Corning
Maker of optical connectivity, display glass, automotive ceramics, and solar silicon products.
Something off on this page? Send us feedback.
Profile
Sells optical fiber and connectivity, display and device glass, automotive ceramics and glass, and solar silicon products, with smaller life-sciences and pharmaceutical-glass operations. Demand follows infrastructure, electronics, vehicle, and solar markets, while each business depends on a relatively small set of end customers.
Builds specialty glass, ceramics, optical-fiber components, and silicon products through four reportable segments. Optical Communications supplies fiber, cable, and connectivity for carrier, enterprise, and hyperscale data-center networks. Glass Innovations combines display substrates, Gorilla Glass cover materials, and precision optics; Automotive makes emissions-control ceramics and vehicle glass; Solar produces polysilicon, wafers, and modules. Life-sciences labware and pharmaceutical glass sit within a smaller emerging-growth group.
Proprietary glass-forming and strengthening processes, optical-fiber design, and large-scale manufacturing support products sold worldwide. Production spans 14 countries, while display-glass operations are concentrated in China, South Korea, and Taiwan and Solar manufactures in the United States.
Demand depends on carrier and hyperscale data-center capital spending, electronics and vehicle markets, emissions rules, and solar-policy incentives. Each business also relies on a relatively small number of end customers.
Company facts
Key statistics
Year to date +64.2% · Average volume (30d) 11.9M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Aug 3, 2026 | Truist Securities | Upgrade | Hold | Buy | ||
| Aug 2, 2026 | Truist Financial | Target | $205 | $175 | ||
| Jul 29, 2026 | Morgan Stanley | Reiterate | Equal Weight | $180 | $165 | |
| Jul 29, 2026 | Mizuho Securities | Target | $270 | $210 | ||
| Jul 29, 2026 | UBS | Reiterate | Buy | $243 | $196 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 28, 2026Q2 FY26 | $0.76 | $0.78 | +3.3% | $4.63B | $4.74B | +2.3% | −1.56% |
| Apr 28, 2026Q1 FY26 | $0.69 | $0.70 | +1.2% | $4.30B | $4.35B | +1.1% | −0.75% |
| Jan 28, 2026Q4 FY25 | $0.71 | $0.72 | +1.8% | $4.36B | $4.41B | +1.1% | −1.23% |
| Oct 28, 2025Q3 FY25 | $0.67 | $0.67 | +0.8% | $4.23B | $4.10B | −3.1% | +4.47% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $3.45B | $3.86B | $4.10B | $4.22B | $4.14B | $4.51B | |
| Gross profit | $1.21B | $1.39B | $1.52B | $1.49B | $1.53B | $1.63B | |
| Operating income | $445.0M | $573.0M | $589.0M | $698.0M | $639.0M | $698.0M | |
| Net income | $157.0M | $469.0M | $430.0M | $540.0M | $371.0M | $559.0M | |
| Diluted EPS | $0.18 | $0.54 | $0.50 | $0.63 | $0.43 | $0.64 | |
| Gross margin | 35.2% | 36.0% | 37.1% | 35.3% | 36.9% | 36.1% | |
| Operating margin | 12.9% | 14.8% | 14.4% | 16.6% | 15.4% | 15.5% |
Fiscal years (4-quarter sums)FY21 $14.08B · FY22 $14.19B · FY23 $12.59B · FY24 $13.12B · FY25 $15.63B
Revenue by product · Q2 FY26
Revenue by geography · FY25
Balance sheet, Jun 30, 2026Cash & short-term investments $2.50B · Total debt $9.38B · Total assets $32.96B · Shareholders' equity $12.56B
Dividends
Raised for 18 straight years — most recently to $0.28 from $0.27 in Feb 2023. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| May 29, 2026 | May 29 | Jun 29 | $0.28 | |
| Feb 27, 2026 | Feb 27 | Mar 30 | $0.28 | |
| Nov 14, 2025 | Nov 14 | Dec 12 | $0.28 | |
| Aug 29, 2025 | Aug 29 | Sep 29 | $0.28 | |
| May 30, 2025 | May 30 | Jun 27 | $0.28 | |
| Feb 28, 2025 | Feb 28 | Mar 28 | $0.28 | |
| Nov 15, 2024 | Nov 15 | Dec 13 | $0.28 | |
| Aug 30, 2024 | Aug 30 | Sep 27 | $0.28 |
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 861.39M · Float 788.74M · 91.6% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Samsung Display Co., Ltd. | 68.00M | 7.94% | 13G | Sep 10, 2025 |
| BlackRock, Inc. | 65.77M | 7.63% | 13F | Aug 7, 2026 |
| Vanguard Capital Management LLC | 50.83M | 5.90% | 13F | Aug 13, 2026 |
| State Street Corp | 41.11M | 4.77% | 13F | Aug 7, 2026 |
| JPMorgan Chase & Co | 36.02M | 4.18% | 13F | Aug 12, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jun 9, 2026 | Wendell P. Weeks | director, officer: Chairman, CEO and President | −100,000 | $186.46 |
| May 22, 2026 | Jaymin Amin | officer: SVP and Chief Tech. Officer | −27,395 | $192.14 |
| May 15, 2026 | Avery H. III Nelson | officer: Executive Vice President & COO | −20,000 | $195.93 |
| May 13, 2026 | Ronald L. Verkleeren | officer: SVP Emerging Innovations Group | −10,000 | $207.77 |
| May 11, 2026 | John Z. Zhang | officer: Exec. Vice President & CCDO | −10,000 | $198.34 |
Peers
- Perimeter Solutions
World's largest cable maker; key rival in optical fiber and data-center cabling.
- Thermo Fisher Scientific
World's largest lab products company; named principal rival in Corning's Life Sciences segment.
- Danaher
Diversified life sciences instruments and consumables giant; named rival in Life Sciences.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Corning | $148.68 | −0.11% | $128.23B | 67.7 | 39.9 | 7.6 | +22.7% |
| Perimeter Solutions | $30.54 | −0.20% | $4.99B | — | 18.2 | 6.6 | +31.5% |
| Thermo Fisher Scientific | $620.01 | −0.32% | $231.22B | 33.5 | 23.7 | 5.0 | +10.5% |
| Danaher | $215.50 | −0.25% | $151.89B | 38.4 | 24.3 | 6.0 | +5.5% |
| Median | 35.9 | 23.7 | 6.0 | +10.5% |