OLED Research | Milton Maxwell

OLED

Universal Display Corporation

117.76

-1.45-1.22%

Dec 16, 4:00:00 PM EST

Upcoming Earnings

Report date

-/-

Earnings Call Transcripts

This Quarter (Q4 '25)

No earnings call transcript available yet

Last Quarter (Q3 '25)

No earnings call transcript available

Key Stats

Market Cap

5.60B

P/E (TTM)

25.38

Basic EPS (TTM)

4.64

Dividend Yield

0.01%

Recent Filings

10-Q

11/6/25Nov 6, 2025

8-K

11/6/25Nov 6, 2025

8-K

Q2 revenue hits record $171.8M

7/31/25Jul 31, 2025

Universal Display Corporation reported record Q2 2025 revenue of $171.8 million, up 8% from $158.5 million in Q2 2024, driven by surging royalty and license fees to $75.7 million despite softer material sales. Net income climbed to $67.3 million, or $1.41 per diluted share. The company raised its full-year revenue guidance to $650 million–$700 million, eyeing OLED expansion in IT and automotive. Uncertainty lingers in the macroeconomic environment.

10-Q

Q2 FY2025 results

7/31/25Jul 31, 2025

Universal Display Corporation posted solid Q2 FY2025 results, with total revenue climbing 8% year-over-year to $171.8 million, driven by a 27% surge in royalty and license fees to $75.7 million despite a 7% dip in material sales to $88.7 million from customer mix shifts; gross margin expanded to 77% of revenue, up from 76%, while operating income rose 22% to $68.5 million on steady expenses. Diluted EPS hit $1.41, up 28% y/y and matching basic due to minimal dilution from 47.7 million weighted shares. Operating cash flow for the half-year stood at $82.5 million, with free cash flow at $54.9 million (derived) after $27.5 million in capex, bolstering a liquidity position of $95.8 million in cash equivalents and $429.4 million in short-term investments—no debt. Restructuring costs of $0.6 million tied to relocating OVJP operations to Singapore and New Jersey trimmed R&D slightly. Cash dividends rose to $0.45 per share. Patent oppositions pose ongoing risks to IP protection.

8-K

Annual meeting results announced

6/23/25Jun 23, 2025

Universal Display Corporation held its 2025 Annual Meeting on June 18, 2025, with 42,727,869 shares represented. Shareholders elected all 11 director nominees, including Steven V. Abramson and April Walker, despite some opposition for Elizabeth H. Gemmill and Celia M. Joseph. The advisory vote approved executive compensation, while ratification of KPMG LLP as auditors passed overwhelmingly. Continuity in governance remains intact.

About

Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. It offers phosphorescent organic light-emitting diode (PHOLED) technologies and materials for displays and lighting products under the UniversalPHOLED brand. The company is also involved in the research, development, and commercialization of other OLED device and manufacturing technologies, including FOLED that are flexible OLEDs for the fabrication of OLEDs on flexible substrates; and OVJP, an organic vapor jet printing technology. In addition, it provides technology development and support services, including third-party collaboration and support to third parties for the commercialization of their OLED products; and contract research services in the areas of chemical synthesis research, development, and commercialization for non-OLED applications, as well as engages in the intellectual property and technology licensing activities. The company has operations in South Korea, China, Japan, the United States, and internationally. Universal Display Corporation was incorporated in 1985 and is headquartered in Ewing, New Jersey.

CEO

Mr. Steven V. Abramson

IPO

4/11/1996

Website

https://oled.com

Employees

468

Sector

Technology

Industry

Electronic Components