SuperworthCorning profit margin GLW
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 11.2%
- Operating margin, 12 months
- 15.3%
- Net margin on a year earlier
- +5.4 pts
- Peer median
- 11.8%
Over the twelve months to Jun 30, 2026, Corning kept 11.2% of its revenue as net profit, with an operating margin of 15.3% and a gross margin of 36.4%.
Five years earlier its net margin was 13.1%.
The median for 10 electronic components stocks of a similar size is 11.8%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 10.2% | 14.6% | 36.0% |
| FY2024 | 3.9% | 8.7% | 32.6% |
| FY2023 | 4.6% | 7.1% | 31.2% |
| FY2022 | 9.3% | 10.1% | 31.8% |
| FY2021 | 13.5% | 15.0% | 36.0% |
| FY2020 | 4.5% | 4.5% | 31.2% |
| FY2019 | 8.3% | 11.4% | 35.1% |
| FY2018 | 9.4% | 14.0% | 39.5% |
| FY2017 | −4.9% | 15.9% | 39.7% |
| FY2016 | 39.4% | 14.8% | 39.9% |
| FY2015 | 14.7% | 14.5% | 40.1% |
| FY2014 | 25.4% | 19.9% | 41.7% |
| FY2013 | 25.1% | 17.5% | 42.5% |
| FY2012 | 20.4% | 14.7% | 41.4% |
| FY2011 | 35.6% | 21.5% | 45.2% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 11.2% | +5.4 pts | 15.3% | |
| Q1 FY26 | 11.1% | +7.8 pts | 15.2% | |
| Q4 FY25 | 10.2% | +6.4 pts | 14.6% | |
| Q3 FY25 | 9.2% | +7.9 pts | 13.4% | |
| Q2 FY25 | 5.8% | +2.2 pts | 12.1% | |
| Q1 FY25 | 3.3% | −1.6 pts | 9.8% | |
| Q4 FY24 | 3.9% | −0.8 pts | 8.7% | |
| Q3 FY24 | 1.2% | −3.3 pts | 6.5% | |
| Q2 FY24 | 3.5% | −1.2 pts | 6.1% | |
| Q1 FY24 | 5.0% | −1.7 pts | 6.8% | |
| Q4 FY23 | 4.6% | −4.7 pts | 7.1% | |
| Q3 FY23 | 4.5% | −8.2 pts | 6.9% |
Against its peers
Companies in Hardware, Equipment & Parts nearest Corning's size, closest first, today.
| Company | Profit margin |
|---|---|
| GLWCorning | 11.2% |
| APHAmphenol | 17.7% |
| GRMNGarmin | 24.5% |
| KEYSKeysight Technologies | 19.1% |
| COHRCoherent | 11.3% |
| CLSCelestica | 7.2% |
| TDYTeledyne Technologies | 15.3% |
| JBLJabil | 2.6% |
| FLEXFlex | 3.3% |
| FTVFortive | 12.4% |
| MKSIMKS | 10.1% |
| Peer median | 11.8% |
Where Corning ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Corning
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.