GLW
$132.00-4.64%
as of close, Oct 16, 2026
☾ AH $132.00 -4.64%
Corning IncorporatedStock · TechnologyS&P 500 0.3%Russell 1000 0.3%Russell 3000 0.3%US Stock Market 0.3%MSCI World 0.2%S&P 500 Equal Weight 0.2%MSCI ACWI 0.1%
GLW financial statements
The full income statement, balance sheet, and cash-flow statement for Corning Incorporated (GLW), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 855.7M2024-09 856.2M2024-12 856.6M2025-03 856.5M2025-06 856.6M2025-09 857.4M2025-12 857.9M2026-03 860.6M2026-06 861.4M+0.7% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 15.6B+19.1% | 13.1B+4.2% | 12.6B-11.3% | 14.2B+0.8% | 14.1B+24.6% | |
| 5.62B+31.5% | 4.28B+8.8% | 3.93B-12.8% | 4.51B-11.0% | 5.06B+43.4% | ||
| Cost of revenue | 10.0B+13.2% | 8.84B+2.1% | 8.66B-10.6% | 9.68B+7.4% | 9.02B+16.0% | |
| Research & development | 800M+0.0% | 800M-11.1% | 900M+0.0% | 900M+12.5% | 800M-20.0% | |
| Selling, general & administrative | 2.12B+9.9% | 1.93B+4.8% | 1.84B-2.9% | 1.90B+3.9% | 1.83B+4.6% | |
| Amortization of intangibles | 110M-9.1% | 121M-0.8% | 122M-0.8% | 123M-4.7% | 129M+6.6% | |
| Operating income | 2.28B+100.8% | 1.14B+27.5% | 890M-38.1% | 1.44B-31.9% | 2.11B+314.9% | |
| Interest expense | 336M+2.1% | 329M+0.0% | 329M+12.7% | 292M-2.7% | 300M+8.7% | |
| Interest & investment income | 38.0M-19.1% | 47.0M+23.7% | 38.0M+153.3% | 15.0M+36.4% | 11.0M-26.7% | |
| Other non-operating income | -79.0M+35.8% | -123M-319.6% | 56.0M-80.4% | 285M+14.5% | 249M+436.5% | |
| Equity-method income | — | — | — | — | 35.0M+240.0% | |
| Pre-tax income | 2.05B+152.4% | 813M-0.4% | 816M-54.6% | 1.80B-25.9% | 2.43B+282.6% | |
| Income tax | 310M+40.3% | 221M+31.5% | 168M-59.1% | 411M-16.3% | 491M+342.3% | |
| 1.60B+215.4% | 506M-12.9% | 581M-55.9% | 1.32B-31.0% | 1.91B+272.3% | ||
| Net income to non-controlling interest | 146M+69.8% | 86.0M+28.4% | 67.0M-4.3% | 70.0M+141.4% | 29.0M+163.6% | |
| Net income to common | — | — | 581M-55.9% | 1.32B+22.0% | 1.08B+160.6% | |
| $1.83+215.5% | $0.58-14.7% | $0.68-55.8% | $1.54+20.3% | $1.28+137.0% | ||
| EPS (basic) | $1.87+216.9% | $0.59-14.5% | $0.69-55.8% | $1.56+20.0% | $1.30+140.7% | |
| Weighted-avg shares (basic) | 855M+0.2% | 853M+0.6% | 848M+0.6% | 843M+1.8% | 828M+8.8% | |
| Weighted-avg shares (diluted) | 871M+0.2% | 869M+1.2% | 859M+0.2% | 857M+1.5% | 844M+9.3% | |
| Dividends per share | $1.12+0.0% | $1.12+0.0% | $1.12+3.7% | $1.08+12.5% | $0.96+9.1% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 8.94B+11.8% | 7.99B+10.8% | 7.21B-3.2% | 7.45B-2.7% | 7.66B-4.3% | ||
| Cash & equivalents | 1.53B-13.7% | 1.77B-0.6% | 1.78B+6.5% | 1.67B-22.2% | 2.15B-19.6% | |
| Accounts receivable | 2.78B+35.4% | 2.05B+30.6% | 1.57B-8.7% | 1.72B-14.1% | 2.00B-6.0% | |
| Inventory | 3.08B+13.0% | 2.72B+2.2% | 2.67B-8.2% | 2.90B+17.0% | 2.48B+1.8% | |
| Other current assets | 1.55B+7.4% | 1.45B+21.1% | 1.20B+3.3% | 1.16B+12.8% | 1.03B+34.8% | |
| 31.0B+11.7% | 27.7B-2.7% | 28.5B-3.4% | 29.5B-2.2% | 30.2B-2.0% | ||
| Property, plant & equipment | 14.8B+11.0% | 13.4B-8.7% | 14.6B-4.8% | 15.4B-2.7% | 15.8B+0.4% | |
| Operating lease right-of-use | 860M+8.0% | 796M-9.9% | 883M+4.9% | 842M+13.6% | 741M+9.0% | |
| Goodwill | 2.49B+5.3% | 2.36B-0.7% | 2.38B-0.6% | 2.39B-1.1% | 2.42B-1.6% | |
| Intangible assets | 657M-12.6% | 752M-16.9% | 905M-12.1% | 1.03B-10.4% | 1.15B-12.2% | |
| Long-term investments | — | — | — | — | 328M-24.6% | |
| Deferred tax assets | 1.51B+34.1% | 1.13B-2.0% | 1.15B+7.5% | 1.07B+0.7% | 1.07B-4.9% | |
| Other non-current assets | 2.55B+19.4% | 2.14B-3.6% | 2.22B+1.9% | 2.18B+6.0% | 2.06B-3.9% | |
| 5.63B+14.4% | 4.92B+13.9% | 4.32B-16.5% | 5.17B+7.7% | 4.81B+27.6% | ||
| Accounts payable | 1.98B+34.4% | 1.47B+0.4% | 1.47B-18.7% | 1.80B+11.9% | 1.61B+37.3% | |
| Accrued liabilities | 2.85B-8.8% | 3.12B+23.2% | 2.53B-19.5% | 3.15B+0.3% | 3.14B+28.8% | |
| Deferred revenue | 386M+203.9% | 127M-14.2% | 148M+12.1% | 132M-40.8% | 223M+5.7% | |
| Short-term & current debt | 804M+146.6% | 326M+1.9% | 320M+42.9% | 224M+307.3% | 55.0M-64.7% | |
| Current lease liability | 97.0M+2.1% | 95.0M-15.2% | 112M+0.9% | 111M+18.1% | 94.0M+0.0% | |
| Finance lease liability (current) | 84.0M+180.0% | 30.0M | — | — | — | |
| 18.7B+12.0% | 16.7B+0.2% | 16.6B-3.4% | 17.2B-2.2% | 17.6B+1.6% | ||
| Long-term debt | 7.63B+10.8% | 6.88B-4.5% | 7.21B+7.8% | 6.69B-4.3% | 6.99B-10.6% | |
| Deferred revenue (non-current) | 1.88B+91.7% | 983M-9.2% | 1.08B-4.7% | 1.14B+6.1% | 1.07B+0.0% | |
| Non-current lease liability | 846M+7.8% | 785M-7.2% | 846M+6.4% | 795M+15.1% | 691M+0.0% | |
| Operating lease liability (total) | 943M+7.2% | 880M-8.1% | 958M+5.7% | 906M+15.4% | 785M+7.7% | |
| Finance lease liability (total) | 1.23B+608.0% | 174M | — | — | 183M+5.8% | |
| Finance lease liability | 1.15B+697.2% | 144M | — | — | — | |
| Deferred tax liabilities | 149M+8.8% | 137M-37.2% | 218M-10.3% | 243M-5.8% | 258M+0.0% | |
| Other non-current liabilities | 5.10B+12.6% | 4.53B-3.9% | 4.71B-5.0% | 4.96B-4.6% | 5.19B+3.5% | |
| 11.8B+10.5% | 10.7B-7.5% | 11.6B-3.8% | 12.0B-2.6% | 12.3B-7.0% | ||
| Common stock | 924M+0.3% | 921M+0.5% | 916M+0.7% | 910M+0.3% | 907M+5.1% | |
| Additional paid-in capital | 17.6B+1.8% | 17.3B+2.0% | 16.9B+1.5% | 16.7B+1.3% | 16.5B+12.5% | |
| Retained earnings | 16.6B+3.9% | 15.9B-2.8% | 16.4B-2.3% | 16.8B+2.4% | 16.4B+1.7% | |
| Treasury stock | 21.1B+1.2% | 20.9B+1.2% | 20.6B+0.5% | 20.5B+1.3% | 20.3B+1.7% | |
| Accumulated other comprehensive income | -2.10B+17.2% | -2.54B-24.2% | -2.05B-11.9% | -1.83B-55.7% | -1.18B-58.8% | |
| Non-controlling interest | 500M+30.2% | 384M+21.1% | 317M+18.7% | 267M+25.9% | 212M+11.0% | |
| Total equity incl. non-controlling | 12.3B+11.2% | 11.1B-6.7% | 11.9B-3.3% | 12.3B-2.2% | 12.5B-6.7% | |
| Total liabilities & equity | 31.0B+11.7% | 27.7B-2.7% | 28.5B-3.4% | 29.5B-2.2% | 30.2B-2.0% | |
| Common shares issued | 1.80B+0.0% | 1.80B+0.0% | 1.80B+0.0% | 1.80B+0.0% | 1.80B+5.9% | |
| Shares outstanding (cover) | 858M+0.2% | 857M+0.4% | 853M+0.8% | 847M+0.1% | 846M+10.1% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 2.69B+39.0% | 1.94B-3.3% | 2.00B-23.3% | 2.62B-23.4% | 3.41B+56.5% | ||
| Depreciation & amortization | 1.35B-0.2% | 1.35B-1.4% | 1.37B-5.7% | 1.45B-2.0% | 1.48B-2.6% | |
| Intangible amortization | 110M-9.1% | 121M-0.8% | 122M-0.8% | 123M-4.7% | 129M+6.6% | |
| Share-based compensation | 286M+4.8% | 273M+25.2% | 218M+24.6% | 175M-7.9% | 190M-8.2% | |
| Deferred income taxes | -355M-975.8% | -33.0M+56.0% | -75.0M-63.0% | -46.0M-387.5% | 16.0M+180.0% | |
| Change in receivables | 749M+4.5% | 717M+1534.0% | -50.0M+55.8% | -113M-309.3% | 54.0M-80.3% | |
| Change in inventory | 243M+42.1% | 171M+208.9% | -157M-130.1% | 522M+406.8% | 103M+124.3% | |
| -1.24B-67.1% | -744M+25.6% | -1.00B+26.2% | -1.35B+4.5% | -1.42B-8.3% | ||
| Capital expenditure | 1.28B+32.8% | 965M-30.6% | 1.39B-13.3% | 1.60B-2.0% | 1.64B+18.9% | |
| Free cash flow | 1.41B+45.1% | 974M+58.4% | 615M-39.2% | 1.01B-43.0% | 1.77B+121.0% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00+100.0% | |
| Proceeds from sale of PP&E | — | — | 67.0M | — | — | |
| Other investing activities | 20.0M-39.4% | 33.0M+3400.0% | -1.00M-101.9% | 52.0M+533.3% | -12.0M+78.2% | |
| -1.67B-43.6% | -1.16B-31.8% | -883M+46.5% | -1.65B+32.7% | -2.45B-236.4% | ||
| Long-term debt issued | 294M+92.2% | 153M-83.3% | 918M+622.8% | 127M+477.3% | 22.0M | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00-100.0% | 716M+491.7% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 163M-1.2% | 165M | 0.00-100.0% | 221M-19.3% | 274M+161.0% | |
| Dividends paid | 999M+1.3% | 986M-0.3% | 989M+6.1% | 932M+7.0% | 871M+10.7% | |
| Other financing activities | -52.0M-2700.0% | 2.00M+166.7% | -3.00M+86.4% | -22.0M-1200.0% | 2.00M-92.9% | |
| FX effect on cash | 18.0M+142.9% | -42.0M-200.0% | -14.0M+84.1% | -88.0M-35.4% | -65.0M-167.0% | |
| Net change in cash | -202M-1736.4% | -11.0M-110.2% | 108M+122.6% | -477M+9.0% | -524M-320.2% | |
| Interest paid | 311M+0.3% | 310M+13.1% | 274M-0.4% | 275M-4.2% | 287M-3.7% | |
| Income taxes paid | 283M+7.6% | 263M+23.5% | 213M-50.0% | 426M+13.0% | 377M+71.4% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 75.1B+84.6% | 40.7B+56.7% | 26.0B-3.8% | 27.0B-14.2% | 31.5B+13.8% | |
| P/E | 47.1×-41.5% | 80.4×+81.1% | 44.4×+202.3% | 14.7×-11.1% | 16.5×-69.4% | |
| P/S | 4.8×+54.9% | 3.1×+55.3% | 2.0×+7.0% | 1.9×-16.4% | 2.2×-8.6% | |
| P/B | 6.4×+67.0% | 3.8×+67.6% | 2.3×-5.1% | 2.4×-6.2% | 2.6×+22.4% | |
| P/FCF | 53.2×+27.2% | 41.8×-36.5% | 65.8×+191.4% | 22.6×+27.2% | 17.7×-48.5% | |
| Earnings yield | 2.1%+70.9% | 1.2%-44.8% | 2.3%-66.9% | 6.8%+12.5% | 6.1%+227.0% | |
| FCF yield | 1.9%-21.4% | 2.4%+57.4% | 1.5%-65.7% | 4.4%-21.4% | 5.6%+94.2% | |
| Dividend yield | 1.3%-45.7% | 2.4%-35.9% | 3.7%+8.8% | 3.4%+31.1% | 2.6%+5.5% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: GLW’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all GLW filings on SEC EDGAR → Not investment advice.