GLW Q4 2024 Earnings — Corning Incorporated Revenue & Financial Results | Market Cap Arena

GLWCorning Incorporated

$119B

Q4 2024 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$3.5B+16.9% YoY

Gross Profit

$1.2B34.2% margin

Operating Income

$393M11.2% margin

Net Income

$310M8.9% margin

EPS (Diluted)

$0.36

QoQ Revenue Growth

+3.2%

Cash Flow

Operating Cash Flow

$623M

Free Cash Flow

$369M

Stock-Based Comp.

$71M

Balance Sheet

Total Assets

$27.7B

Total Liabilities

$16.7B

Stockholders' Equity

$10.7B

Cash & Equivalents

$1.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.5B	$3.0B	+16.9%
Gross Profit	$1.2B	$911M	+31.4%
Operating Income	$393M	$78M	+403.8%
Net Income	$310M	-$40M	+875.0%

Revenue Segments

Optical Communications

$1.4B39%

Display Technologies

$971M28%

Specialty Materials

$515M15%

Environmental Technologies

$397M11%

Life Sciences

$250M7%