Income StatementBalance SheetCash FlowSegments
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Corning Cash Flow Statement

Operating, investing, and financing cash movements

Corning generated $2.9B in operating cash flow over the trailing twelve months. After $1.4B in capital expenditures, free cash flow was $1.5B. Free cash flow increased 0.4% year-over-year. Based on the Q1 2026 filing.

Net Cash From Operating (TTM)$2.9BNet Cash From Investing (TTM)-$1.3BNet Cash From Financing (TTM)-$1.2BCapital Expenditures (TTM)$1.4BDepreciation And Amortization Cf (TTM)$1.2BNet Change In Cash (TTM)-$691.0M
Latest FilingQ1 2026
Report Date2026-05-01
Market Cap$167.01B
P/E Ratio92.27
ROE16.07%

Financing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Proceeds from derivative instruments, financing$66.0M$24.0M————
Finance Lease, Principal Payments$7.5M$86.5M$86.5M$86.5M$86.5M—
Payments of Ordinary Dividends$249.0M$242.0M$261.0M$241.0M$255.0M$244.0M
Proceeds from issuances of debt$38.3M———$9.0M$427.0M
Other, net$22.0M-$20.0M-$12.0M-$24.0M$0.0-$62.0M
Repayments of Debt$13.0M$47.0M$232.0M$3.0M$16.0M$13.0M
Finance lease prepayments$7.5M$86.5M$86.5M$86.5M$86.5M—
Payment of Deferred Purchase Consideration$22.0M-$20.0M-$12.0M-$24.0M$0.0-$62.0M
Noncontrolling interest transactions and other$22.0M-$20.0M-$12.0M-$24.0M$0.0-$62.0M
Proceeds from Derivative Financing Activities$66.0M$24.0M————
Net cash from financing activities-$220.0M-$403.0M-$293.0M-$324.0M-$652.0M$59.0M
Noncontrolling Interests Activity and Other$22.0M-$20.0M-$12.0M-$24.0M$0.0-$62.0M
Proceeds from issuance of common stock$19.0M$11.0M$1.0M$19.0M$10.0M$14.0M
Repurchases of common stock$30.0M$100.0M$33.0M$25.0M$5.0M—
Taxes paid for net share settlement$5.0M$29.0M$41.0M$17.0M$11.0M$63.0M

Investing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Payments to acquire interest in subsidiaries and affiliates$1.8M$33.5M$33.5M$33.5M$33.5M—
Payments for Hedge, Investing Activities$24.5M$30.5M$30.5M$30.5M$30.5M—
Proceeds from Derivative Instrument Investing Activities$40.0M$56.0M$51.0M$85.0M$112.0M$150.0M
Payments for Capital Improvements$254.0M$208.0M$308.0M$334.0M$432.0M$332.0M
Payment for (Proceeds from) Other Investing Activity—$13.0M$44.0M$50.0M—$29.0M
Net cash from investing activities-$207.0M-$165.0M-$301.0M-$299.0M-$478.0M-$203.0M
Investing Cash Flows from Derivatives$40.0M$56.0M$51.0M$85.0M$112.0M$150.0M

Operating

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Change in accounts payable$204.0M-$253.0M$194.0M$450.0M$193.0M-$80.0M
Change in accounts receivable$224.0M-$10.0M$213.0M$226.0M$320.0M-$12.0M
Change in inventories$37.0M$146.0M$92.0M$28.0M$0.0$232.0M
Other working capital changes-$157.0M$37.0M-$61.0M-$95.0M-$155.0M-$99.0M
Deferred income taxes—-$50.0M$0.0-$110.0M-$206.0M-$62.0M
Change in Customer Deposits and Government Incentives-$54.0M-$16.0M$59.0M-$92.0M$317.0M-$171.0M
Net cash from operating activities$623.0M$151.0M$708.0M$784.0M$1.1B$362.0M
Net income$340.0M$185.0M$500.0M$470.0M$587.0M$408.0M
Amortization of capitalized software and acquired intangible assets$30.0M$28.0M$28.0M$27.0M$27.0M$23.0M
Depreciation$305.0M$291.0M$312.0M$310.0M$324.0M$334.0M
Deferred revenue-$50.0M-$29.0M———-$38.0M
Increase (Decrease) in Other Current Assets—$30.0M$75.0M$151.0M$6.0M$56.0M
Payment for Pension Benefits$2.3M$17.0M$17.0M$17.0M$17.0M—
Translated earnings contract loss, net—-$101.0M———-$16.0M
Translation (Gain) Loss On Foreign Denominated Debt—-$43.0M———$6.0M
Pension and postretirement benefit expense$2.3M$17.0M$17.0M$17.0M$17.0M—
Stock-based compensation$71.0M$54.0M$63.0M$99.0M$70.0M$115.0M

Free Cash Flow

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Free cash flow$369.0M-$57.0M$400.0M$450.0M$620.0M$30.0M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Effect of exchange rate changes on cash-$41.0M$8.0M$18.0M——-$5.0M
Net increase (decrease) in cash—-$409.0M——-$82.0M$213.0M