GLW Q3 2021 Earnings — Corning Incorporated Revenue & Financial Results | Market Cap Arena

GLWCorning Incorporated

$114B

Q3 2021 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$3.6B+20.5% YoY

Gross Profit

$1.3B36.5% margin

Operating Income

$552M15.3% margin

Net Income

$371M10.3% margin

EPS (Diluted)

$0.43

QoQ Revenue Growth

+3.3%

Cash Flow

Operating Cash Flow

$895M

Free Cash Flow

$494M

Stock-Based Comp.

$39M

Balance Sheet

Total Assets

$29.7B

Total Liabilities

$17.4B

Stockholders' Equity

$12.1B

Cash & Equivalents

$2.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.6B	$3.0B	+20.5%
Gross Profit	$1.3B	$1.0B	+32.0%
Operating Income	$552M	$257M	+114.8%
Net Income	$371M	$427M	-13.1%

Revenue Segments

Optical Communications

$1.1B34%

Display Technologies

$956M29%

Specialty Materials

$556M17%

Environmental Technologies

$385M12%

Life Sciences

$305M9%