Corning Reports Q3 2026 Core EPS $0.91, Beats Prior Guidance Midpoint
FY 2026 Tax Rate was maintained by 0.0 pts to 18.5%. Year-over-year, core sales grew 19% and core EPS grew 36%, while core operating margin expanded 310 basis points to 22.7%. The company also issued Q4 2026 guidance for core sales of $5.2 billion to $5.3 billion and core EPS of $0.96 to $1.00.
Guidance updates
Forward guidance
Key takeaways
Q3 2026 core sales of $5.08B beat prior guidance midpoint of $4.95B by $130M (2.6% above midpoint)
Q3 2026 core EPS of $0.91 beat prior guidance midpoint of $0.87 by $0.04 (4.6% above midpoint)
Optical Communications segment delivered record profitability with $2.38B sales (44% YoY) and $532M net income (80% YoY)
Glass Innovations sales declined 3% YoY to $1.51B due to memory price impacts and weaker yen environment
Solar segment grew 37% YoY to $436M sales but reported $7M net loss as production ramp continues
Q4 2026 guidance: Core sales $5.2B-$5.3B (approximately 19% YoY growth), Core EPS $0.96-$1.00 (approximately 36% YoY growth)
Full-year 2026 guidance maintained: Tax rate ~18.5%, Capital expenditures ~$2B
Key metrics
Primary source
TickerStar generated this brief from an official company, investor-relations, earnings-call, or regulatory source. Review the primary material before making an investment decision.
Open Investor relationsFollow GLW in real time
Get material earnings, filing, IR, and earnings-call alerts by email.