CORNING INC /NY (GLW) closed fiscal year 2025 with a gross margin of 36.0 % and a net margin of 10.2 %.
CORNING INC /NY (GLW) closed fiscal year 2025 with a gross margin of 36.0 % and a net margin of 10.2 %. The same year shows an EBITDA margin of 23.2 % and an EBIT margin of 14.6 %. The free cash flow margin was 9.0 %. Against the previous year the gross margin moved +3.4 pp and the net margin +6.4 pp. Across the period the gross margin ranges between 31.2 % in 2023 and 46.9 % in 2007. The series covers 19 fiscal years, from 2007 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 46.91 % | 46.03 % | 38.80 % | 45.97 % | 45.32 % | 41.43 % | 42.51 % | 41.71 % | 40.09 % | 40.07 % | 39.74 % | 39.51 % | 35.08 % | 31.24 % | 35.95 % | 31.76 % | 31.23 % | 32.60 % | 35.97 % |
| EBITDA margin (%) | 28.81 % | 37.24 % | 21.93 % | 40.03 % | 33.83 % | 27.16 % | 30.35 % | 32.23 % | 27.51 % | 27.89 % | 27.34 % | 25.40 % | 24.42 % | 17.95 % | 25.51 % | 20.37 % | 17.95 % | 18.94 % | 23.20 % |
| EBIT margin (%) | 18.45 % | 25.55 % | 7.25 % | 27.16 % | 21.70 % | 14.72 % | 17.53 % | 19.88 % | 14.51 % | 15.17 % | 15.90 % | 13.95 % | 11.35 % | 4.50 % | 15.00 % | 10.13 % | 7.07 % | 8.65 % | 14.58 % |
| Net margin (%) | 36.69 % | 88.38 % | 37.22 % | 53.65 % | 35.70 % | 20.42 % | 25.08 % | 25.45 % | 14.70 % | 39.35 % | -4.91 % | 9.44 % | 8.35 % | 4.53 % | 13.54 % | 9.27 % | 4.62 % | 3.86 % | 10.21 % |
| FCF margin (%) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 7.13 % | 4.89 % | 7.42 % | 9.04 % |