Corning Automotive — Depreciation decreased by 2.4% to $40.00M in Q1 2026 compared to the prior quarter.
An increase typically reflects a larger asset base or recent capital investments, while a decrease may indicate aging equipment or reduced production capacity.
This metric represents the systematic allocation of the cost of tangible assets used in the automotive segment over thei...
Comparable to depreciation expenses for manufacturing-heavy segments in industrial peer companies.
glw_segment_automotive_depreciation| Q1 '25 | Q1 '26 | |
|---|---|---|
| Value | $41.00M | $40.00M |
| QoQ Change | — | -2.4% |
| YoY Change | — | -2.4% |