Filing Flows › Corning (GLW) › Q2 2025
Corning (GLW) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 1, 2025
Corning (GLW) reported revenue of $3.9B for the second quarter 2025 (Q2 2025), +19% from a year earlier and +12% from the quarter before. Operating margin was 14.8%, net earnings $469M (12.1% of revenue).
Corning, Q2 2025: revenue $3.9B (+19% year over year), operating margin 14.8%, net earnings $469M, operating cash flow $708M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.9B | +12% | +19% |
| Gross profit | $1.4B | +15% | +47% |
| Operating profit | $573M | +29% | +208% |
| Net earnings | $469M | +199% | +351% |
| Operating cash flow | $708M | +369% | +36% |
| Free cash flow | $400M | — | +43% |
What changed
Revenue was $3.9B in Q2 2025, up 19% year over year and up 12% from the previous quarter. Optical communications products was the largest line at 41% of revenue. Optical communications products added $0.45B year over year (up 41%), 74% of the total change.
Gross margin was 36.0%, up 6.9 points from a year earlier. Operating profit was $0.57B, a 14.8% margin (up 9.1 points year over year). Of the extra revenue versus a year earlier, 63% reached operating profit, above the 6% margin then. Operating expenses grew 7% against revenue growth of 19%. Net earnings were $0.47B, up 351% year over year. The effective tax rate was 14.4%.
Operating cash flow was $0.71B (up 36% year over year), 142% of net income including minority interests. Non-cash charges added back $0.34B of depreciation and amortization and $0.06B of share-based compensation. Working capital and other items used $0.20B. Capital expenditures of $0.31B left free cash flow of $0.40B.
Questions
What was Corning's revenue in the second quarter 2025?
Corning (GLW) reported revenue of $3.9B for the second quarter 2025 (Q2 2025), +19% from a year earlier and +12% from the quarter before.
Was Corning profitable in the second quarter 2025?
Operating profit was $573M (14.8% of revenue) and net earnings $469M.
Source: Corning 10-Q on SEC EDGAR.