Universal Display Income Statement
OLED / Information Technology|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Universal Display reported $651M in revenue and $242M in net income for FY2025. Revenue has grown at a 18.4% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 5.20 (safe zone, above 2.9 threshold)
- Strong profit margin: 34.3%
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $650.6M | $647.7M | $576.4M | $428.9M | $405.2M | $247.4M | $335.6M | $198.9M | $191.0M | $191.0M | $191.0M | $191.0M | $61.3M | $30.5M | $61.3M |
| Cost of Revenue | $154.1M | $148.5M | $135.4M | $85.5M | $75.4M | $53.5M | $54.7M | $26.3M | $63.0M | $41.3M | $63.0M | $41.3M | $3.7M | $888.0K | $3.7M |
| Gross Profit | $496.5M | $499.2M | $441.1M | $343.4M | $329.8M | $193.9M | $280.9M | $172.6M | $128.0M | $149.7M | $128.0M | $149.7M | - | - | - |
| SG&A Expense | $74.3M | $74.3M | $67.4M | $61.3M | $59.6M | $47.0M | $46.8M | $32.9M | $29.0M | $28.1M | $29.0M | $28.1M | $18.9M | $13.0M | $18.9M |
| R&D Expense | $146.1M | $157.2M | $130.5M | $83.9M | $71.3M | $53.7M | $49.1M | $42.7M | $44.6M | $41.2M | $44.6M | $41.2M | $24.1M | $21.7M | $24.1M |
| Operating Income | $248.6M | $238.8M | $217.2M | $157.5M | $158.3M | $56.7M | $146.2M | $68.4M | $32.3M | $58.6M | $32.3M | $58.6M | $5.7M | -$10.2M | $5.7M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | $54.0K | $70.0K | $50.0K | $27.0K | $50.0K |
| Income Tax | $52.7M | $50.0M | $42.2M | $30.2M | $31.6M | $5.5M | $45.7M | $20.5M | $18.4M | $17.5M | $18.4M | $17.5M | -$714.0K | -$134.0K | -$714.0K |
| Net Income | $242.1M | $222.1M | $203.0M | $133.4M | $138.3M | $58.8M | $103.9M | $48.1M | $14.7M | $41.9M | $103.9M | $41.9M | $3.2M | -$19.9M | $3.2M |
| EPS (Basic) | $4.25 | $4.41 | $3.87 | $2.80 | $2.92 | $1.24 | $2.19 | $1.02 | $0.31 | $0.90 | $1.61 | $0.21 | $0.07 | -$0.53 | $0.07 |
| EPS (Diluted) | $4.24 | $4.40 | $3.87 | $2.80 | $2.92 | $1.24 | $2.18 | $1.02 | $0.31 | $0.90 | $1.59 | $0.21 | $0.07 | -$0.53 | $0.07 |
| Shares Outstanding | 47.5M | 47.4M | 47.8M | 47.7M | 47.6M | 47.5M | 47.3M | 47.1M | 46.9M | 46.8M | 47.1M | 46.8M | 46.6M | 46.1M | 45.1M |
| Gross Margin | 76.3% | 77.1% | 76.5% | 80.1% | 81.4% | 78.4% | 83.7% | 86.8% | 67.0% | 78.4% | 67.0% | 78.4% | - | - | - |
| Operating Margin | 38.2% | 36.9% | 37.7% | 36.7% | 39.1% | 22.9% | 43.6% | 34.4% | 16.9% | 30.7% | 16.9% | 30.7% | 9.3% | -33.5% | 9.3% |
| Profit Margin | 37.2% | 34.3% | 35.2% | 31.1% | 34.1% | 23.8% | 30.9% | 24.2% | 7.7% | 21.9% | 54.4% | 21.9% | 5.1% | -65.2% | 5.1% |