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Corning GLW Total Reportable Segments — Depreciation

Other segment segments

Glass Innovations
$150M+2.0%
Optical Communications
$77M+11.6%
Solar
$77M+196%
Automotive
$39M-4.9%
Life Sciences and Emerging Growth Businesses
$23M-14.8%

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UNPReportable Segment — Depreciation
$638M+4.1%
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NSCReportable Segment — Depreciation
$358M+3.5%
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KEYSTotal segments — Depreciation
$39M+18.2%
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KEYSSegment Total — Depreciation
$32.75M+4.0%
HEICO logo
HEICorporate Segment — Depreciation
$434K-12.9%
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MDTOther operating segment — Depreciation
$0

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: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, 2026Optical CommunicationsGlass InnovationsAutomotiveSolarTotal Reportable SegmentsLife Sciences and Emerging Growth BusinessesTotal
Segment net sales$2,072$1,463$471$438$4,444$294$4,738
Less:
Research, development and engineering expenses (1)929236322327250
Depreciation (2)77150397734323366
Other segment items (3)1,3387742923632,7672713,038
Income tax provision (benefit) (4)12793222244(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 total reportable segments — depreciation?
Corning (GLW) reported total reportable segments — depreciation of $343M in Q2 2026.
What does total reportable segments — depreciation mean?
This metric represents the systematic allocation of the cost of tangible assets across the company's reportable segments over their useful lives. It reflects the wear and tear or obsolescence of the machinery and infrastructure used to produce goods.

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