NYSE$GLW

Corning Inc · Q2 2026 earnings

Q2 2026 earnings · · Before market open · Investor relations

Briefing

Corning Inc reported strong Q2 2026 results with core sales growth of 17% year over year, demonstrating progress on its upgraded Springboard Plan.

Corning delivered ninth consecutive quarter of year-over-year growth in Q2 2026. Core sales reached $4.74 billion, up 17%, while core EPS grew 30% to $0.78. The company expanded core gross margin to 39.6% and core operating margin to 20.9%, with core ROIC at 14.9%.

  • Core sales grew 17% YoY to $4.74 billion; GAAP sales were $4.51 billion, up 17% YoY.
  • Core EPS rose 30% YoY to $0.78; GAAP EPS was $0.64, up 19% YoY.
  • Optical Communications sales surged 32% to $2.07 billion, driven by strong Enterprise Networks and Gen AI demand.
  • Q3 2026 outlook: core sales $4.9-5.0 billion (up ~16% YoY) and core EPS $0.85-0.89 (up ~28% YoY).

Headline financials

Total Revenue

$4.51B

Previous: $3.86B+16.8%
EPS (adj)

$0.78

Previous: $0.54+44.4%
Core Operating Margin

20.9%

No prior period
Core ROIC

14.9%

No prior period
GAAP Operating Cash Flow

$1.72B

No prior period
Core Gross Margin

39.6%

No prior period
GAAP Gross Margin

36.1%

No prior period
GAAP Operating Margin

15.5%

No prior period
Free Cash Flow

$1.3B

Previous: -$47M+2855.3%
Net Income

$559M

Previous: $469M+19.2%
Operating Income

$698M

Previous: $573M+21.8%
Gross Profit

$1.63B

Previous: $1.39B+17.0%
Cash & Equivalents

$2.5B

No prior period
Total Assets

$33B

Previous: $28.7B+14.6%

Revenue & EPS history

Corning · Revenue · Quarterly

$4.51B

Q2 2026+16.8%vs Q2 2025
Beat estimate in 2 of 16 quarters(13%)
ActualEstimate

Revenue by segment

Corning · $4.74B total across 5 segments · Q2 2026

  • Optical Communications
    $2.07B
  • Glass Innovations
    $1.46B
  • Automotive
    $471M
  • Solar
    $438M
  • Life Sciences & Emerging Growth
    $294M

Forward guidance

Q3 2026 core sales expected to grow ~16% YoY to $4.9-5.0 billion; core EPS to grow ~28% YoY to $0.85-0.89. Solar profitability expected to improve.

Tailwinds

  • Strong customer partnerships with Amazon and NVIDIA supporting AI-driven growth
  • Solar ramp expected to deliver >$3 billion revenue stream with strong profit and cash flow
  • Upgraded Springboard Plan targets $20B sales run rate by end-2026

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+0.1%

Avg return

Earnings day

-0.1%

Avg return

5 days after

+2.1%

Avg return

30 days after

49%

36 / 73 earnings

Positive

+14.9%

Q4 2021

Best reaction

-9.9%

Q2 2014

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026
Q1 2026-0.8%-5.8%+9.0%
Q4 2025-5.0%+0.6%+37.0%
Q3 2025-3.3%-0.3%-6.5%
Q2 2025-1.9%+1.2%+6.0%
Q1 2025+0.8%+3.8%+13.3%
Q4 2024-2.8%+0.2%-2.1%
Q3 2024+2.6%+3.2%+2.9%
Q2 2024-6.3%-8.8%-1.9%
Q1 2024+5.3%+6.1%+16.3%
Q4 2023+4.3%+3.5%+3.5%
Q3 2023-0.6%-1.3%+4.6%
Q2 2023+3.6%+1.7%-3.7%
Q1 2023-4.2%-1.3%-7.8%
Q4 2022-3.1%-1.8%-5.2%
Q3 2022+0.2%+0.5%+4.9%
Q2 2022+4.2%+6.6%+3.9%
Q1 2022+4.8%+2.2%+2.3%
Q4 2021+14.9%+19.1%+16.4%
Q3 2021-8.3%-7.9%+1.1%
Q2 2021-0.5%+1.9%-2.1%
Q1 2021-3.7%-4.0%-6.0%
Q4 2020-2.0%-3.4%+2.9%
Q3 2020-7.4%-6.7%+8.9%
Q2 2020+3.2%+1.2%+4.9%
Q1 2020+3.9%-4.5%+6.6%
Q4 2019-1.1%-3.9%-14.8%
Q3 2019-0.7%-3.4%-4.1%
Q2 2019-9.8%-14.1%-18.7%
Q1 2019-4.2%-5.2%-13.5%
Q4 2018+10.4%+9.0%+14.7%
Q3 2018-1.7%-0.5%-0.4%
Q2 2018+12.7%+10.4%+10.6%
Q1 2018-1.6%-1.0%-0.6%
Q4 2017-8.8%-8.7%-17.1%
Q3 2017+5.1%+5.0%+6.0%
Q2 2017-8.2%-9.3%-10.8%
Q1 2017+3.2%+4.8%+7.4%
Q4 2016+7.7%+7.7%+11.3%
Q3 2016-3.6%-5.1%+1.3%
Q2 2016+2.7%+2.7%+4.4%
Q1 2016-8.0%
Q4 2015+6.9%
Q3 2015+8.7%
Q2 2015+0.5%
Q1 2015-4.6%
Q4 2014+1.3%
Q3 2014+5.5%
Q2 2014-9.9%
Q1 2014+0.6%
Q4 2013-5.8%
Q3 2013-2.4%
Q2 2013-1.3%
Q1 2013+8.4%
Q4 2012-1.2%
Q3 2012-9.8%
Q4 2011+1.7%
Q2 2012-7.0%
Q1 2012+7.1%
Q3 2011+8.4%
Q2 2011-2.3%
Q1 2011-0.9%
Q4 2010-1.9%
Q3 2010+0.3%
Q2 2010+5.5%
Q1 2010+1.0%
Q2 2009+1.1%
Q4 2007+1.1%
Q4 2009+1.1%
Q3 2009-0.1%
Q3 2008-0.1%
Q1 2009+0.2%
Q4 2008+0.2%
Q2 2008+0.2%

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