Corning (GLW) Current Deferred Revenue (2018 - 2024)

Corning (GLW) reported Current Deferred Revenue of $179.0 million for Q3 2024, up 10.49% on a YoY basis from $162.0 million in Q4 2023, and up 0.56% quarter-over-quarter from $178.0 million in Q2 2024.

Corning (GLW) Current Deferred Revenue (2018 - 2024) Analysis & Trends

Corning has reported Current Deferred Revenue for 7 years, with the latest figure at $179.0 million in Q3 2024.

  • For the quarter ending Q3 2024, Current Deferred Revenue rose 10.49% year-over-year to $179.0 million; the trailing twelve-month figure through Sep 2024 stood at $179.0 million (up 10.49% YoY), and the FY2023 full-year result was $148.0 million, up 2.78% from the prior year.
  • Current Deferred Revenue for Q3 2024 stood at $179.0 million, up from $178.0 million in the prior quarter.
  • The five-year high for Current Deferred Revenue was $1.1 billion in Q3 2020, with the low at $136.0 million in Q1 2022.
  • Historically, Current Deferred Revenue has averaged $224.3 million across 5 years, with a median of $178.0 million in 2024.
  • Annual changes were most pronounced in 2020 — Current Deferred Revenue surged 114.42% — and 2021, when it plunged 79.07%.
  • Corning's Current Deferred Revenue stood at $223.0 million in 2020, then tumbled by 33.63% to $148.0 million in 2021, then retreated by 2.7% to $144.0 million in 2022, then increased by 2.78% to $148.0 million in 2023, then gained by 20.95% to $179.0 million in 2024.
  • The last three Current Deferred Revenue figures came in at $179.0 million (Q3 2024), $178.0 million (Q2 2024), and $188.0 million (Q1 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Amphenol 170.58 Bn 165.55 Bn 2.80 Bn
2 Corning 152.19 Bn 150.97 Bn 1.53 Bn
3 TE Connectivity 62.31 Bn 61.34 Bn 1.75 Bn
4 Flex 56.36 Bn 54.72 Bn 702.00 Mn
5 Celestica 42.71 Bn 42.33 Bn 437.20 Mn
6 Jabil 37.62 Bn 35.80 Bn 746.00 Mn
7 Fabrinet 22.26 Bn 21.31 Bn 144.34 Mn
8 Ttm Technologies 17.40 Bn 16.99 Bn 181.18 Mn
9 Sanmina 13.70 Bn 12.12 Bn 353.79 Mn
10 Vicor 12.32 Bn 11.92 Bn 62.37 Mn

Historic Data

Download Data
DateValue
Sep 30, 2024 179.00 Mn
Jun 30, 2024 178.00 Mn
Mar 31, 2024 188.00 Mn
Dec 31, 2023 148.00 Mn
Sep 30, 2023 162.00 Mn
Jun 30, 2023 175.00 Mn
Mar 31, 2023 170.00 Mn
Dec 31, 2022 144.00 Mn
Sep 30, 2022 166.00 Mn
Jun 30, 2022 190.00 Mn
Mar 31, 2022 136.00 Mn
Dec 31, 2021 148.00 Mn
Sep 30, 2021 224.00 Mn
Jun 30, 2021 159.00 Mn
Mar 31, 2021 217.00 Mn
Dec 31, 2020 223.00 Mn
Sep 30, 2020 1.07 Bn
Jun 30, 2020 192.00 Mn
Mar 31, 2020 192.00 Mn
Dec 31, 2019 104.00 Mn