The Inventing Press

UNIVERSAL DISPLAY CORP \PA\

Financial highlights

MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$650.6M$647.7M$576.4M$616.6M$553.5M
Cost of revenue$154.1M$148.5M$135.4M$127.9M$115.0M
Gross profit$496.5M$499.2M$441.1M$488.7M$438.5M
Selling, general & administrative$74.3M$74.3M$67.4M$77.9M$80.4M
Research and development$146.1M$157.2M$130.5M$117.1M$99.7M
Operating expenses$247.9M$260.4M$223.9M$221.6M$210.9M
Operating income$248.6M$238.8M$217.2M$267.1M$227.6M
Pretax income$294.8M$272.1M$245.2M$268.2M$228.2M
Income tax expense$52.7M$50.0M$42.2M$58.2M$44.0M
Net income$242.1M$222.1M$203.0M$210.1M$184.2M
Balance Sheet
Cash and equivalents$138.4M$99.0M$92.0M$93.4M$312.0M
Current assets$1.1B$899.8M$917.1M$899.5M$925.9M
Total assets$2.0B$1.8B$1.7B$1.5B$1.5B
Current liabilities$108.0M$125.4M$118.8M$135.7M$187.9M
Total liabilities$202.7M$215.8M$221.7M$257.5M$367.0M
Stockholders' equity$1.8B$1.6B$1.4B$1.3B$1.1B
Cash Flow Statement
Cash from operations$210.8M$253.7M$154.8M$126.8M$191.1M
Depreciation and amortization$28.4M$25.9M$27.4M$24.8M$20.0M
Stock-based compensation$28.2M$30.0M$24.1M$29.9M$34.9M
Capital expenditure$56.5M$42.6M$59.8M$42.5M$43.2M
Free cash flow$154.4M$211.1M$95.0M$84.3M$147.9M
Dividends paid$85.5M$76.2M$66.7M$57.0M$37.9M
Share repurchases$32.9M$0$0$0
Impairments$0$0$0$0$0

Shares outstanding 46.8M · Free float 99.6%

Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.