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Corning GLW Glass Innovations — Research, development and engineering expenses

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$92M+21.1%
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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$134.98B+146%
Enterprise value$140.99B+131%
P/E71×+6.3×
P/S+4.1×

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

Reported directly by Corning in its filing.

Tagged under the XBRL concept glw:ResearchDevelopmentAndEngineeringExpenses.

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

Filed
Jul 29, 2026, 12:22 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000024741-26-000255
Three months ended June 30, 2026Optical CommunicationsGlass InnovationsAutomotiveSolarTotal Reportable SegmentsLife Sciences and Emerging Growth BusinessesTotal
Segment net sales$2,072$1,463$471$438$4,444$294$4,738
Less:
Research, development and engineering expenses (1)929236322327250
Depreciation (2)77150397734323366
Other segment items (3)1,3387742923632,7672713,038
Income tax provision (benefit) (4)12793222244(6)238
Segment net income (loss)$438$354$82$(7)$867$(21)$846
Capital expenditures$180$123$16$92$411$9$420

Item 1. Financial Statements

FAQ

What is Corning's glass innovations — research, development and engineering expenses?
Corning (GLW) reported glass innovations — research, development and engineering expenses of $92M in Q2 2026.
What does glass innovations — research, development and engineering expenses mean?
This metric tracks the costs incurred by the Glass Innovations segment for research, development, and engineering activities. It captures the investment required to maintain a competitive edge through technological advancement and new product development.

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