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Corning GLW Other Income (Expense)

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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$135.39B+147%
Enterprise value$141.4B+132%
P/E71.3×+6.6×
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:OtherNonoperatingIncomeExpense.

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
Interest income1252117
Interest expense(94)(83)(186)(165)
Translated earnings contract gain, net (Note 9)901317430
Other expense, net(57)(42)(68)(76)
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)

Item 1. Financial Statements

FAQ

What is Corning's other income (expense)?
Corning (GLW) reported other income (expense) of -$57M in Q2 2026.
How has Corning's other income (expense) changed year-over-year?
Corning's other income (expense) decreased by 35.7% year-over-year, from -$42M to -$57M.
What is the long-term trend for Corning's other income (expense)?
Over 3 years (2022 to 2025), Corning's other income (expense) has grown at a -34.5% compound annual growth rate (CAGR), from $285M to -$80M.
What does other income (expense) mean?
Net total of all non-operating income and expenses not classified in specific line items — a catch-all for miscellaneous financial items.

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