Q1 25 EPS
$0.54
BEAT +5.43%
Est. $0.51
Q1 25 Revenue
$3.45B
MISS 4.91%
Est. $3.63B
vs S&P Since Q1 25
+266.0%
BEATING MARKET
GLW +299.1% vs S&P +33.1%
Market Reaction
Did GLW Beat Earnings? Q1 2025 Results
Corning turned in a mixed but broadly encouraging first quarter for 2025, beating on earnings while falling short on revenue, with the deeper story pointing firmly toward momentum in artificial intelligence infrastructure. The specialty glass and fib… Read more Corning turned in a mixed but broadly encouraging first quarter for 2025, beating on earnings while falling short on revenue, with the deeper story pointing firmly toward momentum in artificial intelligence infrastructure. The specialty glass and fiber optics maker posted core EPS of $0.54, clearing the $0.51 consensus estimate by 5.43%, even as revenue of $3.45 billion came in 4.91% below expectations, though that top line still represented a robust 16.0% increase year over year. The headline driver was a stunning 106% surge in Enterprise sales within Optical Communications, where customers rapidly adopting Corning's AI-optimized data center connectivity products pushed total segment revenue up 46% to $1.35 billion. Core operating margin expanded 250 basis points to 18%, underscoring the operating leverage embedded in the growth mix. Looking ahead, management guided Q2 core sales to approximately $3.85 billion with core EPS of $0.55 to $0.59, and the company's recently expanded $1.5 billion solar manufacturing facility in Michigan signals further confidence in its domestic production ramp for the remainder of the year.
Key Takeaways
- • Enterprise business within Optical Communications up 106% YoY on Gen AI product adoption
- • Core EPS grew 42% YoY, three times faster than core sales growth of 13%
- • Core operating margin expanded 250 basis points YoY to 18%
- • Core ROIC improved 300 basis points YoY to 11.6%
- • Strong demand for premium glass for mobile devices drove Specialty Materials up 10% YoY
- • Display price increases and volume gains drove 4% YoY growth
GLW YoY Financials
Q1 2025 vs Q1 2024, source: SEC Filings
GLW Revenue by Segment
With YoY comparisons, source: SEC Filings
“Today, we announced strong first-quarter results that exceeded guidance. Core sales grew 13% year over year and core EPS grew three times faster. In Optical Communications, sales in our Enterprise business were up 106% year over year on continued strong demand for our new products for Gen AI.”
— Wendell P. Weeks, Q1 2025 Earnings Press Release
GLW Earnings Trends
GLW vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
GLW EPS Trend
Earnings per share: estimate vs actual
GLW Revenue Trend
Quarterly revenue: estimate vs actual
GLW Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 | — | $0.70 | — | $4.14B | -3.77% |
| Q4 25 BEAT FY | $0.71 | $0.72 | +1.41% | $4.41B | -10.70% |
| FY Full Year | $2.52 | $2.52 | -0.05% | $16.41B | +0.33% |
| Q3 25 BEAT | $0.66 | $0.67 | +0.80% | $4.10B | -3.20% |
| Q2 25 BEAT | $0.57 | $0.60 | +5.13% | $3.86B | +0.66% |
| Q1 25 BEAT | $0.51 | $0.54 | +5.43% | $3.45B | -4.91% |