Universal Display Corporation (OLED) — Financial statements
Income statement, balance sheet, and cash flow for Universal Display Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 651↑0.5% | 648↑12.4% | 576↓6.5% | 617↑11.4% | 554 | |
| Cost of Revenue | 173↑16.4% | 148↑9.7% | 135↑5.8% | 128↑11.2% | 115 | |
| Gross Profit | 478↓4.3% | 499↑13.2% | 441↓9.8% | 489↑11.4% | 439 | |
| Operating Expenses | ||||||
| R&D Expenses | 144↓8.5% | 157↑20.5% | 130↑11.5% | 117↑17.4% | 100 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 74↑0.0% | 74↑10.2% | 67↓13.5% | 78↓3.1% | 80 | |
| Other Expenses | 9↓69.6% | 29↑11.4% | 26↓2.5% | 27↓13.6% | 31 | |
| Operating Expenses | 227↓12.8% | 260↑16.3% | 224↑1.0% | 222↑5.1% | 211 | |
| Total Costs & Expenses | 400↓2.2% | 409↑13.8% | 359↑2.8% | 350↑7.3% | 326 | |
| Operating Results | ||||||
| Operating Income | 251↑5.0% | 239↑10.0% | 217↓18.7% | 267↑17.3% | 228 | |
| Depreciation & Amortization | 47↑5.5% | 44↑1.7% | 43↑2.7% | 42↑0.7% | 42 | |
| EBITDA | 297↑5.1% | 283↑8.6% | 261↓15.8% | 309↑14.8% | 270 | |
| EBIT | 251↑5.0% | 239↑10.0% | 217↓18.7% | 267↑17.3% | 228 | |
| Interest & Other Income | ||||||
| Net Interest Income | 40↓2.4% | 41↑44.4% | 28↑260.6% | 8↑1446.7% | 0.51 | |
| Interest Income | 40↓2.4% | 41↑44.4% | 28↑260.6% | 8↑1446.7% | 0.51 | |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 44↑32.1% | 33↑19.1% | 28↑2398.4% | 1↑85.7% | 0.60 | |
| Income Before Tax | 295↑8.3% | 272↑11.0% | 245↓8.6% | 268↑17.5% | 228 | |
| Income Tax Expense | 53↑5.3% | 50↑18.7% | 42↓27.5% | 58↑32.1% | 44 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 242↑9.0% | 222↑9.4% | 203↓3.4% | 210↑14.0% | 184 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 242↑9.0% | 222↑9.4% | 203↓3.4% | 210↑14.0% | 184 | |
| Bottom-Line Net Income | 242↑9.2% | 222↑9.7% | 202↓3.3% | 209↑14.1% | 183 | |
| EPS (Basic) | 5.09↑9.2% | 4.66↑9.6% | 4.25↓3.6% | 4.41↑14.0% | 3.87 | |
| EPS (Diluted) | 5.08↑9.2% | 4.65↑9.7% | 4.24↓3.6% | 4.40↑13.7% | 3.87 | |
| Weighted Average Shares | 48↓0.0% | 48↓0.0% | 48↑0.4% | 47↑0.2% | 47 | |
| Weighted Average Diluted Shares | 48↑0.0% | 48↑0.1% | 48↑0.3% | 47↑0.2% | 47 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.