Corning Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $1.60B | $506.0M | $581.0M | $1.32B | $1.91B | $512.0M | $960.0M | $1.07B |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $1.24B | $1.23B | $1.25B | $1.33B | $1.35B | $1.40B | $1.39B | $1.20B |
| Amortization | $110.0M | $121.0M | $122.0M | $123.0M | $129.0M | $121.0M | $113.0M | $94.0M |
| Stock-Based Compensation | $286.0M | $273.0M | $218.0M | $175.0M | $190.0M | $207.0M | $56.0M | $51.0M |
| Net Cash from Operating Activities | $2.70B | $1.94B | $2.01B | $2.62B | $3.41B | $2.18B | $2.03B | $2.92B |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | $-4.0M | — | $842.0M |
| Net Cash from Investing Activities | $-1.24B | $-744.0M | $-1.00B | $-1.36B | $-1.42B | $-1.31B | $-1.89B | $-2.89B |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $163.0M | $165.0M | — | $221.0M | $274.0M | $105.0M | $940.0M | $2.23B |
| Net Cash from Financing Activities | $-1.67B | $-1.16B | $-883.0M | $-1.65B | $-2.45B | $-729.0M | $-47.0M | $-2.00B |
| Net Change in Cash | $-202.0M | $-11.0M | $108.0M | $-477.0M | $-524.0M | $238.0M | $79.0M | $-1.96B |
| Free Cash Flow | — | — | — | — | — | — | — | — |