Revenue
$15.63B
Fiscal year ended 2025-12-31Operating income
$2.28B
Fiscal year ended 2025-12-31Free cash flow
Unavailable
Fiscal year ended 2025-12-31CORNING INC /NY (GLW) reported revenue of $15.63B and net income of $1.60B for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from CORNING INC /NY’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Drawing & Insulating of Nonferrous Wire.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.63B | $13.12B | $12.59B | $14.19B | $14.08B | $11.30B | $11.50B | $11.29B | $10.12B | $9.39B |
| Cost of revenue | $10.01B | $8.84B | $8.66B | $9.68B | $9.02B | $7.77B | $7.47B | $6.83B | $6.10B | $5.63B |
| Gross profit | $5.62B | $4.28B | $3.93B | $4.51B | $5.06B | $3.53B | $4.04B | $4.46B | $4.02B | $3.76B |
| Operating income | $2.28B | $1.14B | $890.00M | $1.44B | $2.11B | $509.00M | $1.31B | $1.58B | $1.61B | $1.42B |
| Net income | $1.60B | $506.00M | $581.00M | $1.32B | $1.91B | $512.00M | $960.00M | $1.07B | -$497.00M | $3.70B |
| Research & development | $800.00M | $800.00M | $900.00M | $900.00M | $800.00M | $1.00B | $800.00M | $807.00M | $689.00M | $637.00M |
| Weighted-average diluted shares | shares 871.00M | shares 869.00M | shares 859.00M | shares 857.00M | shares 844.00M | shares 772.00M | shares 899.00M | shares 941.00M | shares 895.00M | shares 1.14B |
| Pretax income | $2.05B | $813.00M | $816.00M | $1.80B | $2.43B | $634.00M | $1.22B | $1.50B | $1.66B | $3.69B |
| Income tax expense | $310.00M | $221.00M | $168.00M | $411.00M | $491.00M | $111.00M | $256.00M | $437.00M | $2.15B | -$3.00M |
| Diluted EPS | $1.83 | $0.58 | $0.68 | $1.54 | $1.28 | $0.54 | $1.07 | $1.13 | $-0.66 | $3.23 |
| Selling, general & administrative | $2.12B | $1.93B | $1.84B | $1.90B | $1.83B | $1.75B | $1.58B | $1.80B | $1.47B | $1.46B |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $1.53B | $1.77B | $1.78B | Unavailable | Unavailable | Unavailable | Unavailable | $2.36B | $4.32B | $5.29B |
| Total assets | $30.98B | $27.74B | $28.50B | $29.50B | $30.15B | $30.78B | $28.90B | $27.50B | $27.49B | $27.90B |
| Current assets | $8.94B | $7.99B | $7.21B | $7.45B | $7.66B | $8.00B | $7.46B | $7.03B | $8.83B | $9.05B |
| Total liabilities | $18.67B | $16.66B | $16.63B | $17.22B | $17.61B | $17.33B | $15.90B | $13.62B | $11.72B | $9.94B |
| Current liabilities | $5.63B | $4.92B | $4.32B | $5.18B | $4.81B | $3.77B | $3.52B | $3.31B | $3.21B | $2.75B |
| Total equity incl. NCI | $12.31B | $11.07B | $11.87B | $12.28B | $12.54B | $13.45B | $13.00B | $13.89B | $15.77B | $17.96B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $3.08B | $2.72B | $2.67B | $2.90B | $2.48B | $2.48B | $2.32B | $2.04B | $1.71B | $1.47B |
| Accounts receivable | $2.78B | $2.05B | $1.57B | $1.72B | $2.00B | $2.13B | $1.84B | $1.94B | $1.81B | $1.48B |
| Goodwill | $2.49B | $2.36B | $2.38B | $2.39B | $2.42B | $2.46B | $1.94B | $1.94B | $1.69B | $1.58B |
| Long-term debt | $7.63B | $6.88B | $7.21B | $6.69B | $6.99B | $7.82B | $7.73B | $5.99B | $4.75B | $3.65B |
| Accounts payable | $1.98B | $1.47B | $1.47B | $1.80B | $1.61B | $1.17B | $1.59B | $1.46B | $1.44B | $1.08B |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $2.70B | $1.94B | $2.00B | $2.62B | $3.41B | $2.18B | $2.03B | $2.92B | $2.00B | $2.54B |
| Capital expenditures | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Investing cash flow | -$1.24B | -$744.00M | -$1.00B | -$1.36B | -$1.42B | -$1.31B | -$1.89B | -$2.89B | -$1.71B | $3.66B |
| Financing cash flow | -$1.67B | -$1.16B | -$883.00M | -$1.65B | -$2.45B | -$729.00M | -$47.00M | -$2.00B | -$1.62B | -$5.32B |
| Net change in cash | -$202.00M | -$11.00M | $108.00M | -$477.00M | -$524.00M | $238.00M | $79.00M | -$1.96B | -$974.00M | $791.00M |
| Stock-based compensation | $286.00M | $273.00M | $218.00M | $175.00M | $190.00M | $207.00M | $56.00M | $51.00M | $46.00M | $42.00M |
| Common dividends paid | $999.00M | $986.00M | $989.00M | $932.00M | $871.00M | $787.00M | $742.00M | $685.00M | $651.00M | $645.00M |
| Common share repurchases | $163.00M | $165.00M | Unavailable | $221.00M | $274.00M | $105.00M | $940.00M | $2.23B | $2.45B | $4.23B |
| Depreciation & amortization | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross margin | 36.0% | 32.6% | 31.2% | 31.8% | 36.0% | 31.2% | 35.1% | 39.5% | 39.7% | 40.1% |
| Operating margin | 14.6% | 8.7% | 7.1% | 10.1% | 15.0% | 4.5% | 11.4% | 14.0% | 15.9% | 15.2% |
| FCF margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| SBC / revenue | 1.8% | 2.1% | 1.7% | 1.2% | 1.3% | 1.8% | 0.5% | 0.5% | 0.5% | Unavailable |
| Current ratio | 1.59x | 1.62x | 1.67x | 1.44x | 1.59x | 2.12x | 2.12x | 2.12x | 2.75x | 3.29x |
| Revenue YoY growth | 19.1% | 4.2% | -11.3% | 0.8% | 24.6% | -1.7% | 1.9% | 11.6% | 7.7% | Unavailable |
| Net margin | 10.2% | 3.9% | 4.6% | 9.3% | 13.5% | 4.5% | 8.3% | 9.4% | -4.9% | 39.4% |
| R&D / revenue | 5.1% | 6.1% | 7.1% | 6.3% | 5.7% | 8.8% | 7.0% | 7.1% | 6.8% | 6.8% |
| CapEx / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt / equity | 0.62x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 15.1% | 27.2% | 20.6% | 22.9% | 20.2% | 17.5% | 21.1% | 29.1% | 130.0% | -0.1% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open GLW in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-07-29View SEC filing
10-Q · Filed 2026-05-01View SEC filing
10-K · Filed 2026-02-12View SEC filing
10-Q · Filed 2025-10-31View SEC filing
10-Q · Filed 2025-08-01View SEC filing
10-Q · Filed 2025-05-02View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.