Corning Inc. income statement

In fiscal 2025, Corning Inc. reported revenue of $15.63bn, up 19.1% on the year before, operating income of $2.28bn (a 14.6% margin) and net income of $1.60bn, or $1.83 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Corning Inc.: income statement, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Revenue	5.4	6.6	7.9	8.0	7.8	9.7	9.1	9.4	10.1	11.3	11.5	11.3	14.1	14.2	12.6	13.1	15.6	17.7
Cost of revenue	3.3	3.6	4.3	4.7	4.5	5.7	5.5	5.6	6.1	6.8	7.5	7.8	9.0	9.7	8.7	8.8	10.0	11.3
Gross profit	2.1	3.0	3.6	3.3	3.3	4.1	3.7	3.8	4.0	4.5	4.0	3.5	5.1	4.5	3.9	4.3	5.6	6.5
Research and development	0.5	0.5	0.6	0.7	0.6	0.7	0.6	0.6	0.7	0.8	0.8	1.0	0.8	0.9	0.9	0.8	0.8	—
Selling, general and administrative	0.9	1.0	1.0	1.2	1.1	1.2	1.5	1.5	1.5	1.8	1.6	1.7	1.8	1.9	1.8	1.9	2.1	2.3
Operating income	0.4	1.8	1.7	1.2	1.4	1.9	1.3	1.4	1.6	1.6	1.3	0.5	2.1	1.4	0.9	1.1	2.3	2.9
Interest expense	—	—	—	—	—	—	—	—	—	—	—	—	—	0.3	0.3	0.3	0.3	0.4
Income before tax	—	—	—	—	—	—	1.5	3.7	1.7	1.5	1.2	0.6	2.4	1.8	0.8	0.8	2.1	2.8
Income tax	−0.1	0.3	0.4	0.3	0.5	1.1	0.1	−0.0	2.2	0.4	0.3	0.1	0.5	0.4	0.2	0.2	0.3	0.5
Net income	2.0	3.6	2.8	1.6	2.0	2.5	1.3	3.7	−0.5	1.1	1.0	0.5	1.9	1.3	0.6	0.5	1.6	2.2
Diluted EPS	$1.28	$2.25	$1.78	$1.09	$1.34	$1.73	$1.00	$3.23	−$0.66	$1.13	$1.07	$0.54	$1.28	$1.54	$0.68	$0.58	$1.83	$2.46
Diluted shares (average)	1,568m	1,581m	1,583m	1,506m	1,462m	1,427m	1,343m	1,144m	895m	941m	899m	772m	844m	857m	859m	869m	871m	876m
EBITDA	1.2	2.6	2.7	2.2	2.3	3.1	2.5	2.6	2.7	2.8	2.7	1.9	3.5	2.8	2.1	2.4	3.5	4.3

US$ millions unless shown otherwise. Fiscal quarters.

Corning Inc.: income statement, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026	2026 Q3Sept 2026
Revenue	3,501	3,452	3,862	4,100	4,215	4,144	4,505	4,855
Cost of revenue	2,304	2,238	2,470	2,580	2,720	2,616	2,877	3,045
Gross profit	1,197	1,214	1,392	1,520	1,495	1,528	1,628	1,810
Selling, general and administrative	499	471	515	624	512	588	608	563
Operating income	393	445	573	589	672	639	698	911
Interest expense	79	82	83	78	93	92	94	87
Income before tax	437	240	584	550	678	529	649	968
Income tax	97	55	84	80	91	121	40	222
Net income	310	157	469	430	540	371	559	680
Diluted EPS	$0.35	$0.18	$0.54	$0.50	$0.62	$0.43	$0.64	$0.78
EBITDA	698	736	885	899	996	973	1,066	1,282

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Corning Inc.'s SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Corning Inc.