Corning Inc: Form 10-Q for the period ended Jun 30, 2024
Filed with the SEC on Aug 2, 2024 and accepted by EDGAR at Aug 2, 2024, 16:20 ET.
Sections
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Figures reported in this filing
Standardized line items from the XBRL in this filing, for the period ended 2024-06-30. Comparative periods it repeats are left out.
| Line item | Period | Value | XBRL concept |
|---|---|---|---|
| Revenue | 3 months2024-04-01 to 2024-06-30 | $3.25bn | us-gaap:Revenues |
| Revenue | 6 months2024-01-01 to 2024-06-30 | $6.23bn | us-gaap:Revenues |
| Cost of revenue | 3 months2024-04-01 to 2024-06-30 | $2.30bn | us-gaap:CostOfRevenue |
| Cost of revenue | 6 months2024-01-01 to 2024-06-30 | $4.28bn | us-gaap:CostOfRevenue |
| Gross profit | 3 months2024-04-01 to 2024-06-30 | $949.0m | us-gaap:GrossProfit |
| Gross profit | 6 months2024-01-01 to 2024-06-30 | $1.94bn | us-gaap:GrossProfit |
| Selling, general and administrative | 3 months2024-04-01 to 2024-06-30 | $471.0m | us-gaap:SellingGeneralAndAdministrativeExpense |
| Selling, general and administrative | 6 months2024-01-01 to 2024-06-30 | $922.0m | us-gaap:SellingGeneralAndAdministrativeExpense |
| Operating income | 3 months2024-04-01 to 2024-06-30 | $186.0m | us-gaap:OperatingIncomeLoss |
| Operating income | 6 months2024-01-01 to 2024-06-30 | $440.0m | us-gaap:OperatingIncomeLoss |
| Income tax | 3 months2024-04-01 to 2024-06-30 | $50.0m | us-gaap:IncomeTaxExpenseBenefit |
| Income tax | 6 months2024-01-01 to 2024-06-30 | $121.0m | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 3 months2024-04-01 to 2024-06-30 | $104.0m | us-gaap:NetIncomeLoss |
| Net income | 6 months2024-01-01 to 2024-06-30 | $313.0m | us-gaap:NetIncomeLoss |
| Diluted EPS | 3 months2024-04-01 to 2024-06-30 | $0.12 | us-gaap:EarningsPerShareDiluted |
| Diluted EPS | 6 months2024-01-01 to 2024-06-30 | $0.36 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 3 months2024-04-01 to 2024-06-30 | $0.12 | us-gaap:EarningsPerShareBasic |
| Basic EPS | 6 months2024-01-01 to 2024-06-30 | $0.37 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 3 months2024-04-01 to 2024-06-30 | 864,000,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Diluted shares (weighted) | 6 months2024-01-01 to 2024-06-30 | 865,000,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 6 months2024-01-01 to 2024-06-30 | $617.0m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Share repurchases | 6 months2024-01-01 to 2024-06-30 | $105.0m | us-gaap:PaymentsForRepurchaseOfCommonStock |
| Current assets | At period end2024-06-30 | $7.12bn | us-gaap:AssetsCurrent |
| Total assets | At period end2024-06-30 | $27.18bn | us-gaap:Assets |
| Current liabilities | At period end2024-06-30 | $4.53bn | us-gaap:LiabilitiesCurrent |
| Total liabilities | At period end2024-06-30 | $16.25bn | us-gaap:Liabilities |
| Current portion of debt | At period end2024-06-30 | $376.0m | us-gaap:DebtCurrent |
| Shareholders' equity | At period end2024-06-30 | $10.59bn | us-gaap:StockholdersEquity |
Source: SEC EDGAR, the filing index for accession 0001437749-24-024494. Last ingested by Listed: Oct 29, 2026, 10:56 ET. Listed shows no prices and gives no investment advice.