Corning Incorporated (GLW) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 362M | 1.05B | 784M | 708M | 151M | 623M | 699M | 521M | 96M | 713M | 722M | 619M | -49M | 617M | 706M | 758M | 534M | 1.02B | 895M | 771M |
| Operating CF Margin % | 8.74% | 24.96% | 19.12% | 18.33% | 4.37% | 17.79% | 20.61% | 16.03% | 3.23% | 23.81% | 22.75% | 19.09% | -1.54% | 18.12% | 20.24% | 20.97% | 14.51% | 27.83% | 24.76% | 22.02% |
| Operating CF Growth % | 139.74% | 68.86% | 12.16% | 35.89% | 57.29% | -12.62% | -3.19% | -15.83% | 295.92% | 15.56% | 2.27% | -18.34% | -109.18% | -39.69% | -21.12% | -1.69% | -26.14% | 32.17% | 47.2% | 40.18% |
| Net Income | 408M | 540M | 470M | 469M | 185M | 340M | -95M | 104M | 209M | -28M | 182M | 303M | 191M | -27M | 226M | 584M | 581M | 487M | 371M | 449M |
| Depreciation & Amortization | 357M | 351M | 337M | 340M | 319M | 335M | 339M | 335M | 337M | 345M | 340M | 343M | 341M | 346M | 358M | 375M | 373M | 379M | 371M | 369M |
| Stock-Based Compensation | 115M | 70M | 99M | 63M | 54M | 71M | 76M | 66M | 60M | 50M | 57M | 59M | 52M | 30M | 52M | 51M | 42M | 73M | 39M | 44M |
| Deferred Taxes | -62M | -206M | -110M | 11M | -50M | 18M | -52M | -9M | 10M | -112M | 47M | 28M | -38M | -104M | -14M | 48M | 24M | -33M | 12M | -65M |
| Other Non-Cash Items | 10M | -115M | 73M | -68M | 107M | -11M | 330M | 106M | -145M | 261M | -70M | -74M | -130M | 183M | 142M | -221M | -296M | -209M | 77M | 102M |
| Working Capital Changes | -466M | 412M | -85M | -107M | -464M | -130M | 101M | -81M | -375M | 197M | 166M | -40M | -465M | 189M | -58M | -79M | -190M | 326M | 25M | -128M |
| Change in Receivables | 12M | -320M | -226M | -213M | 10M | -224M | -209M | -123M | -161M | 187M | -73M | -36M | -28M | -48M | 106M | 48M | 7M | 92M | -97M | -158M |
| Change in Inventory | -232M | 23M | -28M | -108M | -146M | -37M | -63M | -10M | -61M | 26M | 73M | 41M | 17M | 115M | -201M | -277M | -159M | -31M | -90M | -26M |
| Change in Payables | -80M | 180M | 450M | 194M | -253M | 204M | 318M | 21M | -73M | 25M | 173M | -67M | -369M | 324M | -184M | 132M | 238M | 279M | 269M | 183M |
| Cash from Investing | -203M | -478M | -299M | -301M | -165M | -207M | -199M | -154M | -184M | -230M | -255M | -287M | -228M | -386M | -402M | -289M | -278M | -616M | -388M | -127M |
| Capital Expenditures | -332M | -432M | -334M | -308M | -208M | -254M | -217M | -242M | -252M | -279M | -341M | -388M | -382M | -403M | -465M | -353M | -383M | -623M | -401M | -324M |
| CapEx % of Revenue | 8.01% | 10.25% | 8.15% | 7.98% | 6.03% | 7.26% | 6.4% | 7.44% | 8.47% | 9.32% | 10.75% | 11.96% | 12.02% | 11.83% | 13.33% | 9.76% | 10.41% | 16.95% | 11.09% | 9.25% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 296M | 0 | 0 | 67M | -29M | -1M | -1M | 74M | -2M | 2M | 165M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 129M | -46M | -50M | 7M | 43M | 47M | 186M | 14M | -26M | -286M | -7M | 5M | 73M | 4M | -9M | -21M | -9M | -31M | -6M | -308M |
| Cash from Financing | 59M | -652M | -324M | -293M | -403M | -220M | -332M | -304M | -308M | -363M | -356M | 84M | -248M | -219M | -252M | -803M | -375M | -462M | -601M | -1.2B |
| Debt Issued (Net) | 414M | -395M | -36M | 53M | -47M | -13M | -212M | -5M | -37M | -102M | -47M | -4M | -69M | 90M | 9M | 0 | 0 | -141M | 0 | 0 |
| Equity Issued (Net) | 14M | -5M | -25M | -33M | -129M | -35M | -48M | -129M | -34M | -3M | -4M | -83M | -16M | -3M | -22M | -94M | -149M | -256M | -23M | -56M |
| Dividends Paid | -244M | -255M | -241M | -261M | -242M | -249M | -242M | -252M | -243M | -248M | -246M | -256M | -239M | -236M | -234M | -234M | -228M | -212M | -217M | -234M |
| Share Repurchases | 0 | -5M | -25M | -33M | -129M | -35M | -48M | -129M | -34M | -3M | -4M | -83M | -16M | -3M | -22M | -94M | -149M | -256M | -23M | -56M |
| Other Financing | -125M | 3M | -22M | -52M | 15M | 77M | 170M | 82M | 6M | -10M | -59M | 427M | 76M | -70M | -5M | -475M | 2M | 147M | -361M | -909M |
| Net Change in Cash | 213M | -82M | 157M | 132M | -409M | 155M | 194M | 54M | -414M | 140M | 101M | 392M | -525M | 41M | 1M | -387M | -132M | -64M | -108M | -548M |
| Free Cash Flow | 30M | 620M | 450M | 400M | -57M | 369M | 482M | 279M | -156M | 434M | 381M | 231M | -431M | 214M | 241M | 405M | 151M | 400M | 494M | 447M |
| FCF Margin % | 0.72% | 14.71% | 10.98% | 10.36% | -1.65% | 10.54% | 14.21% | 8.58% | -5.24% | 14.5% | 12.01% | 7.12% | -13.56% | 6.28% | 6.91% | 11.2% | 4.1% | 10.88% | 13.67% | 12.77% |
| FCF Growth % | 152.63% | 68.02% | -6.64% | 43.37% | 63.46% | -14.98% | 26.51% | 20.78% | 63.81% | 102.8% | 58.09% | -42.96% | -385.43% | -46.5% | -51.21% | -9.4% | -65.21% | 4.44% | 8.57% | 70.61% |
| FCF per Share | 0.03 | 0.72 | 0.52 | 0.46 | -0.07 | 0.43 | 0.56 | 0.32 | -0.18 | 0.51 | 0.44 | 0.27 | -0.50 | 0.25 | 0.28 | 0.47 | 0.18 | 0.46 | 0.57 | 0.53 |
| FCF Conversion (FCF/Net Income) | 0.98x | 1.95x | 1.82x | 1.51x | 0.96x | 2.01x | -5.97x | 5.01x | 0.46x | -17.83x | 4.40x | 2.20x | -0.28x | -17.14x | 3.39x | 1.35x | 0.92x | 2.10x | 2.41x | 1.72x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |