Corning (GLW) Revenue & Revenue Breakdown
Corning Revenue Highlights
Latest Revenue (Y)
$12.59B
Latest Revenue (Q)
$3.25B
Main Segment (Y)
Optical Communications
Main Geography (Y)
Other Asia Pacific
Corning Revenue by Period
Corning Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $12.59B | -11.28% |
| 2022-12-31 | $14.19B | 0.76% |
| 2021-12-31 | $14.08B | 24.59% |
| 2020-12-31 | $11.30B | -1.74% |
| 2019-12-31 | $11.50B | 1.89% |
| 2018-12-31 | $11.29B | 11.61% |
| 2017-12-31 | $10.12B | 7.73% |
| 2016-12-31 | $9.39B | 3.06% |
| 2015-12-31 | $9.11B | -6.22% |
| 2014-12-31 | $9.71B | 24.25% |
| 2013-12-31 | $7.82B | -2.41% |
| 2012-12-31 | $8.01B | 1.55% |
| 2011-12-31 | $7.89B | 18.97% |
| 2010-12-31 | $6.63B | 22.93% |
| 2009-12-31 | $5.39B | -9.30% |
| 2008-12-31 | $5.95B | 1.50% |
| 2007-12-31 | $5.86B | 13.26% |
| 2006-12-31 | $5.17B | 12.99% |
| 2005-12-31 | $4.58B | 18.81% |
| 2004-12-31 | $3.85B | 24.72% |
| 2003-12-31 | $3.09B | -2.34% |
| 2002-12-31 | $3.16B | -49.55% |
| 2001-12-31 | $6.27B | -13.76% |
| 2000-12-31 | $7.27B | 69.25% |
| 1999-12-31 | $4.30B | 23.34% |
| 1998-12-31 | $3.48B | -14.81% |
| 1997-12-31 | $4.09B | 12.00% |
| 1996-12-31 | $3.65B | -31.27% |
| 1995-12-31 | $5.31B | 11.37% |
| 1995-01-01 | $4.77B | 19.12% |
| 1994-01-02 | $4.00B | - |
Corning generated $12.59B in revenue during NA 2023, up -11.28% compared to the previous quarter, and up 111.50% compared to the same period a year ago.
Corning Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $3.25B | 9.28% |
| 2024-03-31 | $2.98B | -0.63% |
| 2023-12-31 | $2.99B | -5.64% |
| 2023-09-30 | $3.17B | -2.16% |
| 2023-06-30 | $3.24B | 2.05% |
| 2023-03-31 | $3.18B | -6.69% |
| 2022-12-31 | $3.41B | -2.35% |
| 2022-09-30 | $3.49B | -3.51% |
| 2022-06-30 | $3.62B | -1.77% |
| 2022-03-31 | $3.68B | 0.11% |
| 2021-12-31 | $3.68B | 1.69% |
| 2021-09-30 | $3.62B | 3.26% |
| 2021-06-30 | $3.50B | 6.41% |
| 2021-03-31 | $3.29B | -1.79% |
| 2020-12-31 | $3.35B | 11.63% |
| 2020-09-30 | $3.00B | 17.18% |
| 2020-06-30 | $2.56B | 7.11% |
| 2020-03-31 | $2.39B | -15.12% |
| 2019-12-31 | $2.82B | -3.99% |
| 2019-09-30 | $2.93B | -0.20% |
| 2019-06-30 | $2.94B | 4.55% |
| 2019-03-31 | $2.81B | -7.35% |
| 2018-12-31 | $3.04B | 0.90% |
| 2018-09-30 | $3.01B | 9.50% |
| 2018-06-30 | $2.75B | 9.88% |
| 2018-03-31 | $2.50B | -5.20% |
| 2017-12-31 | $2.64B | 1.15% |
| 2017-09-30 | $2.61B | 4.41% |
| 2017-06-30 | $2.50B | 5.14% |
| 2017-03-31 | $2.38B | -4.08% |
| 2016-12-31 | $2.48B | -1.24% |
| 2016-09-30 | $2.51B | 6.23% |
| 2016-06-30 | $2.36B | 15.29% |
| 2016-03-31 | $2.05B | -8.25% |
| 2015-12-31 | $2.23B | -1.80% |
| 2015-09-30 | $2.27B | -3.03% |
| 2015-06-30 | $2.34B | 3.44% |
| 2015-03-31 | $2.27B | -5.78% |
| 2014-12-31 | $2.40B | -5.35% |
| 2014-09-30 | $2.54B | 2.34% |
| 2014-06-30 | $2.48B | 8.43% |
| 2014-03-31 | $2.29B | 17.02% |
| 2013-12-31 | $1.96B | -5.37% |
| 2013-09-30 | $2.07B | 4.29% |
| 2013-06-30 | $1.98B | 9.26% |
| 2013-03-31 | $1.81B | -15.47% |
| 2012-12-31 | $2.15B | 5.30% |
| 2012-09-30 | $2.04B | 6.81% |
| 2012-06-30 | $1.91B | -0.63% |
| 2012-03-31 | $1.92B | 1.75% |
| 2011-12-31 | $1.89B | -9.06% |
| 2011-09-30 | $2.08B | 3.49% |
| 2011-06-30 | $2.00B | 4.26% |
| 2011-03-31 | $1.92B | 8.95% |
| 2010-12-31 | $1.76B | 10.17% |
| 2010-09-30 | $1.60B | -6.43% |
| 2010-06-30 | $1.71B | 10.24% |
| 2010-03-31 | $1.55B | 1.37% |
| 2009-12-31 | $1.53B | 3.58% |
| 2009-09-30 | $1.48B | 6.02% |
| 2009-06-30 | $1.40B | 41.05% |
| 2009-03-31 | $989.00M | -8.76% |
| 2008-12-31 | $1.08B | -30.29% |
| 2008-09-30 | $1.55B | -8.10% |
| 2008-06-30 | $1.69B | 4.64% |
| 2008-03-31 | $1.62B | - |
Corning generated $3.25B in revenue during Q2 2024, up 9.28% compared to the previous quarter, and up 102.30% compared to the same period a year ago.
Corning Revenue Breakdown
Corning Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|
| Segments All Other | $465.00M | - | - |
| Environmental Technologies | $1.37B | $1.50B | - |
| Optical Communications | $3.56B | $4.06B | - |
| Display Technologies | $3.17B | $3.25B | - |
| Life Sciences | $998.00M | $1.01B | - |
| Specialty Materials | $1.88B | $1.59B | - |
| All Other Segments | - | $230.00M | - |
| Life Science Products | - | - | $946.00M |
| Environmental Substrate And Filter Products | - | - | $1.29B |
| Specialty Glass Products | - | - | $1.48B |
| Telecommunication Products | - | - | $4.19B |
| All Other Products | - | - | $216.00M |
| Display Products | - | - | $3.17B |
Corning's latest annual revenue breakdown by segment (product or service), as of Dec 20: Optical Communications (31.11%), Display Technologies (27.70%), Specialty Materials (16.45%), Environmental Technologies (11.96%), Life Sciences (8.71%), and Segments All Other (4.06%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Sep 23 | Jun 23 | Mar 23 | Sep 22 | Jun 22 | Mar 22 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Environmental Technologies | $431.00M | $455.00M | $449.00M | $457.00M | $431.00M | $425.00M | $356.00M | $409.00M | $385.00M | $407.00M | $441.00M | $445.00M | $379.00M | $226.00M | $320.00M |
| Specialty Materials | $501.00M | $454.00M | $563.00M | $423.00M | $406.00M | $519.00M | $485.00M | $493.00M | $556.00M | $483.00M | $451.00M | $545.00M | $570.00M | $417.00M | $352.00M |
| Optical Communications | $1.11B | $930.00M | $918.00M | $1.07B | $1.13B | $1.32B | $1.31B | $1.20B | $1.13B | $1.07B | $937.00M | $976.00M | $909.00M | $887.00M | $791.00M |
| Life Sciences | $249.00M | $236.00M | $274.00M | $223.00M | $243.00M | $258.00M | - | - | - | - | - | - | - | - | - |
| Display Technologies | $1.01B | $872.00M | $841.00M | $827.00M | $753.00M | $751.00M | - | - | - | - | - | - | - | - | - |
| Hemlock and Emerging Growth Businesses | - | $311.00M | $327.00M | $377.00M | $386.00M | $407.00M | $418.00M | - | - | - | - | - | - | - | - |
| Life Science Products | - | $236.00M | $230.00M | $231.00M | $256.00M | $312.00M | $312.00M | $310.00M | $305.00M | $312.00M | $300.00M | - | - | - | - |
| Display Products | - | - | $972.00M | $928.00M | $763.00M | $686.00M | $878.00M | $959.00M | $956.00M | $939.00M | $863.00M | - | - | - | - |
| Other Segments | - | - | - | - | - | - | - | $375.00M | $306.00M | $288.00M | $271.00M | - | - | - | - |
| All Other Segments | - | - | - | - | - | - | - | - | - | - | - | - | $99.00M | $62.00M | $57.00M |
Corning's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Optical Communications (33.65%), Display Technologies (30.65%), Specialty Materials (15.15%), Environmental Technologies (13.03%), and Life Sciences (7.53%).
Corning Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|
| Asia Pacific | $6.21B | $5.87B | $5.75B |
| Europe | $2.05B | $1.32B | $1.36B |
| J [P] | $505.00M | - | - |
| T [W] | $887.00M | - | - |
| U [S] | $3.41B | - | - |
| C [N] | $3.73B | - | - |
| C [A] | $274.00M | - | - |
| U | $3.41B | $3.76B | $3.57B |
| T | $887.00M | $880.00M | $921.00M |
| Other Europe | $838.00M | $886.00M | $905.00M |
| M | $75.00M | $55.00M | $53.00M |
| K | $748.00M | $1.05B | $1.26B |
| K [R] | $748.00M | - | - |
| M [X] | $75.00M | - | - |
| North America | $3.76B | $4.09B | $3.92B |
| Other Asia Pacific | $6.55B | $401.00M | $436.00M |
| Specialty Materials | $1.88B | - | - |
| Environmental Technologies | $1.37B | - | - |
| Optical Communications | $3.56B | - | - |
| Life Sciences | $998.00M | - | - |
| Segments All Other | $465.00M | - | - |
| Display Technologies | $3.17B | - | - |
| D [E] | $378.00M | - | - |
| J | $505.00M | $441.00M | $415.00M |
| D | $378.00M | $435.00M | $451.00M |
| C | $3.73B | $3.10B | $2.72B |
| All Other | $261.00M | - | - |
Corning's latest annual revenue breakdown by geography, as of Dec 20: Other Asia Pacific (12.88%), Asia Pacific (12.21%), North America (7.39%), C [N] (7.34%), C (7.34%), Optical Communications (7.00%), U [S] (6.71%), U (6.71%), Display Technologies (6.23%), Europe (4.04%), Specialty Materials (3.70%), Environmental Technologies (2.69%), Life Sciences (1.96%), T [W] (1.74%), T (1.74%), Other Europe (1.65%), K (1.47%), K [R] (1.47%), J [P] (0.99%), J (0.99%), Segments All Other (0.91%), D [E] (0.74%), D (0.74%), C [A] (0.54%), All Other (0.51%), M (0.15%), and M [X] (0.15%).
Corning Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| JBL | Jabil | $34.70B | $6.76B |
| FLEX | Flex | $26.41B | $4.67B |
| TEL | TE Connectivity | $16.03B | $3.98B |
| GLW | Corning | $12.59B | $3.25B |
| APH | Amphenol | $12.55B | $3.61B |
| SANM | Sanmina | $8.94B | $1.84B |
| CLS | Celestica | $8.11B | $2.20B |
| PLXS | Plexus | $4.21B | $960.75M |
| FN | Fabrinet | $2.88B | $731.53M |
| LFUS | Littelfuse | $2.36B | $558.49M |
| TTMI | TTM | $2.23B | $605.14M |
| OSIS | OSI Systems | $1.28B | $405.41M |
| VICR | Vicor | $100.00K | $85.85K |
GLW Revenue FAQ
What is Corning’s yearly revenue?
Corning's yearly revenue for 2023 was $12.59B, representing a decrease of -11.28% compared to 2022. The company's yearly revenue for 2022 was $14.19B, representing an increase of 0.76% compared to 2021. GLW's yearly revenue for 2021 was $14.08B, representing an increase of 24.59% compared to 2020.
What is Corning’s quarterly revenue?
Corning's quarterly revenue for Q2 2024 was $3.25B, a 9.28% increase from the previous quarter (Q1 2024), and a 0.25% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $2.98B, a -0.63% decrease from the previous quarter (Q4 2023), and a -6.39% decrease year-over-year (Q1 2023). GLW's quarterly revenue for Q4 2023 was $2.99B, a -5.64% decrease from the previous quarter (Q3 2023), and a -12.10% decrease year-over-year (Q4 2022).
What is Corning’s revenue growth rate?
Corning's revenue growth rate for the last 3 years (2021-2023) was -10.61%, and for the last 5 years (2019-2023) was 9.43%.
What are Corning’s revenue streams?
Corning's revenue streams in c 20 are Segments All Other, Environmental Technologies, Optical Communications, Display Technologies, Life Sciences, and Specialty Materials. Segments All Other generated $465M in revenue, accounting 4.06% of the company's total revenue Environmental Technologies generated $1.37B in revenue, accounting 11.96% of the company's total revenue, down -8.61% year-over-year. Optical Communications generated $3.56B in revenue, accounting 31.11% of the company's total revenue, down -12.33% year-over-year. Display Technologies generated $3.17B in revenue, accounting 27.70% of the company's total revenue, down -2.52% year-over-year. Life Sciences generated $998M in revenue, accounting 8.71% of the company's total revenue, down -1.67% year-over-year. Specialty Materials generated $1.88B in revenue, accounting 16.45% of the company's total revenue, up 18.19% year-over-year.
What is Corning’s main source of revenue?
For the fiscal year ending Dec 20, the largest source of revenue of Corning was Optical Communications. This segment made a revenue of $3.56B, representing 31.11% of the company's total revenue.