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Corning (GLW)

44.09

-0.09 (-0.20%)

At close: Apr 28, 2025, 3:50 PM

Corning Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Revenue	13.12B	12.59B	14.19B	14.08B	11.3B	11.5B	11.29B	10.12B	9.39B
Cost of Revenue	8.84B	8.66B	9.68B	9.02B	7.77B	7.47B	6.83B	6.08B	5.64B
Gross Profit	4.28B	3.93B	4.51B	5.06B	3.53B	4.04B	4.46B	4.03B	3.75B
Operating Income	1.14B	890M	1.44B	2.11B	509M	1.31B	1.57B	1.63B	1.39B
Interest Income	47M	38M	15M	11M	15M	21M	38M	45M	32M
Pretax Income	813M	816M	1.8B	2.4B	623M	1.22B	1.5B	1.66B	3.69B
Net Income	506M	581M	1.32B	1.91B	512M	960M	1.07B	-497M	3.69B
Selling & General & Admin	1.93B	1.84B	1.9B	1.83B	1.75B	1.58B	1.8B	1.47B	1.47B
Research & Development	1.09B	1.08B	1.05B	995M	1.15B	1.03B	993M	860M	742M
Other Expenses	121M	n/a	123M	129M	121M	113M	-216M	-103M	-84M
Operating Expenses	3.14B	3.04B	3.07B	2.95B	3.02B	2.73B	2.89B	2.4B	2.28B
Interest Expense	329M	329M	292M	300M	276M	221M	191M	155M	159M
Selling & Marketing Expenses	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Cost & Expenses	11.98B	11.7B	12.75B	11.97B	10.79B	10.2B	9.71B	8.49B	7.92B
Income Tax Expense	221M	168M	411M	491M	111M	256M	437M	2.15B	-3M
Shares Outstanding (Basic)	872.41M	848M	843M	828M	761M	776M	941M	895M	1.02B
Shares Outstanding (Diluted)	869M	859M	857M	844M	772M	899M	941M	895M	1.14B
EPS (Basic)	0.58	0.69	1.56	1.30	0.54	1.11	1.13	-0.56	3.53
EPS (Diluted)	0.58	0.68	1.54	1.28	0.54	1.07	1.13	-0.56	3.23
EBITDA	2.49B	2.51B	3.36B	3.77B	2.87B	3.16B	2.9B	2.77B	2.64B
EBIT	1.14B	1.15B	1.91B	2.29B	899M	1.66B	1.6B	1.61B	1.45B
Depreciation & Amortization	1.35B	1.37B	1.45B	1.48B	1.52B	1.5B	1.29B	1.16B	1.2B