UNIVERSAL DISPLAY CORP \PA\OLEDEarnings & Financial Report
Universal Display Corporation is a developer and manufacturer of organic light emitting diode (OLED) technologies and materials, and it is a provider of services to the display and lighting industries.
OLED Q1 FY2026 Key Financial Metrics
Revenue
$142.2M
Gross Profit
$106.1M
Operating Profit
$42.8M
Net Profit
$35.9M
Gross Margin
74.6%
Operating Margin
30.1%
Net Margin
25.2%
YoY Growth
-14.5%
EPS
$0.76
UNIVERSAL DISPLAY CORP \PA\ Q1 FY2026 Financial Summary
UNIVERSAL DISPLAY CORP \PA\ reported revenue of $142.2M (down 14.5% YoY) for Q1 FY2026, with a net profit of $35.9M (down 44.3% YoY) (25.2% margin). Cost of goods sold was $36.1M, operating expenses totaled $63.3M.
Key Financial Metrics
| Total Revenue | $142.2M |
|---|---|
| Net Profit | $35.9M |
| Gross Margin | 74.6% |
| Operating Margin | 30.1% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
UNIVERSAL DISPLAY CORP \PA\ Q1 FY2026 revenue of $142.2M breaks down across 3 segments, led by Material sales at $83.7M (58.9% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Material sales | $83.7M | 58.9% |
| Royalty and license fees | $54.2M | 38.1% |
| Contract research services | $4.3M | 3.0% |
UNIVERSAL DISPLAY CORP \PA\ Annual Revenue by Year
UNIVERSAL DISPLAY CORP \PA\ annual revenue history includes year-by-year totals (for example, 2025 revenue was $650.6M).
UNIVERSAL DISPLAY CORP \PA\ Quarterly Revenue & Net Profit History
UNIVERSAL DISPLAY CORP \PA\ results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $142.2M | -14.5% | $35.9M | 25.2% |
| Q4 FY2025 | $172.9M | +6.6% | $66.3M | 38.4% |
| Q3 FY2025 | $139.6M | -13.6% | $44.0M | 31.5% |
| Q2 FY2025 | $171.8M | +8.4% | $67.3M | 39.2% |
| Q1 FY2025 | $166.3M | +0.6% | $64.4M | 38.8% |
| Q4 FY2024 | $162.3M | +2.5% | $46.0M | 28.4% |
| Q3 FY2024 | $161.6M | +14.6% | $66.9M | 41.4% |
| Q2 FY2024 | $158.5M | +8.1% | $52.3M | 33.0% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $158.5M | $161.6M | $162.3M | $166.3M | $171.8M | $139.6M | $172.9M | $142.2M |
| YoY Growth | 8.1% | 14.6% | 2.5% | 0.6% | 8.4% | -13.6% | 6.6% | -14.5% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.78B | $1.81B | $1.83B | $1.86B | $1.93B | $1.95B | $1.96B | $1.89B |
| Liabilities | $249.7M | $224.1M | $215.8M | $205.2M | $217.1M | $202.6M | $202.7M | $190.7M |
| Equity | $1.53B | $1.59B | $1.62B | $1.66B | $1.71B | $1.74B | $1.76B | N/A |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $67.0M | $79.9M | $34.7M | $30.6M | $51.9M | $97.2M | $31.1M | $108.9M |