Universal Display Corporation
NASDAQ•OLED
CEO: Mr. Steven V. Abramson
Sector: Technology
Industry: Semiconductors
Listing Date: 1996-04-11
Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications in the United States and internationally. The company offers PHOLED technologies and materials for displays and lighting products under the UniversalPHOLED brand. It is also involved in the research, development, and commercialization of other OLED device and manufacturing technologies, including FOLED that are flexible OLEDs for the fabrication of OLEDs on flexible substrates; and OVJP, an organic vapor jet printing technology. In addition, the company provides technology development and support services, including third-party collaboration and support to third parties for the commercialization of their OLED products; and contract research services in the areas of chemical synthesis research, development, and commercialization for non-OLED applications, as well as engages in the intellectual property and technology licensing activities. Universal Display Corporation was founded in 1985 and is headquartered in Ewing, New Jersey.
Contact Information
Market Cap
$4.10B
P/E (TTM)
19.2
58.9
Dividend Yield
2.1%
52W High
$163.21
52W Low
$83.64
52W Range
Rank33Top 25.7%
4.8
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.8 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q1 2026 Data
Revenue
$142.21M+0.00%
4-Quarter Trend
EPS
$0.76+0.00%
4-Quarter Trend
FCF
$100.27M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Net Income Rises Sharply Net Income reached $242.075M, increasing $19.996M, driven by strong licensing revenue streams and cost control.
Royalty Fees Show Solid Growth Royalty and license fees increased 3.1% to $275.134M, successfully offsetting a 3.4% decline in material sales revenue.
R&D Costs Reduced Post-Restructuring Research and development expenses decreased $11.090M to $146.097M following the closure of the OVJP Corp facility.
Diluted EPS Increased to $5.08 Diluted EPS improved to $5.08 USD from $4.65 USD, reflecting improved profitability across core operations.
Risk Factors
Intellectual Property Protection Uncertain Fundamental PHOLED patents expired in 2017-2020; future competitive position relies on remaining portfolio strength.
Heavy Customer Revenue Concentration Majority revenue derived from three Asia-Pacific customers; business heavily dependent on these key relationships continuing.
Technology Adoption Remains Uncertain Expansion requires advances in material lifetimes and efficiencies; adoption risks exist if competitors offer superior alternatives.
Global Economic Instability Risks Geopolitical disputes and economic downturns could disrupt supply chains and negatively impact customer demand for displays.
Outlook
Expanding OLED Technology Portfolio Strategy focuses on expanding proprietary OLED materials and licensing technologies for displays and lighting applications globally.
Next-Generation Technology Development Continue R&D on next-gen OLEDs, including dry printing (UVJP) technology relocation to Singapore subsidiary for IT capacity.
Strengthening Customer Collaboration Focus on working closely with leading manufacturers like SDC and LG Display to foster new commercial agreements and adoption.
Maintaining Cost Competitive Pricing Ability to acquire and supply OLED materials at cost competitive pricing remains a key operational focus area for growth.
Peer Comparison
Revenue (TTM)
$15.12B
$11.34B
$7.07B
Gross Margin (Latest Quarter)
88.7%
74.6%
65.7%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| AMKR | $17.29B | 39.6 | 10.0% | 17.9% |
| TTMI | $16.43B | 84.1 | 11.3% | 0.1% |
| SITM | $14.84B | -343.3 | -4.2% | 0.4% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-6.1%
Growth Under Pressure
4Q Net Income CAGR
-18.9%
Declining Profitability
Cash Flow Stability
100%
Strong Cash Flow
Deep Research
Next earnings:May 7, 2026
EPS:$1.13
|Revenue:$161.35M
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data