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Universal Display

OLED

Universal Display Corporation is a leader in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials.

Market cap
$3.81B-45.2%
Revenue$626.5M-3.4%
Net income$213.5M-7.0%
Free cash flow$237.1M+44.9%
EPS (diluted)$4.49-6.7%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 30, 2026 (Tomorrow)
Revenue estimate$157.5M
EPS estimate$1.04

Financials

Q1 2026

Income statement

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Revenue$142.2M-14.5%
Gross profit$106.1M-17.2%
Operating income$42.8M-38.6%
Net income$35.9M-44.3%
EPS (diluted)$0.76-43.7%

Balance sheet

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Cash & equivalents$159.4M
Total debt$40.9M
Total equity$1.7B+2.7%
Total assets$1.9B

Cash flow

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Operating cash flow$108.9M+256%
CapEx$8.6M-34.1%
Free cash flow$100.3M+473%

Valuation & ratios

Valuation

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Market cap$3.81B-45.2%
Enterprise value$3.69B-48.0%
P/E17.9×-11.4×
P/S6.1×-4.7×

Profitability

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Gross margin75.7%-1.2pp
Operating margin35.4%-2.5pp
Net margin34.1%-1.3pp
FCF margin37.8%+12.6pp

Returns & leverage

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Return on equity12.7%-1.9pp
Debt / equity
Current ratio9.5×

Segments

By product

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Material Sales$83.7M-2.8%
Royalty And License Fees$54.2M-26.3%
Contract Research Services$4.3M-35.1%

Competitors

Profile

Universal Display Corporation is a leader in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials. The company provides energy-efficient phosphorescent OLED (PHOLED) materials and licenses its extensive intellectual property portfolio to global manufacturers of displays and lighting products. Its core value proposition centers on enhancing power efficiency, color performance, and form factor for consumer electronics and solid-state lighting.

Competitive position

The company is a dominant technology leader in the OLED industry, holding a critical intellectual property position in phosphorescent emitter materials required for high-efficiency displays.

GeographiesUnited States, South Korea, China, Japan, Ireland, Hong Kong, Taiwan
Customer segmentsConsumer Electronics Manufacturers, Display Panel Makers, Automotive OEMs
Business modelIP Licensing, Material Sales, Contract Research (CDMO)
SuppliersSpecialty chemical manufacturing services, Raw material suppliers, University research partners
CustomersSmartphone manufacturers, Television manufacturers, Automotive lighting suppliers, Wearable device makers
Listed1996
Employees456.0
CEOSteven V. Abramson
Websiteoled.com
FilingsSEC EDGAR

Questions, answered.

What is Universal Display's market cap?
Universal Display (OLED) has a market capitalization of $3.8B and trades on NASDAQ.
What is Universal Display's revenue and profitability?
Universal Display generated $626.5M in trailing twelve-month revenue with net income of $213.5M, representing a net margin of 34.1%. Gross margin stands at 75.7%, with free cash flow of $237.1M. These figures are based on the Q1 2026 filing.
Who are Universal Display's competitors?
Universal Display's key competitors include Vuzix Corporation, SemiLEDS Corporation, Alpha Modus Holdings, Inc. Class A Common Stock, and others. These companies compete in similar markets and product categories.
Who does Universal Display partner with?
Universal Display's notable partners include PPG Industries, Inc., Samsung Display Co., Ltd., LG Display Co., Ltd., and others.
What subsidiaries does Universal Display have?
Universal Display's subsidiaries include Adesis, Inc., UDC Ireland Ltd., UDC Ventures LLC, and others.
Where is Universal Display headquartered?
Universal Display is headquartered in United States of America and employs approximately 456 people. It has been publicly traded since 1996.