1,810 | 1,596 | 1,366 | 819 | 454 | 506 | 156 | 437 | 614 | 581 | 585 | 629 | 911 | 1,316 | 1,839 | 2,002 | 1,888 | 1,906 | 1,671 |
Preferred Dividends & Other Adjustments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 803 | 827 | 852 |
Net Income to Common | 1,900 | 1,810 | 1,596 | 1,366 | 819 | 454 | 506 | 156 | 437 | 614 | 581 | 585 | 629 | 911 | 1,316 | 1,839 | 2,002 | 1,085 | 1,079 | 819 |
Net Income Growth (YoY) | 131.99% | 298.68% | 215.41% | 775.64% | 87.41% | -26.06% | -12.91% | -73.33% | -30.53% | -32.60% | -55.85% | -68.19% | -68.58% | -16.04% | 21.96% | 124.54% | 135.25% | -2.16% | 160.63% | 322.16% |
Shares Outstanding (Basic) | 858 | 856 | 855 | 855 | 854 | 854 | 853 | 852 | 852 | 850 | 848 | 847 | 845 | 843 | 843 | 845 | 847 | 847 | 828 | 807 |
Shares Outstanding (Diluted) | 877 | 872 | 871 | 871 | 870 | 870 | 869 | 867 | 862 | 860 | 859 | 858 | 858 | 857 | 857 | 859 | 862 | 847 | 844 | 824 |
Shares Change (YoY) | 0.80% | 0.26% | 0.23% | 0.46% | 0.87% | 1.19% | 1.16% | 1.02% | 0.47% | 0.32% | 0.23% | -0.15% | -0.41% | 1.15% | 1.54% | 4.28% | 7.29% | 5.05% | 9.33% | 3.26% |
EPS (Basic) | 2.22 | 2.12 | 1.87 | 1.60 | 0.96 | 0.53 | 0.59 | 0.18 | 0.51 | 0.72 | 0.69 | 0.69 | 0.74 | 1.08 | 1.56 | 2.18 | 2.36 | 1.28 | 1.30 | 1.02 |
EPS (Diluted) | 2.17 | 2.08 | 1.83 | 1.56 | 0.94 | 0.52 | 0.58 | 0.18 | 0.51 | 0.72 | 0.68 | 0.68 | 0.74 | 1.06 | 1.54 | 2.14 | 2.32 | 1.26 | 1.28 | 1.00 |
EPS Growth (YoY) | 130.95% | 299.08% | 215.52% | 751.19% | 83.78% | -27.70% | -14.71% | -73.08% | -31.02% | -31.98% | -55.84% | -68.25% | -68.08% | -15.80% | 20.31% | 113.42% | 118.70% | -10.84% | 137.04% | 293.74% |
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 | 2,395 | 1,500 | 1,413 | 1,162 | 1,194 | 1,073 | 974 | 1,039 | 938 | 890 | 615 | 395 | 255 | 429 | 1,011 | 1,197 | 1,450 | 1,492 | 1,775 | 1,758 |
Free Cash Flow Per Share | 2.73 | 1.72 | 1.62 | 1.33 | 1.37 | 1.23 | 1.12 | 1.20 | 1.09 | 1.03 | 0.72 | 0.46 | 0.30 | 0.50 | 1.18 | 1.39 | 1.68 | 1.76 | 2.10 | 2.13 |
Dividend Per Share | 1.120 | 1.120 | 1.120 | 1.120 | 1.120 | 1.120 | 1.120 | 1.120 | 1.120 | 1.120 | 1.120 | 1.110 | 1.100 | 1.090 | 1.080 | 1.050 | 1.020 | 0.990 | 0.960 | 0.940 |
Dividend Growth (YoY) | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.90% | 1.82% | 2.75% | 3.70% | 5.71% | 7.84% | 10.10% | 12.50% | 11.70% | 10.87% | 10.00% | 9.09% | 9.30% |
Gross Margin | 36.39% | 36.38% | 35.98% | 35.65% | 35.06% | 34.27% | 33.83% | 33.66% | 34.38% | 33.94% | 33.48% | 34.37% | 32.52% | 33.34% | 34.13% | 34.18% | 35.66% | 36.41% | 36.52% | 36.82% |
Operating Margin | 15.62% | 15.45% | 14.87% | 13.49% | 12.58% | 11.18% | 10.11% | 8.85% | 9.53% | 9.27% | 9.46% | 11.72% | 10.47% | 11.74% | 12.95% | 13.78% | 15.45% | 16.29% | 16.28% | 16.52% |
Profit Margin | 11.20% | 11.09% | 10.21% | 9.16% | 5.76% | 3.34% | 3.86% | 1.24% | 3.53% | 4.96% | 4.62% | 4.50% | 4.72% | 6.66% | 9.28% | 12.72% | 13.73% | 7.50% | 7.66% | 5.95% |
Free Cash Flow Margin | 14.12% | 9.19% | 9.04% | 7.79% | 8.40% | 7.89% | 7.42% | 8.24% | 7.57% | 7.19% | 4.89% | 3.04% | 1.92% | 3.13% | 7.12% | 8.28% | 9.94% | 10.31% | 12.61% | 12.78% |
EBITDA | 4,085 | 3,907 | 3,671 | 3,343 | 3,122 | 2,852 | 2,676 | 2,476 | 2,540 | 2,513 | 2,560 | 2,894 | 2,782 | 3,027 | 3,290 | 3,477 | 3,752 | 3,849 | 3,774 | 3,766 |
EBITDA Margin | 24.08% | 23.94% | 23.49% | 22.41% | 21.98% | 20.98% | 20.40% | 19.63% | 20.50% | 20.29% | 20.34% | 22.26% | 20.89% | 22.12% | 23.19% | 24.05% | 25.72% | 26.60% | 26.80% | 27.38% |
D&A For EBITDA | 1,436 | 1,385 | 1,347 | 1,331 | 1,335 | 1,332 | 1,350 | 1,360 | 1,359 | 1,365 | 1,369 | 1,370 | 1,388 | 1,420 | 1,452 | 1,485 | 1,498 | 1,492 | 1,481 | 1,494 |
EBIT | 2,649 | 2,522 | 2,324 | 2,012 | 1,787 | 1,520 | 1,326 | 1,116 | 1,181 | 1,148 | 1,191 | 1,524 | 1,394 | 1,607 | 1,838 | 1,992 | 2,254 | 2,357 | 2,293 | 2,272 |
EBIT Margin | 15.62% | 15.45% | 14.87% | 13.49% | 12.58% | 11.18% | 10.11% | 8.85% | 9.53% | 9.27% | 9.46% | 11.72% | 10.47% | 11.74% | 12.95% | 13.78% | 15.45% | 16.29% | 16.28% | 16.52% |
Effective Tax Rate | 13.80% | 16.06% | 15.11% | 17.45% | 20.45% | 27.08% | 27.18% | 33.73% | 22.57% | 22.85% | 20.59% | 24.36% | 23.09% | 21.58% | 22.87% | 19.72% | 20.84% | 18.67% | 20.24% | 22.11% |