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Corning GLW Net Income

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Segments

By segment

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Optical Communications$438M+77.3%
Glass Innovations$354M+9.3%
Automotive$82M+3.8%
Life Sciences and Emerging Growth Businesses-$21M-450%
Solar-$7M-450%

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%
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$131.6B+128%
Enterprise value$137.61B+116%
P/E69.3×+1.3×
P/S7.8×+3.7×

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:NetIncomeLoss.

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
Line itemThree months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Income before income taxes6495841,178824
Provision for income taxes (Note 11)(40)(84)(161)(139)
Net income6095001,017685
Net income attributable to non-controlling interest(50)(31)(87)(59)
Net income attributable to Corning Incorporated$559$469$930$626
Earnings per common share available to common shareholders:
Basic (Note 13)$0.65$0.55$1.08$0.73
Diluted (Note 13)$0.64$0.54$1.06$0.72

Item 1. Financial Statements

FAQ

What is Corning's net income?
Corning (GLW) reported net income of $559M in Q2 2026.
How has Corning's net income changed year-over-year?
Corning's net income increased by 19.2% year-over-year, from $469M to $559M.
What is the long-term trend for Corning's net income?
Over 4 years (2021 to 2025), Corning's net income has grown at a -3.9% compound annual growth rate (CAGR), from $1.91B to $1.62B.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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