Corning (GLW)

44.09

-0.09 (-0.20%)

At close: Apr 28, 2025, 3:59 PM

44.35

0.60%

After-hours: Apr 28, 2025, 07:59 PM EDT

Corning Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021	Q4 2020	Q3 2020	Q2 2020	Q1 2020	Q4 2019	Q3 2019	Q2 2019	Q1 2019	Q4 2018	Q3 2018	Q2 2018	Q1 2018	Q4 2017	Q3 2017	Q2 2017	Q1 2017	Q4 2016	Q3 2016	Q2 2016	Q1 2016
Period Ending	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016
Revenue	3.5B	3.39B	3.25B	2.98B	2.99B	3.17B	3.24B	3.18B	3.41B	3.49B	3.62B	3.68B	3.68B	3.62B	3.5B	3.29B	3.35B	3B	2.56B	2.39B	2.82B	2.93B	2.94B	2.81B	3.04B	3.01B	2.75B	2.5B	2.64B	2.61B	2.5B	2.38B	2.48B	2.51B	2.36B	2.05B
Cost of Revenue	2.3B	2.25B	2.32B	2.01B	2.08B	2.17B	2.23B	2.17B	2.49B	2.43B	2.37B	2.4B	2.4B	2.29B	2.19B	2.13B	2.14B	2B	1.8B	1.83B	1.96B	1.92B	1.88B	1.71B	1.83B	1.78B	1.68B	1.54B	1.6B	1.55B	1.51B	1.42B	1.49B	1.47B	1.41B	1.28B
Gross Profit	1.2B	1.14B	934M	963M	911M	1B	1.01B	1B	915M	1.06B	1.25B	1.28B	1.27B	1.32B	1.31B	1.16B	1.21B	1B	756M	561M	854M	1.02B	1.06B	1.1B	1.2B	1.23B	1.07B	955M	1.03B	1.06B	985M	957M	990M	1.04B	951M	764M
Operating Income	393M	302M	353M	254M	78M	236M	45M	297M	-14M	401M	490M	570M	483M	552M	575M	502M	476M	257M	-103M	-121M	147M	365M	374M	420M	464M	522M	395M	194M	372M	453M	381M	424M	432M	535M	247M	177M
Interest Income	13M	12M	10M	12M	13M	10M	8M	7M	6M	3M	3M	3M	3M	3M	2M	3M	3M	3M	3M	6M	5M	4M	5M	7M	9M	7M	9M	13M	12M	10M	11M	12M	11M	9M	6M	6M
Pretax Income	437M	-92M	172M	296M	-38M	217M	409M	228M	4M	260M	750M	761M	576M	480M	516M	825M	330M	450M	-49M	-108M	17M	408M	216M	575M	346M	758M	864M	-465M	566M	479M	592M	20M	2.4B	257M	1.7B	-672M
Net Income	310M	-117M	104M	209M	-40M	164M	515M	176M	-27M	208M	563M	581M	487M	371M	449M	599M	252M	427M	-71M	-96M	32M	337M	92M	499M	292M	625M	738M	-589M	-1.41B	390M	439M	86M	1.57B	284M	2.21B	-368M
Selling & General & Admin	499M	510M	319M	451M	514M	468M	440M	421M	517M	461M	486M	434M	476M	486M	465M	400M	471M	480M	401M	395M	401M	369M	414M	401M	447M	439M	412M	501M	400M	372M	379M	316M	368M	302M	499M	303M
Research & Development	275M	294M	262M	258M	289M	270M	263M	254M	281M	278M	240M	248M	280M	251M	242M	222M	232M	231M	430M	261M	278M	255M	249M	249M	265M	244M	243M	241M	240M	213M	207M	200M	173M	187M	192M	190M
Other Expenses	30M	n/a	33M	74M	-72M	33M	31M	31M	31M	31M	30M	31M	67M	-6M	7M	117M	11M	-62M	2M	-11M	-96M	-15M	-35M	-9M	-205M	12M	14M	-37M	-60M	-4M	-18M	-21M	-14M	-28M	-26M	21M
Operating Expenses	804M	804M	581M	709M	803M	738M	734M	706M	829M	770M	756M	713M	788M	769M	740M	654M	737M	744M	859M	682M	707M	652M	691M	679M	738M	710M	677M	761M	662M	603M	604M	533M	559M	506M	706M	507M
Interest Expense	79M	83M	84M	83M	90M	82M	81M	76M	76M	73M	72M	71M	73M	72M	78M	77M	75M	70M	67M	64M	60M	55M	54M	52M	51M	45M	43M	52M	43M	37M	38M	37M	37M	41M	40M	41M
Selling & Marketing Expenses	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Cost & Expenses	3.11B	3.06B	2.9B	2.72B	2.89B	2.91B	2.93B	2.88B	3.32B	3.2B	3.13B	3.11B	3.19B	3.06B	2.93B	2.79B	2.87B	2.74B	2.66B	2.51B	2.67B	2.57B	2.57B	2.39B	2.57B	2.49B	2.35B	2.31B	2.27B	2.15B	2.12B	1.95B	2.04B	1.97B	2.12B	1.79B
Income Tax Expense	97M	3M	50M	71M	10M	-35M	-106M	37M	31M	34M	166M	180M	89M	109M	67M	226M	78M	23M	22M	-12M	-15M	71M	124M	76M	54M	133M	126M	124M	1.98B	89M	153M	-66M	832M	-27M	-504M	-304M
Shares Outstanding (Basic)	881.99M	854M	853M	852M	851M	850M	848M	844M	843M	843M	843M	843M	849M	852M	842.86M	766M	763M	760M	738.46M	750M	764M	775M	781M	784M	795M	805M	819M	848M	823.62M	883M	908M	925M	942M	978M	1.06B	1.09B
Shares Outstanding (Diluted)	854M	854M	864M	862M	851M	859M	859M	859M	843M	855M	856M	859M	864M	866M	844M	898M	894M	889M	759M	760M	886M	897M	789M	908M	919M	930M	943M	848M	863M	1.01B	1.03B	1.05B	1.07B	1.1B	1.18B	1.1B
EPS (Basic)	0.35	-0.14	0.12	0.25	-0.05	0.19	0.61	0.21	-0.03	0.25	0.67	0.69	0.57	0.44	-0.42	0.75	0.30	0.53	-0.1	-0.13	0.01	0.40	0.09	0.61	0.34	0.75	0.87	-0.69	-1.71	0.41	0.46	0.07	1.64	0.27	2.06	-0.34
EPS (Diluted)	0.36	-0.14	0.12	0.24	-0.05	0.19	0.60	0.20	-0.03	0.24	0.66	0.68	0.56	0.43	-0.42	0.67	0.28	0.48	-0.09	-0.13	0.01	0.38	0.09	0.55	0.32	0.67	0.78	-0.69	-1.64	0.39	0.42	0.07	1.47	0.26	1.87	-0.33
EBITDA	776M	330M	591M	594M	837M	565M	621M	637M	847M	677M	866M	967M	967M	952M	963M	892M	959M	826M	596M	338M	673M	904M	799M	754M	787M	849M	725M	-90M	675M	740M	666M	683M	557M	786M	605M	177M
EBIT	516M	-9M	256M	257M	492M	225M	278M	296M	501M	319M	491M	854M	588M	565M	599M	530M	567M	432M	18M	-44M	281M	508M	419M	419M	457M	531M	403M	-413M	369M	446M	385M	406M	252M	486M	1.74B	-631M
Depreciation & Amortization	335M	339M	335M	337M	345M	340M	343M	341M	346M	358M	375M	373M	379M	371M	369M	362M	392M	394M	352M	382M	392M	396M	380M	335M	330M	318M	322M	323M	306M	294M	281M	277M	305M	300M	295M	295M