Corning Incorporated
GLW
43.88
USD+0.91
(+2.12%)Day's range
42.77
44.05
52 wk Range
31.2
55.33
GLW Income Statement
| Period Ending | Dec 31, 1985 | Dec 31, 1986 | Dec 31, 1987 | Dec 31, 1988 | Dec 31, 1989 | Dec 31, 1990 | Dec 31, 1991 | Dec 31, 1992 | Jan 02, 1994 | Jan 01, 1995 | Dec 31, 1995 | Dec 31, 1996 | Dec 31, 1997 | Dec 31, 1998 | Dec 31, 1999 | Dec 31, 2000 | Dec 31, 2001 | Dec 31, 2002 | Dec 31, 2003 | Dec 31, 2004 | Dec 31, 2005 | Dec 31, 2006 | Dec 31, 2007 | Dec 31, 2008 | Dec 31, 2009 | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1,690,500,000 | 1,856,300,000 | 2,083,700,000 | 2,121,500,000 | 2,439,200,000 | 2,940,500,000 | 3,259,200,000 | 3,708,700,000 | 4,004,800,000 | 4,770,500,000 | 5,313,100,000 | 3,651,600,000 | 4,089,700,000 | 3,484,000,000 | 4,297,200,000 | 7,273,000,000 | 6,272,000,000 | 3,164,000,000 | 3,090,000,000 | 3,854,000,000 | 4,579,000,000 | 5,174,000,000 | 5,860,000,000 | 5,948,000,000 | 5,395,000,000 | 6,632,000,000 | 7,890,000,000 | 8,012,000,000 | 7,819,000,000 | 9,715,000,000 | 9,111,000,000 | 9,390,000,000 | 10,116,000,000 | 11,290,000,000 | 11,503,000,000 | 11,303,000,000 | 14,082,000,000 | 14,189,000,000 | 12,588,000,000 | 13,118,000,000 | |
| Cost of Revenue | 983,500,000 | 1,090,300,000 | 1,261,800,000 | 1,243,800,000 | 1,429,600,000 | 1,714,500,000 | 1,890,300,000 | 2,163,100,000 | 2,316,600,000 | 2,722,500,000 | 3,008,600,000 | 1,970,800,000 | 2,084,600,000 | 1,855,900,000 | 2,320,200,000 | 3,611,000,000 | 4,380,000,000 | 2,562,000,000 | 2,241,000,000 | 2,439,000,000 | 2,595,000,000 | 2,891,000,000 | 3,111,000,000 | 3,210,000,000 | 3,302,000,000 | 3,583,000,000 | 4,324,000,000 | 4,615,000,000 | 4,495,000,000 | 5,663,000,000 | 5,458,000,000 | 5,644,000,000 | 6,084,000,000 | 6,829,000,000 | 7,468,000,000 | 7,772,000,000 | 9,019,000,000 | 9,683,000,000 | 8,657,000,000 | 8,842,000,000 | |
| Gross Profit | 707,000,000 | 766,000,000 | 821,900,000 | 877,700,000 | 1,009,600,000 | 1,226,000,000 | 1,368,900,000 | 1,545,600,000 | 1,688,200,000 | 2,048,000,000 | 2,304,500,000 | 1,680,800,000 | 2,005,100,000 | 1,628,100,000 | 1,977,000,000 | 3,662,000,000 | 1,892,000,000 | 602,000,000 | 849,000,000 | 1,415,000,000 | 1,984,000,000 | 2,283,000,000 | 2,749,000,000 | 2,738,000,000 | 2,093,000,000 | 3,049,000,000 | 3,566,000,000 | 3,397,000,000 | 3,324,000,000 | 4,052,000,000 | 3,653,000,000 | 3,746,000,000 | 4,032,000,000 | 4,461,000,000 | 4,035,000,000 | 3,531,000,000 | 5,063,000,000 | 4,506,000,000 | 3,931,000,000 | 4,276,000,000 | |
| Gross Profit Margin | 0.418 | 0.413 | 0.394 | 0.414 | 0.414 | 0.417 | 0.42 | 0.417 | 0.422 | 0.429 | 0.434 | 0.46 | 0.49 | 0.467 | 0.46 | 0.504 | 0.302 | 0.19 | 0.275 | 0.367 | 0.433 | 0.441 | 0.469 | 0.46 | 0.388 | 0.46 | 0.452 | 0.424 | 0.425 | 0.417 | 0.401 | 0.399 | 0.399 | 0.395 | 0.351 | 0.312 | 0.36 | 0.318 | 0.312 | 0.326 | |
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 189,200,000 | 250,700,000 | 293,900,000 | 362,600,000 | 540,000,000 | 631,000,000 | 483,000,000 | 344,000,000 | 355,000,000 | 443,000,000 | 517,000,000 | 565,000,000 | 627,000,000 | 563,000,000 | 603,000,000 | 671,000,000 | 745,000,000 | 710,000,000 | 815,000,000 | 769,000,000 | 742,000,000 | 860,000,000 | 993,000,000 | 1,031,000,000 | 1,154,000,000 | 995,000,000 | 1,047,000,000 | 1,076,000,000 | 1,089,000,000 | |
| General & Administrative Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Selling & Marketing Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| SG&A Expenses | 443,400,000 | 468,200,000 | 529,100,000 | 533,800,000 | 655,800,000 | 706,300,000 | 753,200,000 | 906,600,000 | 947,100,000 | 1,048,600,000 | 1,340,200,000 | 831,100,000 | 671,400,000 | 487,700,000 | 602,500,000 | 1,047,000,000 | 1,097,000,000 | 716,000,000 | 599,000,000 | 653,000,000 | 756,000,000 | 857,000,000 | 912,000,000 | 901,000,000 | 881,000,000 | 1,015,000,000 | 1,033,000,000 | 1,165,000,000 | 1,126,000,000 | 1,211,000,000 | 1,523,000,000 | 1,472,000,000 | 1,467,000,000 | 1,799,000,000 | 1,585,000,000 | 1,747,000,000 | 1,827,000,000 | 1,898,000,000 | 1,843,000,000 | 1,931,000,000 | |
| Other Expenses | 126,700,000 | 130,100,000 | 145,700,000 | 153,900,000 | 171,300,000 | 211,200,000 | 231,300,000 | 248,200,000 | 280,400,000 | 338,400,000 | 377,400,000 | 288,100,000 | 321,600,000 | 298,000,000 | 380,700,000 | 520,000,000 | 439,000,000 | 43,000,000 | 450,000,000 | 71,000,000 | 210,000,000 | 57,000,000 | 195,000,000 | -329,000,000 | 10,000,000 | 8,000,000 | 15,000,000 | 83,000,000 | 667,000,000 | 1,394,000,000 | -101,000,000 | -84,000,000 | -103,000,000 | -216,000,000 | 113,000,000 | 121,000,000 | 129,000,000 | 123,000,000 | 0 | 121,000,000 | |
| Total Operating Expenses | 570,100,000 | 598,300,000 | 674,800,000 | 687,700,000 | 827,100,000 | 917,500,000 | 984,500,000 | 1,154,800,000 | 1,227,500,000 | 1,387,000,000 | 1,717,600,000 | 1,119,200,000 | 1,243,700,000 | 1,079,600,000 | 1,345,800,000 | 2,107,000,000 | 2,167,000,000 | 1,242,000,000 | 1,393,000,000 | 1,079,000,000 | 1,409,000,000 | 1,431,000,000 | 1,672,000,000 | 1,218,000,000 | 1,454,000,000 | 1,577,000,000 | 1,719,000,000 | 1,929,000,000 | 1,867,000,000 | 2,059,000,000 | 2,346,000,000 | 2,278,000,000 | 2,402,000,000 | 2,886,000,000 | 2,729,000,000 | 3,022,000,000 | 2,951,000,000 | 3,068,000,000 | 3,041,000,000 | 3,141,000,000 | |
| Total Costs & Expenses | 1,553,600,000 | 1,688,600,000 | 1,936,600,000 | 1,931,500,000 | 2,256,700,000 | 2,632,000,000 | 2,874,800,000 | 3,317,900,000 | 3,544,100,000 | 4,109,500,000 | 4,726,200,000 | 3,090,000,000 | 3,328,300,000 | 2,935,500,000 | 3,666,000,000 | 5,718,000,000 | 6,547,000,000 | 3,804,000,000 | 3,634,000,000 | 3,518,000,000 | 4,004,000,000 | 4,322,000,000 | 4,783,000,000 | 4,428,000,000 | 4,756,000,000 | 5,160,000,000 | 6,043,000,000 | 6,544,000,000 | 6,362,000,000 | 7,722,000,000 | 7,804,000,000 | 7,922,000,000 | 8,486,000,000 | 9,715,000,000 | 10,197,000,000 | 10,794,000,000 | 11,970,000,000 | 12,751,000,000 | 11,698,000,000 | 11,983,000,000 | |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 104,600,000 | 0 | 0 | 0 | 0 | 0 | 0 | 145,000,000 | 85,000,000 | 19,000,000 | 11,000,000 | 19,000,000 | 14,000,000 | 8,000,000 | 26,000,000 | 21,000,000 | 32,000,000 | 45,000,000 | 38,000,000 | 21,000,000 | 15,000,000 | 11,000,000 | 15,000,000 | 38,000,000 | 47,000,000 | |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 106,600,000 | 0 | 0 | 0 | 0 | 0 | 0 | 82,000,000 | 59,000,000 | 82,000,000 | 109,000,000 | 89,000,000 | 111,000,000 | 120,000,000 | 123,000,000 | 140,000,000 | 159,000,000 | 155,000,000 | 191,000,000 | 221,000,000 | 276,000,000 | 300,000,000 | 292,000,000 | 329,000,000 | 329,000,000 | |
| Depreciation & Amortization | 126,700,000 | 130,100,000 | 145,700,000 | 153,900,000 | 171,300,000 | 211,200,000 | 231,300,000 | 248,200,000 | 280,400,000 | 338,400,000 | 377,400,000 | 288,100,000 | 321,600,000 | 298,000,000 | 380,700,000 | 520,000,000 | 1,080,000,000 | 661,000,000 | 517,000,000 | 523,000,000 | 512,000,000 | 591,000,000 | 607,000,000 | 695,000,000 | 792,000,000 | 854,000,000 | 957,000,000 | 997,000,000 | 1,002,000,000 | 1,200,000,000 | 1,184,000,000 | 1,195,000,000 | 1,158,000,000 | 1,293,000,000 | 1,503,000,000 | 1,520,000,000 | 1,481,000,000 | 1,452,000,000 | 1,369,000,000 | 1,350,000,000 | |
| EBITDA | 263,600,000 | 297,800,000 | 292,800,000 | 343,900,000 | 353,800,000 | 519,700,000 | 615,700,000 | 639,000,000 | 741,100,000 | 999,400,000 | 744,200,000 | 757,600,000 | 968,500,000 | 1,008,800,000 | 1,142,000,000 | 1,841,000,000 | 729,000,000 | 21,000,000 | -27,000,000 | -968,000,000 | 1,179,000,000 | 1,628,000,000 | 1,980,000,000 | 2,277,000,000 | 2,814,000,000 | 4,806,000,000 | 4,256,000,000 | 3,220,000,000 | 2,459,000,000 | 3,046,000,000 | 2,517,000,000 | 2,640,000,000 | 2,766,000,000 | 2,897,000,000 | 3,163,000,000 | 2,865,000,000 | 3,774,000,000 | 3,357,000,000 | 2,514,000,000 | 2,492,000,000 | |
| EBITDA Margin | 0.156 | 0.16 | 0.141 | 0.162 | 0.145 | 0.177 | 0.189 | 0.172 | 0.185 | 0.209 | 0.14 | 0.207 | 0.237 | 0.29 | 0.266 | 0.253 | 0.116 | 0.007 | -0.009 | -0.251 | 0.257 | 0.315 | 0.338 | 0.383 | 0.522 | 0.725 | 0.539 | 0.402 | 0.314 | 0.314 | 0.276 | 0.281 | 0.273 | 0.257 | 0.275 | 0.253 | 0.268 | 0.237 | 0.2 | 0.19 | |
| Operating Income | 136,900,000 | 167,700,000 | 147,100,000 | 190,000,000 | 182,500,000 | 308,500,000 | 384,400,000 | 390,800,000 | 460,700,000 | 661,000,000 | 586,900,000 | 561,600,000 | 761,400,000 | 548,500,000 | 631,200,000 | 1,555,000,000 | -6,000,000,000 | -2,720,000,000 | -655,000,000 | -1,453,000,000 | 613,000,000 | 846,000,000 | 1,081,000,000 | 1,520,000,000 | 391,000,000 | 1,801,000,000 | 1,694,000,000 | 1,321,000,000 | 1,371,000,000 | 1,931,000,000 | 1,322,000,000 | 1,391,000,000 | 1,630,000,000 | 1,575,000,000 | 1,306,000,000 | 509,000,000 | 2,112,000,000 | 1,438,000,000 | 890,000,000 | 1,135,000,000 | |
| Operating Income Margin | 0.081 | 0.09 | 0.071 | 0.09 | 0.075 | 0.105 | 0.118 | 0.105 | 0.115 | 0.139 | 0.11 | 0.154 | 0.186 | 0.157 | 0.147 | 0.214 | -0.957 | -0.86 | -0.212 | -0.377 | 0.134 | 0.164 | 0.184 | 0.256 | 0.072 | 0.272 | 0.215 | 0.165 | 0.175 | 0.199 | 0.145 | 0.148 | 0.161 | 0.14 | 0.114 | 0.045 | 0.15 | 0.101 | 0.071 | 0.087 | |
| Total Other Income/Expenses (Net) | -24,300,000 | 47,400,000 | 97,300,000 | 205,600,000 | 193,800,000 | 116,700,000 | 37,400,000 | -32,000,000 | -440,600,000 | -209,600,000 | -445,900,000 | -30,600,000 | -15,600,000 | -44,200,000 | -62,000,000 | 60,400,000 | -63,000,000 | 0 | -104,000,000 | -127,000,000 | -54,000,000 | 115,000,000 | 210,000,000 | 3,000,000 | 1,543,000,000 | 2,044,000,000 | 1,498,000,000 | 791,000,000 | 1,102,000,000 | 1,637,000,000 | 164,000,000 | 2,268,000,000 | 27,000,000 | -72,000,000 | -90,000,000 | 114,000,000 | 314,000,000 | 359,000,000 | -74,000,000 | -322,000,000 | |
| Income Before Tax | 112,600,000 | 215,100,000 | 244,400,000 | 395,600,000 | 376,300,000 | 425,200,000 | 421,800,000 | 358,800,000 | 20,100,000 | 451,400,000 | 103,900,000 | 506,100,000 | 667,000,000 | 460,300,000 | 665,500,000 | 817,000,000 | -6,111,000,000 | -2,720,000,000 | -759,000,000 | -1,580,000,000 | 572,000,000 | 961,000,000 | 1,291,000,000 | 1,523,000,000 | 1,934,000,000 | 3,845,000,000 | 3,213,000,000 | 2,117,000,000 | 2,473,000,000 | 3,568,000,000 | 1,486,000,000 | 3,692,000,000 | 1,657,000,000 | 1,503,000,000 | 1,216,000,000 | 623,000,000 | 2,397,000,000 | 1,797,000,000 | 816,000,000 | 813,000,000 | |
| Pre-Tax Income Margin | 0.067 | 0.116 | 0.117 | 0.186 | 0.154 | 0.145 | 0.129 | 0.097 | 0.005 | 0.095 | 0.02 | 0.139 | 0.163 | 0.132 | 0.155 | 0.112 | -0.974 | -0.86 | -0.246 | -0.41 | 0.125 | 0.186 | 0.22 | 0.256 | 0.358 | 0.58 | 0.407 | 0.264 | 0.316 | 0.367 | 0.163 | 0.393 | 0.164 | 0.133 | 0.106 | 0.055 | 0.17 | 0.127 | 0.065 | 0.062 | |
| Income Tax Expense | 5,000,000 | 52,900,000 | 55,300,000 | 103,200,000 | 116,900,000 | 136,100,000 | 110,600,000 | 92,500,000 | 35,300,000 | 170,100,000 | 154,700,000 | 163,200,000 | 227,200,000 | 132,800,000 | 188,600,000 | 407,000,000 | -452,000,000 | -726,000,000 | -254,000,000 | 1,031,000,000 | 578,000,000 | 55,000,000 | 80,000,000 | -2,405,000,000 | -74,000,000 | 287,000,000 | 408,000,000 | 389,000,000 | 512,000,000 | 1,096,000,000 | 147,000,000 | -3,000,000 | 2,154,000,000 | 437,000,000 | 256,000,000 | 111,000,000 | 491,000,000 | 411,000,000 | 168,000,000 | 221,000,000 | |
| Net Income | 107,600,000 | 162,200,000 | 189,100,000 | 292,400,000 | 259,400,000 | 289,100,000 | 311,200,000 | -12,600,000 | -15,200,000 | 281,300,000 | -50,800,000 | 175,600,000 | 439,800,000 | 421,300,000 | 516,000,000 | 422,000,000 | -5,498,000,000 | -1,302,000,000 | -223,000,000 | -2,165,000,000 | 585,000,000 | 1,855,000,000 | 2,150,000,000 | 5,257,000,000 | 2,008,000,000 | 3,558,000,000 | 2,817,000,000 | 1,636,000,000 | 1,961,000,000 | 2,472,000,000 | 1,339,000,000 | 3,695,000,000 | -497,000,000 | 1,066,000,000 | 960,000,000 | 512,000,000 | 1,906,000,000 | 1,316,000,000 | 581,000,000 | 506,000,000 | |
| Net Income Margin | 0.064 | 0.087 | 0.091 | 0.138 | 0.106 | 0.098 | 0.095 | -0.003 | -0.004 | 0.059 | -0.01 | 0.048 | 0.108 | 0.121 | 0.12 | 0.058 | -0.877 | -0.412 | -0.072 | -0.562 | 0.128 | 0.359 | 0.367 | 0.884 | 0.372 | 0.536 | 0.357 | 0.204 | 0.251 | 0.254 | 0.147 | 0.394 | -0.049 | 0.094 | 0.083 | 0.045 | 0.135 | 0.093 | 0.046 | 0.039 | |
| Earnings Per Share (EPS) | 0.018 | 0.026 | 0.028 | 0.045 | 0.078 | 0.085 | 0.092 | -0.022 | -0.025 | 0.44 | -0.074 | 0.083 | 0.21 | 0.19 | 0.22 | 0.49 | -5.89 | -1.27 | -0.22 | -1.56 | 0.4 | 1.2 | 1.37 | 3.37 | 1.3 | 2.28 | 1.8 | 1.1 | 1.35 | 1.82 | 1.02 | 3.53 | -0.56 | 1.13 | 1.11 | 0.54 | 1.3 | 1.56 | 0.69 | 0.58 | |
| Diluted Earnings Per Share (EPS) | 0.018 | 0.026 | 0.028 | 0.045 | 0.078 | 0.085 | 0.092 | -0.022 | -0.025 | 0.44 | -0.074 | 0.083 | 0.21 | 0.19 | 0.22 | 0.49 | -5.89 | -1.27 | -0.22 | -1.56 | 0.38 | 1.16 | 1.34 | 3.32 | 1.28 | 2.25 | 1.78 | 1.09 | 1.34 | 1.73 | 1 | 3.23 | -0.56 | 1.13 | 1.07 | 0.54 | 1.28 | 1.54 | 0.68 | 0.58 | |
| Weighted Average Shares Outstanding | 515,267,267 | 518,726,727 | 541,081,081 | 533,681,682 | 565,870,871 | 551,681,682 | 581,282,282 | 582,276,276 | 602,510,511 | 634,545,455 | 689,400,000 | 686,100,000 | 694,800,000 | 694,500,000 | 2,295,000,000 | 859,183,673 | 933,616,299 | 1,028,776,978 | 1,013,636,364 | 1,386,000,000 | 1,462,500,000 | 1,545,833,333 | 1,566,000,000 | 1,560,000,000 | 1,550,000,000 | 1,558,000,000 | 1,562,000,000 | 1,494,000,000 | 1,452,000,000 | 1,305,000,000 | 1,219,000,000 | 1,020,000,000 | 895,000,000 | 941,000,000 | 776,000,000 | 761,000,000 | 828,000,000 | 843,000,000 | 848,000,000 | 872,413,793 | |
| Weighted Average Shares Outstanding (Diluted) | 515,267,267 | 518,726,727 | 541,081,081 | 533,681,682 | 565,870,871 | 551,681,682 | 581,282,282 | 582,276,276 | 602,510,511 | 634,545,455 | 689,400,000 | 686,100,000 | 694,800,000 | 694,500,000 | 2,385,000,000 | 2,619,000,000 | 933,616,299 | 1,028,776,978 | 1,013,636,364 | 1,386,000,000 | 1,539,473,684 | 1,599,137,931 | 1,566,000,000 | 1,584,000,000 | 1,568,000,000 | 1,581,000,000 | 1,583,000,000 | 1,506,000,000 | 1,462,000,000 | 1,427,000,000 | 1,343,000,000 | 1,144,000,000 | 895,000,000 | 941,000,000 | 899,000,000 | 772,000,000 | 844,000,000 | 857,000,000 | 859,000,000 | 869,000,000 |