Corning (GLW) Tax Provisions (2009 - 2026)
Corning (GLW) posted quarterly Tax Provisions of $40.0 million for Q2 2026, down 52.38% year-over-year from $84.0 million in Q2 2025, and down 66.94% quarter-over-quarter from $121.0 million in Q1 2026.
Corning (GLW) Tax Provisions (2009 - 2026) Analysis & Trends
Corning's Tax Provisions history runs 18 years deep, the most recent figure standing at $40.0 million for Q2 2026.
- In Q2 2026, Tax Provisions fell 52.38% year-over-year to $40.0 million; the TTM figure through Jun 2026 stood at $332.0 million (up 38.91% YoY), while the FY2025 annual figure was $310.0 million, up 40.27% from the prior year.
- Tax Provisions for Q2 2026 stood at $40.0 million, down from $121.0 million in the prior quarter.
- The five-year high for Tax Provisions was $180.0 million in Q1 2022, with the low at -$10.0 million in Q4 2023.
- The 5-year median for Tax Provisions is $63.0 million (2024), against an average of $70.6 million.
- The sharpest annual moves came in 2023 and 2025: Tax Provisions tumbled 132.26% in 2023, then surged 2566.67% in 2025.
- Corning's Tax Provisions stood at $31.0 million in 2022, then tumbled by 132.26% to -$10.0 million in 2023, then jumped by 1070.0% to $97.0 million in 2024, then retreated by 6.19% to $91.0 million in 2025, then plunged by 56.04% to $40.0 million in 2026.
- Business Quant data shows GLW's Tax Provisions at $40.0 million in Q2 2026, $121.0 million in Q1 2026, and $91.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 379.18 Bn | 373.07 Bn | 3.55 Bn | 604.30 Mn |
| 2 | Corning | 129.75 Bn | 127.24 Bn | 1.63 Bn | 40.00 Mn |
| 3 | TE Connectivity | 58.23 Bn | 56.99 Bn | 1.84 Bn | 223.00 Mn |
| 4 | Flex | 40.74 Bn | 37.90 Bn | 747.00 Mn | 92.00 Mn |
| 5 | Celestica | 34.06 Bn | 33.52 Bn | 577.50 Mn | 94.80 Mn |
| 6 | Jabil | 33.70 Bn | 32.34 Bn | 828.00 Mn | 91.00 Mn |
| 7 | Fabrinet | 15.89 Bn | 15.01 Bn | 158.05 Mn | 60.46 Mn |
| 8 | Ttm Technologies | 12.03 Bn | 11.52 Bn | 211.86 Mn | -1.80 Mn |
| 9 | Sanmina | 10.45 Bn | 8.61 Bn | 363.31 Mn | 66.44 Mn |
| 10 | Littelfuse | 10.39 Bn | 9.76 Bn | 306.06 Mn | 27.66 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 40.00 Mn |
| Mar 31, 2026 | 121.00 Mn |
| Dec 31, 2025 | 91.00 Mn |
| Sep 30, 2025 | 80.00 Mn |
| Jun 30, 2025 | 84.00 Mn |
| Mar 31, 2025 | 55.00 Mn |
| Dec 31, 2024 | 97.00 Mn |
| Sep 30, 2024 | 3.00 Mn |
| Jun 30, 2024 | 50.00 Mn |
| Mar 31, 2024 | 71.00 Mn |
| Dec 31, 2023 | -10.00 Mn |
| Sep 30, 2023 | 35.00 Mn |
| Jun 30, 2023 | 106.00 Mn |
| Mar 31, 2023 | 37.00 Mn |
| Dec 31, 2022 | 31.00 Mn |
| Sep 30, 2022 | 34.00 Mn |
| Jun 30, 2022 | 166.00 Mn |
| Mar 31, 2022 | 180.00 Mn |
| Dec 31, 2021 | 89.00 Mn |
| Sep 30, 2021 | 109.00 Mn |