Corning (GLW) Tax Rate (2009 - 2026)
Corning (GLW) posted quarterly Tax Rate of 6.16% for Q2 2026, down 822.0% year-over-year from 0.85% in Q2 2025, and down 73.05% quarter-over-quarter from 22.87% in Q1 2026.
Corning (GLW) Tax Rate (2009 - 2026) Analysis & Trends
Corning's Tax Rate history runs 18 years deep, the most recent figure standing at 6.16% for Q2 2026.
- In Q2 2026, Tax Rate fell 822.0% year-over-year to 6.16%; the TTM figure through Jun 2026 stood at 13.8% (down 665.0% YoY), while the FY2025 annual figure was 15.11%, down 1208.0% from the prior year.
- Tax Rate for Q2 2026 stood at 6.16%, down from 22.87% in the prior quarter.
- The five-year high for Tax Rate was 775.0% in Q4 2022, with the low at 3.26% in Q3 2024.
- The 5-year median for Tax Rate is 22.17% (2022), against an average of 60.23%.
- The sharpest annual moves came in 2022 and 2023: Tax Rate soared 75979 bps in 2022, then slumped 74868 bps in 2023.
- Corning's Tax Rate stood at 775.0% in 2022, then slumped by 97 bps to 26.32% in 2023, then dropped by 16 bps to 22.2% in 2024, then sank by 40 bps to 13.42% in 2025, then plunged by 54 bps to 6.16% in 2026.
- Business Quant data shows GLW's Tax Rate at 6.16% in Q2 2026, 22.87% in Q1 2026, and 13.42% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 378.57 Bn | 372.46 Bn | 3.55 Bn | 25.30% |
| 2 | Corning | 130.22 Bn | 127.72 Bn | 1.63 Bn | 6.16% |
| 3 | TE Connectivity | 58.68 Bn | 57.44 Bn | 1.84 Bn | 22.97% |
| 4 | Flex | 40.30 Bn | 37.46 Bn | 747.00 Mn | 24.40% |
| 5 | Celestica | 34.33 Bn | 33.80 Bn | 577.50 Mn | 21.47% |
| 6 | Jabil | 33.30 Bn | 31.94 Bn | 828.00 Mn | 24.86% |
| 7 | Fabrinet | 15.79 Bn | 14.92 Bn | 158.05 Mn | 30.27% |
| 8 | Ttm Technologies | 11.83 Bn | 11.31 Bn | 211.86 Mn | -2.22% |
| 9 | Littelfuse | 10.40 Bn | 9.77 Bn | 306.06 Mn | 23.63% |
| 10 | Sanmina | 10.26 Bn | 8.42 Bn | 363.31 Mn | 34.65% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.16% |
| Jun 30, 2026 | 6.16% |
| Jun 30, 2026 | 6.16% |
| Mar 31, 2026 | 22.87% |
| Mar 31, 2026 | 22.87% |
| Mar 31, 2026 | 22.87% |
| Dec 31, 2025 | 13.42% |
| Dec 31, 2025 | 13.42% |
| Dec 31, 2025 | 13.42% |
| Sep 30, 2025 | 14.55% |
| Sep 30, 2025 | 14.55% |
| Sep 30, 2025 | 14.55% |
| Jun 30, 2025 | 14.38% |
| Jun 30, 2025 | 14.38% |
| Jun 30, 2025 | 14.38% |
| Mar 31, 2025 | 22.92% |
| Mar 31, 2025 | 22.92% |
| Mar 31, 2025 | 22.92% |
| Dec 31, 2024 | 22.20% |
| Dec 31, 2024 | 22.20% |