Corning (GLW) Gross Margin (2009 - 2026)
Corning (GLW) recorded Gross Margin of 36.14% in Q2 2026, up 0.09 percentage points from 36.04% a year earlier but down 0.73 percentage points from the prior quarter.
Corning (GLW) Gross Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Corning's Gross Margin came in at 36.38% as of Jun 30, 2026, up 1.60 percentage points year-over-year; for FY2025, it was 35.97%, up 3.37 percentage points from FY2024.
- Annual Gross Margin has a five-year change of +4.73 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 32.60% in FY2024 (+1.37 pp), 31.23% in FY2023 (-0.53 pp), 31.76% in FY2022 (-4.20 pp) and 35.95% in FY2021 (+4.71 pp).
- Quarterly Gross Margin has ranged from 26.86% in Q4 2022 to 37.07% in Q3 2025 over the past five years.
- On a year-over-year basis, Gross Margin has increased for eight consecutive quarters, with an average year-over-year change of +2.61 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 6.85 percentage points in Q2 2025, against a drop of 7.71 percentage points in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 36.87% (Q1 2026), 35.47% (Q4 2025) and 37.07% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 217.60 Bn | 200.72 Bn | 4.43 Bn | 47.67% |
| 2 | Corning | 130.50 Bn | 123.63 Bn | 1.63 Bn | 36.14% |
| 3 | Sherwin Williams | 80.80 Bn | 79.84 Bn | 3.34 Bn | 49.17% |
| 4 | Air Products & Chemicals | 62.07 Bn | 59.97 Bn | 1.04 Bn | 32.77% |
| 5 | Corteva | 51.85 Bn | 40.65 Bn | 3.66 Bn | 57.39% |
| 6 | LyondellBasell Industries | 37.65 Bn | 27.27 Bn | 2.04 Bn | 22.21% |
| 7 | Nutrien | 34.70 Bn | 31.57 Bn | 3.25 Bn | 30.07% |
| 8 | Qnity Electronics | 26.13 Bn | 23.56 Bn | 666.00 Mn | 46.61% |
| 9 | Ati | 24.61 Bn | 22.75 Bn | 309.80 Mn | 24.57% |
| 10 | Ppg Industries | 23.77 Bn | 16.57 Bn | 1.81 Bn | 40.22% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.14% |
| Mar 31, 2026 | 36.87% |
| Dec 31, 2025 | 35.47% |
| Sep 30, 2025 | 37.07% |
| Jun 30, 2025 | 36.04% |
| Mar 31, 2025 | 35.17% |
| Dec 31, 2024 | 34.19% |
| Sep 30, 2024 | 33.53% |
| Jun 30, 2024 | 29.19% |
| Mar 31, 2024 | 33.38% |
| Dec 31, 2023 | 30.43% |
| Sep 30, 2023 | 31.64% |
| Jun 30, 2023 | 31.24% |
| Mar 31, 2023 | 31.56% |
| Dec 31, 2022 | 26.86% |
| Sep 30, 2022 | 30.45% |
| Jun 30, 2022 | 34.47% |
| Mar 31, 2022 | 34.86% |
| Dec 31, 2021 | 34.58% |
| Sep 30, 2021 | 36.54% |
Corning Gross Margin 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=gross-margin&ticker=GLW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=GLW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();