Corning (GLW) Current Deferred Revenue (2018 - 2024)
Corning's (GLW) quarterly Current Deferred Revenue came in at $205.0 million in Q3 2024, up 10.81% on a YoY basis from $185.0 million in Q4 2023, and up 6.22% quarter-over-quarter from $193.0 million in Q2 2024.
Analysis
Corning (GLW) Current Deferred Revenue (2018 - 2024) Analysis & Trends
Corning (GLW) has reported Current Deferred Revenue for 7 consecutive years, with $205.0 million the latest figure, recorded in Q3 2024.
- For the quarter ending Q3 2024, Current Deferred Revenue rose 10.81% year-over-year to $205.0 million; the trailing twelve-month figure through Sep 2024 stood at $205.0 million (up 10.81% YoY), and the FY2023 full-year result was $181.0 million, up 25.69% from the prior year.
- Current Deferred Revenue grew to $205.0 million in Q3 2024 per GLW's latest filing, from $193.0 million in the prior quarter.
- Across five years, Current Deferred Revenue topped out at $236.0 million in Q1 2022 and bottomed at $144.0 million in Q4 2022.
- Historically, Current Deferred Revenue has averaged $195.6 million across 5 years, with a median of $192.0 million in 2020.
- The sharpest annual moves came in 2020 and 2022: Current Deferred Revenue soared 114.42% in 2020, then slumped 35.43% in 2022.
- Over 5 years, Current Deferred Revenue stood at $223.0 million in 2020, then changed by 0.0% to $223.0 million in 2021, then plunged by 35.43% to $144.0 million in 2022, then increased by 25.69% to $181.0 million in 2023, then gained by 13.26% to $205.0 million in 2024.
- According to Business Quant data, Current Deferred Revenue over the past three periods registered $205.0 million, $193.0 million, and $188.0 million for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Corning | 145.72 Bn | 143.22 Bn | 1.63 Bn |
| 2 | Ati | 28.37 Bn | 27.59 Bn | 309.80 Mn |
| 3 | Qnity Electronics | 26.33 Bn | 25.37 Bn | 666.00 Mn |
| 4 | International Flavors & Fragrances | 21.51 Bn | 20.94 Bn | 853.00 Mn |
| 5 | DuPont de Nemours | 17.42 Bn | 15.68 Bn | 639.00 Mn |
| 6 | Avery Dennison | 12.99 Bn | 12.76 Bn | 729.40 Mn |
| 7 | Solstice Advanced Materials | 10.05 Bn | 9.30 Bn | 370.00 Mn |
| 8 | Element Solutions | 8.74 Bn | 8.55 Bn | 334.00 Mn |
| 9 | Eastman Chemical | 7.84 Bn | 7.15 Bn | 560.00 Mn |
| 10 | Hexcel | 6.85 Bn | 6.79 Bn | 138.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 205.00 Mn |
| Jun 30, 2024 | 193.00 Mn |
| Mar 31, 2024 | 188.00 Mn |
| Dec 31, 2023 | 181.00 Mn |
| Sep 30, 2023 | 185.00 Mn |
| Jun 30, 2023 | 175.00 Mn |
| Mar 31, 2023 | 170.00 Mn |
| Dec 31, 2022 | 144.00 Mn |
| Sep 30, 2022 | 170.00 Mn |
| Jun 30, 2022 | 190.00 Mn |
| Mar 31, 2022 | 236.00 Mn |
| Dec 31, 2021 | 223.00 Mn |
| Sep 30, 2021 | 224.00 Mn |
| Jun 30, 2021 | 228.00 Mn |
| Mar 31, 2021 | 217.00 Mn |
| Dec 31, 2020 | 223.00 Mn |
| Sep 30, 2020 | 181.00 Mn |
| Jun 30, 2020 | 192.00 Mn |
| Mar 31, 2020 | 192.00 Mn |
| Dec 31, 2019 | 104.00 Mn |