# CORNING INC /NY (GLW) FY2024 Q3 P&L / Income Statement

- Company: CORNING INC /NY (GLW)
- Period: 2024-07-01 to 2024-09-30
- Filing: Q3 FY2024 10-Q, filed 2024-11-01, accession number 0001437749-24-032912
- Page: https://plicit.ai/financials/glw/fy2024-q3-income-statement
- Chart image: https://plicit.ai/charts/glw-fy2024-q3-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2024-07-01 through 2024-09-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 3,391,000,000 US dollars
- **Cost of sales**: 2,254,000,000 US dollars
- **Gross margin**: 1,137,000,000 US dollars
- **Operating expenses (calculated)**: 835,000,000 US dollars
- **Operating income**: 302,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 394,000,000 US dollars
- **(Loss) income before income taxes**: negative 92,000,000 US dollars
- **Provision for income taxes (Note 4)**: 3,000,000 US dollars
- **Net (loss) income**: negative 95,000,000 US dollars
- **Telecommunication Products**: 1,246,000,000 US dollars
- **Display Products**: 707,000,000 US dollars
- **Specialty Glass Products**: 543,000,000 US dollars
- **Environmental Substrate and Filter Products**: 362,000,000 US dollars
- **Life Science Products**: 235,000,000 US dollars
- **Polycrystalline Silicon**: 194,000,000 US dollars
- **Product and Service, Other**: 104,000,000 US dollars
- **Amortization of purchased intangibles**: 31,000,000 US dollars
- **Research, development and engineering expenses**: 294,000,000 US dollars
- **Selling, general and administrative expenses**: 510,000,000 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: −$117.00 M; to noncontrolling interests: $22.00 M.