GLW FY 2023 Earnings — Corning Incorporated Revenue & Financial Results | Market Cap Arena

GLWCorning Incorporated

$119B

FY 2023 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$12.6B-11.3% YoY

Gross Profit

$3.9B31.2% margin

Operating Income

$890M7.1% margin

Net Income

$581M4.6% margin

EPS (Diluted)

$0.68

Cash Flow

Operating Cash Flow

$2.0B

Free Cash Flow

$615M

Stock-Based Comp.

$218M

Balance Sheet

Total Assets

$28.5B

Total Liabilities

$16.6B

Stockholders' Equity

$11.6B

Cash & Equivalents

$1.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$12.6B	$14.2B	-11.3%
Gross Profit	$3.9B	$4.5B	-12.8%
Operating Income	$890M	$1.4B	-38.1%
Net Income	$581M	$1.3B	-55.9%