Corning (GLW) Gross Margin (2009 - 2026)
Corning's (GLW) quarterly Gross Margin came in at 36.14% in Q2 2026, up 9.0% on a YoY basis from 33.15% in Q2 2025, and down 1.99% quarter-over-quarter from 36.87% in Q1 2026.
Analysis
Corning (GLW) Gross Margin (2009 - 2026) Analysis & Trends
Corning (GLW) has reported Gross Margin for 18 consecutive years, with 36.14% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 9.0% year-over-year to 36.14%; the trailing twelve-month figure through Jun 2026 stood at 36.38% (up 160.0% YoY), and the FY2025 full-year result was 35.97%, up 337.0% from the prior year.
- Gross Margin eased to 36.14% in Q2 2026 per GLW's latest filing, from 36.87% in the prior quarter.
- Across five years, Gross Margin topped out at 37.07% in Q3 2025 and bottomed at 26.86% in Q4 2022.
- Historically, Gross Margin has averaged 33.25% across 5 years, with a median of 33.86% in 2024.
- The sharpest annual moves came in 2022 and 2025: Gross Margin plunged 771 bps in 2022, then soared 685 bps in 2025.
- Over 5 years, Gross Margin stood at 26.86% in 2022, then rose by 13 bps to 30.43% in 2023, then gained by 12 bps to 34.19% in 2024, then rose by 4 bps to 35.47% in 2025, then rose by 2 bps to 36.14% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 36.14%, 36.87%, and 35.47% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Corning | 145.18 Bn | 142.67 Bn | 1.63 Bn | 36.14% |
| 2 | Ati | 28.28 Bn | 27.50 Bn | 309.80 Mn | 24.57% |
| 3 | Qnity Electronics | 26.28 Bn | 25.32 Bn | 666.00 Mn | 46.61% |
| 4 | International Flavors & Fragrances | 21.50 Bn | 20.93 Bn | 853.00 Mn | 43.65% |
| 5 | DuPont de Nemours | 17.40 Bn | 15.66 Bn | 639.00 Mn | 35.13% |
| 6 | Avery Dennison | 12.97 Bn | 12.74 Bn | 729.40 Mn | 29.62% |
| 7 | Solstice Advanced Materials | 10.03 Bn | 9.28 Bn | 370.00 Mn | 32.23% |
| 8 | Element Solutions | 8.73 Bn | 8.54 Bn | 334.00 Mn | 34.15% |
| 9 | Eastman Chemical | 7.82 Bn | 7.13 Bn | 560.00 Mn | 22.28% |
| 10 | Hexcel | 6.84 Bn | 6.78 Bn | 138.10 Mn | 26.09% |
Historic Data
Download Data
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% |