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Side-by-side financial comparison of Amcor (AMCR) and Corning Inc. (GLW). Click either name above to swap in a different company.
Amcor is the larger business by last-quarter revenue ($5.4B vs $4.1B, roughly 1.3× Corning Inc.). Corning Inc. runs the higher net margin — 9.3% vs 3.2%, a 6.1% gap on every dollar of revenue. On growth, Amcor posted the faster year-over-year revenue change (68.1% vs 0.0%). Amcor produced more free cash flow last quarter ($282.0M vs $188.0M). Over the past eight quarters, Amcor's revenue compounded faster (26.4% CAGR vs 12.9%).
Amcor plc develops, produces, and sells packaging products in Europe, North America, Latin America, Africa, and the Asia Pacific regions. The company operates through two segments, Flexibles and Rigid Packaging. The Flexibles segment provides flexible and film packaging products in the food and beverage, medical and pharmaceutical, fresh produce, snack food, personal care, and other industries. The Rigid Packaging segment offers rigid containers for a range of beverage and food products, incl...
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...
AMCR vs GLW — Head-to-Head
Income Statement — Q2 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $5.4B | $4.1B |
| Net Profit | $177.0M | $387.0M |
| Gross Margin | 19.1% | 36.9% |
| Operating Margin | 6.1% | 15.4% |
| Net Margin | 3.2% | 9.3% |
| Revenue YoY | 68.1% | 0.0% |
| Net Profit YoY | 8.6% | -60.0% |
| EPS (diluted) | $0.38 | $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.
| Q1 26 | — | $4.1B | ||
| Q4 25 | $5.4B | $4.2B | ||
| Q3 25 | $5.7B | $4.1B | ||
| Q2 25 | $5.1B | $3.9B | ||
| Q1 25 | $3.3B | $3.5B | ||
| Q4 24 | $3.2B | $3.5B | ||
| Q3 24 | $3.4B | $3.4B | ||
| Q2 24 | $3.5B | $3.3B |
| Q1 26 | — | $387.0M | ||
| Q4 25 | $177.0M | $540.0M | ||
| Q3 25 | $262.0M | $430.0M | ||
| Q2 25 | $-39.0M | $469.0M | ||
| Q1 25 | $196.0M | $157.0M | ||
| Q4 24 | $163.0M | $310.0M | ||
| Q3 24 | $191.0M | $-117.0M | ||
| Q2 24 | $257.0M | $104.0M |
| Q1 26 | — | 36.9% | ||
| Q4 25 | 19.1% | 35.5% | ||
| Q3 25 | 19.6% | 37.1% | ||
| Q2 25 | 17.6% | 36.0% | ||
| Q1 25 | 19.6% | 35.2% | ||
| Q4 24 | 19.3% | 34.2% | ||
| Q3 24 | 19.7% | 33.5% | ||
| Q2 24 | 21.3% | 29.2% |
| Q1 26 | — | 15.4% | ||
| Q4 25 | 6.1% | 15.9% | ||
| Q3 25 | 8.0% | 14.4% | ||
| Q2 25 | 1.7% | 14.8% | ||
| Q1 25 | 9.4% | 12.9% | ||
| Q4 24 | 9.2% | 11.2% | ||
| Q3 24 | 9.3% | 8.9% | ||
| Q2 24 | 11.2% | 5.7% |
| Q1 26 | — | 9.3% | ||
| Q4 25 | 3.2% | 12.8% | ||
| Q3 25 | 4.6% | 10.5% | ||
| Q2 25 | -0.8% | 12.1% | ||
| Q1 25 | 5.9% | 4.5% | ||
| Q4 24 | 5.0% | 8.9% | ||
| Q3 24 | 5.7% | -3.5% | ||
| Q2 24 | 7.3% | 3.2% |
| Q1 26 | — | $0.43 | ||
| Q4 25 | $0.38 | $0.61 | ||
| Q3 25 | $0.11 | $0.50 | ||
| Q2 25 | $-0.06 | $0.54 | ||
| Q1 25 | $0.14 | $0.18 | ||
| Q4 24 | $0.11 | $0.36 | ||
| Q3 24 | $0.13 | $-0.14 | ||
| Q2 24 | $0.18 | $0.12 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.1B | $1.8M |
| Total DebtLower is stronger | $14.6B | $7.7M |
| Stockholders' EquityBook value | $11.6B | $12.3M |
| Total Assets | $37.0B | $31.3M |
| Debt / EquityLower = less leverage | 1.26× | 0.62× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.8M | ||
| Q4 25 | $1.1B | $1.5B | ||
| Q3 25 | $825.0M | — | ||
| Q2 25 | $827.0M | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $445.0M | $1.8B | ||
| Q3 24 | $432.0M | — | ||
| Q2 24 | $588.0M | — |
| Q1 26 | — | $7.7M | ||
| Q4 25 | $14.6B | $7.6B | ||
| Q3 25 | $12.8B | $7.4B | ||
| Q2 25 | $13.8B | $6.7B | ||
| Q1 25 | $8.6B | $7.0B | ||
| Q4 24 | $6.8B | $6.9B | ||
| Q3 24 | $7.2B | $7.1B | ||
| Q2 24 | $6.6B | $6.9B |
| Q1 26 | — | $12.3M | ||
| Q4 25 | $11.6B | $11.8B | ||
| Q3 25 | $11.7B | $11.5B | ||
| Q2 25 | $11.7B | $11.1B | ||
| Q1 25 | $3.9B | $10.7B | ||
| Q4 24 | $3.8B | $10.7B | ||
| Q3 24 | $3.9B | $11.1B | ||
| Q2 24 | $3.9B | $10.6B |
| Q1 26 | — | $31.3M | ||
| Q4 25 | $37.0B | $31.0B | ||
| Q3 25 | $37.1B | $29.9B | ||
| Q2 25 | $37.1B | $28.7B | ||
| Q1 25 | $18.0B | $27.4B | ||
| Q4 24 | $16.2B | $27.7B | ||
| Q3 24 | $16.9B | $28.3B | ||
| Q2 24 | $16.5B | $27.2B |
| Q1 26 | — | 0.62× | ||
| Q4 25 | 1.26× | 0.65× | ||
| Q3 25 | 1.09× | 0.64× | ||
| Q2 25 | 1.18× | 0.60× | ||
| Q1 25 | 2.24× | 0.65× | ||
| Q4 24 | 1.81× | 0.64× | ||
| Q3 24 | 1.83× | 0.64× | ||
| Q2 24 | 1.70× | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $503.0M | $362.0M |
| Free Cash FlowOCF − Capex | $282.0M | $188.0M |
| FCF MarginFCF / Revenue | 5.2% | 4.5% |
| Capex IntensityCapex / Revenue | 4.1% | 8.0% |
| Cash ConversionOCF / Net Profit | 2.84× | 0.94× |
| TTM Free Cash FlowTrailing 4 quarters | $805.0M | $1.7B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $362.0M | ||
| Q4 25 | $503.0M | $1.1B | ||
| Q3 25 | $-133.0M | $784.0M | ||
| Q2 25 | $1.1B | $708.0M | ||
| Q1 25 | $117.0M | $151.0M | ||
| Q4 24 | $428.0M | $623.0M | ||
| Q3 24 | $-269.0M | $699.0M | ||
| Q2 24 | $943.0M | $521.0M |
| Q1 26 | — | $188.0M | ||
| Q4 25 | $282.0M | $620.0M | ||
| Q3 25 | $-371.0M | $450.0M | ||
| Q2 25 | $894.0M | $400.0M | ||
| Q1 25 | $0 | $-57.0M | ||
| Q4 24 | $330.0M | $369.0M | ||
| Q3 24 | $-414.0M | $482.0M | ||
| Q2 24 | $809.0M | $279.0M |
| Q1 26 | — | 4.5% | ||
| Q4 25 | 5.2% | 14.7% | ||
| Q3 25 | -6.5% | 11.0% | ||
| Q2 25 | 17.6% | 10.4% | ||
| Q1 25 | 0.0% | -1.7% | ||
| Q4 24 | 10.2% | 10.5% | ||
| Q3 24 | -12.3% | 14.2% | ||
| Q2 24 | 22.9% | 8.6% |
| Q1 26 | — | 8.0% | ||
| Q4 25 | 4.1% | 10.2% | ||
| Q3 25 | 4.1% | 8.1% | ||
| Q2 25 | 4.3% | 8.0% | ||
| Q1 25 | 3.5% | 6.0% | ||
| Q4 24 | 3.0% | 7.3% | ||
| Q3 24 | 4.3% | 6.4% | ||
| Q2 24 | 3.8% | 7.4% |
| Q1 26 | — | 0.94× | ||
| Q4 25 | 2.84× | 1.95× | ||
| Q3 25 | -0.51× | 1.82× | ||
| Q2 25 | — | 1.51× | ||
| Q1 25 | 0.60× | 0.96× | ||
| Q4 24 | 2.63× | 2.01× | ||
| Q3 24 | -1.41× | — | ||
| Q2 24 | 3.67× | 5.01× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AMCR
| Flexibles Segment | $3.2B | 59% |
| Rigid Packaging Segment | $2.3B | 42% |
GLW
Segment breakdown not available.
