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Corning GLW Non-Controlling Interests

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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/S+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 us-gaap:MinorityInterest.

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 itemJune 30,2026December 31,2025
Additional paid-in capital – common stock18,63617,580
Retained earnings16,74716,551
Treasury stock, at cost; Shares held: 994 million and 992 million(21,429)(21,143)
Accumulated other comprehensive loss(2,321)(2,105)
Total Corning Incorporated shareholders’ equity12,56011,807
Non-controlling interest567500
Total equity13,12712,307
Total Liabilities and Equity$32,956$30,976

Item 1. Financial Statements

FAQ

What is Corning's non-controlling interests?
Corning (GLW) reported non-controlling interests of $567M in Q2 2026.
How has Corning's non-controlling interests changed year-over-year?
Corning's non-controlling interests increased by 32.2% year-over-year, from $429M to $567M.
What is the long-term trend for Corning's non-controlling interests?
Over 5 years (2020 to 2025), Corning's non-controlling interests has grown at a 21.2% compound annual growth rate (CAGR), from $191M to $500M.
What does non-controlling interests mean?
Equity attributable to minority shareholders in subsidiaries not fully owned by the parent — their proportional claim on subsidiary net assets.

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