Corning Inc (GLW) Quarterly Income Statement

120+ quarters historyFree accessUpdated daily

Corning Inc (GLW) quarterly income statement — complete revenue, gross profit & net income history

Quarterly statement

GLW Income Statement

Corning Inc (GLW) annual income statement — 30-year revenue, gross profit & net income history

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21	Q3'21

Sales/Revenue	4.5B	4.14B	4.21B	4.1B	3.86B	3.45B	3.5B	3.39B	3.25B	2.98B	2.99B	3.17B	3.24B	3.18B	3.41B	3.49B	3.62B	3.68B	3.68B	3.62B
Revenue Growth %	16.65%	20.05%	20.39%	20.91%	18.79%	16.03%	16.93%	6.87%	0.25%	-6.39%	-12.1%	-9.03%	-10.29%	-13.64%	-7.34%	-3.51%	3.26%	11.85%	9.73%	20.46%
Cost of Goods Sold	2.88B	2.62B	2.73B	2.58B	2.47B	2.24B	2.3B	2.25B	2.3B	1.98B	2.08B	2.17B	2.23B	2.17B	2.49B	2.43B	2.37B	2.4B	2.4B	2.29B
COGS % of Revenue	63.86%	63.13%	64.74%	62.93%	63.96%	64.83%	65.81%	66.47%	70.81%	66.62%	69.57%	68.36%	68.76%	68.44%	73.14%	69.55%	65.53%	65.14%	65.42%	63.46%
Gross Profit	1.63B	1.53B	1.49B	1.52B	1.39B	1.21B	1.2B	1.14B	949M	993M	911M	1B	1.01B	1B	915M	1.06B	1.25B	1.28B	1.27B	1.32B
Gross Margin %	36.14%	36.87%	35.25%	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%
Gross Profit Growth %	16.95%	25.86%	24.14%	33.69%	46.68%	22.26%	31.39%	13.25%	-6.32%	-1%	-0.44%	-5.46%	-18.7%	-21.82%	-28.01%	-19.61%	-5.25%	10.99%	4.78%	31.97%
Operating Expenses	930M	889M	788M	931M	819M	769M	804M	835M	763M	739M	833M	768M	734M	706M	829M	770M	756M	713M	788M	769M
OpEx % of Revenue	20.64%	21.45%	18.7%	22.71%	21.21%	22.28%	22.96%	24.62%	23.47%	24.84%	27.82%	24.2%	22.63%	22.22%	24.34%	22.08%	20.91%	19.38%	21.44%	21.27%
Selling, General & Admin	608M	588M	504M	624M	515M	471M	499M	510M	471M	451M	514M	468M	440M	421M	517M	461M	486M	434M	476M	486M
SG&A % of Revenue	13.5%	14.19%	11.96%	15.22%	13.34%	13.64%	14.25%	15.04%	14.49%	15.16%	17.17%	14.75%	13.57%	13.25%	15.18%	13.22%	13.44%	11.79%	12.95%	13.44%
Research & Development	299M	278M	284M	280M	276M	270M	275M	294M	262M	258M	289M	270M	263M	254M	281M	278M	240M	248M	280M	251M
R&D % of Revenue	6.64%	6.71%	6.74%	6.83%	7.15%	7.82%	7.85%	8.67%	8.06%	8.67%	9.65%	8.51%	8.11%	7.99%	8.25%	7.97%	6.64%	6.74%	7.62%	6.94%
Other Operating Expenses	1000K	1000K	0	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Operating Income	698M	639M	698M	589M	573M	445M	393M	302M	186M	254M	78M	236M	279M	297M	86M	292M	490M	570M	483M	552M
Operating Margin %	15.49%	15.42%	16.56%	14.37%	14.84%	12.89%	11.23%	8.91%	5.72%	8.54%	2.61%	7.44%	8.6%	9.35%	2.53%	8.37%	13.55%	15.49%	13.14%	15.27%
Operating Income Growth %	21.82%	43.6%	77.61%	95.03%	208.06%	75.2%	403.85%	27.97%	-33.33%	-14.48%	-9.3%	-19.18%	-43.06%	-47.89%	-82.19%	-47.1%	-14.78%	13.55%	1.47%	114.79%
EBITDA	1.09B	662M	1.05B	916M	913M	764M	728M	643M	523M	591M	423M	576M	622M	638M	432M	650M	865M	943M	862M	923M
EBITDA Margin %	24.17%	15.97%	24.89%	22.34%	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%
EBITDA Growth %	19.28%	-13.35%	44.09%	42.46%	74.57%	29.27%	72.1%	11.63%	-15.92%	-7.37%	-2.08%	-11.38%	-28.09%	-32.34%	-49.88%	-29.58%	-8.37%	9.14%	-0.69%	41.78%
D&A (Non-Cash Add-back)	391M	23M	351M	327M	340M	319M	335M	341M	337M	337M	345M	340M	343M	341M	346M	358M	375M	373M	379M	371M
EBIT	743M	666M	771M	628M	667M	322M	516M	-9M	256M	379M	52M	299M	490M	304M	80M	333M	822M	854M	649M	565M
Net Interest Income	-82M	-83M	-82M	-68M	-78M	-70M	-66M	-71M	-74M	-71M	-77M	-72M	-73M	-69M	-70M	-70M	-69M	-68M	-70M	-69M
Interest Income	12M	9M	11M	10M	5M	12M	13M	12M	10M	12M	13M	10M	8M	7M	6M	3M	3M	3M	3M	3M
Interest Expense	94M	92M	93M	78M	83M	82M	79M	83M	84M	83M	90M	82M	81M	76M	76M	73M	72M	71M	73M	72M
Other Income/Expense	-49M	-110M	-20M	-39M	11M	-205M	44M	-394M	-14M	42M	-116M	-19M	130M	-69M	-82M	-32M	260M	213M	102M	-59M
Pretax Income	649M	529M	678M	550M	584M	240M	437M	-92M	172M	296M	-38M	217M	409M	228M	4M	260M	750M	783M	585M	493M
Pretax Margin %	14.41%	12.77%	16.09%	13.41%	15.12%	6.95%	12.48%	-2.71%	5.29%	9.95%	-1.27%	6.84%	12.61%	7.17%	0.12%	7.45%	20.75%	21.28%	15.91%	13.64%
Income Tax	40M	121M	91M	80M	84M	55M	97M	3M	50M	71M	-10M	35M	106M	37M	31M	34M	166M	180M	89M	109M
Effective Tax Rate %	6.16%	22.87%	13.42%	14.55%	14.38%	22.92%	22.2%	-3.26%	29.07%	23.99%	26.32%	16.13%	25.92%	16.23%	775%	13.08%	22.13%	22.99%	15.21%	22.11%
Net Income	559M	371M	540M	430M	469M	157M	310M	-117M	104M	209M	-40M	164M	281M	176M	-36M	208M	563M	581M	487M	371M
Net Margin %	12.41%	8.95%	12.81%	10.49%	12.14%	4.55%	8.85%	-3.45%	3.2%	7.03%	-1.34%	5.17%	8.66%	5.54%	-1.06%	5.96%	15.57%	15.79%	13.25%	10.26%
Net Income Growth %	19.19%	136.31%	74.19%	467.52%	350.96%	-24.88%	875%	-171.34%	-62.99%	18.75%	-11.11%	-21.15%	-50.09%	-69.71%	-107.39%	-43.94%	25.39%	-3%	93.25%	-13.11%
Net Income (Continuing)	609M	408M	587M	470M	500M	185M	340M	-95M	122M	225M	-28M	182M	303M	191M	-27M	226M	584M	603M	496M	384M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	567M	537M	500M	469M	429M	412M	384M	364M	342M	333M	317M	314M	298M	282M	267M	264M	248M	234M	212M	210M
EPS (Diluted)	0.64	0.43	0.63	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 %	18.52%	138.89%	75%	457.14%	350%	-25%	865.96%	-173.68%	-63.64%	20%	-10.07%	-20.83%	-50%	-70.59%	-107.63%	-44.19%	257.14%	1.49%	115.38%	-10.42%
EPS (Basic)	0.65	0.43	0.63	0.50	0.55	0.18	0.35	-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
Diluted Shares Outstanding	873.44M	862.79M	860M	860M	866M	866M	854M	854M	864M	862M	851M	859M	859M	859M	843M	855M	856M	859M	864M	866M
Basic Shares Outstanding	860M	862.79M	860M	860M	854M	854M	881.99M	854M	853M	852M	851M	850M	848M	844M	843M	843M	843M	843M	849M	852M
Dividend Payout Ratio	44.9%	65.77%	47.22%	56.05%	55.65%	154.14%	80.32%	-	242.31%	116.27%	-	150%	91.1%	135.8%	-	112.5%	41.56%	39.24%	43.53%	58.49%