8-K
filed April 28, 2026, 7:59 PM ET
ticker GLW
CIK 0000024741
earnings
confidence high
sentiment positive
materiality 0.85
Corning Q1 core sales $4.35B (+18%), core EPS $0.70 (+30%); Q2 guidance ~$4.6B
CORNING INC /NY
2026-Q1 EPS reported
$0.43
revenue$4,144,000,000
- Core sales $4.35B (+18% YoY); core EPS $0.70 (+30% YoY). GAAP EPS $0.43 (+139%).
- Optical Communications sales +36% YoY; Solar +80% YoY. Two new hyperscaler deals similar to Meta's up-to-$6B agreement.
- Q2 guided core sales ~$4.6B (+14% YoY), core EPS $0.73-$0.77 (+25% YoY); includes $30M solar wafer shutdown expense.
- Segment structure revised: Glass Innovations (Display+Specialty) and Solar (Hemlock+solar wafer/module); Life Sciences now 'other'.
- Management plans to extend Springboard plan through 2030; new Photonics platform unveiled at May 6 investor event.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
CORNING INC /NY reported first-quarter ended March 31, 2026 results: revenue $4.35 billion, net income $612 million, EPS $0.70.
- Period
- first-quarter ended March 31, 2026
- Revenue
- $4.35 billion
- Net income
- $612 million
- EPS
- $0.70
- Result
- reported results
Exact text from the filing
Incorporated (NYSE: GLW) today announced its first-quarter 2026 results and provided its outlook for second-quarter 2026. News Summary: • First-quarter core sales grew 18% to $4.35 billion, and core EPS grew 30% to $0.70 versus Q1-2025. • Robust demand for Gen AI products and the ramp of new solar products drove Q1 growth. • Optical Communications sales grew 36%,
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
CORNING INC /NY reported second-quarter 2026 results: revenue approximately $4.6 billion, EPS $0.73-$0.77. Guidance initiated.
- Period
- second-quarter 2026
- Revenue
- approximately $4.6 billion
- EPS
- $0.73-$0.77
- Guidance
- initiated
- Result
- guidance update
Exact text from the filing
For the second quarter, management expects to grow core sales about 14% year over year to approximately $4.6 billion and core EPS about 25% year over year to a range of $0.73-$0.77.
View on SEC.gov
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