GL
GLW
Market ClosedCorning Incorporated
US
56.30K employees
CEO: Wendell Weeks
Founded: 1981
$195.00
+$0.00(+NaN%)
Market Cap
167.82B
Beta
1.16
52W Range
N/A
Dividend Yield
0.57%
Financial Statements
Comprehensive breakdown of financial statements and performance metrics
Gross Margin
35.3%
29.0%
CAGR: 2.2%
Profit after direct costs
Operating Margin
14.9%
105.4%
CAGR: 2.5%
Core business profitability
Net Margin
10.2%
215.4%
CAGR: -4.3%
Bottom line profitability
Revenue Growth
19.1%
YoY
CAGR: 2.6%
Top line growth rate
Revenue Flow Analysis
Visual flow showing how GLW allocates revenue across expenses and profit
Fiscal Year 2025
Revenue Distribution
Flow of revenue through cost categories to net income
Gross Margin
35.3%
$5.51B
Operating Margin
14.9%
$2.33B
Net Margin
10.2%
$1.60B
Detailed Income Statement
Complete profit and loss breakdown with margin analysis and historical comparison
| Item | Trend | 2021 | 2022 | 2023 | 2024 | 2025 | YoY Change |
|---|---|---|---|---|---|---|---|
Total Revenue | 14.08B | 14.19B | 12.59B | 13.12B | 15.63B | 19.1% | |
| Cost of Revenue | (9.02B) | (9.68B) | (8.66B) | (8.84B) | (10.12B) | 14.4% | |
Gross Profit | 5.06B | 4.51B | 3.93B | 4.28B | 5.51B | 29.0% | |
| Operating Expenses | |||||||
| Research & Development | (995.00M) | (1.05B) | (1.08B) | (1.09B) | (1.11B) | 1.9% | |
| Selling, General & Administrative | (1.83B) | (1.90B) | (1.84B) | (1.93B) | (2.07B) | 7.4% | |
| Depreciation & Amortization | (1.48B) | (1.45B) | (1.37B) | (1.35B) | (1.35B) | -0.2% | |
Operating Income (EBIT) | 2.11B | 1.44B | 890.00M | 1.14B | 2.33B | 105.4% | |
| Non-Operating Items | |||||||
| Interest Income | 11.00M | 15.00M | 38.00M | 47.00M | 38.00M | -19.1% | |
| Interest Expense | (300.00M) | (292.00M) | (329.00M) | (329.00M) | (336.00M) | 2.1% | |
| Other Income/Expenses (Net) | 314.00M | 359.00M | -74.00M | -322.00M | -279.00M | -13.4% | |
Income Before Tax | 2.43B | 1.80B | 816.00M | 813.00M | 2.05B | 152.4% | |
| Income Tax Expense | (491.00M) | (411.00M) | (168.00M) | (221.00M) | (310.00M) | 40.3% | |
Net Income | 1.91B | 1.32B | 581.00M | 506.00M | 1.60B | 215.4% | |
| Per Share Metrics | |||||||
| Earnings Per Share (Basic) | $1 | $2 | $1 | $1 | $2 | 215.3% | |
| Weighted Avg Shares Outstanding | 828.00M | 843.00M | 848.00M | 853.00M | 860.00M | 0.8% | |
| Weighted Avg Shares Outstanding (Diluted) | 844.00M | 857.00M | 859.00M | 869.00M | 860.00M | -1.0% | |
EBITDA | 4.21B | 3.54B | 2.51B | 2.49B | 3.73B | 49.9% |
Explore GLW
GLW in the Technology
Large Cap