Corning Inc /Ny financial data

Symbol
GLW on NYSE
Location
One Riverfront Plaza, Corning, NY
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2025 - Aug 1, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 161 % -2.51%
Quick Ratio 58.8 % -5.06%
Debt-to-equity 154 % +5.05%
Return On Equity 7.25 % +91%
Return On Assets 2.92 % +86.2%
Operating Margin 12.1 % +98.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 857M shares +0.11%
Entity Public Float 33B USD +10%
Common Stock, Value, Issued 923M USD +0.44%
Weighted Average Number of Shares Outstanding, Basic 855M shares +0.23%
Weighted Average Number of Shares Outstanding, Diluted 865M shares +0.12%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 14.2B USD +14.6%
Cost of Revenue 9.27B USD +8.55%
Operating Income (Loss) 1.71B USD +127%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.17B USD +80.7%
Income Tax Expense (Benefit) 239M USD +63.7%
Net Income (Loss) Attributable to Parent 819M USD +87.4%
Earnings Per Share, Basic 0 USD/shares +82.7%
Earnings Per Share, Diluted 0 USD/shares +84.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.77B USD -0.62%
Accounts Receivable, after Allowance for Credit Loss, Current 2.3B USD +33.5%
Inventory, Net 3.08B USD +15%
Other Assets, Current 1.32B USD +1.85%
Assets, Current 8.2B USD +15.1%
Deferred Income Tax Assets, Net 1.19B USD +4.67%
Property, Plant and Equipment, Net 13.9B USD +1.01%
Operating Lease, Right-of-Use Asset 796M USD -9.85%
Intangible Assets, Net (Excluding Goodwill) 711M USD -15%
Goodwill 2.49B USD +5.37%
Other Assets, Noncurrent 2.28B USD +15%
Assets 28.7B USD +5.76%
Accounts Payable, Current 1.93B USD +31.7%
Employee-related Liabilities, Current 632M USD +11.1%
Accrued Liabilities, Current 2.76B USD +2.76%
Contract with Customer, Liability, Current 169M USD -5.06%
Liabilities, Current 5.48B USD +21%
Long-term Debt and Lease Obligation 6.71B USD -2.81%
Contract with Customer, Liability, Noncurrent 896M USD -9.13%
Deferred Income Tax Liabilities, Net 176M USD +5.39%
Operating Lease, Liability, Noncurrent 898M USD +9.38%
Other Liabilities, Noncurrent 4.71B USD +5.63%
Liabilities 17.2B USD +5.83%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.93B USD +25.4%
Retained Earnings (Accumulated Deficit) 15.8B USD -0.96%
Stockholders' Equity Attributable to Parent 11.1B USD +5.02%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 11.5B USD +5.66%
Liabilities and Equity 28.7B USD +5.76%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 151M USD +57.3%
Net Cash Provided by (Used in) Financing Activities -403M USD -30.8%
Net Cash Provided by (Used in) Investing Activities -165M USD +10.3%
Common Stock, Shares Authorized 3.8B shares 0%
Common Stock, Shares, Issued 1.8B shares 0%
Common Stock, Par or Stated Value Per Share 0.5 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -409M USD +1.21%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.49B USD +5.07%
Deferred Tax Assets, Valuation Allowance 173M USD -16.4%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 1.68B USD -0.65%
Operating Lease, Liability 880M USD -8.14%
Depreciation 291M USD -5.21%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.48B USD +3257%
Lessee, Operating Lease, Liability, to be Paid 1.19B USD -9.23%
Property, Plant and Equipment, Gross 27.9B USD -4.56%
Operating Lease, Liability, Current 101M USD +9.78%
Lessee, Operating Lease, Liability, to be Paid, Year Two 109M USD -6.03%
Lessee, Operating Lease, Liability, to be Paid, Year One 129M USD -7.86%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) -50M USD -600%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 310M USD -12.2%
Lessee, Operating Lease, Liability, to be Paid, Year Three 92M USD -11.5%
Deferred Tax Assets, Operating Loss Carryforwards 213M USD -22.3%
Unrecognized Tax Benefits 411M USD +10.2%
Lessee, Operating Lease, Liability, to be Paid, Year Four 82M USD -7.87%
Amortization of Intangible Assets 117M USD -2.5%
Deferred Tax Assets, Net of Valuation Allowance 1.51B USD +1.55%
Share-based Payment Arrangement, Expense 264M USD +13.3%