Universal Display Corp \pa\ income statement

In fiscal 2025, Universal Display Corp \pa\ reported revenue of $651m, up 0.5% on the year before, operating income of $249m (a 38.2% margin) and net income of $242m, or $5.08 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Universal Display Corp \pa\: income statement, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Revenue	16	31	61	83	147	191	191	199	336	247	405	429	554	617	576	648	651	628
Cost of revenue	—	—	—	—	—	—	—	26	55	54	75	85	115	128	135	148	154	157
Gross profit	—	—	—	—	—	150	128	173	281	194	330	343	439	489	441	499	496	470
Research and development	21	22	24	30	34	41	45	43	49	54	71	84	100	117	130	157	146	145
Selling, general and administrative	11	13	19	20	25	28	29	33	47	47	60	61	80	78	67	74	74	78
Operating income	−20	−10	6	14	38	59	32	68	146	57	158	158	228	267	217	239	249	217
Interest expense	0	0	0	0	0	0	0	—	—	—	—	—	—	—	—	—	—	—
Income before tax	−21	−20	2	15	39	59	33	69	150	64	170	164	228	268	245	272	295	282
Income tax	−0	−0	−1	5	−35	17	18	21	46	5	32	30	44	58	42	50	53	52
Net income	−21	−20	3	10	74	42	104	48	104	59	138	133	184	210	203	222	242	231
Diluted EPS	−$0.56	−$0.53	$0.07	$0.21	$1.59	$0.90	$2.18	$1.02	$2.18	$1.24	$2.92	$2.80	$3.87	$4.40	$4.24	$4.65	$5.08	$4.93
Diluted shares (average)	36m	38m	45m	47m	47m	47m	47m	47m	47m	47m	47m	47m	47m	47m	48m	48m	48m	47m
EBITDA	−18	−9	7	16	40	61	35	73	151	65	171	173	248	292	245	265	277	248

US$ millions unless shown otherwise. Fiscal quarters.

Universal Display Corp \pa\: income statement, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026	2026 Q3Sept 2026
Revenue	162	166	172	140	173	142	152	160
Cost of revenue	37	38	39	35	41	36	37	43
Gross profit	125	128	133	104	132	106	115	117
Research and development	46	35	36	36	39	35	35	36
Selling, general and administrative	20	17	20	18	19	20	19	21
Operating income	52	70	69	43	67	43	54	54
Income before tax	55	80	84	54	77	45	61	99
Income tax	9	16	17	10	10	9	12	20
Net income	46	64	67	44	66	36	49	79
Diluted EPS	$0.96	$1.35	$1.41	$0.92	$1.40	$0.76	$1.06	$1.72
EBITDA	59	76	75	51	75	50	61	62

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Universal Display Corp \pa\'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Universal Display Corp \pa\.