Corning Inc. Income Statement

GLW / Information Technology|15 years of annual SEC 10-K data (FY2011-FY2025)

Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.

Corning Inc. reported $15.6B in revenue and $1.6B in net income for FY2025. Revenue has grown at a 7.9% compound annual rate over the past 14 years.

Based on SEC 10-K filings.

Key Data Points

High earnings quality (cash-backed earnings)

Data sourced from SEC EDGAR filings. Not investment advice.

Item	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011
Revenue	$15.6B	$13.1B	$14.1B	$11.3B	$11.5B	$11.3B	$10.1B	$9.4B	$9.1B	$9.7B	$7.8B	$8.0B	$7.9B	$8.0B	$5.4B
Cost of Revenue	$10.0B	$8.8B	$9.0B	$7.8B	$7.5B	$6.8B	$6.1B	$5.6B	$5.5B	$5.7B	$4.5B	$4.7B	$4.3B	$4.7B	$3.3B
Gross Profit	$5.6B	$4.3B	$5.1B	$3.5B	$4.0B	$4.5B	$4.0B	$3.8B	$3.7B	$4.1B	$3.3B	$3.3B	$3.6B	$3.3B	$2.1B
SG&A Expense	$2.1B	$1.9B	$1.8B	$1.7B	$1.6B	$1.8B	$1.5B	$1.5B	$1.5B	$1.2B	$1.1B	$1.2B	$1.0B	$1.2B	$881.0M
R&D Expense	$800.0M	$800.0M	$800.0M	$1.0B	$800.0M	$807.0M	$689.0M	$637.0M	$638.0M	$701.0M	$613.0M	$651.0M	$561.0M	$651.0M	$465.0M
Operating Income	$2.3B	$1.1B	$2.1B	$509.0M	$1.3B	$1.6B	$1.6B	$1.4B	$1.3B	$1.9B	$1.4B	$1.2B	$1.7B	$1.2B	$391.0M
Income Tax	$310.0M	$221.0M	$491.0M	$111.0M	$256.0M	$437.0M	$2.2B	-$3.0M	$147.0M	$1.1B	$512.0M	$339.0M	$414.0M	$339.0M	-$74.0M
Net Income	$1.6B	$506.0M	$1.9B	$512.0M	$960.0M	$1.1B	-$497.0M	$3.7B	$1.3B	$2.5B	$2.0B	$1.6B	$2.8B	$1.6B	$2.0B
EPS (Basic)	$1.87	$1.56	$1.30	$0.54	$1.11	$1.19	-$0.66	$3.53	$1.02	$1.82	$1.35	$1.10	$1.80	$2.28	$1.30
EPS (Diluted)	$1.83	$1.54	$1.28	$0.54	$1.07	$1.13	-$0.66	$3.23	$1.00	$1.73	$1.34	$1.09	$1.78	$2.25	$1.28
Shares Outstanding	871.0M	857.0M	844.0M	772.0M	899.0M	941.0M	895.0M	1.1B	1.3B	1.4B	1.5B	1.5B	1.6B	1.6B	1.6B
Gross Margin	36.0%	32.6%	35.9%	31.2%	35.1%	39.5%	39.7%	40.1%	40.1%	41.7%	42.5%	41.4%	45.3%	41.4%	38.8%
Operating Margin	14.6%	8.6%	15.0%	4.5%	11.3%	14.0%	15.9%	15.2%	14.5%	19.9%	17.5%	14.7%	21.7%	14.7%	7.2%
Profit Margin	10.2%	3.9%	13.5%	4.5%	8.3%	9.4%	-4.9%	39.4%	14.7%	25.4%	25.1%	20.4%	35.7%	20.4%	37.2%

Other Financial Statements

Balance Sheet Cash Flow Statement All Financial Data

Scores & Analysis

Piotroski F-Score Altman Z-Score Financial Ratios

Corning Inc. Profile All Financial Data

Item

FY2025

FY2024

FY2023

FY2022

FY2021

FY2020

FY2019

FY2018

FY2017

FY2016

FY2015

FY2014

FY2013

FY2012

FY2011

Revenue

$15.6B

$13.1B

$14.1B

$11.3B

$11.5B

$11.3B

$10.1B

$9.4B

$9.1B

$9.7B

$7.8B

$8.0B

$7.9B

$8.0B

$5.4B

Cost of Revenue

$10.0B

$8.8B

$9.0B

$7.8B

$7.5B

$6.8B

$6.1B

$5.6B

$5.5B

$5.7B

$4.5B

$4.7B

$4.3B

$4.7B

$3.3B

Gross Profit

$5.6B

$4.3B

$5.1B

$3.5B

$4.0B

$4.5B

$4.0B

$3.8B

$3.7B

$4.1B

$3.3B

$3.6B

$3.3B

$2.1B

SG&A Expense

$2.1B

$1.9B

$1.8B

$1.7B

$1.6B

$1.8B

$1.5B

$1.2B

$1.1B

$1.2B

$1.0B

$1.2B

$881.0M

R&D Expense

$800.0M

$1.0B

$800.0M

$807.0M

$689.0M

$637.0M

$638.0M

$701.0M

$613.0M

$651.0M

$561.0M

$651.0M

$465.0M

Operating Income

$2.3B

$1.1B

$2.1B

$509.0M

$1.3B

$1.6B

$1.4B

$1.3B

$1.9B

$1.4B

$1.2B

$1.7B

$1.2B

$391.0M

Income Tax

$310.0M

$221.0M

$491.0M

$111.0M

$256.0M

$437.0M

$2.2B

-$3.0M

$147.0M

$1.1B

$512.0M

$339.0M

$414.0M

$339.0M

-$74.0M

Net Income

$1.6B

$506.0M

$1.9B

$512.0M

$960.0M

$1.1B

-$497.0M

$3.7B

$1.3B

$2.5B

$2.0B

$1.6B

$2.8B

$1.6B

$2.0B

EPS (Basic)

$1.87

$1.56

$1.30

$0.54

$1.11

$1.19

-$0.66

$3.53

$1.02

$1.82

$1.35

$1.10

$1.80

$2.28

$1.30

EPS (Diluted)

$1.83

$1.54

$1.28

$0.54

$1.07

$1.13

-$0.66

$3.23

$1.00

$1.73

$1.34

$1.09

$1.78

$2.25

$1.28

Shares Outstanding

871.0M

857.0M

844.0M

772.0M

899.0M

941.0M

895.0M

1.1B

1.3B

1.4B

1.5B

1.6B

Gross Margin

36.0%

32.6%

35.9%

31.2%

35.1%

39.5%

39.7%

40.1%

41.7%

42.5%

41.4%

45.3%

41.4%

38.8%

Operating Margin

14.6%

8.6%

15.0%

4.5%

11.3%

14.0%

15.9%

15.2%

14.5%

19.9%

17.5%

14.7%

21.7%

14.7%

7.2%

Profit Margin

10.2%

3.9%

13.5%

4.5%

8.3%

9.4%

-4.9%

39.4%

14.7%

25.4%

25.1%

20.4%

35.7%

20.4%

37.2%