GLW
Corning Incorporated
NYSE: GLW · TECHNOLOGY · ELECTRONIC COMPONENTS
$164.24
+8.12% today
Updated 2026-04-30
Market cap
$151.09B
P/E ratio
96.11
P/S ratio
9.67x
EPS (TTM)
$1.83
Dividend yield
0.66%
52W range
$41 – $179
Volume
12.6M
Corning Incorporated (GLW) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.17B | $5.86B | $5.95B | $5.39B | $6.63B | $7.89B | $8.01B | $7.82B | $9.71B | $9.11B | $9.39B | $10.12B | $11.29B | $11.50B | $11.30B | $14.08B | $14.19B | $12.59B | $13.12B | $15.63B |
| Revenue growth (YoY) | — | +13.3% | +1.5% | -9.3% | +22.9% | +19.0% | +1.5% | -2.4% | +24.2% | -6.2% | +3.1% | +7.7% | +11.6% | +1.9% | -1.7% | +24.6% | +0.8% | -11.3% | +4.2% | +19.1% |
| Cost of revenue | $2.89B | $3.11B | $3.21B | $3.30B | $3.58B | $4.31B | $4.69B | $4.50B | $5.66B | $5.46B | $5.63B | $6.10B | $6.83B | $7.47B | $7.77B | $9.02B | $9.68B | $8.66B | $8.84B | $10.12B |
| Gross profit | $2.28B | $2.75B | $2.74B | $2.09B | $3.05B | $3.58B | $3.32B | $3.32B | $4.05B | $3.65B | $3.76B | $4.02B | $4.46B | $4.04B | $3.53B | $5.06B | $4.51B | $3.93B | $4.28B | $5.51B |
| Gross margin | 44.1% | 46.9% | 46.0% | 38.8% | 46.0% | 45.3% | 41.4% | 42.5% | 41.7% | 40.1% | 40.1% | 39.7% | 39.5% | 35.1% | 31.2% | 36.0% | 31.8% | 31.2% | 32.6% | 35.3% |
| R&D | $517.00M | $565.00M | $627.00M | $563.00M | $603.00M | $671.00M | $745.00M | $710.00M | $815.00M | $769.00M | $742.00M | $860.00M | $993.00M | $1.03B | $1.15B | $995.00M | $1.05B | $1.08B | $1.09B | $1.11B |
| SG&A | $857.00M | $912.00M | $901.00M | $881.00M | $1.01B | $1.03B | $1.17B | $1.13B | $1.21B | $1.52B | $1.47B | $1.47B | $1.80B | $1.58B | $1.75B | $1.83B | $1.90B | $1.84B | $1.93B | $2.12B |
| Operating income | $846.00M | $1.08B | $1.52B | $391.00M | $1.80B | $1.69B | $1.18B | $1.37B | $1.93B | $1.32B | $1.42B | $1.63B | $1.57B | $1.31B | $509.00M | $2.11B | $1.44B | $890.00M | $1.14B | $2.33B |
| Operating margin | 16.4% | 18.4% | 25.6% | 7.2% | 27.2% | 21.5% | 14.7% | 17.5% | 19.9% | 14.5% | 15.2% | 16.1% | 14.0% | 11.4% | 4.5% | 15.0% | 10.1% | 7.1% | 8.7% | 14.9% |
| EBITDA | $1.44B | $1.98B | $3.64B | $2.81B | $4.81B | $4.28B | $3.08B | $3.60B | $4.89B | $2.81B | $5.05B | $2.97B | $2.99B | $2.94B | $2.42B | $4.21B | $3.54B | $890.00M | $2.49B | $3.73B |
| EBITDA margin | 27.9% | 33.8% | 61.1% | 52.0% | 72.5% | 54.2% | 38.5% | 46.0% | 50.3% | 30.8% | 53.7% | 29.4% | 26.5% | 25.6% | 21.4% | 29.9% | 25.0% | 7.1% | 19.0% | 23.9% |
| EBIT | $852.00M | $1.37B | $2.94B | $2.02B | $3.95B | $3.32B | $2.09B | $2.59B | $3.69B | $1.63B | $3.85B | $1.81B | $1.69B | $1.44B | $899.00M | $2.73B | $2.09B | $890.00M | $1.14B | $2.39B |
| Interest expense | $76.00M | $82.00M | $59.00M | $82.00M | $109.00M | $89.00M | $111.00M | $120.00M | $123.00M | $140.00M | $159.00M | $155.00M | $191.00M | $221.00M | $276.00M | $300.00M | $292.00M | $329.00M | $329.00M | $336.00M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $1.85B | $2.15B | $5.26B | $2.01B | $3.56B | $2.82B | $1.64B | $1.96B | $2.47B | $1.34B | $3.69B | $-497.00M | $1.07B | $960.00M | $512.00M | $1.91B | $1.32B | $581.00M | $506.00M | $1.60B |
| Net income growth (YoY) | — | +15.9% | +144.5% | -61.8% | +77.2% | -20.8% | -41.9% | +19.9% | +26.1% | -45.8% | +176.0% | -113.5% | +314.5% | -9.9% | -46.7% | +272.3% | -31.0% | -55.9% | -12.9% | +215.4% |
| Profit margin | 35.9% | 36.7% | 88.4% | 37.2% | 53.6% | 35.7% | 20.4% | 25.1% | 25.4% | 14.7% | 39.4% | -4.9% | 9.4% | 8.3% | 4.5% | 13.5% | 9.3% | 4.6% | 3.9% | 10.2% |