CORNING INC /NY FY 2025 10-K, explained in plain English

Key financials — as reported

Total revenue	$15.6B
Gross margin	36.0%
Operating income	$2.3B
Net income	$1.6B
Diluted EPS	$1.83
Cash & equivalents	$1.5B
Total assets	$31.0B
Long-term debt	$7.6B

Key takeaway

Corning reported $15.63 billion in revenue and $1.60 billion in net income for fiscal 2025, with diluted EPS of $1.83.

🔒 4 more takeaways in the full analysis

Beneath the surface

Cash and equivalents of $1.53 billion against total debt of roughly $8.43 billion (current $804M plus long-term $7.63B) implies a net debt position of about $6.9 billion, a more leveraged picture than the headline cash figure alone suggests.

🔒 3 more insights a headline reader would miss