Corning (GLW) Tax Provisions (2009 - 2026)
Corning's Tax Provisions was $40 million in Q2 2026, down 52.4% from $84 million a year earlier and down 66.9% from the prior quarter.
Corning (GLW) Tax Provisions (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Corning's Tax Provisions was $332 million through Jun 30, 2026, up 38.9% year-over-year; for FY2025, it was $310 million, up 40.3% from FY2024.
- Tax Provisions shows a five-year compound annual growth rate of 22.8% (FY2020 to FY2025).
- In earlier years, Tax Provisions was $221 million in FY2024 (+31.5%), $168 million in FY2023 (-59.1%), $411 million in FY2022 (-16.3%) and $491 million in FY2021 (+342.3%).
- The Q2 2026 figure marks the lowest quarterly Tax Provisions since Q3 2024.
- Compared with a year earlier, Tax Provisions was higher in two of the last six quarters, with growth averaging 2.6%.
- The best year-over-year quarter for Tax Provisions over five years was Q3 2021 (growth of 373.9%); the worst was Q3 2024 (a decline of 91.4%).
- Per Business Quant data, GLW's Tax Provisions in the three quarters before Q2 2026 was $121 million (Q1 2026), $91 million (Q4 2025) and $80 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 218.80 Bn | 201.92 Bn | 4.43 Bn | 610.00 Mn |
| 2 | Corning | 132.43 Bn | 125.56 Bn | 1.63 Bn | 40.00 Mn |
| 3 | Sherwin Williams | 78.49 Bn | 77.53 Bn | 3.34 Bn | 268.90 Mn |
| 4 | Air Products & Chemicals | 61.97 Bn | 59.87 Bn | 1.04 Bn | -515.40 Mn |
| 5 | Corteva | 51.82 Bn | 40.62 Bn | 3.66 Bn | 408.00 Mn |
| 6 | LyondellBasell Industries | 37.12 Bn | 26.74 Bn | 2.04 Bn | 236.00 Mn |
| 7 | Nutrien | 33.86 Bn | 30.73 Bn | 3.25 Bn | 382.00 Mn |
| 8 | Qnity Electronics | 26.31 Bn | 23.73 Bn | 666.00 Mn | 63.00 Mn |
| 9 | Ati | 25.78 Bn | 23.93 Bn | 309.80 Mn | 38.60 Mn |
| 10 | Ppg Industries | 23.19 Bn | 15.99 Bn | 1.81 Bn | 127.00 Mn |
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 |
Corning Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=GLW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "GLW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=GLW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();