Universal Display Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	138.35	98.98	91.99	93.43	311.99
Short-Term Investments	464	393.69	422.14	484.35	351.19
Cash & Short-Term Investments	602.36	492.67	514.12	577.78	663.19
Cash Growth	22.26%	-4.17%	-11.02%	-12.88%	-9.15%
Receivables	142.36	113.65	139.85	92.66	107.64
Inventory	240.91	182.94	175.8	183.22	134.16
Other Current Assets	101.43	110.58	87.37	45.79	20.95
Total Current Assets	1,087	899.83	917.13	899.45	925.93
Property, Plant & Equipment	234.87	215.11	200.06	174.93	159.45
Long-Term Investments	377.03	457.59	299.55	259.86	168.08
Goodwill	15.54	15.54	15.54	15.54	15.54
Other Intangible Assets	60.8	79	97.2	46.63	59.38
Long-Term Accounts Receivable	48.94	31.47	18.35	11.65	-
Long-Term Deferred Tax Assets	79.45	78.32	59.11	58.16	33.45
Other Long-Term Assets	60.07	55.48	62.03	66.6	105.1
Total Assets	1,964	1,832	1,669	1,533	1,467
Accounts Payable	23.34	36.59	10.93	9.52	14.96
Accrued Expenses	52.56	46.03	52.08	51	45.47
Current Portion of Leases	4.75	3.85	3.53	3.74	3.35
Current Unearned Revenue	21.01	33.07	47.71	45.6	120.86
Other Current Liabilities	6.34	5.87	4.56	25.84	3.29
Total Current Liabilities	108.01	125.41	118.82	135.7	187.94
Long-Term Leases	19.22	19.14	22.86	29.04	27.26
Long-Term Unearned Revenue	1.94	0.54	12.01	18.28	36.22
Pension & Post-Retirement Benefits	56.54	54.45	52.25	59.79	66.77
Other Long-Term Liabilities	17.03	16.28	15.8	14.65	48.81
Total Liabilities	202.74	215.81	221.74	257.45	367.01
Common Stock	0.49	0.49	0.49	0.49	0.49
Additional Paid-In Capital	744.69	723.72	699.55	681.34	658.73
Retained Earnings	1,090	934.66	789.55	653.28	500.21
Treasury Stock	-75.42	-41.28	-41.28	-41.28	-41.28
Comprehensive Income & Other	0.78	-1.06	-1.09	-18.45	-18.24
Total Common Equity	1,761	1,617	1,447	1,275	1,100
Shareholders' Equity	1,761	1,617	1,447	1,275	1,100
Total Liabilities & Equity	1,964	1,832	1,669	1,533	1,467
Total Debt	23.97	22.98	26.39	32.78	30.61
Net Cash (Debt)	578.39	469.69	487.73	545	632.57
Net Cash Growth	23.14%	-3.70%	-10.51%	-13.84%	-12.30%
Net Cash Per Share	12.14	9.86	10.24	11.48	13.36
Filing Date Shares Outstanding	47.1	47.47	47.37	47.25	48.5
Total Common Shares Outstanding	47.26	47.47	47.37	47.77	47.7
Working Capital	979.05	774.42	798.31	763.75	738
Book Value Per Share	37.26	34.05	30.55	26.70	23.06
Tangible Book Value	1,685	1,522	1,334	1,213	1,025
Tangible Book Value Per Share	35.65	32.06	28.17	25.40	21.49
Land	12.23	12.23	12.23	2.64	2.64
Buildings	166.25	131.29	116.9	99.59	76.6
Machinery	197.35	176.31	167.44	147.77	123.39
Construction In Progress	28.45	45.29	22.49	10.57	18.66
Order Backlog	14.6	-	-	-	-

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