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Discontinued — last reported Q2 '26

EBIT at other companies

Thermo Fisher Scientific logo
Thermo Fisher ScientificTMO
$2.09B
Danaher logo
DanaherDHR
$1.13B+48.3%
Clearfield logo
ClearfieldCLFD
-$2.07M-223%
Amphenol logo
AmphenolAPH
$2.58B+82.2%
Belden logo
BeldenBDC
$77.96M+7.3%
Optical Cable logo
Optical CableOCC
$1.3M+404%

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$118.84B+119%
Enterprise value$124.85B+106%
P/E62.6×-1.7×
P/S+3.2×

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

Calculated from Corning’s reported figures.

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

Filed
Jul 29, 2026, 12:22 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000024741-26-000255

FAQ

What is Corning's EBIT?
Corning (GLW) reported EBIT of $698M in Q2 2026.
How has Corning's EBIT changed year-over-year?
Corning's EBIT increased by 21.8% year-over-year, from $573M to $698M.
What is the long-term trend for Corning's EBIT?
Over 3 years (2022 to 2025), Corning's EBIT has grown at a 16.6% compound annual growth rate (CAGR), from $1.44B to $2.28B.
What does EBIT mean?
Earnings before interest and taxes — the profit from the business before financing cost and tax. Uses reported operating income where a company reports it; otherwise pre-tax income plus interest expense. Lets companies be compared on earning power independent of capital structure.

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