OLED
Universal Display
NASDAQ: OLED · TECHNOLOGY · ELECTRONIC COMPONENTS
$89.63
-1.75% today
Updated 2026-04-29
Market cap
$4.63B
P/E ratio
19.49
P/S ratio
7.12x
EPS (TTM)
$5.08
Dividend yield
1.84%
52W range
$86 – $161
Volume
0.7M
Universal Display (OLED) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.92M | $11.31M | $11.08M | $15.79M | $30.54M | $61.29M | $83.24M | $146.64M | $191.03M | $191.05M | $198.89M | $335.63M | $247.41M | $405.18M | $428.87M | $553.52M | $616.62M | $576.43M | $647.68M | $650.61M |
| Revenue growth (YoY) | — | -5.2% | -2.0% | +42.5% | +93.5% | +100.7% | +35.8% | +76.2% | +30.3% | +0.0% | +4.1% | +68.8% | -26.3% | +63.8% | +5.8% | +29.1% | +11.4% | -6.5% | +12.4% | +0.5% |
| Cost of revenue | $1.04M | $1.20M | $912094.00 | $374322.00 | $888000.00 | $3.73M | $4.53M | $28.89M | $41.31M | $63.00M | $26.29M | $54.70M | $53.54M | $75.37M | $85.48M | $114.99M | $127.90M | $135.38M | $148.46M | $172.83M |
| Gross profit | $10.88M | $10.11M | $10.16M | $15.41M | $29.66M | $57.56M | $78.72M | $117.75M | $149.72M | $128.05M | $172.60M | $280.93M | $193.87M | $329.80M | $343.39M | $438.53M | $488.72M | $441.05M | $499.22M | $477.78M |
| Gross margin | 91.2% | 89.4% | 91.8% | 97.6% | 97.1% | 93.9% | 94.6% | 80.3% | 78.4% | 67.0% | 86.8% | 83.7% | 78.4% | 81.4% | 80.1% | 79.2% | 79.3% | 76.5% | 77.1% | 73.4% |
| R&D | $19.86M | $20.91M | $22.26M | $20.02M | $21.70M | $24.13M | $30.03M | $34.22M | $41.15M | $44.64M | $42.74M | $49.14M | $53.72M | $71.28M | $83.89M | $99.67M | $117.06M | $130.48M | $157.19M | $146.10M |
| SG&A | $8.90M | $9.57M | $10.17M | $14.56M | $18.19M | $26.38M | $19.55M | $24.75M | $28.14M | $29.05M | $32.88M | $46.81M | $47.00M | $59.61M | $61.35M | $80.37M | $77.89M | $69.07M | $74.29M | $74.32M |
| Operating income | $-17.89M | $-20.37M | $-22.66M | $-20.27M | $-10.23M | $5.69M | $13.68M | $38.24M | $58.62M | $32.28M | $68.41M | $146.25M | $56.73M | $158.34M | $157.53M | $227.64M | $267.11M | $217.19M | $238.80M | $250.78M |
| Operating margin | -150.1% | -180.2% | -204.6% | -128.4% | -33.5% | 9.3% | 16.4% | 26.1% | 30.7% | 16.9% | 34.4% | 43.6% | 22.9% | 39.1% | 36.7% | 41.1% | 43.3% | 37.7% | 36.9% | 38.5% |
| EBITDA | $-14.52M | $-17.21M | $-16.42M | $-16.86M | $-15.75M | $9.93M | $28.30M | $56.33M | $75.91M | $48.99M | $91.16M | $175.24M | $87.31M | $192.76M | $194.71M | $269.61M | $309.38M | $260.59M | $282.94M | $341.38M |
| EBITDA margin | -121.8% | -152.3% | -148.2% | -106.8% | -51.6% | 16.2% | 34.0% | 38.4% | 39.7% | 25.6% | 45.8% | 52.2% | 35.3% | 47.6% | 45.4% | 48.7% | 50.2% | 45.2% | 43.7% | 52.5% |
| EBIT | $-17.89M | $-20.37M | $-20.06M | $-20.63M | $-18.69M | $8.43M | $21.45M | $43.31M | $62.83M | $34.91M | $70.39M | $148.34M | $56.73M | $158.34M | $157.53M | $227.64M | $267.11M | $217.19M | $238.80M | $294.80M |
| Interest expense | $10187.00 | $8192.00 | $47197.00 | $7019.00 | $27871.00 | $49575.00 | $48000.00 | $47000.00 | $70000.00 | $54000.00 | $185000.00 | $3.29M | $7.58M | $11.56M | $6.00M | $603000.00 | $7.81M | — | — | — |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-15.19M | $-15.98M | $-19.14M | $-20.51M | $-19.92M | $3.16M | $9.66M | $74.05M | $41.85M | $14.68M | $48.07M | $103.89M | $58.84M | $138.30M | $133.37M | $184.21M | $210.06M | $203.01M | $222.08M | $242.07M |
| Net income growth (YoY) | — | -5.2% | -19.8% | -7.1% | +2.9% | +115.8% | +206.2% | +666.6% | -43.5% | -64.9% | +227.5% | +116.1% | -43.4% | +135.1% | -3.6% | +38.1% | +14.0% | -3.4% | +9.4% | +9.0% |
| Profit margin | -127.4% | -141.3% | -172.8% | -129.9% | -65.2% | 5.1% | 11.6% | 50.5% | 21.9% | 7.7% | 24.2% | 31.0% | 23.8% | 34.1% | 31.1% | 33.3% | 34.1% | 35.2% | 34.3% | 37.2% |