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Universal Display OLED Revenue recognized that was included in deferred income at the beginning of the period

Revenue recognized that was included in deferred income at the beginning of the period at other companies

Photronics logo
PhotronicsPLAB
$2.33M-10.1%
Lightwave Logic, Inc. logo
Lightwave Logic, Inc.LWLG
$4.17K0.0%
Adeia logo
AdeiaADEA
$5.39M+3.5%

Other financials

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

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Market cap$4.16B-35.5%
Enterprise value$4.04B-36.8%
P/E19.5×-6.9×
P/S6.6×-3.1×

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×

Where this comes from

Reported directly by Universal Display in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityRevenueRecognized.

The source filing: Universal Display’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 4:10 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-197277
Line itemAssetsLiabilities
Balance at December 31, 2025$71,346$(22,954)
Revenue recognized that was previously included in deferred revenue, net44,738
Increases due to cash received(44,538)
Cumulative catch-up adjustment arising from changes in estimates of transaction price, net(12)
Unbilled receivables recorded, net16,371
Contract assets recorded, net(791)
Transferred to receivables from unbilled receivables(18,732)
Net change(3,152)188

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Universal Display's revenue recognized that was included in deferred income at the beginning of the period?
Universal Display (OLED) reported revenue recognized that was included in deferred income at the beginning of the period of $44.74M in Q1 2026.
How has Universal Display's revenue recognized that was included in deferred income at the beginning of the period changed year-over-year?
Universal Display's revenue recognized that was included in deferred income at the beginning of the period increased by 13.4% year-over-year, from $39.45M to $44.74M.

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