Corning Quarterly Income Statements Chart
Quarterly
|
Annual
Corning Quarterly Income Statements Table
Quarterly
|
Annual
| Unit: USD | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| net sales | 3,862,000,000 | 3,452,000,000 | 3,501,000,000 | 3,391,000,000 | 3,251,000,000 | 2,975,000,000 | 2,994,000,000 | 3,173,000,000 | 3,243,000,000 | 3,178,000,000 | 3,406,000,000 | 3,488,000,000 | 3,615,000,000 | 3,680,000,000 | 3,676,000,000 | 3,615,000,000 | 3,501,000,000 | 3,290,000,000 | 3,350,000,000 | 3,001,000,000 | 2,561,000,000 | 2,391,000,000 | 2,817,000,000 | 2,934,000,000 | 2,940,000,000 | 2,812,000,000 | 3,035,000,000 | 3,008,000,000 | 2,747,000,000 | 2,500,000,000 | 2,637,000,000 | 2,607,000,000 | 2,497,000,000 | 2,375,000,000 | 2,476,000,000 | 2,507,000,000 | 2,360,000,000 | 2,047,000,000 | 2,231,000,000 | 2,272,000,000 | 2,343,000,000 | 2,265,000,000 | 2,404,000,000 | 2,540,000,000 | 2,482,000,000 | 2,289,000,000 | 1,465,750,000 | 2,067,000,000 | 1,982,000,000 | 1,814,000,000 | 2,146,000,000 | 2,038,000,000 | 1,908,000,000 | 1,920,000,000 | 1,887,000,000 | 2,075,000,000 | 2,005,000,000 | 1,923,000,000 | |
| yoy | 18.79% | 16.03% | 16.93% | 6.87% | 0.25% | -6.39% | -12.10% | -9.03% | -10.29% | -13.64% | -7.34% | -3.51% | 3.26% | 11.85% | 9.73% | 20.46% | 36.70% | 37.60% | 18.92% | 2.28% | -12.89% | -14.97% | -7.18% | -2.46% | 7.03% | 12.48% | 15.09% | 15.38% | 10.01% | 5.26% | 6.50% | 3.99% | 5.81% | 16.02% | 10.98% | 10.34% | 0.73% | -9.62% | -7.20% | -10.55% | -5.60% | -1.05% | 64.01% | 22.88% | 25.23% | 26.19% | -31.70% | 1.42% | 3.88% | -5.52% | 13.73% | -1.78% | -4.84% | -0.16% | |||||
| qoq | 11.88% | -1.40% | 3.24% | 4.31% | 9.28% | -0.63% | -5.64% | -2.16% | 2.05% | -6.69% | -2.35% | -3.51% | -1.77% | 0.11% | 1.69% | 3.26% | 6.41% | -1.79% | 11.63% | 17.18% | 7.11% | -15.12% | -3.99% | -0.20% | 4.55% | -7.35% | 0.90% | 9.50% | 9.88% | -5.20% | 1.15% | 4.41% | 5.14% | -4.08% | -1.24% | 6.23% | 15.29% | -8.25% | -1.80% | -3.03% | 3.44% | -5.78% | -5.35% | 2.34% | 8.43% | 56.17% | -29.09% | 4.29% | 9.26% | -15.47% | 5.30% | 6.81% | -0.62% | 1.75% | -9.06% | 3.49% | 4.26% | ||
| cost of sales | 2,470,000,000 | 2,238,000,000 | 2,304,000,000 | 2,254,000,000 | 2,302,000,000 | 1,982,000,000 | 2,083,000,000 | 2,169,000,000 | 2,230,000,000 | 2,175,000,000 | 2,491,000,000 | 2,426,000,000 | 2,369,000,000 | 2,397,000,000 | 2,405,000,000 | 2,294,000,000 | 2,186,000,000 | 2,134,000,000 | 2,137,000,000 | 2,000,000,000 | 1,805,000,000 | 1,830,000,000 | 1,963,000,000 | 1,917,000,000 | 1,875,000,000 | 1,713,000,000 | 1,833,000,000 | 1,776,000,000 | 1,675,000,000 | 1,545,000,000 | 1,603,000,000 | 1,551,000,000 | 1,512,000,000 | 1,418,000,000 | 1,486,000,000 | 1,466,000,000 | 1,409,000,000 | 1,283,000,000 | 1,374,000,000 | 1,380,000,000 | 1,368,000,000 | 1,336,000,000 | 1,408,000,000 | 1,451,000,000 | 1,450,000,000 | 1,354,000,000 | 827,250,000 | 1,166,000,000 | 1,099,000,000 | 1,044,000,000 | 1,239,000,000 | 1,159,000,000 | 1,111,000,000 | 1,106,000,000 | 1,062,000,000 | 1,097,000,000 | 1,116,000,000 | 1,049,000,000 | |
| gross margin | 1,392,000,000 | 1,214,000,000 | 1,197,000,000 | 1,137,000,000 | 949,000,000 | 993,000,000 | 911,000,000 | 1,004,000,000 | 1,013,000,000 | 1,003,000,000 | 915,000,000 | 1,062,000,000 | 1,246,000,000 | 1,283,000,000 | 1,271,000,000 | 1,321,000,000 | 1,315,000,000 | 1,156,000,000 | 1,213,000,000 | 1,001,000,000 | 756,000,000 | 561,000,000 | 854,000,000 | 1,017,000,000 | 1,065,000,000 | 1,099,000,000 | 1,202,000,000 | 1,232,000,000 | 1,072,000,000 | 955,000,000 | 1,034,000,000 | 1,056,000,000 | 985,000,000 | 957,000,000 | 990,000,000 | 1,041,000,000 | 951,000,000 | 764,000,000 | 857,000,000 | 892,000,000 | 975,000,000 | 929,000,000 | 996,000,000 | 1,089,000,000 | 1,032,000,000 | 935,000,000 | 638,500,000 | 901,000,000 | 883,000,000 | 770,000,000 | 907,000,000 | 879,000,000 | 797,000,000 | 814,000,000 | 825,000,000 | 978,000,000 | 889,000,000 | 874,000,000 | |
| yoy | 46.68% | 22.26% | 31.39% | 13.25% | -6.32% | -1.00% | -0.44% | -5.46% | -18.70% | -21.82% | -28.01% | -19.61% | -5.25% | 10.99% | 4.78% | 31.97% | 73.94% | 106.06% | 42.04% | -1.57% | -29.01% | -48.95% | -28.95% | -17.45% | -0.65% | 15.08% | 16.25% | 16.67% | 8.83% | -0.21% | 4.44% | 1.44% | 3.58% | 25.26% | 15.52% | 16.70% | -2.46% | -17.76% | -13.96% | -18.09% | -5.52% | -0.64% | 55.99% | 20.87% | 16.87% | 21.43% | -29.60% | 2.50% | 10.79% | -5.41% | 9.94% | -10.12% | -10.35% | -6.86% | |||||
| qoq | 14.66% | 1.42% | 5.28% | 19.81% | -4.43% | 9.00% | -9.26% | -0.89% | 1.00% | 9.62% | -13.84% | -14.77% | -2.88% | 0.94% | -3.79% | 0.46% | 13.75% | -4.70% | 21.18% | 32.41% | 34.76% | -34.31% | -16.03% | -4.51% | -3.09% | -8.57% | -2.44% | 14.93% | 12.25% | -7.64% | -2.08% | 7.21% | 2.93% | -3.33% | -4.90% | 9.46% | 24.48% | -10.85% | -3.92% | -8.51% | 4.95% | -6.73% | -8.54% | 5.52% | 10.37% | 46.44% | -29.13% | 2.04% | 14.68% | -15.10% | 3.19% | 10.29% | -2.09% | -1.33% | -15.64% | 10.01% | 1.72% | ||
| gross margin % | 36.04% | 35.17% | 34.19% | 33.53% | 29.19% | 33.38% | 30.43% | 31.64% | 31.24% | 31.56% | 26.86% | 30.45% | 34.47% | 34.86% | 34.58% | 36.54% | 37.56% | 35.14% | 36.21% | 33.36% | 29.52% | 23.46% | 30.32% | 34.66% | 36.22% | 39.08% | 39.60% | 40.96% | 39.02% | 38.20% | 39.21% | 40.51% | 39.45% | 40.29% | 39.98% | 41.52% | 40.30% | 37.32% | 38.41% | 39.26% | 41.61% | 41.02% | 41.43% | 42.87% | 41.58% | 40.85% | 43.56% | 43.59% | 44.55% | 42.45% | 42.26% | 43.13% | 41.77% | 42.40% | 43.72% | 47.13% | 44.34% | 45.45% | |
| operating expenses: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| selling, general and administrative expenses | 515,000,000 | 471,000,000 | 499,000,000 | 510,000,000 | 471,000,000 | 451,000,000 | 514,000,000 | 468,000,000 | 440,000,000 | 421,000,000 | 517,000,000 | 461,000,000 | 486,000,000 | 434,000,000 | 476,000,000 | 486,000,000 | 465,000,000 | 400,000,000 | 471,000,000 | 480,000,000 | 401,000,000 | 395,000,000 | 401,000,000 | 369,000,000 | 414,000,000 | 401,000,000 | 447,000,000 | 439,000,000 | 412,000,000 | 501,000,000 | 400,000,000 | 372,000,000 | 379,000,000 | 316,000,000 | 368,000,000 | 302,000,000 | 499,000,000 | 303,000,000 | 563,000,000 | 307,000,000 | 337,000,000 | 316,000,000 | 242,000,000 | 256,000,000 | 318,000,000 | 395,000,000 | 197,500,000 | 265,000,000 | 266,000,000 | 259,000,000 | 301,000,000 | 294,000,000 | 291,000,000 | 279,000,000 | 283,000,000 | 216,000,000 | 284,000,000 | 250,000,000 | |
| research, development and engineering expenses | 276,000,000 | 270,000,000 | 275,000,000 | 294,000,000 | 262,000,000 | 258,000,000 | 289,000,000 | 270,000,000 | 263,000,000 | 254,000,000 | 281,000,000 | 278,000,000 | 240,000,000 | 248,000,000 | 280,000,000 | 251,000,000 | 242,000,000 | 222,000,000 | 232,000,000 | 231,000,000 | 430,000,000 | 261,000,000 | 278,000,000 | 255,000,000 | 249,000,000 | 249,000,000 | 265,000,000 | 244,000,000 | 243,000,000 | 241,000,000 | 240,000,000 | 213,000,000 | 207,000,000 | 200,000,000 | 173,000,000 | 187,000,000 | 192,000,000 | 190,000,000 | 208,000,000 | 181,000,000 | 191,000,000 | 189,000,000 | 210,000,000 | 199,000,000 | 208,000,000 | 198,000,000 | 135,250,000 | 184,000,000 | 179,000,000 | 178,000,000 | 185,000,000 | 185,000,000 | 188,000,000 | 187,000,000 | 177,000,000 | 166,000,000 | 172,000,000 | 156,000,000 | |
| amortization of purchased intangibles | 28,000,000 | 28,000,000 | 30,000,000 | 31,000,000 | 30,000,000 | 30,000,000 | 30,000,000 | 30,000,000 | 31,000,000 | 31,000,000 | 31,000,000 | 31,000,000 | 30,000,000 | 31,000,000 | 32,000,000 | 32,000,000 | 33,000,000 | 32,000,000 | 34,000,000 | 33,000,000 | 28,000,000 | 26,000,000 | 28,000,000 | 28,000,000 | 28,000,000 | 29,000,000 | 26,000,000 | 27,000,000 | 22,000,000 | 19,000,000 | 22,000,000 | 18,000,000 | 18,000,000 | 17,000,000 | 18,000,000 | 17,000,000 | 15,000,000 | 14,000,000 | 14,000,000 | 12,000,000 | 16,000,000 | 12,000,000 | 8,000,000 | 9,000,000 | 8,000,000 | 8,000,000 | 5,750,000 | 8,000,000 | 8,000,000 | 7,000,000 | 6,000,000 | 4,000,000 | 4,000,000 | 5,000,000 | 4,000,000 | 4,000,000 | 4,000,000 | 3,000,000 | |
| operating income | 573,000,000 | 445,000,000 | 393,000,000 | 302,000,000 | 186,000,000 | 254,000,000 | 78,000,000 | 236,000,000 | 279,000,000 | 297,000,000 | 86,000,000 | 292,000,000 | 490,000,000 | 570,000,000 | 483,000,000 | 552,000,000 | 575,000,000 | 502,000,000 | 476,000,000 | 257,000,000 | -103,000,000 | -121,000,000 | 147,000,000 | 365,000,000 | 374,000,000 | 420,000,000 | 464,000,000 | 522,000,000 | 395,000,000 | 194,000,000 | 372,000,000 | 453,000,000 | 381,000,000 | 424,000,000 | 432,000,000 | 535,000,000 | 247,000,000 | 177,000,000 | 87,000,000 | 392,000,000 | 431,000,000 | 412,000,000 | 536,000,000 | 620,000,000 | 460,000,000 | 315,000,000 | 296,750,000 | 439,000,000 | 424,000,000 | 324,000,000 | 277,000,000 | 393,000,000 | 309,000,000 | 342,000,000 | 223,000,000 | 587,000,000 | 424,000,000 | 460,000,000 | |
| yoy | 208.06% | 75.20% | 403.85% | 27.97% | -33.33% | -14.48% | -9.30% | -19.18% | -43.06% | -47.89% | -82.19% | -47.10% | -14.78% | 13.55% | 1.47% | 114.79% | -658.25% | -514.88% | 223.81% | -29.59% | -127.54% | -128.81% | -68.32% | -30.08% | -5.32% | 116.49% | 24.73% | 15.23% | 3.67% | -54.25% | -13.89% | -15.33% | 54.25% | 139.55% | 396.55% | 36.48% | -42.69% | -57.04% | -83.77% | -36.77% | -6.30% | 30.79% | 80.62% | 41.23% | 8.49% | -2.78% | 7.13% | 11.70% | 37.22% | -5.26% | 24.22% | -33.05% | -27.12% | -25.65% | |||||
| qoq | 28.76% | 13.23% | 30.13% | 62.37% | -26.77% | 225.64% | -66.95% | -15.41% | -6.06% | 245.35% | -70.55% | -40.41% | -14.04% | 18.01% | -12.50% | -4.00% | 14.54% | 5.46% | 85.21% | -349.51% | -14.88% | -182.31% | -59.73% | -2.41% | -10.95% | -9.48% | -11.11% | 32.15% | 103.61% | -47.85% | -17.88% | 18.90% | -10.14% | -1.85% | -19.25% | 116.60% | 39.55% | 103.45% | -77.81% | -9.05% | 4.61% | -23.13% | -13.55% | 34.78% | 46.03% | 6.15% | -32.40% | 3.54% | 30.86% | 16.97% | -29.52% | 27.18% | -9.65% | 53.36% | -62.01% | 38.44% | -7.83% | ||
| operating margin % | 14.84% | 12.89% | 11.23% | 8.91% | 5.72% | 8.54% | 2.61% | 7.44% | 8.60% | 9.35% | 2.52% | 8.37% | 13.55% | 15.49% | 13.14% | 15.27% | 16.42% | 15.26% | 14.21% | 8.56% | -4.02% | -5.06% | 5.22% | 12.44% | 12.72% | 14.94% | 15.29% | 17.35% | 14.38% | 7.76% | 14.11% | 17.38% | 15.26% | 17.85% | 17.45% | 21.34% | 10.47% | 8.65% | 3.90% | 17.25% | 18.40% | 18.19% | 22.30% | 24.41% | 18.53% | 13.76% | 20.25% | 21.24% | 21.39% | 17.86% | 12.91% | 19.28% | 16.19% | 17.81% | 11.82% | 28.29% | 21.15% | 23.92% | |
| interest income | 5,000,000 | 12,000,000 | 13,000,000 | 12,000,000 | 10,000,000 | 12,000,000 | 13,000,000 | 10,000,000 | 8,000,000 | 7,000,000 | 6,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 2,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 6,000,000 | 5,000,000 | 4,000,000 | 5,000,000 | 7,000,000 | 9,000,000 | 7,000,000 | 9,000,000 | 13,000,000 | 12,000,000 | 10,000,000 | 11,000,000 | 12,000,000 | 11,000,000 | 9,000,000 | 6,000,000 | 6,000,000 | 5,000,000 | 6,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 4,000,000 | 12,000,000 | 1,250,000 | 1,000,000 | 2,000,000 | 2,000,000 | 4,000,000 | 3,000,000 | 3,000,000 | 4,000,000 | 4,000,000 | 6,000,000 | 5,000,000 | 4,000,000 | |
| interest expense | -83,000,000 | -82,000,000 | -79,000,000 | -83,000,000 | -84,000,000 | -83,000,000 | -90,000,000 | -82,000,000 | -81,000,000 | -76,000,000 | -76,000,000 | -73,000,000 | -72,000,000 | -71,000,000 | -73,000,000 | -72,000,000 | -78,000,000 | -77,000,000 | -75,000,000 | -70,000,000 | -67,000,000 | -64,000,000 | -60,000,000 | -55,000,000 | -54,000,000 | -52,000,000 | -51,000,000 | -45,000,000 | -43,000,000 | -52,000,000 | -43,000,000 | -37,000,000 | -38,000,000 | -37,000,000 | -37,000,000 | -41,000,000 | -40,000,000 | -41,000,000 | -39,000,000 | -38,000,000 | -33,000,000 | -30,000,000 | -32,000,000 | -31,000,000 | -30,000,000 | -30,000,000 | -23,000,000 | -28,000,000 | -28,000,000 | -36,000,000 | -34,000,000 | -33,000,000 | -24,000,000 | -20,000,000 | -17,000,000 | -23,000,000 | -22,000,000 | -27,000,000 | |
| translated earnings contract gain | 131,000,000 | -101,000,000 | 174,000,000 | -157,000,000 | 27,000,000 | 39,000,000 | 33,000,000 | 20,000,000 | 116,000,000 | -8,000,000 | 94,000,000 | -68,000,000 | 196,000,000 | 129,000,000 | 92,000,000 | -13,000,000 | 3,000,000 | 272,000,000 | -43,000,000 | -100,000,000 | 37,000,000 | 68,000,000 | 85,000,000 | 86,000,000 | -107,000,000 | 184,000,000 | 16,500,000 | 230,000,000 | 458,000,000 | 72,000,000 | 26,000,000 | 219,000,000 | 1,847,000,000 | -237,000,000 | -1,201,000,000 | ||||||||||||||||||||||||
| other income | -42,000,000 | -34,000,000 | -64,000,000 | -166,000,000 | 33,000,000 | 74,000,000 | -72,000,000 | 33,000,000 | 87,000,000 | 8,000,000 | -106,000,000 | 106,000,000 | 133,000,000 | 130,000,000 | 67,000,000 | -6,000,000 | 7,000,000 | 117,000,000 | 11,000,000 | -62,000,000 | 2,000,000 | -11,000,000 | -96,000,000 | -15,000,000 | -35,000,000 | -205,000,000 | 12,000,000 | 14,000,000 | -37,000,000 | -60,000,000 | -18,000,000 | -21,000,000 | -14,000,000 | -28,000,000 | -26,000,000 | 21,000,000 | -21,000,000 | -27,000,000 | -23,000,000 | -21,000,000 | 805,000,000 | 720,000,000 | -155,000,000 | 24,000,000 | 82,250,000 | 265,000,000 | 65,000,000 | 41,000,000 | 5,000,000 | 8,000,000 | 29,000,000 | 21,000,000 | 27,000,000 | 43,000,000 | 27,000,000 | ||||
| income before income taxes | 584,000,000 | 240,000,000 | 437,000,000 | -92,000,000 | 172,000,000 | 296,000,000 | -38,000,000 | 217,000,000 | 409,000,000 | 228,000,000 | 4,000,000 | 260,000,000 | 750,000,000 | 761,000,000 | 576,000,000 | 480,000,000 | 516,000,000 | 825,000,000 | 330,000,000 | 450,000,000 | -49,000,000 | -108,000,000 | 17,000,000 | 408,000,000 | 216,000,000 | 575,000,000 | 346,000,000 | 758,000,000 | 864,000,000 | -465,000,000 | 566,000,000 | 479,000,000 | 592,000,000 | 20,000,000 | 2,404,000,000 | 257,000,000 | 1,703,000,000 | -672,000,000 | 169,000,000 | 218,000,000 | 606,000,000 | 493,000,000 | 1,337,000,000 | 1,409,000,000 | 341,000,000 | 481,000,000 | 476,500,000 | 549,000,000 | 829,000,000 | 528,000,000 | 381,000,000 | 608,000,000 | 555,000,000 | 573,000,000 | 552,000,000 | 921,000,000 | 878,000,000 | 862,000,000 | |
| benefit from income taxes | -84,000,000 | -55,000,000 | -97,000,000 | -3,000,000 | -50,000,000 | -71,000,000 | 10,000,000 | -35,000,000 | -106,000,000 | -37,000,000 | -31,000,000 | -34,000,000 | -166,000,000 | -180,000,000 | -89,000,000 | -109,000,000 | -67,000,000 | -78,000,000 | -23,000,000 | -22,000,000 | 15,000,000 | -71,000,000 | -124,000,000 | -76,000,000 | -95,750,000 | -133,000,000 | -126,000,000 | 55,000,000 | -110,000,000 | -86,000,000 | -349,000,000 | -395,000,000 | -172,000,000 | -180,000,000 | -91,500,000 | -141,000,000 | -191,000,000 | -34,000,000 | -98,000,000 | -87,000,000 | -93,000,000 | -111,000,000 | -86,750,000 | -110,000,000 | -123,000,000 | -114,000,000 | |||||||||||||
| net income | 500,000,000 | 185,000,000 | 340,000,000 | -95,000,000 | 122,000,000 | 225,000,000 | -28,000,000 | 182,000,000 | 303,000,000 | 191,000,000 | -27,000,000 | 226,000,000 | 584,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
| yoy | 309.84% | -17.78% | -1314.29% | -152.20% | -59.74% | 17.80% | 3.70% | -19.47% | -48.12% | ||||||||||||||||||||||||||||||||||||||||||||||||||
| qoq | 170.27% | -45.59% | -457.89% | -177.87% | -45.78% | -903.57% | -115.38% | -39.93% | 58.64% | -807.41% | -111.95% | -61.30% | |||||||||||||||||||||||||||||||||||||||||||||||
| net income margin % | 12.95% | 5.36% | 9.71% | -2.80% | 3.75% | 7.56% | -0.94% | 5.74% | 9.34% | 6.01% | -0.79% | 6.48% | 16.15% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | |
| net income attributable to non-controlling interest | -31,000,000 | -28,000,000 | -30,000,000 | -22,000,000 | -18,000,000 | -16,000,000 | -12,000,000 | -18,000,000 | -22,000,000 | -15,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| net income attributable to corning incorporated | 469,000,000 | 157,000,000 | 310,000,000 | -117,000,000 | 104,000,000 | 209,000,000 | -40,000,000 | 164,000,000 | 281,000,000 | 176,000,000 | -36,000,000 | 208,000,000 | 563,000,000 | 581,000,000 | 487,000,000 | 371,000,000 | 449,000,000 | 599,000,000 | 252,000,000 | 427,000,000 | -71,000,000 | -96,000,000 | 32,000,000 | 337,000,000 | 92,000,000 | 499,000,000 | 292,000,000 | 625,000,000 | 738,000,000 | -589,000,000 | -1,412,000,000 | 390,000,000 | 439,000,000 | 86,000,000 | 1,572,000,000 | 284,000,000 | 2,207,000,000 | -368,000,000 | 224,000,000 | 212,000,000 | 496,000,000 | 407,000,000 | 988,000,000 | 1,014,000,000 | 169,000,000 | 301,000,000 | 385,000,000 | 408,000,000 | 638,000,000 | 494,000,000 | 283,000,000 | 521,000,000 | 462,000,000 | 462,000,000 | 491,000,000 | 811,000,000 | 755,000,000 | 748,000,000 | |
| earnings per common share available to common shareholders: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| basic | 550,000 | 180,000 | 360,000 | -140,000 | 120,000 | 250,000 | -40,000 | 190,000 | 330,000 | 210,000 | -40,000 | 250,000 | 670,000 | 690,000 | 580,000 | 440,000 | -420,000 | 750,000 | 290,000 | 530,000 | -130,000 | -160,000 | 10,000 | 400,000 | 90,000 | 610,000 | 340,000 | 750,000 | 870,000 | -720,000 | -1,590,000 | 410,000 | 460,000 | 70,000 | 1,570,000 | 270,000 | 2,060,000 | -360,000 | 180,000 | 160,000 | 380,000 | 300,000 | 740,000 | 770,000 | 110,000 | 210,000 | 262,500 | 280,000 | 430,000 | 330,000 | 200,000 | 350,000 | 310,000 | 300,000 | 320,000 | 520,000 | 480,000 | 480,000 | |
| diluted | 540,000 | 180,000 | 350,000 | -140,000 | 120,000 | 240,000 | -40,000 | 190,000 | 330,000 | 200,000 | -40,000 | 240,000 | 660,000 | 680,000 | 570,000 | 430,000 | -420,000 | 670,000 | 300,000 | 480,000 | -130,000 | -160,000 | 40,000 | 380,000 | 90,000 | 550,000 | 310,000 | 670,000 | 780,000 | -720,000 | -1,550,000 | 390,000 | 420,000 | 70,000 | 1,420,000 | 260,000 | 1,870,000 | -360,000 | 180,000 | 150,000 | 360,000 | 290,000 | 700,000 | 720,000 | 110,000 | 200,000 | 260,000 | 280,000 | 430,000 | 330,000 | 200,000 | 350,000 | 300,000 | 300,000 | 310,000 | 510,000 | 470,000 | 470,000 | |
| net income attributable to non-controlling interests | -15,250,000 | -18,000,000 | -21,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| reconciliation of net income attributable to corning incorporated versus net income available to common shareholders: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| series a convertible preferred stock dividend | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| excess consideration paid for redemption of preferred shares | -200,750,000 | -803,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| net income available to common shareholders | -36,000,000 | 208,000,000 | 563,000,000 | 487,000,000 | 371,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| equity in earnings (losses) of affiliated companies | 7,750,000 | 16,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| transaction-related gain | 498,000,000 | 74,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| equity in earnings of affiliated companies | 7,000,000 | 8,000,000 | 79,000,000 | 14,000,000 | -64,000,000 | 23,000,000 | 33,000,000 | 25,000,000 | 288,000,000 | 32,000,000 | 31,000,000 | 39,000,000 | 213,000,000 | 31,000,000 | 37,000,000 | 80,000,000 | 165,000,000 | 19,000,000 | 41,000,000 | 59,000,000 | 104,000,000 | 39,000,000 | 62,000,000 | 94,000,000 | 23,000,000 | 95,000,000 | 62,000,000 | 86,000,000 | 119,250,000 | 138,000,000 | 166,000,000 | 173,000,000 | 93,000,000 | 240,000,000 | 259,000,000 | 218,000,000 | 321,000,000 | 324,000,000 | 428,000,000 | 398,000,000 | |||||||||||||||||||
| earnings per common share available to common stockholders: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| basic | 550,000 | 180,000 | 360,000 | -140,000 | 120,000 | 250,000 | -40,000 | 190,000 | 330,000 | 210,000 | -40,000 | 250,000 | 670,000 | 690,000 | 580,000 | 440,000 | -420,000 | 750,000 | 290,000 | 530,000 | -130,000 | -160,000 | 10,000 | 400,000 | 90,000 | 610,000 | 340,000 | 750,000 | 870,000 | -720,000 | -1,590,000 | 410,000 | 460,000 | 70,000 | 1,570,000 | 270,000 | 2,060,000 | -360,000 | 180,000 | 160,000 | 380,000 | 300,000 | 740,000 | 770,000 | 110,000 | 210,000 | 262,500 | 280,000 | 430,000 | 330,000 | 200,000 | 350,000 | 310,000 | 300,000 | 320,000 | 520,000 | 480,000 | 480,000 | |
| diluted | 540,000 | 180,000 | 350,000 | -140,000 | 120,000 | 240,000 | -40,000 | 190,000 | 330,000 | 200,000 | -40,000 | 240,000 | 660,000 | 680,000 | 570,000 | 430,000 | -420,000 | 670,000 | 300,000 | 480,000 | -130,000 | -160,000 | 40,000 | 380,000 | 90,000 | 550,000 | 310,000 | 670,000 | 780,000 | -720,000 | -1,550,000 | 390,000 | 420,000 | 70,000 | 1,420,000 | 260,000 | 1,870,000 | -360,000 | 180,000 | 150,000 | 360,000 | 290,000 | 700,000 | 720,000 | 110,000 | 200,000 | 260,000 | 280,000 | 430,000 | 330,000 | 200,000 | 350,000 | 300,000 | 300,000 | 310,000 | 510,000 | 470,000 | 470,000 | |
| reconciliation of net income attributable to corning incorporated versus net income available to common stockholders: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| net income available to common stockholders | -354,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| benefit for income taxes | -226,000,000 | 12,000,000 | -124,000,000 | -1,978,000,000 | -89,000,000 | -153,000,000 | 66,000,000 | -832,000,000 | 27,000,000 | 504,000,000 | 304,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
| earnings per common share attributable to corning incorporated: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| basic | 550,000 | 180,000 | 360,000 | -140,000 | 120,000 | 250,000 | -40,000 | 190,000 | 330,000 | 210,000 | -40,000 | 250,000 | 670,000 | 690,000 | 580,000 | 440,000 | -420,000 | 750,000 | 290,000 | 530,000 | -130,000 | -160,000 | 10,000 | 400,000 | 90,000 | 610,000 | 340,000 | 750,000 | 870,000 | -720,000 | -1,590,000 | 410,000 | 460,000 | 70,000 | 1,570,000 | 270,000 | 2,060,000 | -360,000 | 180,000 | 160,000 | 380,000 | 300,000 | 740,000 | 770,000 | 110,000 | 210,000 | 262,500 | 280,000 | 430,000 | 330,000 | 200,000 | 350,000 | 310,000 | 300,000 | 320,000 | 520,000 | 480,000 | 480,000 | |
| diluted | 540,000 | 180,000 | 350,000 | -140,000 | 120,000 | 240,000 | -40,000 | 190,000 | 330,000 | 200,000 | -40,000 | 240,000 | 660,000 | 680,000 | 570,000 | 430,000 | -420,000 | 670,000 | 300,000 | 480,000 | -130,000 | -160,000 | 40,000 | 380,000 | 90,000 | 550,000 | 310,000 | 670,000 | 780,000 | -720,000 | -1,550,000 | 390,000 | 420,000 | 70,000 | 1,420,000 | 260,000 | 1,870,000 | -360,000 | 180,000 | 150,000 | 360,000 | 290,000 | 700,000 | 720,000 | 110,000 | 200,000 | 260,000 | 280,000 | 430,000 | 330,000 | 200,000 | 350,000 | 300,000 | 300,000 | 310,000 | 510,000 | 470,000 | 470,000 | |
| equity in | -42,000,000 | -76,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| earnings per common share attributable to corning incorporated: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| basic | 550,000 | 180,000 | 360,000 | -140,000 | 120,000 | 250,000 | -40,000 | 190,000 | 330,000 | 210,000 | -40,000 | 250,000 | 670,000 | 690,000 | 580,000 | 440,000 | -420,000 | 750,000 | 290,000 | 530,000 | -130,000 | -160,000 | 10,000 | 400,000 | 90,000 | 610,000 | 340,000 | 750,000 | 870,000 | -720,000 | -1,590,000 | 410,000 | 460,000 | 70,000 | 1,570,000 | 270,000 | 2,060,000 | -360,000 | 180,000 | 160,000 | 380,000 | 300,000 | 740,000 | 770,000 | 110,000 | 210,000 | 262,500 | 280,000 | 430,000 | 330,000 | 200,000 | 350,000 | 310,000 | 300,000 | 320,000 | 520,000 | 480,000 | 480,000 | |
| diluted | 540,000 | 180,000 | 350,000 | -140,000 | 120,000 | 240,000 | -40,000 | 190,000 | 330,000 | 200,000 | -40,000 | 240,000 | 660,000 | 680,000 | 570,000 | 430,000 | -420,000 | 670,000 | 300,000 | 480,000 | -130,000 | -160,000 | 40,000 | 380,000 | 90,000 | 550,000 | 310,000 | 670,000 | 780,000 | -720,000 | -1,550,000 | 390,000 | 420,000 | 70,000 | 1,420,000 | 260,000 | 1,870,000 | -360,000 | 180,000 | 150,000 | 360,000 | 290,000 | 700,000 | 720,000 | 110,000 | 200,000 | 260,000 | 280,000 | 430,000 | 330,000 | 200,000 | 350,000 | 300,000 | 300,000 | 310,000 | 510,000 | 470,000 | 470,000 | |
| dividends declared per common share | 180,000 | 180,000 | 180,000 | 180,000 | 155,000 | 155,000 | 155,000 | 155,000 | 135,000 | 135,000 | 135,000 | 135,000 | 120,000 | 120,000 | 120,000 | 0 | 220,000 | 100,000 | 100,000 | 100,000 | 72,500 | 100,000 | 100,000 | 90,000 | 95,000 | 75,000 | 75,000 | 75,000 | 80,000 | 50,000 | 50,000 | 50,000 | |||||||||||||||||||||||||||
| translated earnings contract loss | -622,000,000 | -438,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| restructuring, impairment and other charges | -1,000,000 | 80,000,000 | 20,000,000 | 34,000,000 | 17,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| gain on realignment of equity investment | 2,676,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| foreign currency hedge gain | -894,000,000 | 33,000,000 | -154,000,000 | 164,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| foreign currency transaction and hedge gain | 33,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| asbestos litigation charge | 2,750,000 | 5,000,000 | 4,000,000 | 2,000,000 | 3,250,000 | 5,000,000 | 6,000,000 | 2,000,000 | 5,000,000 | 3,000,000 | 5,000,000 | 1,000,000 | 9,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | |||||||||||||||||||||||||||||||||||||||||||
| restructuring, impairment and other credits |
We provide you with 20 years income statements for Corning stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Corning stock. Explore the full financial landscape of Corning stock with our expertly curated income statements.
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