Q3 25 EPS
$0.67
BEAT +0.80%
Est. $0.66
Q3 25 Revenue
$4.10B
MISS 3.20%
Est. $4.24B
vs S&P Since Q3 25
+123.2%
BEATING MARKET
GLW +133.4% vs S&P +10.2%
Market Reaction
Did GLW Beat Earnings? Q3 2025 Results
Corning posted a record-setting third quarter that told two stories at once: earnings came in ahead of expectations while revenue fell short of Wall Street's target. The specialty glass maker earned $0.67 per share, edging past the $0.66 consensus by… Read more Corning posted a record-setting third quarter that told two stories at once: earnings came in ahead of expectations while revenue fell short of Wall Street's target. The specialty glass maker earned $0.67 per share, edging past the $0.66 consensus by 0.80%, as GAAP sales reached $4.10 billion, up 20.9% year over year but 3.20% below analyst estimates. The standout driver was Optical Communications, where enterprise sales surged 58% on robust demand for generative AI products, lifting the segment's net income 69% to $295 million and anchoring the broader Springboard strategic plan that has added $4 billion to annualized sales since inception. Core operating margin expanded to 19.6%, and the company now expects to hit its 20% Springboard margin target in Q4, a full year ahead of schedule, with guidance calling for core sales of approximately $4.35 billion and core EPS of $0.68 to $0.72. Apple's $2.50 billion commitment to source all iPhone and Apple Watch cover glass from Corning's Kentucky facility extends the growth runway well into 2026, even as semiconductor packaging peers have faced their own post-earnings turbulence.
Key Takeaways
- • Optical Communications Enterprise sales grew 58% YoY driven by Gen AI product adoption
- • Core operating margin expanded 130 basis points to 19.6%
- • Core EPS grew 24% YoY while core sales grew 14% YoY
- • Springboard plan added $4 billion to annualized sales run rate
- • Core ROIC improved 160 basis points to 13.4%
- • Hemlock and Emerging Growth Businesses surged 46% YoY on solar wafer demand
GLW YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
GLW Revenue by Segment
With YoY comparisons, source: SEC Filings
“We delivered another excellent quarter. Year over year, core sales grew 14% to $4.27 billion, and core EPS grew 24% to $0.67. Overall, as we approach the second anniversary of Springboard, the plan has been a tremendous success. We have added $4 billion to our annualized sales run rate, and we have significantly improved our profitability – with an expected operating margin of 20% in the fourth quarter, a year ahead of plan.”
— Wendell P. Weeks, Q3 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% |