CORNING INC /NY Income Tax Expense 2007-2026 | GLW
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What is income tax expense?
Income tax expense is the total amount of income taxes a company owes to federal, state, and foreign governments.
What is CORNING INC /NY's current income tax expense?
CORNING INC /NY (GLW) annual income tax expense for 2025 was $310.0M, a 40.27% increase from 2024. CORNING INC /NY income tax expense for the quarter ending March 31, 2026 was $121.0M.
What was CORNING INC /NY's income tax expense in 2024?
CORNING INC /NY annual income tax expense for 2024 was $221.0M, a 31.55% increase from 2023.
What was CORNING INC /NY's income tax expense in 2023?
CORNING INC /NY annual income tax expense for 2023 was $168.0M, a 59.12% decline from 2022.
What is CORNING INC /NY's 5-year income tax expense CAGR?
CORNING INC /NY income tax expense grew at a compound annual growth rate (CAGR) of 22.80% from FY2020 to FY2025, going from $111.0M to $310.0M over 5 years.
Income Tax Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Growing
CAGR+22.8%
FY2020
$111.0M
→
FY2025
$310.0M
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5 years selected
Income Tax Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $310.0M | +40.3% | 10-K |
| FY2024 | $221.0M | +31.5% | 10-K |
| FY2023 | $168.0M | -59.1% | 10-K |
| FY2022 | $411.0M | -16.3% | 10-K |
| FY2021 | $491.0M | +342.3% | 10-K |
| FY2020 | $111.0M | -56.6% | 10-K |
| FY2019 | $256.0M | -41.4% | 10-K |
| FY2018 | $437.0M | -79.7% | 10-K |
| FY2017 | $2.15B | +71900.0% | 10-K |
| FY2016 | $-3.0M | -102.0% | 10-K |
| FY2015 | $147.0M | -86.6% | 10-K |
| FY2014 | $1.10B | +114.1% | 10-K |
| FY2013 | $512.0M | +51.0% | 10-K |
| FY2012 | $339.0M | -18.1% | 10-K |
| FY2011 | $414.0M | +44.3% | 10-K |
| FY2010 | $287.0M | +487.8% | 10-K |
| FY2009 | $-74.0M | +96.9% | 10-K |
| FY2008 | $-2.38B | -2062.8% | 10-K |
| FY2007 | $121.0M | - | 10-K |
Company: CORNING INC /NYTicker: GLWSector: OtherIndustry: Drawing & Insulating of Nonferrous WireView company profile →