Corning (GLW) Operating Expenses (2009 - 2026)
Corning (GLW) reported Operating Expenses of $866.0 million for Q1 2026, up 16.87% on a YoY basis from $741.0 million in Q1 2025, and up 8.79% quarter-over-quarter from $796.0 million in Q4 2025.
Corning (GLW) Operating Expenses (2009 - 2026) Analysis & Trends
Corning has reported Operating Expenses for 18 years, with the latest figure at $866.0 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 16.87% year-over-year to $866.0 million; the trailing twelve-month figure through Mar 2026 stood at $3.4 billion (up 9.99% YoY), and the FY2025 full-year result was $3.2 billion, up 7.02% from the prior year.
- Operating Expenses for Q1 2026 stood at $866.0 million, up from $796.0 million in the prior quarter.
- The five-year high for Operating Expenses was $904.0 million in Q3 2025, with the low at $675.0 million in Q1 2023.
- Historically, Operating Expenses has averaged $763.6 million across 5 years, with a median of $741.0 million in 2025.
- Annual changes were most pronounced in 2024 — Operating Expenses dropped 3.61% — and 2026, when it climbed 16.87%.
- Corning's Operating Expenses stood at $798.0 million in 2022, then advanced by 0.63% to $803.0 million in 2023, then dropped by 3.61% to $774.0 million in 2024, then grew by 2.84% to $796.0 million in 2025, then climbed by 8.79% to $866.0 million in 2026.
- The last three Operating Expenses figures came in at $866.0 million (Q1 2026), $796.0 million (Q4 2025), and $904.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 170.58 Bn | 165.55 Bn | 2.80 Bn | 3.15 Bn |
| 2 | Corning | 152.19 Bn | 150.97 Bn | 1.53 Bn | 866.00 Mn |
| 3 | TE Connectivity | 62.31 Bn | 61.34 Bn | 1.75 Bn | 18.00 Mn |
| 4 | Flex | 56.36 Bn | 54.72 Bn | 702.00 Mn | 337.00 Mn |
| 5 | Celestica | 42.71 Bn | 42.33 Bn | 437.20 Mn | 158.60 Mn |
| 6 | Jabil | 37.62 Bn | 35.80 Bn | 746.00 Mn | 341.00 Mn |
| 7 | Fabrinet | 22.26 Bn | 21.31 Bn | 144.34 Mn | 24.30 Mn |
| 8 | Ttm Technologies | 17.40 Bn | 16.99 Bn | 181.18 Mn | 108.73 Mn |
| 9 | Sanmina | 13.70 Bn | 12.12 Bn | 353.79 Mn | 196.78 Mn |
| 10 | Vicor | 12.32 Bn | 11.92 Bn | 62.37 Mn | 45.48 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 866.00 Mn |
| Dec 31, 2025 | 796.00 Mn |
| Sep 30, 2025 | 904.00 Mn |
| Jun 30, 2025 | 791.00 Mn |
| Mar 31, 2025 | 741.00 Mn |
| Dec 31, 2024 | 774.00 Mn |
| Sep 30, 2024 | 804.00 Mn |
| Jun 30, 2024 | 733.00 Mn |
| Mar 31, 2024 | 709.00 Mn |
| Dec 31, 2023 | 803.00 Mn |
| Sep 30, 2023 | 738.00 Mn |
| Jun 30, 2023 | 703.00 Mn |
| Mar 31, 2023 | 675.00 Mn |
| Dec 31, 2022 | 798.00 Mn |
| Sep 30, 2022 | 739.00 Mn |
| Jun 30, 2022 | 726.00 Mn |
| Mar 31, 2022 | 682.00 Mn |
| Dec 31, 2021 | 756.00 Mn |
| Sep 30, 2021 | 737.00 Mn |
| Jun 30, 2021 | 707.00 Mn |