GLW
Corning Incorporated
Stock
$164.19+3.77 (+2.35%)Close Oct 2, 2026
Income statement
| Line | Last 12 months | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $17.0B | $15.6B | $13.1B | $12.6B | $14.2B | $14.1B | $11.3B | $11.5B | $11.3B | $10.1B | $9.4B |
| Cost of revenue | $10.8B | $10.0B | $8.8B | $8.7B | $9.7B | $9.0B | $7.8B | $7.5B | $6.8B | $6.1B | $5.6B |
| Gross profit | $6.2B | $5.6B | $4.3B | $3.9B | $4.5B | $5.1B | $3.5B | $4.0B | $4.5B | $4.0B | $3.8B |
| R&D | — | $800M | $800M | $900M | $900M | $800M | $1.0B | $800M | $807M | $689M | $637M |
| SG&A | $2.3B | $2.1B | $1.9B | $1.8B | $1.9B | $1.8B | $1.7B | $1.6B | $1.8B | $1.5B | $1.5B |
| Other operating expenses | $1.2B | $420M | $410M | $298M | $270M | $324M | $275M | $344M | $280M | $250M | $240M |
| Operating income | $2.6B | $2.3B | $1.1B | $890M | $1.4B | $2.1B | $509M | $1.3B | $1.6B | $1.6B | $1.4B |
| Non-operating income | −$192M | −$227M | −$322M | −$74M | $359M | $314M | $125M | −$90M | −$72M | $49M | $2.3B |
| Pretax income | $2.4B | $2.1B | $813M | $816M | $1.8B | $2.4B | $634M | $1.2B | $1.5B | $1.7B | $3.7B |
| Taxes | $506M | $456M | $307M | $235M | $481M | $520M | $122M | $256M | $437M | $2.2B | −$3.0M |
| Net income | $1.9B | $1.6B | $506M | $581M | $1.3B | $1.9B | $512M | $960M | $1.1B | −$497M | $3.7B |
| Diluted EPS | $2.18 | $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 |
| Revenue growth | — | +19.1% | +4.2% | −11.3% | +0.8% | +24.6% | −1.7% | +1.9% | +11.6% | +7.7% | — |
| Gross margin | 36.4% | 36.0% | 32.6% | 31.2% | 31.8% | 36.0% | 31.2% | 35.1% | 39.5% | 39.7% | 40.1% |
| Operating margin | 15.3% | 14.6% | 8.7% | 7.1% | 10.1% | 15.0% | 4.5% | 11.4% | 14.0% | 15.9% | 15.2% |
| Net margin | 11.2% | 10.2% | 3.9% | 4.6% | 9.3% | 13.5% | 4.5% | 8.3% | 9.4% | −4.9% | 39.4% |