Corning reported nine-month core sales of $14.2 billion, up 18%, and core earnings per share of $2.40, up 33%. Its annualized core sales run rate reached $20.3 billion, exceeding the $20 billion end-of-2026 target one quarter early.
GLW · Corning Inc
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Corning reported third-quarter sales of $5.1 billion, up 19%, EPS of $0.91, up 36%, and free cash flow of $661 million. Fourth-quarter guidance calls for sales of $5.2 billion to $5.3 billion and EPS of $0.96 to a dollar.
Corning’s third-quarter 2026 core sales grew 19% to $5.08 billion and core EPS grew 36% to $0.91. Fourth-quarter core sales are expected at $5.2 billion to $5.3 billion and core EPS at $0.96 to $1.00.
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Quarterly results
* Q4 derived as the full year minus Q1 to Q3.
AI Brief
Q3 FY26 earnings call · Oct 27, 2026TL;DR. Corning exceeded guidance as Q3 core sales rose 19% to $5.08 billion, core EPS rose 36% to $0.91, and core margins expanded; Q4 guidance calls for approximately 19% sales growth and 36% EPS growth. Optical Communications and Enterprise Networks posted strong growth, four multibillion-dollar customer agreements support a larger DCI opportunity, and Solar’s Section 232 pricing benefit supports a more-than-$3 billion opportunity, while Glass Innovations and Automotive income declined and Solar remained loss-making.
- + Fourth-quarter guidance calls for approximately 19% core sales growth to $5.2 billion–$5.3 billion and approximately 36% core EPS growth to $0.96–$1.00.
- − Glass Innovations sales fell 3% year over year to $1.5 billion and income fell 10% to $328 million. new
- − Solar remained unprofitable with a $7 million net loss despite 37% sales growth, and production ramped more slowly than anticipated. new
- − Solar remained below the corporate operating margin and continued to drag on consolidated margins. new
- − Automotive net income declined 1% year over year to $67 million despite 4% sales growth. new
- − Life Sciences and Emerging Growth Businesses sales rose only 1% and net income declined $13 million due to investments in emerging growth programs. new
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
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Guidance & track record
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Key metrics
Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.
Versus peers
Electronic Components — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
GLW
this stock
Corning Inc
|
$98.27B | +30.3% | +19.1% | 46.4 | 1.9% |
|
APH
Amphenol Corp
|
$193.17B | — | +51.7% | 34.1 | 1.1% |
|
TEL
TE Connectivity plc
|
$62.02B | -4.9% | +15.2% | 19.6 | 2.0% |
|
MRAAF
Murata Manufacturing Co., Ltd.
|
$57.31B | +41.0% | — | — | 0.0% |
|
LXSPY
Luxshare Precision Industry Co., Ltd.
|
$50.33B | — | — | — | — |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every section- Filed
- Oct 29, 2026
- This year
- 22
Corning reported nine-month core sales of $14.2 billion, up 18%, and core earnings per share of $2.40, up 33%. Its annualized core sales run rate reached $20.3 billion, exceeding the $20 billion end-of-2026 target one quarter early.
ViewPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| GLW | +7.5% | -13.6% | -41.9% | -7.5% | +30.3% |
| SPY | +2.6% | -1.2% | +0.5% | -0.2% | +10.6% |
| vs SPY | +4.9% | -12.4% | -42.4% | -7.3% | +19.7% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.