Universal Display Corporation (OLED)
NASDAQ: OLED · Real-Time Price · USD
76.31
-1.08 (-1.40%)
Sep 16, 2026, 4:00 PM EDT - Market closed

Universal Display Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
606.91650.61647.68576.43616.62553.53
Revenue Growth
-8.32%0.45%12.36%-6.52%11.40%29.07%
Gross Profit
447.71487.19488.48431.05479.52429.68
Operating Income
206.77248.58238.8217.19267.11227.64
Net Income
195.64241.92221.55202.02208.85183.08
Earnings Per Share
4.145.084.654.244.403.87
EPS Growth
-19.07%9.25%9.67%-3.64%13.69%38.21%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Material Sales
328.11352.97365.42322.03331.08318.62
Royalty and License Fees
261.32275.13266.82238.39267.12219.03
Contract Research Services
17.4822.515.4516.0118.4215.87
Revenue (Total)
606.91650.61647.68576.43616.62553.53

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
471.31602.36492.67514.12577.78663.19
Total Debt
21.6924.2422.9826.3932.7830.61
Net Cash (Debt)
449.62578.11469.69487.73545632.57
Net Cash Growth
-10.68%23.09%-3.70%-10.51%-13.84%-12.30%
Net Cash Per Share
9.5112.139.8610.2411.4813.36

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
262.19210.83253.74154.78126.82191.11
Capital Expenditures
-42.17-56.47-42.64-59.79-42.5-43.16
Free Cash Flow
220.02154.36211.194.9984.32147.94
Free Cash Flow Growth
53.61%-26.88%122.25%12.65%-43.01%22.47%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
73.77%74.88%75.42%74.78%77.77%77.63%
Operating Margin
34.07%38.21%36.87%37.68%43.32%41.13%
Pretax Margin
39.07%45.31%42.02%42.53%43.50%41.24%
Profit Margin
32.24%37.18%34.21%35.05%33.87%33.07%
FCF Margin
36.25%23.72%32.59%16.48%13.67%26.73%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
2.0001.8001.6001.4001.2000.800
Dividend Per Share Growth
11.43%12.50%14.29%16.67%50.00%33.33%
Dividend Yield
2.62%1.57%1.13%0.76%1.17%0.51%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
18.4222.9531.3244.8424.4442.48
Forward PE
16.8821.9329.1741.5226.9533.85
P/FCF Ratio
15.9435.9732.8795.3660.5352.57
PS Ratio
5.788.5310.7115.718.2814.05