Form 8-K · Current report
Corning Inc. 8-K, filed Oct 27, 2026
- Filed
- CIK
- 0000024741
- Accession no.
- 0000024741-26-000273
Summary
Its third-quarter 2026 results, Corning Inc. reported core sales rose 19% year over year to $5.08 billion and core EPS rose 36% to $0.91, beating its guidance, with Optical Communications sales up 44% including a doubling of Gen AI product sales; management guided fourth-quarter core sales to $5.2–$5.3 billion and core EPS to $0.96–$1.00, and said the company secured four long-term, multibillion-dollar customer agreements including with Verizon and AT&T.
Key points
- Corning's third-quarter GAAP sales were $4.86 billion, up 18% year over year, with GAAP EPS of $0.78; core gross margin expanded to 40.5% and core operating margin to 22.7%.
- Solar segment sales rose 37% year over year to $436 million, though production ramped more slowly than anticipated, and the segment posted a $7 million net loss.
- Corning revised its segment reporting in the first quarter of 2026, creating a Glass Innovations segment from its former Display and Specialty Materials segments and a Solar segment including Hemlock Semiconductor Group.
- Chairman and CEO Wendell P. Weeks said the results and outlook show the acceleration of growth outlined in the company's "20-30-40" Springboard Plan has begun.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 9.01Financial Statements and Exhibits
From the filing
Item 2.02. Results of Operations and Financial Condition The Corning Incorporated press release dated October 27, 2026 regarding its financial results for the third-quarter ended September 30, 2026 is attached hereto as Exhibit 99. In accordance with General Instruction B.2 of Form 8-K, the information in this Current Report on Form 8-K, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act…
An excerpt of the text as filed with the SEC, cut for length.
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