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Corning Incorporated's revenue is $13.1 billion.

What is Corning Incorporated's revenue?

Corning Incorporated's annual revenue is $13.1B. Zippia's data science team found the following key financial metrics about Corning Incorporated after extensive research and analysis.
  • Corning Incorporated's peak quarterly revenue was $3.7B in 2022(q1).
  • Corning Incorporated peak revenue was $14.2B in 2022.
  • Corning Incorporated's revenue growth from 2005 to 2024 is 186.48%.
  • Corning Incorporated has 51,500 employees, and the revenue per employee ratio is $254,718.
  • Corning Incorporated annual revenue for 2023 was 12.6B, -11.28% growth from 2022.
  • Corning Incorporated annual revenue for 2024 was 13.1B, 4.21% growth from 2023.

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Most recent quarter revenue
$3.5B (Q4'2024)
Company most recent quarter revenue
Peak revenue
$14.2B (2022)
Company peak revenue
Revenue / employee
$254,718
Company revenue / employee

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Most recent quarter revenue
$3.5B (Q4'2024)
Company most recent quarter revenue
Peak revenue
$14.2B (2022)
Company peak revenue
Revenue / employee
$254,718
Company revenue / employee

Corning Incorporated historical revenue

Corning Incorporated's peak revenue was $14.2B in 2022. The peak quarterly revenue was $3.7B in 2022(q1).

Corning Incorporated's revenue increased from $4.6b in 2005 to $13.1B currently. That's a 186.48% change in annual revenue.

Corning Incorporated annual revenue

$14B
$11B
$9B
$6B
$3B
$0
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024

Corning Incorporated annual revenue over time

Fiscal year / yearCorning Incorporated revenue
2009$5.4B
2010$6.6B
2011$7.9B
2012$8.0B
2013$7.8B
2014$9.7B
2015$9.1B
2016$9.4B
2017$10.1B
2018$11.3B
2019$11.5B
2020$11.3B
2021$14.1B
2022$14.2B
2023$12.6B
2024$13.1B

How accurately did Corning Incorporated's revenue projections match actual performance?

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Corning Incorporated annual growth

Corning Incorporated saw the greatest revenue growth in 2021, when revenue increased by 24.59%.

Corning Incorporated had the lowest revenue growth in 2009, when revenue changed by -9.3%.

Corning Incorporated annual growth rate over time

YearCorning Incorporated growth
2009
-9%
2010
23%
2011
19%
2012
2%
2013
-2%
2014
24%
2015
-6%
2016
3%
2017
8%
2018
12%
2019
2%
2020
-2%
2021
25%
2022
1%
2023
-11%
2024
4%

Corning Incorporated quarterly revenue over time

  • Q1
  • Q2
  • Q3
  • Q4
$4B
$3B
$2B
$1B
$736M
$0
2020
2021
2022
2023
2024

Corning Incorporated quarterly growth rate over time

YearQ1Q2Q3Q4
2009$989.0M$1.4B$1.5B$1.5B
2010$1.6B$1.7B$1.6B$1.8B
2011$1.9B$2.0B$2.1B$1.9B
2012$1.9B$1.9B$2.0B$2.1B
2013$1.8B$2.0B$2.1B$2.0B
2014$2.3B$2.5B$2.5B$2.4B
2015$2.3B$2.3B$2.3B$2.2B
2016$2.0B$2.4B$2.5B$2.5B
2017$2.4B$2.5B$2.6B$2.6B
2018$2.5B$2.7B$3.0B$3.0B
2019$2.8B$2.9B$2.9B$2.8B
2020$2.4B$2.6B$3.0B$3.4B
2021$3.3B$3.5B$3.6B$3.7B
2022$3.7B$3.6B$3.5B$3.4B
2023$3.2B$3.2B$3.2B$3.0B
2024$3.0B$3.3B$3.4B$3.5B

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Corning Incorporated financial information

CEOWendell P. Weeks
IndustryCapital Goods
Company TypePublic
Employees Number51,500
Date Founded1851
HeadquartersCorning, New York
Number of Locations39
Revenue$13.1B
Net Income$1,316,000,000
Gross Proft$4.3B (2024)
EBITDA$1.1B (2024)
PE Ratio52.34
Tax Rate0.3%
Market Capitalization$26.5B
Total Assets$29,499,000,000
TickerGLW

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Corning Incorporated financing

Corning Incorporated received early financing of $200.0M on 2017-05-12.

SeriesRound sizeDate
Post Ipo Equity$200M05/2017
Post Ipo Equity$250M09/2019
Grant$204M06/2020

Corning Incorporated investors

InvestorsSecurity type
Apple Inc.Post Ipo Equity
Apple Inc.Post Ipo Equity
Biomedical Advanced Research and Development Authority (BARDA)Grant

Corning Incorporated competitors

Corning Incorporated's top competitor, IBM, earned an annual revenue of $62.8B.

Corning Incorporated's smallest competitor is Ardent Technologies with revenue of $1.6M last year.

Corning Incorporated revenue FAQs

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Zippia gives an in-depth look into the details of Corning Incorporated, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Corning Incorporated. The employee data is based on information from people who have self-reported their past or current employments at Corning Incorporated. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Corning Incorporated. The data presented on this page does not represent the view of Corning Incorporated and its employees or that of Zippia.

Corning Incorporated may also be known as or be related to Corning, Corning Inc and Corning Incorporated.