Corning (GLW) Life Sciences and Emerging Growth Businesses — CapEx — Quarterly & Annual

Screener

Other segment segments

Optical Communications

$180M+107%

Glass Innovations

$123M+11.8%

Solar

$92M+9.5%

Automotive

$16M-46.7%

Similar metrics at other companies

HWK

HWKNFood & Health Sciences — CapEx

$1.7M-43.7%

CPKOther businesses and eliminations — CapEx

$17.4M+2,386%

APLDHPC Hosting Business — CapEx

$747.18M+206%

APLDData Center Hosting Business — CapEx

-$308.5K-113%

CTASFirst Aid and Safety Services — CapEx

$10.32M-41.8%

LZBCorporate and Other — CapEx

$609K-71.7%

Other financials

Income statement

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

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

Operating cash flow$1.7B+143%

CapEx$422.0M+37.0%

Free cash flow$1.3B+224%

Valuation

Market cap$134.98B+146%

Enterprise value$140.99B+131%

P/E71×+6.3×

P/S8×+4.1×

Profitability

Gross margin36.4%+1.6pp

Operating margin15.3%+3.3pp

Net margin11.2%+5.2pp

FCF margin14.1%+5.7pp

Returns & leverage

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:SegmentExpenditureAdditionToLongLivedAssets.

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, 2026	Optical Communications	Glass Innovations	Automotive	Solar	Total Reportable Segments	Life Sciences and Emerging Growth Businesses	Total
Other segment items (3)	1,338	774	292	363	2,767	271	3,038
Income tax provision (benefit) (4)	127	93	22	2	244	(6)	238
Segment net income (loss)	$438	$354	$82	$(7)	$867	$(21)	$846
Capital expenditures	$180	$123	$16	$92	$411	$9	$420
Three months ended June 30, 2025
Segment net sales	$1,566	$1,443	$460	$231	$3,700	$345	$4,045
Less:
Research, development and engineering expenses (1)	76	92	35	4	207	26	233

Item 1. Financial Statements

FAQ

What is Corning's life sciences and emerging growth businesses — capex?: Corning (GLW) reported life sciences and emerging growth businesses — capex of $9M in Q2 2026.
What does life sciences and emerging growth businesses — capex mean?: This metric tracks the cash spent by the Life Sciences and Emerging Growth segment to acquire, upgrade, or maintain physical assets such as manufacturing plants and laboratory equipment. It reflects the segment's investment in future capacity and technological capabilities. High capital expenditure is typically required to support growth and maintain competitive advantage.

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