Corning (GLW) Exchange Rate Effect (2009 - 2026)
Corning's (GLW) quarterly Exchange Rate Effect came in at -$5.0 million in Q1 2026, down 162.5% on a YoY basis from $8.0 million in Q1 2025, and down 25.0% quarter-over-quarter from -$4.0 million in Q4 2025.
Analysis
Corning (GLW) Exchange Rate Effect (2009 - 2026) Analysis & Trends
Corning (GLW) has reported Exchange Rate Effect for 18 consecutive years, with -$5.0 million the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Exchange Rate Effect fell 162.5% year-over-year to -$5.0 million; the trailing twelve-month figure through Mar 2026 stood at $5.0 million (up 131.25% YoY), and the FY2025 full-year result was $18.0 million, up 142.86% from the prior year.
- Exchange Rate Effect declined to -$5.0 million in Q1 2026 per GLW's latest filing, from -$4.0 million in the prior quarter.
- Across five years, Exchange Rate Effect topped out at $29.0 million in Q4 2022 and bottomed at -$53.0 million in Q2 2022.
- Historically, Exchange Rate Effect has averaged -$7.1 million across 5 years, with a median of -$5.0 million in 2026.
- The widest YoY moves for Exchange Rate Effect: up 422.22% in 2022, down 857.14% in 2022.
- Over 5 years, Exchange Rate Effect stood at $29.0 million in 2022, then tumbled by 31.03% to $20.0 million in 2023, then slumped by 305.0% to -$41.0 million in 2024, then surged by 90.24% to -$4.0 million in 2025, then slipped by 25.0% to -$5.0 million in 2026.
- According to Business Quant data, Exchange Rate Effect over the past three periods registered -$5.0 million, -$4.0 million, and -$4.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Corning | 145.18 Bn | 142.67 Bn | 1.63 Bn | - |
| 2 | Ati | 28.28 Bn | 27.50 Bn | 309.80 Mn | 500,000.00 |
| 3 | Qnity Electronics | 26.28 Bn | 25.32 Bn | 666.00 Mn | -5.00 Mn |
| 4 | International Flavors & Fragrances | 21.50 Bn | 20.93 Bn | 853.00 Mn | 5.00 Mn |
| 5 | DuPont de Nemours | 17.40 Bn | 15.66 Bn | 639.00 Mn | -2.00 Mn |
| 6 | Avery Dennison | 12.97 Bn | 12.74 Bn | 729.40 Mn | 800,000.00 |
| 7 | Solstice Advanced Materials | 10.03 Bn | 9.28 Bn | 370.00 Mn | -1.00 Mn |
| 8 | Element Solutions | 8.73 Bn | 8.54 Bn | 334.00 Mn | -500,000.00 |
| 9 | Eastman Chemical | 7.82 Bn | 7.13 Bn | 560.00 Mn | 1.00 Mn |
| 10 | Hexcel | 6.84 Bn | 6.78 Bn | 138.10 Mn | -500,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -5.00 Mn |
| Dec 31, 2025 | -4.00 Mn |
| Sep 30, 2025 | -4.00 Mn |
| Jun 30, 2025 | 18.00 Mn |
| Mar 31, 2025 | 8.00 Mn |
| Dec 31, 2024 | -41.00 Mn |
| Sep 30, 2024 | 26.00 Mn |
| Jun 30, 2024 | -9.00 Mn |
| Mar 31, 2024 | -18.00 Mn |
| Dec 31, 2023 | 20.00 Mn |
| Sep 30, 2023 | -10.00 Mn |
| Dec 31, 2022 | 29.00 Mn |
| Sep 30, 2022 | -51.00 Mn |
| Jun 30, 2022 | -53.00 Mn |
| Mar 31, 2022 | -13.00 Mn |
| Dec 31, 2021 | -9.00 Mn |
| Sep 30, 2021 | -14.00 Mn |
| Jun 30, 2021 | 7.00 Mn |
| Mar 31, 2021 | -49.00 Mn |
| Dec 31, 2020 | 76.00 Mn |