Universal Display Cash Flow Statement
NASDAQ: OLEDTechnologyElectrical ProductsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Universal Display free cash flow
In fiscal 2025, Universal Display generated $210.8 million of operating cash flow and spent $56.5 million on capital expenditures. That left free cash flow of $154.4 million, a free-cash-flow margin of 23.7% of revenue. Free cash flow was down 26.9% from the prior year's $211.1 million.
Universal Display returned $118.4 million to shareholders: $85.5 million in dividends and $32.9 million in share repurchases, equal to 77% of free cash flow. Free cash flow covered dividend payments 1.8 times.
Summary generated from market data by MetaCap's automated system. Methodology
Universal Display cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 242.07M | 222.08M | 203.01M | 210.06M | 184.21M | 133.37M | 138.30M | 58.84M | 103.89M | 48.07M |
| Net Income growth (YoY) | +9.00% | +9.39% | -3.36% | +14.03% | +38.12% | -3.57% | +135.05% | -43.36% | +116.11% | -53.73% |
| Depreciation & Amortization | 28.39M | 25.94M | 27.41M | 24.82M | 19.97M | 15.22M | 12.46M | 8.61M | 4.92M | 4.27M |
| Stock-Based Compensation | 28.23M | 30.03M | 24.11M | 29.95M | 34.87M | 26.63M | 16.15M | 12.43M | 12.28M | 11.37M |
| Change in Working Capital | -14.85M | 10.45M | -47.30M | -74.89M | -28.70M | -12.68M | 155.51M | 82.37M | -2.54M | 8.93M |
| Operating Cash Flow | 210.83M | 253.74M | 154.78M | 126.81M | 191.10M | 148.79M | 193.91M | 121.80M | 133.37M | 80.34M |
| Capital Expenditures | -56.47M | -42.64M | -59.79M | -42.50M | -43.16M | -27.99M | -30.06M | -25.39M | -29.80M | -7.30M |
| Investing Cash Flow | -45.48M | -164.41M | -83.29M | -280.74M | -457.75M | 391.26M | -238.71M | -21.00M | -125.58M | -38.47M |
| Dividends Paid | -85.55M | -76.17M | -66.73M | -57.00M | -37.93M | -28.45M | -18.85M | -11.31M | -5.65M | — |
| Share Repurchases | -32.88M | 0 | 0 | — | 0 | 0 | -649.00K | -477.00K | — | — |
| Financing Cash Flow | -125.98M | -82.33M | -72.93M | -64.64M | -51.37M | -41.66M | -34.59M | -22.61M | -14.31M | -14.00K |
| Net Change in Cash | 39.37M | 7.00M | -1.45M | -218.56M | -318.02M | 498.38M | -79.39M | 78.18M | -6.53M | 41.85M |
| Free Cash Flow | 154.36M | 211.10M | 94.98M | 84.32M | 147.94M | 120.80M | 163.85M | 96.41M | 103.56M | 73.04M |
This table shows 10 annual periods of Universal Display's cash flow statement, from FY 2025 back to FY 2016, across 12 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow OLED's reporting calendar. What is a cash flow statement?