Corning (GLW) Tax Provisions (2009 - 2026)
Corning's (GLW) quarterly Tax Provisions came in at $40.0 million in Q2 2026, down 52.38% on a YoY basis from $84.0 million in Q2 2025, and down 66.94% quarter-over-quarter from $121.0 million in Q1 2026.
Analysis
Corning (GLW) Tax Provisions (2009 - 2026) Analysis & Trends
Corning (GLW) has reported Tax Provisions for 18 consecutive years, with $40.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Provisions fell 52.38% year-over-year to $40.0 million; the trailing twelve-month figure through Jun 2026 stood at $332.0 million (up 38.91% YoY), and the FY2025 full-year result was $310.0 million, up 40.27% from the prior year.
- Tax Provisions eased to $40.0 million in Q2 2026 per GLW's latest filing, from $121.0 million in the prior quarter.
- Across five years, Tax Provisions topped out at $180.0 million in Q1 2022 and bottomed at -$10.0 million in Q4 2023.
- Historically, Tax Provisions has averaged $70.6 million across 5 years, with a median of $63.0 million in 2024.
- The sharpest annual moves came in 2023 and 2025: Tax Provisions sank 132.26% in 2023, then jumped 2566.67% in 2025.
- Over 5 years, Tax Provisions stood at $31.0 million in 2022, then sank by 132.26% to -$10.0 million in 2023, then soared by 1070.0% to $97.0 million in 2024, then slipped by 6.19% to $91.0 million in 2025, then slumped by 56.04% to $40.0 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $40.0 million, $121.0 million, and $91.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Corning | 145.82 Bn | 143.32 Bn | 1.63 Bn | 40.00 Mn |
| 2 | Ati | 28.37 Bn | 27.58 Bn | 309.80 Mn | 38.60 Mn |
| 3 | Qnity Electronics | 25.94 Bn | 24.98 Bn | 666.00 Mn | 63.00 Mn |
| 4 | International Flavors & Fragrances | 21.51 Bn | 20.94 Bn | 853.00 Mn | 31.00 Mn |
| 5 | DuPont de Nemours | 17.57 Bn | 15.83 Bn | 639.00 Mn | 75.00 Mn |
| 6 | Avery Dennison | 12.99 Bn | 12.76 Bn | 729.40 Mn | 78.60 Mn |
| 7 | Solstice Advanced Materials | 10.12 Bn | 9.37 Bn | 370.00 Mn | 42.00 Mn |
| 8 | Element Solutions | 8.77 Bn | 8.58 Bn | 334.00 Mn | 29.80 Mn |
| 9 | Eastman Chemical | 7.86 Bn | 7.17 Bn | 560.00 Mn | 72.00 Mn |
| 10 | Hexcel | 6.87 Bn | 6.80 Bn | 138.10 Mn | 11.40 Mn |
Historic Data
Download Data
Historic 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 |