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Corning Incorporated (NYSE: GLW)

Electronic Components Β· Corning, NY, United States Β· Founded 1851

$35.0B
Market Cap
$15.63B
Revenue
61,000
Employees
$1.6B
Net Income
πŸ“Š Key Statistics for Corning Incorporated (GLW)
  • Market capitalization: $35.0 billion
  • Annual revenue: $15.63 billion
  • Net income: $1.6 billion
  • Employees: 61,000
  • Sector: Technology
  • Headquarters: Corning, United States
  • Founded: 1851

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πŸ“‹ About Corning Incorporated

Corning Incorporated is a specialty glass and ceramics manufacturer with leadership positions in optical fiber, display glass, and specialty materials. The company invented the glass used in Thomas Edison's light bulb and today produces the Gorilla Glass found on billions of smartphones. Corning's optical fiber business is the backbone of global telecommunications infrastructure, and its Valor Glass is transforming pharmaceutical packaging.

πŸ’° How Corning Incorporated Makes Money

Corning earns revenue from the sale of optical fiber and cable, display glass substrates for LCD panels, specialty glass for smartphones and automotive, environmental technologies for emissions control, and life sciences labware. The company's materials science expertise creates high barriers to entry across its markets.

πŸ“œ Key Milestones

Founded in 1851 in Corning, New York, the company has reinvented itself multiple times across 170+ years. Corning invented the first low-loss optical fiber in 1970, enabling the modern internet. The development of Gorilla Glass, originally based on a 1960s project called "Project Muscle," was revived at Steve Jobs' request for the original iPhone in 2007.

πŸ“Š Financial Overview
Market Capitalization$35.0B
Annual Revenue$15.63B
Net Income$1.6B
Profit Margin10%
Revenue per Employee$256230K
Stock ExchangeNYSE
Ticker SymbolGLW

Financial data is approximate and based on most recent annual filings.

πŸ’‘ Did You Know?

Steve Jobs personally called Corning's CEO to demand a glass tough enough for the iPhoneβ€”Corning delivered Gorilla Glass in six months by reviving a shelved 1960s formula. Corning's optical fiber carries an estimated 80% of the world's telecommunications data.

πŸ“ Analyst Take

Corning is a materials science treasure with exposure to AI-driven fiber demand, next-gen displays, and pharmaceutical innovation. The stock has been a frustrating underperformer, but the AI data center buildout could finally unlock the optical fiber growth investors have been waiting for.

❓ Frequently Asked Questions

What is Corning Incorporated's revenue?

Corning Incorporated generates approximately $15.63 billion in annual revenue.

How many employees does Corning Incorporated have?

Corning Incorporated employs approximately 61,000 people worldwide.

What is Corning Incorporated's market cap?

Corning Incorporated (GLW) has a market capitalization of approximately $35.0 billion on the NYSE.

When was Corning Incorporated founded?

Corning Incorporated was founded in 1851 and is headquartered in Corning, NY, United States.

Who is the CEO of Corning Incorporated?

Wendell Weeks is the current CEO of Corning Incorporated.

What is Corning Incorporated's website?

Corning Incorporated's official website is corning.com.