Corning Optical Communications — Income Tax Expense (Benefit) increased by 89.7% to $110.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 89.7%, from $58.00M to $110.00M. Over 2 years (FY 2021 to FY 2023), Optical Communications — Income Tax Expense (Benefit) shows an upward trend with a -7.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Changes relative to pre-tax income can signal shifts in the effective tax rate or geographic profitability.
This represents the portion of the total corporate income tax expense allocated to the Optical Communications segment ba...
Standard tax allocation metric for segments within a consolidated corporate tax structure.
glw_segment_optical_communications_income_tax_expense_benefit| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$64.00M | -$38.00M | -$19.00M | -$45.00M | -$51.00M | -$50.00M | -$34.00M | -$43.00M | -$38.00M | -$24.00M | -$25.00M | -$28.00M | -$41.00M | -$49.00M | $58.00M | $110.00M |
| QoQ Change | — | +40.6% | +50.0% | -136.8% | -13.3% | +2.0% | +32.0% | -26.5% | +11.6% | +36.8% | -4.2% | -12.0% | -46.4% | -19.5% | +218.4% | +89.7% |
| YoY Change | — | — | — | — | +20.3% | -31.6% | -78.9% | +4.4% | +25.5% | +52.0% | +26.5% | +34.9% | -7.9% | -104.2% | +307.1% | +89.7% |