Corning Incorporated

Corning Incorporated

106.13
USD
+2.70
(+2.61%)
2.38EPS
115.31P/E
219.58BMarket Cap
Feb 03Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
5.38
7.44
7.47
9.21
11.3
13.84
14.82
14.85
17.01
16.83
14.84
15.38
18.28
- -
Basic EPS, GAAP
1.35
1.82
1.02
3.53
-0.66
1.19
1.11
0.54
2.27
1.56
0.69
0.59
1.87
- -
Free Cash Flow per Basic Share
1.92
3.61
2.32
2.49
2.24
3.49
2.61
2.86
4.12
3.1
2.36
2.27
3.15
- -
Dividend per Share
0.39
0.45
0.56
0.63
0.73
0.84
0.96
1.03
1.05
1.11
1.17
1.16
1.17
0.87
Book Value per Share
15.13
15.13
14.59
16.84
15.62
14.58
13.92
14.32
14.86
14.59
13.54
12.51
13.77
- -
Tangible Book Value per Share
14.02
13.84
12.75
14.28
12.63
10.49
9.83
9.4
10.56
10.43
9.69
8.87
10.1
- -
Basic Weighted Avg Shares
1,452
1,305
1,219
1,020
895
816
776
761
828
843
848
853
855
860
Sales/Revenue/Turnover
7,819
9,715
9,111
9,390
10,116
11,290
11,503
11,303
14,082
14,189
12,588
13,118
15,629
- -
Operating Margin (%)
18.63
20.61
14.51
15.99
15.9
13.95
11.35
4.5
15
10.13
7.07
8.65
14.58
- -
Depreciation Expense
1,002
1,200
1,184
1,195
1,158
1,293
1,503
1,520
1,481
1,452
1,369
1,350
1,347
- -
Net Income, GAAP
1,961
2,472
1,339
3,695
-497
1,066
960
512
1,906
1,316
581
506
1,596
- -
Effective Tax Rate (%)
20.7
30.72
9.89
- -
129.99
29.08
21.05
17.82
20.24
22.87
20.59
27.18
15.11
- -
Profit Margin (%)
25.08
25.45
14.7
39.35
-4.91
9.44
8.35
4.53
13.54
9.27
4.62
3.86
10.21
- -
Working Capital
7,145
7,914
5,455
6,297
5,618
3,723
3,942
4,237
2,853
2,278
2,893
3,073
3,308
- -
LT Debt
3,272
3,227
3,890
3,646
4,749
5,994
8,179
8,449
7,680
7,482
8,052
7,670
8,476
- -
Total Equity
21,211
21,652
18,863
17,960
15,770
13,886
12,997
13,448
12,545
12,275
11,868
11,070
12,307
- -
Return on Invested Capital (%)
4.36
5.4
4.93
- -
-2.25
5.45
4.98
1.92
7.87
5.45
3.48
4.17
9.44
- -
Return on Capital (%)
8.31
10.35
6.07
- -
-2.54
5.89
5.52
3.4
9.95
7.27
3.83
3.34
8.5
- -
Return on Common Equity (%)
9.2
11.76
6.94
22.42
-4.1
7.78
7.8
3.84
16.16
10.81
4.93
4.55
14.19
- -

Capital Structure

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
ST Debt
1,354
758
- -
LT Borrowings
7,718
7,756
- -
LT Finance Leases
852
865
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
859
860
906
Market Capitalization
116,806
219,577
139,307

Working Capital

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
Total Current Assets
9,526
10,917
- -
Cash, Cash Equivalents & STI
1,755
2,504
- -
Accounts Receivable, Net
2,676
2,932
- -
Inventories
3,279
3,426
- -
Total Current Liabilities
5,916
6,021
- -
Payables & Accruals
2,873
3,374
- -
ST Debt
1,354
758
- -
Deferred Revenue
414
465
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-3.96%
-1.55%
11.17%
Free Cash Flow
3.52%
9.1%
38.99%
Net Income, GAAP
7.94%
77.6%
215.42%
Sales/Revenue/Turnover
6%
7.48%
19.14%
Total Cash Common Dividend
5.82%
8.02%
1.32%

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,975
3,251
3,391
3,501
13,118
2025
3,452
3,862
4,100
4,215
15,629
2026
4,144
4,505
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.25
0.12
-0.14
0.36
0.59
2025
0.18
0.55
0.5
0.63
1.87
2026
0.43
0.65
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.29
0.3
0.28
0.29
1.16
2025
0.28
0.31
0.28
0.3
1.17
2026
0.28
0.29
- -
- -
- -

Company Description

CEO
Wendell P. Weeks
Full Time Employees
67,200
Sector
Electronic technology
Industry
Electronic components
Address
One Riverfront Plaza Corning NY United States 14831
IPO Date
May 21, 1945
Business
Corning Incorporated (NYSE: GLW), founded in 1851 and headquartered in Corning, New York, develops and manufactures specialty materials including glass, ceramics, and optical technologies for industrial, scientific, mobile consumer electronics, display, automotive, life sciences, and communications applications. The company operates five main business segments offering optical connectivity solutions comprising optical fibers, cables, cable assemblies, hardware, connectors, and accessories; display technologies including precision glass substrates for active matrix liquid crystal displays and organic light-emitting diodes used in televisions, laptops, monitors, tablets, and handheld devices; automotive and environmental technologies featuring ceramic substrates and filters for emissions control in gasoline, diesel, and mobile applications; specialty materials such as glass wafers, cover glass under the Gorilla Glass brand, radiation shielding products, and semiconductor optics; and life sciences products including lab consumables, cell culture media, plastic vessels, and glassware under brands like Corning, Pyrex, Falcon, and Axygen. Corning maintains manufacturing and research facilities in the United States, Canada, Mexico, Japan, Taiwan, China, South Korea, Germany, India, and other international locations, serving telecommunications providers, governments, businesses, consumers, and industrial customers worldwide. In recent developments, Corning entered a strategic partnership with QuantumScape Corporation in September 2025 to jointly develop high-volume ceramic separator manufacturing for solid-state batteries; upgraded its Springboard growth plan in March 2025 to target over $4 billion in additional annualized sales and 20% operating margins by end-2026 alongside launching a Solar Market-Access Platform projected to reach $2.5 billion in revenue by 2028; announced plans for a $500 million investment in China during 2025 to expand technology capabilities; and appointed Ami Badani to its board of directors in October 2025.

Company News

  • These 4 Stocks Are Tied to the Smartphone in Your Pocket

  • Reviewing Benchmark Electronics (NYSE:BHE) & Corning (NYSE:GLW)

  • The London Company Income Equity Vs. Russell 1000 Q3 2026 Commentary

  • Corning Incorporated $GLW Stock Sold by Bank Julius Baer & Co. Ltd Zurich

  • Corning: 3 Key Takeaways for Long-Term Investors

  • Alger Growth & Income Fund Q3 2026 Portfolio Update

  • Are Computer and Technology Stocks Lagging Corning (GLW) This Year?

  • Meet the Brilliant AI Stock Obliterating Nvidia in 2026 With a Return of 44%

  • Prediction: Here's Where Corning Stock Will Trade in 2030

  • Bet on These 5 Dividend Growth Stocks as Alphabet Loses $500B in Market Cap

  • Corning Q3 Sales Jump 19% as AI Optical Demand and Margins Accelerate

  • Corning Falls 14.1% in the Past Month: Is the Pullback a Buying Chance?

  • T vs. GLW: Which Telecom Infrastructure Stock Is the Better Buy?

  • Buy Corning on Solid Q3 Earnings, Guidance and AI Photonics Space Rally

  • Undercovered Dozen: Micron, i-80 Gold, Hercules Capital, And More

  • The Invisible AI Backbone: Corning's AI Fiber Play

  • Optical Stocks Climb as Analysts Flag AI Bottleneck: Lumentum Rises 4%, Applied Optoelectronics and Corning Gain 3%, Coherent Sits Out the Rally

  • GLW Q3 Earnings Call Highlights AI Demand and Revenue Growth

  • Why Investors Need to Take Advantage of These 2 Computer and Technology Stocks Now

  • What Corning (GLW) Said on Its Q3 Earnings Call