Corning Incorporated
Corning Incorporated (GLW.DE) Financial Performance & Income Statement Overview
View comprehensive annual and quarterly summaries for Corning Incorporated (GLW.DE), featuring income statements, balance sheets, and cash flow data.
Corning Incorporated (GLW.DE) Income Statement & Financial Overview
Explore comprehensive income reports for Corning Incorporated GLW.DE, broken down by year and quarter.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $3.45B | $3.50B | $3.39B | $3.25B |
| Cost of Revenue | $2.24B | $2.30B | $2.25B | $2.32B |
| Gross Profit | $1.21B | $1.20B | $1.14B | $934.00M |
| Gross Profit Ratio | $0.35 | $0.34 | $0.34 | $0.29 |
| R&D Expenses | $270.00M | $275.00M | $294.00M | $262.00M |
| SG&A Expenses | $471.00M | $499.00M | $510.00M | $319.00M |
| Operating Expenses | $741.00M | $804.00M | $804.00M | $581.00M |
| Total Costs & Expenses | $2.98B | $3.11B | $3.06B | $2.90B |
| Interest Income | $12.00M | $13.00M | $12.00M | $10.00M |
| Interest Expense | $82.00M | $79.00M | $83.00M | $84.00M |
| Depreciation & Amortization | $319.00M | $335.00M | $339.00M | $335.00M |
| EBITDA | $641.00M | $776.00M | $330.00M | $591.00M |
| EBITDA Ratio | $0.19 | $0.22 | $0.10 | $0.18 |
| Operating Income | $445.00M | $393.00M | $302.00M | $353.00M |
| Operating Income Ratio | $0.13 | $0.11 | $0.09 | $0.11 |
| Other Income/Expenses (Net) | -$205.00M | $44.00M | -$394.00M | -$14.00M |
| Income Before Tax | $240.00M | $437.00M | -$92.00M | $172.00M |
| Income Before Tax Ratio | $0.07 | $0.12 | -$0.03 | $0.05 |
| Income Tax Expense | $55.00M | $97.00M | $3.00M | $50.00M |
| Net Income | $157.00M | $310.00M | -$117.00M | $104.00M |
| Net Income Ratio | $0.05 | $0.09 | -$0.03 | $0.03 |
| EPS | $0.18 | $0.35 | -$0.14 | $0.12 |
| Diluted EPS | $0.18 | $0.36 | -$0.14 | $0.12 |
| Weighted Avg Shares Outstanding | $854.00M | $881.99M | $854.00M | $853.00M |
| Weighted Avg Shares Outstanding (Diluted) | $854.00M | $854.00M | $854.00M | $864.00M |
Over the last four quarters, Corning Incorporated's revenue moved from $3.25B in Q2 2024 to $3.45B in Q1 2025. Operating income in Q1 2025 was $445.00M, with a strong operating margin of 13%. Despite fluctuations in R&D and SG&A expenses, EBITDA for Corning Incorporated remained robust at $641.00M, reflecting operational efficiency. Net income dropped to $157.00M, with an EPS of $0.18. Disciplined expense management helped sustain profitability, highlighting solid overall financial performance.
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