cash flow reconciliationreview2023-06-30
Operating, investing and financing flows differ from the reported change in cash by 24000000, beyond tolerance 6190000.00.
Revenue
$4.50B
Fiscal year ended 2026-06-30Operating income
$698.00M
Fiscal year ended 2026-06-30Free cash flow
Unavailable
Fiscal year ended 2026-06-30CORNING INC /NY (GLW) reported revenue of $4.50B and net income of $559.00M for the fiscal year ended 2026-06-30. 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 | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.50B | $4.14B | $4.22B | $4.10B | $3.86B | $3.45B | $3.50B | $3.39B | $3.25B | $2.98B |
| Cost of revenue | $2.88B | $2.62B | $2.72B | $2.58B | $2.47B | $2.24B | $2.30B | $2.25B | $2.30B | $1.98B |
| Gross profit | $1.63B | $1.53B | $1.50B | $1.52B | $1.39B | $1.21B | $1.20B | $1.14B | $949.00M | $993.00M |
| Operating income | $698.00M | $639.00M | $672.00M | $589.00M | $573.00M | $445.00M | $393.00M | $302.00M | $186.00M | $254.00M |
| Net income | $559.00M | $371.00M | $540.00M | $430.00M | $469.00M | $157.00M | $310.00M | -$117.00M | $104.00M | $209.00M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 875.00M | shares 871.00M | Unavailable | shares 868.00M | shares 865.00M | shares 866.00M | Unavailable | shares 854.00M | shares 864.00M | shares 862.00M |
| Pretax income | $649.00M | $529.00M | $678.00M | $550.00M | $584.00M | $240.00M | $437.00M | -$92.00M | $172.00M | $296.00M |
| Income tax expense | $40.00M | $121.00M | $91.00M | $80.00M | $84.00M | $55.00M | $97.00M | $3.00M | $50.00M | $71.00M |
| Diluted EPS | $0.64 | $0.43 | Unavailable | $0.50 | $0.54 | $0.18 | Unavailable | $-0.14 | $0.12 | $0.24 |
| Selling, general & administrative | $608.00M | $588.00M | $512.00M | $624.00M | $515.00M | $471.00M | $499.00M | $510.00M | $471.00M | $451.00M |
| 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 | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $2.50B | $1.76B | $1.53B | Unavailable | $1.49B | $1.36B | $1.77B | Unavailable | Unavailable | Unavailable |
| Total assets | $32.96B | $31.25B | $30.98B | $29.92B | $28.74B | $27.39B | $27.74B | $28.32B | $27.18B | $27.62B |
| Current assets | $10.92B | $9.53B | $8.94B | $8.68B | $8.20B | $7.64B | $7.99B | $7.68B | $7.12B | $6.97B |
| Total liabilities | $19.83B | $18.90B | $18.67B | $17.91B | $17.20B | $16.27B | $16.66B | $16.86B | $16.25B | $16.06B |
| Current liabilities | $6.02B | $5.92B | $5.63B | $5.58B | $5.48B | $4.52B | $4.92B | $4.64B | $4.53B | $4.18B |
| Total equity incl. NCI | $13.13B | $12.35B | $12.31B | $12.00B | $11.54B | $11.13B | $11.07B | $11.47B | $10.93B | $11.56B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $3.43B | $3.28B | $3.08B | $3.10B | $3.08B | $2.90B | $2.72B | $2.79B | $2.68B | $2.71B |
| Accounts receivable | $2.93B | $2.68B | $2.78B | $2.51B | $2.30B | $2.04B | $2.05B | $1.99B | $1.72B | $1.62B |
| Goodwill | $2.48B | $2.48B | $2.49B | $2.49B | $2.49B | $2.37B | $2.36B | $2.39B | $2.36B | $2.37B |
| Long-term debt | $7.76B | $7.72B | $7.63B | $7.41B | $6.71B | $6.95B | $6.88B | $7.07B | $6.91B | $7.05B |
| Accounts payable | $2.36B | $2.25B | $1.98B | $2.03B | $1.93B | $1.74B | $1.47B | $1.56B | $1.47B | $1.48B |
Cash flow
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.72B | $362.00M | $1.05B | $784.00M | $708.00M | $151.00M | $623.00M | $699.00M | $521.00M | $96.00M |
| Capital expenditures | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Investing cash flow | -$359.00M | -$203.00M | -$478.00M | -$299.00M | -$301.00M | -$165.00M | -$207.00M | -$199.00M | -$154.00M | -$184.00M |
| Financing cash flow | -$631.00M | $59.00M | -$652.00M | -$324.00M | -$293.00M | -$403.00M | -$220.00M | -$332.00M | -$304.00M | -$308.00M |
| Net change in cash | $732.00M | $213.00M | -$82.00M | $157.00M | $132.00M | -$409.00M | $155.00M | $194.00M | $54.00M | -$414.00M |
| Stock-based compensation | $135.00M | $115.00M | $70.00M | $99.00M | $63.00M | $54.00M | $71.00M | $76.00M | $66.00M | $60.00M |
| Common dividends paid | $251.00M | $244.00M | $255.00M | $241.00M | $261.00M | $242.00M | $249.00M | $242.00M | $252.00M | $243.00M |
| Common share repurchases | Unavailable | Unavailable | $5.00M | $25.00M | $33.00M | $100.00M | $30.00M | $30.00M | Unavailable | Unavailable |
| Depreciation & amortization | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Derived
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross margin | 36.1% | 36.9% | 35.5% | 37.1% | 36.0% | 35.2% | 34.2% | 33.5% | 29.2% | 33.4% |
| Operating margin | 15.5% | 15.4% | 15.9% | 14.4% | 14.8% | 12.9% | 11.2% | 8.9% | 5.7% | 8.5% |
| FCF margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| SBC / revenue | 3.0% | 2.8% | 1.7% | 2.4% | 1.6% | 1.6% | 2.0% | 2.2% | 2.0% | 2.0% |
| Current ratio | 1.81x | 1.61x | 1.59x | 1.56x | 1.50x | 1.69x | 1.62x | 1.66x | 1.57x | 1.67x |
| Revenue YoY growth | 16.6% | 20.0% | 20.4% | 20.9% | 18.8% | 16.0% | 16.9% | 6.9% | 0.2% | -6.4% |
| Net margin | 12.4% | 9.0% | 12.8% | 10.5% | 12.1% | 4.5% | 8.9% | -3.5% | 3.2% | 7.0% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt / equity | 0.59x | Unavailable | 0.62x | 0.62x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 6.2% | 22.9% | 13.4% | 14.5% | 14.4% | 22.9% | 22.2% | Unavailable | 29.1% | 24.0% |
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
Reconciliation checks needing review
1 period on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.