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Corning GLW Life Science Products — Net Sales

Other product segments

Optical communications products
$1.85B+36.2%
Electronics glass and advanced optics products
$1.22B+1.3%
Automotive products
$441M+3.5%
Polycrystalline silicon and solar products
$370M+79.6%

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STELife Sciences: — Cost of Revenue
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STELife Science Member — Cost of Revenue
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STELife Science Member — Selling, general, and administrative
$16M+8.1%

Other financials

Income statement

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Revenue$4.1B+20.1%
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%
Free cash flow$30.0M+153%

Valuation

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Market cap$150.96B+198%
Enterprise value$149.45B+155%
P/E83.4×-28.3×
P/S9.3×+5.5×

Profitability

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Gross margin36.4%+3.3pp
Operating margin15.2%+5.4pp
Net margin11.1%+7.8pp

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

Reported directly by Corning in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

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 life science products — net sales?
Corning (GLW) reported life science products — net sales of $228M in Q1 2026.
How has Corning's life science products — net sales changed year-over-year?
Corning's life science products — net sales decreased by 0.0% year-over-year, from $228M to $228M.
What is the long-term trend for Corning's life science products — net sales?
Over 2 years (2021 to 2023), Corning's life science products — net sales has grown at a -13.5% compound annual growth rate (CAGR), from $1.23B to $922M.
What does life science products — net sales mean?
The total revenue earned from selling products and services specifically for the life sciences industry.
How do you interpret life science products — net sales?
An increase indicates growing demand for the company's laboratory products or successful expansion into new research markets, while a decrease may signal market saturation, increased competition, or reduced R&D spending by customers.
How does life science products — net sales compare across companies?
Comparable to revenue metrics for life science tools and laboratory supply segments at diversified industrial or healthcare technology peers.