# CORNING INC /NY (GLW) FY2025 Q1 P&L / Income Statement

- Company: CORNING INC /NY (GLW)
- Period: 2025-01-01 to 2025-03-31
- Filing: Q1 FY2025 10-Q, filed 2025-05-02, accession number 0001628280-25-021711
- Page: https://plicit.ai/financials/glw/fy2025-q1-income-statement
- Chart image: https://plicit.ai/charts/glw-fy2025-q1-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2025-01-01 through 2025-03-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 3,452,000,000 US dollars
- **Cost of sales**: 2,238,000,000 US dollars
- **Gross margin**: 1,214,000,000 US dollars
- **Operating expenses (calculated)**: 769,000,000 US dollars
- **Operating income**: 445,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 205,000,000 US dollars
- **Income before income taxes**: 240,000,000 US dollars
- **Provision for income taxes (Note 3)**: 55,000,000 US dollars
- **Net income**: 185,000,000 US dollars
- **Optical communications products**: 1,355,000,000 US dollars
- **Display products**: 704,000,000 US dollars
- **Specialty materials products**: 495,000,000 US dollars
- **Automotive products**: 426,000,000 US dollars
- **Life sciences products**: 228,000,000 US dollars
- **Polycrystalline silicon products**: 206,000,000 US dollars
- **All other products**: 38,000,000 US dollars
- **Amortization of purchased intangibles**: 28,000,000 US dollars
- **Research, development and engineering expenses**: 270,000,000 US dollars
- **Selling, general and administrative expenses**: 471,000,000 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: $157.00 M; to noncontrolling interests: $28.00 M.