CORNING INC /NY

For the period ended Sep 30, 2025. Filed Oct 31, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2025 · Filed Oct 31, 2025

GLW$115.95+9.3%Stored close · as of Nov 9, 2026

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Contents

Item 1. Financial Statements

(Unaudited; in millions, except per share amounts)
Consolidated Statements of Income (Loss)	Corning Incorporated and Subsidiary Companies

	Three months endedSeptember 30,		Nine months endedSeptember 30,
	2025	2024	2025	2024
Net sales	$4,100	$3,391	$11,414	$9,617
Cost of sales	2,580	2,254	7,288	6,538
Gross margin	1,520	1,137	4,126	3,079
Operating expenses:
Selling, general and administrative expenses	624	510	1,610	1,432
Research, development and engineering expenses	280	294	826	814
Amortization of purchased intangibles	27	31	83	91
Operating income	589	302	1,607	742
Interest income	10	12	27	34
Interest expense	(78)	(83)	(243)	(250)
Translated earnings contract gain (loss), net (Note 11)	33	(157)	63	(91)
Other expense, net	(4)	(166)	(80)	(59)
Income (loss) before income taxes	550	(92)	1,374	376
Provision for income taxes (Note 13)	(80)	(3)	(219)	(124)
Net income (loss)	470	(95)	1,155	252
Net income attributable to non-controlling interest	(40)	(22)	(99)	(56)
Net income (loss) attributable to Corning Incorporated	$430	$(117)	$1,056	$196
Earnings (loss) per common share available to common shareholders:
Basic (Note 15)	$0.50	$(0.14)	$1.24	$0.23
Diluted (Note 15)	$0.50	$(0.14)	$1.21	$0.23

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.