Corning Inc (GLW) Financial Statements
Industry: Drawing & Insulating of Nonferrous Wire
In fiscal 2025, Corning reported revenue of $15.63B, up 19.1% from $13.12B the year before. Net income was $1.60B (a 10.2% net margin), or $1.83 per diluted share. Gross margin was 36.0% and operating margin was 14.6%. Operating activities generated $2.69B of cash. At fiscal year end, Corning held $30.98B in total assets against $18.67B in total liabilities, including $1.53B of cash and equivalents.
Open the full interactive Corning financials → Quarterly statements, key ratios, valuation history and price charts.
Corning Key Stats
| Share Price | $148.54 |
|---|---|
| Market Cap | $129.97B |
| P/E Ratio | 81.2 |
| Revenue YoY Growth | +19.1% |
| 52-Week Range | $77.62 – $255.21 |
| Shares Outstanding | 862.0 million (basic, 2026 Q2) |
Corning Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $11.30B | $14.08B | $14.19B | $12.59B | $13.12B | $15.63B |
| Gross Profit | $3.53B | $5.06B | $4.51B | $3.93B | $4.28B | $5.62B |
| Operating Income | $509.0M | $2.11B | $1.44B | $890.0M | $1.14B | $2.28B |
| Pre-Tax Income | $623.0M | $2.40B | $1.80B | $816.0M | $813.0M | $2.05B |
| Income Tax | $111.0M | $491.0M | $411.0M | $168.0M | $221.0M | $310.0M |
| Net Income | $512.0M | $1.91B | $1.32B | $581.0M | $506.0M | $1.60B |
| Diluted EPS | $0.54 | $1.28 | $1.54 | $0.68 | $0.58 | $1.83 |
Corning Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $4.10B | $4.21B | $4.14B | $4.50B |
| Net Income | $430.0M | $540.0M | $371.0M | $559.0M |
| Diluted EPS | $0.50 | $0.62 | $0.43 | $0.64 |
Corning Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | — | — | — | — | $1.77B | $1.53B |
| Current Assets | $8.00B | $7.66B | $7.45B | $7.21B | $7.99B | $8.94B |
| Total Assets | $30.77B | $30.15B | $29.50B | $28.50B | $27.73B | $30.98B |
| Current Liabilities | $3.77B | $4.81B | $5.17B | $4.32B | $4.92B | $5.63B |
| Total Long-Term Debt | $7.90B | $7.04B | $6.91B | $7.53B | $7.21B | $8.43B |
| Total Liabilities | $17.33B | $17.61B | $17.22B | $16.63B | $16.66B | $18.67B |
| Shareholders' Equity | $13.26B | $12.33B | $12.01B | $11.55B | $10.69B | $11.81B |
Corning Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $2.18B | $3.41B | $2.62B | $2.00B | $1.94B | $2.69B |
| Cash From Investing | -$1.31B | -$1.42B | -$1.35B | -$1.00B | -$744.0M | -$1.24B |
| Cash From Financing | -$729.0M | -$2.45B | -$1.65B | -$883.0M | -$1.16B | -$1.67B |
Figures from Corning's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Corning financials page for every line item.
Corning Company Profile
| Ticker | GLW |
|---|---|
| Exchange | NYSE |
| Industry | Drawing & Insulating of Nonferrous Wire |
| Headquarters | Corning, New York |
| Incorporated in | New York |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000024741 |
Frequently Asked Questions
What was Corning's revenue in fiscal 2025?
Corning (GLW) reported revenue of $15.63B for fiscal 2025.
What is Corning's annual revenue history?
Corning's annual revenue by fiscal year: 2020: $11.30B; 2021: $14.08B; 2022: $14.19B; 2023: $12.59B; 2024: $13.12B; 2025: $15.63B.
What was Corning's net income in fiscal 2025?
Corning reported net income of $1.60B for fiscal 2025.
What was Corning's earnings per share (EPS) in fiscal 2025?
Corning's diluted EPS was $1.83 for fiscal 2025 (adjusted for any later stock splits).
What was Corning's revenue last quarter?
In its most recent reported quarter (2026 Q2), Corning reported revenue of $4.50B.
How much debt does Corning have?
Corning reported $8.43B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Corning are outstanding?
Corning reported a weighted average of 862.0 million basic shares outstanding in 2026 Q2.
What is Corning's market cap?
Based on its latest closing price, Corning (GLW) has a market capitalization of about $129.97B.
When does Corning's fiscal year end?
Corning's fiscal year end, as registered with the SEC, is December 31.
Where is Corning headquartered?
Corning lists its business address in Corning, New York in its SEC filings.
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