Corning Incorporated
Corning
Corning Incorporated is a global leader in specialty glass and ceramics, with a core business in glass substrates for displays, optical communications, and advanced materials. Founded in 1851 and headquartered in Corning, New York, the company reported US$15.63 billion in GAAP revenue (US$16.41 billion core revenue) for fiscal 2025 and employs 67,200 people across approximately 40 countries. Corning operates more than 145 facilities, including 77 core manufacturing sites and 10+ R&D centers, leveraging proprietary fusion-draw and precision forming processes to produce high-yield, large-size display glass substrates for LCD and OLED panels, optical fiber for telecommunications, and specialty glass for semiconductor, automotive, and life sciences applications. The company is listed on the New York Stock Exchange under ticker GLW.
Strengths: Corning possesses unmatched expertise in glass science and precision manufacturing, with the world's highest-yield large-size display glass melting furnaces and a production capacity of hundreds of millions of square meters of specialty display glass annually. Its vertically integrated in-house manufacturing model ensures quality control and cost efficiency, while a diversified portfolio spanning display, optical communications, environmental technologies, and life sciences reduces dependence on any single market. The company holds a dominant position in Gorilla Glass for consumer electronics and has long-term supply agreements with major display panel makers, supported by over 170 years of continuous innovation and a strong IP portfolio.
Weaknesses: Corning faces cyclical demand in the display and optical fiber markets, which can cause revenue volatility, and its reliance on a few large customers in the display supply chain creates concentration risk. Additionally, the company's high capital expenditure for advanced glass melting facilities and R&D may pressure margins during downturns, and competition from lower-cost Asian manufacturers in standard glass substrates could erode market share.Read MoreShow Less
Strengths: Corning possesses unmatched expertise in glass science and precision manufacturing, with the world's highest-yield large-size display glass melting furnaces and a production capacity of hundreds of millions of square meters of specialty display glass annually. Its vertically integrated in-house manufacturing model ensures quality control and cost efficiency, while a diversified portfolio spanning display, optical communications, environmental technologies, and life sciences reduces dependence on any single market. The company holds a dominant position in Gorilla Glass for consumer electronics and has long-term supply agreements with major display panel makers, supported by over 170 years of continuous innovation and a strong IP portfolio.
Weaknesses: Corning faces cyclical demand in the display and optical fiber markets, which can cause revenue volatility, and its reliance on a few large customers in the display supply chain creates concentration risk. Additionally, the company's high capital expenditure for advanced glass melting facilities and R&D may pressure margins during downturns, and competition from lower-cost Asian manufacturers in standard glass substrates could erode market share.
Listed market data
GLW · NYSE · weeklyHistory →- Market cap
- $106 B
- Share price
- USD 126.14
- 1Y change
- +36.6%
- Recent change
- +2.4%
- Since first close
- ×58.4
- Revenue (TTM)
- $17 B
11-02 → 11-03
from 1981-12
Financial history
Full market history- 2026-11USD 126.14$106 B-4.4%
- 2026-10USD 132.00$113 B-14.2%
- 2026-09USD 153.76$129 B+3.4%
- 2026-08USD 148.73$125 B+7.6%
- 2026-07USD 138.25$116 B-45.9%
- 2026-06USD 255.43$215 B+41.0%
- 2026-05USD 181.16$152 B+10.3%
- 2026-04USD 164.24$138 B+20.8%
- 2026-03USD 135.97$114 B-9.6%
- 2026-02USD 150.38$126 B+45.6%
- 2026-01USD 103.25$86.8 B+17.9%
- 2025-12USD 87.56$73.6 B—
Ownership & Control
Shareholding as of 2026-06-30- Controlling entity
- Publicly held — no controlling shareholder disclosed
- Company type
- Brand & Manufacturer
- Insiders
- 7.67%
- Institutions
- 71.02%(3,128 holders)
- Free float
- 76.92%
Percentages are of total shares outstanding, aggregated from 13F-style filings via Yahoo Finance. Institutional figures reflect US-filed positions and may undercount owners filing elsewhere. No figure is shown where none is disclosed.
In the press
All coverage →5 latest headlines1- Days of Incandescence returns to Corning in October - WETMwww.mytwintiers.com2026-10-20
- NHC Commissioners approve incentive for Corning Inc. to expand in Wilmington - WECTwww.wect.com2026-10-19
- Wilmington considers $2 million incentive to secure Corning expansion - WWAYTV3www.wwaytv3.com2026-10-19
- New Hanover Officials OK $3M In Incentives For Corning Expansion - WilmingtonBizwww.wilmingtonbiz.com2026-10-19
- New Hanover approves millions to land Corning expansion - Wilmington Star-Newswww.starnewsonline.com2026-10-19
• Optical Communications — Produces optical fiber, cable, and connectivity solutions for telecommunications networks, data centers, and broadband infrastructure.
• Specialty Glass — Develops high-performance glass and glass-ceramics for consumer electronics Gorilla Glass, semiconductor optics, and automotive applications.
• Environmental Technologies — Supplies ceramic substrates and particulate filters for automotive emissions control and industrial air purification.
• Life Sciences — Provides laboratory glassware, consumables, and advanced cell culture surfaces for pharmaceutical and biotechnology research.
| Fiscal year | Revenue | Net income |
|---|---|---|
| 2025 | $15.6 B | $1.6 B |
| 2024 | $13.1 B | $506 M |
| 2023 | $12.6 B | $581 M |
| 2022 | $14.2 B | $1.3 B |
| 2021 | $14.1 B | $1.1 B |
Annual results from company filings (SEC XBRL), converted to US dollars.
Quick Facts
Headquarters
Corning, New York, United States
Founded
1851
Employees
67,200
Revenue
US$15.6 B (GAAP FY2025); US$16.4 B (Core FY2025)
Market cap
$106 B
Factories
145+ facilities including 77 core manufacturing sites and 10+ R&D centers
Presence
40+ countries
Listing
NYSE: GLWCategories
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Data Sources & Methodology
This corporate profile is compiled from publicly available sources including company annual reports, SEC/regulatory filings, official press releases, and verified third-party industry databases. Financial figures reflect the most recent fiscal year disclosures and are cross-validated across multiple independent references.
VerityRank Score is calculated using a proprietary multi-dimensional model evaluating market presence, financial strength, operational scale, innovation capacity, and brand influence. Individual dimension scores are normalized against industry peers and updated quarterly.
Disclaimer: This profile is for informational purposes only. VerityRank makes no warranties regarding completeness or timeliness. This content does not constitute investment advice or endorsement.
Key references: Official Website NYSE: GLW , Corning Official Website
NYSE: GLW Quote
Wikipedia – Corning Inc.
Corning 2025 Annual Report (PDF)