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Nasdaq · Technology

UNIVERSAL DISPLAY CORP \PA\ (OLED)

As-reported financials and SEC filings for UNIVERSAL DISPLAY CORP \PA\. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About UNIVERSAL DISPLAY CORP \PA\

Universal Display Corp develops and commercializes organic light emitting diode (OLED) technologies and materials for display and solid-state lighting applications. The company supplies proprietary OLED materials to manufacturers of mobile phones, televisions, monitors, wearables, tablets, computers, and automotive displays, and licenses its OLED technology and patents to these manufacturers. It focuses on improving OLED efficiency, flexibility, and cost-effectiveness for use in consumer electronics and specialty lighting products.

Snapshot

Revenue
$650.6M
Revenue growth (YoY)
0.5%
Net income
$242.1M
Diluted EPS
$5.08
Gross margin
76.3%
Operating margin
38.2%
Net margin
37.2%
FCF margin
23.7%
ROE
13.7%
net income / fiscal-year-end equity
P/E
20.0×
trailing when available, otherwise FY EPS
Market cap
$3.81B
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Universal Display Corp \pa\

  • Revenue grew 0.5% to $651M in FY2025, slower than the 12.4% the year before.
  • Operating margin is 38.2% in FY2025, -2.9 pp against 41.1% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $152M, down 11.4% from Q2 FY2025.
  • Free cash flow was $154M in FY2025, 23.7% of revenue.
  • Net income rose 9.0% to $242M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Universal Display Corp \pa\’s fundamentals sit among the 625 Technology companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin76.3%
84th percentile of 509
Operating margin38.2%
97th percentile of 563
Net margin37.2%
96th percentile of 577
FCF margin23.7%
81st percentile of 544
Revenue growth (YoY)+0.5%
26th percentile of 616
ROE13.7%
71st percentile of 540
P/E20.0×
32nd percentile of 330
Short interest5.44d
76th percentile of 622

Universal Display Corp \pa\’s operating margin of 38.2% ranks in the 97th percentile of the 563 Technology companies reporting it. Universal Display Corp \pa\’s net margin of 37.2% ranks in the 96th percentile of the 577 Technology companies reporting it.

No reported insider purchases (code P) in the last 90 days; 2 insider sales totaling $422,092. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 1 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
1
+6 quant / multi-strat
Initiated / added
5
0 new, 5 added
Reduced / exited
2
2 trimmed, 0 exited
Combined position
$150.0M
reported long value
InvestorAs ofPosition valueSharesChange
AQR Capital ManagementquantQ2 2026$63.0M728.1KAdded
Citadel AdvisorsquantQ2 2026$35.4M408.8KAdded
Renaissance TechnologiesquantQ2 2026$22.1M254.8KAdded
Millennium ManagementquantQ2 2026$16.6M191.8KAdded
D. E. ShawquantQ2 2026$6.5M74.6KReduced
Gotham Asset ManagementQ2 2026$4.2M48.7KAdded
Two Sigma InvestmentsquantQ2 2026$2.2M25.1KReduced

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
2
$422K
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-18
filed 2026-08-20
LACERTE LAWRENCEDirectorSell4.7K$84.94$395K
2026-08-18
filed 2026-08-20
LACERTE LAWRENCEDirectorSell314$85.56$27K
2026-05-11
filed 2026-05-13
ELIAS RICHARD CDirectorBuy1.0K$92.84$93K
2026-05-07
filed 2026-05-11
ABRAMSON STEVEN VPresident and CEOBuy4.5K$93.62$426K
2026-05-07
filed 2026-05-11
ABRAMSON STEVEN VPresident and CEOBuy3.6K$92.46$337K
2026-05-07
filed 2026-05-11
ABRAMSON STEVEN VPresident and CEOBuy2.8K$94.40$264K
2026-05-07
filed 2026-05-11
Premutico MauroSVP & CLOBuy1.4K$93.75$135K
2026-05-07
filed 2026-05-11
Premutico MauroSVP & CLOBuy1.4K$92.51$134K
2026-05-07
filed 2026-05-11
Premutico MauroSVP & CLOBuy800$94.40$76K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
3.9M
settled 2026-08-14
Change vs prior
-10.2%
vs previous settlement
Days to cover
5.44
at avg daily volume
Avg daily volume
708.7K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-143.9M-10.2%5.44
2026-07-314.3M+3.3%5.46
2026-07-154.2M-13.0%5.78
2026-06-304.8M+6.0%5.52
2026-06-154.5M+24.0%6.70
2026-05-293.6M+11.4%5.45
2026-05-153.3M-1.4%2.39
2026-04-303.3M+16.3%3.91

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$650.6M$647.7M$576.4M$616.6M$553.5M
Gross profit$496.5M$499.2M$441.1M$488.7M$438.5M
Operating income$248.6M$238.8M$217.2M$267.1M$227.6M
Net income$242.1M$222.1M$203.0M$210.1M$184.2M
Diluted EPS$5.08$4.65$4.24$4.40$3.87

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$138.4M$99.0M$92.0M$93.4M$312.0M
Current assets$1.09B$899.8M$917.1M$899.5M$925.9M
Total assets$1.96B$1.83B$1.67B$1.53B$1.47B
Current liabilities$108.0M$125.4M$118.8M$135.7M$187.9M
Long-term debt
Total liabilities$202.7M$215.8M$221.7M$257.5M$367.0M
Total equity$1.76B$1.62B$1.45B$1.28B$1.10B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$210.8M$253.7M$154.8M$126.8M$191.1M
Capital expenditure$56.5M$42.6M$59.8M$42.5M$43.2M
Free cash flow$154.4M$211.1M$95.0M$84.3M$147.9M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$152.2M-11.4%$49.4M$1.06
Q1 FY2026$142.2M-14.5%$35.9M$0.76
Q4 FY2025$172.9M6.6%$66.3M$1.39
Q3 FY2025$139.6M-13.6%$44.0M$0.92
Q2 FY2025$171.8M8.4%$67.3M$1.41
Q1 FY2025$166.3M0.6%$64.4M$1.35
Q4 FY2024$162.3M2.5%$46.0M$0.97
Q3 FY2024$161.6M14.6%$66.9M$1.40

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorTechnology
SIC industryElectronic Components & Accessories
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2014
SEC CIK1005284

Selected SEC filings

10-K2026-02-19
View on EDGAR →
10-Q2026-07-30
View on EDGAR →
10-Q2026-04-30
View on EDGAR →
8-K2026-07-30
View on EDGAR →
8-K2026-06-22
View on EDGAR →
8-K2026-04-30
View on EDGAR →
8-K2026-02-19
View on EDGAR →

Largest Technology peers

All Technology companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.