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Corning GLW Accrued Expenses

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Other financials

Income statement

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Revenue$4.5B+16.6%
Gross profit$1.6B+17.0%
Operating income$698.0M+21.8%
Net income$559.0M+19.2%
EPS (diluted)$0.64+18.5%

Balance sheet

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Cash & equivalents$2.5B+67.9%
Total debt$8.5B+12.0%
Total equity$12.6B+13.0%
Total assets$33.0B+14.6%

Cash flow

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Operating cash flow$1.7B+143%
CapEx$422.0M+37.0%
Free cash flow$1.3B+224%

Valuation

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Market cap$134.98B+146%
Enterprise value$140.99B+131%
P/E71×+6.3×
P/S+4.1×

Profitability

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Gross margin36.4%+1.6pp
Operating margin15.3%+3.3pp
Net margin11.2%+5.2pp
FCF margin14.1%+5.7pp

Returns & leverage

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Return on equity16.1%+8.2pp
Debt / equity0.7×0.0×
Current ratio1.8×+0.3×

Where this comes from

Reported directly by Corning in its filing.

Tagged under the XBRL concept us-gaap:AccruedLiabilitiesCurrent.

The source filing: Corning’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 12:22 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000024741-26-000255
Line itemJune 30,2026December 31,2025
Current liabilities:
Current portion of long-term debt and short-term borrowings (Note 6)$668$804
Accounts payable2,3611,979
Other accrued liabilities (Notes 5 and 8)2,9922,845
Total current liabilities6,0215,628
Long-term debt (Note 6)7,7567,630
Postretirement benefits other than pensions (Note 7)325314
Other liabilities (Notes 5 and 8)5,7275,097

Item 1. Financial Statements

FAQ

What is Corning's accrued expenses?
Corning (GLW) reported accrued expenses of $2.99B in Q2 2026.
How has Corning's accrued expenses changed year-over-year?
Corning's accrued expenses increased by 8.5% year-over-year, from $2.76B to $2.99B.
What is the long-term trend for Corning's accrued expenses?
Over 5 years (2020 to 2025), Corning's accrued expenses has grown at a 23.9% compound annual growth rate (CAGR), from $973M to $2.85B.
What does accrued expenses mean?
Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

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