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Corning GLW Total Reportable Segments — Research, development and engineering expenses

Other segment segments

Glass Innovations
$92M0.0%
Optical Communications
$92M+21.1%
Automotive
$36M+2.9%
Life Sciences and Emerging Growth Businesses
$27M+3.8%
Solar
$3M-25.0%

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ATMUIndustrial Solutions — Research, development and engineering expenses
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ATMUPower Solutions — Research, development and engineering expenses
$8.1M-11.0%
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SYKMedSurg and Neurotechnology: — Research, development and engineering expenses
$231M+11.1%
ITG
ITGRReportable Segment — Research, development and engineering
$12.37M-7.3%

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/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

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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 glw:ResearchDevelopmentAndEngineeringExpenses.

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 — research, development and engineering expenses?
Corning (GLW) reported total reportable segments — research, development and engineering expenses of $223M in Q2 2026.
What does total reportable segments — research, development and engineering expenses mean?
This metric tracks the total investment in research, development, and engineering activities across all reportable segments. It highlights the company's commitment to innovation, new product development, and technological advancement within its core markets.

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