Operating Income

Gross Profit

Corning Gross Profit increased by 2.2% to $1.53B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 25.9%, from $1.21B to $1.53B. Over 3 years (FY 2022 to FY 2025), Gross Profit shows an upward trend with a 7.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

Higher gross profit indicates a strong ability to command premium pricing and manage production costs effectively.

Detailed definition

The profit a company makes after deducting the costs associated with making and selling its products, or the costs assoc...

Peer comparison

Premium hardware brands aim for higher gross profit margins than commodity electronics manufacturers.

Metric ID: gross_profit

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.13B$1.13B$1.13B$1.13B$982.75M$982.75M$982.75M$982.75M$993.00M$949.00M$1.14B$1.20B$1.21B$1.39B$1.52B$1.50B$1.53B
QoQ Change+0.0%+0.0%+0.0%-12.8%+0.0%+0.0%+0.0%+1.0%-4.4%+19.8%+5.3%+1.4%+14.7%+9.2%-1.6%+2.2%
YoY Change-12.8%-12.8%-12.8%-12.8%+1.0%-3.4%+15.7%+21.8%+22.3%+46.7%+33.7%+24.9%+25.9%
Range$949.00M$1.53B
CAGR+7.9%
Avg YoY Growth+10.6%
Median YoY Growth+15.7%

Frequently Asked Questions

What is Corning's gross profit?
Corning (GLW) reported gross profit of $1.53B in Q1 2026.
How has Corning's gross profit changed year-over-year?
Corning's gross profit increased by 25.9% year-over-year, from $1.21B to $1.53B.
What is the long-term trend for Corning's gross profit?
Over 3 years (2022 to 2025), Corning's gross profit has grown at a 7.6% compound annual growth rate (CAGR), from $4.51B to $5.62B.
What does gross profit mean?
The money left over from sales after paying for the direct cost of goods sold.