Corning (GLW) Cost of Revenue (2009 - 2026)
Corning (GLW) reported Cost of Revenue of $2.6 billion for Q1 2026, up 16.89% on a YoY basis from $2.2 billion in Q1 2025, and down 3.82% quarter-over-quarter from $2.7 billion in Q4 2025.
Corning (GLW) Cost of Revenue (2009 - 2026) Analysis & Trends
Corning has reported Cost of Revenue for 18 years, with the latest figure at $2.6 billion in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 16.89% year-over-year to $2.6 billion; the trailing twelve-month figure through Mar 2026 stood at $10.4 billion (up 14.16% YoY), and the FY2025 full-year result was $10.0 billion, up 13.19% from the prior year.
- Cost of Revenue for Q1 2026 stood at $2.6 billion, down from $2.7 billion in the prior quarter.
- The five-year high for Cost of Revenue was $2.7 billion in Q4 2025, with the low at $2.0 billion in Q1 2024.
- Historically, Cost of Revenue has averaged $2.3 billion across 5 years, with a median of $2.3 billion in 2024.
- Annual changes were most pronounced in 2023 — Cost of Revenue slipped 16.38% — and 2025, when it increased 18.06%.
- Corning's Cost of Revenue stood at $2.5 billion in 2022, then dropped by 16.38% to $2.1 billion in 2023, then advanced by 10.61% to $2.3 billion in 2024, then increased by 18.06% to $2.7 billion in 2025, then dropped by 3.82% to $2.6 billion in 2026.
- The last three Cost of Revenue figures came in at $2.6 billion (Q1 2026), $2.7 billion (Q4 2025), and $2.6 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 188.83 Bn | 183.80 Bn | 2.80 Bn | 4.82 Bn |
| 2 | Corning | 153.95 Bn | 152.73 Bn | 1.53 Bn | 2.62 Bn |
| 3 | TE Connectivity | 61.67 Bn | 60.70 Bn | 1.75 Bn | 3.00 Bn |
| 4 | Flex | 55.58 Bn | 53.94 Bn | 702.00 Mn | 6.75 Bn |
| 5 | Celestica | 45.29 Bn | 44.91 Bn | 437.20 Mn | 3.61 Bn |
| 6 | Jabil | 40.99 Bn | 39.16 Bn | 746.00 Mn | 7.54 Bn |
| 7 | Fabrinet | 21.87 Bn | 20.92 Bn | 144.34 Mn | 1.07 Bn |
| 8 | Ttm Technologies | 20.09 Bn | 19.68 Bn | 181.18 Mn | 664.80 Mn |
| 9 | Sanmina | 13.86 Bn | 12.28 Bn | 353.79 Mn | 3.66 Bn |
| 10 | Vicor | 13.81 Bn | 13.40 Bn | 62.37 Mn | 50.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.62 Bn |
| Mar 31, 2026 | 2.62 Bn |
| Dec 31, 2025 | 2.72 Bn |
| Dec 31, 2025 | 2.72 Bn |
| Sep 30, 2025 | 2.58 Bn |
| Sep 30, 2025 | 2.58 Bn |
| Jun 30, 2025 | 2.47 Bn |
| Jun 30, 2025 | 2.47 Bn |
| Mar 31, 2025 | 2.24 Bn |
| Mar 31, 2025 | 2.24 Bn |
| Dec 31, 2024 | 2.30 Bn |
| Dec 31, 2024 | 2.30 Bn |
| Sep 30, 2024 | 2.25 Bn |
| Sep 30, 2024 | 2.25 Bn |
| Jun 30, 2024 | 2.30 Bn |
| Jun 30, 2024 | 2.30 Bn |
| Mar 31, 2024 | 1.98 Bn |
| Mar 31, 2024 | 1.98 Bn |
| Dec 31, 2023 | 2.08 Bn |
| Dec 31, 2023 | 2.08 Bn |