OLED · XBRL financial data

Universal Display financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (OLED's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	429	554	617	576	648	651
Revenue from contracts with customers	429	554	617	576	648	651
Cost of goods and services sold	85	115	128	135	148	154
Gross profit	343	439	489	441	499	496
Research and development	84	100	117	130	157	146
Selling, general and administrative	61	80	78	67	74	74
Total operating expenses	186	211	222	224	260	248
Operating income (loss)	158	228	267	217	239	249
Other income (expense)	1	0	(7)	(0)	(7)	7
Income tax expense (benefit)	30	44	58	42	50	53
Net income (loss)	133	184	210	203	222	242
Earnings per share, basic USD per share	2.80	3.87	4.41	4.25	4.66	5.09
Earnings per share, diluted USD per share	2.80	3.87	4.40	4.24	4.65	5.08
Weighted average shares, basic millions of shares	47	47	47	48	48	48
Weighted average shares, diluted millions of shares	47	47	47	48	48	48

Fiscal years (OLED's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	630	312	93	92	99	138
Short-term investments	100	351	484	422	394	464
Accounts receivable	82	108	93	140	114	120
Inventory	92	134	183	176	183	241
Total current assets	925	926	899	917	900	1,087
Property and equipment, net	102	129	143	175	195	215
Right-of-use asset	9	31	31	25	20	20
Goodwill	16	16	16	16	16	16
Total assets	1,269	1,467	1,533	1,669	1,832	1,964
Accounts payable	14	15	10	11	37	23
Accrued liabilities	41	45	51	52	46	53
Total current liabilities	165	188	136	119	125	108
Lease liability, non-current	7	27	29	23	19	19
Total liabilities	357	367	257	222	216	203
Retained earnings	354	500	653	790	935	1,090
Total stockholders' equity	913	1,100	1,275	1,447	1,617	1,761
Total liabilities and equity	1,269	1,467	1,533	1,669	1,832	1,964
Common shares outstanding (cover page) millions of shares	47	48	47	47	47	47

Fiscal years (OLED's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	133	184	210	203	222	242
Stock-based compensation	27	35	28	22	30	28
Net cash from operating activities	149	191	127	155	254	211
Purchases of property and equipment	28	43	42	60	43	56
Net cash from investing activities	391	(458)	(281)	(83)	(164)	(45)
Proceeds from issuing common stock	1	2	2	2	2	2
Share repurchases	0	0	—	0	0	33
Dividends paid	28	38	57	67	76	86
Net cash from financing activities	(42)	(51)	(65)	(73)	(82)	(126)
Net change in cash	498	(318)	(219)	(1)	7	39

SIC 3670 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3670 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Universal Display	93	160	100*	45.0M	—	Q3 FY26 10-QSep 30, 2026
SITIME	1,921	157	40*	30.1M	—	Q2 FY26 10-QJun 30, 2026
SkyWater Technology	13	156	(14)*	49.4M	0.9 quarters	Q2 FY26 10-QJun 28, 2026
CTS	144	150	44*	28.5M	—	Q3 FY26 10-QSep 30, 2026
Cerebras Systems	6,742	180	(60)*	not reported	132.4 quarters	Q2 FY26 10-QJun 30, 2026
Wolfspeed	576	150*	(54)*	53.0M	20.0 quarters	Q4 FY26 10-KJun 28, 2026
Applied Optoelectronics	500	192	12*	84.6M	—	Q2 FY26 10-QJun 30, 2026
Shoals Technologies Group	7.7	195	29*	not reported	—	Q3 FY26 10-QSep 30, 2026
Vicor	513	197	50*	not reported	—	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.