Corning Inc
GLW- Exchange
- NYSE
- Industry
- Drawing & Insulating of Nonferrous Wire
- SEC CIK
- 0000024741
In the last 90 days, Corning Inc insiders filed 0 open-market purchases and 2 sales; 2,697 institutions reported holding it in 13F filings for Q2 2026, worth $160.3B in total; 3 superinvestors hold it, including Lone Pine Capital and HHLR Advisors (Hillhouse).
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 30, 2026, 1:12 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 28, 2026 | Jan 29, 2025 | Jan 30, 2024 | Jan 31, 2023 | Jan 26, 2022 |
| Revenue | $15.6B | $13.1B | $12.6B | $14.2B | $14.1B |
| Cost of revenue | $10.0B | $8.84B | $8.66B | $9.68B | $9.02B |
| Gross profit | $5.62B | $4.28B | $3.93B | $4.51B | $5.06B |
| Research and development | $800.0M | $800.0M | $900.0M | $900.0M | $800.0M |
| Selling, general and administrative | $2.12B | $1.93B | $1.84B | $1.90B | $1.83B |
| Operating income | $2.28B | $1.14B | $890.0M | $1.44B | $2.11B |
| Income tax | $310.0M | $221.0M | $168.0M | $411.0M | $491.0M |
| Net income | $1.60B | $506.0M | $581.0M | $1.32B | $1.91B |
| EPS, basic | $1.87 | $0.59 | $0.69 | $1.56 | $1.30 |
| EPS, diluted | $1.83 | $0.58 | $0.68 | $1.54 | $1.28 |
| Weighted shares, basic | 855.0M | 853.0M | 848.0M | 843.0M | 828.0M |
| Weighted shares, diluted | 871.0M | 869.0M | 859.0M | 857.0M | 844.0M |
| Margins and growth | |||||
| Gross margin | 36.0% | 32.6% | 31.2% | 31.8% | 36.0% |
| Operating margin | 14.6% | 8.7% | 7.1% | 10.1% | 15.0% |
| Net margin | 10.2% | 3.9% | 4.6% | 9.3% | 13.5% |
| Revenue growth, year over year | +19.1% | +4.2% | −11.3% | +0.8% | +24.6% |
| Net income growth, year over year | +215.4% | −12.9% | −55.9% | −31.0% | +272.3% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 28, 2026 | Jan 29, 2025 | Jan 30, 2024 | Jan 31, 2023 | Jan 26, 2022 |
| Cash and equivalents | $1.53B | $1.77B | – | – | – |
| Accounts receivable | $2.78B | $2.05B | $1.57B | $1.72B | $2.00B |
| Inventory | $3.08B | $2.72B | $2.67B | $2.90B | $2.48B |
| Total current assets | $8.94B | $7.99B | $7.21B | $7.45B | $7.66B |
| Property, plant and equipment | $14.8B | $13.4B | $14.6B | $15.4B | $15.8B |
| Goodwill | $2.49B | $2.36B | $2.38B | $2.39B | $2.42B |
| Intangible assets | $657.0M | $752.0M | $905.0M | $1.03B | $1.15B |
| Total assets | $31.0B | $27.7B | $28.5B | $29.5B | $30.2B |
| Accounts payable | $1.98B | $1.47B | $1.47B | $1.80B | $1.61B |
| Short-term debt | $804.0M | $326.0M | $320.0M | $224.0M | $55.0M |
| Total current liabilities | $5.63B | $4.92B | $4.32B | $5.17B | $4.81B |
| Total liabilities | $18.7B | $16.7B | $16.6B | $17.2B | $17.6B |
| Shareholders' equity | $12.3B | $11.1B | $11.9B | $12.3B | $12.5B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 28, 2026 | Jan 29, 2025 | Jan 30, 2024 | Jan 31, 2023 | Jan 26, 2022 |
| Operating cash flow | $2.69B | $1.94B | $2.00B | $2.62B | $3.41B |
| Capital expenditures | $1.28B | $965.0M | $1.39B | $1.60B | $1.64B |
| Free cash flow | $1.41B | $974.0M | $615.0M | $1.01B | $1.77B |
| Stock-based compensation | $286.0M | $273.0M | $218.0M | $175.0M | $190.0M |
| Share buybacks | $163.0M | $165.0M | – | $221.0M | $274.0M |
| Investing cash flow | -$1.24B | -$744.0M | -$1.00B | -$1.35B | -$1.42B |
| Financing cash flow | -$1.67B | -$1.16B | -$883.0M | -$1.65B | -$2.45B |
| Net change in cash | -$202.0M | -$11.0M | $108.0M | -$477.0M | -$524.0M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 1.8% | 2.1% | 1.7% | 1.2% | 1.3% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Oct 23, 2026 | 861.4M | +0.5% | SEC |
| Jul 24, 2026 | 861.4M | +0.6% | SEC |
| Apr 24, 2026 | 860.6M | +0.5% | SEC |
| Jan 30, 2026 | 857.9M | +0.2% | SEC |
| Oct 23, 2025 | 857.4M | +0.1% | SEC |
| Jul 25, 2025 | 856.6M | +0.1% | SEC |
| Apr 24, 2025 | 856.5M | 0.0% | SEC |
| Jan 31, 2025 | 856.6M | +0.4% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.