Corning (GLW) Cost of Revenue (2009 - 2026)
Corning's (GLW) quarterly Cost of Revenue came in at $2.9 billion in Q2 2026, up 16.48% on a YoY basis from $2.5 billion in Q2 2025, and up 9.98% quarter-over-quarter from $2.6 billion in Q1 2026.
Analysis
Corning (GLW) Cost of Revenue (2009 - 2026) Analysis & Trends
Corning (GLW) has reported Cost of Revenue for 18 consecutive years, with $2.9 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cost of Revenue rose 16.48% year-over-year to $2.9 billion; the trailing twelve-month figure through Jun 2026 stood at $10.8 billion (up 16.48% YoY), and the FY2025 full-year result was $10.0 billion, up 13.19% from the prior year.
- Cost of Revenue grew to $2.9 billion in Q2 2026 per GLW's latest filing, from $2.6 billion in the prior quarter.
- Across five years, Cost of Revenue topped out at $2.9 billion in Q2 2026 and bottomed at $2.0 billion in Q1 2024.
- Historically, Cost of Revenue has averaged $2.4 billion across 5 years, with a median of $2.3 billion in 2022.
- The sharpest annual moves came in 2023 and 2025: Cost of Revenue dropped 16.38% in 2023, then rose 18.06% in 2025.
- Over 5 years, Cost of Revenue stood at $2.5 billion in 2022, then fell by 16.38% to $2.1 billion in 2023, then grew by 10.61% to $2.3 billion in 2024, then gained by 18.06% to $2.7 billion in 2025, then gained by 5.77% to $2.9 billion in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $2.9 billion, $2.6 billion, and $2.7 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Corning | 145.93 Bn | 143.42 Bn | 1.63 Bn | 2.88 Bn |
| 2 | Ati | 28.55 Bn | 27.77 Bn | 309.80 Mn | 951.30 Mn |
| 3 | Qnity Electronics | 26.19 Bn | 25.23 Bn | 666.00 Mn | 763.00 Mn |
| 4 | International Flavors & Fragrances | 21.57 Bn | 21.00 Bn | 853.00 Mn | 1.10 Bn |
| 5 | DuPont de Nemours | 17.59 Bn | 15.85 Bn | 639.00 Mn | 1.18 Bn |
| 6 | Avery Dennison | 12.98 Bn | 12.75 Bn | 729.40 Mn | 1.73 Bn |
| 7 | Solstice Advanced Materials | 10.11 Bn | 9.36 Bn | 370.00 Mn | 778.00 Mn |
| 8 | Element Solutions | 8.83 Bn | 8.64 Bn | 334.00 Mn | 643.90 Mn |
| 9 | Eastman Chemical | 7.86 Bn | 7.17 Bn | 560.00 Mn | 1.95 Bn |
| 10 | Hexcel | 6.88 Bn | 6.82 Bn | 138.10 Mn | 391.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.88 Bn |
| Mar 31, 2026 | 2.62 Bn |
| Dec 31, 2025 | 2.72 Bn |
| Sep 30, 2025 | 2.58 Bn |
| Jun 30, 2025 | 2.47 Bn |
| Mar 31, 2025 | 2.24 Bn |
| Dec 31, 2024 | 2.30 Bn |
| Sep 30, 2024 | 2.25 Bn |
| Jun 30, 2024 | 2.30 Bn |
| Mar 31, 2024 | 1.98 Bn |
| Dec 31, 2023 | 2.08 Bn |
| Sep 30, 2023 | 2.17 Bn |
| Jun 30, 2023 | 2.23 Bn |
| Mar 31, 2023 | 2.18 Bn |
| Dec 31, 2022 | 2.49 Bn |
| Sep 30, 2022 | 2.43 Bn |
| Jun 30, 2022 | 2.37 Bn |
| Mar 31, 2022 | 2.40 Bn |
| Dec 31, 2021 | 2.41 Bn |
| Sep 30, 2021 | 2.29 Bn |