Corning Inc
NYSE:GLW

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Corning Inc Logo
Corning Inc
NYSE:GLW
Watchlist
Price: 46.97 USD -1.36% Market Closed
Market Cap: 40.2B USD
Financials Section:
Income Statement Balance Sheet Cash Flow Statement
|
Revenue Breakdown

Income Statement

0
Revenue
+0%
3Y
-6%
5Y
+23%
10Y
+40%
0
Operating Income
+0%
3Y
-39%
5Y
+73%
10Y
-35%
0
Net Income
+0%
3Y
-58%
5Y
+69%
10Y
-82%

Earnings Waterfall
Corning Inc

Revenue
13.6B USD
Cost of Revenue
-9.1B USD
Gross Profit
4.5B USD
Operating Expenses
-3.2B USD
Operating Income
1.3B USD
Other Expenses
-872m USD
Net Income
454m USD

Income Statement
Corning Inc

Rotate your device to view
Income Statement
Currency: USD
Millions
Ones
Thousands
Millions
Billions
TTM
Quarterly
Annual
TTM
Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025
Revenue
Interest Expense
123
126
133
140
151
158
161
159
155
153
149
155
170
175
183
191
191
202
212
221
233
246
261
276
289
300
302
300
294
288
289
292
297
306
315
329
336
339
340
329
328
Revenue
9 691
N/A
9 552
-1%
9 284
-3%
9 111
-2%
8 893
-2%
8 910
+0%
9 145
+3%
9 390
+3%
9 718
+3%
9 855
+1%
9 955
+1%
10 116
+2%
10 241
+1%
10 491
+2%
10 892
+4%
11 290
+4%
11 602
+3%
11 795
+2%
11 721
-1%
11 503
-2%
11 082
-4%
10 703
-3%
10 770
+1%
11 303
+5%
12 202
+8%
13 142
+8%
13 756
+5%
14 082
+2%
14 472
+3%
14 586
+1%
14 459
-1%
14 189
-2%
13 687
-4%
13 315
-3%
13 000
-2%
12 588
-3%
12 385
-2%
12 393
+0%
12 611
+2%
13 118
+4%
13 595
+4%
Gross Profit
Cost of Revenue
(5 645)
(5 563)
(5 492)
(5 458)
(5 405)
(5 446)
(5 532)
(5 644)
(5 785)
(5 886)
(5 977)
(6 096)
(6 215)
(6 380)
(6 599)
(6 829)
(6 997)
(7 197)
(7 338)
(7 468)
(7 585)
(7 515)
(7 598)
(7 772)
(8 076)
(8 457)
(8 751)
(9 019)
(9 282)
(9 465)
(9 597)
(9 683)
(9 461)
(9 322)
(9 065)
(8 657)
(8 464)
(8 536)
(8 621)
(8 842)
(9 098)
Gross Profit
4 046
N/A
3 989
-1%
3 792
-5%
3 653
-4%
3 488
-5%
3 464
-1%
3 613
+4%
3 746
+4%
3 933
+5%
3 969
+1%
3 978
+0%
4 020
+1%
4 026
+0%
4 111
+2%
4 293
+4%
4 461
+4%
4 605
+3%
4 598
0%
4 383
-5%
4 035
-8%
3 497
-13%
3 188
-9%
3 172
-1%
3 531
+11%
4 126
+17%
4 685
+14%
5 005
+7%
5 063
+1%
5 190
+3%
5 121
-1%
4 862
-5%
4 506
-7%
4 226
-6%
3 993
-6%
3 935
-1%
3 931
0%
3 921
0%
3 857
-2%
3 990
+3%
4 276
+7%
4 497
+5%
Operating Income
Operating Expenses
(2 018)
(1 990)
(2 021)
(2 346)
(2 336)
(2 498)
(2 567)
(2 278)
(2 306)
(2 204)
(2 306)
(2 412)
(2 633)
(2 693)
(2 794)
(2 868)
(2 804)
(2 818)
(2 760)
(2 729)
(2 732)
(2 900)
(2 992)
(3 022)
(2 496)
(2 377)
(2 900)
(2 951)
(3 010)
(3 026)
(3 027)
(3 068)
(3 061)
(3 039)
(3 037)
(3 041)
(3 074)
(3 103)
(3 170)
(3 141)
(3 171)
Selling, General & Administrative
(1 132)
(1 151)
(1 202)
(1 523)
(1 510)
(1 672)
(1 667)
(1 472)
(1 488)
(1 367)
(1 440)
(1 473)
(1 654)
(1 673)
(1 736)
(1 781)
(1 681)
(1 698)
(1 629)
(1 585)
(1 579)
(1 566)
(1 677)
(1 747)
(1 752)
(1 816)
(1 822)
(1 827)
(1 861)
(1 882)
(1 857)
(1 898)
(1 885)
(1 839)
(1 846)
(1 843)
(1 873)
(1 904)
(1 946)
(1 931)
(1 951)
Research & Development
(806)
(789)
(771)
(769)
(770)
(771)
(777)
(742)
(754)
(768)
(796)
(864)
(902)
(939)
(968)
(993)
(1 001)
(1 007)
(1 018)
(1 031)
(1 043)
(1 224)
(1 200)
(1 154)
(1 115)
(927)
(947)
(995)
(1 021)
(1 019)
(1 046)
(1 047)
(1 053)
(1 076)
(1 068)
(1 076)
(1 080)
(1 079)
(1 103)
(1 089)
(1 101)
Depreciation & Amortization
(37)
(45)
(48)
(54)
(56)
(55)
(60)
(64)
(67)
(70)
(71)
(75)
(77)
(81)
(90)
(94)
(104)
(110)
(111)
(113)
(110)
(110)
(115)
(121)
(127)
(132)
(131)
(129)
(128)
(125)
(124)
(123)
(123)
(124)
(123)
(122)
(121)
(120)
(121)
(121)
(119)
Other Operating Expenses
(43)
(5)
0
0
0
0
(63)
0
3
0
0
0
0
0
0
0
(18)
(3)
0
0
0
0
0
0
498
498
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Operating Income
2 028
N/A
1 999
-1%
1 771
-11%
1 307
-26%
1 152
-12%
966
-16%
1 046
+8%
1 468
+40%
1 627
+11%
1 765
+8%
1 672
-5%
1 608
-4%
1 393
-13%
1 418
+2%
1 499
+6%
1 593
+6%
1 801
+13%
1 780
-1%
1 623
-9%
1 306
-20%
765
-41%
288
-62%
180
-38%
509
+183%
1 630
+220%
2 308
+42%
2 105
-9%
2 112
+0%
2 180
+3%
2 095
-4%
1 835
-12%
1 438
-22%
1 165
-19%
954
-18%
898
-6%
890
-1%
847
-5%
754
-11%
820
+9%
1 135
+38%
1 326
+17%
Pre-Tax Income
Interest Income Expense
3 115
3 419
1 694
265
(716)
(2 108)
(2 211)
(291)
161
1 569
1 842
114
(150)
120
331
144
967
381
224
86
(51)
103
(217)
(324)
(142)
(267)
(106)
100
(68)
132
76
74
(64)
(148)
(62)
(130)
(85)
(175)
(351)
(199)
(338)
Non-Reccuring Items
0
0
0
15
(65)
(63)
0
(77)
0
0
0
0
0
(15)
(16)
(18)
0
0
0
0
0
0
498
498
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Total Other Income
(1 563)
(1 573)
(811)
(101)
(50)
2 623
2 622
2 592
2 596
(61)
(19)
(65)
(71)
(79)
(91)
(216)
(225)
(266)
(302)
(176)
(181)
(123)
(151)
(60)
68
85
170
185
261
375
458
285
141
95
22
56
122
68
(131)
(123)
(231)
Pre-Tax Income
3 580
N/A
3 845
+7%
2 654
-31%
1 486
-44%
321
-78%
1 418
+342%
1 457
+3%
3 692
+153%
4 384
+19%
3 273
-25%
3 495
+7%
1 657
-53%
1 172
-29%
1 444
+23%
1 723
+19%
1 503
-13%
2 543
+69%
1 895
-25%
1 545
-18%
1 216
-21%
533
-56%
268
-50%
310
+16%
623
+101%
1 556
+150%
2 126
+37%
2 169
+2%
2 397
+11%
2 373
-1%
2 602
+10%
2 369
-9%
1 797
-24%
1 242
-31%
901
-27%
858
-5%
816
-5%
884
+8%
647
-27%
338
-48%
813
+141%
757
-7%
Net Income
Tax Provision
(1 002)
(940)
(551)
(147)
243
857
890
3
(235)
(892)
(1 008)
(707)
(897)
(870)
(914)
(437)
(389)
(387)
(325)
(256)
(168)
(66)
(18)
(111)
(349)
(394)
(480)
(491)
(445)
(544)
(469)
(411)
(268)
(208)
(209)
(168)
(202)
(146)
(114)
(221)
(205)
Income from Continuing Operations
2 578
2 905
2 103
1 339
564
2 275
2 347
3 695
4 149
2 381
2 487
950
275
574
809
1 066
2 154
1 508
1 220
960
365
202
292
512
1 207
1 732
1 689
1 906
1 928
2 058
1 900
1 386
974
693
649
648
682
501
224
592
552
Income to Minority Interest
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
(5)
(18)
0
(40)
(56)
(61)
(70)
(63)
(64)
(64)
(67)
(68)
(64)
(68)
(86)
(98)
Net Income (Common)
2 482
N/A
2 809
+13%
2 007
-29%
1 241
-38%
467
-62%
2 178
+366%
2 250
+3%
3 597
+60%
4 052
+13%
2 284
-44%
2 390
+5%
(595)
N/A
(1 269)
-113%
(970)
+24%
(735)
+24%
968
N/A
2 057
+113%
1 411
-31%
1 123
-20%
862
-23%
268
-69%
104
-61%
194
+87%
414
+113%
1 109
+168%
851
-23%
819
-4%
1 079
+32%
1 085
+1%
2 002
+85%
1 839
-8%
1 316
-28%
911
-31%
629
-31%
585
-7%
581
-1%
614
+6%
437
-29%
156
-64%
506
+224%
454
-10%
EPS (Diluted)
1.78
N/A
2.04
+15%
1.64
-20%
0.92
-44%
0.42
-54%
1.84
+338%
2.04
+11%
3.14
+54%
4.32
+38%
2.22
-49%
2.35
+6%
-0.66
N/A
-1.49
-126%
-1.02
+32%
-0.79
+23%
1.02
N/A
2.26
+122%
1.78
-21%
1.25
-30%
0.95
-24%
0.35
-63%
0.13
-63%
0.21
+62%
0.54
+157%
1.25
+131%
1
-20%
0.94
-6%
1.28
+36%
1.25
-2%
2.33
+86%
2.14
-8%
1.54
-28%
1.06
-31%
0.73
-31%
0.68
-7%
0.68
N/A
0.71
+4%
0.5
-30%
0.18
-64%
0.58
+222%
0.52
-10%

See Also

Summary
GLW intrinsic value, competitors valuation, and company profile.
DCF Valuation
GLW stock valuation using Discount Cash Flow valuation method.
Relative Valuation
GLW stock valuation using valuation multiples.
Wall Street Estimates
GLW price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
GLW stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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