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Belden vs Corning: revenue, profit, margins and growth compared

Belden brought in $2.7B of revenue in fiscal 2025, Corning $15.6B in fiscal 2025. Revenue changed by +10.3% at Belden and +19.1% at Corning on the year before, so Corning grew faster. Belden kept 8.7% of its revenue as net profit, Corning 10.2%. Free cash flow was $218.7M at Belden and $1.4B at Corning.

Side by side, latest fiscal year

BDCGLW
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$2.7B$15.6B
Revenue growth+10.3%+19.1%
Net income$237.5M$1.6B
Net margin8.7%10.2%
Free cash flow$218.7M$1.4B
Free cash flow margin8.1%9.0%
Earnings per share (diluted)$5.91$1.83
Cash$389.9M$1.5B
Debt$1.3B$8.4B
Price to earnings19.085.7
Market value$4.4B$135B
Dividend yield0.18%0.71%
Rank by revenue in sector#192 of 451 · Industrials#40 of 451 · Industrials

Over the years

Revenue
BDC FY2018: $2.6BBDC FY2019: $2.1BBDC FY2020: $1.8BBDC FY2021: $2.3BBDC FY2022: $2.6BBDC FY2023: $2.5BBDC FY2024: $2.5BBDC FY2025: $2.7BGLW FY2018: $11.3BGLW FY2019: $11.5BGLW FY2020: $11.3BGLW FY2021: $14.1BGLW FY2022: $14.2BGLW FY2023: $12.6BGLW FY2024: $13.1BGLW FY2025: $15.6BFY18FY19FY20FY21FY22FY23FY24FY25
BDC $2.7BGLW $15.6B
Net income
BDC FY2018: $160.9MBDC FY2019: -$377MBDC FY2020: -$55.2MBDC FY2021: $63.9MBDC FY2022: $254.7MBDC FY2023: $242.8MBDC FY2024: $198.4MBDC FY2025: $237.5MGLW FY2018: $1.1BGLW FY2019: $960MGLW FY2020: $512MGLW FY2021: $1.9BGLW FY2022: $1.3BGLW FY2023: $581MGLW FY2024: $506MGLW FY2025: $1.6BFY18FY19FY20FY21FY22FY23FY24FY25
BDC $237.5MGLW $1.6B
Net margin
BDC FY2018: 6.2%BDC FY2019: -17.7%BDC FY2020: -3.1%BDC FY2021: 2.8%BDC FY2022: 9.8%BDC FY2023: 9.7%BDC FY2024: 8.1%BDC FY2025: 8.7%GLW FY2018: 9.4%GLW FY2019: 8.3%GLW FY2020: 4.5%GLW FY2021: 13.5%GLW FY2022: 9.3%GLW FY2023: 4.6%GLW FY2024: 3.9%GLW FY2025: 10.2%FY18FY19FY20FY21FY22FY23FY24FY25
BDC 8.7%GLW 10.2%
Revenue growth
BDC FY2019: -17.6%BDC FY2020: -17.8%BDC FY2021: +31.3%BDC FY2022: +13.3%BDC FY2023: -3.6%BDC FY2024: -2.0%BDC FY2025: +10.3%GLW FY2019: +1.9%GLW FY2020: -1.7%GLW FY2021: +24.6%GLW FY2022: +0.8%GLW FY2023: -11.3%GLW FY2024: +4.2%GLW FY2025: +19.1%FY19FY20FY21FY22FY23FY24FY25
BDC +10.3%GLW +19.1%
Free cash flow
BDC FY2018: $191.4MBDC FY2019: $166.9MBDC FY2020: $83.1MBDC FY2021: $181.1MBDC FY2022: $176.2MBDC FY2023: $202.9MBDC FY2024: $223MBDC FY2025: $218.7MGLW FY2018: $677MGLW FY2019: $53MGLW FY2020: $803MGLW FY2021: $1.8BGLW FY2022: $1BGLW FY2023: $615MGLW FY2024: $974MGLW FY2025: $1.4BFY18FY19FY20FY21FY22FY23FY24FY25
BDC $218.7MGLW $1.4B

Fiscal years as each company reports them; the two may end in different months.

Questions about Belden and Corning

Which is bigger by revenue, Belden or Corning?

Corning is bigger by revenue: $15.6B in fiscal 2025, against $2.7B for Belden in fiscal 2025.

Which keeps more of its revenue as profit, Belden or Corning?

Belden had a net margin of 8.7% in fiscal 2025; Corning had 10.2% in fiscal 2025.

Which grew revenue faster, Belden or Corning?

In their latest fiscal years revenue changed by +10.3% at Belden and +19.1% at Corning.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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