Corning Incorporated or VeriSign, Inc.: Who Invests More in Innovation?

Corning's R&D spending dwarfs VeriSign's by 12x in 2023.

__timestampCorning IncorporatedVeriSign, Inc.
Wednesday, January 1, 201481500000067777000
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Sunday, January 1, 201786000000052342000
Monday, January 1, 201899300000057884000
Tuesday, January 1, 2019103100000060805000
Wednesday, January 1, 2020115400000074671000
Friday, January 1, 202199500000080529000
Saturday, January 1, 2022104700000085700000
Sunday, January 1, 2023107600000091000000
Monday, January 1, 2024108900000096700000
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Innovation Investment: Corning vs. VeriSign

In the ever-evolving landscape of technology, innovation is the key to staying ahead. Corning Incorporated and VeriSign, Inc. are two giants in their respective fields, but who invests more in innovation? Over the past decade, Corning has consistently outpaced VeriSign in research and development (R&D) spending. From 2014 to 2023, Corning's R&D expenses grew by approximately 34%, peaking in 2023 with a 1.08 billion dollar investment. In contrast, VeriSign's R&D spending increased by about 34% over the same period, reaching 91 million dollars in 2023. This stark difference highlights Corning's commitment to innovation, investing nearly 12 times more than VeriSign in 2023. While both companies have shown growth, Corning's substantial investment underscores its strategic focus on pioneering advancements in materials science. As we look to the future, these investments will likely shape the technological landscape in profound ways.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025