Corning Incorporated financials
$158.71+4.70%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.63B | $13.12B | $12.59B | $14.19B | $14.08B | $11.30B | $11.50B | $11.29B | $10.12B | $9.39B |
| Gross profit | $5.62B | $4.28B | $3.93B | $4.51B | $5.06B | $3.53B | $4.04B | $4.46B | $4.02B | $3.76B |
| Gross margin | 36.0% | 32.6% | 31.2% | 31.8% | 36.0% | 31.2% | 35.1% | 39.5% | 39.7% | 40.1% |
| Operating income | $2.28B | $1.14B | $890.0M | $1.44B | $2.11B | $509.0M | $1.31B | $1.57B | $1.61B | $1.42B |
| Net income | $1.60B | $506.0M | $581.0M | $1.32B | $1.08B | $414.0M | $862.0M | $968.0M | -$595.0M | $3.60B |
| Net margin | 10.2% | 3.9% | 4.6% | 9.3% | 7.7% | 3.7% | 7.5% | 8.6% | −5.9% | 38.3% |
| Diluted EPS | $1.83 | $0.58 | $0.68 | $1.54 | $1.28 | $0.54 | $1.07 | $1.13 | $-0.66 | $3.23 |
| EBITDA | $3.63B | $2.48B | $2.26B | $2.89B | $3.59B | $2.03B | $2.81B | $2.87B | $2.77B | $2.70B |
| Operating cash flow | $2.69B | $1.94B | $2.00B | $2.62B | $3.41B | $2.18B | $2.03B | $2.22B | $1.90B | $2.35B |
| Free cash flow | $1.41B | $974.0M | $615.0M | $1.01B | $1.77B | $803.0M | $53.0M | -$91.0M | $100.0M | $1.22B |
| Diluted shares | 871.0M | 869.0M | 859.0M | 857.0M | 844.0M | 772.0M | 899.0M | 941.0M | 895.0M | 1,144.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.53B | $1.77B | $1.78B | $1.67B | $2.15B | $2.67B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $8.43B | $7.21B | $7.53B | $6.91B | $7.04B | $7.97B |
| Total assets | $30.98B | $27.73B | $28.50B | $29.50B | $30.15B | $30.77B |
| Total liabilities | $18.67B | $16.66B | $16.63B | $17.22B | $17.61B | $17.33B |
| Shareholders' equity | $12.31B | $11.07B | $11.87B | $12.28B | $12.54B | $13.45B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology