GLW Q2 FY2026 earnings: EPS beat by 3.3%, revenue beat by 2.3%
CORNING INC /NY reported Q2 FY2026. EPS came in at $0.78 against a $0.76 consensus, beat by 3.3%. Revenue was $4.7B versus $4.6B expected, beat by 2.3%. Gross margin was 36.1%, down 80 bps from last quarter.
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The quarter in numbers
| Metric | Actual | Consensus | Surprise |
|---|---|---|---|
| EPS | $0.78 | $0.76 | beat by 3.3% |
| Revenue | $4.7B | $4.6B | beat by 2.3% |
| Line | This quarter | QoQ | YoY |
|---|---|---|---|
| Revenue | $4.5B | +8.7% | +16.6% |
| Gross profit | $1.6B | +6.5% | +17.0% |
| Operating income | $698.0M | +9.2% | +21.8% |
| Net income | $559.0M | +50.7% | +19.2% |
| Diluted EPS | $0.63 | +46.5% | +16.7% |
| Gross margin: 36.1%. |
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The trend
Revenue is up 16.6% from the same quarter last year. Gross margin sits at 36.1%, 100 bps off its 8-quarter high.
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How it stacks up
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