Corning Incorporated (GLW) reported $17.72B of revenue for the twelve months ended Sep 30, 2026. That is up 18.8% from the year before. Revenue for fiscal 2025 was $15.63B.

Yes. Corning Incorporated earned $2.24B in net income for the twelve months ended Sep 30, 2026, a net margin of 12.6%.

How much cash and debt does GLW have?

Corning Incorporated reported $2.54B in cash and cash equivalents and $8.20B of debt on its most recent balance sheet in SEC filings.

How fast is GLW revenue growing?

Corning Incorporated's revenue changed +19.1% in fiscal 2025, to $15.63B. Its compound annual growth rate was +6.7% over 5 years.

What is GLW gross margin?

Corning Incorporated's gross profit was $6.46B on $17.72B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 36.5%.

What is GLW earnings per share?

Diluted earnings per share were $2.46 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.

When did GLW last report financial results?

The latest statements here come from Corning Incorporated's 10-Q filed on Oct 29, 2026, covering the period ended Sep 30, 2026.

Where does this GLW financial data come from?

Quantisnow builds these statements from the structured XBRL data Corning Incorporated files with the SEC. It is provided for information only and is not investment advice.

Financials · GLW

Corning Incorporated (GLW) financials

For the twelve months ended Sep 30, 2026, Corning Incorporated reported $17.72B of revenue and $2.24B of net income.

Revenue, TTM: $17.72B
Revenue growth, YoY: +18.8%
Net income, TTM: $2.24B
Net income growth, YoY: +57.0%
Net margin: 12.6%
EPS, diluted, TTM: $2.46
EPS growth, YoY: +55.7%
Cash: $2.54B
Total debt: $8.20B
P/E: 40.87
P/S: 5.16
Market cap: $91.42B

Annual revenue$15.63B

FY2016FY2025

Annual net income$1.60B

FY2016FY2025

GLW revenue and earnings growth

GLW revenueQ3 2026$4.86B

Quarter YoY: +18.4%
QoQ: +7.8%
FY YoY: +19.1%
5Y CAGR: +6.7%

GLW revenue was $4.86B in fiscal Q3 2026 (ended Sep 30, 2026), up 18.4% from a year earlier and up 7.8% from the prior quarter. For the full fiscal 2025 it was $15.63B, up 19.1% from fiscal 2024. Compound annual growth was +6.7% over 5 years. It rose in 7 of the last 9 fiscal years. Fiscal 2025 is the highest of the 10 fiscal years on file.

GLW net incomeQ3 2026$680.00M

Quarter YoY: +58.1%
QoQ: +11.7%
FY YoY: +215.4%
5Y CAGR: +25.5%
10Y CAGR: +1.8%

GLW net income was $680.00M in fiscal Q3 2026 (ended Sep 30, 2026), up 58.1% from a year earlier and up 11.7% from the prior quarter. For the full fiscal 2025 it was $1.60B, up 215.4% from fiscal 2024. Compound annual growth was +25.5% over 5 years and +1.8% over 10 years. It rose in 2 of the last 7 fiscal years.

GLW EPSQ3 2026$0.78

Quarter YoY: +56.0%
QoQ: +21.9%
FY YoY: +215.5%
5Y CAGR: +27.6%
10Y CAGR: +6.2%

GLW diluted EPS was $0.78 in fiscal Q3 2026 (ended Sep 30, 2026), up 56.0% from a year earlier and up 21.9% from the prior quarter. For the full fiscal 2025 it was $1.83, up 215.5% from fiscal 2024. Compound annual growth was +27.6% over 5 years and +6.2% over 10 years.

Export CSV

Income statement

Income statement
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue	$15.63B	$13.12B	$12.59B	$14.19B	$14.08B	$11.30B	$11.50B	$11.29B	$10.12B	$9.39B
Cost of revenue	$10.01B	$8.84B	$8.66B	$9.68B	$9.02B	$7.77B	$7.47B	$6.83B	$6.10B	$5.63B
Gross profit	$5.62B	$4.28B	$3.93B	$4.51B	$5.06B	$3.53B	$4.04B	$4.46B	$4.02B	$3.76B
Research and development	$800.00M	$800.00M	$900.00M	$900.00M	$800.00M	$1.00B	$800.00M	$807.00M	$689.00M	$637.00M
Selling, general and admin	$2.12B	$1.93B	$1.84B	$1.90B	$1.83B	$1.75B	$1.58B	$1.80B	$1.47B	$1.46B
Operating income	$2.28B	$1.14B	$890.00M	$1.44B	$2.11B	$509.00M	$1.31B	$1.57B	$1.61B	$1.42B
Interest expense	$336.00M	$329.00M	$329.00M	$292.00M	-	-	-	-	-	-
Pre-tax income	$2.05B	$813.00M	$816.00M	$1.80B	$2.43B	$634.00M	$1.22B	$1.50B	$1.66B	$3.69B
Income tax	$310.00M	$221.00M	$168.00M	$411.00M	$491.00M	$111.00M	$256.00M	$437.00M	$2.15B	-$3.00M
Net income	$1.60B	$506.00M	$581.00M	$1.32B	$1.91B	$512.00M	$960.00M	$1.07B	-$497.00M	$3.69B
EPS, basic	$1.87	$0.59	$0.69	$1.56	$1.30	$0.54	$1.11	$1.19	-$0.66	$3.53
EPS, diluted	$1.83	$0.58	$0.68	$1.54	$1.28	$0.54	$1.07	$1.13	-$0.66	$3.23
Diluted shares	871.0M	869.0M	859.0M	857.0M	844.0M	772.0M	899.0M	941.0M	895.0M	1.14B

Balance sheet

Balance sheet
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Cash and equivalents	$1.53B	$1.77B	$1.78B	$1.67B	$2.15B	$2.67B	$2.43B	$2.35B	$4.32B	$5.29B
Receivables	$2.78B	$2.05B	$1.57B	$1.72B	$2.00B	$2.13B	$1.84B	$1.94B	$1.81B	$1.48B
Inventory	$3.08B	$2.72B	$2.67B	$2.90B	$2.48B	$2.48B	$2.32B	$2.04B	$1.71B	$1.47B
Current assets	$8.94B	$7.99B	$7.21B	$7.45B	$7.66B	$8.00B	$7.46B	$7.03B	$8.83B	$9.05B
Goodwill	$2.49B	$2.36B	$2.38B	$2.39B	$2.42B	$2.46B	$1.94B	$1.94B	$1.69B	$1.58B
Total assets	$30.98B	$27.73B	$28.50B	$29.50B	$30.15B	$30.77B	$28.90B	$27.50B	$27.49B	$27.90B
Current liabilities	$5.63B	$4.92B	$4.32B	$5.17B	$4.81B	$3.77B	$3.52B	$3.31B	$3.21B	$2.75B
Short-term debt	$804.00M	$326.00M	$320.00M	$224.00M	$55.00M	$156.00M	$11.00M	$4.00M	$379.00M	$256.00M
Long-term debt	$7.63B	$6.88B	$7.21B	$6.69B	$6.99B	$7.82B	$7.73B	$5.99B	$4.75B	$3.65B
Total debt	$8.43B	$7.21B	$7.53B	$6.91B	$7.04B	$7.97B	$7.74B	$6.00B	$5.13B	$3.90B
Total liabilities	$18.67B	$16.66B	$16.63B	$17.22B	$17.61B	$17.33B	$15.90B	$13.62B	$11.72B	$9.94B
Shareholders' equity	$11.81B	$11.07B	$11.87B	$12.28B	$12.54B	$13.45B	$13.00B	$13.89B	$15.77B	$17.96B

Cash flow

Cash flow
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Operating cash flow	$2.69B	$1.94B	$2.00B	$2.62B	$3.41B	$2.18B	$2.03B	$2.92B	$2.00B	$2.54B
Investing cash flow	-$1.24B	-$744.00M	-$1.00B	-$1.35B	-$1.42B	-$1.31B	-$1.89B	-$2.89B	-$1.71B	$3.66B
Financing cash flow	-$1.67B	-$1.16B	-$883.00M	-$1.65B	-$2.45B	-$729.00M	-$47.00M	-$2.00B	-$1.62B	-$5.32B
Share repurchases	$163.00M	$165.00M	-	$221.00M	$274.00M	$105.00M	$940.00M	$2.23B	$2.45B	$4.23B
Stock-based compensation	$286.00M	$273.00M	$218.00M	$175.00M	$190.00M	$207.00M	$56.00M	$51.00M	$46.00M	$42.00M

Key ratios

Key ratios
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue growth, YoY	19.1%	4.2%	-11.3%	0.8%	24.6%	-1.7%	1.9%	11.6%	7.7%	-
Net income growth, YoY	215.4%	-12.9%	-55.9%	-31.0%	272.3%	-46.7%	-9.9%	-	-	176.0%
EPS growth, YoY	215.5%	-14.7%	-55.8%	20.3%	137.0%	-49.5%	-5.3%	-	-	223.0%
Gross margin	36.0%	32.6%	31.2%	31.8%	36.0%	31.2%	35.1%	39.5%	39.7%	40.1%
Operating margin	14.6%	8.7%	7.1%	10.1%	15.0%	4.5%	11.4%	14.0%	15.9%	15.2%
Net margin	10.2%	3.9%	4.6%	9.3%	13.5%	4.5%	8.3%	9.4%	-4.9%	39.4%
Return on equity	13.5%	4.6%	4.9%	10.7%	15.2%	3.8%	7.4%	7.7%	-3.2%	20.6%
Return on assets	5.2%	1.8%	2.0%	4.5%	6.3%	1.7%	3.3%	3.9%	-1.8%	13.2%
Current ratio	1.59	1.62	1.67	1.44	1.59	2.12	2.12	2.12	2.75	3.29
Debt to equity	0.71	0.65	0.63	0.56	0.56	0.59	0.60	0.43	0.33	0.22

Income statement

Income statement
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue	$4.86B	$4.50B	$4.14B	$4.21B	$4.10B	$3.86B	$3.45B	$3.50B	$3.39B	$3.25B	$2.98B	$2.99B
Cost of revenue	$3.04B	$2.88B	$2.62B	$2.72B	$2.58B	$2.47B	$2.24B	$2.30B	$2.25B	$2.30B	$1.98B	$2.08B
Gross profit	$1.81B	$1.63B	$1.53B	$1.50B	$1.52B	$1.39B	$1.21B	$1.20B	$1.14B	$949.00M	$993.00M	$911.00M
Selling, general and admin	$563.00M	$608.00M	$588.00M	$512.00M	$624.00M	$515.00M	$471.00M	$499.00M	$510.00M	$471.00M	$451.00M	$514.00M
Operating income	$911.00M	$698.00M	$639.00M	$672.00M	$589.00M	$573.00M	$445.00M	$393.00M	$302.00M	$186.00M	$254.00M	$78.00M
Interest expense	$87.00M	$94.00M	$92.00M	$93.00M	$78.00M	$83.00M	$82.00M	$79.00M	$83.00M	$84.00M	$83.00M	-
Pre-tax income	$968.00M	$649.00M	$529.00M	$678.00M	$550.00M	$584.00M	$240.00M	$437.00M	-$92.00M	$172.00M	$296.00M	-$38.00M
Income tax	$222.00M	$40.00M	$121.00M	$91.00M	$80.00M	$84.00M	$55.00M	$97.00M	$3.00M	$50.00M	$71.00M	-$10.00M
Net income	$680.00M	$609.00M	$408.00M	$540.00M	$430.00M	$500.00M	$185.00M	$310.00M	-$117.00M	$122.00M	$225.00M	-$40.00M
EPS, basic	$0.79	$0.65	$0.43	$0.64	$0.50	$0.55	$0.18	$0.36	-$0.14	$0.12	$0.25	-$0.04
EPS, diluted	$0.78	$0.64	$0.43	$0.61	$0.50	$0.54	$0.18	$0.36	-$0.14	$0.12	$0.24	-$0.04
Diluted shares	871.0M	875.0M	871.0M	-	868.0M	865.0M	866.0M	-	854.0M	864.0M	862.0M	-

Balance sheet

Balance sheet
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Cash and equivalents	$2.54B	$2.50B	$1.75B	$1.53B	$1.65B	$1.49B	$1.36B	$1.77B	$1.61B	$1.42B	$1.36B	$1.78B
Receivables	$3.10B	$2.93B	$2.68B	$2.78B	$2.51B	$2.30B	$2.04B	$2.05B	$1.99B	$1.72B	$1.62B	$1.57B
Inventory	$3.65B	$3.43B	$3.28B	$3.08B	$3.10B	$3.08B	$2.90B	$2.72B	$2.79B	$2.68B	$2.71B	$2.67B
Current assets	$11.34B	$10.92B	$9.53B	$8.94B	$8.68B	$8.20B	$7.64B	$7.99B	$7.68B	$7.12B	$6.97B	$7.21B
Goodwill	$2.48B	$2.48B	$2.48B	$2.49B	$2.49B	$2.49B	$2.37B	$2.36B	$2.39B	$2.37B	$2.37B	$2.38B
Total assets	$34.13B	$32.96B	$31.25B	$30.98B	$29.92B	$28.75B	$27.39B	$27.73B	$28.32B	$27.18B	$27.62B	$28.50B
Current liabilities	$6.58B	$6.02B	$5.92B	$5.63B	$5.58B	$5.47B	$4.52B	$4.92B	$4.64B	$4.53B	$4.17B	$4.32B
Short-term debt	$933.00M	$668.00M	$1.25B	$804.00M	$812.00M	$786.00M	$283.00M	$326.00M	$335.00M	$376.00M	$318.00M	$320.00M
Long-term debt	$7.27B	$7.76B	$7.72B	$7.63B	$7.41B	$6.71B	$6.95B	$6.88B	$7.07B	$6.91B	$7.05B	$7.21B
Total debt	$8.20B	$8.42B	$8.97B	$8.43B	$8.22B	$7.50B	$7.24B	$7.21B	$7.41B	$7.28B	$7.37B	$7.53B
Total liabilities	$19.84B	$19.83B	$18.90B	$18.67B	$17.91B	$17.20B	$16.27B	$16.66B	$16.86B	$16.25B	$16.06B	$16.63B
Shareholders' equity	$13.67B	$13.13B	$12.35B	$11.81B	$12.01B	$11.54B	$11.13B	$11.07B	$11.47B	$10.93B	$11.56B	$11.87B

Cash flow

Cash flow
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Operating cash flow	$1.06B	$1.72B	$362.00M	$1.05B	$784.00M	$708.00M	$151.00M	$623.00M	$699.00M	$521.00M	$96.00M	$713.00M
Investing cash flow	-$443.00M	-$359.00M	-$203.00M	-$478.00M	-$299.00M	-$301.00M	-$165.00M	-$207.00M	-$199.00M	-$154.00M	-$184.00M	-$230.00M
Financing cash flow	-$595.00M	-$631.00M	$59.00M	-$652.00M	-$324.00M	-$293.00M	-$403.00M	-$220.00M	-$332.00M	-$304.00M	-$308.00M	-$363.00M
Share repurchases	-	-	-	$5.00M	$25.00M	$33.00M	$100.00M	$30.00M	$30.00M	-	-	-
Stock-based compensation	$48.00M	$135.00M	$115.00M	$70.00M	$99.00M	$63.00M	$54.00M	$71.00M	$76.00M	$66.00M	$60.00M	$50.00M

Key ratios

Key ratios
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue growth, YoY	18.4%	16.6%	20.0%	20.4%	20.9%	18.8%	16.0%	16.9%	6.9%	0.2%	-6.4%	-12.1%
Net income growth, YoY	58.1%	21.8%	120.5%	74.2%	-	309.8%	-17.8%	-	-	-59.7%	17.8%	-
EPS growth, YoY	56.0%	18.5%	138.9%	69.4%	-	350.0%	-25.0%	-	-	-63.6%	20.0%	-
Gross margin	37.3%	36.1%	36.9%	35.5%	37.1%	36.0%	35.2%	34.2%	33.5%	29.2%	33.4%	30.4%
Operating margin	18.8%	15.5%	15.4%	15.9%	14.4%	14.8%	12.9%	11.2%	8.9%	5.7%	8.5%	2.6%
Net margin	14.0%	13.5%	9.8%	12.8%	10.5%	12.9%	5.4%	8.9%	-3.5%	3.8%	7.6%	-1.3%
Current ratio	1.72	1.81	1.61	1.59	1.56	1.50	1.69	1.62	1.66	1.57	1.67	1.67
Debt to equity	0.60	0.64	0.73	0.71	0.68	0.65	0.65	0.65	0.65	0.67	0.64	0.63

Source: XBRL data Corning Incorporated files with the SEC, latest filing dated Oct 29, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

GLW peers

Company	Revenue	Growth	Net income	Net margin	Market cap
GLW	$17.72B	+18.8%	$2.24B	12.6%	$91.42B
VZVerizon Communications Inc.	$139.39B	+1.4%	$16.42B	11.8%	$189.35B
TMUST-Mobile US Inc.	$93.82B	+9.3%	$11.30B	12.0%	$171.61B
TAT&T Inc.	$128.85B	+3.5%	$13.13B	10.2%	$145.71B
AMXAmerica Movil S.A.B. de C.V.	MXN 943.64B	+8.6%	MXN 82.82B	8.8%	$77.40B
LITELumentum Holdings Inc.	$3.74B	+103.2%	-$6.58B	-175.8%	$48.85B
CHTChunghwa Telecom Co. Ltd.	NT$236.11B	+2.7%	NT$38.70B	16.4%	$38.67B
VODVodafone Group Plc	€40.46B	+8.0%	-€397.00M	-1.0%	$36.05B
CIENCiena Corporation	$6.02B	+32.6%	$654.41M	10.9%	$34.51B

GLW FAQ

8 questions

What is GLW revenue?
Corning Incorporated (GLW) reported $17.72B of revenue for the twelve months ended Sep 30, 2026. That is up 18.8% from the year before. Revenue for fiscal 2025 was $15.63B.
Is GLW profitable?
Yes. Corning Incorporated earned $2.24B in net income for the twelve months ended Sep 30, 2026, a net margin of 12.6%.
How much cash and debt does GLW have?
Corning Incorporated reported $2.54B in cash and cash equivalents and $8.20B of debt on its most recent balance sheet in SEC filings.
How fast is GLW revenue growing?
Corning Incorporated's revenue changed +19.1% in fiscal 2025, to $15.63B. Its compound annual growth rate was +6.7% over 5 years.
What is GLW gross margin?
Corning Incorporated's gross profit was $6.46B on $17.72B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 36.5%.
What is GLW earnings per share?
Diluted earnings per share were $2.46 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
When did GLW last report financial results?
The latest statements here come from Corning Incorporated's 10-Q filed on Oct 29, 2026, covering the period ended Sep 30, 2026.
Where does this GLW financial data come from?
Quantisnow builds these statements from the structured XBRL data Corning Incorporated files with the SEC. It is provided for information only and is not investment advice.