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Corning vs Optical Cable: revenue, profit, margins and growth compared

Corning brought in $15.6B of revenue in fiscal 2025, Optical Cable $73M in fiscal 2025. Revenue changed by +19.1% at Corning and +9.5% at Optical Cable on the year before, so Corning grew faster. Corning kept 10.2% of its revenue as net profit, Optical Cable -2.0%. Free cash flow was $1.4B at Corning and $1.1M at Optical Cable.

Side by side, latest fiscal year

GLWOCC
Fiscal year endedFY2025 (December 31, 2025)FY2025 (October 31, 2025)
Revenue$15.6B$73M
Revenue growth+19.1%+9.5%
Net income$1.6B-$1.5M
Net margin10.2%-2.0%
Free cash flow$1.4B$1.1M
Free cash flow margin9.0%1.5%
Earnings per share (diluted)$1.83-$0.18
Cash$1.5B$237.5K
Debt$8.4Bn/a
Price to earnings85.7n/a
Market value$135B$128.3M
Dividend yield0.71%n/a
Rank by revenue in sector#40 of 451 · Industrials#390 of 451 · Industrials

Over the years

Revenue
GLW FY2018: $11.3BGLW FY2019: $11.5BGLW FY2020: $11.3BGLW FY2021: $14.1BGLW FY2022: $14.2BGLW FY2023: $12.6BGLW FY2024: $13.1BGLW FY2025: $15.6BOCC FY2018: $87.8MOCC FY2019: $71.3MOCC FY2020: $55.3MOCC FY2021: $59.1MOCC FY2022: $69.1MOCC FY2023: $72.2MOCC FY2024: $66.7MOCC FY2025: $73MFY18FY19FY20FY21FY22FY23FY24FY25
GLW $15.6BOCC $73M
Net income
GLW FY2018: $1.1BGLW FY2019: $960MGLW FY2020: $512MGLW FY2021: $1.9BGLW FY2022: $1.3BGLW FY2023: $581MGLW FY2024: $506MGLW FY2025: $1.6BOCC FY2018: $1.1MOCC FY2019: -$5.7MOCC FY2020: -$6.1MOCC FY2021: $6.6MOCC FY2022: -$347.1KOCC FY2023: $2.1MOCC FY2024: -$4.2MOCC FY2025: -$1.5MFY18FY19FY20FY21FY22FY23FY24FY25
GLW $1.6BOCC -$1.5M
Net margin
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%OCC FY2018: 1.2%OCC FY2019: -7.9%OCC FY2020: -11.1%OCC FY2021: 11.2%OCC FY2022: -0.5%OCC FY2023: 2.9%OCC FY2024: -6.3%OCC FY2025: -2.0%FY18FY19FY20FY21FY22FY23FY24FY25
GLW 10.2%OCC -2.0%
Revenue growth
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%OCC FY2019: -18.8%OCC FY2020: -22.5%OCC FY2021: +7.0%OCC FY2022: +16.8%OCC FY2023: +4.5%OCC FY2024: -7.6%OCC FY2025: +9.5%FY19FY20FY21FY22FY23FY24FY25
GLW +19.1%OCC +9.5%
Free cash flow
GLW FY2018: $677MGLW FY2019: $53MGLW FY2020: $803MGLW FY2021: $1.8BGLW FY2022: $1BGLW FY2023: $615MGLW FY2024: $974MGLW FY2025: $1.4BOCC FY2018: $2.5MOCC FY2019: -$771.4KOCC FY2020: -$3.7MOCC FY2021: $2MOCC FY2022: -$1.9MOCC FY2023: -$916.5KOCC FY2024: -$1.2MOCC FY2025: $1.1MFY18FY19FY20FY21FY22FY23FY24FY25
GLW $1.4BOCC $1.1M

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

Questions about Corning and Optical Cable

Which is bigger by revenue, Corning or Optical Cable?

Corning is bigger by revenue: $15.6B in fiscal 2025, against $73M for Optical Cable in fiscal 2025.

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

Corning had a net margin of 10.2% in fiscal 2025; Optical Cable had -2.0% in fiscal 2025.

Which grew revenue faster, Corning or Optical Cable?

In their latest fiscal years revenue changed by +19.1% at Corning and +9.5% at Optical Cable.

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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