Income Statement - UNIVERSAL DISPLAY CORP PA (OLED)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 650.61 | 647.68 | 576.43 | 616.62 | 553.53 | 428.87 | 405.18 | 247.41 | 335.63 | 198.89 | 191.05 | 191.03 | 146.64 | 83.24 | 61.29 | 30.54 | 15.79 | 11.08 | 11.31 | 11.92 |
| Cost of revenue | 172.83 | 148.46 | 135.38 | 127.90 | 114.99 | 85.48 | 75.37 | 53.54 | 54.70 | 26.29 | 63.00 | 41.32 | 28.89 | 4.53 | 3.73 | 0.89 | 0.37 | 0.91 | 1.20 | 1.04 |
| Gross profit | 477.78 | 499.22 | 441.05 | 488.72 | 438.53 | 343.39 | 329.80 | 193.87 | 280.93 | 172.60 | 128.05 | 149.72 | 117.75 | 78.72 | 57.56 | 29.66 | 15.41 | 10.16 | 10.11 | 10.88 |
| Total operating expenses | 227.01 | 260.42 | 223.86 | 221.61 | 210.89 | 185.86 | 171.46 | 137.14 | 134.68 | 104.19 | 95.77 | 91.10 | 79.51 | 65.04 | 51.87 | 39.88 | 35.68 | 32.83 | 30.48 | 28.77 |
| Operating income | 250.78 | 238.80 | 217.19 | 267.11 | 227.64 | 157.53 | 158.34 | 56.74 | 146.25 | 68.41 | 32.28 | 58.62 | 38.24 | 13.68 | 5.69 | -10.23 | -20.27 | -22.66 | -20.37 | -17.89 |
| Non-operating income (net) | 44.02 | 33.33 | 27.98 | 1.12 | 0.60 | 6.00 | 11.56 | 7.58 | 3.29 | 0.19 | 0.78 | 0.71 | 0.76 | 1.19 | -3.25 | -9.83 | -0.37 | 2.56 | 3.59 | 2.16 |
| Income before tax | 294.80 | 272.13 | 245.17 | 268.23 | 228.25 | 163.53 | 169.91 | 64.31 | 149.54 | 68.60 | 33.06 | 59.33 | 39.01 | 14.87 | 2.44 | -20.05 | -20.64 | -20.10 | -16.78 | -15.73 |
| Income tax expense | 52.72 | 50.05 | 42.16 | 58.17 | 44.03 | 30.16 | 31.60 | 5.47 | 45.65 | 20.53 | 18.38 | 17.47 | -35.04 | 5.21 | -0.71 | -0.13 | -0.13 | -0.96 | -0.80 | -0.54 |
| Net income | 242.08 | 222.08 | 203.01 | 210.06 | 184.21 | 133.37 | 138.30 | 58.84 | 103.89 | 48.07 | 14.68 | 41.85 | 74.05 | 9.66 | 3.16 | -19.92 | -20.51 | -19.14 | -15.98 | -15.19 |
Show Quarterly Income Statement
Income Statement - UNIVERSAL DISPLAY CORP PA (OLED)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 142.21 | 172.93 | 139.61 | 171.79 | 166.28 | 162.29 | 161.63 | 158.51 | 165.26 | 158.32 | 141.08 | 146.57 | 130.47 | 169.03 | 160.56 | 136.56 | 150.47 | 146.25 | 143.62 | 129.66 | 134.00 | 141.54 | 117.08 | 57.97 | 112.28 | 101.73 | 97.52 | 118.17 | 87.77 | 70.14 | 77.55 | 56.15 | 43.57 | 115.87 | 61.68 | 102.51 | 55.57 | 74.58 | 30.21 | 64.39 | 29.70 | 62.31 | 39.42 | 58.09 | 31.22 | 56.17 | 32.89 | 64.13 | 37.84 | 49.48 | 32.83 | 49.36 | 14.98 | 28.13 | 12.50 | 29.99 | 12.62 | 18.66 | 21.78 | 11.25 | 9.60 | 10.80 | 7.06 | 8.45 | 4.25 | 4.85 | 5.15 | 2.96 | 2.83 | 3.59 | 2.63 | 2.15 | 2.72 | 2.90 | 3.08 | 2.32 | 3.01 | 2.54 | 3.10 | 3.01 | 3.27 |
| Cost of revenue | 41.81 | 45.95 | 40.21 | 43.87 | 42.79 | 37.35 | 35.81 | 38.33 | 36.97 | 36.02 | 34.25 | 32.14 | 32.97 | 30.10 | 37.40 | 27.24 | 33.16 | 32.24 | 31.48 | 27.97 | 23.30 | 27.00 | 23.38 | 12.64 | 22.46 | 18.20 | 17.29 | 24.07 | 15.81 | 18.33 | 16.12 | 11.64 | 7.46 | 16.94 | 13.47 | 11.31 | 12.99 | 9.09 | 6.46 | 5.68 | 5.05 | 8.08 | 7.25 | 39.09 | 8.58 | 12.08 | 7.39 | 11.95 | 9.90 | 7.73 | 9.78 | 8.28 | 3.09 | 0.74 | 1.09 | 1.61 | 1.09 | 2.44 | 2.41 | 0.36 | 0.31 | -1.85 | 0.33 | 0.39 | 0.10 | 0.72 | 0.28 | 0.32 | 0.17 | 0.30 | 0.37 | 0.25 | 0.30 | 0.25 | 0.37 | 0.20 | 0.38 | 0.32 | 0.25 | 0.21 | 0.26 |
| Gross profit | 100.40 | 126.97 | 99.40 | 127.93 | 123.48 | 124.94 | 125.82 | 120.18 | 128.29 | 122.30 | 106.83 | 114.43 | 97.50 | 138.93 | 123.16 | 109.32 | 117.31 | 114.00 | 112.14 | 101.69 | 110.70 | 114.55 | 93.70 | 45.33 | 89.82 | 83.53 | 80.23 | 94.10 | 71.95 | 51.82 | 61.43 | 44.51 | 36.11 | 98.93 | 48.22 | 91.20 | 42.58 | 65.48 | 23.76 | 58.71 | 24.65 | 54.23 | 32.17 | 19.01 | 22.64 | 44.10 | 25.50 | 52.18 | 27.94 | 41.75 | 23.04 | 41.08 | 11.88 | 27.40 | 11.41 | 28.38 | 11.53 | 16.22 | 19.37 | 10.89 | 9.30 | 12.64 | 6.73 | 8.06 | 4.15 | 4.14 | 4.87 | 2.64 | 2.66 | 3.28 | 2.26 | 1.90 | 2.42 | 2.65 | 2.71 | 2.11 | 2.64 | 2.23 | 2.85 | 2.80 | 3.01 |
| Total operating expenses | 57.23 | 58.14 | 56.26 | 59.39 | 53.22 | 72.45 | 58.81 | 63.74 | 65.42 | 57.56 | 58.39 | 55.79 | 52.13 | 55.85 | 54.70 | 56.01 | 55.06 | 57.54 | 54.41 | 51.80 | 47.14 | 48.77 | 45.28 | 46.51 | 45.31 | 49.04 | 39.40 | 45.43 | 37.59 | 36.55 | 35.40 | 33.60 | 31.60 | 41.05 | 32.43 | 30.68 | 30.52 | 30.72 | 26.76 | 24.68 | 22.11 | 27.60 | 23.80 | 23.77 | 20.87 | 27.02 | 19.42 | 23.34 | 21.31 | 22.33 | 18.80 | 19.35 | 19.04 | 19.03 | 17.47 | 15.47 | 13.09 | 12.65 | 13.44 | 11.96 | 12.04 | 12.85 | 10.61 | 9.97 | 8.37 | 8.31 | 8.66 | 8.95 | 8.66 | 9.08 | 8.09 | 7.83 | 7.52 | 7.78 | 6.78 | 8.11 | 7.81 | 7.77 | 6.35 | 7.65 | 7.00 |
| Operating income | 43.17 | 68.83 | 43.14 | 68.54 | 70.27 | 52.49 | 67.01 | 56.44 | 62.87 | 64.75 | 48.44 | 58.64 | 45.37 | 83.08 | 68.46 | 53.31 | 62.25 | 56.46 | 57.73 | 49.90 | 63.56 | 65.78 | 48.43 | -1.19 | 44.51 | 34.49 | 40.83 | 48.66 | 34.36 | 15.27 | 26.03 | 10.91 | 4.52 | 57.88 | 15.79 | 60.52 | 12.06 | 34.76 | -3.00 | 34.03 | 2.55 | 26.62 | 8.36 | -4.48 | 1.77 | 17.08 | 6.08 | 28.84 | 6.63 | 19.42 | 4.25 | 21.73 | -7.15 | 8.37 | -6.06 | 12.91 | -1.56 | 3.57 | 5.94 | -1.07 | -2.74 | -0.21 | -3.88 | -1.91 | -4.22 | -4.17 | -3.79 | -6.31 | -5.99 | -5.79 | -5.83 | -5.93 | -5.11 | -5.13 | -4.07 | -6.00 | -5.17 | -5.54 | -3.51 | -4.85 | -3.99 |
| Non-operating income (net) | 2.13 | 7.83 | 11.00 | 15.34 | 9.85 | 2.84 | 14.41 | 8.45 | 7.63 | 10.86 | 5.44 | 5.41 | 6.26 | -2.44 | 1.63 | 1.67 | 0.26 | 0.08 | 0.04 | 0.30 | 0.19 | 0.93 | 1.29 | 1.44 | 2.35 | 2.49 | 2.80 | 3.16 | 3.11 | 2.49 | 2.11 | 1.75 | 1.22 | 0.97 | 0.87 | 0.80 | 0.65 | 0.62 | 0.50 | -1.18 | 0.32 | 0.22 | 0.23 | 0.18 | 0.16 | 0.16 | 0.17 | 0.17 | 0.20 | 0.20 | 0.19 | 0.17 | 0.20 | 0.25 | 0.27 | 0.34 | 0.34 | 0.33 | 0.59 | 4.67 | -8.84 | -4.78 | -3.30 | -2.53 | 0.78 | -16.47 | -0.88 | -0.10 | 0.42 | -14.31 | 0.53 | 0.72 | 0.91 | -11.65 | 1.11 | 0.82 | 0.58 | -10.19 | 0.56 | 0.54 | 0.47 |
| Income before tax | 45.29 | 76.67 | 54.14 | 83.88 | 80.12 | 55.33 | 81.42 | 64.89 | 70.50 | 75.61 | 53.88 | 64.05 | 51.63 | 80.65 | 70.09 | 54.99 | 62.51 | 56.54 | 57.76 | 50.19 | 63.75 | 66.70 | 49.72 | 0.25 | 46.86 | 36.98 | 43.63 | 51.83 | 37.47 | 17.76 | 28.14 | 12.67 | 5.74 | 58.85 | 16.66 | 61.32 | 12.71 | 35.38 | -2.50 | 32.85 | 2.87 | 26.84 | 8.59 | -4.31 | 1.93 | 17.24 | 6.25 | 29.01 | 6.83 | 19.62 | 4.44 | 21.90 | -6.95 | 8.62 | -5.79 | 13.25 | -1.22 | 3.90 | 6.53 | 3.60 | -11.58 | -4.99 | -7.19 | -4.44 | -3.44 | -20.64 | -4.67 | -6.42 | -5.57 | -20.10 | -5.30 | -5.21 | -4.19 | -16.78 | -2.96 | -5.18 | -4.58 | -15.73 | -2.94 | -4.31 | -3.52 |
| Income tax expense | 9.40 | 10.32 | 10.11 | 16.61 | 15.67 | 9.31 | 14.55 | 12.55 | 13.64 | 13.63 | 2.36 | 14.38 | 11.79 | 15.51 | 16.64 | 13.48 | 12.54 | 10.67 | 11.65 | 9.65 | 12.06 | 12.80 | 9.22 | -0.56 | 8.70 | 10.55 | 6.67 | 8.39 | 6.00 | -1.49 | 5.33 | 1.85 | -0.22 | 26.04 | 3.14 | 14.13 | 2.35 | 9.56 | -1.00 | 11.05 | 0.92 | 8.75 | 1.54 | 7.47 | 0.62 | 4.11 | 1.97 | 8.59 | 2.81 | -38.27 | -1.10 | 6.52 | -2.19 | 3.24 | -0.33 | 2.29 | 0.36 | -1.84 | 0.54 | 0.29 | 0.30 | 0.33 | 3.30 | 2.53 | -0.46 | -0.13 | 0.88 | 0.00 | -0.42 | -0.96 | 0.00 | 0.00 | 0.00 | -0.80 | 0.00 | 0.00 | 0.00 | -0.54 | 0.00 | 0.00 | 0.00 |
| Net income | 35.90 | 66.34 | 44.03 | 67.26 | 64.44 | 45.95 | 66.87 | 52.34 | 56.85 | 61.98 | 51.52 | 49.68 | 39.84 | 65.13 | 53.17 | 41.27 | 49.65 | 45.88 | 45.85 | 40.29 | 51.33 | 53.51 | 40.22 | 0.81 | 37.82 | 26.24 | 36.70 | 43.12 | 31.15 | 19.04 | 22.58 | 10.69 | 5.87 | 32.32 | 13.32 | 46.46 | 10.17 | 25.82 | -1.50 | 21.80 | 1.92 | 18.09 | 7.05 | -11.77 | 1.31 | 13.13 | 4.28 | 20.42 | 4.02 | 57.89 | 5.54 | 15.38 | -4.76 | 5.39 | -5.47 | 10.96 | -1.22 | 5.73 | 5.99 | 3.31 | -11.88 | -5.32 | -7.19 | -4.44 | -2.98 | -3.85 | -4.67 | -6.42 | -5.57 | -4.44 | -5.30 | -5.21 | -4.19 | -3.26 | -2.96 | -5.18 | -4.58 | -4.41 | -2.94 | -4.31 | -3.52 |