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    Corning Incorporated (GLW)

    Official site

    TECHNOLOGY • ELECTRONIC COMPONENTS • NYSE

    $138.40
    -2.50 (-1.77%)

    Market Cap: $121.36B

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    92%(36/39)
    Avg Surprise
    +5.91%
    Streak
    10 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.88
    Range$0.82 - $0.90
    13 analysts
    EPS Revisions
    1
    0
    7d
    1
    0
    30d
    EPS Estimate DriftChange to current
    90d ago$0.85+3.1%
    60d ago$0.87+0.5%
    30d ago$0.87+0.5%
    7d ago$0.87+0.7%
    Current$0.88
    Revenue Consensus
    $5.0B
    Range$5.0B - $5.2B
    10 analysts
    Period ending Dec 31, 2026
    EPS Consensus$0.96
    Range$0.88 - $1.04
    17 analysts
    Revenue Consensus
    $5.3B
    Range$5.2B - $5.6B
    13 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    -$0.96---
    Sep 26EST
    -$0.88---
    Jun 26
    Reported Jul 28
    $0.78$0.76+2.63%Beat+30.0%
    Mar 26
    Reported Apr 28
    $0.70$0.69+1.45%Beat+29.6%
    Dec 25
    Reported Jan 28
    $0.72$0.71+1.41%Beat+26.3%
    Sep 25
    Reported Oct 28
    $0.67$0.66+1.52%Beat+24.1%
    Jun 25
    Reported Jul 29
    $0.60$0.57+5.26%Beat+27.7%
    Mar 25
    Reported Apr 29
    $0.54$0.51+5.88%Beat+42.1%
    Dec 24
    Reported Jan 29
    $0.57$0.56+1.79%Beat+46.2%
    Sep 24
    Reported Oct 29
    $0.54$0.52+3.85%Beat+20.0%
    Jun 24
    Reported Jul 30
    $0.47$0.47+0.00%Beat+4.4%
    Mar 24
    Reported Apr 30
    $0.38$0.35+8.57%Beat-7.3%
    Dec 23
    Reported Jan 30
    $0.39$0.41-4.88%Miss-17.0%
    Sep 23
    Reported Oct 24
    $0.45$0.47-4.26%Miss-11.8%
    Jun 23
    Reported Jul 25
    $0.45$0.45+0.00%Beat-21.1%
    Mar 23
    Reported Apr 25
    $0.41$0.39+5.13%Beat-24.1%
    Dec 22
    Reported Jan 31
    $0.47$0.44+6.82%Beat-13.0%
    Sep 22
    Reported Oct 25
    $0.51$0.51+0.00%Beat-8.9%
    Jun 22
    Reported Jul 26
    $0.57$0.56+1.79%Beat+7.5%
    Mar 22
    Reported Apr 26
    $0.54$0.49+10.20%Beat+20.0%
    Dec 21
    Reported Jan 26
    $0.54$0.52+3.85%Beat+3.8%
    Sep 21
    Reported Oct 26
    $0.56$0.58-3.45%Miss+30.2%
    Jun 21
    Reported Jul 27
    $0.53$0.51+3.92%Beat+112.0%
    Mar 21
    Reported Apr 27
    $0.45$0.43+4.65%Beat+125.0%
    Dec 20
    Reported Jan 27
    $0.52$0.49+6.12%Beat+13.0%
    Sep 20
    Reported Oct 27
    $0.43$0.38+13.16%Beat-2.3%
    Jun 20
    Reported Jul 28
    $0.25$0.14+78.57%Beat-44.4%
    Mar 20
    Reported Apr 28
    $0.20$0.19+5.26%Beat-50.0%
    Dec 19
    Reported Jan 29
    $0.46$0.44+4.55%Beat-22.0%
    Sep 19
    Reported Oct 29
    $0.44$0.40+10.00%Beat-13.7%
    Jun 19
    Reported Jul 30
    $0.45$0.45+0.00%Beat+18.4%
    Mar 19
    Reported Apr 30
    $0.40$0.40+0.00%Beat+29.0%
    Dec 18
    Reported Jan 29
    $0.59$0.58+1.72%Beat+20.4%
    Sep 18
    Reported Oct 23
    $0.51$0.48+6.25%Beat+18.6%
    Jun 18
    Reported Jul 25
    $0.38$0.37+2.70%Beat-9.5%
    Mar 18
    Reported Apr 24
    $0.31$0.29+6.90%Beat-20.5%
    Dec 17
    Reported Jan 30
    $0.49$0.47+4.26%Beat-2.0%
    Sep 17
    Reported Oct 24
    $0.43$0.41+4.88%Beat-
    Jun 17
    Reported Jul 26
    $0.42$0.40+5.00%Beat-
    Mar 17
    Reported Apr 25
    $0.39$0.35+11.43%Beat-
    Dec 16
    Reported Jan 24
    $0.50$0.44+13.64%Beat-

    Dividends

    Dividend Metrics

    Forward Yield0.81%
    Forward Annual Dividend$1.12
    Payout Ratio46.52%
    FrequencyQuarterly
    Pay MonthsMar, Jun, Sep, Dec

    Growth

    3Y CAGR+1.22%
    5Y CAGR+4.94%

    Key Metrics

    Valuation
    P/E Ratio48.22EV/EBITDA30.10x
    Price/FCF49.78xFCF Yield2.01%
    Profitability
    Profit Margin11.20%Operating Margin15.70%
    ROE16.80%ROIC11.18%
    Financial Health
    Debt/Equity0.67xInterest Coverage7.62x
    Current Ratio1.81xQuick Ratio1.24x
    Trading Statistics
    Beta1.12Avg Volume7.84M
    52-Week High$271.2752-Week Low$76.98

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$154.04
    SMA 20$154.95
    SMA 50$154.83
    SMA 200$153.12
    EMA 10$149.92
    EMA 20$152.73
    EMA 50$156.10
    EMA 200$146.87

    MACD

    Line: -2.56Signal: -0.34Hist: -2.23

    ADX

    ADX: 12.6+DI: 15.7-DI: 33.0

    Aroon & PSAR

    Aroon Up72.0
    Aroon Down100.0
    PSAR$167.20

    Bollinger Bands

    Upper Band$169.98
    Lower Band$139.93
    %B Position1939%(Upper)
    Band Width-0.05

    RSI (14-Day)

    Neutral
    39.2

    Momentum Oscillators

    Stoch %K14.9
    Stoch %D16.2
    Williams %R-85.1
    ROC (10d)-13.7%
    Momentum-22.02
    CCI (20d)-231.2
    MFI (14d)37.1

    Volatility Measures

    ATR (14d)$8.52(6.2%)
    StdDev (20d)7.51
    Hist Vol61.6%(High)

    Volume Flow

    VWAP$136.59
    OBV382.8M
    AD Line-486.7M
    CMF (20d)0.096

    Volume Metrics

    Avg Vol (20d)7.8M
    Vol Ratio1.4x
    VWMA (20d)$154.18

    Pivot Points

    R3$153.54
    R2$150.36
    R1$145.62
    Pivot Point$142.44
    S1$137.70
    S2$134.52
    S3$129.78

    Advanced Oscillators

    TSI-6.53
    Ultimate Osc43.1
    KST7.51

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$4.50B$4.14B$4.21B$4.10B$3.86B$3.45B$3.50B$3.39B$3.25B$2.98B$2.99B$3.17B
    Cost of Revenue$2.88B$2.62B$2.72B$2.58B$2.47B$2.24B$2.30B$2.25B$2.30B$1.98B$2.08B$2.17B
    Gross Profit$1.63B$1.53B$1.50B$1.52B$1.39B$1.21B$1.20B$1.14B$949.00M$993.00M$911.00M$1.00B
    Operating Expenses$930.00M$889.00M$823.00M$931.00M$819.00M$769.00M$804.00M$835.00M$763.00M$739.00M$833.00M$768.00M
    R&D$299.00M$278.00M$284.00M$280.00M$276.00M$270.00M$275.00M$294.00M$262.00M$258.00M$289.00M$270.00M
    SG&A$608.00M$588.00M$512.00M$624.00M$515.00M$471.00M$499.00M$510.00M$471.00M$451.00M$514.00M$468.00M
    Operating Income$698.00M$639.00M$672.00M$589.00M$573.00M$445.00M$393.00M$302.00M$186.00M$254.00M$78.00M$236.00M
    Interest Income$12.00M$9.00M$11.00M$10.00M$5.00M$12.00M$13.00M$12.00M$10.00M$12.00M$174.00M$10.00M
    Interest Expense$94.00M$92.00M$93.00M$78.00M$83.00M$82.00M$79.00M$83.00M$84.00M$83.00M$90.00M$82.00M
    Income Before Tax$649.00M$529.00M$678.00M$550.00M$584.00M$240.00M$437.00M$-92,000,000$172.00M$296.00M$-38,000,000$217.00M
    Income Tax Expense$40.00M$121.00M$91.00M$80.00M$84.00M$55.00M$97.00M$3.00M$50.00M$71.00M$-10,000,000$35.00M
    Net Income$609.00M$408.00M$587.00M$470.00M$500.00M$185.00M$340.00M$-95,000,000$122.00M$225.00M$-28,000,000$182.00M
    EBITDA$1.12B$969.00M$1.11B$955.00M$1.00B$629.00M$838.00M$320.00M$583.00M$704.00M$223.00M$629.00M
    EBIT$731.00M$612.00M$760.00M$618.00M$662.00M$310.00M$503.00M$-21,000,000$246.00M$367.00M$-122,000,000$289.00M
    * Some calculated fields are derived from available data when not provided by source

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    Government Contracts

    Gov Obligations (TTM)
    -$118560
    Gov Obligations / Revenue
    0.0%
    Obligations YoY
    N/A
    Active Awards
    4
    New Awards (TTM)
    0
    Avg Remaining Term
    N/A

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Sep 30, 2026.

    News

    GLW Valuation and Fair Value

    P/E
    48.2x
    Forward P/E
    38.5x
    EV/EBITDA
    30.1x
    P/FCF
    49.8x
    PEG
    1.0x
    P/B
    9.5x
    See GNG's fair value

    GLW Profitability: Margins, ROIC and FCF

    Gross margin
    36.4%
    Operating margin
    15.7%
    Net margin
    11.2%
    ROIC
    11.2%
    ROE
    16.8%
    FCF margin
    14.1%
    FCF yield
    2.0%

    GLW Analyst Ratings

    Consensus
    Buy
    Analysts
    18
    Strong Buy
    0
    Buy
    13
    Hold
    5
    Sell
    0
    Strong Sell
    0

    GLW Bull Case vs Bear Case

    Bull case

    • GLW beat EPS estimates in 100.0% of its last 8 reported quarters.
    • GLW grew quarterly revenue 16.6% year over year.
    • 72.2% of GLW's analyst ratings are Buy or Strong Buy.

    Bear case

    • GLW trades at 48.2x trailing earnings.

    GLW Earnings: Beat Rate and Next Report

    Beat rate
    8 of 8 quarters (100.0%)
    Average surprise
    3.0%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.88
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    1 up, 0 down

    GLW Dividend

    Forward yield
    0.8%
    Payout ratio
    46.5%
    3Y DPS growth
    1.2%
    5Y DPS growth
    4.9%
    Pay months
    Mar, Jun, Sep, Dec
    GLW dividend history

    Frequently Asked Questions About GLW

    What is GLW's current dividend yield?

    Corning Incorporated (GLW) has a forward dividend yield of 0.81%.

    Does GLW pay dividends?

    Yes, Corning Incorporated pays dividends with a forward dividend yield of 0.81%.

    What is GLW's P/E ratio?

    Corning Incorporated has a price-to-earnings (P/E) ratio of 48.22.

    What is GLW's market cap?

    Corning Incorporated (GLW) has a market capitalization of $121.36B with a current stock price of $138.40.

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