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Corning GLW Prepaid & Other Current

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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:OtherAssetsCurrent.

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
Cash and cash equivalents$2,504$1,526
Trade accounts receivable, net of doubtful accounts - $29 and $272,9322,779
Inventories (Note 3)3,4263,077
Other current assets (Note 5)2,0551,554
Total current assets10,9178,936
Property, plant and equipment, net of accumulated depreciation - $15,460 and $15,22914,92714,825
Goodwill2,4762,489
Other intangible assets, net610657

Item 1. Financial Statements

FAQ

What is Corning's prepaid & other current?
Corning (GLW) reported prepaid & other current of $2.06B in Q2 2026.
How has Corning's prepaid & other current changed year-over-year?
Corning's prepaid & other current increased by 55.3% year-over-year, from $1.32B to $2.06B.
What is the long-term trend for Corning's prepaid & other current?
Over 5 years (2020 to 2025), Corning's prepaid & other current has grown at a 20.4% compound annual growth rate (CAGR), from $613M to $1.55B.
What does prepaid & other current mean?
Advance payments for expenses (rent, insurance, subscriptions) plus miscellaneous current assets not classified elsewhere.

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