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Corning GLW Net margin

Net margin at other companies

Thermo Fisher Scientific logo
Thermo Fisher ScientificTMO
15.2%+1.0pp
Danaher logo
DanaherDHR
14.9%-0.9pp
Amphenol logo
AmphenolAPH
17.2%+1.7pp
Amkor Technology logo
Amkor TechnologyAMKR
6.2%+1.1pp
Coherent logo
CoherentCOHR
1.7%+1.0pp
Lumentum Holdings Inc. logo
Lumentum Holdings Inc.LITE
17.7%+10.9pp

Other financials

Income statement

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Revenue$4.1B+20.1%
Gross profit$1.5B+25.9%
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

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Operating cash flow$362.0M+140%
CapEx$332.0M+59.6%
Free cash flow$30.0M+153%

Valuation

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Market cap$150.96B+198%
Enterprise value$149.45B+155%
P/E83.4×-28.3×
P/S9.3×+5.5×

Profitability

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Gross margin36.4%+3.3pp
Operating margin15.2%+5.4pp

Returns & leverage

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Return on equity16.1%+11.9pp
Debt / equity-0.7×
Current ratio1.6×-0.1×

Where this comes from

Calculated from Corning’s reported figures.

Based on trailing twelve months.

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 net margin?
Corning (GLW) reported net margin of 11.1% in Q1 2026.
How has Corning's net margin changed year-over-year?
Corning's net margin increased by 232.1% year-over-year, from 3.3% to 11.1%.
What is the long-term trend for Corning's net margin?
Over 2 years (2023 to 2025), Corning's net margin has grown at a 5.1% compound annual growth rate (CAGR), from 25.8% to 28.5%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.