Universal Display Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Revenue	626.55	650.61	647.68	576.43	616.62	553.53
Revenue Growth (YoY)	-3.42%	0.45%	12.36%	-6.52%	11.40%	29.07%
Cost of Revenue	152.11	154.13	148.46	135.38	127.9	114.99
Gross Profit	474.43	496.49	499.22	441.05	488.72	438.53
Selling, General & Admin	77.34	74.32	74.29	67.39	77.89	80.37
Depreciation & Amortization Expenses	19.24	18.2	18.2	15.99	17.46	21.99
Research & Development	146.44	146.1	157.19	130.48	117.06	99.67
Other Operating Expenses	9.75	9.29	10.75	10	9.21	8.85
Total Operating Expenses	252.77	247.91	260.42	223.86	221.61	210.89
Operating Income	221.67	248.58	238.8	217.19	267.11	227.64
Interest Income	38.35	39.71	40.68	28.17	7.81	0.51
Other Non-Operating Income (Expense)	-0.04	6.51	-7.36	-0.18	-6.69	0.1
Total Non-Operating Income (Expense)	38.31	46.22	33.33	27.98	1.12	0.6
Pretax Income	259.97	294.8	272.13	245.17	268.23	228.25
Provision for Income Taxes	46.45	52.72	50.05	42.16	58.17	44.03
Net Income	213.53	242.08	222.08	203.01	210.06	184.21
Net Income to Common	213.53	242.08	222.08	203.01	210.06	184.21
Net Income Growth	-7.03%	9.00%	9.39%	-3.36%	14.03%	38.12%
Shares Outstanding (Basic)	47	48	48	48	47	47
Shares Outstanding (Diluted)	48	48	48	48	47	47
Shares Change (YoY)	-0.22%	0.01%	0.06%	0.33%	0.22%	0.27%
EPS (Basic)	4.50	5.09	4.66	4.25	4.41	3.87
EPS (Diluted)	4.48	5.08	4.65	4.24	4.40	3.87
EPS Growth	-6.86%	9.25%	9.67%	-3.64%	13.69%	38.21%
Shares Outstanding	46.75	47.26	47.47	47.37	47.77	47.7
Free Cash Flow	237.13	154.36	211.1	94.99	84.32	147.94
Free Cash Flow Growth	53.62%	-26.88%	122.25%	12.65%	-43.01%	22.47%
Free Cash Flow Per Share	4.99	3.24	4.43	1.99	1.78	3.12
Dividends Per Share	1.850	1.800	1.600	1.400	1.200	0.800
Dividend Growth	2.78%	12.50%	14.29%	16.67%	50.00%	33.33%
Gross Margin	75.72%	76.31%	77.08%	76.51%	79.26%	79.23%
Operating Margin	35.38%	38.21%	36.87%	37.68%	43.32%	41.13%
Profit Margin	34.08%	37.21%	34.29%	35.22%	34.07%	33.28%
FCF Margin	37.85%	23.73%	32.59%	16.48%	13.67%	26.73%
EBITDA	270.31	295.17	282.94	260.59	309.38	269.61
EBITDA Margin	43.14%	45.37%	43.69%	45.21%	50.17%	48.71%
EBIT	221.67	248.58	238.8	217.19	267.11	227.64
EBIT Margin	35.38%	38.21%	36.87%	37.68%	43.32%	41.13%
Effective Tax Rate	17.87%	17.88%	18.39%	17.20%	21.69%	19.29%

Updated Apr 30, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q