Filing Flows › Corning (GLW) › Q2 2026
Corning (GLW) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 29, 2026
Corning (GLW) reported revenue of $4.5B for the second quarter 2026 (Q2 2026), +17% from a year earlier and +9% from the quarter before. Operating margin was 15.5%, net earnings $559M (12.4% of revenue).
Corning, Q2 2026: revenue $4.5B (+17% year over year), operating margin 15.5%, net earnings $559M, operating cash flow $1.7B. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.5B | +9% | +17% |
| Gross profit | $1.6B | +7% | +17% |
| Operating profit | $698M | +9% | +22% |
| Net earnings | $559M | +51% | +19% |
| Operating cash flow | $1.7B | +374% | +143% |
| Free cash flow | $1.3B | 43× | +224% |
What changed
Revenue was $4.5B in Q2 2026, up 17% year over year and up 9% from the previous quarter. Optical communications products was the largest line at 46% of revenue. Optical communications products added $0.51B year over year (up 32%), 79% of the total change. All other products declined 56%.
Gross margin was 36.1%, up 0.1 points from Q2 2025. Operating profit was $0.70B, a 15.5% margin (up 0.7 points year over year). Of the extra revenue versus Q2 2025, 19% reached operating profit, above the 15% margin then. Operating expenses grew 14% against revenue growth of 17%. The fastest-growing cost line was SG&A (+18%). Net earnings were $0.56B, up 19% year over year. The effective tax rate was 6.2%.
Operating cash flow was $1.7B (up 143% year over year), 282% of net income including minority interests. Non-cash charges added back $0.39B of depreciation and amortization and $0.14B of share-based compensation. Working capital and other items added $0.58B. Capital expenditures of $0.42B left free cash flow of $1.3B.
Questions
What was Corning's revenue in the second quarter 2026?
Corning (GLW) reported revenue of $4.5B for the second quarter 2026 (Q2 2026), +17% from a year earlier and +9% from the quarter before.
Was Corning profitable in the second quarter 2026?
Operating profit was $698M (15.5% of revenue) and net earnings $559M.
Source: Corning 10-Q on SEC EDGAR.