GLW Q2 2021 Earnings — Corning Incorporated Revenue & Financial Results | Market Cap Arena

GLWCorning Incorporated

$119B

Q2 2021 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$3.5B+36.7% YoY

Gross Profit

$1.3B37.6% margin

Operating Income

$575M16.4% margin

Net Income

$449M12.8% margin

EPS (Diluted)

$-0.42

QoQ Revenue Growth

+6.4%

Cash Flow

Operating Cash Flow

$771M

Free Cash Flow

$447M

Stock-Based Comp.

$44M

Balance Sheet

Total Assets

$29.8B

Total Liabilities

$17.7B

Stockholders' Equity

$12.0B

Cash & Equivalents

$2.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.5B	$2.6B	+36.7%
Gross Profit	$1.3B	$756M	+73.9%
Operating Income	$575M	-$103M	+658.3%
Net Income	$449M	-$71M	+732.4%

Revenue Segments

Optical Communications

$1.1B33%

Display Technologies

$939M29%

Specialty Materials

$483M15%

Environmental Technologies

$407M13%

Life Sciences

$312M10%