Corning › Financials
Corning financials
GLWTen years from Corning’s own SEC filings. Fiscal years end in December.
Income statement
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Jun 2026 | Latest quarterJun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.39B | $10.12B | $11.29B | $11.50B | $11.30B | $14.08B | $14.19B | $12.59B | $13.12B | $15.63B | $16.96B | — |
| Gross profit | $3.76B | $4.02B | $4.46B | $4.04B | $3.53B | $5.06B | $4.51B | $3.93B | $4.28B | $5.62B | $6.17B | — |
| Operating income | $1.42B | $1.61B | $1.57B | $1.31B | $509.0M | $2.11B | $1.44B | $890.0M | $1.14B | $2.28B | $2.60B | — |
| Net income | $3.69B | −$497.0M | $1.07B | $960.0M | $512.0M | $1.91B | $1.32B | $581.0M | $506.0M | $1.60B | $1.90B | — |
| Earnings per share, diluted | $3.23 | −$0.66 | $1.13 | $1.07 | $0.54 | $1.28 | $1.54 | $0.68 | $0.58 | $1.83 | — | — |
Balance sheet
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Jun 2026 | Latest quarterJun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $5.29B | $4.32B | $2.35B | $2.43B | $2.67B | $2.15B | $1.67B | $1.78B | $1.77B | $1.53B | — | $2.50B |
| Total assets | $27.90B | $27.49B | $27.50B | $28.90B | $30.77B | $30.15B | $29.50B | $28.50B | $27.73B | $30.98B | — | $32.96B |
| Debt | $3.90B | $5.13B | $6.00B | $7.74B | $7.90B | $7.04B | $6.91B | $7.53B | $7.21B | $8.43B | — | $8.42B |
| Total liabilities | $9.94B | $11.72B | $13.62B | $15.90B | $17.33B | $17.61B | $17.22B | $16.63B | $16.66B | $18.67B | — | $19.83B |
| Shareholders' equity | $17.89B | $15.70B | $13.79B | $12.91B | $13.26B | $12.33B | $12.01B | $11.55B | $10.69B | $11.81B | — | $12.56B |
Cash flow
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Jun 2026 | Latest quarterJun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $2.54B | $2.00B | $2.92B | $2.03B | $2.18B | $3.41B | $2.62B | $2.00B | $1.94B | $2.69B | $3.92B | — |
| Capital spending | — | — | $2.24B | $1.98B | $1.38B | $1.64B | $1.60B | $1.39B | $965.0M | $1.28B | $1.52B | — |
| Free cash flow | — | — | $677.0M | $53.0M | $803.0M | $1.77B | $1.01B | $615.0M | $974.0M | $1.41B | $2.40B | — |
| Buybacks | $4.23B | $2.45B | $2.23B | $940.0M | $105.0M | $274.0M | $221.0M | — | $165.0M | $163.0M | — | — |
| Dividends | $645.0M | $553.0M | $587.0M | $644.0M | $689.0M | $847.0M | $926.0M | $968.0M | $971.0M | $971.0M | $991.0M | — |
| Returned to shareholders | $4.87B | $3.00B | $2.81B | $1.58B | $794.0M | $1.12B | $1.15B | $968.0M | $1.14B | $1.13B | $991.0M | — |
| Stock-based pay | $42.0M | $46.0M | $51.0M | $56.0M | $207.0M | $190.0M | $175.0M | $218.0M | $273.0M | $286.0M | $419.0M | — |
Where these numbers come from
Every column links to the filing it comes from on EDGAR. Last 12 months adds the latest year to date to the last 10-K and takes away the same months a year earlier. Debt is long-term debt including the part due within a year. A dash means the company did not report that line in a form we can read, never a zero. Market cap uses the latest closing price and the share count from the cover of the latest filing. How we count
Corning financials, answered
What is Corning's market cap?
$113.70B at $132.00 a share, with 861,388,331 shares outstanding as of Jul 24, 2026, from the cover of its latest SEC filing.
How much does Corning earn?
Revenue of $16.96B and net income of $1.90B in the last 12 months to Jun 2026.
How much debt does Corning have?
Corning reported $8.42B of debt and $2.50B of cash and equivalents on its balance sheet in Jun 2026.
Does Corning make free cash flow?
Yes. Operating cash flow minus capital spending was $2.40B in the last 12 months to Jun 2026.
How much cash does Corning return to shareholders?
$1.13B in buybacks and dividends in fiscal 2025, from the cash flow statement.