Income StatementBalance SheetCash FlowSegments
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Corning Business Segments

Business, geographic, and product segment breakdowns

Corning generates $16.3B in annual revenue across 4 key segments: Automotive ($437.0M), Glass Innovations ($1.4B), Life Sciences and Emerging Growth Businesses ($272.0M), and Optical Communications ($1.8B). The company-wide operating margin is 15.15%. Based on the Q1 2026 filing.

Automotive$437.0MGlass Innovations$1.4BLife Sciences and Emerging Growth Businesses$272.0MOptical Communications$1.8BSolar$370.0M
Latest FilingQ1 2026
Report Date2026-05-01
Market Cap$167.01B
P/E Ratio92.27
ROE16.07%

Products & Services

Net Sales

SegmentQ1 '24Q2 '24Q3 '24Q1 '25Q4 '25Q1 '26
Optical communications products———$1.4B—$1.8B
Electronics glass and advanced optics products———$1.2B—$1.2B
Automotive products———$426.0M—$441.0M
Polycrystalline silicon and solar products———$206.0M—$370.0M
Life Science Products$225.0M$237.0M$235.0M$228.0M—$228.0M

Business Segments

CapEx

SegmentQ1 '24Q2 '24Q3 '24Q1 '25Q4 '25Q1 '26
Glass Innovations———$77.0M—$150.0M
Optical Communications———$97.0M—$148.0M
Solar———$45.0M—$26.0M
Automotive———$12.0M—$15.0M
Life Sciences and Emerging Growth Businesses———$8.0M—$5.0M

Depreciation

SegmentQ1 '24Q2 '24Q3 '24Q1 '25Q4 '25Q1 '26
Glass Innovations———$137.0M—$150.0M
Optical Communications$66.0M$66.0M$69.0M$65.0M—$72.0M
Solar———$17.0M—$44.0M
Automotive———$41.0M—$40.0M
Life Sciences and Emerging Growth Businesses———$29.0M—$26.0M

Income Tax Expense (Benefit)

SegmentQ1 '24Q2 '24Q3 '24Q1 '25Q4 '25Q1 '26
Optical Communications-$28.0M-$41.0M-$49.0M$58.0M—$110.0M
Glass Innovations———$84.0M—$85.0M
Automotive———$18.0M—$18.0M
Life Sciences and Emerging Growth Businesses———-$9.0M—-$7.0M
Solar———$11.0M—$6.0M

Investment in affiliated companies

SegmentQ1 '24Q2 '24Q3 '24Q1 '25Q4 '25Q1 '26
Life Sciences and Emerging Growth Businesses————$183.0M$168.0M
Glass Innovations————$114.0M$111.0M
Optical Communications————$5.0M$5.0M
Automotive————$0.0$0.0
Solar————$0.0$0.0

Net income attributable to Corning Incorporated

SegmentQ1 '24Q2 '24Q3 '24Q1 '25Q4 '25Q1 '26
Optical Communications$100.0M$143.0M$175.0M$201.0M—$387.0M
Glass Innovations———$317.0M—$324.0M
Automotive———$68.0M—$70.0M
Life Sciences and Emerging Growth Businesses———-$30.0M—-$24.0M
Solar———$27.0M—$7.0M

Other segment items

SegmentQ1 '24Q2 '24Q3 '24Q1 '25Q4 '25Q1 '26
Optical Communications———$954.0M—$1.2B
Glass Innovations———$776.0M—$777.0M
Solar———$149.0M—$311.0M
Automotive———$278.0M—$273.0M
Life Sciences and Emerging Growth Businesses———$252.0M—$249.0M

Research, development and engineering expenses

SegmentQ1 '24Q2 '24Q3 '24Q1 '25Q4 '25Q1 '26
Optical Communications$65.0M$66.0M$71.0M$77.0M—$85.0M
Glass Innovations———$92.0M—$84.0M
Automotive———$35.0M—$36.0M
Life Sciences and Emerging Growth Businesses———$30.0M—$28.0M
Solar———$2.0M—$2.0M

Segment assets

SegmentQ1 '24Q2 '24Q3 '24Q1 '25Q4 '25Q1 '26
Glass Innovations————$9.2B$9.1B
Optical Communications————$4.0B$4.3B
Solar————$2.7B$3.0B
Automotive————$2.4B$2.4B
Life Sciences and Emerging Growth Businesses————$1.5B$1.4B

Segment net sales

SegmentQ1 '24Q2 '24Q3 '24Q1 '25Q4 '25Q1 '26
Optical Communications———$1.4B—$1.8B
Glass Innovations———$1.4B—$1.4B
Automotive———$440.0M—$437.0M
Solar———$206.0M—$370.0M
Life Sciences and Emerging Growth Businesses———$272.0M—$272.0M