GLW Q4 2022 Earnings — Corning Incorporated Revenue & Financial Results | Market Cap Arena

GLWCorning Incorporated

$119B

Q4 2022 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$3.4B-7.3% YoY

Gross Profit

$915M26.9% margin

Operating Income

$86M2.5% margin

Net Income

-$36M-1.1% margin

EPS (Diluted)

$-0.04

QoQ Revenue Growth

-2.4%

Cash Flow

Operating Cash Flow

$617M

Free Cash Flow

$214M

Stock-Based Comp.

$30M

Balance Sheet

Total Assets

$29.5B

Total Liabilities

$17.2B

Stockholders' Equity

$12.0B

Cash & Equivalents

$1.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.4B	$3.7B	-7.3%
Gross Profit	$915M	$1.3B	-28.0%
Operating Income	$86M	$483M	-82.2%
Net Income	-$36M	$487M	-107.4%