What does optical communications — other segment items mean?

This metric captures miscellaneous financial adjustments, non-recurring charges, or specific operational costs unique to the optical communications segment that are not classified under standard operating expenses. It often includes items like restructuring costs, specific asset impairments, or unique segment-level overhead allocations. Investors use this to understand the underlying operational efficiency by isolating non-core or irregular financial impacts.

Corning (GLW) Optical Communications — Other segment items

Screener

Other segment segments

Glass Innovations

$774M-2.6%

Solar

$363M+85.2%

Automotive

$292M+2.8%

Life Sciences and Emerging Growth Businesses

$271M-4.9%

Similar metrics at other companies

DYCommunications — Other segment items

$118.8M+23.1%

MTZ

MTZCommunications — Other segment items

$20.8M+14.3%

FCNStrategic Communications — Other segment items

$9.53M-40.4%

MTRNPrecision Optics — Other segment items

$2.61M+0.2%

VIAVOptical Security and Performance Products — Other segment items

$3.4M+13.3%

BRInvestor Communication Solutions — Other segment items

$88M+17.6%

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

See full

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/S8×+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

See full

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, 2026	Optical Communications	Glass Innovations	Automotive	Solar	Total Reportable Segments	Life Sciences and Emerging Growth Businesses	Total
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
Three months ended June 30, 2025

Item 1. Financial Statements

FAQ

What is Corning's optical communications — other segment items?: Corning (GLW) reported optical communications — other segment items of $1.34B in Q2 2026.
What does optical communications — other segment items mean?: This metric captures miscellaneous financial adjustments, non-recurring charges, or specific operational costs unique to the optical communications segment that are not classified under standard operating expenses. It often includes items like restructuring costs, specific asset impairments, or unique segment-level overhead allocations. Investors use this to understand the underlying operational efficiency by isolating non-core or irregular financial impacts.