GLW Q4 2020 Earnings — Corning Incorporated Revenue & Financial Results | Market Cap Arena

GLWCorning Incorporated

$119B

Q4 2020 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$3.4B+18.9% YoY

Gross Profit

$1.2B36.2% margin

Operating Income

$476M14.2% margin

Net Income

$252M7.5% margin

EPS (Diluted)

$0.26

QoQ Revenue Growth

+11.6%

Cash Flow

Operating Cash Flow

$774M

Free Cash Flow

$383M

Stock-Based Comp.

$80M

Balance Sheet

Total Assets

$30.8B

Total Liabilities

$17.3B

Stockholders' Equity

$13.3B

Cash & Equivalents

$2.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.4B	$2.8B	+18.9%
Gross Profit	$1.2B	$854M	+42.0%
Operating Income	$476M	$147M	+223.8%
Net Income	$252M	$32M	+687.5%

Revenue Segments

Optical Communications

$976M32%

Display Technologies

$841M27%

Specialty Materials

$545M18%

Environmental Technologies

$445M14%

Life Sciences

$274M9%