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
DateValue
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