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?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

Corning GLW Gross Profit

Discontinued — last reported Q1 '26

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Other financials

Income statement

See full

Revenue$4.1B+20.0%

Operating income$639.0M+43.6%

Net income$371.0M+136%

EPS (diluted)$0.43+139%

Balance sheet

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Cash & equivalents$1.8B+29.1%

Total debt$248.0M-96.6%

Total equity$11.8B+10.2%

Total assets$31.3B+14.1%

Cash flow

See full

Operating cash flow$362.0M+140%

CapEx$332.0M+59.6%

Free cash flow$30.0M+153%

Valuation

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Market cap$196.23B+354%

Enterprise value$194.73B+296%

P/E108.4×+13.3×

P/S12×+8.8×

Profitability

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Gross margin36.4%+3.3pp

Operating margin15.2%+5.4pp

Net margin11.1%+7.8pp

FCF margin9.2%+1.3pp

Returns & leverage

See full

Return on equity16.1%+11.9pp

Debt / equity0×-0.7×

Current ratio1.6×-0.1×

Where this comes from

Calculated from Corning’s reported figures.

$4.1Btotal revenue−$2.6Btotal cost of revenue=$1.53B

The official record: Corning’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

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?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.