vs

Side-by-side financial comparison of Brookfield Business Partners L.P. (BBU) and Corning Inc. (GLW). Click either name above to swap in a different company.

Brookfield Business Partners L.P. is the larger business by last-quarter revenue ($6.7B vs $4.1B, roughly 1.6× Corning Inc.). Corning Inc. runs the higher net margin — 9.3% vs 2.0%, a 7.3% gap on every dollar of revenue. On growth, Corning Inc. posted the faster year-over-year revenue change (0.0% vs -44.0%).

Brookfield Business Partners L.P. is a publicly traded limited partnership and the primary public vehicle through which Brookfield Corporation, its parent company, owns and operates the business services and industrial operations of its private equity group. It was formed through a spin-off from Brookfield Asset Management in June 2016.

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...

BBU vs GLW — Head-to-Head

Bigger by revenue
BBU
BBU
1.6× larger
BBU
$6.7B
$4.1B
GLW
Growing faster (revenue YoY)
GLW
GLW
+44.0% gap
GLW
0.0%
-44.0%
BBU
Higher net margin
GLW
GLW
7.3% more per $
GLW
9.3%
2.0%
BBU

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
BBU
BBU
GLW
GLW
Revenue
$6.7B
$4.1B
Net Profit
$135.0M
$387.0M
Gross Margin
36.9%
Operating Margin
15.4%
Net Margin
2.0%
9.3%
Revenue YoY
-44.0%
0.0%
Net Profit YoY
107.7%
-60.0%
EPS (diluted)
$0.12
$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
BBU
BBU
GLW
GLW
Q1 26
$4.1B
Q4 25
$4.2B
Q3 25
$4.1B
Q2 25
$6.7B
$3.9B
Q1 25
$3.5B
Q4 24
$3.5B
Q3 24
$3.4B
Q2 24
$11.9B
$3.3B
Net Profit
BBU
BBU
GLW
GLW
Q1 26
$387.0M
Q4 25
$540.0M
Q3 25
$430.0M
Q2 25
$135.0M
$469.0M
Q1 25
$157.0M
Q4 24
$310.0M
Q3 24
$-117.0M
Q2 24
$65.0M
$104.0M
Gross Margin
BBU
BBU
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
BBU
BBU
GLW
GLW
Q1 26
15.4%
Q4 25
15.9%
Q3 25
14.4%
Q2 25
14.8%
Q1 25
12.9%
Q4 24
11.2%
Q3 24
8.9%
Q2 24
5.7%
Net Margin
BBU
BBU
GLW
GLW
Q1 26
9.3%
Q4 25
12.8%
Q3 25
10.5%
Q2 25
2.0%
12.1%
Q1 25
4.5%
Q4 24
8.9%
Q3 24
-3.5%
Q2 24
0.5%
3.2%
EPS (diluted)
BBU
BBU
GLW
GLW
Q1 26
$0.43
Q4 25
$0.61
Q3 25
$0.50
Q2 25
$0.12
$0.54
Q1 25
$0.18
Q4 24
$0.36
Q3 24
$-0.14
Q2 24
$-0.10
$0.12

Balance Sheet & Financial Strength

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

Metric
BBU
BBU
GLW
GLW
Cash + ST InvestmentsLiquidity on hand
$3.3B
$1.8M
Total DebtLower is stronger
$7.7M
Stockholders' EquityBook value
$15.3B
$12.3M
Total Assets
$75.3B
$31.3M
Debt / EquityLower = less leverage
0.62×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BBU
BBU
GLW
GLW
Q1 26
$1.8M
Q4 25
$1.5B
Q3 25
Q2 25
$3.3B
Q1 25
Q4 24
$1.8B
Q3 24
Q2 24
$3.0B
Total Debt
BBU
BBU
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
BBU
BBU
GLW
GLW
Q1 26
$12.3M
Q4 25
$11.8B
Q3 25
$11.5B
Q2 25
$15.3B
$11.1B
Q1 25
$10.7B
Q4 24
$10.7B
Q3 24
$11.1B
Q2 24
$18.2B
$10.6B
Total Assets
BBU
BBU
GLW
GLW
Q1 26
$31.3M
Q4 25
$31.0B
Q3 25
$29.9B
Q2 25
$75.3B
$28.7B
Q1 25
$27.4B
Q4 24
$27.7B
Q3 24
$28.3B
Q2 24
$81.5B
$27.2B
Debt / Equity
BBU
BBU
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
BBU
BBU
GLW
GLW
Operating Cash FlowLast quarter
$362.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
8.0%
Cash ConversionOCF / Net Profit
0.94×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BBU
BBU
GLW
GLW
Q1 26
$362.0M
Q4 25
$1.1B
Q3 25
$784.0M
Q2 25
$708.0M
Q1 25
$151.0M
Q4 24
$623.0M
Q3 24
$699.0M
Q2 24
$521.0M
Free Cash Flow
BBU
BBU
GLW
GLW
Q1 26
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
BBU
BBU
GLW
GLW
Q1 26
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
BBU
BBU
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
BBU
BBU
GLW
GLW
Q1 26
0.94×
Q4 25
1.95×
Q3 25
1.82×
Q2 25
1.51×
Q1 25
0.96×
Q4 24
2.01×
Q3 24
Q2 24
5.01×

Financial Flow Comparison

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

Related Comparisons