Corning Incorporated (BIT:1GLW)
119.54
-5.96 (-4.75%)
At close: Mar 5, 2026
Corning Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | 2020 - 2016 |
| Revenue | 15,629 | 13,118 | 12,588 | 14,189 | 14,082 | Upgrade
|
| Revenue Growth (YoY) | 19.14% | 4.21% | -11.28% | 0.76% | 24.59% | Upgrade
|
| Cost of Revenue | 10,005 | 8,680 | 8,374 | 9,346 | 8,939 | Upgrade
|
| Gross Profit | 5,624 | 4,438 | 4,214 | 4,843 | 5,143 | Upgrade
|
| Selling, General & Admin | 2,080 | 1,902 | 1,825 | 1,835 | 1,727 | Upgrade
|
| Research & Development | 1,110 | 1,089 | 1,076 | 1,047 | 994 | Upgrade
|
| Amortization of Goodwill & Intangibles | 110 | 121 | 122 | 123 | 129 | Upgrade
|
| Operating Expenses | 3,300 | 3,112 | 3,023 | 3,005 | 2,850 | Upgrade
|
| Operating Income | 2,324 | 1,326 | 1,191 | 1,838 | 2,293 | Upgrade
|
| Interest Expense | -336 | -329 | -329 | -292 | -300 | Upgrade
|
| Interest & Investment Income | 38 | 47 | 38 | 15 | 11 | Upgrade
|
| Currency Exchange Gain (Loss) | 190 | -13 | 184 | 394 | 391 | Upgrade
|
| Other Non Operating Income (Expenses) | -145 | 259 | 30 | 183 | 172 | Upgrade
|
| EBT Excluding Unusual Items | 2,071 | 1,290 | 1,114 | 2,138 | 2,567 | Upgrade
|
| Merger & Restructuring Charges | -3 | -293 | -283 | -337 | -110 | Upgrade
|
| Gain (Loss) on Sale of Assets | -11 | -176 | - | - | - | Upgrade
|
| Other Unusual Items | -5 | -8 | -15 | -4 | -31 | Upgrade
|
| Pretax Income | 2,052 | 813 | 816 | 1,797 | 2,426 | Upgrade
|
| Income Tax Expense | 310 | 221 | 168 | 411 | 491 | Upgrade
|
| Earnings From Continuing Operations | 1,742 | 592 | 648 | 1,386 | 1,935 | Upgrade
|
| Minority Interest in Earnings | -146 | -86 | -67 | -70 | -29 | Upgrade
|
| Net Income | 1,596 | 506 | 581 | 1,316 | 1,906 | Upgrade
|
| Preferred Dividends & Other Adjustments | - | - | - | - | 827 | Upgrade
|
| Net Income to Common | 1,596 | 506 | 581 | 1,316 | 1,079 | Upgrade
|
| Net Income Growth | 215.41% | -12.91% | -55.85% | -30.95% | 272.27% | Upgrade
|
| Shares Outstanding (Basic) | 855 | 853 | 848 | 843 | 828 | Upgrade
|
| Shares Outstanding (Diluted) | 871 | 869 | 859 | 857 | 844 | Upgrade
|
| Shares Change (YoY) | 0.23% | 1.16% | 0.23% | 1.54% | 9.33% | Upgrade
|
| EPS (Basic) | 1.87 | 0.59 | 0.69 | 1.56 | 1.30 | Upgrade
|
| EPS (Diluted) | 1.83 | 0.58 | 0.68 | 1.54 | 1.28 | Upgrade
|
| EPS Growth | 215.52% | -14.71% | -55.84% | 20.31% | 137.04% | Upgrade
|
| Free Cash Flow | 1,413 | 974 | 615 | 1,011 | 1,775 | Upgrade
|
| Free Cash Flow Per Share | 1.62 | 1.12 | 0.72 | 1.18 | 2.10 | Upgrade
|
| Dividend Per Share | 1.120 | 1.120 | 1.120 | 1.080 | 0.960 | Upgrade
|
| Dividend Growth | - | - | 3.70% | 12.50% | 9.09% | Upgrade
|
| Gross Margin | 35.98% | 33.83% | 33.48% | 34.13% | 36.52% | Upgrade
|
| Operating Margin | 14.87% | 10.11% | 9.46% | 12.95% | 16.28% | Upgrade
|
| Profit Margin | 10.21% | 3.86% | 4.62% | 9.28% | 7.66% | Upgrade
|
| Free Cash Flow Margin | 9.04% | 7.42% | 4.89% | 7.12% | 12.61% | Upgrade
|
| EBITDA | 3,671 | 2,676 | 2,560 | 3,290 | 3,774 | Upgrade
|
| EBITDA Margin | 23.49% | 20.40% | 20.34% | 23.19% | 26.80% | Upgrade
|
| D&A For EBITDA | 1,347 | 1,350 | 1,369 | 1,452 | 1,481 | Upgrade
|
| EBIT | 2,324 | 1,326 | 1,191 | 1,838 | 2,293 | Upgrade
|
| EBIT Margin | 14.87% | 10.11% | 9.46% | 12.95% | 16.28% | Upgrade
|
| Effective Tax Rate | 15.11% | 27.18% | 20.59% | 22.87% | 20.24% | Upgrade
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Source: S&P Capital IQ. Standard template. Financial Sources.