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| Date | Value |
|---|---|
| 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 |