# Corning Incorporated (GLW)

**Exchange:** NYSE  
**Sector:** Technology  
**Market cap:** $146.48B  
**Price:** $168.17 (-3.32%)

> Corning Incorporated is a diversified technology company specializing in advanced glass, ceramics, and optical materials for industrial and scientific applications. Operating through five primary segments—Optical Communications, Display, Specialty Materials, Automotive, and Life Sciences—Corning serves multiple interconnected markets globally. The company manufactures optical fibers and cables for telecommunications infrastructure, glass substrates for flat panel displays used in televisions and computing devices, and cover glass for smartphones. In the automotive sector, Corning produces ceramic substrates and filter products for emissions control in gasoline and diesel engines. The Life Sciences division offers laboratory products under brands including Corning, Falcon, PYREX, and Axygen, alongside pharmaceutical glass and polysilicon products for solar applications. Headquartered in Corning, New York, and founded in 1851, the company maintains vertical integration across its supply chains and operates internationally across the United States, Canada, Mexico, Japan, Taiwan, China, South Korea, Germany, and other regions. Corning serves businesses, governments, and individual consumers through both direct and partnership distribution channels.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $15.63B | $5.62B | $2.28B | $1.60B | — |
| 2024 | $13.12B | $4.28B | $1.14B | $506M | — |
| 2023 | $12.59B | $3.93B | $890M | $581M | — |
| 2022 | $14.19B | $4.51B | $1.44B | $1.32B | — |
| 2021 | $14.08B | $5.06B | $2.11B | $1.91B | — |
| 2020 | $11.30B | $3.53B | $509M | $512M | — |
| 2019 | $11.50B | $4.04B | $1.31B | $960M | — |
| 2018 | $11.29B | $4.46B | $1.57B | $1.07B | — |
| 2017 | $10.12B | $4.02B | $1.61B | -$497M | — |
| 2016 | $9.39B | $3.76B | $1.42B | $3.69B | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $30.98B | $18.67B | $11.81B | $1.53B | — |
| 2024 | $27.73B | $16.66B | $10.69B | $1.77B | — |
| 2023 | $28.50B | $16.63B | $11.55B | $1.78B | — |
| 2022 | $29.50B | $17.22B | $12.01B | — | — |
| 2021 | $30.15B | $17.61B | $12.33B | — | — |
| 2020 | $30.77B | $17.33B | $13.26B | — | — |
| 2019 | $28.90B | $15.90B | $12.91B | — | — |
| 2018 | $27.50B | $13.62B | $13.79B | $2.35B | — |
| 2017 | $27.49B | $11.72B | $15.70B | $4.32B | — |
| 2016 | $27.90B | $9.94B | $17.89B | $5.29B | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $2.69B | — | — |
| 2024 | $1.94B | — | — |
| 2023 | $2.00B | — | — |
| 2022 | $2.62B | — | — |
| 2021 | $3.41B | — | — |
| 2020 | $2.18B | — | — |
| 2019 | $2.03B | — | — |
| 2018 | $2.92B | — | — |
| 2017 | $2.00B | — | — |
| 2016 | $2.54B | — | — |
| 2015 | $2.83B | — | — |

Source: [CompaniesByCap](https://companiesbycap.com/company/GLW)