Corning Incorporated (GLW) balance sheet
NYSE · Technology · Hardware, Equipment & Parts · 67,200 employees · CEO Wendell Weeks
- Price
- $123.31 -4.32%
- Market cap
- $106B
- Enterprise value
- $112B
- Last report
- Q3 '26 filed 2026-10-29
- Next report
- 2027-01-27
At the end of Q3 '26 Corning Incorporated (GLW) held $2.54B in cash and short-term investments against $8.2B of debt incl. leases. Total assets $34.1B, total liabilities $19.8B, shareholders' equity $13.7B.
Balance sheet
| Balance sheet | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||
| Cash & equivalents | $1.78B | $1.37B | $1.42B | $1.61B | $1.77B | $1.36B | $1.49B | $1.65B | $1.53B | $1.76B | $2.5B | $2.54B | |
| Receivables | $1.57B | $1.62B | $1.72B | $1.99B | $2.05B | $2.05B | $2.3B | $2.51B | $2.78B | $2.68B | $2.93B | $3.1B | |
| Inventory | $2.67B | $2.71B | $2.68B | $2.79B | $2.72B | $2.9B | $3.08B | $3.1B | $3.08B | $3.28B | $3.43B | $3.65B | |
| Other current assets | $1.2B | $1.27B | $1.3B | $1.28B | $1.45B | $1.34B | $1.32B | $1.42B | $1.55B | $1.82B | $2.06B | $2.06B | |
| Current assets | $7.21B | $6.97B | $7.12B | $7.68B | $7.99B | $7.64B | $8.2B | $8.68B | $8.94B | $9.53B | $10.9B | $11.3B | |
| Property, plant & equipment (net) | $15.5B | $14.2B | $13.7B | $14.1B | $14.2B | $13.4B | $13.9B | $14.4B | $15.7B | $14.8B | $14.9B | $15.5B | |
| Long-term investments | $414M | $104M | $87M | $260M | $394M | $239M | $330M | $292M | $1.03B | $0 | $10M | $0 | |
| Goodwill | $2.38B | $2.37B | $2.37B | $2.39B | $2.36B | $2.37B | $2.49B | $2.49B | $2.49B | $2.48B | $2.48B | $2.48B | |
| Intangible assets | $905M | $871M | $836M | $814M | $752M | $732M | $711M | $684M | $657M | $632M | $610M | $587M | |
| Deferred tax assets | $1.15B | $1.13B | $1.13B | $1.21B | $1.13B | $1.18B | $1.19B | $1.3B | $1.52B | $1.57B | $1.61B | $1.62B | |
| Other non-current assets | $923M | $1.97B | $1.89B | $1.91B | $949M | $1.87B | $1.95B | $2.08B | $662M | $2.26B | $2.41B | $2.58B | |
| Non-current assets | $21.3B | $20.6B | $20.1B | $20.6B | $19.7B | $19.8B | $20.5B | $21.2B | $22B | $21.7B | $22B | $22.8B | |
| Total assets | $28.5B | $27.6B | $27.2B | $28.3B | $27.7B | $27.4B | $28.7B | $29.9B | $31B | $31.3B | $33B | $34.1B | |
| Liabilities | |||||||||||||
| Accounts payable | $1.47B | $1.48B | $1.47B | $1.57B | $1.47B | $1.74B | $1.93B | $2.03B | $1.98B | $2.25B | $2.36B | $2.49B | |
| Accrued expenses | $609M | $430M | $569M | $712M | $883M | $469M | $632M | $753M | $866M | $0 | $691M | $3.16B | |
| Short-term debt | $320M | $318M | $376M | $335M | $326M | $283M | $786M | $812M | $901M | $1.26B | $668M | $933M | |
| Taxes payable | $69M | $116M | $67M | $80M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Deferred revenue | $329M | $352M | $371M | $384M | $317M | $375M | $378M | $392M | $226M | $0 | $465M | $0 | |
| Other current liabilities | $1.41B | $1.38B | $1.32B | $1.47B | $1.72B | $1.46B | $1.31B | $1.41B | $1.56B | $2.41B | $1.42B | $0 | |
| Current liabilities | $4.32B | $4.18B | $4.53B | $4.64B | $4.92B | $4.52B | $5.48B | $5.58B | $5.63B | $5.92B | $6.02B | $6.59B | |
| Long-term debt | $7.21B | $7.05B | $6.91B | $7.07B | $6.89B | $6.95B | $6.71B | $7.41B | $8.48B | $7.72B | $7.76B | $7.27B | |
| Lease obligations (non-current) | $846M | $820M | $821M | $840M | $785M | $826M | $898M | $874M | $846M | $0 | $865M | $0 | |
| Deferred revenue (non-current) | $1.76B | $1.62B | $1.58B | $1.69B | $1.63B | $1.48B | $1.45B | $510M | $549M | $0 | $2.24B | $0 | |
| Deferred tax liabilities | $218M | $193M | $167M | $204M | $137M | $138M | $176M | $164M | $149M | $0 | $113M | $0 | |
| Other non-current liabilities | $2.28B | $2.21B | $2.25B | $2.41B | $2.31B | $2.34B | $2.49B | $3.38B | $3.02B | $5.27B | $2.83B | $5.99B | |
| Non-current liabilities | $12.3B | $11.9B | $11.7B | $12.2B | $11.7B | $11.7B | $11.7B | $12.3B | $13B | $13B | $13.8B | $13.3B | |
| Total liabilities | $16.6B | $16.1B | $16.3B | $16.9B | $16.7B | $16.3B | $17.2B | $17.9B | $18.7B | $18.9B | $19.8B | $19.8B | |
| Equity | |||||||||||||
| Common stock & paid-in capital | $916M | $917M | $919M | $920M | $921M | $922M | $923M | $924M | $924M | $925M | $927M | $927M | |
| Retained earnings | $16.4B | $16.4B | $16B | $15.9B | $15.9B | $15.8B | $15.8B | $16.3B | $16.6B | $16.7B | $16.7B | $17.4B | |
| Accumulated other comprehensive income | -$2.05B | -$2.38B | -$2.59B | -$2.01B | -$2.54B | -$2.36B | -$1.93B | -$2.02B | -$2.11B | -$2.29B | -$2.32B | -$1.93B | |
| Shareholders' equity | $11.6B | $11.2B | $10.6B | $11.1B | $10.7B | $10.7B | $11.1B | $11.5B | $11.8B | $11.8B | $12.6B | $13.7B | |
| Debt | |||||||||||||
| Total debt (incl. leases) | $8.48B | $8.29B | $8.2B | $8.34B | $8.09B | $8.15B | $8.5B | $9.19B | $10.2B | $8.97B | $9.38B | $8.2B | |
| Net debt (debt - cash) | $6.71B | $6.93B | $6.78B | $6.73B | $6.32B | $6.79B | $7.01B | $7.54B | $8.7B | $7.22B | $6.88B | $5.66B | |
| Balance sheet | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & equivalents | $5.29B | $4.32B | $2.36B | $2.43B | $2.67B | $2.15B | $1.67B | $1.78B | $1.77B | $1.53B | |
| Receivables | $1.48B | $1.81B | $1.94B | $1.84B | $2.13B | $2B | $1.72B | $1.57B | $2.05B | $2.78B | |
| Inventory | $1.47B | $1.71B | $2.04B | $2.32B | $2.44B | $2.48B | $2.9B | $2.67B | $2.72B | $3.08B | |
| Other current assets | $805M | $991M | $702M | $873M | $761M | $1.03B | $1.16B | $1.2B | $1.45B | $1.55B | |
| Current assets | $9.05B | $8.83B | $7.03B | $7.46B | $8B | $7.66B | $7.45B | $7.21B | $7.99B | $8.94B | |
| Property, plant & equipment (net) | $12.5B | $14B | $14.9B | $15.3B | $16.4B | $16.5B | $16.2B | $15.5B | $14.2B | $15.7B | |
| Long-term investments | $336M | $340M | $376M | $334M | $435M | $318M | $360M | $414M | $394M | $1.03B | |
| Goodwill | $1.58B | $1.69B | $1.94B | $1.94B | $2.46B | $2.42B | $2.39B | $2.38B | $2.36B | $2.49B | |
| Intangible assets | $796M | $869M | $1.29B | $1.19B | $1.31B | $1.15B | $1.03B | $905M | $752M | $657M | |
| Deferred tax assets | $2.45B | $798M | $951M | $1.16B | $1.12B | $1.07B | $1.07B | $1.15B | $1.13B | $1.52B | |
| Other non-current assets | $1.27B | $934M | $1.02B | $983M | $1.03B | $997M | $977M | $923M | $949M | $662M | |
| Non-current assets | $18.9B | $18.7B | $20.5B | $21.4B | $22.8B | $22.5B | $22B | $21.3B | $19.7B | $22B | |
| Total assets | $27.9B | $27.5B | $27.5B | $28.9B | $30.8B | $30.2B | $29.5B | $28.5B | $27.7B | $31B | |
| Liabilities | |||||||||||
| Accounts payable | $1.08B | $1.44B | $1.46B | $1.59B | $1.17B | $1.61B | $1.8B | $1.47B | $1.47B | $1.98B | |
| Accrued expenses | $487M | $620M | $642M | $565M | $572M | $824M | $727M | $609M | $883M | $866M | |
| Short-term debt | $256M | $379M | $4M | $2M | $146M | $55M | $224M | $320M | $326M | $901M | |
| Taxes payable | $150M | $148M | $169M | $182M | $173M | $196M | $127M | $69M | $0 | $0 | |
| Deferred revenue | $0 | $0 | $54M | $104M | $363M | $371M | $276M | $329M | $317M | $226M | |
| Other current liabilities | $779M | $623M | $986M | $1.01B | $1.23B | $1.65B | $1.91B | $1.41B | $1.72B | $1.56B | |
| Current liabilities | $2.75B | $3.21B | $3.31B | $3.52B | $3.77B | $4.81B | $5.18B | $4.32B | $4.92B | $5.63B | |
| Long-term debt | $3.65B | $4.75B | $5.99B | $7.46B | $7.65B | $6.99B | $6.69B | $7.21B | $6.89B | $8.48B | |
| Lease obligations (non-current) | $0 | $0 | $0 | $721M | $796M | $691M | $795M | $846M | $785M | $846M | |
| Deferred revenue (non-current) | $382M | $382M | $922M | $927M | $2.02B | $1.84B | $1.86B | $1.76B | $1.63B | $549M | |
| Deferred tax liabilities | $0 | $451M | $347M | $325M | $313M | $258M | $243M | $218M | $137M | $149M | |
| Other non-current liabilities | $3.16B | $2.93B | $3.05B | $2.95B | $2.78B | $3.03B | $2.46B | $2.28B | $2.31B | $3.02B | |
| Non-current liabilities | $7.19B | $8.52B | $10.3B | $12.4B | $13.6B | $12.8B | $12B | $12.3B | $11.7B | $13B | |
| Total liabilities | $9.94B | $11.7B | $13.6B | $15.9B | $17.3B | $17.6B | $17.2B | $16.6B | $16.7B | $18.7B | |
| Equity | |||||||||||
| Common stock & paid-in capital | $846M | $854M | $857M | $859M | $863M | $907M | $910M | $916M | $921M | $924M | |
| Retained earnings | $16.9B | $16B | $16.3B | $16.4B | $16.1B | $16.4B | $16.8B | $16.4B | $15.9B | $16.6B | |
| Accumulated other comprehensive income | -$1.68B | -$816M | -$1.01B | -$1.17B | -$740M | -$1.18B | -$1.83B | -$2.05B | -$2.54B | -$2.11B | |
| Shareholders' equity | $17.9B | $15.7B | $13.8B | $12.9B | $13.3B | $12.3B | $12B | $11.6B | $10.7B | $11.8B | |
| Debt | |||||||||||
| Total debt (incl. leases) | $3.9B | $5.13B | $6B | $8.25B | $8.7B | $7.83B | $7.82B | $8.48B | $8.09B | $10.2B | |
| Net debt (debt - cash) | -$1.39B | $811M | $3.64B | $5.82B | $6.03B | $5.68B | $6.15B | $6.71B | $6.32B | $8.7B | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-01