Wendell P. Weeks
Chairman and Chief Executive Officer
Replay available
Corning Incorporated (GLW) Q4 2025 Earnings Call
Corning Incorporated (NYSE: GLW) Q4 2025 earnings conference call, held 2026-01-28. Replay captured from the company's public earnings webcast.
Hosted by
Featured presenters
Ann Nicholson
Head of Investor Relations
Ramzi Mohan
Analyst, Bank of America
Josh Spector
Analyst, UBS
Meta Marshall
Analyst, Morgan Stanley
George Notter
Analyst, Wolfe Research
Stephen Fox
Analyst, Fox Advisors
Isha Merchant
Analyst, Citi
Investor webinar replay
Watch the replay and follow the connected company analysis, news, and investor updates for Corning Incorporated.
Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:02.354 we have transformed 00:00:02.354 -- 00:00:04.637 the financial profile 00:00:04.637 -- 00:00:06.540 of our company. 00:00:06.540 -- 00:00:11.046 We expanded operating margin by 390 basis points to 20.2%. 00:00:11.046 -- 00:00:15.689 We grew EPS 85% to 72 00:00:16.013 -- 00:00:20.175 cents and we expanded ROIC 540 00:00:20.258 -- 00:00:23.961 basis points to 14%. 00:00:24.664 -- 00:00:29.770 We also nearly doubled free cash flow in 2025 to 00:00:29.770 -- 00:00:31.633 $1.72 00:00:31.633 -- 00:00:34.298 billion from $880 00:00:34.298 -- 00:00:36.659 million in 2023. 00:00:38.546 -- 00:00:40.089 In total, 00:00:40.089 -- 00:00:45.279 we now have a highly profitable launch point for future 00:00:45.279 -- 00:00:50.528 growth. And excitingly, we have even stronger long-term growth 00:00:50.528 -- 00:00:52.124 ahead. 00:00:52.124 -- 00:00:57.550 Today, we are upgrading our original springboard plan to now add $11 00:00:57.550 -- 00:01:03.396 billion in incremental annualized sales by the end of 2028, 00:01:03.396 -- 00:01:07.578 up from our original $8 billion. 00:01:07.620 -- 00:01:12.125 So we feel great about our position entering 2026. 00:01:12.125 -- 00:01:17.490 In quarter one, we expect year-over-year growth to accelerate 00:01:17.490 -- 00:01:22.093 with core sales up approximately 15%. 00:01:22.263 -- 00:01:26.127 to a range of $4.2 to $4.3 00:01:26.127 -- 00:01:28.708 billion. Looking 00:01:29.230 -- 00:01:31.310 at 2026, 00:01:31.312 -- 00:01:36.117 our internal springboard plan now adds $6.5 00:01:36.117 -- 00:01:41.243 billion in incremental annualized sales by the end of the year up 00:01:41.243 -- 00:01:44.566 from our previous $6 billion plan. 00:01:44.566 -- 00:01:49.950 And our high-confidence springboard plan now adds ...