CORNING INC /NY
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $15.6B | $13.1B | $12.6B | $14.2B | $14.1B |
| Cost of revenue | $10.0B | $8.8B | $8.7B | $9.7B | $9.0B |
| Gross profit | $5.6B | $4.3B | $3.9B | $4.5B | $5.1B |
| Selling, general & administrative | $2.1B | $1.9B | $1.8B | $1.9B | $1.8B |
| Research and development | $800.0M | $800.0M | $900.0M | $900.0M | $800.0M |
| Operating income | $2.3B | $1.1B | $890.0M | $1.4B | $2.1B |
| Interest expense | $336.0M | $329.0M | $329.0M | $292.0M | $300.0M |
| Pretax income | $2.1B | $813.0M | $816.0M | $1.8B | $2.4B |
| Income tax expense | $310.0M | $221.0M | $168.0M | $411.0M | $491.0M |
| Net income | $1.6B | $506.0M | $581.0M | $1.3B | $1.9B |
| Balance Sheet | |||||
| Cash and equivalents | $1.5B | $1.8B | $1.8B | — | — |
| Current assets | $8.9B | $8.0B | $7.2B | $7.5B | $7.7B |
| Total assets | $31.0B | $27.7B | $28.5B | $29.5B | $30.2B |
| Current liabilities | $5.6B | $4.9B | $4.3B | $5.2B | $4.8B |
| Total liabilities | $18.7B | $16.7B | $16.6B | $17.2B | $17.6B |
| Stockholders' equity | $11.8B | $10.7B | $11.6B | $12.0B | $12.3B |
| Cash Flow Statement | |||||
| Cash from operations | $2.7B | $1.9B | $2.0B | $2.6B | $3.4B |
| Depreciation and amortization | $1.2B | $1.2B | $1.2B | $1.3B | $1.4B |
| Stock-based compensation | $286.0M | $273.0M | $218.0M | $175.0M | $190.0M |
| Capital expenditure | $241.0M | $149.0M | $217.0M | $414.0M | $357.0M |
| Free cash flow | $2.5B | $1.8B | $1.8B | $2.2B | $3.1B |
| Dividends paid | $999.0M | $986.0M | $989.0M | $932.0M | $871.0M |
| Share repurchases | $163.0M | $165.0M | — | $221.0M | $274.0M |
Shares outstanding 860.6M · Free float 99.8%
Annual filing data through FY ended December 31, 2025; float as of July 8, 2026.