Last quarter (Q4 2023), Corning's total revenue was $2.99B, a decrease of -12.10% from the same quarter last year. In Q4, Corning's net income was $-40.00M. See Corning’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Total Revenue	$ 12.59B	$ 12.59B	$ 14.19B	$ 14.08B	$ 11.30B	$ 11.50B
Cost of Revenue	$ 4.31B	$ 8.66B	$ 9.68B	$ 9.02B	$ 7.77B	$ 7.47B
Gross Profit	$ 3.93B	$ 3.93B	$ 4.51B	$ 5.06B	$ 3.53B	$ 4.04B
Operating Expense	$ 11.38B	$ 9.55B	$ 3.07B	$ 2.95B	$ 3.02B	$ 2.73B
Operating Income	$ 6.67B	$ 890.00M	$ 1.44B	$ 2.11B	$ 509.00M	$ 1.31B
Net Non Operating Interest Income Expense	$ -291.00M	$ -291.00M	$ -277.00M	$ -289.00M	$ -261.00M	$ -200.00M
Other Income Expense	$ -2.23B	$ -56.00M	$ -285.00M	$ -603.00M	$ 375.00M	$ 110.00M
Pretax Income	$ 816.00M	$ 816.00M	$ 1.80B	$ 2.43B	$ 623.00M	$ 1.22B
Tax Provision	$ 168.00M	$ 168.00M	$ 411.00M	$ 491.00M	$ 111.00M	$ 256.00M
Earnings From Equity Interest Net Of Tax	-	-	-	$ 35.00M	-	-
Net Income Common Stockholders	$ 6.36B	$ 581.00M	$ 1.32B	$ 1.08B	$ 414.00M	$ 862.00M
Basic EPS	$ 0.68	$ 0.69	$ 1.56	$ 1.30	$ 0.54	$ 1.11
Diluted EPS	$ 0.67	$ 0.68	$ 1.54	$ 1.28	$ 0.54	$ 1.07
Basic Average Shares	$ 3.39B	$ 848.00M	$ 843.00M	$ 828.00M	$ 761.00M	$ 776.00M
Diluted Average Shares	$ 3.44B	$ 859.00M	$ 857.00M	$ 844.00M	$ 772.00M	$ 899.00M
Dividend Per Share	$ 1.12	$ 1.12	$ 1.08	$ 0.96	$ 0.88	$ 0.80
Total Operating Income As Reported	-	-	-	-	-	-
Reported Normalized Basic E P S	-	-	-	-	$ 1.50	$ 1.91
Reported Normalized Diluted E P S	-	-	-	-	$ 1.39	$ 1.76
Rent Expense Supplemental	-	-	-	-	-	-
Total Expenses	$ 15.69B	$ 18.20B	$ 12.75B	$ 11.97B	$ 10.79B	$ 10.20B
Net Income From Continuing And Discontinued Operation	$ 596.00M	$ 581.00M	$ 1.32B	$ 1.91B	$ 512.00M	$ 960.00M
Normalized Income	$ 917.54M	$ 1.12B	-	-	$ 133.88M	$ 764.21M
Interest Expense	-	-	-	-	$ 276.00M	$ 221.00M
EBIT	$ 714.00M	$ 871.00M	$ 1.80B	$ 2.10B	$ 899.00M	$ 1.44B
EBITDA	$ 2.08B	$ 2.24B	$ 3.25B	$ 3.58B	$ 2.42B	$ 2.94B

Currency in USD

Corning Earnings and Revenue History

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