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Corning GLW Free cash flow margin

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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$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

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.

Based on trailing twelve months.

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 free cash flow margin?
Corning (GLW) reported free cash flow margin of 14.1% in Q2 2026.
How has Corning's free cash flow margin changed year-over-year?
Corning's free cash flow margin increased by 68.0% year-over-year, from 8.4% to 14.1%.
What is the long-term trend for Corning's free cash flow margin?
Over 4 years (2020 to 2025), Corning's free cash flow margin has grown at a 6.2% compound annual growth rate (CAGR), from 7.1% to 9%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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