Universal Display Corp \pa\ (OLED) Financial Statements
Industry: Electronic Components & Accessories
In fiscal 2025, Universal Display Corp \pa\ reported revenue of $650.6M, up 0.5% from $647.7M the year before. Net income was $242.1M (a 37.2% net margin), or $5.08 per diluted share. Gross margin was 76.3% and operating margin was 38.2%. Operating activities generated $210.8M of cash, leaving $154.4M of free cash flow. At fiscal year end, Universal Display Corp \pa\ held $1.96B in total assets against $202.7M in total liabilities, including $138.4M of cash and equivalents.
Open the full interactive Universal Display Corp \pa\ financials → Quarterly statements, key ratios, valuation history and price charts.
Universal Display Corp \pa\ Key Stats
| Share Price | $75.66 |
|---|---|
| Market Cap | $3.53B |
| P/E Ratio | 14.9 |
| Dividend Yield | 2.53% |
| Revenue YoY Growth | +0.4% |
| 52-Week Range | $72.90 – $148.25 |
| Shares Outstanding | 46.7 million (basic, 2026 Q2) |
Universal Display Corp \pa\ Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $428.9M | $553.5M | $616.6M | $576.4M | $647.7M | $650.6M |
| Cost of Goods Sold | $85.5M | $115.0M | $127.9M | $135.4M | $148.5M | $154.1M |
| Gross Profit | $343.4M | $438.5M | $488.7M | $441.1M | $499.2M | $496.5M |
| Operating Income | $157.5M | $227.6M | $267.1M | $217.2M | $238.8M | $248.6M |
| Pre-Tax Income | $163.5M | $228.2M | $268.2M | $245.2M | $272.1M | $294.8M |
| Income Tax | $30.2M | $44.0M | $58.2M | $42.2M | $50.0M | $52.7M |
| Net Income | $133.4M | $184.2M | $210.1M | $203.0M | $222.1M | $242.1M |
| Diluted EPS | $2.80 | $3.87 | $4.40 | $4.24 | $4.65 | $5.08 |
Universal Display Corp \pa\ Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $139.6M | $172.9M | $142.2M | $152.2M |
| Net Income | $44.0M | $66.3M | $35.9M | $49.4M |
| Diluted EPS | $0.92 | $1.39 | $0.76 | $1.06 |
Universal Display Corp \pa\ Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $630.0M | $312.0M | $93.4M | $92.0M | $99.0M | $138.4M |
| Current Assets | $924.6M | $925.9M | $899.5M | $917.1M | $899.8M | $1.09B |
| Total Assets | $1.27B | $1.47B | $1.53B | $1.67B | $1.83B | $1.96B |
| Current Liabilities | $165.0M | $187.9M | $135.7M | $118.8M | $125.4M | $108.0M |
| Total Long-Term Debt | — | $1.0M | $54,000 | $54,000 | $527,000 | $1.3M |
| Total Liabilities | $356.5M | $367.0M | $257.5M | $221.7M | $215.8M | $202.7M |
| Shareholders' Equity | $912.7M | $1.10B | $1.28B | $1.45B | $1.62B | $1.76B |
Universal Display Corp \pa\ Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $148.8M | $191.1M | $126.8M | $154.8M | $253.7M | $210.8M |
| Cash From Investing | $391.3M | -$457.8M | -$280.7M | -$83.3M | -$164.4M | -$45.5M |
| Cash From Financing | -$41.7M | -$51.4M | -$64.6M | -$72.9M | -$82.3M | -$126.0M |
| Free Cash Flow | $120.8M | $147.9M | $84.3M | $95.0M | $211.1M | $154.4M |
| Dividends Paid | $28.4M | $37.9M | $57.0M | $66.7M | $76.2M | $85.5M |
Figures from Universal Display Corp \pa\'s 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Universal Display Corp \pa\ financials page for every line item.
Universal Display Corp \pa\ Company Profile
| Ticker | OLED |
|---|---|
| Exchange | Nasdaq |
| Industry | Electronic Components & Accessories |
| Headquarters | Ewing, New Jersey |
| Incorporated in | Pennsylvania |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001005284 |
Frequently Asked Questions
What was Universal Display Corp \pa\'s revenue in fiscal 2025?
Universal Display Corp \pa\ (OLED) reported revenue of $650.6M for fiscal 2025.
What is Universal Display Corp \pa\'s annual revenue history?
Universal Display Corp \pa\'s annual revenue by fiscal year: 2020: $428.9M; 2021: $553.5M; 2022: $616.6M; 2023: $576.4M; 2024: $647.7M; 2025: $650.6M.
What was Universal Display Corp \pa\'s net income in fiscal 2025?
Universal Display Corp \pa\ reported net income of $242.1M for fiscal 2025.
What was Universal Display Corp \pa\'s earnings per share (EPS) in fiscal 2025?
Universal Display Corp \pa\'s diluted EPS was $5.08 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Universal Display Corp \pa\ generate in fiscal 2025?
Universal Display Corp \pa\ generated $154.4M of free cash flow in fiscal 2025.
What was Universal Display Corp \pa\'s revenue last quarter?
In its most recent reported quarter (2026 Q2), Universal Display Corp \pa\ reported revenue of $152.2M.
How much debt does Universal Display Corp \pa\ have?
Universal Display Corp \pa\ reported $1.3M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Universal Display Corp \pa\ are outstanding?
Universal Display Corp \pa\ reported a weighted average of 46.7 million basic shares outstanding in 2026 Q2.
What is Universal Display Corp \pa\'s market cap?
Based on its latest closing price, Universal Display Corp \pa\ (OLED) has a market capitalization of about $3.53B.
When does Universal Display Corp \pa\'s fiscal year end?
Universal Display Corp \pa\'s fiscal year end, as registered with the SEC, is December 31.
Where is Universal Display Corp \pa\ headquartered?
Universal Display Corp \pa\ lists its business address in Ewing, New Jersey in its SEC filings.