Corning Incorporated (GLW) Financials
Key financial figures for Corning Incorporated (Q2 2026).
Corning grew Q2 2026 core sales 17% year-over-year to $4.74 billion and core EPS 30% to $0.78, its ninth consecutive quarter of year-over-year growth, though shares fell in premarket trading as Q3 guidance underwhelmed elevated expectations. Core sales grew 17% year-over-year to $4.74 billion and core EPS grew 30% to $0.78, which CFO Ed Schlesinger called the company's ninth consecutive quarter of year-over-year growth. GAAP net sales were $4,505 million (+17% YoY) and GAAP net income attributable to Corning was $559 million, or $0.64 per diluted share (+19% YoY). Optical Communications, Corning's largest segment, grew net sales 32% YoY to $2,072 million, including a 65% increase in Enterprise Networks driven by Gen AI product demand; segment net income rose 77% to $438 million. On the outlook: For Q3 2026, management guided core sales to grow approximately 16% year over year to a range of $4.9 billion to $5.0 billion, and core EPS to grow approximately 28% year over year to a range of $0.85 to $0.89. Figures are for Q2 2026, as Corning Incorporated reported them.
- Revenue
- $4.5B
- Net Income
- $609M
- EPS
- $0.65
- Total Assets
- $33.0B
- Operating Cash Flow
- $1.7B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q2 FY2026 | $4.5B | $559M | $0.64 | 15.49% | $1.3B |
| Q1 FY2026 | $4.1B | $371M | $0.43 | 15.42% | $30M |
| Q4 FY2025 | $4.2B | $540M | $0.63 | 16.56% | $620M |
| Q3 FY2025 | $4.1B | $430M | $0.50 | 14.37% | $450M |
| Q2 FY2025 | $3.9B | $469M | $0.54 | 14.84% | $400M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $15.6B | $1.6B | $1.85 | 14.91% | $1.4B |
| FY2024 | $13.1B | $506M | $0.58 | 8.65% | $974M |
| FY2023 | $12.6B | $581M | $0.68 | 7.07% | $615M |
Frequently asked questions
What was Corning Incorporated's revenue last quarter?
Corning Incorporated reported revenue of $4.51 billion for Q2 FY2026, up 16.6% from the same period a year earlier.
Is Corning Incorporated profitable?
Yes. Corning Incorporated reported net income of $559.0 million for Q2 FY2026, a net margin of 12.41% on revenue.
How has Corning Incorporated's margin trended?
Operating margin was 15.49% in Q2 FY2026, compared with 14.84% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Corning Incorporated generate?
Corning Incorporated generated free cash flow of $1.30 billion in Q2 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Corning Incorporated on SentiSense, with up to forty quarters and twenty fiscal years of history.