Corning Incorporated is the world leader in specialty glass and ceramics. Drawing on more than 150 years of materials science and process engineering knowledge, Corning creates and makes keystone components that enable high-technology systems for consumer electronics, mobile emissions control, telecommunications and life sciences. 
Company Growth (employees)
Type
Public
HQ
Corning, US
Size (employees)
40,700 (est)
Corning is headquartered in Corning, US

Key People at Corning

Wendell Weeks

Wendell Weeks

Chairman and Chief Executive Officer
James Clappin

James Clappin

President
Martin Curran

Martin Curran

Executive Vice President & Corning Innovation Officer
Lisa Ferrero

Lisa Ferrero

Senior Vice President & Chief Administrative Officer
Clark Kinlin

Clark Kinlin

Executive Vice President, Corning Optical Communications
Eric Musser

Eric Musser

Executive Vice President, Corning Technologies & International
David Morse

David Morse

Executive Vice President & Chief Technology Officer
Jeff Evenson

Jeff Evenson

Senior Vice President & Chief Strategy Officer
Lawrence McRae

Lawrence McRae

Vice Chairman & Corporate Development Officer

Corning Office Locations

Corning has offices in Corning, Horseheads, Painted Post, Canton and in 4 other locations
Corning, US (HQ)
1 Riverfront Plaza
Painted Post, US
Science Center Rd
Painted Post, US
905 Addison Rd
Fairport, US
60 O'Connor Rd
Big Flats, US
County Rd 64
Corning, US
Houghton Cir
Show all (15)

Corning Data and Metrics

Corning Financial Metrics

Corning's revenue was reported to be $2.4 b in Q1, 2017
USD

Revenue (Q1, 2017)

2.4 b

Gross profit (Q1, 2017)

957 m

Gross profit margin (Q1, 2017), %

40%

Net income (Q1, 2017)

86 m

EBIT (Q1, 2017)

424 m

Market capitalization (15-Sep-2017)

30.7 b

Cash (31-Mar-2017)

4.8 b
Corning's current market capitalization is $30.7 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

7.8 b9.7 b9.1 b9.4 b

Revenue growth, %

24%(6%)3%

Cost of goods sold

4.5 b5.7 b5.5 b5.6 b

Gross profit

3.3 b4.1 b3.7 b3.7 b
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

2.3 b2.3 b2 b2.4 b2.5 b2.4 b

Cost of goods sold

1.4 b1.4 b1.3 b1.4 b1.5 b1.4 b

Gross profit

975 m892 m764 m951 m1 b957 m

Gross profit Margin, %

42%39%37%40%42%40%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

4.7 b5.3 b4.5 b5.3 b

Inventories

1.3 b1.3 b1.4 b1.5 b

Current Assets

8.9 b10.2 b8.3 b9 b

Total Assets

28.5 b30.1 b28.5 b27.9 b
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

5 b4.4 b3.5 b7.1 b4.8 b4.8 b

Current Assets

9.9 b9.3 b7.2 b10.7 b8.5 b8.7 b

Total Assets

29.9 b28.9 b27.9 b30.7 b28.8 b28.3 b

Accounts Payable

930 m909 m836 m938 m933 m1 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

2 b2.5 b1.3 b3.7 b

Depreciation and Amortization

64 m

Accounts Receivable

(29 m)(16 m)162 m(106 m)

Inventories

(247 m)2 m(77 m)(68 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

470 m1.5 b407 m903 m1.1 b(368 m)1.8 b2.1 b86 m

Depreciation and Amortization

583 m877 m279 m562 m842 m281 m561 m844 m260 m

Accounts Receivable

(11 m)(63 m)35 m(25 m)52 m21 m(103 m)(184 m)(54 m)

Inventories

13 m27 m(1 m)(54 m)(60 m)(42 m)(66 m)(69 m)(49 m)
Y, 2017

Financial Leverage

1.5 x
Show all financial metrics

Corning Operating Metrics

Corning's Patent Applications was reported to be 10.5 k in FY, 2016, which is a 15% increase from the previous period
FY, 2014FY, 2015FY, 2016

Patent Applications

7 k9.17 k10.5 k

Patents (foreign)

4.7 k4.5 k5.82 k

Patents (US)

3.3 k3.25 k3.84 k
Show all operating metrics

Corning Market Value History

Corning Revenue Breakdown

Corning Job Categories

Corning Median Salaries

Source: 24 public H-1B filings from Corning

Traffic Overview of Corning

Corning Online and Social Media Presence

Corning News and Updates

Part Of Apple's New Billion-Dollar Jobs Fund Will Go To Its Glass Maker, Corning

Apple will invest $200 million in the glass supplier to support US manufacturing jobs. View Entire Post ›

Gorilla Glass maker Corning gets $200 million from Apple’s US manufacturing investment fund

 Apple made news and scored some positive PR earlier this month when the company announced a $1 billion fund aimed at investing in US-based manufacturing. Now it’s ready to announce the first big investment from its Advanced Manufacturing Fund. New York-based Corning Incorporated will be receiving $…

Apple invests $200M in Corning from manufacturing fund to develop new glass for future products

On the heels of its commitment to pump $1 billion into American manufacturing projects, Apple today announced that it had selected long-time partner Corning to receive the first $200 million investment from the new fund. The money comes from Apple’s Advanced Manufacturing Fund that CEO Tim Cook reve…

How Industrial Firms Invest in Renewable Energy, Affordably

Lessons from Owens Corning.

Corning says its Gorilla Glass 5 will protect phones from selfie junkies’ butterfingers

For years, Corning’s toughened glass has graced the screens of more than 4.5 billion devices around the world to protect them from drops and untoward encounters with keys and coins in pockets. The company has now announced that it’s working on Gorilla Glass 5, which it claims can withstand drops fro…

Corning says next Gorilla Glass will be extra drop resistant

Your next smartphone could be a little less likely to break when you drop it. Corning, makers of the Gorilla Glass used in many smartphone displays, introduced the next generation of the material Wednesday at an event at its Palo Alto, California, facility. Gorilla Glass 5, the company says, is…
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Corning Company Life and Culture

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