Universal Display Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	121.61	98.98	91.99	93.43	311.99	630.01
Short-Term Investments	481.37	393.69	422.14	484.35	351.19	100
Cash & Short-Term Investments	602.98	492.67	514.12	577.78	663.19	730.01
Cash Growth	9.32%	-4.17%	-11.02%	-12.88%	-9.15%	12.99%
Receivables	120.78	147.05	139.85	92.66	107.64	82.26
Inventory	212.62	182.94	175.8	183.22	134.16	91.59
Other Current Assets	100.94	77.17	87.37	45.79	20.95	20.75
Total Current Assets	1,037	899.83	917.13	899.45	925.93	924.61
Property, Plant & Equipment	232.26	215.11	200.06	174.93	159.45	110.86
Long-Term Investments	422.93	457.59	299.55	259.86	168.08	5
Goodwill	15.54	15.54	15.54	15.54	15.54	15.54
Other Intangible Assets	65.35	79	97.2	46.63	59.38	80.94
Long-Term Accounts Receivable	38.79	31.47	18.35	11.65	-	-
Long-Term Deferred Tax Assets	77.34	78.32	59.11	58.16	33.45	37.7
Other Long-Term Assets	57.93	55.48	62.03	66.6	105.1	94.59
Total Assets	1,947	1,832	1,669	1,533	1,467	1,269
Accounts Payable	34.73	36.59	10.93	9.52	14.96	13.8
Accrued Expenses	42.83	46.03	52.08	51	45.47	41.4
Current Portion of Leases	4.69	3.85	3.53	3.74	3.35	1.87
Current Unearned Revenue	23.26	33.07	47.71	45.6	120.86	105.22
Other Current Liabilities	3.12	5.87	4.56	25.84	3.29	2.67
Total Current Liabilities	108.64	125.41	118.82	135.7	187.94	164.96
Long-Term Leases	20.36	19.14	22.86	29.04	27.26	6.88
Long-Term Unearned Revenue	1.58	0.54	12.01	18.28	36.22	57.09
Pension & Post-Retirement Benefits	55.7	54.45	52.25	59.79	66.77	78.53
Other Long-Term Liabilities	16.36	16.28	15.8	14.65	48.81	49.06
Total Liabilities	202.65	215.81	221.74	257.45	367.01	356.51
Common Stock	0.49	0.49	0.49	0.49	0.49	0.49
Additional Paid-In Capital	739.05	723.72	699.55	681.34	658.73	635.6
Retained Earnings	1,046	934.66	789.55	653.28	500.21	353.93
Treasury Stock	-41.28	-41.28	-41.28	-41.28	-41.28	-41.28
Comprehensive Income & Other	0.92	-1.06	-1.09	-18.45	-18.24	-36.02
Total Common Equity	1,745	1,617	1,447	1,275	1,100	912.71
Shareholders' Equity	1,745	1,617	1,447	1,275	1,100	912.71
Total Liabilities & Equity	1,947	1,832	1,669	1,533	1,467	1,269
Total Debt	25.05	22.98	26.39	32.78	30.61	8.75
Net Cash (Debt)	577.93	469.69	487.73	545	632.57	721.26
Net Cash Growth	9.51%	-3.70%	-10.51%	-13.84%	-12.30%	13.12%
Net Cash Per Share	12.12	9.86	10.24	11.48	13.36	15.27
Filing Date Shares Outstanding	47.54	47.47	47.37	47.25	48.5	47.11
Total Common Shares Outstanding	47.54	47.47	47.37	47.77	47.7	47.65
Working Capital	928.67	774.42	798.31	763.75	738	759.65
Book Value Per Share	36.70	34.05	30.55	26.70	23.06	19.16
Tangible Book Value	1,664	1,522	1,334	1,213	1,025	816.24
Tangible Book Value Per Share	35.00	32.06	28.17	25.40	21.49	17.13
Land	12.23	12.23	12.23	2.64	2.64	2.64
Buildings	164.33	131.29	116.9	99.59	76.6	53.57
Machinery	192.47	176.31	167.44	147.77	123.39	94.8
Construction In Progress	22.66	45.29	22.49	10.57	18.66	23.59
Order Backlog	-	19.5	-	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.