Corning (GLW) Tax Provisions (2009 - 2026)
Corning (GLW) reported Tax Provisions of $121.0 million for Q1 2026, up 120.0% on a YoY basis from $55.0 million in Q1 2025, and up 32.97% quarter-over-quarter from $91.0 million in Q4 2025.
Corning (GLW) Tax Provisions (2009 - 2026) Analysis & Trends
Corning has reported Tax Provisions for 18 years, with the latest figure at $121.0 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions rose 120.0% year-over-year to $121.0 million; the trailing twelve-month figure through Mar 2026 stood at $376.0 million (up 83.41% YoY), and the FY2025 full-year result was $310.0 million, up 40.27% from the prior year.
- Tax Provisions for Q1 2026 stood at $121.0 million, up from $91.0 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.
- Historically, Tax Provisions has averaged $72.4 million across 5 years, with a median of $71.0 million in 2024.
- Annual changes were most pronounced in 2023 — Tax Provisions plunged 132.26% — and 2025, when it soared 2566.67%.
- 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 jumped by 32.97% to $121.0 million in 2026.
- The last three Tax Provisions figures came in at $121.0 million (Q1 2026), $91.0 million (Q4 2025), and $80.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 170.58 Bn | 165.55 Bn | 2.80 Bn | 702.40 Mn |
| 2 | Corning | 152.19 Bn | 150.97 Bn | 1.53 Bn | 121.00 Mn |
| 3 | TE Connectivity | 62.31 Bn | 61.34 Bn | 1.75 Bn | 87.00 Mn |
| 4 | Flex | 56.36 Bn | 54.72 Bn | 702.00 Mn | 65.00 Mn |
| 5 | Celestica | 42.71 Bn | 42.33 Bn | 437.20 Mn | 70.60 Mn |
| 6 | Jabil | 37.62 Bn | 35.80 Bn | 746.00 Mn | 78.00 Mn |
| 7 | Fabrinet | 22.26 Bn | 21.31 Bn | 144.34 Mn | 9.03 Mn |
| 8 | Ttm Technologies | 17.40 Bn | 16.99 Bn | 181.18 Mn | 8.54 Mn |
| 9 | Sanmina | 13.70 Bn | 12.12 Bn | 353.79 Mn | 33.32 Mn |
| 10 | Vicor | 12.32 Bn | 11.92 Bn | 62.37 Mn | -273,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -389.00 Mn |
| Sep 30, 2021 | 109.00 Mn |
| Jun 30, 2021 | 67.00 Mn |