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Corning

GLW

Corning is a leading materials science company specializing in glass science, ceramic science, and optical physics.

Market cap
$158.38B+249%
Revenue$16.3B+20.1%
Net income$1.8B+299%
Free cash flow$1.5B+39.8%
EPS (diluted)$2.09+310%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 28, 2026 (In 2 weeks)
Revenue estimate$4.6B
EPS estimate$0.76

Financials

Q1 2026

Income statement

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Revenue$4.1B+20.0%
Gross profit$1.5B+25.9%
Operating income$639.0M+43.6%
Net income$371.0M+136%
EPS (diluted)$0.43+139%

Balance sheet

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Cash & equivalents$1.8B+29.1%
Total debt$248.0M-96.6%
Total equity$11.8B+10.2%
Total assets$31.3B+14.1%

Cash flow

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Operating cash flow$362.0M+140%
CapEx$332.0M+59.6%
Free cash flow$30.0M+153%

Valuation & ratios

Valuation

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Market cap$158.38B+249%
Enterprise value$156.88B+204%
P/E87.5×+32.0×
P/S9.7×+6.5×

Profitability

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Gross margin36.4%+3.3pp
Operating margin15.2%+5.4pp
Net margin11.1%+7.8pp
FCF margin9.2%+1.3pp

Returns & leverage

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Return on equity16.1%+11.9pp
Debt / equity-0.7×
Current ratio1.6×-0.1×

Segments

By product

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Optical communications products$1.8B+36.2%
Electronics glass and advanced optics products$1.2B+1.3%
Automotive products$441.0M+3.5%
Polycrystalline silicon and solar products$370.0M+79.6%
Life Science Products$228.0M0.0%

Competitors

Profile

Corning is a leading materials science company specializing in glass science, ceramic science, and optical physics. The company leverages deep manufacturing and engineering expertise to develop category-defining products for high-growth industries including telecommunications, display technology, mobile electronics, and life sciences.

Competitive position

A global leader in glass and ceramic science with a dominant position in display substrates and optical fiber, protected by a massive portfolio of over 11,000 patents.

GeographiesUnited States, China, South Korea, Taiwan, Poland, Germany, France, Mexico, Brazil, India
Customer segmentsEnterprise, Industrial, Healthcare, Telecommunications
Business modelManufacturing, IP Licensing, B2B Hardware
SuppliersPrecious metals, Polymers, Industrial water, Energy sources, Raw minerals (lithium, helium)
CustomersConsumer electronics manufacturers, Telecommunications service providers, Automotive manufacturers, Pharmaceutical and biotech researchers
Listed1945
Employees49.8K
CEOWendell Weeks
FilingsSEC EDGAR

Questions, answered.

What is Corning's market cap?
Corning (GLW) has a market capitalization of $158.38B and trades on NYSE.
What is Corning's revenue and profitability?
Corning generated $16.3B in trailing twelve-month revenue with net income of $1.8B, representing a net margin of 11.1%. Gross margin stands at 36.4%, with free cash flow of $1.5B. These figures are based on the Q1 2026 filing.
Who are Corning's competitors?
Corning's key competitors include Thermo Fisher Scientific, Danaher Corporation, Amphenol, and others. These companies compete in similar markets and product categories.
Who does Corning partner with?
Corning's notable partners include Apple.
What subsidiaries does Corning have?
Corning's subsidiaries include Hemlock Semiconductor Group.
Where is Corning headquartered?
Corning is headquartered in United States of America and employs approximately 49,800 people. It has been publicly traded since 1945.