Corning (GLW) Current Deferred Revenue (2018 - 2024)
Corning (GLW) posted Current Deferred Revenue of $205 million for Q3 2024, up 10.8% from $185 million a year earlier and up 6.2% from the prior quarter.
Corning (GLW) Current Deferred Revenue (2018 - 2024) Analysis & Trends
At the end of FY2023, Corning's Current Deferred Revenue came in at $181 million, up 25.7% from FY2022.
- Annual Current Deferred Revenue shows a five-year compound annual growth rate of 27.4% (FY2018 to FY2023).
- In prior years, Corning's Current Deferred Revenue was $144 million in FY2022 (-35.4%), $223 million in FY2021 (unchanged), $223 million in FY2020 (+114.4%) and $104 million in FY2019 (+92.6%).
- The Q3 2024 figure stands as the highest quarterly Current Deferred Revenue since Q1 2022.
- On a year-over-year basis, Current Deferred Revenue has increased in each of the last five quarters, with an average decline of 0.6% over the last eight quarters.
- The strongest year-over-year quarter for Current Deferred Revenue in the past five years was Q4 2020, with growth of 114.4%; the weakest was Q4 2022, with a decline of 35.4%.
- According to Business Quant data, Current Deferred Revenue for the three prior quarters was $193 million (Q2 2024), $188 million (Q1 2024) and $181 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Linde | 218.80 Bn | 201.92 Bn | 4.43 Bn |
| 2 | Corning | 132.43 Bn | 125.56 Bn | 1.63 Bn |
| 3 | Sherwin Williams | 78.49 Bn | 77.53 Bn | 3.34 Bn |
| 4 | Air Products & Chemicals | 61.97 Bn | 59.87 Bn | 1.04 Bn |
| 5 | Corteva | 51.82 Bn | 40.62 Bn | 3.66 Bn |
| 6 | LyondellBasell Industries | 37.12 Bn | 26.74 Bn | 2.04 Bn |
| 7 | Nutrien | 33.86 Bn | 30.73 Bn | 3.25 Bn |
| 8 | Qnity Electronics | 26.31 Bn | 23.73 Bn | 666.00 Mn |
| 9 | Ati | 25.78 Bn | 23.93 Bn | 309.80 Mn |
| 10 | Ppg Industries | 23.19 Bn | 15.99 Bn | 1.81 Bn |
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 |
Corning Current Deferred Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-deferred-revenue&ticker=GLW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-deferred-revenue", "ticker": "GLW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=current-deferred-revenue&ticker=GLW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();