Corning Inc logo

Corning Inc

GLW

NYSETechnologyHardware, Equipment & Parts

Regular session

$142.74

−$7.10 · -4.74%

Aug 24, 10:11 AM ET

GLW company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

22

Expensive

Momentum

49

Neutral

Sentiment

65

Bullish

Risk resilience

48

Elevated Risk

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Company profile

Company website

Corning Incorporated operates in optical communications, display, specialty materials, automotive, and life sciences businesses in the United States, Canada, Mexico, Japan, Taiwan, China, South Korea, Germany, and internationally. The company provides optical fibers and cables; and hardware and equipment products, such as cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories for the telecommunications industry, businesses, governments, and individuals. It also offers glass substrates for flat panel displays, including liquid crystal displays and organic light-emitting diodes that are used in televisions, notebook computers, desktop monitors, tablets, and handheld devices. In addition, it manufactures products that offer material formulations for glass, glass ceramics, crystals, precision metrology instruments, and software, as well as glass wafers and substrates, tinted sunglasses, and radiation shielding products for markets, such as mobile consumer electronics, semiconductor equipment optics and consumables, aerospace and defense optics, radiation shielding products, sunglasses, and telecommunications components. Further, the company provides ceramic substrates and filter products for emissions control in mobile, gasoline, and diesel applications, as well as technical glass and optic products and solutions for the interior and exterior of vehicles. Additionally, it offers laboratory products, including plastic vessels, liquid handling plastics, specialty surfaces, cell culture media, and serum, as well as general labware, and glassware and equipment under the Corning, Falcon, PYREX, and Axygen brands. It also offers polysilicon products and pharmaceutical glass tubing and vials. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York.

Industry
Hardware, Equipment & Parts
Sector
Technology
Headquarters
US
CEO
Wendell Weeks
Listed since
Dec 31, 1981
Employees
67,200

Market position

Day range

Current $142.74

52-week range

Current $142.74

Open
$145.86
Previous close
$149.84
Volume
1.89M
0.13× average
Average volume
14.04M
Average daily volume
Market cap
122.95B USD
Beta
1.15
Market reference 1
50-day average
$174.11
-18.02% below average
200-day average
$140.63
+1.50% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
84B USD
P/E (TTM)
64.59×
P/B (TTM)
9.77×
P/S (TTM)
7.25×
EV / EBITDA
22.49×
Earnings yield
2.12%
Free cash flow yield
1.88%
Dividend yield
0.78%

Profitability & efficiency

Gross margin
36.32%
Operating margin
15.47%
Net margin
11.20%
Return on equity
13.52%
Return on assets
5.15%
Return on invested capital
7.54%

Financial health

Debt / equity
0.75×
Current ratio
1.59×
Altman Z-score
5.59
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends39%26%13%1%Gross margin, FY2021: 35.95%Gross margin, FY2022: 31.76%Gross margin, FY2023: 31.23%Gross margin, FY2024: 32.60%Gross margin, FY2025: 35.28%Operating margin, FY2021: 15.00%Operating margin, FY2022: 10.13%Operating margin, FY2023: 7.07%Operating margin, FY2024: 8.65%Operating margin, FY2025: 14.91%Net margin, FY2021: 13.54%Net margin, FY2022: 9.27%Net margin, FY2023: 4.62%Net margin, FY2024: 3.86%Net margin, FY2025: 10.21%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 35.95%. Gross margin FY2022 31.76%. Gross margin FY2023 31.23%. Gross margin FY2024 32.60%. Gross margin FY2025 35.28%. Operating margin FY2021 15.00%. Operating margin FY2022 10.13%. Operating margin FY2023 7.07%. Operating margin FY2024 8.65%. Operating margin FY2025 14.91%. Net margin FY2021 13.54%. Net margin FY2022 9.27%. Net margin FY2023 4.62%. Net margin FY2024 3.86%. Net margin FY2025 10.21%.

Income trends

Revenue

15.63B USD+19.14%

Operating income

2.33B USD+105.37%

Net income

1.6B USD+215.42%
Income trends across reported periods17.14B USD11.09B USD5.04B USD−1.01B USDRevenue, FY2021: 14.08B USDRevenue, FY2022: 14.19B USDRevenue, FY2023: 12.59B USDRevenue, FY2024: 13.12B USDRevenue, FY2025: 15.63B USDOperating income, FY2021: 2.11B USDOperating income, FY2022: 1.44B USDOperating income, FY2023: 890M USDOperating income, FY2024: 1.14B USDOperating income, FY2025: 2.33B USDNet income, FY2021: 1.91B USDNet income, FY2022: 1.32B USDNet income, FY2023: 581M USDNet income, FY2024: 506M USDNet income, FY2025: 1.6B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 14.08B USD. Revenue FY2022 14.19B USD. Revenue FY2023 12.59B USD. Revenue FY2024 13.12B USD. Revenue FY2025 15.63B USD. Operating income FY2021 2.11B USD. Operating income FY2022 1.44B USD. Operating income FY2023 890M USD. Operating income FY2024 1.14B USD. Operating income FY2025 2.33B USD. Net income FY2021 1.91B USD. Net income FY2022 1.32B USD. Net income FY2023 581M USD. Net income FY2024 506M USD. Net income FY2025 1.6B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue15.63B USD13.12B USD12.59B USD14.19B USD14.08B USD
Cost of goods sold10.12B USD8.84B USD8.66B USD9.68B USD9.02B USD
Gross profit5.51B USD4.28B USD3.93B USD4.51B USD5.06B USD
Research and development1.11B USD1.09B USD1.08B USD1.05B USD995M USD
Selling, general, and administrative2.07B USD1.93B USD1.84B USD1.9B USD1.83B USD
Operating expenses3.18B USD3.14B USD3.04B USD3.07B USD2.95B USD
Interest income38M USD47M USD38M USD15M USD11M USD
Interest expense336M USD329M USD329M USD292M USD300M USD
Depreciation and amortization1.35B USD1.35B USD1.37B USD1.45B USD1.48B USD
Operating income2.33B USD1.14B USD890M USD1.44B USD2.11B USD
Net income1.6B USD506M USD581M USD1.32B USD1.91B USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
91%
10 beats, 1 miss, 0 met estimates
Average EPS surprise
+2.74%
11 comparable reports
Latest EPS result
0.78
Estimate 0.76 · Beat by 3.31%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.920.770.620.47Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 29, 2025: actual 0.57, estimate 0.56, surprise +1.79%, Beat. Q2 2025, reported Apr 29, 2025: actual 0.54, estimate 0.507, surprise +6.51%, Beat. Q3 2025, reported Jul 29, 2025: actual 0.6, estimate 0.571, surprise +5.08%, Beat. Q4 2025, reported Oct 28, 2025: actual 0.67, estimate 0.665, surprise +0.75%, Beat. Q1 2026, reported Jan 28, 2026: actual 0.72, estimate 0.707, surprise +1.84%, Beat. Q2 2026, reported Apr 28, 2026: actual 0.7, estimate 0.692, surprise +1.16%, Beat. Q3 2026, reported Jul 28, 2026: actual 0.78, estimate 0.755, surprise +3.31%, Beat. Q4 2026, reported Oct 27, 2026: actual —, estimate 0.88, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates5.19B4.54B3.9B3.25BQ1 '25MissQ2 '25MissQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 29, 2025: actual 3.5B USD, estimate 3.76B USD, surprise -6.98%, Miss. Q2 2025, reported Apr 29, 2025: actual 3.45B USD, estimate 3.64B USD, surprise -5.25%, Miss. Q3 2025, reported Jul 29, 2025: actual 3.86B USD, estimate 3.86B USD, surprise +0.15%, Beat. Q4 2025, reported Oct 28, 2025: actual 4.1B USD, estimate 4.23B USD, surprise -3.11%, Miss. Q1 2026, reported Jan 28, 2026: actual 4.41B USD, estimate 4.36B USD, surprise +1.15%, Beat. Q2 2026, reported Apr 28, 2026: actual 4.35B USD, estimate 4.3B USD, surprise +1.09%, Beat. Q3 2026, reported Jul 28, 2026: actual 4.74B USD, estimate 4.63B USD, surprise +2.33%, Beat. Q4 2026, reported Oct 27, 2026: actual —, estimate 4.99B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$179.29

25.61% upside
Past 12 months12-month forecastHigh $210Average $179.29Low $129

Rating distribution

37 ratings
Strong buy00%
Buy2157%
Hold1438%
Sell25%
Strong sell00%

Recent analyst actions

12 institutions

GLW news

Corporate actions

Corporate action history

Stock split

Effective Oct 4, 2000

3:1

Stock split

Effective Feb 11, 1992

2:1

Stock split

Effective Feb 15, 1989

2:1

Stock split

Effective Feb 13, 1985

2:1

Stock split

Effective Feb 26, 1973

5:2

GLW peers

ETFs holding GLW

Funds reporting this stock among their holdings, ordered by reported position size.

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