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Corning GLW Life Sciences and Emerging Growth Businesses — Segment assets

Other segment segments

Glass Innovations
$9.24B
Optical Communications
$4.74B
Solar
$3.03B
Automotive
$2.34B

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CDEKensington — Total assets for reportable segments
$263.87M+7.1%
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CDEPalmarejo — Total assets for reportable segments
$312.93M+1.4%
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CDERochester — Total assets for reportable segments
$1.35B+7.8%
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CDESilvertip — Total assets for reportable segments
$230.04M+3.8%
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CDEWharf — Total assets for reportable segments
$168.97M+35.2%
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CDERainy River — Total assets for reportable segments
$3.71B

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:AssetsNet.

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
June 30, 2026Optical CommunicationsGlass InnovationsAutomotiveSolarTotal Reportable SegmentsLife Sciences and Emerging Growth BusinessesTotal
Investment in affiliated companies$5$112$117$156$273
Segment assets (1)$4,737$9,240$2,335$3,029$19,341$1,424$20,765
December 31, 2025
Investment in affiliated companies$5$114$119$183$302
Segment assets (1)$4,029$9,236$2,395$2,734$18,394$1,470$19,864

Item 1. Financial Statements

FAQ

What is Corning's life sciences and emerging growth businesses — segment assets?
Corning (GLW) reported life sciences and emerging growth businesses — segment assets of $1.42B in Q2 2026.
What does life sciences and emerging growth businesses — segment assets mean?
This metric measures the total value of assets directly attributable to the Life Sciences and Emerging Growth segment, including inventory, property, plant, and equipment. It provides a view of the capital base required to support the segment's operations. Analyzing this helps determine the asset turnover and efficiency of the segment.

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