Q4 25 EPS
$0.72
BEAT +1.41%
Est. $0.71
Q4 25 Revenue
$4.41B
MISS 10.70%
Est. $4.94B
vs S&P Since Q4 25
+63.2%
BEATING MARKET
GLW +69.4% vs S&P +6.3%
Full Year 2025 Results
FY 25 EPS
$2.52
MISS 0.05%
Est. $2.52
FY 25 Revenue
$16.41B
BEAT +0.33%
Est. $16.35B
Market Reaction
Did GLW Beat Earnings? Q4 2025 Results
Corning closed out fiscal 2025 with a mixed but broadly encouraging quarter, posting Q4 core earnings per share of $0.72 against a consensus estimate of $0.71, a beat of 1.41%, while revenue of $4.41 billion fell short of the $4.94 billion analyst ta… Read more Corning closed out fiscal 2025 with a mixed but broadly encouraging quarter, posting Q4 core earnings per share of $0.72 against a consensus estimate of $0.71, a beat of 1.41%, while revenue of $4.41 billion fell short of the $4.94 billion analyst target despite climbing 20.4% year over year. The shortfall on the top line was tempered by the underlying strength of Corning's Optical Communications segment, which generated $1.70 billion in Q4 net sales, up 24% year over year, as relentless demand from data center buildouts and enterprise connectivity continued to reshape the company's earnings mix. Core operating margin expanded to 20.2% in the quarter, up 390 basis points over two years, underscoring the improving profitability profile that has drawn substantial institutional interest in the stock. A landmark multiyear agreement with Meta, valued at up to $6.00 billion, reinforced Corning's role as a key supplier of AI infrastructure. Looking ahead, management guided Q1 2026 core sales of $4.20 billion to $4.30 billion, representing approximately 15% year-over-year growth, with core EPS of $0.66 to $0.70.
Key Takeaways
- • Strong Optical Communications growth driven by data center and enterprise connectivity demand
- • Core operating margin expanded 390 bps to 20.2% from Q4 2023 to Q4 2025
- • Core ROIC expanded 540 bps to 14.2% from Q4 2023 to Q4 2025
- • Hemlock and Emerging Growth Businesses Q4 revenue surged 62% YoY
- • Adjusted free cash flow nearly doubled to $1.72 billion for FY 2025 vs FY 2023
- • Core EPS grew twice as fast as core sales in 2025, and adjusted free cash flow grew three times as fast
GLW YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
GLW Revenue by Segment
With YoY comparisons, source: SEC Filings
“Since the launch of Springboard two years ago, we have transformed Corning's financial profile: From Q4-2023 to Q4-2025, we expanded core operating margin by 390 basis points to 20.2%, and expanded core ROIC 540 basis points to 14.2%, while nearly doubling adjusted free cash flow to $1.72 billion for full-year 2025. We now have a highly profitable launch point for future growth.”
— Wendell P. Weeks, Q4 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% |