The financials
Universal Display Corporation by the numbers
Universal Display Corporation (OLED) reported revenue of $142M in Q1 2026 (quarter ended Mar 31, 2026), down 14% from the same quarter a year earlier. That came with a gross margin of 75% and net income of $36M (25% of revenue). For the full year FY2025, revenue was $651M (+0.5% year on year) and net income $242M. Its largest region in Jun 2026 was South Korea at $87M, 58% of the disclosed total, ahead of China at 39%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $142M | $166M | −14% |
| Gross profit | $106M | $128M | −17% |
| Operating income | $43M | $70M | −39% |
| Net income | $36M | $64M | −44% |
| Diluted EPS | $0.76 | $1.35 | −44% |
| Geographic | Revenue | Share |
|---|---|---|
| South Korea | $87M | 58% |
| China | $59M | 39% |
| United States | $5.1M | 3.3% |
| Japan | $211K | 0.1% |
Business Segments
Revenue split by geographic segment, from SEC XBRL filings.
Latest period: Jun 2026Total $151.8M (+7.0%)
South Korea grew +1.0% year on yearJapan -88% year on year
Segment Latestquarter on quarteryear on year
- South Korea$87.4M$87.4MQoQ -6.2%year on year +1.0%-6.2%+1.0%
- China$59.1M$59.1MQoQ +35%year on year -22%+35%-22%
- United States$5.1M$5.1MQoQ +7.4%year on year -29%+7.4%-29%
- Japan$211.0K$211.0KQoQ -43%year on year -88%-43%-88%
Electronic Components
Ranks #6 of 19 by Smart Score