Universal Display Quarterly Income Statement
NASDAQ: OLEDTechnologyElectrical ProductsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Universal Display revenue and earnings
In the quarter ended Jun 30, 2026, Universal Display generated $152.2 million in revenue, down 11.4% from the same quarter a year earlier. Net income was $49.4 million (-26.5% year over year), for a net margin of 32.5% versus a median of 38.4% in the prior 5 quarters. Gross margin was 75.8% (down from 77.2%) and operating margin 35.3%.
Diluted earnings per share came in at $1.06, down from $1.41.
Summary generated from market data by MetaCap's automated system. Methodology
Universal Display income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 152.16M | 142.21M | 172.93M | 139.61M | 171.79M | 166.28M | 162.29M | 161.63M | 158.50M | 165.26M | 158.32M | 141.08M |
| Revenue growth (YoY) | -11.43% | -14.47% | +6.55% | -13.62% | +8.38% | +0.62% | +2.51% | +14.57% | +8.15% | +26.67% | -6.34% | -12.13% |
| Cost of Revenue | 36.79M | 36.12M | 41.30M | 35.49M | 39.20M | 38.13M | 37.35M | 35.81M | 38.33M | 36.97M | 36.02M | 34.25M |
| Gross Profit | 115.37M | 106.09M | 131.63M | 104.12M | 132.59M | 128.14M | 124.94M | 125.81M | 120.18M | 128.29M | 122.30M | 106.83M |
| Operating Expenses | 61.72M | 63.34M | 64.39M | 60.98M | 64.05M | 58.48M | 72.45M | 58.81M | 63.74M | 65.42M | 57.55M | 58.39M |
| Research & Development | 34.97M | 35.25M | 38.50M | 36.34M | 36.36M | 34.90M | 46.29M | 36.09M | 36.83M | 37.98M | 33.64M | 33.10M |
| Selling, General & Admin | 18.57M | 20.03M | 18.82M | 18.04M | 20.44M | 17.01M | 19.53M | 15.66M | 19.84M | 19.25M | 16.83M | 18.08M |
| Operating Income | 53.65M | 42.75M | 67.24M | 43.14M | 68.54M | 69.66M | 52.49M | 67.00M | 56.44M | 62.87M | 64.75M | 48.44M |
| Other Income (Expense) | 7.36M | 2.54M | 9.43M | 11.00M | 15.34M | 10.45M | 2.84M | 14.41M | 8.45M | 7.63M | 10.86M | 5.44M |
| Pretax Income | 61.00M | 45.29M | 76.67M | 54.14M | 83.88M | 80.12M | 55.33M | 81.42M | 64.89M | 70.50M | 75.61M | 53.88M |
| Income Tax | 11.58M | 9.40M | 10.32M | 10.11M | 16.61M | 15.67M | 9.31M | 14.55M | 12.55M | 13.64M | 13.63M | 2.36M |
| Net Income | 49.42M | 35.90M | 66.34M | 44.02M | 67.26M | 64.44M | 46.02M | 66.87M | 52.34M | 56.85M | 61.98M | 51.52M |
| Net Income growth (YoY) | -26.53% | -44.30% | +44.16% | -34.16% | +28.52% | +13.35% | -25.75% | +29.80% | +5.35% | +42.71% | -4.85% | -3.63% |
| EPS (Basic) | 1.06 | 0.76 | 1.40 | 0.93 | 1.41 | 1.35 | 0.97 | 1.40 | 1.10 | 1.19 | 1.30 | 1.08 |
| EPS (Diluted) | 1.06 | 0.76 | 1.40 | 0.92 | 1.41 | 1.35 | 0.96 | 1.40 | 1.10 | 1.19 | 1.29 | 1.08 |
| Shares Outstanding (Basic) | 46.65M | 47.08M | — | 47.55M | 47.59M | 47.57M | — | 47.54M | 47.55M | 47.56M | — | 47.57M |
| Shares Outstanding (Diluted) | 46.68M | 47.21M | — | 47.68M | 47.67M | 47.69M | — | 47.67M | 47.63M | 47.63M | — | 47.63M |
| EBITDA | 61.45M | 50.31M | 74.69M | 50.64M | 75.44M | 76.21M | 58.94M | 73.41M | 62.94M | 69.49M | 72.03M | 55.34M |
| Gross Margin | 75.82% | 74.60% | 76.12% | 74.58% | 77.18% | 77.07% | 76.98% | 77.84% | 75.82% | 77.63% | 77.25% | 75.72% |
| Operating Margin | 35.26% | 30.06% | 38.88% | 30.90% | 39.90% | 41.90% | 32.34% | 41.46% | 35.61% | 38.04% | 40.90% | 34.33% |
| Net Margin | 32.48% | 25.24% | 38.36% | 31.53% | 39.15% | 38.76% | 28.36% | 41.37% | 33.02% | 34.40% | 39.15% | 36.52% |
This table shows 12 quarterly periods of Universal Display's income statement, from Q2 2026 back to Q3 2023, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow OLED's reporting calendar. What is a income statement?