GLW
Income statement / Annual
Last year (2025), Corning Incorporated's total revenue was $15.63 B,
an increase of 19.14% from the previous year.
In 2025, Corning Incorporated's net income was $1.60 B.
See Corning Incorporated,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2025
|
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
| Period Ended |
12/31/2025 |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
| Operating Revenue |
$15.63 B |
$13.12 B |
$12.59 B |
$14.19 B |
$14.08 B |
$11.30 B |
$11.50 B |
$11.29 B |
$10.12 B |
$9.39 B |
| Cost of Revenue |
$10.01 B
|
$8.84 B
|
$8.66 B
|
$9.68 B
|
$9.02 B
|
$7.77 B
|
$7.47 B
|
$6.83 B
|
$6.10 B
|
$5.63 B
|
| Gross Profit |
$5.62 B
|
$4.28 B
|
$3.93 B
|
$4.51 B
|
$5.06 B
|
$3.53 B
|
$4.04 B
|
$4.46 B
|
$4.02 B
|
$3.76 B
|
| Gross Profit Ratio |
0.36
|
0.33
|
0.31
|
0.32
|
0.36
|
0.31
|
0.35
|
0.4
|
0.4
|
0.4
|
| Research and Development Expenses |
$1.11 B
|
$1.09 B
|
$1.08 B
|
$1.05 B
|
$995.00 M
|
$1.15 B
|
$1.03 B
|
$993.00 M
|
$860.00 M
|
$742.00 M
|
| General & Administrative Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$2.12 B
|
$1.93 B
|
$1.84 B
|
$1.90 B
|
$1.83 B
|
$1.75 B
|
$1.59 B
|
$1.80 B
|
$1.47 B
|
$1.46 B
|
| Other Expenses |
$110.00 M
|
$121.00 M
|
$122.00 M
|
$123.00 M
|
$129.00 M
|
$121.00 M
|
$113.00 M
|
$94.00 M
|
$75.00 M
|
$141.00 M
|
| Operating Expenses |
$3.34 B
|
$3.14 B
|
$3.04 B
|
$3.07 B
|
$2.95 B
|
$3.02 B
|
$2.73 B
|
$2.89 B
|
$2.41 B
|
$2.34 B
|
| Cost And Expenses |
$13.35 B
|
$11.98 B
|
$11.70 B
|
$12.75 B
|
$11.97 B
|
$10.79 B
|
$10.20 B
|
$9.72 B
|
$8.49 B
|
$7.97 B
|
| Interest Income |
$38.00 M
|
$47.00 M
|
$38.00 M
|
$15.00 M
|
$11.00 M
|
$15.00 M
|
$21.00 M
|
$38.00 M
|
$45.00 M
|
$32.00 M
|
| Interest Expense |
$336.00 M
|
$329.00 M
|
$329.00 M
|
$292.00 M
|
$300.00 M
|
$276.00 M
|
$221.00 M
|
$191.00 M
|
$155.00 M
|
$159.00 M
|
| Depreciation & Amortization |
$986.00 M
|
$1.35 B
|
$1.37 B
|
$1.45 B
|
$1.48 B
|
$1.52 B
|
$1.50 B
|
$1.29 B
|
$1.16 B
|
$1.20 B
|
| EBITDA |
$3.28 B |
$2.49 B |
$2.51 B |
$3.54 B |
$4.21 B |
$2.42 B |
$2.94 B |
$2.99 B |
$2.97 B |
$5.05 B |
| EBITDA Ratio |
0.21
|
0.19
|
0.2
|
0.25
|
0.3
|
0.21
|
0.26
|
0.26
|
0.29
|
0.54
|
| Operating Income Ratio |
0.15
|
0.09
|
0.07
|
0.1
|
0.15
|
0.05
|
0.11
|
0.14
|
0.16
|
0.15
|
| Total Other Income/Expenses Net |
-$227.00 M
|
-$322.00 M
|
-$74.00 M
|
$359.00 M
|
$314.00 M
|
$114.00 M
|
-$90.00 M
|
-$72.00 M
|
$49.00 M
|
$2.27 B
|
| Income Before Tax |
$2.05 B
|
$813.00 M
|
$816.00 M
|
$1.80 B
|
$2.43 B
|
$623.00 M
|
$1.22 B
|
$1.50 B
|
$1.66 B
|
$3.69 B
|
| Income Before Tax Ratio |
0.13
|
0.06
|
0.06
|
0.13
|
0.17
|
0.06
|
0.11
|
0.13
|
0.16
|
0.39
|
| Income Tax Expense |
$310.00 M
|
$221.00 M
|
$168.00 M
|
$411.00 M
|
$491.00 M
|
$111.00 M
|
$256.00 M
|
$437.00 M
|
$2.15 B
|
-$3.00 M
|
| Net Income |
$1.60 B
|
$506.00 M
|
$581.00 M
|
$1.32 B
|
$1.91 B
|
$512.00 M
|
$960.00 M
|
$1.07 B
|
-$497.00 M
|
$3.70 B
|
| Net Income Ratio |
0.1
|
0.04
|
0.05
|
0.09
|
0.14
|
0.05
|
0.08
|
0.09
|
-0.05
|
0.39
|
| EPS |
1.86 |
0.59 |
0.69 |
1.56 |
1.3 |
0.54 |
1.23 |
1.19 |
-0.66 |
3.53 |
| EPS Diluted |
1.85 |
0.58 |
0.68 |
1.54 |
1.28 |
0.54 |
1.07 |
1.13 |
-0.66 |
3.23 |
| Weighted Average Shares Out |
$860.00 M
|
$853.00 M
|
$848.00 M
|
$843.00 M
|
$828.00 M
|
$761.00 M
|
$776.00 M
|
$941.00 M
|
$895.00 M
|
$1.02 B
|
| Weighted Average Shares Out Diluted |
$860.00 M
|
$869.00 M
|
$859.00 M
|
$857.00 M
|
$844.00 M
|
$772.00 M
|
$899.00 M
|
$941.00 M
|
$895.00 M
|
$1.14 B
|
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