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Side-by-side financial comparison of Aflac (AFL) and Corning Inc. (GLW). Click either name above to swap in a different company.

Aflac is the larger business by last-quarter revenue ($4.3B vs $4.1B, roughly 1.0× Corning Inc.). Aflac runs the higher net margin — 23.4% vs 9.3%, a 14.1% gap on every dollar of revenue. On growth, Aflac posted the faster year-over-year revenue change (27.9% vs 0.0%). Over the past eight quarters, Corning Inc.'s revenue compounded faster (12.9% CAGR vs -8.0%).

Aflac Incorporated is an American insurance company and is the largest provider of supplemental insurance in the United States. It was founded in 1955 and is based in Columbus, Georgia. In the U.S., it underwrites a wide range of insurance policies, but is perhaps more known for its payroll deduction insurance coverage, which pays cash benefits when a policyholder has a covered accident or illness. The company states it "provides financial protection to more than 50 million people worldwide".

Corning Incorporated is an American multinational technology company specializing in glass, ceramics, and related materials and technologies including advanced optics, primarily for industrial and scientific applications. Founded in 1851, the company was called Corning Glass Works for most of its history. Corning was known during the 20th century for its consumer product lines, such as including CorningWare and Visions Pyroceram-based cookware, Corelle Vitrelle tableware, and Pyrex glass bake...

AFL vs GLW — Head-to-Head

Bigger by revenue
AFL
AFL
1.0× larger
AFL
$4.3B
$4.1B
GLW
Growing faster (revenue YoY)
AFL
AFL
+27.9% gap
AFL
27.9%
0.0%
GLW
Higher net margin
AFL
AFL
14.1% more per $
AFL
23.4%
9.3%
GLW
Faster 2-yr revenue CAGR
GLW
GLW
Annualised
GLW
12.9%
-8.0%
AFL

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
AFL
AFL
GLW
GLW
Revenue
$4.3B
$4.1B
Net Profit
$1.0B
$387.0M
Gross Margin
36.9%
Operating Margin
15.4%
Net Margin
23.4%
9.3%
Revenue YoY
27.9%
0.0%
Net Profit YoY
-60.0%
EPS (diluted)
$1.98
$0.43

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AFL
AFL
GLW
GLW
Q1 26
$4.3B
$4.1B
Q4 25
$4.9B
$4.2B
Q3 25
$4.7B
$4.1B
Q2 25
$4.2B
$3.9B
Q1 25
$3.4B
$3.5B
Q4 24
$5.4B
$3.5B
Q3 24
$2.9B
$3.4B
Q2 24
$5.1B
$3.3B
Net Profit
AFL
AFL
GLW
GLW
Q1 26
$1.0B
$387.0M
Q4 25
$1.4B
$540.0M
Q3 25
$1.6B
$430.0M
Q2 25
$599.0M
$469.0M
Q1 25
$29.0M
$157.0M
Q4 24
$1.9B
$310.0M
Q3 24
$-93.0M
$-117.0M
Q2 24
$1.8B
$104.0M
Gross Margin
AFL
AFL
GLW
GLW
Q1 26
36.9%
Q4 25
35.5%
Q3 25
37.1%
Q2 25
36.0%
Q1 25
35.2%
Q4 24
34.2%
Q3 24
33.5%
Q2 24
29.2%
Operating Margin
AFL
AFL
GLW
GLW
Q1 26
15.4%
Q4 25
32.3%
15.9%
Q3 25
42.1%
14.4%
Q2 25
19.8%
14.8%
Q1 25
4.3%
12.9%
Q4 24
39.5%
11.2%
Q3 24
3.1%
8.9%
Q2 24
39.3%
5.7%
Net Margin
AFL
AFL
GLW
GLW
Q1 26
23.4%
9.3%
Q4 25
28.3%
12.8%
Q3 25
34.6%
10.5%
Q2 25
14.4%
12.1%
Q1 25
0.9%
4.5%
Q4 24
35.2%
8.9%
Q3 24
-3.2%
-3.5%
Q2 24
34.2%
3.2%
EPS (diluted)
AFL
AFL
GLW
GLW
Q1 26
$1.98
$0.43
Q4 25
$2.58
$0.61
Q3 25
$3.08
$0.50
Q2 25
$1.11
$0.54
Q1 25
$0.05
$0.18
Q4 24
$3.45
$0.36
Q3 24
$-0.17
$-0.14
Q2 24
$3.10
$0.12

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AFL
AFL
GLW
GLW
Cash + ST InvestmentsLiquidity on hand
$5.1B
$1.8M
Total DebtLower is stronger
$7.7M
Stockholders' EquityBook value
$30.0B
$12.3M
Total Assets
$116.3B
$31.3M
Debt / EquityLower = less leverage
0.62×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AFL
AFL
GLW
GLW
Q1 26
$5.1B
$1.8M
Q4 25
$6.2B
$1.5B
Q3 25
$6.8B
Q2 25
$7.0B
Q1 25
$5.2B
Q4 24
$6.2B
$1.8B
Q3 24
$5.6B
Q2 24
$6.1B
Total Debt
AFL
AFL
GLW
GLW
Q1 26
$7.7M
Q4 25
$7.6B
Q3 25
$7.4B
Q2 25
$6.7B
Q1 25
$7.0B
Q4 24
$6.9B
Q3 24
$7.1B
Q2 24
$6.9B
Stockholders' Equity
AFL
AFL
GLW
GLW
Q1 26
$30.0B
$12.3M
Q4 25
$29.5B
$11.8B
Q3 25
$28.7B
$11.5B
Q2 25
$27.2B
$11.1B
Q1 25
$26.3B
$10.7B
Q4 24
$26.1B
$10.7B
Q3 24
$24.8B
$11.1B
Q2 24
$26.0B
$10.6B
Total Assets
AFL
AFL
GLW
GLW
Q1 26
$116.3B
$31.3M
Q4 25
$116.5B
$31.0B
Q3 25
$122.3B
$29.9B
Q2 25
$124.7B
$28.7B
Q1 25
$120.3B
$27.4B
Q4 24
$117.6B
$27.7B
Q3 24
$128.4B
$28.3B
Q2 24
$120.2B
$27.2B
Debt / Equity
AFL
AFL
GLW
GLW
Q1 26
0.62×
Q4 25
0.65×
Q3 25
0.64×
Q2 25
0.60×
Q1 25
0.65×
Q4 24
0.64×
Q3 24
0.64×
Q2 24
0.65×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AFL
AFL
GLW
GLW
Operating Cash FlowLast quarter
$362.0M
Free Cash FlowOCF − Capex
$188.0M
FCF MarginFCF / Revenue
4.5%
Capex IntensityCapex / Revenue
8.0%
Cash ConversionOCF / Net Profit
0.94×
TTM Free Cash FlowTrailing 4 quarters
$1.7B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AFL
AFL
GLW
GLW
Q1 26
$362.0M
Q4 25
$315.0M
$1.1B
Q3 25
$1.3B
$784.0M
Q2 25
$399.0M
$708.0M
Q1 25
$589.0M
$151.0M
Q4 24
$333.0M
$623.0M
Q3 24
$1.3B
$699.0M
Q2 24
$255.0M
$521.0M
Free Cash Flow
AFL
AFL
GLW
GLW
Q1 26
$188.0M
Q4 25
$620.0M
Q3 25
$450.0M
Q2 25
$400.0M
Q1 25
$-57.0M
Q4 24
$369.0M
Q3 24
$482.0M
Q2 24
$279.0M
FCF Margin
AFL
AFL
GLW
GLW
Q1 26
4.5%
Q4 25
14.7%
Q3 25
11.0%
Q2 25
10.4%
Q1 25
-1.7%
Q4 24
10.5%
Q3 24
14.2%
Q2 24
8.6%
Capex Intensity
AFL
AFL
GLW
GLW
Q1 26
8.0%
Q4 25
10.2%
Q3 25
8.1%
Q2 25
8.0%
Q1 25
6.0%
Q4 24
7.3%
Q3 24
6.4%
Q2 24
7.4%
Cash Conversion
AFL
AFL
GLW
GLW
Q1 26
0.94×
Q4 25
0.23×
1.95×
Q3 25
0.76×
1.82×
Q2 25
0.67×
1.51×
Q1 25
20.31×
0.96×
Q4 24
0.18×
2.01×
Q3 24
Q2 24
0.15×
5.01×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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