Corning (GLW) Gross Margin (2009 - 2026)
Corning (GLW) reported Gross Margin of 36.87% for Q1 2026, up 170.0% on a YoY basis from 13.66% in Q1 2025, and up 3.96% quarter-over-quarter from 35.47% in Q4 2025.
Corning (GLW) Gross Margin (2009 - 2026) Analysis & Trends
Corning has reported Gross Margin for 18 years, with the latest figure at 36.87% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 170.0% year-over-year to 36.87%; the trailing twelve-month figure through Mar 2026 stood at 36.36% (up 329.0% YoY), and the FY2025 full-year result was 35.97%, up 337.0% from the prior year.
- Gross Margin for Q1 2026 stood at 36.87%, up from 35.47% in the prior quarter.
- The five-year high for Gross Margin was 37.07% in Q3 2025, with the low at 26.86% in Q4 2022.
- Historically, Gross Margin has averaged 33.08% across 5 years, with a median of 33.53% in 2024.
- Annual changes were most pronounced in 2022 — Gross Margin tumbled 771 bps — and 2025, when it surged 685 bps.
- Corning's Gross Margin stood at 26.86% in 2022, then grew by 13 bps to 30.43% in 2023, then increased by 12 bps to 34.19% in 2024, then grew by 4 bps to 35.47% in 2025, then advanced by 4 bps to 36.87% in 2026.
- The last three Gross Margin figures came in at 36.87% (Q1 2026), 35.47% (Q4 2025), and 37.07% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 170.58 Bn | 165.55 Bn | 2.80 Bn | 36.75% |
| 2 | Corning | 152.19 Bn | 150.97 Bn | 1.53 Bn | 36.87% |
| 3 | TE Connectivity | 62.31 Bn | 61.34 Bn | 1.75 Bn | 36.78% |
| 4 | Flex | 56.36 Bn | 54.72 Bn | 702.00 Mn | 9.39% |
| 5 | Celestica | 42.71 Bn | 42.33 Bn | 437.20 Mn | 10.80% |
| 6 | Jabil | 37.62 Bn | 35.80 Bn | 746.00 Mn | 9.01% |
| 7 | Fabrinet | 22.26 Bn | 21.31 Bn | 144.34 Mn | 11.89% |
| 8 | Ttm Technologies | 17.40 Bn | 16.99 Bn | 181.18 Mn | 21.42% |
| 9 | Sanmina | 13.70 Bn | 12.12 Bn | 353.79 Mn | 8.82% |
| 10 | Vicor | 12.32 Bn | 11.92 Bn | 62.37 Mn | 55.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 37.56% |