Corning Balance Sheet
NYSE: GLWIndustrialsTelecommunications EquipmentUSD
At close: Oct 9, 4:03 PM ET · Delayed 15 min
Corning financial position
At the end of fiscal 2025, Corning reported total assets of $30.98 billion, up 11.7% from a year earlier against total liabilities of $18.67 billion. Shareholders' equity stood at $11.81 billion, or 38.1% of assets. The company held $1.53 billion in cash and equivalents against $8.43 billion of debt, a net debt position of $6.91 billion.
The current ratio (current assets divided by current liabilities) was 1.59, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.71.
Summary generated from market data by MetaCap's automated system. Methodology
Corning balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.53B | 1.77B | 1.78B | 1.67B | 2.15B | 2.67B | 2.43B | 2.35B | 4.32B | 5.29B |
| Short-Term Investments | — | — | — | — | — | — | — | — | — | 0 |
| Receivables | 2.78B | 2.05B | 1.57B | 1.72B | 2.00B | 2.13B | 1.84B | 1.94B | 1.81B | 1.48B |
| Inventory | 3.08B | 2.72B | 2.67B | 2.90B | 2.48B | 2.48B | 2.32B | 2.04B | 1.71B | 1.47B |
| Total Current Assets | 8.94B | 7.99B | 7.21B | 7.45B | 7.66B | 8.00B | 7.46B | 7.03B | 8.83B | 9.05B |
| Property, Plant & Equipment | 14.82B | 13.36B | 14.63B | 15.37B | 15.80B | 15.74B | 15.34B | 14.89B | 14.02B | 12.55B |
| Goodwill | 2.49B | 2.36B | 2.38B | 2.39B | 2.42B | 2.46B | 1.94B | 1.94B | 1.69B | 1.58B |
| Intangible Assets | 657.00M | 752.00M | 905.00M | 1.03B | 1.15B | 1.31B | 1.19B | 1.29B | 869.00M | 796.00M |
| Long-Term Investments | — | — | — | — | 328.00M | 435.00M | — | 16.00M | — | — |
| Total Assets | 30.98B | 27.73B | 28.50B | 29.50B | 30.15B | 30.77B | 28.90B | 27.50B | 27.49B | 27.90B |
| Accounts Payable | 1.98B | 1.47B | 1.47B | 1.80B | 1.61B | 1.17B | 1.59B | 1.46B | 1.44B | 1.08B |
| Short-Term Debt | 804.00M | 326.00M | 320.00M | 224.00M | 55.00M | 156.00M | 11.00M | 4.00M | 379.00M | 256.00M |
| Total Current Liabilities | 5.63B | 4.92B | 4.32B | 5.17B | 4.81B | 3.77B | 3.52B | 3.31B | 3.21B | 2.75B |
| Long-Term Debt | 7.63B | 6.88B | 7.21B | 6.69B | 6.99B | 7.82B | 7.73B | 5.99B | 4.75B | 3.65B |
| Total Liabilities | 18.67B | 16.66B | 16.63B | 17.22B | 17.61B | 17.33B | 15.90B | 13.62B | 11.72B | 9.94B |
| Shareholders' Equity | 11.81B | 10.69B | 11.55B | 12.01B | 12.33B | 13.26B | 12.91B | 13.79B | 15.70B | 17.89B |
| Retained Earnings | 16.55B | 15.93B | 16.39B | 16.78B | 16.39B | 16.12B | 16.41B | 16.30B | 15.93B | 16.88B |
| Total Debt | 8.43B | 7.21B | 7.53B | 6.91B | 7.04B | 7.97B | 7.74B | 6.00B | 5.13B | 3.90B |
| Net Cash (Debt) | -6.91B | -5.44B | -5.75B | -5.24B | -4.90B | -5.30B | -5.31B | -3.64B | -811.00M | 1.39B |
This table shows 10 annual periods of Corning's balance sheet, from FY 2025 back to FY 2016, across 19 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow GLW's reporting calendar. What is a balance sheet?