What is Corning's deferred taxes?

Corning (GLW) reported deferred taxes of -$62M in Q1 2026.

How has Corning's deferred taxes changed year-over-year?

Corning's deferred taxes decreased by 24.0% year-over-year, from -$50M to -$62M.

What does deferred taxes mean?

Non-cash deferred tax expense or benefit representing the change in deferred tax assets/liabilities during the period.

Corning GLW Deferred Taxes

Deferred Taxes at other companies

Thermo Fisher ScientificTMO

-$258M+7.5%

DanaherDHR

$110M-8.9%

Chemung FinancialCHMG

-$668.25K-338%

ClearfieldCLFD

-$161K-204%

AmphenolAPH

$165.6M+1,291%

BeldenBDC

$11.74M+15.8%

Segments

By segment

See full

Optical Communications$110M+89.7%

Glass Innovations$85M+1.2%

Automotive$18M0.0%

Life Sciences and Emerging Growth Businesses-$7M+22.2%

Solar$6M-45.5%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$362.0M+140%

CapEx$332.0M+59.6%

Free cash flow$30.0M+153%

Valuation

See full

Market cap$219.83B+282%

Enterprise value$218.33B+233%

P/E121.5×+51.3×

P/S13.5×+9.4×

Profitability

See full

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:DeferredIncomeTaxExpenseBenefit.

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 deferred taxes?: Corning (GLW) reported deferred taxes of -$62M in Q1 2026.
How has Corning's deferred taxes changed year-over-year?: Corning's deferred taxes decreased by 24.0% year-over-year, from -$50M to -$62M.
What does deferred taxes mean?: Non-cash deferred tax expense or benefit representing the change in deferred tax assets/liabilities during the period.