Corning (GLW) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Aug 04, 2026

TBA (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

0.75

Last Year’s EPS

0.6

Same Quarter Last Year

Analyst Consensus

Moderate Buy

Based on 11 Analysts Ratings

Earnings Call Summary

Q1 2026

Earnings Call Date:Apr 28, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call was decidedly positive: Corning reported strong top-line and EPS growth, margin expansion, robust optical communications momentum with major hyperscaler deals, rapid solar sales growth and meaningful progress on its Springboard plan. These achievements outweigh notable near-term operational challenges — principally a delayed solar wafer ramp and temporary expense hits tied to transitioning utilities and equipment upgrades. Management expects these to be transitory and is upgrading long-term plans, signaling confidence in profitable growth ahead.

Company Guidance

Corning guided Q2 sales to grow about 14% year‑over‑year to roughly $4.6 billion and EPS to rise about 25% year‑over‑year to $0.73–$0.77, a forecast that already includes an incremental $30 million of expense vs. Q1 related to an extended solar wafer maintenance shutdown (management said the aggregate Q2 EPS impact is roughly $0.07 and Q1 carried about a $0.04 EPS drag from the solar wafer ramp); they reiterated full‑year expectations for significantly higher free cash flow year‑over‑year while investing in growth (CapEx was previously guided ~ $1.7 billion and could be a bit above that), noted polysilicon exceeded the 20% corporate operating‑margin target in Q1 and modules are on track to cross the 20% target in Q2, and said they will upgrade and extend the Springboard plan (previously an $11 billion incremental sales upgrade through 2028, including $6.5 billion by 2026) at the May 6 investor event.

Strong Revenue and EPS Growth

Consolidated sales grew 18% year-over-year to $4.35 billion and core EPS grew 30% to $0.70, marking Corning's eighth consecutive quarter of year-over-year sales growth and coming in at the high end of guidance.

Margin Expansion and Improved Returns

Operating margin expanded 220 basis points to 20.2%, gross margin expanded 120 basis points to 39.1%, and ROIC improved 190 basis points to 13.5%, reflecting improved profitability and capital efficiency.

Optical Communications Momentum and Large Customer Deals

Optical Communications sales rose 36% year-over-year to $1.8 billion; segment net income increased 93% to $387 million. Company announced a multiyear up-to-$6 billion agreement with Meta and two additional large long-term agreements with hyperscalers, supporting strong enterprise and carrier demand (both up 36%).

Rapid Solar Sales Growth and Strategic Buildout

Solar sales increased 80% year-over-year to $370 million. Corning converted a prior minority polysilicon position into a materially larger business (described as nearly $1 billion in revenue activity), with polysilicon operations performing above the corporate 20% operating margin target. Corning also brought module manufacturing online and built the largest U.S. solar ingot/wafer facility in 18 months.

Cash Generation and Financial Position

Generated robust free cash flow of $188 million in the quarter; maintain a strong balance sheet with long debt tenor (average debt maturity ~20 years). Company reiterated commitment to returning excess cash via share buybacks and a strong dividend.

Material Progress on Springboard Plan

Since the Q4 2023 Springboard baseline, Corning grew sales 33%, EPS 79%, expanded operating margin by 390 basis points and ROIC by 470 basis points. Management plans an upgraded and extended Springboard through 2030 and will raise sales plans for Solar and Optical at the upcoming investor event.

Glass Innovations and Product Leadership

New Glass Innovations segment produced $1.4 billion in sales (up 1% YoY) and $324 million in net income (22.8% net income margin). Launched Corning Gorilla Glass Ceramic 3 and highlighted ongoing demand resilience for premium Gorilla Glass products.

Corning (GLW) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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GLW Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 04, 2026	2026 (Q2)	0.75 / -	0.6	―	―	―
Apr 28, 2026	2026 (Q1)	0.69 / 0.70	0.54	29.63% (+0.16)
Feb 03, 2026	2026 (Q4)	0.70 / -	0.72	―	―	―
Jan 28, 2026	2025 (Q4)	0.71 / 0.72	0.57	26.32% (+0.15)
Oct 28, 2025	2025 (Q3)	0.67 / 0.67	0.54	24.07% (+0.13)
Jul 29, 2025	2025 (Q2)	0.57 / 0.60	0.47	27.66% (+0.13)
Apr 29, 2025	2025 (Q1)	0.51 / 0.54	0.38	42.11% (+0.16)
Jan 29, 2025	2024 (Q4)	0.56 / 0.57	0.39	46.15% (+0.18)
Oct 29, 2024	2024 (Q3)	0.53 / 0.54	0.45	20.00% (+0.09)
Jul 30, 2024	2024 (Q2)	0.46 / 0.47	0.45	4.44% (+0.02)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GLW Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Apr 28, 2026	$168.01	$153.05	-8.90%
Feb 03, 2026	$110.15	$112.58	+2.20%
Jan 28, 2026	$109.53	$104.08	-4.98%
Oct 28, 2025	$88.90	$85.97	-3.29%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.