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Corning GLW Life Sciences products — Net Sales

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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
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 us-gaap:Revenues.

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
Line itemThree months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Optical communications products$2,072$1,566$3,918$2,921
Electronics glass and advanced optics products1,2301,2672,4452,466
Automotive products474457915883
Polycrystalline silicon and solar products438231808437
Life Sciences products249246477474
All other products429586133
Total revenue$4,505$3,862$8,649$7,314

Item 1. Financial Statements

FAQ

What is Corning's life sciences products — net sales?
Corning (GLW) reported life sciences products — net sales of $249M in Q2 2026.
How has Corning's life sciences products — net sales changed year-over-year?
Corning's life sciences products — net sales increased by 1.2% year-over-year, from $246M to $249M.
What is the long-term trend for Corning's life sciences products — net sales?
Over 2 years (2021 to 2023), Corning's life sciences products — net sales has grown at a -13.5% compound annual growth rate (CAGR), from $1.23B to $922M.
What does life sciences products — net sales mean?
This metric represents the total revenue generated from the sale of goods and services within the Life Science Products business segment. It reflects the market demand for specialized laboratory consumables, equipment, and related materials used in pharmaceutical and biotechnology research. This figure is a key indicator of the segment's ability to monetize its portfolio of scientific solutions and maintain its competitive position in the life sciences supply chain.

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