Every 10-Q that Universal Display Corp (OLED) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow OLED and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full OLED filings page.
Universal Display Corporation reported lower earnings for the three and six months ended June 30, 2026. Q2 2026 revenue was $152,157 (in thousands), down from $171,794 a year earlier, as material sales and contract research services both declined. Net income for the quarter was $49,421 (in thousands), compared with $67,264 in Q2 2025, with both basic and diluted EPS at $1.06 versus $1.41.
For the first half of 2026, revenue totaled $294,368 (in thousands) versus $338,071 in the prior-year period, and net income was $85,317 (in thousands) versus $131,708. Despite softer results, the business remained profitable with strong gross margin dollars and generated $133,855 (in thousands) of operating cash flow, up from $82,498. The balance sheet shows significant liquidity, including cash and cash equivalents of $120,563 and U.S. government bond investments classified as short- and long-term. The company repurchased 1,163,884 shares of common stock for approximately $114.2 million and increased quarterly cash dividends to $0.50 per share. Long-term OLED licensing and material supply agreements with major panel makers, including extended arrangements with LG Display through at least 2030, continue to underpin future revenue.
Universal Display Corporation reported weaker results for the three months ended March 31, 2026. Total revenue was $142.2 million, down from $166.3 million a year earlier, as both material sales and royalty and license fees declined.
Net income fell to $35.9 million from $64.4 million, with diluted EPS decreasing to $0.76 from $1.35, reflecting lower gross margin dollars and higher operating expenses. Despite this, cash generation was strong: operating cash flow rose to $108.9 million, helping lift cash and cash equivalents to $159.4 million alongside $776.7 million of investments.
The company continued returning capital, declaring a $0.50 per-share dividend and repurchasing 632,673 shares for $66.4 million, completing a $100 million program and authorizing a new $400 million buyback. It also closed a $50 million OLED patent acquisition from Merck KGaA and extended key OLED license and supply agreements with LG Display through at least 2030, reinforcing its long-term materials and IP position.
Universal Display Corporation reported Q3 results: revenue was $139.6 million versus $161.6 million a year ago, and net income was $44.0 million versus $66.9 million. Diluted EPS was $0.92 compared with $1.40. Operating income was $43.1 million versus $67.0 million, reflecting lower royalty and license fees and slightly softer material sales.
For the nine months, revenue totaled $477.7 million versus $485.4 million, with net income of $175.7 million. Cash from operations was $179.7 million, supporting cash and cash equivalents of $121.6 million, short-term investments of $481.4 million, and long-term U.S. government bond investments of $397.4 million as of September 30, 2025. The company declared a $0.45 per share dividend in Q3 and $1.35 year-to-date. Inventory rose to $212.6 million, primarily from strategic raw material purchases.
The company recorded an out-of-period adjustment in Q3 that reduced royalty and license fees by $9.5 million in the quarter (and $7.1 million year-to-date); management concluded it was not material to prior periods or the expected full year.