Corning Incorporated (GLW) Earnings Call Transcripts
Corning Incorporated's Latest Earnings Call - September 9, 2026
In the third quarter of fiscal 2026, Corning Incorporated (GLW:US) reported strong performance, driven by a significant multiyear deal with Verizon for a long-haul network, which management described as a 'multibillion-dollar deal.' Revenue is expected to reach a $20 billion run rate a quarter earlier than previously anticipated, with management indicating high teens year-on-year growth rates. The company maintained its guidance for the fourth quarter, projecting sequential growth and confidence in reaching their long-term financial targets, although no updates were provided for the $30 billion and $40 billion targets for 2028 and 2030, respectively.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $20B (beat) |
| EPS Growth | Faster than sales growth (positive) |
| Solar Sales Growth | 90% (positive) |
| Operating Margin | Above 20% (positive) |
| Fiber Production Increase | 50% (positive) |
| Connectivity Capacity Increase | 10x (positive) |
Guidance from management
Management expects sequential growth into Q4 and maintains a high teens year-on-year growth rate. They did not raise long-term revenue targets but expressed confidence in achieving them sooner due to strong demand.
What analysts pressed on
Analysts raised concerns about potential supply chain issues and the risk of oversupply in the fiber market due to increased capacity from competitors. There were also questions regarding the sustainability of AI demand and how Corning plans to manage capital intensity during its growth phase.
Main topics on the call
- Verizon Deal — Corning announced a significant multiyear agreement with Verizon to support their long-haul network, which management highlighted as a 'great relationship' that underpins their growth strategy. This deal is expected to a...
- Revenue Guidance — Management indicated that they expect to achieve a $20 billion run rate in Q3, a quarter earlier than planned, and noted that the third quarter is running at the high end of their previous sales guidance. They anticipate...
- Springboard Plan — While management did not raise the long-term targets of $30 billion by 2028 and $40 billion by 2030, they expressed confidence in achieving these goals sooner due to strong demand and strategic partnerships. They emphasi...
- Optical Demand — Management reported strong demand in the optical segment, particularly in data centers and AI applications, stating that 'orders continue to pick up' and visibility into future demand remains robust. They expect this mom...
Read the full Corning Incorporated transcript (September 9, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Corning Incorporated
Corning Incorporated (GLW) is a publicly listed company in the Electronic Equipment, Instruments and Components industry, within the Information Technology sector. It trades on NYSE and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 70 calls on record spanning January 29, 2020 to September 9, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 70 Corning Incorporated earnings call transcripts on record, spanning January 29, 2020 to September 9, 2026. Based on this history, Corning Incorporated reports quarterly. The most recent call on file is dated September 9, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- GLW
- Exchange
- NYSE
- Country
- US
- Sector
- Information Technology
- Calls on record
- 70
- First call
- January 29, 2020
- Most recent
- September 9, 2026
- Reporting cadence
- quarterly