GLW CORNING INC
NYSEMaterialsDrawing & Insulating of Nonferrous WireCorning, NYFY ends December 31
FY2025 at a glance
Fundamentals from SEC filings, not quotes- Revenue
- $15.6BYoYup 19.14%ended Dec 31, 2025
- Net income
- $1.6B10.2% margin
- Diluted EPS
- $1.83YoYup 215.52%
- Free cash flow
- —
- Cash
- $1.53BNet debt $6.9B
- Total debt
- $8.43BD/E 0.71×
Overview
CORNING INC (GLW) is listed on NYSE; the SEC classifies it under "Drawing & Insulating of Nonferrous Wire".
For fiscal 2025 (ended Dec 31, 2025) it reported revenue of $15.63B, up 19.1% from fiscal 2024.
Net income was $1.6B, a net margin of 10.2%.
At fiscal year end it had total assets of $30.98B and stockholders' equity of $11.81B (38.1% of assets).
- Fiscal years shown
- FY2016–FY2025 (10 years)
- Latest 10-K
- Feb 12, 2026
- Latest filing
- 10-QOct 29, 2026
Charts
Revenue and net income
| Period | Revenue | Net income | Net margin |
|---|---|---|---|
| FY2016 | — | $3.7B | — |
| FY2017 | — | -$497M | — |
| FY2018 | $11.3B | $1.07B | 9.4% |
| FY2019 | $11.5B | $960M | 8.3% |
| FY2020 | $11.3B | $512M | 4.5% |
| FY2021 | $14.1B | $1.91B | 13.5% |
| FY2022 | $14.2B | $1.32B | 9.3% |
| FY2023 | $12.6B | $581M | 4.6% |
| FY2024 | $13.1B | $506M | 3.9% |
| FY2025 | $15.6B | $1.6B | 10.2% |
Gross, operating and net margin
| Period | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| FY2016 | — | — | — |
| FY2017 | — | — | — |
| FY2018 | 39.5% | 14.0% | 9.4% |
| FY2019 | 35.1% | 11.4% | 8.3% |
| FY2020 | 31.2% | 4.5% | 4.5% |
| FY2021 | 36.0% | 15.0% | 13.5% |
| FY2022 | 31.8% | 10.1% | 9.3% |
| FY2023 | 31.2% | 7.1% | 4.6% |
| FY2024 | 32.6% | 8.7% | 3.9% |
| FY2025 | 36.0% | 14.6% | 10.2% |
Diluted EPS
| Period | EPS (diluted) |
|---|---|
| FY2016 | $3.23 |
| FY2017 | -$0.66 |
| FY2018 | $1.13 |
| FY2019 | $1.07 |
| FY2020 | $0.54 |
| FY2021 | $1.28 |
| FY2022 | $1.54 |
| FY2023 | $0.68 |
| FY2024 | $0.58 |
| FY2025 | $1.83 |
Diluted shares
| Period | Diluted shares (weighted) |
|---|---|
| FY2016 | 1.14B |
| FY2017 | 895M |
| FY2018 | 941M |
| FY2019 | 899M |
| FY2020 | 772M |
| FY2021 | 844M |
| FY2022 | 857M |
| FY2023 | 859M |
| FY2024 | 869M |
| FY2025 | 871M |
Cash vs total debt
| Period | Cash & equivalents | Total debt |
|---|---|---|
| FY2016 | $5.29B | $3.9B |
| FY2017 | $4.32B | $5.13B |
| FY2018 | $2.36B | $6B |
| FY2019 | $2.43B | $7.74B |
| FY2020 | $2.67B | $7.97B |
| FY2021 | $2.15B | $7.04B |
| FY2022 | $1.67B | $6.91B |
| FY2023 | $1.78B | $7.53B |
| FY2024 | $1.77B | $7.21B |
| FY2025 | $1.53B | $8.43B |
Each bar is one fiscal year as reported in its 10-K; bars below the zero line are negative and gaps are years not reported. Per-share figures are as reported, not adjusted for stock splits; comparisons across a likely split are left blank.
Ratios
Profitability
- Gross margin
- 36.0%
- Operating margin
- 14.6%
- Net margin
- 10.2%
- Return on equity
- 14.2%
- Return on assets
- 5.4%
Growth
| Metric | 1y | 3y CAGR | 5y CAGR | 9y CAGR |
|---|---|---|---|---|
| Revenue | up 19.14% | up 3.27% | up 6.70% | — |
| EPS (diluted) | up 215.52% | up 5.92% | up 27.65% | down 6.12% |
| Free cash flow | — | — | — | — |
- Change in share count
- +0.23%
Financial strength
- Current ratio
- 1.59×
- Debt / equity
- 0.71×
- Liabilities / assets
- 60.3%
- Net debt
- $6.9B
- Interest coverage
- 6.78×
- Equity / assets
- 38.1%
Shareholder returns
- Dividends per share
- $1.12
- Buybacks
- $163M
- Stock comp. / revenue
- 1.8%
Quality screens
Piotroski F-Score
7 of 9 checks passed
FY2025 vs FY2024
- PassPositive return on assets5.8%
- PassPositive operating cash flow$2.7B
- PassReturn on assets improved5.8% vs 1.8%
- PassOperating cash flow above net income9.7% vs 5.8%
- PassLong-term debt / assets fell24.6% vs 24.8%
- FailCurrent ratio improved1.59× vs 1.62×
- FailNo increase in share count871M vs 869M
- PassGross margin improved36.0% vs 32.6%
- PassAsset turnover improved0.56× vs 0.46×
Altman Z''-Score
FY2025
| Components | Ratio | Weight | Points |
|---|---|---|---|
| Working capital / assets | 0.107 | ×6.56 | 0.70 |
| Retained earnings / assets | 0.534 | ×3.26 | 1.74 |
| Operating income / assets | 0.074 | ×6.72 | 0.49 |
| Equity / liabilities | 0.632 | ×1.05 | 0.66 |
| Z'' | 3.60 | ||
Screening heuristic, not a recommendation. Per-share figures are as reported, not adjusted for stock splits; comparisons across a likely split are left blank.
Financial statements
USD millions, except per-share figures (USD). Share counts in millions.
Income statement
| Metric | FY2025Dec 31, 2025 | FY2024Dec 31, 2024 | FY2023Dec 31, 2023 | FY2022Dec 31, 2022 | FY2021Dec 31, 2021 | FY2020Dec 31, 2020 | FY2019Dec 31, 2019 | FY2018Dec 31, 2018 | FY2017Dec 31, 2017 | FY2016Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 15,629 | 13,118 | 12,588 | 14,189 | 14,082 | 11,303 | 11,503 | 11,290 | — | — |
| YoY (Revenue) | +19.14% | +4.21% | -11.28% | +0.76% | +24.59% | -1.74% | +1.89% | — | — | — |
| Gross profit | 5,621 | 4,276 | 3,931 | 4,506 | 5,063 | 3,531 | 4,035 | 4,461 | 4,032 | 3,746 |
| Research & development | 800 | 800 | 900 | 900 | 800 | 1,000 | 833 | 807 | 689 | 637 |
| Selling, general & admin. | 2,122 | 1,931 | 1,843 | 1,898 | 1,827 | 1,747 | 1,585 | 1,799 | 1,467 | 1,472 |
| Operating income | 2,279 | 1,135 | 890 | 1,438 | 2,112 | 509 | 1,306 | 1,575 | 1,630 | 1,391 |
| Interest expense | 336 | 329 | — | — | — | — | — | — | — | — |
| Pretax income | 2,052 | 813 | 816 | 1,797 | 2,397 | 623 | 1,216 | 1,503 | 1,657 | — |
| Income tax | 310 | 221 | 168 | 411 | 491 | 111 | 256 | 437 | 2,154 | -3 |
| Net income | 1,596 | 506 | 581 | 1,316 | 1,906 | 512 | 960 | 1,066 | -497 | 3,695 |
| YoY (Net income) | +215.42% | -12.91% | -55.85% | -30.95% | +272.27% | -46.67% | -9.94% | — | -113.45% | — |
| EPS (basic) | 1.87 | 0.59 | 0.69 | 1.56 | 1.30 | 0.54 | 1.11 | 1.19 | -0.66 | 3.53 |
| EPS (diluted) | 1.83 | 0.58 | 0.68 | 1.54 | 1.28 | 0.54 | 1.07 | 1.13 | -0.66 | 3.23 |
| YoY (EPS (diluted)) | +215.52% | -14.71% | -55.84% | +20.31% | +137.04% | -49.53% | -5.31% | — | -120.43% | — |
| Diluted shares (weighted) | 871 | 869 | 859 | 857 | 844 | 772 | 899 | 941 | 895 | 1,144 |
Balance sheet
| Metric | FY2025Dec 31, 2025 | FY2024Dec 31, 2024 | FY2023Dec 31, 2023 | FY2022Dec 31, 2022 | FY2021Dec 31, 2021 | FY2020Dec 31, 2020 | FY2019Dec 31, 2019 | FY2018Dec 31, 2018 | FY2017Dec 31, 2017 | FY2016Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | 1,526 | 1,768 | 1,779 | 1,671 | 2,148 | 2,672 | 2,434 | 2,355 | 4,317 | 5,291 |
| Receivables | 2,779 | 2,053 | 1,572 | 1,721 | 2,004 | 2,133 | 1,836 | 1,940 | 1,807 | 1,481 |
| Inventory | 3,077 | 2,724 | 2,666 | 2,904 | 2,481 | 2,438 | 2,320 | 2,037 | 1,712 | 1,471 |
| Current assets | 8,936 | 7,992 | 7,212 | 7,453 | 7,659 | 8,004 | 7,463 | 7,034 | 8,827 | 9,048 |
| Goodwill | 2,489 | 2,363 | 2,380 | 2,394 | 2,421 | 2,460 | 1,935 | 1,936 | 1,694 | 1,577 |
| Intangible assets | 657 | 752 | 905 | 1,029 | 1,148 | 1,308 | 1,185 | 1,292 | 869 | 796 |
| Total assets | 30,976 | 27,735 | 28,500 | 29,499 | 30,154 | 30,775 | 28,898 | 27,505 | 27,494 | 27,899 |
| Current liabilities | 5,628 | 4,919 | 4,319 | 5,175 | 4,806 | 3,767 | 3,521 | 3,311 | 3,209 | 2,751 |
| Short-term debt | 795 | 326 | 320 | 224 | 55 | 156 | 11 | 4 | 379 | 256 |
| Long-term debt | 7,630 | 6,885 | 7,206 | 6,687 | 6,989 | 7,816 | 7,729 | 5,994 | 4,749 | 3,646 |
| Total liabilities | 18,669 | 16,665 | 16,632 | 17,224 | 17,609 | 17,327 | 15,901 | 13,619 | 11,724 | 9,939 |
| Retained earnings | 16,551 | 15,926 | 16,391 | 16,778 | 16,389 | 16,120 | 16,408 | 16,303 | 15,930 | 16,880 |
| Stockholders' equity | 11,807 | 10,686 | 11,551 | 12,008 | 12,333 | 13,257 | 12,907 | 13,792 | 15,698 | 17,893 |
| Shares outstanding | 858 | 857 | 853 | 847 | 846 | 768 | 764 | 787 | 857 | 928 |
Cash flow
| Metric | FY2025Dec 31, 2025 | FY2024Dec 31, 2024 | FY2023Dec 31, 2023 | FY2022Dec 31, 2022 | FY2021Dec 31, 2021 | FY2020Dec 31, 2020 | FY2019Dec 31, 2019 | FY2018Dec 31, 2018 | FY2017Dec 31, 2017 | FY2016Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 2,695 | 1,939 | 2,005 | 2,615 | 3,412 | 2,180 | 2,031 | 2,919 | 2,004 | — |
| Stock-based compensation | 286 | 273 | 218 | 175 | 190 | 207 | 56 | 51 | 46 | 42 |
| Share repurchases | 163 | 165 | — | 221 | 274 | 105 | 940 | 2,227 | 2,452 | 4,227 |
| Dividends per share | 1.12 | 1.12 | 1.12 | 1.08 | 0.96 | 0.88 | 0.80 | 0.72 | 0.62 | 0.54 |
Key financials (annual, 10-K)
Values as reported in each fiscal year's Form 10-K (XBRL data on SEC EDGAR); growth and ratios are computed from those values. Revenue is the total revenue figure the company tagged (omitted when the only figure tagged is evidently partial, e.g. below net income); growth is only shown between consecutive ~12-month fiscal years reported with the same revenue measure. Per-share figures and share counts are as reported and not adjusted for later stock splits. — = not reported.
Filing timeline
- 10-QNewQuarterly report· Sep 30, 2026(SEC EDGAR)
- 8-KCurrent report· Oct 27, 2026(SEC EDGAR)
- 2.02Results of operations
- 9.01Financial statements and exhibits
- 8-KCurrent report· Sep 11, 2026(SEC EDGAR)
- 8.01Other events
- 9.01Financial statements and exhibits
- 8-KCurrent report· Sep 4, 2026(SEC EDGAR)
- 7.01Regulation FD disclosure
- 10-QQuarterly report· Jun 30, 2026(SEC EDGAR)
- 8-KCurrent report· Jul 28, 2026(SEC EDGAR)
- 2.02Results of operations
- 8-KCurrent report· May 15, 2026(SEC EDGAR)
- 7.01Regulation FD disclosure
- 8-KCurrent report· May 6, 2026(SEC EDGAR)
- 3.02Unregistered sale of equity
- 7.01Regulation FD disclosure
- 9.01Financial statements and exhibits
- 8-KCurrent report· May 4, 2026(SEC EDGAR)
- 7.01Regulation FD disclosure
- 8-KCurrent report· Apr 30, 2026(SEC EDGAR)
- 5.07Shareholder vote results
Frequently asked questions
What does CORNING INC do?
The SEC classifies CORNING INC under Standard Industrial Classification (SIC) code 3357, "Drawing & Insulating of Nonferrous Wire". It is headquartered in Corning, NY. It is incorporated in NY. In fiscal 2025 it reported revenue of $15.63B and net income of $1.6B in its annual 10-K report.
What was CORNING INC's revenue in 2025?
CORNING INC reported revenue of $15.63B for fiscal 2025, which ended Dec 31, 2025, up 19.1% from $13.12B in fiscal 2024, according to its annual 10-K report filed with the SEC on Feb 12, 2026.
What was CORNING INC's net income in 2025?
CORNING INC reported net income of $1.6B for fiscal 2025, a net margin of 10.2% of revenue.
Where is CORNING INC listed?
According to the SEC, CORNING INC's ticker GLW is listed on NYSE.
When does CORNING INC's fiscal year end?
According to the SEC, CORNING INC's fiscal year ends on December 31; its latest reported fiscal year (2025) ended Dec 31, 2025.
Source: SEC EDGAR · Last updated:
Ver en españolNot investment advice: This page shows financial data that companies reported to the US Securities and Exchange Commission, for information only. It is not investment advice or a recommendation to buy or sell any security, and it shows no stock prices. Data may be incomplete, restated or out of date — check the original filings on SEC EDGAR before making decisions.