CORNING INC /NY (GLW) FY2026 Q1 P&L / Income Statement

CORNING INC /NY (GLW) FY2026 Q1 P&L / Income Statement

Income statement for 2026-01-01 through 2026-03-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Net sales

4,144,000,000 US dollars

Cost of sales

2,616,000,000 US dollars

Gross margin

1,528,000,000 US dollars

Operating expenses (calculated)

889,000,000 US dollars

Operating income

639,000,000 US dollars

Other income (expense), net (calculated)

negative 110,000,000 US dollars

Income before income taxes

529,000,000 US dollars

Provision for income taxes (Note 11)

121,000,000 US dollars

Net income

408,000,000 US dollars

Optical communications products

1,846,000,000 US dollars

Electronics glass and advanced optics products

1,215,000,000 US dollars

Automotive products

441,000,000 US dollars

Polycrystalline silicon and solar products

370,000,000 US dollars

Life Sciences products

228,000,000 US dollars

All other products

44,000,000 US dollars

Amortization of purchased intangibles

23,000,000 US dollars

Research, development and engineering expenses

278,000,000 US dollars

Selling, general and administrative expenses

588,000,000 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: $371.00 M; to noncontrolling interests: $37.00 M.