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Universal Display Corporation (OLED)
NASDAQ: OLED · Real-Time Price · USD
87.45
+3.60 (4.29%)
At close: Oct 22, 2026, 4:00 PM EDT
87.08
-0.37 (-0.42%)
After-hours: Oct 22, 2026, 7:52 PM EDT

Universal Display Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
195.68242.08222.08203.01210.06184.21
Depreciation & Amortization
50.7746.5944.1443.442.2741.96
Asset Writedown & Restructuring Costs
1.581.587.5---
Loss (Gain) From Sale of Investments
-3.27-8.77-7.4-11.60.5-0.37
Stock-Based Compensation
24.2728.2330.0324.1129.9536.28
Other Operating Activities
4.70.66-17.31-0.64-21.6710.62
Change in Accounts Receivable
20.84-6.3126.2-47.1914.98-25.38
Change in Inventory
-41.45-57.97-7.147.43-49.06-42.57
Change in Accounts Payable
-16.552.1110.364.053.341.9
Change in Unearned Revenue
4.62-10.66-26.11-4.16-93.2-5.22
Change in Other Net Operating Assets
21-26.71-28.61-63.63-10.35-10.33
Operating Cash Flow
262.19210.83253.74154.78126.82191.11
Operating Cash Flow Growth
33.04%-16.91%63.94%22.05%-33.64%28.44%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-42.17-56.47-42.64-59.79-42.5-43.16
Sale (Purchase) of Intangibles
-50-10--66.56-4.71-0.39
Investment in Securities
98.1320.99-121.7743.06-233.54-414.2
Investing Cash Flow
5.96-45.48-164.41-83.29-280.74-457.75

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Issuance of Common Stock
1.992.022.222.011.571.51
Repurchase of Common Stock
-156.01-42.45-8.39-8.21-9.21-14.95
Common Dividends Paid
-89.37-85.55-76.17-66.74-57-37.93
Financing Cash Flow
-243.39-125.98-82.34-72.93-64.64-51.37

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Cash Flow
24.7639.377-1.45-218.56-318.02

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
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%
Free Cash Flow Margin
36.25%23.72%32.59%16.48%13.67%26.73%
Free Cash Flow Per Share
4.663.244.432.001.783.12
Levered Free Cash Flow
111.8467.95190.02-21.1180.4130.35
Unlevered Free Cash Flow
111.8467.95190.02-21.1180.4130.35

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Income Tax Paid
17.1771.4471.9796.1872.3552.65
Change in Working Capital
-11.54-99.53-25.3-103.51-134.3-81.6
SEC Filings: 10-K · 10-Q