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Corning GLW Intangible Amortization

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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:AmortizationOfIntangibleAssets.

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 itemThree months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Operating expenses:
Selling, general and administrative expenses6085151,196986
Research, development and engineering expenses299276577546
Amortization of purchased intangibles23284656
Operating income6985731,3371,018
Interest income1252117
Interest expense(94)(83)(186)(165)
Translated earnings contract gain, net (Note 9)901317430

Item 1. Financial Statements

FAQ

What is Corning's intangible amortization?
Corning (GLW) reported intangible amortization of $23M in Q2 2026.
How has Corning's intangible amortization changed year-over-year?
Corning's intangible amortization decreased by 17.9% year-over-year, from $28M to $23M.
What is the long-term trend for Corning's intangible amortization?
Over 4 years (2021 to 2025), Corning's intangible amortization has grown at a -3.9% compound annual growth rate (CAGR), from $129M to $110M.
What does intangible amortization mean?
Non-cash amortization of intangible assets (patents, customer relationships, technology) acquired through M&A or purchases.

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