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	13.12B	12.61B	12.39B	12.38B	12.59B	13B	13.31B	13.69B	14.19B	14.46B	14.59B	14.47B	14.08B	13.76B	13.14B	12.2B	11.3B	10.77B	10.7B	11.08B	11.5B	11.72B	11.79B	11.6B	11.29B	10.89B	10.49B	10.24B	10.12B	9.96B	9.86B	9.72B	9.39B	9.14B	8.91B	8.89B
Cost of Revenue	8.89B	8.67B	8.58B	8.49B	8.66B	9.06B	9.32B	9.46B	9.68B	9.6B	9.46B	9.28B	9.02B	8.75B	8.46B	8.08B	7.77B	7.6B	7.51B	7.58B	7.47B	7.34B	7.2B	7B	6.83B	6.6B	6.37B	6.21B	6.08B	5.97B	5.88B	5.78B	5.64B	5.53B	5.45B	5.41B
Gross Profit	4.23B	3.94B	3.81B	3.89B	3.93B	3.94B	3.99B	4.23B	4.51B	4.86B	5.12B	5.19B	5.06B	5B	4.68B	4.13B	3.53B	3.17B	3.19B	3.5B	4.04B	4.38B	4.6B	4.61B	4.46B	4.29B	4.12B	4.03B	4.03B	3.99B	3.97B	3.94B	3.75B	3.61B	3.46B	3.49B
Operating Income	1.3B	987M	921M	613M	656M	564M	729M	1.17B	1.45B	1.94B	2.1B	2.18B	2.11B	2.1B	1.81B	1.13B	509M	180M	288M	765M	1.31B	1.62B	1.78B	1.8B	1.57B	1.48B	1.41B	1.4B	1.63B	1.69B	1.77B	1.64B	1.39B	1.05B	903M	1.09B
Interest Income	47M	47M	45M	43M	38M	31M	24M	19M	15M	12M	12M	11M	11M	11M	11M	12M	15M	17M	18M	20M	21M	25M	28M	32M	38M	41M	44M	46M	45M	44M	43M	38M	32M	26M	23M	22M
Pretax Income	813M	338M	647M	884M	816M	858M	901M	1.24B	1.77B	2.35B	2.57B	2.33B	2.4B	2.15B	2.12B	1.56B	623M	310M	268M	533M	1.22B	1.54B	1.9B	2.54B	1.5B	1.72B	1.44B	1.17B	1.66B	3.5B	3.27B	4.38B	3.69B	1.46B	1.42B	321M
Net Income	506M	156M	437M	848M	815M	828M	872M	920M	1.32B	1.84B	2B	1.89B	1.91B	1.67B	1.73B	1.21B	512M	292M	202M	365M	960M	1.22B	1.51B	2.15B	1.07B	-638M	-873M	-1.17B	-497M	2.49B	2.38B	4.15B	3.69B	2.35B	2.27B	564M
Selling & General & Admin	1.78B	1.79B	1.75B	1.87B	1.84B	1.85B	1.84B	1.89B	1.9B	1.86B	1.88B	1.86B	1.83B	1.82B	1.82B	1.75B	1.75B	1.68B	1.57B	1.58B	1.58B	1.63B	1.7B	1.7B	1.8B	1.75B	1.69B	1.65B	1.47B	1.44B	1.36B	1.49B	1.47B	1.66B	1.67B	1.5B
Research & Development	1.09B	1.1B	1.08B	1.08B	1.08B	1.07B	1.08B	1.05B	1.05B	1.05B	1.02B	1.02B	995M	947M	927M	1.11B	1.15B	1.2B	1.22B	1.04B	1.03B	1.02B	1.01B	1B	993M	968M	937M	901M	860M	793M	767M	752M	742M	777M	771M	770M
Other Expenses	137M	35M	68M	66M	23M	126M	124M	123M	123M	159M	122M	99M	185M	129M	73M	68M	-60M	-167M	-120M	-157M	-155M	-264M	-237M	-188M	-216M	-71M	-87M	-119M	-103M	-57M	-81M	-89M	-47M	-54M	-53M	-50M
Operating Expenses	2.9B	2.9B	2.83B	2.98B	2.98B	3.01B	3.04B	3.06B	3.07B	3.03B	3.03B	3.01B	2.95B	2.9B	2.88B	2.99B	3.02B	2.99B	2.9B	2.73B	2.73B	2.76B	2.82B	2.8B	2.89B	2.81B	2.7B	2.63B	2.4B	2.3B	2.2B	2.3B	2.28B	2.5B	2.49B	2.33B
Interest Expense	329M	340M	339M	336M	329M	315M	306M	297M	292M	289M	288M	294M	300M	302M	300M	289M	276M	261M	246M	233M	221M	212M	202M	191M	191M	183M	175M	170M	155M	149M	153M	155M	159M	161M	158M	151M
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	11.79B	11.56B	11.41B	11.45B	11.61B	12.04B	12.33B	12.52B	12.75B	12.62B	12.49B	12.29B	11.97B	11.65B	11.33B	11.07B	10.79B	10.59B	10.41B	10.32B	10.2B	10.1B	10.02B	9.8B	9.71B	9.41B	9.08B	8.84B	8.49B	8.27B	8.08B	8.08B	7.92B	8.03B	7.94B	7.74B
Income Tax Expense	221M	134M	96M	-60M	-94M	-73M	-4M	268M	411M	469M	544M	445M	491M	480M	394M	349M	111M	18M	66M	168M	256M	325M	387M	389M	437M	2.36B	2.32B	2.34B	2.15B	1.01B	892M	235M	-3M	-890M	-857M	-243M
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)	0.58	0.18	0.51	1.00	0.96	0.98	1.04	1.10	1.58	2.18	2.37	1.28	1.34	1.07	1.16	1.48	0.60	0.31	0.18	0.37	1.11	1.44	1.79	2.57	1.27	-0.78	-1.12	-1.53	-0.77	2.58	2.44	4.04	3.63	2.16	2.05	0.37
EPS (Diluted)	0.58	0.17	0.50	0.98	0.94	0.96	1.01	1.07	1.55	2.14	2.33	1.25	1.24	0.96	1.01	1.34	0.54	0.27	0.17	0.35	1.03	1.34	1.63	2.32	1.08	-0.88	-1.16	-1.52	-0.76	2.35	2.22	3.67	3.27	1.97	1.86	0.35
EBITDA	2.29B	2.35B	2.59B	2.62B	2.66B	2.67B	2.78B	3.03B	3.36B	3.48B	3.75B	3.85B	3.77B	3.77B	3.64B	3.27B	2.72B	2.43B	2.51B	2.71B	3.13B	3.24B	3.19B	3.12B	2.27B	2.16B	2.05B	1.99B	2.76B	2.65B	2.69B	2.63B	2.13B	1.96B	1.85B	1.98B
EBIT	1.02B	996M	1.23B	1.25B	1.29B	1.3B	1.39B	1.61B	2.17B	2.25B	2.5B	2.61B	2.28B	2.26B	2.13B	1.55B	973M	687M	763M	1.16B	1.63B	1.8B	1.83B	1.81B	978M	890M	805M	787M	1.61B	1.49B	1.53B	2.89B	1.85B	1.81B	1.58B	472M
Depreciation & Amortization	1.35B	1.36B	1.36B	1.36B	1.37B	1.37B	1.39B	1.42B	1.45B	1.49B	1.5B	1.49B	1.48B	1.49B	1.52B	1.5B	1.52B	1.52B	1.52B	1.55B	1.5B	1.44B	1.36B	1.3B	1.29B	1.27B	1.25B	1.2B	1.16B	1.16B	1.16B	1.18B	1.2B	1.19B	1.18B	1.19B