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Corning GLW Depreciation

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Segments

By segment

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Glass Innovations$150M+9.5%
Optical Communications$72M+10.8%
Solar$44M+159%
Automotive$40M-2.4%
Life Sciences and Emerging Growth Businesses$26M-10.3%

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$248.0M-96.6%
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-237%
Free cash flow$1.3B+224%

Valuation

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Market cap$126.21B+166%
P/E66.4×+8.5×
P/S7.4×+4.1×

Profitability

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Gross margin36.4%+1.6pp
Operating margin15.3%+3.3pp
Net margin11.2%+5.4pp
FCF margin14.1%+5.7pp

Returns & leverage

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Return on equity16.1%+8.5pp
Debt / equity-0.7×
Current ratio1.8×+0.3×

Where this comes from

Reported directly by Corning in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

The official record: Corning’s 8-K, filed July 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Corning's depreciation?
Corning (GLW) reported depreciation of $368M in Q2 2026.
How has Corning's depreciation changed year-over-year?
Corning's depreciation increased by 17.9% year-over-year, from $312M to $368M.
What is the long-term trend for Corning's depreciation?
Over 4 years (2021 to 2025), Corning's depreciation has grown at a -2.2% compound annual growth rate (CAGR), from $1.35B to $1.24B.