UNIVERSAL DISPLAY CORP \PA\

OLED · XNAS

CIK 1005284fmd_0GXH5QT67G2GJY3XB6BDKPF0SJManufacturing · Electronic Components & AccessoriesTemplate: Standard

Coverage: Jan 01, 2009 to Sep 30, 2026, 68 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	199	336	247	405	429	554	617	576	648	651
Cost of revenue	26	55	54	75	85	115	128	135	148	154
Gross profit	173	281	194	330	343	439	489	441	499	496
Research and development	43	49	54	71	84	100	117	130	157	146
Selling, general and administrative	33	47	47	60	61	80	78	67	74	74
Total operating expenses	104	135	137	171	186	211	222	224	260	248
Operating income	68	146	57	158	158	228	267	217	239	249
Interest expense	–	–	–	–	–	–	–	–	–	–
Interest and investment income	–	–	–	–	–	–	–	–	–	–
Other non-operating income (expense)	0	3	8	12	6	1	1	28	33	46
Income before taxes	69	150	64	170	164	228	268	245	272	295
Income tax expense	21	46	5	32	30	44	58	42	50	53
Net income from continuing operations	48	104	59	138	133	184	210	203	222	242
Net income	48	104	59	138	133	184	210	203	222	242
Net income to common shareholders	47	102	58	137	132	183	209	202	222	242