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Universal Display Corp.

Cyclical demand Physical products Sells to businessesTags from an AI model reading the company description.

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Key Metrics

Previous Close: $77.39
52-Week Range: $73.23 – $153.38
Market Cap: $3.69B
P/E (TTM): 19.41
EPS (TTM): 4.14
Dividend Yield: 2.49%

Advanced Metrics

Price/Book: 2.21
PEG Ratio: 1.00
Return on Equity: 11.52%
Return on Assets: 6.77%
Gross Margin: 73.77%
Operating Margin: 35.26%
Profit Margin: 32.24%
Current Ratio: 8.50
Debt/Equity: 0.01
Total Debt: $21.69M
Free Cash Flow: $111.84M
Revenue Growth: -11.40%
Earnings Growth: -24.90%
Enterprise Value: $3.24B

OLED Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$616.62M	$576.43M	$647.68M	$650.61M
Cost of Revenue	$127.90M	$135.38M	$148.46M	$154.13M
Gross Profit	$488.72M	$441.05M	$499.22M	$496.49M
Research & Development	$117.06M	$130.48M	$157.19M	$146.10M
Selling, General & Admin	$77.89M	$67.39M	$74.29M	$74.32M
Operating Expenses	$221.61M	$223.86M	$260.42M	$247.91M
Operating Income	$267.11M	$217.19M	$238.80M	$248.58M
EBITDA	$309.38M	$260.59M	$282.94M	$295.17M
Pretax Income	$268.23M	$245.17M	$272.13M	$294.80M
Income Tax	$58.17M	$42.16M	$50.05M	$52.72M
Net Income	$210.06M	$203.01M	$222.08M	$242.07M
Diluted EPS	4.40	4.24	4.65	5.08
Diluted Shares	47.47M	47.62M	47.65M	47.66M

OLED Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$93.43M	$91.98M	$98.98M	$138.35M
Receivables	$92.66M	$139.85M	$113.65M	$119.95M
Inventory	$183.22M	$175.79M	$182.94M	$240.91M
Current Assets	$899.45M	$917.13M	$899.83M	$1.09B
Total Assets	$1.53B	$1.67B	$1.83B	$1.96B
Current Liabilities	$135.70M	$118.82M	$125.41M	$108.01M
Total Debt	$29.04M	$22.86M	$19.14M	$19.22M
Total Liabilities	$257.45M	$221.74M	$215.81M	$202.74M
Retained Earnings	$653.28M	$789.55M	$934.65M	$1.09B
Shareholders' Equity	$1.28B	$1.45B	$1.62B	$1.76B
Working Capital	$763.75M	$798.31M	$774.42M	$979.04M

OLED Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	$126.81M	$154.78M	$253.74M	$210.83M
Capital Expenditure	-$47.21M	-$126.36M	-$42.64M	-$66.47M
Free Cash Flow	$79.61M	$28.42M	$211.10M	$144.36M
Depreciation & Amortisation	$42.27M	$43.40M	$44.14M	$46.59M
Stock-Based Compensation	$29.95M	$24.11M	$30.03M	$28.23M
Investing Cash Flow	-$280.74M	-$83.29M	-$164.41M	-$45.48M
Financing Cash Flow	-$64.64M	-$72.93M	-$82.33M	-$125.98M
Dividends Paid	-$57.00M	-$66.73M	-$76.17M	-$85.55M
Share Repurchases	—	$0.00	$0.00	-$32.88M
Net Change in Cash	-$218.56M	-$1.45M	$7.00M	$39.37M

OLED Income statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Revenue	$171.79M	$139.61M	$172.93M	$142.21M	$152.16M
Cost of Revenue	$39.20M	$35.49M	$41.30M	$36.12M	$36.79M
Gross Profit	$132.59M	$104.12M	$131.63M	$106.09M	$115.37M
Research & Development	$36.36M	$36.34M	$38.50M	$35.25M	$34.97M
Selling, General & Admin	$20.44M	$18.04M	$18.82M	$20.03M	$18.57M
Operating Expenses	$64.05M	$60.98M	$64.39M	$63.34M	$61.72M
Operating Income	$68.54M	$43.14M	$67.24M	$42.75M	$53.65M
EBITDA	$79.94M	$55.22M	$79.25M	$55.90M	$67.17M
Pretax Income	$83.88M	$54.14M	$76.67M	$45.29M	$61.00M
Income Tax	$16.61M	$10.11M	$10.32M	$9.40M	$11.58M
Net Income	$67.26M	$44.02M	$66.34M	$35.90M	$49.42M
Diluted EPS	1.41	0.92	1.39	0.76	1.06
Diluted Shares	47.67M	47.68M	47.69M	47.21M	46.68M

OLED Balance Sheet statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Cash & Equivalents	$95.80M	$121.61M	$138.35M	$159.35M	$120.56M
Receivables	$147.04M	$74.21M	$119.95M	$93.63M	$126.20M
Inventory	$208.20M	$212.62M	$240.91M	$248.21M	$249.65M
Current Assets	$1.01B	$1.04B	$1.09B	$932.28M	$941.76M
Total Assets	$1.93B	$1.95B	$1.96B	$1.89B	$1.89B
Current Liabilities	$125.56M	$108.64M	$108.01M	$97.76M	$110.82M
Total Debt	$17.79M	$20.36M	$19.22M	$17.57M	$16.86M
Total Liabilities	$217.09M	$202.65M	$202.74M	$190.74M	$203.77M
Retained Earnings	$1.02B	$1.05B	$1.09B	$1.10B	$1.13B
Shareholders' Equity	$1.71B	$1.74B	$1.76B	$1.70B	$1.68B
Working Capital	$885.25M	$928.67M	$979.04M	$834.51M	$830.94M

OLED Cash Flow statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Operating Cash Flow	$51.94M	$97.18M	$31.15M	$108.88M	$24.98M
Capital Expenditure	-$14.48M	-$12.85M	-$26.09M	-$48.60M	-$4.63M
Free Cash Flow	$37.46M	$84.34M	$5.06M	$60.27M	$20.35M
Depreciation & Amortisation	$11.40M	$12.08M	$12.01M	$13.15M	$13.52M
Stock-Based Compensation	$9.34M	$6.47M	$5.34M	$7.55M	$4.91M
Investing Cash Flow	-$92.66M	-$50.49M	$39.50M	$9.87M	$7.08M
Financing Cash Flow	-$20.95M	-$20.89M	-$53.91M	-$97.75M	-$70.85M
Dividends Paid	-$21.40M	-$21.40M	-$21.33M	-$23.47M	-$23.17M
Share Repurchases	$0.00	—	—	-$67.12M	-$48.10M
Net Change in Cash	-$61.67M	$25.80M	$16.74M	$21.00M	-$38.79M

Market Snapshot

About

Universal Display Corporation develops and licenses organic light emitting diode (OLED) technologies and materials. The company owns a portfolio of patents related to OLED displays and lighting products. Universal Display supplies phosphorescent OLED materials to manufacturers of display panels for smartphones, TVs, and other electronic devices.