GLW Q1 2021 Earnings — Corning Incorporated Revenue & Financial Results | Market Cap Arena

GLWCorning Incorporated

$119B

Q1 2021 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$3.3B+37.6% YoY

Gross Profit

$1.2B35.1% margin

Operating Income

$502M15.3% margin

Net Income

$599M18.2% margin

EPS (Diluted)

$0.67

QoQ Revenue Growth

-1.8%

Cash Flow

Operating Cash Flow

$723M

Free Cash Flow

$434M

Stock-Based Comp.

$34M

Balance Sheet

Total Assets

$30.1B

Total Liabilities

$16.6B

Stockholders' Equity

$13.4B

Cash & Equivalents

$2.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.3B	$2.4B	+37.6%
Gross Profit	$1.2B	$561M	+106.1%
Operating Income	$502M	-$121M	+514.9%
Net Income	$599M	-$96M	+724.0%

Revenue Segments

Optical Communications

$937M31%

Display Technologies

$863M29%

Specialty Materials

$451M15%

Environmental Technologies

$441M15%

Life Sciences

$300M10%