CORNING INC /NY GLW
NYSE · stock · Drawing & Insulating of Nonferrous Wire · website · IPO 1945-05-21
CORNING INC /NY financials (annual)
Bars are annual figures from 2016 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.6B | $13.1B | $12.6B | $14.2B | $14.1B | $11.3B | $11.5B | $11.3B | $10.1B | $9.4B |
| Gross profit | $5.6B | $4.3B | $3.9B | $4.5B | $5.1B | $3.5B | $4.0B | $4.5B | $4.0B | $3.8B |
| R&D expense | $800.0M | $800.0M | $900.0M | $900.0M | $800.0M | $1.0B | $800.0M | $807.0M | $689.0M | $637.0M |
| SG&A expense | $2.1B | $1.9B | $1.8B | $1.9B | $1.8B | $1.7B | $1.6B | $1.8B | $1.5B | $1.5B |
| Operating income | $2.3B | $1.1B | $890.0M | $1.4B | $2.1B | $509.0M | $1.3B | $1.6B | $1.6B | $1.4B |
| Income tax | $310.0M | $221.0M | $168.0M | $411.0M | $491.0M | $111.0M | $256.0M | $437.0M | $2.2B | -$3.0M |
| Net income | $1.6B | $506.0M | $581.0M | $1.3B | $1.9B | $512.0M | $960.0M | $1.1B | -$497.0M | $3.7B |
| EPS (diluted) | $1.83 | $0.58 | $0.68 | $1.54 | $1.28 | $0.54 | $1.07 | $1.13 | $-0.66 | $3.23 |
| Operating cash flow | $2.7B | $1.9B | $2.0B | $2.6B | $3.4B | $2.2B | $2.0B | $2.9B | $2.0B | $2.5B |
| Cash & equivalents | $1.5B | $1.8B | $1.8B | — | — | — | — | $2.4B | $4.3B | $5.3B |
| Inventory | $3.1B | $2.7B | $2.7B | $2.9B | $2.5B | $2.5B | $2.3B | $2.0B | $1.7B | $1.5B |
| Total assets | $31.0B | $27.7B | $28.5B | $29.5B | $30.2B | $30.8B | $28.9B | $27.5B | $27.5B | $27.9B |
| Total liabilities | $18.7B | $16.7B | $16.6B | $17.2B | $17.6B | $17.3B | $15.9B | $13.6B | $11.7B | $9.9B |
| Shareholders' equity | $12.3B | $11.1B | $11.9B | $12.3B | $12.5B | $13.4B | $13.0B | $13.9B | $15.8B | $18.0B |
Growth · year-over-year · Revenue CAGR 5.8%
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | +19.1% | +4.2% | -11.3% | +0.8% | +24.6% | -1.7% | +1.9% | +11.6% | +7.7% | — |
| Net income growth | +215.4% | -12.9% | -55.9% | -31.0% | +272.3% | -46.7% | -9.9% | — | -113.5% | +176.0% |
| EPS growth | +215.5% | -14.7% | -55.8% | +20.3% | +137.0% | -49.5% | -5.3% | — | -120.4% | +223.0% |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.