What is Corning's capex?

Corning (GLW) reported capex of $332M in Q1 2026.

How has Corning's capex changed year-over-year?

Corning's capex increased by 59.6% year-over-year, from $208M to $332M.

What is the long-term trend for Corning's capex?

Over 4 years (2021 to 2025), Corning's capex has grown at a -5.9% compound annual growth rate (CAGR), from $1.64B to $1.28B.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Corning GLW CapEx

Discontinued — last reported Q1 '26

CapEx at other companies

Thermo Fisher ScientificTMO

$376M+3.9%

DanaherDHR

$237M-3.3%

Chemung FinancialCHMG

$133K-59.5%

ClearfieldCLFD

$1.02M-23.0%

AmphenolAPH

$291.6M+54.6%

BeldenBDC

$44.39M+37.9%

Other financials

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%

Free cash flow$30.0M+153%

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

See full

Return on equity16.1%+11.9pp

Debt / equity0×-0.7×

Current ratio1.6×-0.1×

Where this comes from

Reported directly by Corning in its filing.

Tagged under the XBRL concept us-gaap:PaymentsForCapitalImprovements.

The official record: Corning’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Corning's capex?: Corning (GLW) reported capex of $332M in Q1 2026.
How has Corning's capex changed year-over-year?: Corning's capex increased by 59.6% year-over-year, from $208M to $332M.
What is the long-term trend for Corning's capex?: Over 4 years (2021 to 2025), Corning's capex has grown at a -5.9% compound annual growth rate (CAGR), from $1.64B to $1.28B.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.