GLW · Corning Inc /Ny - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.14B | - | $4.10B | $3.86B | $3.45B | - | $3.39B | $3.25B | $2.98B | - |
| Cost of Revenue | $2.62B | - | $2.58B | $2.47B | $2.24B | - | $2.25B | $2.30B | $1.98B | - |
| Gross Profit | $1.53B | - | $1.52B | $1.39B | $1.21B | - | $1.14B | $949.00M | $993.00M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $588.00M | - | $624.00M | $515.00M | $471.00M | - | $510.00M | $471.00M | $451.00M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $334.00M | - | - | - | $291.00M | - | - | - | $307.00M | - |
| Operating Income | $639.00M | - | $589.00M | $573.00M | $445.00M | - | $302.00M | $186.00M | $254.00M | - |
| Interest Expense | $92.00M | - | $83.00M | $84.00M | $83.00M | - | - | - | - | - |
| Income Tax | $121.00M | - | $80.00M | $84.00M | $55.00M | - | $3.00M | $50.00M | $71.00M | - |
| Net Income | $371.00M | - | $430.00M | $469.00M | $157.00M | - | ($117.00M) | $104.00M | $209.00M | - |
| EPS - Basic | $0.43 | - | $0.50 | $0.55 | $0.18 | - | ($0.14) | $0.12 | $0.25 | - |
| EPS - Diluted | $0.43 | - | $0.50 | $0.54 | $0.18 | - | ($0.14) | $0.12 | $0.24 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.36B | $1.53B | $1.65B | $1.49B | $1.36B | $1.77B | $1.61B | $1.42B | $1.36B | $1.78B |
| Accounts Receivable | $2.68B | $2.78B | $2.51B | $2.30B | $2.04B | $2.05B | $1.99B | $1.72B | $1.62B | $1.57B |
| Inventory | $3.28B | $3.08B | $3.10B | $3.08B | $2.90B | $2.72B | $2.79B | $2.68B | $2.71B | $2.67B |
| Accounts Payable | $2.25B | $1.98B | $2.03B | $1.93B | $1.74B | $1.47B | $1.56B | $1.47B | $1.48B | $1.47B |
| Current Assets | $9.53B | $8.94B | $8.68B | $8.20B | $7.64B | $7.99B | $7.68B | $7.12B | $6.97B | $7.21B |
| Total Assets | $31.25B | $30.98B | $29.92B | $28.75B | $27.39B | $27.73B | $28.32B | $27.18B | $27.62B | $28.50B |
| Current Liabilities | $5.92B | $5.63B | $5.58B | $5.47B | $4.52B | $4.92B | $4.64B | $4.53B | $4.17B | $4.32B |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $18.90B | $18.67B | $17.91B | $17.20B | $16.27B | $16.66B | $16.86B | $16.25B | $16.06B | $16.63B |
| Stockholders' Equity | $11.81B | $11.81B | $11.54B | $11.12B | $10.72B | $10.69B | $11.10B | $10.59B | $11.23B | $11.55B |
| Retained Earnings | $16.68B | $16.55B | $16.25B | $15.82B | $15.84B | $15.93B | $15.86B | $15.98B | $16.36B | $16.39B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $362.00M | - | - | - | $151.00M | - | - | - | $96.00M | - |
| Investing Cash Flow | ($203.00M) | - | - | - | ($165.00M) | - | - | - | ($184.00M) | - |
| Financing Cash Flow | $59.00M | - | - | - | ($403.00M) | - | - | - | ($308.00M) | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 36.9% | - | 37.1% | 36.0% | 35.2% | - | 33.5% | 29.2% | 33.4% | - |
| Operating margin | 15.4% | - | 14.4% | 14.8% | 12.9% | - | 8.9% | 5.7% | 8.5% | - |
| EBITDA margin | 23.5% | - | - | - | 21.3% | - | - | - | 18.9% | - |
| Net margin | 9.0% | - | 10.5% | 12.1% | 4.5% | - | -3.5% | 3.2% | 7.0% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 14.2% | - | 15.2% | 13.3% | 13.6% | - | 15.0% | 14.5% | 15.2% | - |
| Effective tax rate | 24.6% | - | 15.7% | 15.2% | 25.9% | - | - | 32.5% | 25.4% | - |
| Return on assets | 1.2% | - | 1.4% | 1.6% | 0.6% | - | -0.4% | 0.4% | 0.8% | - |
| Return on equity | 3.1% | - | 3.7% | 4.2% | 1.5% | - | -1.1% | 1.0% | 1.9% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.61 | 1.59 | 1.56 | 1.50 | 1.69 | 1.62 | 1.66 | 1.57 | 1.67 | 1.67 |
| Quick ratio | 1.06 | 1.04 | 1.00 | 0.93 | 1.05 | 1.07 | 1.05 | 0.98 | 1.02 | 1.05 |
| Cash ratio | 0.23 | 0.27 | 0.30 | 0.27 | 0.30 | 0.36 | 0.35 | 0.31 | 0.33 | 0.41 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 6.9x | - | 7.1x | 6.8x | 5.4x | - | - | - | - | - |
| Equity multiplier | 2.65 | 2.62 | 2.59 | 2.59 | 2.56 | 2.60 | 2.55 | 2.57 | 2.46 | 2.47 |
| Liabilities / Assets | 0.60 | 0.60 | 0.60 | 0.60 | 0.59 | 0.60 | 0.60 | 0.60 | 0.58 | 0.58 |
| Efficiency | ||||||||||
| Asset turnover | 0.13 | - | 0.14 | 0.13 | 0.13 | - | 0.12 | 0.12 | 0.11 | - |
| Inventory turnover | 0.80 | - | 0.83 | 0.80 | 0.77 | - | 0.81 | 0.86 | 0.73 | - |
| Days sales outstanding | 236d | - | 223d | 217d | 216d | - | 214d | 193d | 199d | - |
| Days inventory outstanding | 458d | - | 439d | 456d | 472d | - | 452d | 425d | 500d | - |
| Days payable outstanding | 314d | - | 287d | 285d | 283d | - | 253d | 232d | 272d | - |
| Cash conversion cycle | 379d | - | 375d | 388d | 405d | - | 413d | 386d | 427d | - |
| Valuation | ||||||||||
| P / E | 316.2x | - | 164.1x | 97.4x | 254.3x | - | - | 323.7x | 137.3x | - |
| P / B | 10.0x | - | 6.2x | 4.1x | 3.7x | - | 3.5x | 3.2x | 2.5x | - |
| P / S | 28.6x | - | 17.4x | 11.8x | 11.5x | - | 11.4x | 10.3x | 9.6x | - |
| EV / EBITDA | 120.3x | - | - | - | 52.0x | - | - | - | 48.2x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 20.0% | - | 20.9% | 18.8% | 16.0% | - | 6.9% | 0.2% | -6.4% | - |
| Revenue CAGR (3y) | 9.3% | - | 5.5% | 2.2% | -2.1% | - | -2.1% | -2.4% | -3.3% | - |
| Revenue CAGR (5y) | 4.7% | - | 6.4% | - | 7.6% | - | 2.9% | 2.0% | 1.1% | - |
| Gross profit growth (YoY) | 25.9% | - | 33.7% | 46.7% | 22.3% | - | 13.2% | -6.3% | -1.0% | - |
| Operating income growth (YoY) | 43.6% | - | 95.0% | 208.1% | 75.2% | - | 28.0% | -33.3% | -14.5% | - |
| Net income growth (YoY) | 136.3% | - | - | 351.0% | -24.9% | - | - | -63.0% | 18.8% | - |
| EPS growth (YoY) | 138.9% | - | - | 350.0% | -25.0% | - | - | -63.6% | 20.0% | - |
| EPS CAGR (3y) | 29.1% | - | 27.7% | -6.5% | -35.8% | - | - | - | -29.0% | - |
| EPS CAGR (5y) | -8.5% | - | 0.8% | - | - | - | - | 5.9% | -15.3% | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 10.2% | 10.5% | 3.9% | 5.0% | -4.5% | -7.5% | -2.9% | -7.2% | -5.9% | -3.8% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$15.63B totalOptical Communications$6.27B · 40.1%
Display Products$2.96B · 19.0%
Specialty Materials Products$2.19B · 14.0%
Automotive Products$1.78B · 11.4%
Life Science Products$959.00M · 6.1%
Polycrystalline Silicon Products$955.00M · 6.1%
Product And Service Other$505.00M · 3.2%
Peer comparison
Same SIC group: Drawing & Insulating of Nonferrous Wire
Comparing CORNING INC /NY against the 2 most active filers in the same SIC group.
Dividends
$1.12/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| May 29, 2026 | $0.2800 |
| Feb 27, 2026 | $0.2800 |
| Nov 14, 2025 | $0.2800 |
| Aug 29, 2025 | $0.2800 |
| May 30, 2025 | $0.2800 |
| Feb 28, 2025 | $0.2800 |
| Nov 15, 2024 | $0.2800 |
| Aug 30, 2024 | $0.2800 |
| May 31, 2024 | $0.2800 |
| Feb 28, 2024 | $0.2800 |
| Nov 16, 2023 | $0.2800 |
| Aug 30, 2023 | $0.2800 |
| May 30, 2023 | $0.2800 |
| Feb 27, 2023 | $0.2800 |
| Nov 17, 2022 | $0.2700 |
| Aug 30, 2022 | $0.2700 |
| May 27, 2022 | $0.2700 |
| Feb 25, 2022 | $0.2700 |
| Nov 10, 2021 | $0.2400 |
| Aug 30, 2021 | $0.2400 |
| May 27, 2021 | $0.2400 |
| Feb 25, 2021 | $0.2400 |
| Nov 12, 2020 | $0.2200 |
| Aug 27, 2020 | $0.2200 |