Universal Display Corporation develops and commercializes OLED technologies and materials for display and solid-state lighting applications. The company licenses proprietary OLED technologies, including UniversalPHOLED phosphorescent OLED technology, supplies OLED materials, and supports customers through technology transfer, collaborative development, and training.
News about OLED commonly covers quarterly financial results, material sales and licensing activity, long-term customer agreements, OLED emissive-layer advances, high-efficiency blue technology, technical presentations at display-industry conferences, and capital-return actions such as dividends and share repurchase authorizations.
Universal Display (OLED) reported third-quarter 2026 revenue of $160.4 million, up from the same quarter a year earlier. Net income rose to $78.9 million, or $1.72 per diluted share, from $44.0 million, or $0.92. Earnings included a $28.9 million investment gain; adjusted net income excluding that gain and related tax expense was $56.2 million. Royalty and license revenue increased to $75.5 million from $53.3 million, while material sales fell to $79.7 million from $82.6 million. Total gross margin narrowed to 73% from 75%.
Nine-month revenue declined to $454.8 million from $477.7 million, and net income fell to $164.3 million from $175.7 million. The company still expects 2026 revenue around the lower end of its previous $630 million to $670 million range. Third-quarter share repurchases totaled $78.8 million. A $0.50-per-share fourth-quarter dividend is payable December 31, 2026.
Universal Display (Nasdaq: OLED) approved a fourth-quarter cash dividend of $0.50 per share on its common stock through its Board of Directors.
The dividend is payable on December 31, 2026, to shareholders of record on December 17, 2026. The company said the dividend reflects expected continued cash flow generation and its commitment to returning capital to shareholders. Future dividends remain subject to Board approval.
Universal Display (Nasdaq: OLED) and Audi celebrated ten years of OLED technology in Audi production vehicles, alongside lighting manufacturer OLEDWorks. Audi introduced OLED rear lighting in the TT RS in 2016. The anniversary follows an Audi event in Ingolstadt, Germany.
Universal Display’s OLED technologies and phosphorescent materials have contributed to Audi’s lighting development. Digital OLED systems now support customizable light signatures and vehicle communication functions. The companies continue to explore further automotive lighting applications, with Universal Display seeing opportunities to extend the technology’s capabilities.
Universal Display (OLED) has been named to Newsweek’s America's Greenest Companies 2027 list, which recognizes environmental sustainability performance. The annual ranking, presented with Plant-A Insights Group and GIST Impact, includes 650 U.S. companies selected from more than 6,000 public and private companies evaluated using publicly available sustainability data.
The assessment covered more than 25 sustainability criteria across greenhouse gas emissions, water usage, waste generation, and sustainability commitments and disclosures.
Universal Display (OLED), through its wholly owned subsidiary Universal Vapor Jet Corporation, launched NovaJet, its first commercial Universal Vapor Jet Printing system.
NovaJet is available to order now and ready for deployment at customer sites. Developed and built in Singapore, it deposits functional materials onto surfaces using a dry, solvent-free process. UVJC designed the platform to help customers evaluate materials and validate deposition processes before moving toward manufacturing. Once a process is validated, UVJC can support production transition with tailored process technology and, depending on customer needs, larger-scale or customised systems over time.
Universal Display (Nasdaq: OLED) will release its third-quarter 2026 results after market close on October 28, 2026, and host an earnings call. The quarter ended September 30, 2026. The call begins at 5:00 p.m. Eastern Time, with a live webcast on the investor relations website. Financial results will be available on the company website, and a webcast archive will be available within two hours of the call’s conclusion.
Universal Display (Nasdaq: OLED) announced that UDC Korea received the Forbes 2026 Korea Trusted Innovation Award for its OLED technology. The award’s Technology Innovation category recognized phosphorescent OLED materials and technology. Forbes Korea and JoongAng Ilbo organized the awards, using a trust-focused evaluation framework that considers innovation, market leadership and long-term value creation. UDC Korea was honored at a ceremony in Seoul on September 29, 2026.
Universal Display Corporation (OLED) announced that Scientific Advisory Board members Stephen R. Forrest and Mark E. Thompson have been named 2026 Clarivate Citation Laureates in Physics. Clarivate honored them, together with Chihaya Adachi of Kyushu University, for pioneering research on phosphorescent OLEDs (PHOLEDs) and thermally activated delayed fluorescence (TADF), which enable ultrahigh-efficiency OLED devices.
Universal Display highlights that Forrest and Thompson’s work helped lay the scientific foundation for the company and the broader OLED industry. The company positions itself as a leader in research, development and commercialization of OLED technologies and materials, including its high-efficiency UniversalPHOLED® technology for displays and solid-state lighting.
Universal Vapor Jet Corporation (UVJC), a wholly-owned subsidiary of Universal Display Corporation (Nasdaq: OLED), will launch NovaJet, the first commercial system based on its Universal Vapor Jet Printing (UVJP) platform, at the WESEMiBAY Semiconductor Ecosystem Conference and Expo in Shenzhen, China, from 14 to 16 October 2026.
NovaJet showcases a dry, solvent-free and maskless thin-film deposition process aimed at manufacturers seeking precise, flexible and efficient paths from materials research to production. At Booth 8G03, UVJC will display a scale model of NovaJet along with coated substrates and printed samples made on the production system operating at its Singapore headquarters. UVJP is a dry vapour-phase, digitally patterned process that enables precise material placement without substrate heating, supports multiple materials and graded compositions in a single step, and targets applications in semiconductors, electronics, life sciences and renewable energy.
Universal Display Corporation (Nasdaq: OLED) marked the 10th year of its UDC Innovative Research and Pioneering Technology Awards at IMID 2026 in Busan, Korea, held August 18–21. The awards, organized with IMID and KIDS, honor impactful research in organic electronics and display technologies.
According to the company, the 2026 UDC Innovative Research Award went to a multi-institution team from Sungkyunkwan University and the University of Michigan for work on extending blue PHOLED device lifetime via plexciton engineering. The UDC Pioneering Technology Award recognized researchers from Yonsei University and LG Display for developing a low-flicker LTPO AMOLED pixel using a charge-injection-blocking capacitor.