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Corning GLW Optical Communications — Depreciation
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Where this comes from
Reported directly by Corning in its filing.
Tagged under the XBRL concept us-gaap:Depreciation.
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 |
|---|---|---|---|---|---|---|---|
| Segment net sales | $2,072 | $1,463 | $471 | $438 | $4,444 | $294 | $4,738 |
| Less: | |||||||
| Research, development and engineering expenses (1) | 92 | 92 | 36 | 3 | 223 | 27 | 250 |
| Depreciation (2) | 77 | 150 | 39 | 77 | 343 | 23 | 366 |
| 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 |
Item 1. Financial Statements
FAQ
- What is Corning's optical communications — depreciation?
- Corning (GLW) reported optical communications — depreciation of $77M in Q2 2026.
- How has Corning's optical communications — depreciation changed year-over-year?
- Corning's optical communications — depreciation increased by 11.6% year-over-year, from $69M to $77M.
- What is the long-term trend for Corning's optical communications — depreciation?
- Over 2 years (2021 to 2023), Corning's optical communications — depreciation has grown at a 8.4% compound annual growth rate (CAGR), from $224M to $263M.
- What does optical communications — depreciation mean?
- This represents the systematic allocation of the cost of tangible assets, such as manufacturing machinery and fiber production facilities, over their useful lives within the Optical Communications segment. It is a non-cash expense that reflects the wear and tear of the segment's capital base. It is a key component in calculating the segment's operating cash flow and capital intensity.
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