← CORNING INC /NY

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Total Revenue $9.4b
$10.1b +7.73%
$11.3b +11.61%
$11.5b +1.89%
$11.3b -1.74%
$14.1b +24.59%
$14.2b +0.76%
$12.6b -11.28%
$13.1b +4.21%
$15.6b +19.14%
$17.0b +8.54%
Cost of Goods and Services Sold $5.6b
$6.1b +7.80%
$6.8b +12.25%
$7.5b +9.36%
$7.8b +4.07%
$9.0b +16.04%
$9.7b +7.36%
$8.7b -10.60%
$8.8b +2.14%
$10.0b +13.19%
$10.8b +7.84%
Gross Profit $3.7b
$4.0b +7.63%
$4.5b +10.64%
$4.0b -9.55%
$3.5b -12.49%
$5.1b +43.39%
$4.5b -11.00%
$3.9b -12.76%
$4.3b +8.78%
$5.6b +31.45%
$6.2b +9.78%
Research and Development Expense $637.0m $689.0m $807.0m $833.0m $1.0b $800.0m $900.0m $900.0m $800.0m $800.0m $1.1b
Selling, General and Administrative Expense $1.5b $1.5b $1.8b $1.6b $1.7b $1.8b $1.9b $1.8b $1.9b $2.1b $2.3b
Amortization of Intangible Assets $64.0m $75.0m $94.0m $113.0m $121.0m $129.0m $123.0m $122.0m $121.0m $110.0m —
Operating Income (Loss) $1.4b
$1.6b +17.18%
$1.6b -3.37%
$1.3b -17.08%
$509.0m -61.03%
$2.1b +314.93%
$1.4b -31.91%
$890.0m -38.11%
$1.1b +27.53%
$2.3b +100.79%
$2.6b +14.00%
Investment Income, Interest $32.0m $45.0m $38.0m $21.0m $15.0m $11.0m $15.0m $38.0m $47.0m $38.0m —
Foreign Currency Transaction Gain (Loss), before Tax $21.0m $20.0m ($93.0m) — — — — — — — —
Foreign Currency Transaction Gain (Loss), Realized — — ($43.0m) ($19.0m) ($37.0m) $126.0m $130.0m $59.0m $165.0m ($80.0m) —
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement ($1.0m) — — — — — — — — — —
Other Nonoperating Income (Expense) ($84.0m) ($103.0m) ($216.0m) ($155.0m) ($60.0m) $185.0m $285.0m $56.0m ($123.0m) ($79.0m) —
Interest Expense (non-operating) — — — — — — — — $329.0m $336.0m $357.0m
Income (Loss) from Equity Method Investments $284.0m $361.0m $390.0m $17.0m ($25.0m) $35.0m — — — — —
Income (Loss) from Continuing Operations before Income Taxes, Domestic $2.7b $653.0m $472.0m $504.0m ($71.0m) $1.3b $1.2b $105.0m $303.0m $1.4b $2.4b
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest — $1.7b $1.5b $1.2b $623.0m $2.4b $1.8b $816.0m $813.0m $2.1b $2.4b
Income Tax Expense (Benefit) ($3.0m) $2.2b $437.0m $256.0m $111.0m $491.0m $411.0m $168.0m $221.0m $310.0m $332.0m
Net Income (Loss) Attributable to Parent $3.7b
($497.0m) -113.45%
$1.1b +314.49%
$960.0m -9.94%
$512.0m -46.67%
$1.9b +272.27%
$1.3b -30.95%
$581.0m -55.85%
$506.0m -12.91%
$1.6b +215.42%
$1.9b +19.05%
Net Income (Loss) Available to Common Stockholders, Basic $3.6b
($595.0m) -116.54%
$968.0m +262.69%
$862.0m -10.95%
$414.0m -51.97%
$1.1b +160.63%
$1.3b +21.96%
$581.0m -55.85%
$506.0m -12.91%
$1.6b +215.42%
$1.9b +19.05%
Net Income (Loss) Attributable to Noncontrolling Interest — — — — $11.0m $29.0m $70.0m $67.0m $86.0m $146.0m $1.9b
Preferred Stock Dividends, Income Statement Impact — $98.0m $98.0m $98.0m $98.0m $24.0m — — — — —
Earnings Per Share, Basic $3.53 ($0.66) $1.19 $1.11 $0.54 $1.30 $1.56 $0.69 $0.59 $1.87 $2.22
Earnings Per Share, Diluted $3.23 ($0.66) $1.13 $1.07 $0.54 $1.28 $1.54 $0.68 $0.58 $1.83 $2.17
Common Stock, Dividends, Per Share, Declared $0.54 $0.62 $0.72 $0.00 $0.88 $0.96 $1.08 $1.12 $1.12 $1.12 —
Preferred Stock, Dividends Per Share, Declared $0.54 ($0.66) $1.19 $1.11 $42,500.00 $10,625.00 $1.56 $0.69 $0.59 $1.87 —
Weighted Average Number of Shares Outstanding, Basic 1.0b 895.0m 816.0m 776.0m 761.0m 828.0m 843.0m 848.0m 853.0m 855.0m 857.5m
Weighted Average Number of Shares Outstanding, Diluted 1.1b 895.0m 941.0m 899.0m 772.0m 844.0m 857.0m 859.0m 869.0m 871.0m 876.5m

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.