Corning Q1 FY26: where the revenue came from and where it went
The whole income statement of Corning for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jan 1 – Mar 31, 2026
- Reported
- May 1, 2026
Revenue$4.14B
+20% year over year
Gross profit$1.53B
37% margin
Operating profit$0.64B
15% margin
Net profit$0.37B
9% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 4.14 | 100% | +20% |
| Optical communications | 1.85 | 45% | +36% |
| Electronics glass | 1.22 | 29% | +1% |
| Automotive products | 0.44 | 11% | +4% |
| Polycrystalline silicon | 0.37 | 9% | +80% |
| Life science products | 0.23 | 5% | +0% |
| Product & service other | 0.04 | 1% | +16% |
| Cost of revenue | −2.62 | 63% | |
| Gross profit | 1.53 | 37% margin | +2pp |
| SG&A | −0.59 | 14% | +1pp |
| Other | −0.30 | 7% | +0pp |
| Operating profit | 0.64 | 15% margin | +3pp |
| Interest & other costs | −0.15 | ||
| Tax | −0.12 | ||
| Net profit | 0.37 | 9% margin | +4pp |
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