Corning Inc.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.51B | $4.14B | $4.22B | $4.10B | $3.86B | $3.45B | $3.50B | $3.39B |
| Cost of Revenue | $2.88B | $2.62B | $2.72B | $2.58B | $2.47B | $2.24B | $2.30B | $2.25B |
| Gross Profit | $1.63B | $1.53B | $1.50B | $1.52B | $1.39B | $1.21B | $1.20B | $1.14B |
| Gross Margin | 36.1% | 36.9% | 35.5% | 37.1% | 36.0% | 35.2% | 34.2% | 33.5% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $608.0M | $588.0M | $512.0M | $624.0M | $515.0M | $471.0M | $499.0M | $510.0M |
| Operating Income | $698.0M | $639.0M | $672.0M | $589.0M | $573.0M | $445.0M | $393.0M | $302.0M |
| Operating Margin | 15.5% | 15.4% | 15.9% | 14.4% | 14.8% | 12.9% | 11.2% | 8.9% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $649.0M | $529.0M | $678.0M | $550.0M | $584.0M | $240.0M | $437.0M | $-92.0M |
| Income Tax Expense | $40.0M | $121.0M | $91.0M | $80.0M | $84.0M | $55.0M | $97.0M | $3.0M |
| Net Income | $559.0M | $371.0M | $540.0M | $430.0M | $469.0M | $157.0M | $310.0M | $-117.0M |
| Net Margin | 12.4% | 9.0% | 12.8% | 10.5% | 12.1% | 4.5% | 8.9% | -3.5% |
| EPS (Basic) | $0.65 | $0.43 | $0.64 | $0.50 | $0.55 | $0.18 | $0.36 | $-0.14 |
| EPS (Diluted) | $0.64 | $0.43 | $0.61 | $0.50 | $0.54 | $0.18 | $0.36 | $-0.14 |
| Shares Outstanding (Basic) | 862.0M | 857.0M | 855.0M | 856.0M | 855.0M | 855.0M | 853.0M | 854.0M |
| Shares Outstanding (Diluted) | 875.0M | 871.0M | 871.0M | 868.0M | 865.0M | 866.0M | 869.0M | 854.0M |
| Dividends Per Share | $0.56 | $0.28 | — | — | $0.56 | $0.28 | — | — |