See more : EJF Investments Limited (EJF0.L) Income Statement Analysis – Financial Results
Complete financial analysis of Universal Display Corporation (OLED) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Universal Display Corporation, a leading company in the Semiconductors industry within the Technology sector.
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Universal Display Corporation (OLED)
About Universal Display Corporation
Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. It owns, exclusively licenses, or has sole rights to sublicense approximately 5,500 issued and pending patents worldwide. The company supplies its proprietary UniversalPHOLED materials to display and lighting manufacturers, and others. It is also involved in the research, development, and commercialization of other OLED device and manufacturing technologies, including FOLED that are flexible OLEDs for the fabrication of OLEDs on flexible substrates; OVJP, an organic vapor jet printing technology; thin-film encapsulation technology for the packaging of flexible OLEDs and other thin-film devices, as well as for use as a barrier film for plastic substrates; and UniversalP2OLED, which are printable phosphorescent OLEDs. In addition, the company provides technology development and support services, including third-party collaboration and support to third parties for the commercialization of their OLED products. Further, it provides contract research services in the areas of chemical materials synthesis research, development, and commercialization for non-OLED applications. Universal Display Corporation was founded in 1985 and is headquartered in Ewing, New Jersey.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 576.43M | 616.62M | 553.53M | 428.87M | 405.18M | 247.41M | 335.63M | 198.89M | 191.05M | 191.03M | 146.64M | 83.24M | 61.29M | 30.54M | 15.79M | 11.08M | 11.31M | 11.92M | 10.15M | 7.01M | 6.59M | 2.45M | 1.25M | 492.76K | 519.54K | 400.00K | 100.00K | 100.00K | 100.00K |
| Cost of Revenue | 135.38M | 127.90M | 114.99M | 85.48M | 75.37M | 53.54M | 54.70M | 26.29M | 63.00M | 41.32M | 28.89M | 4.53M | 5.09M | 887.51K | 1.48M | 1.31M | 1.20M | 1.04M | 109.78K | 155.28K | 110.50K | 0.00 | 0.00 | -1.05M | -56.37K | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 441.05M | 488.72M | 438.53M | 343.39M | 329.80M | 193.87M | 280.93M | 172.60M | 128.05M | 149.72M | 117.75M | 78.72M | 56.20M | 29.66M | 14.31M | 9.77M | 10.11M | 10.88M | 10.04M | 6.85M | 6.48M | 2.45M | 1.25M | 1.54M | 575.90K | 400.00K | 100.00K | 100.00K | 100.00K |
| Gross Profit Ratio | 76.51% | 79.26% | 79.23% | 80.07% | 81.40% | 78.36% | 83.70% | 86.78% | 67.03% | 78.37% | 80.30% | 94.56% | 91.69% | 97.09% | 90.62% | 88.17% | 89.39% | 91.24% | 98.92% | 97.78% | 98.32% | 100.00% | 100.00% | 313.31% | 110.85% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 130.48M | 117.06M | 99.67M | 83.89M | 71.28M | 53.72M | 49.14M | 42.74M | 44.64M | 41.15M | 34.22M | 30.03M | 24.13M | 21.70M | 20.02M | 22.26M | 20.91M | 19.86M | 19.18M | 16.65M | 17.90M | 15.80M | 12.39M | 7.11M | 3.17M | 1.40M | 4.20M | 900.00K | 0.00 |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 47.00M | 46.81M | 32.88M | 29.05M | 28.14M | 24.75M | 19.55M | 26.38M | 18.19M | 14.56M | 10.17M | 9.57M | 8.90M | 8.32M | 7.40M | 6.12M | 4.75M | 3.92M | 3.26M | 2.73M | 1.90M | 2.00M | 900.00K | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 67.39M | 77.89M | 80.37M | 61.35M | 59.61M | 47.00M | 46.81M | 32.88M | 29.05M | 28.14M | 24.75M | 19.55M | 26.38M | 18.19M | 14.56M | 10.17M | 9.57M | 8.90M | 8.32M | 7.40M | 6.12M | 4.75M | 3.92M | 3.26M | 2.73M | 1.90M | 2.00M | 900.00K | 3.10M |
| Other Expenses | 26.00M | 26.67M | 30.85M | 40.62M | 40.57M | -83.00K | -4.00K | -1.93M | 22.09M | 21.81M | 20.55M | 15.46M | 28.16M | 6.03M | 5.12M | 1.31M | 20.88M | 18.74M | 18.18M | 0.00 | 0.00 | 250.00K | 0.00 | 1.05M | 56.37K | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 223.86M | 221.61M | 210.89M | 185.86M | 171.46M | 137.14M | 134.68M | 104.19M | 95.77M | 91.10M | 79.51M | 65.04M | 50.51M | 39.88M | 34.57M | 32.43M | 30.48M | 28.77M | 27.50M | 24.05M | 24.01M | 20.81M | 16.30M | 11.42M | 5.96M | 3.30M | 6.20M | 1.80M | 3.10M |
| Cost & Expenses | 359.24M | 349.51M | 325.88M | 271.34M | 246.83M | 190.68M | 189.38M | 130.47M | 158.77M | 132.41M | 108.40M | 69.57M | 55.60M | 40.77M | 36.05M | 33.74M | 31.68M | 29.81M | 27.61M | 24.21M | 24.12M | 20.81M | 16.30M | 10.37M | 5.90M | 3.30M | 6.20M | 1.80M | 3.10M |
| Interest Income | 28.17M | 7.81M | 505.00K | 5.14M | 10.80M | 7.66M | 3.29M | 2.11M | 837.00K | 777.00K | 811.00K | 1.24M | 994.22K | 279.47K | 669.63K | 2.61M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 0.00 | 7.81M | 0.00 | 0.00 | 0.00 | 7.58M | 3.29M | 185.00K | 54.00K | 70.00K | 47.00K | 48.00K | 49.58K | 27.87K | 7.02K | 47.20K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 43.40M | 42.27M | 41.96M | 37.19M | 34.42M | 30.57M | 26.90M | 20.76M | 14.09M | 13.07M | 13.02M | 6.85M | 1.50M | 2.94M | 3.76M | 2.59M | 3.16M | 3.37M | 3.24M | 3.07M | 3.80M | 16.59M | 4.51M | 1.05M | 56.37K | -200.00K | -200.00K | -100.00K | 0.00 |
| EBITDA | 260.59M | 309.38M | 269.61M | 194.71M | 192.76M | 87.31M | 173.15M | 89.36M | 46.36M | 71.69M | 52.03M | 21.72M | 3.99M | -17.08M | -16.87M | -16.42M | -13.30M | -12.20M | -12.69M | -14.13M | -13.73M | -1.78M | -10.54M | -8.83M | -5.32M | -3.10M | -6.07M | -1.80M | -3.00M |
| EBITDA Ratio | 45.21% | 50.17% | 48.71% | 45.40% | 47.57% | 35.29% | 52.21% | 45.83% | 26.08% | 40.14% | 38.41% | 34.00% | 13.35% | -22.94% | -100.29% | -181.21% | -152.26% | -121.84% | -140.16% | -202.13% | -208.53% | 337.81% | -841.13% | -1,791.25% | -1,024.65% | -775.00% | -6,300.00% | -1,800.00% | -3,000.00% |
| Operating Income | 217.19M | 267.11M | 227.64M | 157.53M | 158.34M | 56.74M | 146.25M | 68.41M | 32.28M | 58.62M | 38.24M | 13.68M | 5.69M | -10.23M | -20.27M | -22.66M | -20.37M | -17.89M | -17.46M | -17.20M | -17.53M | -18.36M | -15.05M | -9.88M | -5.38M | -2.90M | -6.10M | -1.70M | -3.00M |
| Operating Income Ratio | 37.68% | 43.32% | 41.13% | 36.73% | 39.08% | 22.93% | 43.57% | 34.40% | 16.89% | 30.69% | 26.08% | 16.43% | 9.28% | -33.48% | -128.38% | -204.63% | -180.19% | -150.07% | -172.06% | -245.50% | -265.90% | -750.99% | -1,201.05% | -2,004.55% | -1,035.50% | -725.00% | -6,100.00% | -1,700.00% | -3,000.00% |
| Total Other Income/Expenses | 27.98M | 1.12M | 603.00K | 6.00M | 11.56M | 7.58M | 3.29M | 185.00K | 783.00K | 707.00K | 764.00K | 1.19M | -3.25M | -9.83M | -368.44K | 2.56M | 3.59M | 2.16M | 1.23M | 812.21K | 16.03K | -10.04M | -1.31M | 0.00 | 0.00 | 284.58K | 200.92K | 100.00K | 3.00M |
| Income Before Tax | 245.17M | 268.23M | 228.25M | 163.53M | 169.91M | 64.31M | 149.54M | 68.60M | 33.06M | 59.33M | 39.01M | 14.87M | 2.44M | -20.05M | -20.64M | -20.10M | -16.78M | -15.73M | -16.23M | -16.39M | -17.52M | -28.40M | -16.36M | 0.00 | 0.00 | -2.70M | -5.90M | -1.60M | 0.00 |
| Income Before Tax Ratio | 42.53% | 43.50% | 41.24% | 38.13% | 41.93% | 25.99% | 44.55% | 34.49% | 17.30% | 31.06% | 26.60% | 17.86% | 3.98% | -65.65% | -130.71% | -181.51% | -148.43% | -131.96% | -159.89% | -233.91% | -265.66% | -1,161.42% | -1,305.46% | 0.00% | 0.00% | -675.00% | -5,900.00% | -1,600.00% | 0.00% |
| Income Tax Expense | 42.16M | 58.17M | 44.03M | 30.16M | 31.60M | 5.47M | 45.65M | 20.53M | 18.38M | 17.47M | -35.04M | 5.21M | -714.05K | -134.35K | -129.92K | -962.48K | -804.98K | -544.57K | -424.21K | -612.97K | -178.39K | 12.66M | 0.00 | -348.52K | -254.81K | 100.00K | 0.00 | 200.00K | 3.10M |
| Net Income | 203.01M | 210.06M | 184.21M | 133.37M | 138.30M | 58.84M | 103.89M | 48.07M | 14.68M | 41.85M | 74.05M | 9.66M | 3.16M | -19.92M | -20.51M | -19.14M | -15.98M | -15.19M | -15.80M | -15.78M | -17.35M | -31.02M | -16.36M | -9.53M | -5.13M | -2.80M | -5.90M | -1.80M | -3.10M |
| Net Income Ratio | 35.22% | 34.07% | 33.28% | 31.10% | 34.13% | 23.78% | 30.95% | 24.17% | 7.68% | 21.91% | 50.50% | 11.60% | 5.15% | -65.21% | -129.89% | -172.82% | -141.31% | -127.39% | -155.71% | -225.16% | -263.20% | -1,268.54% | -1,305.46% | -1,933.83% | -986.46% | -700.00% | -5,900.00% | -1,800.00% | -3,100.00% |
| EPS | 4.25 | 4.41 | 3.87 | 2.80 | 2.92 | 1.26 | 2.19 | 1.02 | 0.31 | 0.90 | 1.61 | 0.21 | 0.07 | -0.53 | -0.56 | -0.53 | -0.47 | -0.49 | -0.56 | -0.59 | -0.77 | -1.61 | -0.96 | -0.62 | -0.42 | -0.27 | -0.63 | -0.21 | -0.39 |
| EPS Diluted | 4.24 | 4.40 | 3.87 | 2.80 | 2.92 | 1.25 | 2.18 | 1.02 | 0.31 | 0.90 | 1.59 | 0.21 | 0.07 | -0.53 | -0.56 | -0.53 | -0.47 | -0.49 | -0.56 | -0.59 | -0.77 | -1.61 | -0.96 | -0.62 | -0.42 | -0.27 | -0.63 | -0.21 | -0.39 |
| Weighted Avg Shares Out | 47.56M | 47.39M | 47.30M | 47.20M | 46.96M | 46.85M | 46.73M | 46.41M | 46.82M | 46.25M | 45.90M | 45.95M | 43.74M | 37.57M | 36.48M | 35.93M | 33.76M | 30.86M | 28.46M | 26.79M | 22.43M | 19.23M | 16.99M | 15.26M | 12.27M | 10.31M | 9.33M | 8.57M | 8.00M |
| Weighted Avg Shares Out (Dil) | 47.62M | 47.47M | 47.37M | 47.24M | 47.00M | 46.90M | 46.81M | 46.54M | 47.49M | 46.69M | 46.54M | 46.88M | 45.14M | 37.57M | 36.48M | 35.93M | 33.76M | 30.86M | 28.46M | 26.79M | 22.43M | 19.23M | 16.99M | 15.26M | 12.27M | 10.31M | 9.33M | 8.57M | 8.00M |
Universal Display Corporation Announces First Quarter 2024 Conference Call
EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation will report 1Q24 results on May 2, 2024, and host a 5:00 p.m. ET earnings conference call.
Universal Display Corporation's Dr. Julie Brown to Receive Prestigious USC Viterbi Engineering Award
EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--UDC announced that its EVP and CTO, Dr. Julie Brown, will be receiving the prestigious USC Viterbi Daniel J. Epstein Engineering Management Award.
Universal Display Corporation to Deliver Keynote Address and Sponsor ICDT 2024
EWING, N.J.–(BUSINESS WIRE)–$OLED #OLED—Universal Display Corporation (Nasdaq: OLED) (UDC), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today announced its Executive Vice President and Chief Technical Officer, Dr. Julie Brown, will deliver a Keynote Presentation at the...
Universal Display Corporation to Deliver Keynote Address and Sponsor ICDT 2024
EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--UDC announced that it will deliver a keynote address & sponsor the International Conference on Display Technology (ICDT) (2024国际显示技术大会).
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Universal Display Corporation Announces University Lecture Series and Participation and Sponsorship of OLED Korea Conference
EWING, N.J.–(BUSINESS WIRE)–$OLED #OLED—Universal Display Corporation (Nasdaq: OLED) (UDC), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today announced its participation in University and conference lectures to support and foster Korea’s academic and scientific display communities. UDC...
Universal Display Corporation Announces University Lecture Series and Participation and Sponsorship of OLED Korea Conference
EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--UDC announced its participation in University and conference lectures to support Korea's academic and scientific display communities.
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