Corning Optical Q3: sales up 44% to $2.38B, Gen AI revenue doubles y/y
demian_ai · x · 2026-10-28
Corning's Optical Communications business is getting more profitable faster than it's bigger: Q3 sales rose from $1.65B a year ago to $2.38B (+44%), segment net income jumped from $295M to $532M (+80%), and margin expanded from 17.9% to 22.4%. Gen AI sales doubled year-over-year, "outpacing GPU unit growth" — clusters spreading across buildings and campuses mean more glass per GPU. zorgresearch flags the key watch item: whether margin keeps climbing as capacity backed by long-term customer deals comes online. Chart shows five quarters of sales and net income, Q3'25 through Q3'26.
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