Corning Income Statement (2009-2025) | GLW

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Income Statement Mar2009 Jun2009 Sep2009 Dec2009 Mar2010 Jun2010 Sep2010 Dec2010 Mar2011 Jun2011 Sep2011 Dec2011 Mar2012 Jun2012 Sep2012 Dec2012 Mar2013 Jun2013 Sep2013 Dec2013 Mar2014 Jun2014 Sep2014 Dec2014 Mar2015 Jun2015 Sep2015 Dec2015 Mar2016 Jun2016 Sep2016 Dec2016 Mar2017 Jun2017 Sep2017 Dec2017 Mar2018 Jun2018 Sep2018 Dec2018 Mar2019 Jun2019 Sep2019 Dec2019 Mar2020 Jun2020 Sep2020 Dec2020 Mar2021 Jun2021 Sep2021 Dec2021 Mar2022 Jun2022 Sep2022 Dec2022 Mar2023 Jun2023 Sep2023 Dec2023 Mar2024 Jun2024 Sep2024 Dec2024 Mar2025 Jun2025 Sep2025 Dec2025
Revenue & cost
Revenue 989.00M1,395.00M1,479.00M1,532.00M1,553.00M1,712.00M1,602.00M1,765.00M1,923.00M2,005.00M2,075.00M1,887.00M1,920.00M1,908.00M2,038.00M2,146.00M1,814.00M1,982.00M2,067.00M1,956.00M2,289.00M2,482.00M2,540.00M2,404.00M2,265.00M2,343.00M2,272.00M2,231.00M2,047.00M2,360.00M2,507.00M2,476.00M2,375.00M2,497.00M2,607.00M2,637.00M2,500.00M2,747.00M3,008.00M3,035.00M2,812.00M2,940.00M2,934.00M2,817.00M2,391.00M2,561.00M3,001.00M3,350.00M3,290.00M3,501.00M3,615.00M3,676.00M3,680.00M3,615.00M3,488.00M3,406.00M3,178.00M3,243.00M3,173.00M2,994.00M2,975.00M3,251.00M3,391.00M3,501.00M3,452.00M3,862.00M4,100.00M4,215.00M
Cost of Revenue 719.00M820.00M880.00M883.00M822.00M885.00M878.00M998.00M1,049.00M1,116.00M1,097.00M1,052.00M1,096.00M1,100.00M1,149.00M1,348.00M1,044.00M1,099.00M1,166.00M1,186.00M1,354.00M1,450.00M1,451.00M1,408.00M1,336.00M1,368.00M1,380.00M1,374.00M1,283.00M1,409.00M1,466.00M1,469.00M1,418.00M1,510.00M1,557.00M1,605.00M1,545.00M1,675.00M1,776.00M1,833.00M1,713.00M1,875.00M1,917.00M1,963.00M1,830.00M1,805.00M2,000.00M2,137.00M2,134.00M2,186.00M2,294.00M2,405.00M2,397.00M2,369.00M2,426.00M2,491.00M2,175.00M2,230.00M2,169.00M2,083.00M1,982.00M2,302.00M2,254.00M2,304.00M2,238.00M2,470.00M2,580.00M2,720.00M
Gross Profit 270.00M575.00M599.00M649.00M731.00M827.00M724.00M767.00M874.00M889.00M978.00M835.00M824.00M808.00M889.00M798.00M770.00M883.00M901.00M770.00M935.00M1,032.00M1,089.00M996.00M929.00M975.00M892.00M857.00M764.00M951.00M1,041.00M990.00M951.00M987.00M1,050.00M1,032.00M955.00M1,072.00M1,232.00M1,202.00M1,099.00M1,065.00M1,017.00M854.00M561.00M756.00M1,001.00M1,213.00M1,156.00M1,315.00M1,321.00M1,271.00M1,283.00M1,246.00M1,062.00M915.00M1,003.00M1,013.00M1,004.00M911.00M993.00M949.00M1,137.00M1,197.00M1,214.00M1,392.00M1,520.00M1,495.00M
Operating items
Amortization - Intangibles 3.00M2.00M3.00M2.00M2.00M2.00M2.00M2.00M3.00M4.00M4.00M4.00M5.00M4.00M4.00M6.00M7.00M8.00M8.00M8.00M8.00M8.00M9.00M8.00M12.00M16.00M12.00M14.00M14.00M15.00M17.00M18.00M17.00M18.00M18.00M22.00M19.00M22.00M27.00M26.00M29.00M28.00M28.00M28.00M26.00M28.00M33.00M34.00M32.00M33.00M32.00M32.00M31.00M30.00M31.00M31.00M31.00M31.00M30.00M30.00M30.00M30.00M31.00M30.00M28.00M28.00M27.00M27.00M
Depreciation & Amortization - Total 364.00M358.00M
Research & Development 151.00M136.00M131.00M145.00M145.00M144.00M-148.00M1,040.00M156.00M172.00M166.00M174.00M184.00M185.00M182.00M219.00M178.00M179.00M184.00M169.00M198.00M208.00M199.00M210.00M189.00M191.00M181.00M208.00M190.00M192.00M187.00M167.00M200.00M206.00M215.00M241.00M241.00M243.00M244.00M265.00M249.00M249.00M255.00M278.00M261.00M430.00M231.00M232.00M222.00M242.00M251.00M280.00M248.00M240.00M278.00M281.00M254.00M263.00M270.00M289.00M258.00M262.00M294.00M275.00M270.00M276.00M280.00M284.00M
Selling, General & Administrative 207.00M211.00M219.00M244.00M235.00M246.00M250.00M284.00M250.00M284.00M216.00M278.00M273.00M286.00M289.00M356.00M259.00M266.00M265.00M332.00M397.00M322.00M261.00M222.00M316.00M337.00M307.00M548.00M303.00M499.00M302.00M358.00M316.00M378.00M375.00M401.00M501.00M412.00M439.00M447.00M401.00M414.00M369.00M401.00M395.00M401.00M480.00M471.00M400.00M465.00M486.00M476.00M434.00M486.00M461.00M517.00M421.00M440.00M468.00M514.00M451.00M471.00M510.00M499.00M471.00M515.00M624.00M512.00M
Restructuring Costs 165.00M10.00M53.00M-2.00M1.00M-332.00M17.00M34.00M20.00M-1.00M3.00M80.00M-2.00M-1.00M
Other Operating Expenses -130.00M-179.00M-143.00M-87.00M
Operating Expenses 523.00M347.00M360.00M442.00M378.00M390.00M103.00M992.00M406.00M456.00M382.00M452.00M457.00M471.00M471.00M575.00M437.00M445.00M449.00M501.00M612.00M564.00M460.00M452.00M504.00M531.00M488.00M756.00M573.00M689.00M489.00M524.00M516.00M584.00M590.00M642.00M742.00M655.00M683.00M712.00M650.00M663.00M624.00M1,043.00M656.00M831.00M711.00M1,061.00M622.00M707.00M737.00M756.00M682.00M726.00M739.00M798.00M675.00M703.00M738.00M803.00M709.00M733.00M804.00M774.00M741.00M791.00M904.00M796.00M
Operating Income -260.00M221.00M230.00M200.00M403.00M430.00M319.00M649.00M460.00M424.00M587.00M241.00M361.00M328.00M411.00M79.00M324.00M424.00M439.00M184.00M315.00M460.00M620.00M536.00M412.00M431.00M392.00M87.00M177.00M247.00M535.00M465.00M424.00M385.00M442.00M368.00M194.00M395.00M522.00M464.00M420.00M374.00M365.00M147.00M-121.00M-103.00M257.00M476.00M502.00M575.00M552.00M483.00M570.00M490.00M292.00M86.00M297.00M279.00M236.00M78.00M254.00M186.00M302.00M393.00M445.00M573.00M589.00M672.00M
EBIT -260.00M221.00M230.00M200.00M403.00M430.00M319.00M649.00M460.00M424.00M587.00M241.00M361.00M328.00M411.00M79.00M324.00M424.00M439.00M184.00M315.00M460.00M620.00M536.00M412.00M431.00M392.00M87.00M177.00M247.00M535.00M465.00M424.00M385.00M442.00M368.00M194.00M395.00M522.00M464.00M420.00M374.00M365.00M147.00M-121.00M-103.00M257.00M476.00M502.00M575.00M552.00M483.00M570.00M490.00M292.00M86.00M297.00M279.00M236.00M78.00M254.00M186.00M302.00M393.00M445.00M573.00M589.00M672.00M
Non-operating items
Interest & Investment Income 7.00M5.00M4.00M3.00M3.00M2.00M3.00M3.00M4.00M5.00M6.00M4.00M4.00M3.00M3.00M4.00M2.00M2.00M1.00M3.00M12.00M4.00M5.00M5.00M5.00M5.00M6.00M5.00M6.00M6.00M9.00M11.00M12.00M11.00M10.00M12.00M13.00M9.00M7.00M9.00M7.00M5.00M4.00M5.00M6.00M3.00M3.00M3.00M3.00M2.00M3.00M3.00M3.00M3.00M3.00M6.00M7.00M8.00M10.00M13.00M12.00M10.00M12.00M13.00M12.00M5.00M10.00M11.00M
Other Non Operating Income 20.00M41.00M48.00M62.00M64.00M64.00M2.00M54.00M27.00M43.00M27.00M21.00M29.00M-13.00M-15.00M41.00M65.00M265.00M18.00M-284.00M30.00M-18.00M-45.00M1,402.00M-30.00M-21.00M-32.00M-26.00M-857.00M-1201.00M-237.00M1,847.00M-438.00M219.00M26.00M112.00M-622.00M458.00M12.00M-205.00M184.00M-107.00M-15.00M-96.00M-11.00M2.00M-62.00M-3.00M125.00M19.00M23.00M80.00M152.00M133.00M106.00M-106.00M8.00M87.00M33.00M-72.00M74.00M33.00M-166.00M-64.00M-34.00M-42.00M-4.00M1.00M
Non Operating Income 20.00M41.00M48.00M62.00M64.00M64.00M2.00M54.00M27.00M43.00M27.00M21.00M29.00M8.00M5.00M-158.00M65.00M265.00M-1.00M-284.00M74.00M-18.00M-45.00M136.00M-30.00M162.00M-149.00M-50.00M-16.00M-26.00M-28.00M-47.00M-21.00M-22.00M7.00M-56.00M-37.00M14.00M12.00M-205.00M-9.00M-35.00M-15.00M-96.00M-11.00M2.00M-62.00M-3.00M125.00M19.00M23.00M80.00M152.00M133.00M106.00M-106.00M8.00M87.00M33.00M-72.00M74.00M33.00M-166.00M-64.00M-34.00M-42.00M-4.00M1.00M
Net income details
EBT -52.00M607.00M675.00M704.00M913.00M944.00M799.00M1,189.00M862.00M878.00M921.00M570.00M592.00M574.00M627.00M183.00M528.00M829.00M549.00M567.00M481.00M341.00M1,409.00M1,337.00M493.00M606.00M218.00M169.00M-672.00M1,703.00M257.00M2,404.00M20.00M592.00M479.00M566.00M-465.00M864.00M758.00M346.00M575.00M216.00M408.00M17.00M-108.00M-49.00M450.00M403.00M825.00M521.00M493.00M585.00M783.00M750.00M260.00M4.00M228.00M409.00M217.00M-38.00M296.00M172.00M-92.00M437.00M240.00M584.00M550.00M678.00M
Tax Provisions -66.00M-4.00M32.00M-36.00M97.00M31.00M14.00M145.00M-114.00M123.00M110.00M67.00M118.00M100.00M94.00M28.00M34.00M191.00M141.00M146.00M180.00M172.00M395.00M349.00M86.00M110.00M6.00M-55.00M-304.00M-504.00M-27.00M832.00M-66.00M153.00M89.00M1,978.00M124.00M126.00M133.00M54.00M76.00M124.00M71.00M83.00M-12.00M22.00M23.00M170.00M226.00M67.00M109.00M89.00M180.00M166.00M34.00M31.00M37.00M106.00M35.00M-10.00M71.00M50.00M3.00M97.00M55.00M84.00M80.00M91.00M
Profit After Tax 14.00M611.00M643.00M740.00M816.00M913.00M785.00M1,044.00M976.00M755.00M811.00M503.00M474.00M474.00M533.00M155.00M494.00M638.00M408.00M421.00M301.00M169.00M1,014.00M988.00M407.00M496.00M212.00M224.00M-672.00M2,207.00M284.00M1,572.00M86.00M439.00M390.00M-1412.00M-589.00M738.00M625.00M292.00M499.00M92.00M337.00M32.00M-96.00M-71.00M427.00M263.00M599.00M454.00M384.00M496.00M603.00M584.00M226.00M-27.00M191.00M303.00M182.00M-28.00M225.00M122.00M-117.00M340.00M185.00M500.00M470.00M587.00M
Equity Income 195.00M361.00M418.00M461.00M469.00M474.00M504.00M511.00M398.00M428.00M324.00M321.00M218.00M259.00M240.00M93.00M173.00M166.00M138.00M70.00M86.00M62.00M95.00M23.00M94.00M62.00M39.00M104.00M59.00M41.00M19.00M165.00M80.00M37.00M31.00M213.00M39.00M31.00M32.00M288.00M25.00M33.00M23.00M-64.00M14.00M79.00M-76.00M-42.00M8.00M7.00M16.00M4.00M
Net Income - Minority -49.00M-51.00M-52.00M-51.00M-50.00M
Income from Non-Controlling Interests 5.00M-1.00M1.00M-4.00M-1.00M2.00M-3.00M-1.00M-1.00M1.00M1.00M-9.00M-1.00M-1.00M1.00M-3.00M1.00M2.00M2.00M5.00M13.00M9.00M22.00M21.00M18.00M9.00M15.00M22.00M18.00M12.00M16.00M18.00M22.00M30.00M28.00M31.00M40.00M47.00M
Income from Continuing Operations 14.00M611.00M643.00M740.00M816.00M913.00M785.00M1,044.00M976.00M755.00M811.00M503.00M474.00M474.00M533.00M155.00M494.00M638.00M408.00M421.00M301.00M169.00M1,014.00M988.00M407.00M496.00M212.00M224.00M-368.00M2,207.00M284.00M1,572.00M86.00M439.00M390.00M-1412.00M-589.00M738.00M625.00M292.00M499.00M92.00M337.00M-66.00M-96.00M-71.00M427.00M233.00M599.00M454.00M384.00M496.00M603.00M584.00M226.00M-27.00M191.00M303.00M182.00M-28.00M225.00M122.00M-95.00M340.00M185.00M500.00M470.00M587.00M
Consolidated Net Income 14.00M611.00M643.00M740.00M816.00M913.00M785.00M1,044.00M976.00M755.00M811.00M503.00M474.00M474.00M533.00M155.00M494.00M638.00M408.00M421.00M301.00M169.00M1,014.00M988.00M407.00M496.00M212.00M224.00M-368.00M2,207.00M284.00M1,572.00M86.00M439.00M390.00M-1412.00M-589.00M738.00M625.00M292.00M499.00M92.00M337.00M-66.00M-96.00M-71.00M427.00M233.00M599.00M454.00M384.00M496.00M603.00M584.00M226.00M-27.00M191.00M303.00M182.00M-28.00M225.00M122.00M-95.00M340.00M185.00M500.00M470.00M587.00M
Income towards Parent Company 14.00M562.00M592.00M688.00M765.00M863.00M785.00M1,044.00M976.00M755.00M811.00M503.00M474.00M474.00M533.00M155.00M494.00M638.00M408.00M421.00M301.00M169.00M1,014.00M988.00M407.00M496.00M212.00M224.00M-368.00M2,207.00M284.00M1,572.00M86.00M439.00M390.00M-1412.00M-589.00M738.00M625.00M292.00M499.00M92.00M337.00M-66.00M-96.00M-71.00M427.00M233.00M599.00M454.00M384.00M496.00M603.00M584.00M226.00M-27.00M191.00M303.00M182.00M-28.00M225.00M122.00M-95.00M340.00M185.00M500.00M470.00M587.00M
Preferred Dividend Payments 24.00M25.00M
Net Income towards Common Stockholders 14.00M589.00M592.00M688.00M765.00M715.00M785.00M1,044.00M976.00M755.00M811.00M503.00M474.00M474.00M533.00M155.00M494.00M638.00M408.00M421.00M280.00M145.00M1,014.00M988.00M407.00M496.00M188.00M224.00M-392.00M2,207.00M284.00M1,572.00M62.00M439.00M390.00M-1510.00M-613.00M738.00M625.00M292.00M499.00M68.00M337.00M32.00M-96.00M-71.00M427.00M227.00M599.00M-354.00M371.00M487.00M581.00M563.00M208.00M-36.00M191.00M303.00M182.00M-28.00M225.00M122.00M-95.00M340.00M185.00M500.00M470.00M587.00M
Additional items
EPS (Basic) 0.010.390.410.480.520.590.500.670.480.480.520.320.310.310.360.110.330.430.280.300.210.110.770.760.300.380.160.17-0.362.060.271.640.070.460.41-1.66-0.720.870.750.270.610.090.400.01-0.16-0.130.530.290.75-0.420.440.580.690.670.25-0.040.210.330.19-0.040.250.12-0.140.360.180.550.500.63
EPS (Weighted Average and Diluted) 0.010.390.410.470.520.580.500.660.470.470.510.320.310.310.360.100.330.430.280.300.200.110.720.700.290.360.150.17-0.361.870.261.470.070.420.39-1.66-0.720.780.670.260.550.090.380.04-0.16-0.130.480.300.67-0.420.430.570.680.660.24-0.040.200.330.19-0.040.240.12-0.140.350.180.540.500.62
EBITDA -260.00M221.00M230.00M200.00M403.00M430.00M319.00M649.00M460.00M424.00M587.00M241.00M361.00M328.00M411.00M79.00M324.00M424.00M439.00M184.00M315.00M460.00M620.00M536.00M412.00M431.00M392.00M87.00M177.00M247.00M535.00M465.00M566.00M385.00M442.00M368.00M-324.00M395.00M522.00M464.00M420.00M374.00M365.00M511.00M-121.00M-103.00M257.00M834.00M502.00M575.00M552.00M483.00M570.00M490.00M292.00M86.00M297.00M279.00M-39.00M78.00M254.00M186.00M489.00M393.00M445.00M573.00M589.00M672.00M
Interest Expenses 14.00M20.00M24.00M24.00M26.00M26.00M29.00M28.00M27.00M22.00M23.00M17.00M20.00M24.00M32.00M35.00M36.00M28.00M28.00M28.00M30.00M30.00M31.00M32.00M30.00M33.00M38.00M39.00M41.00M40.00M41.00M37.00M37.00M38.00M37.00M43.00M52.00M43.00M45.00M51.00M52.00M54.00M55.00M60.00M64.00M67.00M70.00M75.00M77.00M78.00M72.00M73.00M71.00M72.00M73.00M76.00M76.00M81.00M82.00M90.00M83.00M84.00M83.00M79.00M82.00M83.00M78.00M93.00M
Tax Rate 126.92%-0.66%4.74%-5.11%10.62%3.28%1.75%12.20%-13.23%14.01%11.94%11.75%19.93%17.42%14.99%15.30%6.44%23.04%25.68%25.75%37.42%50.44%28.03%26.10%17.44%18.15%2.75%-32.54%45.24%-29.59%-10.51%34.61%-330.00%25.84%18.58%349.47%-26.67%14.58%17.55%15.61%13.22%57.41%17.40%488.24%11.11%-44.90%5.11%42.18%27.39%12.86%22.11%15.21%22.99%22.13%13.08%775.00%16.23%25.92%16.13%26.32%23.99%29.07%-3.26%22.20%22.92%14.38%14.55%13.42%