Universal Display Corp \pa\ vs Impinj
Universal Display Corp \pa\ is the larger business, with $651m of revenue in fiscal 2025 against $361m for Impinj (1.8 times as much). Universal Display Corp \pa\ grew faster (0.5% against -1.4%). Universal Display Corp \pa\ kept more of each dollar of sales as profit: a net margin of 37.2% against -3.0%. Universal Display Corp \pa\ carries less debt relative to equity (0.1% against 137.4%).
| Latest fiscal year | Universal Display Corp \pa\OLED, 2025 | ImpinjPI, 2025 |
|---|---|---|
| Revenue | $651m | $361m |
| Revenue growth | 0.5% | -1.4% |
| Net income | $242m | −$10.8m |
| Operating margin | 38.2% | -0.2% |
| Net margin | 37.2% | -3.0% |
| Return on equity | 14.3% | -6.0% |
| Free cash flow | $154m | $45.9m |
| Cash | $138m | $48.2m |
| Total debt | $1.3m | $287m |
| Debt to equity | 0.1% | 137.4% |
| Dividend per share | $1.80 | — |
| Dividend yield | 2.2% | — |
| Share buybacks | $32.9m | — |
| Employees | — | 457 |
| Market value | $4.07bn | $5.74bn |
| Price vs our value range | Within our value range | Above our value range |
| Moat score | 88 (Strong) | 36 (Weak) |
| Insider trades, 12 months | 7 buys, 2 sales | 0 buys, 52 sales |