Filing Flows

Filing Flows › Corning (GLW) › Q2 2026 › vs Q2 2025

Corning (GLW) Q2 2026 vs Q2 2025 (year over year)

Corning's revenue rose $643M (+17%) from $3.9B in Q2 2025 to $4.5B in Q2 2026. The biggest changes: Optical communications products +$506M (+32%); Polycrystalline silicon and solar products +$207M (+90%); All other products −$53.0M (-56%). Gross margin 36.1% against 36.0% (+0.1 pts).

Corning, Q2 2026: revenue $4.5B (+17% year over year), operating margin 15.5%, net earnings $559M, operating cash flow $1.7B. The chart draws each line against Q2 2025, the increases inside each band.

Corning: what changed, Q2 2026 vs Q2 2025Corning: what changed, Q2 2026 vs Q2 2025Operating cash flow$1.0BFree cash flow (OCF − capex)$895MWorking capital & other$796MOptical communications produc…$506MCost of revenue$407MGross profit$236MPolycrystalline silicon and s…$207MOperating profit$125MCapital expenditures$114MOperating expenses$111M

Margins

Q2 2026Q2 2025Change
Gross margin36.1%36.0%+0.1 pts
Operating margin15.5%14.8%+0.7 pts
Net margin12.4%12.1%+0.3 pts
Free cash flow margin28.7%10.4%+18.4 pts

Every line

LineQ2 2026Q2 2025Change%
Optical communications products$2.1B$1.6B$506M+32%
Electronics glass and advanced optics products$1.2B$1.3B−$37.0M-3%
Automotive products$474M$457M$17.0M+4%
Polycrystalline silicon and solar products$438M$231M$207M+90%
Life Sciences products$249M$246M$3.0M+1%
All other products$42.0M$95.0M−$53.0M-56%
Revenue$4.5B$3.9B$643M+17%
Gross profit$1.6B$1.4B$236M+17%
Cost of revenue$2.9B$2.5B$407M+16%
Operating profit$698M$573M$125M+22%
Operating expenses$930M$819M$111M+14%
Pre-tax earnings$649M$584M$65.0M+11%
Other expense, net$49.0M−$11.0M$60.0M—
SG&A$608M$515M$93.0M+18%
Other operating costs$322M$304M$18.0M+6%
Net earnings$559M$469M$90.0M+19%
Minority interests$50.0M$31.0M$19.0M+61%
Income tax$40.0M$84.0M−$44.0M-52%
Depreciation & amortization$391M$340M$51.0M+15%
Share-based compensation$135M$63.0M$72.0M+114%
Working capital & other$632M−$164M$796M—
Operating cash flow$1.7B$708M$1.0B+143%
Free cash flow (OCF − capex)$1.3B$400M$895M+224%
Capital expenditures$422M$308M$114M+37%

Questions

How much did Corning's revenue grow year over year in Q2 2026?

Corning's revenue rose $643M (+17%) from $3.9B in Q2 2025 to $4.5B in Q2 2026.

What drove Corning's revenue change in Q2 2026?

Optical communications products +$506M (+32%); Polycrystalline silicon and solar products +$207M (+90%); All other products −$53.0M (-56%).

Q2 2026 results → · Compare in the interactive Sankey →