Corning (GLW) Non-Current Deffered Revenue (2017 - 2024)
Corning (GLW) reported Non-Current Deffered Revenue of $678.0 million for Q3 2024, up 1.35% on a YoY basis from $669.0 million in Q4 2023, and up 13.57% quarter-over-quarter from $597.0 million in Q2 2024.
Corning (GLW) Non-Current Deffered Revenue (2017 - 2024) Analysis & Trends
Corning has reported Non-Current Deffered Revenue for 8 years, with the latest figure at $678.0 million in Q3 2024.
- For the quarter ending Q3 2024, Non-Current Deffered Revenue rose 1.35% year-over-year to $678.0 million; the trailing twelve-month figure through Sep 2024 stood at $678.0 million (up 1.35% YoY), and the FY2023 full-year result was $1.1 billion, down 4.75% from the prior year.
- Non-Current Deffered Revenue for Q3 2024 stood at $678.0 million, up from $597.0 million in the prior quarter.
- The five-year high for Non-Current Deffered Revenue was $1.2 billion in Q3 2020, with the low at $597.0 million in Q2 2024.
- Historically, Non-Current Deffered Revenue has averaged $949.1 million across 5 years, with a median of $1.0 billion in 2023.
- Annual changes were most pronounced in 2021 — Non-Current Deffered Revenue jumped 80.03% — and 2024, when it tumbled 42.6%.
- Corning's Non-Current Deffered Revenue stood at $1.1 billion in 2020, then tumbled by 35.54% to $691.0 million in 2021, then jumped by 64.54% to $1.1 billion in 2022, then decreased by 4.75% to $1.1 billion in 2023, then tumbled by 37.4% to $678.0 million in 2024.
- The last three Non-Current Deffered Revenue figures came in at $678.0 million (Q3 2024), $597.0 million (Q2 2024), and $977.0 million (Q1 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Deffered Revenue (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 | 17.97 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 | 678.00 Mn |
| Jun 30, 2024 | 597.00 Mn |
| Mar 31, 2024 | 977.00 Mn |
| Dec 31, 2023 | 1.08 Bn |
| Sep 30, 2023 | 669.00 Mn |
| Jun 30, 2023 | 1.04 Bn |
| Mar 31, 2023 | 1.04 Bn |
| Dec 31, 2022 | 1.14 Bn |
| Sep 30, 2022 | 1.10 Bn |
| Jun 30, 2022 | 1.00 Bn |
| Mar 31, 2022 | 985.00 Mn |
| Dec 31, 2021 | 691.00 Mn |
| Sep 30, 2021 | 1.10 Bn |
| Jun 30, 2021 | 1.10 Bn |
| Mar 31, 2021 | 1.10 Bn |
| Dec 31, 2020 | 1.07 Bn |
| Sep 30, 2020 | 1.15 Bn |
| Jun 30, 2020 | 611.00 Mn |
| Mar 31, 2020 | 907.00 Mn |
| Dec 31, 2019 | 927.00 Mn |