Corning revenue and financials
$159.37Change from previous close: −2.94%Absolute change: −$4.82
In the fiscal year ended December 2025, Corning reported revenue of $15.63B (+19.14% year over year). Net income was $1.6B, a net margin of 10.2%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +19.14%
- 2025 vs 2024
- Net income growth
- +215.42%
- 2025 vs 2024
- Net margin
- 10.2%
- 2024: 3.9%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 15,629 | 13,118 | 12,588 | 14,189 | 14,082 | 11,303 | 11,503 | 11,290 | 10,116 | 9,390 |
| Cost of revenue | 10,008 | 8,842 | 8,657 | 9,683 | 9,019 | 7,772 | 7,468 | 6,829 | 6,096 | 5,627 |
| Gross profit | 5,621 | 4,276 | 3,931 | 4,506 | 5,063 | 3,531 | 4,035 | 4,461 | 4,020 | 3,763 |
| Selling, general and administrative | 2,122 | 1,931 | 1,843 | 1,898 | — | — | — | — | — | — |
| Research and development | 800 | 800 | 900 | 900 | 800 | 1,000 | 800 | 807 | 689 | 637 |
| Operating income | 2,279 | 1,135 | 890 | 1,438 | 2,112 | 509 | 1,306 | 1,575 | 1,608 | 1,424 |
| EBIT | 2,388 | 1,142 | 1,145 | 2,089 | — | — | — | — | — | — |
| EBITDA | 3,735 | 2,492 | 2,514 | 3,541 | — | — | — | — | — | — |
| Interest expense | 336 | 329 | 329 | 292 | — | — | — | — | — | — |
| Pre-tax income | 2,052 | 813 | 816 | 1,797 | — | — | — | — | — | — |
| Income tax | 310 | 221 | 168 | 411 | 491 | 111 | 256 | 437 | 2,154 | -3.0 |
| Net income | 1,596 | 506 | 581 | 1,316 | 1,906 | 512 | 960 | 1,066 | -497 | 3,695 |
| Net income to common shareholders | 1,596 | 506 | 581 | 1,316 | — | — | — | — | — | — |
| Basic EPS | 1.87 | 0.59 | 0.69 | 1.56 | 1.30 | 0.54 | 1.11 | 1.19 | -0.66 | 3.53 |
| Diluted EPS | 1.83 | 0.58 | 0.68 | 1.54 | 1.28 | 0.54 | 1.07 | 1.13 | -0.66 | 3.23 |
| Average shares (basic) | 855 | 853 | 848 | 843 | — | — | — | — | — | — |
| Average shares (diluted) | 871 | 869 | 859 | 857 | 844 | 772 | 899 | 941 | 895 | 1,144 |
