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Corning GLW Life Sciences and Emerging Growth Businesses — Other segment items

Other segment segments

Optical Communications
$1.34B+21.4%
Glass Innovations
$774M-2.6%
Solar
$363M+85.2%
Automotive
$292M+2.8%

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$66M-1.5%
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-$1.17M-589%
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BRTotal Reportable Segments — Other segment items
$121.4M+7.5%

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 us-gaap:SegmentReportingOtherItemAmount.

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
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
Three months ended June 30, 2025

Item 1. Financial Statements

FAQ

What is Corning's life sciences and emerging growth businesses — other segment items?
Corning (GLW) reported life sciences and emerging growth businesses — other segment items of $271M in Q2 2026.
What does life sciences and emerging growth businesses — other segment items mean?
This metric captures miscellaneous income or expense items specific to the Life Sciences and Emerging Growth segment that do not fit into standard operating categories. It may include restructuring costs, asset impairments, or unique gains/losses related to segment operations. It provides visibility into non-recurring or peripheral financial impacts on the segment's performance.

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