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Corning GLW Free cash flow

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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%
CapEx$332.0M+59.6%

Valuation

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Market cap$196.23B+354%
Enterprise value$194.73B+296%
P/E108.4×+13.3×
P/S12×+8.8×

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

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Return on equity16.1%+11.9pp
Debt / equity-0.7×
Current ratio1.6×-0.1×

Where this comes from

Calculated from Corning’s reported figures.

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 free cash flow?
Corning (GLW) reported free cash flow of $30M in Q1 2026.
How has Corning's free cash flow changed year-over-year?
Corning's free cash flow increased by 152.6% year-over-year, from -$57M to $30M.
What is the long-term trend for Corning's free cash flow?
Over 4 years (2021 to 2025), Corning's free cash flow has grown at a -5.5% compound annual growth rate (CAGR), from $1.78B to $1.41B.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.