Corning Incorporated (GLW) Financial Statements
Historical financial data — 41 statements covering FY2016–FY2025
Corning is a provider of glass, ceramics, and optical fiber across six distinct end markets. Corning's largest segments by revenue are display glass for TVs and optical fiber for telecom networks a...
Corning Incorporated's revenue increased 19.1% year over year, from $13.12B to $15.63B.
Net income increased 215.4% over the same period, from $506.0M to $1.60B.
Over the 9-year period from FY2016 to FY2025, revenue grew by 66% in total.
Total debt increased by 16.3% to $8.40B.
The debt-to-equity ratio stands at 0.71, indicating a moderate leverage profile.
Operating cash flow grew 39.0% to $2.69B.
Corning Incorporated maintains a healthy net profit margin of 10.2%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $3.39B+4.3% | $-117.0M | $1.14B | $302.0M | $699.0M | $28.32B | $7.43B | $11.10B |
| Q4 FY2024 | $3.50B+3.2% | $310.0M | $1.20B | $393.0M | $623.0M | $27.73B | $7.23B | $10.69B |
| Q1 FY2025 | $3.45B-1.4% | $157.0M | $1.21B | $445.0M | $151.0M | $27.39B | $7.28B | $10.72B |
| Q2 FY2025 | $3.86B+11.9% | $469.0M | $1.39B | $573.0M | $708.0M | $28.75B | $7.49B | $11.12B |
| Q3 FY2025 | $4.10B+6.2% | $430.0M | $1.52B | $589.0M | $784.0M | $29.92B | $8.21B | $11.54B |
| Q4 FY2025 | $4.21B+2.8% | $540.0M | $1.50B | $672.0M | $1.05B | $30.98B | $8.40B | $11.81B |
| Q1 FY2026 | $4.14B-1.7% | $371.0M | $1.53B | $639.0M | $362.0M | N/A | N/A | N/A |
| Q2 FY2026 | $4.50B+8.7% | $559.0M | $1.63B | $698.0M | $1.72B | N/A | N/A | N/A |
Balance Sheet Summary (FY2025)
Corning Incorporated (GLW) Financial Statements & Revenue History
Corning Incorporated (GLW) is a US-listed stock operating in the Industrials sector, specifically the Drawing & Insulating Of Nonferrous Wire industry trading at $130.86 with a market capitalization of $113. This page provides 41 historical financial statements for Corning Incorporated, including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Corning Incorporated reported revenue of $15.6 billion, representing 19.1% year-over-year growth. The net profit margin of 10.2% indicates moderate profitability. The debt-to-equity ratio of 0.71 reflects moderate leverage.
GLW Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Corning Incorporated's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether GLW is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track GLW's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Corning Incorporated converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of GLW's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use GLW Financial Data
Investors use Corning Incorporated's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare GLW's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how GLW's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View GLW's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Corning Incorporated's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.GLW trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.