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Business Segments · Income Tax Expense (Benefit)

Optical Communications — Income Tax Expense (Benefit)

Corning Optical Communications — Income Tax Expense (Benefit) increased by 89.7% to $110M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 89.7%, from $58M to $110M. Over 2 years (FY 2021 to FY 2023), Optical Communications — Income Tax Expense (Benefit) shows an upward trend with a -9.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2020
Last reportedQ1 2026May 1, 2026
Rolls up toIncome Tax

How to read this metric

Changes relative to pre-tax income can signal shifts in the effective tax rate or geographic profitability.

Detailed definition

This represents the portion of the total corporate income tax expense allocated to the Optical Communications segment ba...

Peer comparison

Standard tax allocation metric for segments within a consolidated corporate tax structure.

Metric ID: glw_segment_optical_communications_income_tax_expense_benefit

Historical Data

16 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q1 '25Q1 '26
Value-$64M-$38M$0-$45M-$51M-$50M-$34M-$43M-$38M-$24M-$25M-$28M-$41M-$49M$58M$110M
QoQ Change+40.6%+100.0%-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%+4.4%+25.5%+52.0%+26.5%+34.9%-7.9%-104.2%+307.1%+89.7%
Range-$64M$110M
CAGR+15.5%
Avg YoY Growth+37.9%
Median YoY Growth+25.5%
Current Streak2 quarters growth

Frequently Asked Questions

What is Corning's optical communications — income tax expense (benefit)?
Corning (GLW) reported optical communications — income tax expense (benefit) of $110M in Q1 2026.
How has Corning's optical communications — income tax expense (benefit) changed year-over-year?
Corning's optical communications — income tax expense (benefit) increased by 89.7% year-over-year, from $58M to $110M.
What is the long-term trend for Corning's optical communications — income tax expense (benefit)?
Over 2 years (2021 to 2023), Corning's optical communications — income tax expense (benefit) has grown at a -9.3% compound annual growth rate (CAGR), from -$158M to -$130M.
What does optical communications — income tax expense (benefit) mean?
The amount of income tax expense attributed to the optical communications segment.