Name: GLW Income Statement - Corning Inc. /ny Revenue & EPS | Ledgeburg
Creator: Ledgeburg
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Revenue, Cost of Revenue, Gross Profit, Operating Expenses, Operating Income, Net Income, EPS Basic, EPS Diluted

JavaScript is disabled. Some features may not work properly. For the best experience, please enable JavaScript in your browser.

GLW - Corning Inc. /ny

USD | NYSE

GLW Income Statement - Corning Inc. /ny Revenue & EPS | Ledgeburg

(in millions of USD, except per-share data)	Q1 FY 26	Q4 FY 25	Q3 FY 25	Q2 FY 25	Q1 FY 25	Q4 FY 24	Q3 FY 24	Q2 FY 24	Q1 FY 24	Q4 FY 23	Q3 FY 23	Q2 FY 23	Q1 FY 23	Q4 FY 22	Q3 FY 22	Q2 FY 22	Q1 FY 22	Q4 FY 21	Q3 FY 21	Q2 FY 21	Q1 FY 21	Q4 FY 20	Q3 FY 20	Q2 FY 20	Q1 FY 20	Q4 FY 19	Q3 FY 19	Q2 FY 19	Q1 FY 19	Q4 FY 18	Q3 FY 18	Q2 FY 18	Q1 FY 18	Q4 FY 17	Q3 FY 17	Q2 FY 17	Q1 FY 17	Q4 FY 16	Q3 FY 16	Q2 FY 16
Revenues
Revenues	4,144.0	4,215.0	4,100.0	3,862.0	3,452.0	3,501.0	3,391.0	3,251.0	2,975.0	2,994.0	3,173.0	3,243.0	3,178.0	3,406.0	3,488.0	3,615.0

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD, except per-share data)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
Revenues
Revenues	16,321.0	15,629.0	13,118.0	12,588.0	14,189.0	14,082.0	11,303.0	11,503.0	11,290.0	10,116.0	9,390.0	9,111.0	9,715.0	7,819.0	8,012.0	7,890.0	6,632.0	5,395.0
Cost of Revenue	10,386.0	10,008.0	8,842.0	8,657.0	9,683.0	9,019.0	7,772.0	7,468.0	6,829.0	6,096.0	5,627.0	5,458.0	5,663.0	4,495.0	4,693.0	4,314.0	3,583.0
Gross Profit	5,935.0	5,621.0	4,276.0	3,931.0	4,506.0	5,063.0	3,531.0	4,035.0	4,461.0	4,020.0	3,763.0	3,653.0	4,052.0	3,324.0	3,319.0	3,576.0
Operating Expenses
Research & Development	-	800.0	800.0	900.0	900.0	800.0	1,000.0	800.0	807.0	689.0	637.0	638.0	701.0	613.0	651.0
Operating Income
Operating Income	2,473.0	2,279.0	1,135.0	890.0	1,438.0	2,112.0	509.0	1,306.0	1,575.0	1,608.0	1,424.0	1,322.0	1,931.0	1,371.0
Non-Operating
Interest Income	35.0	38.0	47.0	38.0	15.0	11.0	15.0	21.0	38.0	45.0	32.0	21.0	26.0	8.0	14.0
Tax & Net
Income Tax Expense	376.0	310.0	221.0	168.0	411.0	491.0	111.0	256.0	437.0	2,154.0	(3.0)	147.0	1,096.0	512.0	339.0
Per Share
EPS Basic	2.11	1.87	0.59	0.69	1.56	1.30	0.54	1.11	1.19	(0.66)	3.53	1.02	1.82	1.35	1.10	1.80
Supplementary Data
EBITDA	-	3,516.0	2,364.0	2,137.0	2,767.0	3,464.0	1,908.0	2,696.0	2,774.0	2,691.0	2,555.0	2,452.0	3,098.0	2,342.0	2,157.0	2,654.0

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

Operating Expenses
Research & Development	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	43.0
Selling General & Administrative	588.0	512.0	624.0	515.0	471.0	499.0	510.0	471.0	451.0	514.0	468.0	440.0	421.0	517.0	461.0	486.0
Selling & Marketing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General & Administrative	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	334.0	-	-	-	291.0	-	-	-	307.0	-	-	-	310.0	-	-	-
Amortization of Intangibles	23.0	27.0	27.0	28.0	28.0	30.0	31.0	30.0	30.0	30.0	30.0	31.0	31.0	31.0	31.0	30.0
Other Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Operating Income
Operating Income	639.0	672.0	589.0	573.0	445.0	393.0	302.0	186.0	254.0	78.0	236.0	279.0	297.0	86.0	292.0	490.0	570.0	483.0	552.0	575.0	502.0	476.0	257.0	(103.0)	(121.0)	147.0	365.0	374.0	420.0	464.0	522.0	395.0	194.0	368.0	442.0	385.0	413.0	465.0	535.0	247.0

Tax & Net
Income Tax Expense	121.0	91.0	80.0	84.0	55.0	97.0	3.0	50.0	71.0	(10.0)	35.0	106.0	37.0	31.0	34.0	166.0	180.0	89.0	109.0	67.0	226.0	78.0	23.0	22.0	(12.0)	(15.0)	71.0	124.0	76.0	54.0	133.0	126.0	124.0	1,978.0	89.0	153.0	(66.0)	832.0	(27.0)	(504.0)
Net Income From Continuing Ops	408.0	587.0	470.0	500.0	185.0	340.0	(95.0)	122.0	225.0	(28.0)	182.0	303.0	191.0	(27.0)	226.0	584.0	603.0
Net Income From Discontinued Ops	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	408.0	587.0	470.0	500.0	185.0	340.0	(95.0)	122.0	225.0	(28.0)	182.0	303.0	191.0	(27.0)	226.0	584.0	603.0
Net Income Attributable To Parent	371.0	540.0	430.0	469.0	157.0	310.0	(117.0)	104.0	209.0	(40.0)	164.0	281.0	176.0	(36.0)	208.0	563.0
Less: Minority Interest	37.0	47.0	40.0	31.0	28.0	30.0	22.0	18.0	16.0	12.0	18.0	22.0	15.0	9.0	18.0	21.0	22.0
Less: Preferred Dividends	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income To Common Shareholders	371.0	540.0	430.0	469.0	157.0	310.0	(117.0)	104.0	209.0	(40.0)	164.0	281.0	176.0	(36.0)	208.0

Per Share
EPS Basic	0.43	-	0.50	0.55	0.18	-	(0.14)	0.12	0.25	-	0.19	0.33	0.21	-	0.25	0.67	0.69	-	0.44	(0.42)	0.75	-	0.53	(0.13)	(0.16)	-	0.40	0.09	0.61	-	0.75	0.87	(0.72)	-	0.41	0.46	0.07	-	0.27	2.06
EPS Diluted	0.43	-	0.50	0.54	0.18	-	(0.14)	0.12	0.24	-	0.19	0.33	0.20	-	0.24	0.66	0.68	-
Shares Basic	857.0	-	856.0	855.0	855.0	-	854.0	853.0	852.0	-	850.0	848.0	844.0	-	843.0	843.0	843.0	-
Shares Diluted	871.0	-	868.0	865.0	866.0	-	854.0	864.0	862.0	-	859.0	859.0	859.0	-	855.0	856.0	859.0	-

Supplementary Data
EBITDA	973.0	-	-	-	736.0	-	-	-	561.0	-	-	-	607.0	-	-	-	912.0	-	-	-	832.0	-	-	-	235.0	-	-	-	726.0	-	-	-	498.0	-	-	-	673.0	-	-	-
EBIT	639.0	672.0	589.0	573.0	445.0	393.0	302.0	186.0	254.0	78.0	236.0	279.0	297.0	86.0	292.0	490.0	570.0	483.0	552.0

Non-Operating
Interest Income	9.0	11.0	10.0	5.0	12.0	13.0	12.0	10.0	12.0	13.0	10.0	8.0	7.0	6.0	3.0	3.0	3.0	3.0	3.0	2.0	3.0	3.0	3.0	3.0	6.0	5.0	4.0	5.0	7.0	9.0	7.0	9.0	13.0	12.0	10.0	11.0	12.0	11.0	9.0	6.0
Interest Expense	92.0	93.0	78.0	83.0	82.0	79.0	83.0	84.0	83.0	-	-	-	-	-	-	-	-	-
Income From Equity Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Non-Operating Income	(11.0)	1.0	(4.0)	(42.0)	(34.0)	(64.0)	(166.0)	33.0	74.0	(72.0)	33.0	87.0	8.0	(106.0)	106.0	133.0	152.0
Pre-Tax Income	529.0	678.0	550.0	584.0	240.0	437.0	(92.0)	172.0	296.0	(38.0)	217.0	409.0	228.0	4.0	260.0	750.0