Corning Q1 2026 core EPS rises 30% to $0.70 as core sales grow 18%
Corning reported first-quarter 2026 GAAP sales of $4.14 billion, up 20% from a year earlier, and GAAP diluted EPS of $0.43, up 139%. Core sales rose 18% to $4.35 billion and core EPS rose 30% to $0.70, led by Optical Communications and the Solar segment. For the second quarter, the company expects core EPS of $0.73 to $0.77, a figure that includes $30 million of added expense from an extended maintenance shutdown at its solar wafer facility.
Key points
- GAAP net income attributable to Corning was $371 million, up 136% from $157 million a year earlier.
- Optical Communications sales rose 36% to $1,846 million, and Solar sales rose 80% to $370 million.
- Two additional hyperscale customers signed large, long-term agreements similar in size and duration to the multiyear, up-to-$6 billion agreement with Meta.
- Second-quarter outlook: core sales growth of about 14% to approximately $4.6 billion and core EPS of $0.73 to $0.77.
The filing
Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 28, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.