Corning (GLW) Revenue & Revenue Breakdown
Corning Revenue Highlights
Latest Revenue (Y)
$12.59B
Latest Revenue (Q)
$3.39B
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 |
|---|---|---|
| 2024-09-30 | $3.39B | 4.31% |
| 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 $3.39B in revenue during Q3 2024, up 4.31% compared to the previous quarter, and up 104.56% 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 |
|---|---|---|---|
| Display Technologies | $3.17B | $3.25B | - |
| Environmental Technologies | $1.37B | $1.50B | - |
| Life Sciences | $998.00M | $1.01B | - |
| Specialty Materials | $1.88B | $1.59B | - |
| Optical Communications | $3.56B | $4.06B | - |
| Segments All Other | $465.00M | - | - |
| All Other Segments | - | $230.00M | - |
| Telecommunication Products | - | - | $4.19B |
| Specialty Glass Products | - | - | $1.48B |
| Life Science Products | - | - | $946.00M |
| Environmental Substrate And Filter Products | - | - | $1.29B |
| Display Products | - | - | $3.17B |
| All Other Products | - | - | $216.00M |
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 | Sep 24 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Display Technologies | $1.01B | $1.01B | $872.00M | $841.00M | $827.00M | $753.00M | $751.00M | - | - | - | - | - | - | - | - | - |
| Specialty Materials | $548.00M | $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 | $1.25B | $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 | $244.00M | $249.00M | $236.00M | $274.00M | $223.00M | $243.00M | $258.00M | - | - | - | - | - | - | - | - | - |
| Environmental Technologies | $382.00M | $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 |
| 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 Sep 24: Optical Communications (36.27%), Display Technologies (29.55%), Specialty Materials (15.95%), Environmental Technologies (11.12%), and Life Sciences (7.10%).
Corning Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|
| Asia Pacific | $6.21B | $5.87B | $5.75B |
| C | $3.73B | $3.10B | $2.72B |
| D | $378.00M | $435.00M | $451.00M |
| J | $505.00M | $441.00M | $415.00M |
| D [E] | $378.00M | - | - |
| C [N] | $3.73B | - | - |
| C [A] | $274.00M | - | - |
| U | $3.41B | $3.76B | $3.57B |
| 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 | - | - |
| 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 |
| Segments All Other | $465.00M | - | - |
| Display Technologies | $3.17B | - | - |
| U [S] | $3.41B | - | - |
| T [W] | $887.00M | - | - |
| J [P] | $505.00M | - | - |
| Europe | $2.05B | $1.32B | $1.36B |
| 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 (7.34%), C [N] (7.34%), Optical Communications (7.00%), U (6.71%), U [S] (6.71%), Display Technologies (6.23%), Europe (4.04%), Specialty Materials (3.70%), Environmental Technologies (2.69%), Life Sciences (1.96%), T (1.74%), T [W] (1.74%), Other Europe (1.65%), K [R] (1.47%), K (1.47%), J (0.99%), J [P] (0.99%), Segments All Other (0.91%), D (0.74%), D [E] (0.74%), C [A] (0.54%), All Other (0.51%), M [X] (0.15%), and M (0.15%).
Corning Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| JBL | Jabil | $28.88B | $6.76B |
| FLEX | Flex | $26.41B | $6.54B |
| TEL | TE Connectivity | $16.03B | $3.98B |
| GLW | Corning | $12.59B | $3.39B |
| APH | Amphenol | $12.55B | $4.04B |
| 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 | $567.39M |
| TTMI | TTM | $2.23B | $605.14M |
| OSIS | OSI Systems | $1.54B | $344.01M |
| 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 Q3 2024 was $3.39B, a 4.31% increase from the previous quarter (Q2 2024), and a 6.87% increase year-over-year (Q3 2023). The company'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). GLW'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).
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 Display Technologies, Environmental Technologies, Life Sciences, Specialty Materials, Optical Communications, and Segments All Other. Display Technologies generated $3.17B in revenue, accounting 27.70% of the company's total revenue, down -2.52% year-over-year. Environmental Technologies generated $1.37B in revenue, accounting 11.96% of the company's total revenue, down -8.61% 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. Optical Communications generated $3.56B in revenue, accounting 31.11% of the company's total revenue, down -12.33% year-over-year. Segments All Other generated $465M in revenue, accounting 4.06% of the company's total revenue
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.