Earnings summaries and quarterly performance for UNIVERSAL DISPLAY CORP \PA\.
Executive leadership at UNIVERSAL DISPLAY CORP \PA\.
Steven Abramson
Detailed
President and Chief Executive Officer
CEO
BM
Brian Millard
Detailed
Vice President, Chief Financial Officer and Treasurer
JM
Janice Mahon
Detailed
Senior Vice President, Technology Commercialization and General Manager, Commercial Sales Business
JB
Julia Brown
Detailed
Executive Vice President and Chief Technical Officer
MP
Mauro Premutico
Detailed
Senior Vice President, Planning, Chief Legal Officer and Secretary
Board of directors at UNIVERSAL DISPLAY CORP \PA\.
AW
April Walker
Detailed
Director
CJ
Celia Joseph
Detailed
Director
CC
Cynthia Comparin
Detailed
Director
EG
Elizabeth Gemmill
Detailed
Lead Independent Director
JL
Joan Lau
Detailed
Director
KH
Keith Hartley
Detailed
Director
LL
Lawrence Lacerte
Detailed
Director
NB
Nigel Brown
Detailed
Director
RE
Richard Elias
Detailed
Director
SR
Sidney Rosenblatt
Detailed
Chair of the Board
Research analysts who have asked questions during UNIVERSAL DISPLAY CORP \PA\ earnings calls.
MY
Martin Yang
Oppenheimer & Co. Inc.
4 questions for OLED
Also covers: AMBA, APP, CEVA +12 more
SS
Scott Searle
ROTH MKM
4 questions for OLED
Also covers: ADEA, AIOT, AIRG +21 more
JR
James Ricchiuti
Needham & Company, LLC
3 questions for OLED
Also covers: AEIS, BELFA, BHE +20 more
BL
Brian Lee
Goldman Sachs Group, Inc.
2 questions for OLED
Also covers: ARRY, AYI, CCJ +19 more
MH
Mehdi Hosseini
Susquehanna Financial Group
2 questions for OLED
Also covers: AEIS, ALAB, AMAT +19 more
NH
Nam Hyung Kim
Arete Research
2 questions for OLED
Also covers: RMBS, SNDK
AM
Atif Malik
Citigroup Inc.
1 question for OLED
Also covers: AAPL, ALAB, AMAT +11 more
HO
Hadi Orabi
TD Cowen
1 question for OLED
Also covers: STX
TB
Tyler Bisset
Goldman Sachs
1 question for OLED
Also covers: HASI, JKS, OKLO +2 more
Recent press releases and 8-K filings for OLED.
Universal Display Corp Highlights OLED Market Growth, New Capacity, and Blue OLED Progress at Needham Conference
OLED
New Projects/Investments
Revenue Acceleration/Inflection
Product Launch
- Universal Display Corp (UDC) sees significant growth opportunities in the OLED market, with smartphones over 60% penetrated, TVs at roughly 3%, and the IT market (tablets, laptops, monitors) at about 5% penetration, the latter showing the most significant momentum.
- New Gen 8.6 capacity investments totaling more than $20 billion are coming online, primarily for the IT market, with Samsung's line expected in Q2 2026 and BOE's in Q3 2026, representing a significant tailwind for UDC.
- The adoption of tandem architecture in IT products, which uses one and a half to two times the quantity of UDC's material per inch compared to single-layer displays, is a key growth driver due to its ability to provide greater brightness or longer display lifetime.
- Regarding phosphorescent blue OLED, LG Display showcased an approach in May 2025 using UDC's material in a tandem structure, demonstrating a 15% increase in energy efficiency and commercial performance, though UDC acknowledges the timeline has been longer than expected.
- UDC maintains a strong financial position with roughly $1 billion in cash as of September (2025) and focuses on capital allocation through business growth investments (including IP acquisitions like Merck's) and returning capital to shareholders via dividends and buybacks.
13 hours ago
Universal Display Corp. Discusses OLED Market Growth, New Capacity, and Blue Material Development
OLED
New Projects/Investments
Product Launch
Share Buyback
- The OLED market is experiencing significant growth, particularly in the IT segment (currently 5% penetrated), driven by new 8.6 Gen capacity investments from Samsung and BOE, totaling approximately $12 billion, expected online in Q2 and Q3 2026.
- Universal Display Corp. is advancing key technologies, including the Tandem architecture, which requires 1.5 to 2 times more material and is being adopted in premium IT products, and phosphorescent blue material, which could boost display energy efficiency by up to 25%.
- The company recently secured a new long-term OLED material supply agreement with Tianma (announced in early January 2026) and is finalizing a new contract with LG Display, whose previous agreement expired in December 2025.
- Universal Display Corp. maintains a strong financial position with approximately $1 billion in cash as of September 2025, allocating capital towards business growth through IP investments and acquisitions, as well as shareholder returns via dividends and share buybacks.
14 hours ago
Universal Display Corp Discusses IT Market Growth, Blue Material Development, and Contract Renewals
OLED
New Projects/Investments
Revenue Acceleration/Inflection
Product Launch
- Universal Display Corp (OLED) anticipates significant growth in the IT market, currently only about 5% penetrated, driven by new 8.6 Gen fab capacity from customers like Samsung and BOE expected to come online in Q2 and Q3 2026. This new capacity is a key tailwind for the business.
- Development of phosphorescent blue material continues, with LG Display having showcased a commercially performing display in May 2025 that could increase energy efficiency by up to 25%; however, commercial product introduction timelines are still being determined.
- The company recently renewed a long-term material supply agreement with Tianma and is actively working on finalizing a new deal with LG Display following the expiration of their previous contract in December 2025.
- OLED maintains a strong financial position with approximately $1 billion in cash as of September, which it allocates to IP investments, potential acquisitions, and shareholder returns via dividends and buybacks.
14 hours ago
Universal Display Corporation and Tianma Sign Long-Term OLED Agreements
OLED
New Projects/Investments
- Universal Display Corporation (UDC) and Tianma have entered into new long-term OLED material supply and license agreements.
- Under these agreements, UDC will continue to provide its proprietary UniversalPHOLED® phosphorescent OLED materials and cutting-edge technologies to Tianma, supporting Tianma’s next-generation OLED displays.
- The agreements reinforce the existing partnership between the companies, with UDC aiming to broaden its presence in China; financial terms were not disclosed.
Jan 5, 2026, 9:15 PM
Universal Display discusses OLED market growth and financial strategy
OLED
New Projects/Investments
Revenue Acceleration/Inflection
Dividends
- Universal Display (UDC) is a key OLED material supplier, with commercialized red and green phosphorescent emitter materials and ongoing progress in blue phosphorescent material, notably with LG Display having produced a commercially performing panel using UDC's blue material.
- The company identifies the IT market (tablets, laptops, monitors) as a significant growth opportunity, currently at ~5% OLED penetration, with new capacity investments from major customers like Samsung and BOE expected to come online by mid-2026.
- UDC maintains strong gross margins of 76%-77% and anticipates future growth from increasing adoption of foldable smartphones and continued unit growth in the TV market.
- The company's revenue streams include material sales and licensing of its 7,000+ patents, and it returns capital through an annually increasing dividend program and a share buyback authorization.
Dec 9, 2025, 11:00 AM
Universal Display Highlights Growth Opportunities in OLED Markets and Strategic Initiatives
OLED
New Projects/Investments
Product Launch
Dividends
- Universal Display Corporation (UDC) projects significant growth in smartphones (especially foldables), TVs, and the IT market (tablets, laptops, and monitors), with new IT capacity from Samsung and BOE expected online by mid-2026. The IT market is particularly compelling due to its low current penetration and the use of tandem structures that require more material per device.
- The company is advancing its blue phosphorescent material, which is expected to increase display energy efficiency by approximately 25% compared to current fluorescent blue emitters. LG Display demonstrated a commercially performing panel using UDC's blue material in May 2025.
- UDC maintains strong gross margins of 76%-77% this year, supported by long-term customer agreements. The company balances capital return through an annually increasing dividend and a share buyback program with strategic investments in R&D and the recent acquisition of a patent portfolio from Merck.
Dec 9, 2025, 11:00 AM
Universal Display Highlights Growth Opportunities in OLED Markets and Blue Material Development
OLED
New Projects/Investments
Revenue Acceleration/Inflection
Product Launch
- Universal Display (UDC) is a key OLED material supplier, having commercialized red and green phosphorescent emitters and actively developing a blue phosphorescent material, which is anticipated to increase display energy efficiency by approximately 25% upon commercial introduction.
- The company's primary markets include smartphones, with roughly 60% penetration (nearly 100% in premium models), TVs at about 3% penetration, and the IT market (tablets, laptops, and monitors) with 5% penetration but identified as the biggest growth opportunity for the next few years.
- For 2026, UDC anticipates growth from increasing momentum in foldable smartphones, projected TV unit growth, and significant expansion in the IT market as new capacity from customers like Samsung and BOE comes online. IT products are particularly compelling due to their tandem structure, requiring more material per square inch.
- UDC's business model integrates material sales with the licensing of its extensive portfolio of 7,000+ patents, and its manufacturing is supported by a 25-year partnership with PPG.
Dec 9, 2025, 11:00 AM
Universal Display Reports Q3 2025 Results and Updates Full-Year Guidance
OLED
Earnings
Guidance Update
M&A
- Universal Display reported Q3 2025 revenue of $140 million, operating profit of $43 million, and net income of $44 million, or $0.92 per diluted share.
- The company now expects full-year 2025 revenues to be around the lower end of its $650-$700 million guidance range , with Q4 2025 revenue projected to be a record quarter.
- Universal Display announced a definitive agreement to acquire OLED patent assets from Merck KGaA for $50 million, with the transaction expected to close in January 2026.
- Future growth is anticipated from rising OLED adoption in IT applications, with new Gen 8.6 OLED fabs slated to come online in 2026, and the expected commercialization of phosphorescent blue technology.
Nov 6, 2025, 10:00 PM
Universal Display Corporation Announces Q3 2025 Financial Results, Revised Guidance, and Patent Acquisition
OLED
Earnings
Guidance Update
M&A
- Universal Display Corporation reported total revenue of $139.6 million and net income of $44.0 million, or $0.92 per diluted share, for the third quarter ended September 30, 2025.
- The company revised its 2025 revenue guidance, now expecting it to be around the lower end of its previous range of $650 million to $700 million.
- Universal Display Corporation agreed to acquire OLED patent assets from Merck KGaA for a $50 million cash payment, with the transaction expected to close in January 2026.
- A fourth quarter cash dividend of $0.45 per share was announced, payable on December 31, 2025.
Nov 6, 2025, 9:10 PM
Universal Display Discusses IT Market Growth, Blue PHOLED Progress, and Capital Allocation
OLED
New Projects/Investments
Share Buyback
Guidance Update
- Universal Display anticipates significant growth in the IT market, with current OLED penetration at approximately 5% globally and key customers like Samsung, BOE, and Visionox announcing new CapEx plans for IT capacity. Tandem structures, frequently used in IT products, are expected to require 1.5 to 2 times more material consumption for UDC compared to single-layer structures.
- LG's recent announcement of a display utilizing UDC's phosphorescent blue material in a hybrid tandem panel is a significant development, demonstrating a 15% reduction in energy consumption and representing an entirely new revenue stream for UDC. While the original timeline for commercial performance was 2024, challenges, particularly with lifetime characteristics, caused delays, and no new specific timeline for a standalone blue or all-phosphorescent RGB architecture has been provided.
- The company's board authorized a $100 million share buyback in late April, which will be deployed opportunistically, complementing their historical dividend program as part of their capital allocation strategy that prioritizes organic R&D and M&A.
- Universal Display is increasingly optimistic about the automotive market, where only about 1% of the 85 million new vehicles sold annually currently incorporate OLED products, indicating substantial growth potential through increased penetration and content per vehicle.
Aug 12, 2025, 4:05 PM
Quarterly earnings call transcripts for UNIVERSAL DISPLAY CORP \PA\.
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