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.
Revenue
$166.3M
Gross Profit
$128.1M
Operating Profit
$69.7M
Net Profit
$64.4M
Gross Margin
77.1%
Operating Margin
41.9%
Net Margin
38.8%
YoY Growth
0.6%
EPS
$1.35
UNIVERSAL DISPLAY CORP \PA\ Q1 FY2025 Financial Summary
UNIVERSAL DISPLAY CORP \PA\ reported revenue of $166.3M (up 0.6% YoY) for Q1 FY2025, with a net profit of $64.4M (up 13.4% YoY) (38.8% margin). Cost of goods sold was $38.1M, operating expenses totaled $58.5M.
Key Financial Metrics
| Total Revenue | $166.3M |
|---|---|
| Net Profit | $64.4M |
| Gross Margin | 77.1% |
| Operating Margin | 41.9% |
| Report Period | Q1 FY2025 |
Revenue Breakdown
UNIVERSAL DISPLAY CORP \PA\ Q1 FY2025 revenue of $166.3M breaks down across 3 segments, led by KR at $87.3M (52.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| KR | $87.3M | 52.5% |
| Royalty And License Fees | $73.6M | 44.2% |
| Contract Research Services | $6.6M | 3.9% |
UNIVERSAL DISPLAY CORP \PA\ Revenue by Segment — Quarterly Trend
UNIVERSAL DISPLAY CORP \PA\ revenue by segment across the last 4 reported quarters, showing how each business line (such as KR and Royalty And License Fees) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| KR | — | $103.1M | — | $87.3M |
| Royalty And License Fees | — | — | $75.7M | $73.6M |
| Contract Research Services | $4.8M | $3.7M | $7.5M | $6.6M |
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).
| Year | Annual Revenue |
|---|---|
| 2025 | $650.6M |
| 2024 | $647.7M |
| 2023 | $576.4M |
| 2022 | $616.6M |
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 |
|---|---|---|---|---|
| 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% |
| Q1 FY2024 | $165.3M | +26.7% | $56.9M | 34.4% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $165.3M | $158.5M | $161.6M | $162.3M | $166.3M | $171.8M | $139.6M | $172.9M |
| YoY Growth | 26.7% | 8.1% | 14.6% | 2.5% | 0.6% | 8.4% | -13.6% | 6.6% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.68B | $1.78B | $1.81B | $1.83B | $1.86B | $1.93B | $1.95B | $1.96B |
| Liabilities | $198.8M | $249.7M | $224.1M | $215.8M | $205.2M | $217.1M | $202.6M | $202.7M |
| Equity | $1.48B | $1.53B | $1.59B | $1.62B | $1.66B | $1.71B | $1.74B | $1.76B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $72.2M | $67.0M | $79.9M | $34.7M | $30.6M | $51.9M | $97.2M | $31.1M |