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Universal Display OLED Q4 2024 Annual earnings

Reported February 20, 2025 · After market close

Revenue$162.3MBeat by $9.5M
EPS$1.22Beat by $0.14
Revenue estimate$152.7M
EPS estimate$1.08

Next report

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

Financials

Q4 2024

Income statement

See full
Revenue$162.3M+2.5%
Gross profit$124.9M+2.2%
Operating income$52.5M-18.9%
Net income$46.0M-25.7%
EPS (diluted)$0.96-25.6%

Balance sheet

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Cash & equivalents$99.0M+7.6%
Total debt$42.1M-14.5%
Total equity$1.6B+11.7%
Total assets$1.8B+9.8%

Cash flow

See full
Operating cash flow$34.7M-6.4%
CapEx$12.7M+67.2%
Free cash flow$22.0M-25.3%

Valuation & ratios

Valuation

as of 12/31/24
See full
Market cap$6.94B-23.7%
Enterprise value$6.88B-24.0%
P/E31.2×-13.6×
P/S10.7×-5.1×

Profitability

See full
Gross margin77.1%+0.6pp
Operating margin36.9%-0.8pp
Net margin34.3%-0.9pp
FCF margin32.6%+14.7pp

Returns & leverage

See full
Return on equity14.5%-0.4pp
Debt / equity0.0×
Current ratio7.2×-0.5×

Segments

By geography

See full
KR$92.1M+5.7%
CN$65.4M-1.1%
US$4.7M+73.5%
JP$596.0K-66.8%

By product

See full
Material Sales$93.3M+13.4%
Royalty And License Fees$64.4M-11.6%
Contract Research Services$4.6M+43.6%

Versus estimates

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Questions, answered.

When did Universal Display report Q4 2024 earnings?
Universal Display (OLED) reported Q4 2024 earnings on February 20, 2025 after market close.
What were Universal Display's Q4 2024 revenue and EPS?
Universal Display reported revenue of $162.3M and eps of $1.22 for Q4 2024.
Did Universal Display beat estimates in Q4 2024?
Revenue beat the consensus estimate of $152.7M by $9.5M. EPS beat the consensus estimate of $1.08 by $0.14.
Where can I find Universal Display's Q4 2024 SEC filings?
You can read the 10-K periodic report (0000950170-25-024151) directly on SEC EDGAR. The filing index links above go to sec.gov.