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Corning recently announced financial results for the second quarter of 2026, achieving core sales of US$4.74 billion; core operating margin of 20.9%; and earnings per share increased 30% year over year. During the reporting period, sales of the optical communications business increased 32% year over year, reaching US$2.07 billion. Among them, sales in the enterprise network business increased by 65%, and sales of products related to generative artificial intelligence increased strongly. The company's cooperation agreement with Amazon and Nvidia will provide Amazon with optical fiber, optical cable and connection solution support, and plans to increase the manufacturing capacity of US optical connectivity products by 10 times and increase the US optical fiber production capacity by more than 50% to meet the continuous growth demand driven by artificial intelligence factory construction. The company expects annualized sales to reach 20 billion US dollars by the end of this year, and reach 30 billion US dollars and 40 billion US dollars by the end of 2028 and 2030, respectively.
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Corning recently announced financial results for the second quarter of 2026, achieving core sales of US$4.74 billion; core operating margin of 20.9%; and earnings per share increased 30% year over year. During the reporting period, sales of the optical communications business increased 32% year over year, reaching US$2.07 billion. Among them, sales in the enterprise network business increased by 65%, and sales of products related to generative artificial intelligence increased strongly. The company's cooperation agreement with Amazon and Nvidia will provide Amazon with optical fiber, optical cable and connection solution support, and plans to increase the manufacturing capacity of US optical connectivity products by 10 times and increase the US optical fiber production capacity by more than 50% to meet the continuous growth demand driven by artificial intelligence factory construction. The company expects annualized sales to reach 20 billion US dollars by the end of this year, and reach 30 billion US dollars and 40 billion US dollars by the end of 2028 and 2030, respectively.
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