# CORNING INC /NY (GLW) FY2024 Annual P&L / Income Statement

- Company: CORNING INC /NY (GLW)
- Period: 2024-01-01 to 2024-12-31
- Filing: FY2024 10-K, filed 2025-02-13, accession number 0001628280-25-005347
- Page: https://plicit.ai/financials/glw/fy2024-annual-income-statement
- Chart image: https://plicit.ai/charts/glw-fy2024-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2024-01-01 through 2024-12-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 13,118,000,000 US dollars
- **Cost of sales**: 8,842,000,000 US dollars
- **Gross margin**: 4,276,000,000 US dollars
- **Operating expenses (calculated)**: 3,141,000,000 US dollars
- **Operating income**: 1,135,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 322,000,000 US dollars
- **Income before income taxes**: 813,000,000 US dollars
- **Provision for income taxes (Note 6)**: 221,000,000 US dollars
- **Net income**: 592,000,000 US dollars
- **Telecommunication products**: 4,657,000,000 US dollars
- **Display products**: 2,727,000,000 US dollars
- **Specialty glass products**: 2,000,000,000 US dollars
- **Environmental substrate and filter products**: 1,565,000,000 US dollars
- **Life science products**: 933,000,000 US dollars
- **Polycrystalline silicon products**: 865,000,000 US dollars
- **All other products**: 371,000,000 US dollars
- **Selling, general and administrative expenses**: 1,931,000,000 US dollars
- **Amortization of purchased intangibles**: 121,000,000 US dollars
- **Research, development and engineering expenses**: 1,089,000,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Of which attributable to CORNING INC /NY: $506.00 M; to noncontrolling interests: $86.00 M.