Company Analysis

Universal Display Corporation (OLED)

Nasdaq: OLED · Electronic Components & Accessories · Ewing, NJ · filing with the SEC since 1996
Grade7.0
◀ Past 7.1● Present 7.4▶ Future 6.5

The grade of Universal Display Corporation

Nine metrics read from its own filings, by tense
Headline grade
7.0/10
◀ Past7.130% of the headline
● Present7.440% of the headline
▶ Future6.530% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

7.1/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.6/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 33% of this tense · 76th percentile among 43 sector filers · read for itself

From the record

Universal Display Corporation's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
7.0/10

What has it actually done, year after year?

+14.1% a year over 10 filed years; profitable in 10 of 10.

weight 45% of this tense · 71st percentile among 42 sector filers · read for its customers

From the record

Universal Display Corporation's 10 filed years say what it did: revenue went from $199 million in fiscal 2016 to $651 million in fiscal 2025, up 14.1% a year; it rose in 7 of 9 years; the deepest fall was 26% from fiscal 2017 to fiscal 2018; net income was positive in 10 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span14.1%top 23% of its family
  • the share of years revenue rosetop 20% of its family
  • the share of filed years with a profittop 14% of its family
  • the deepest fall from a revenue peak26.3%bottom 39% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
6.7/10

How has it treated the people who own it?

Share count grew 0.1% a year. 42% of cash flow returned. Insiders: 2 sales, 7 purchases.

weight 22% of this tense · 67th percentile among 28 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Universal Display Corporation's diluted share count grew about 0.1% a year, and dividends and buybacks returned about 42% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 2 sales and 7 purchases of their own stock on the open market in the year to 2026-10-09, buying about $1 million (their Form 4 filings).

What it rests on

  • the share count over the yearstop 41% of its family
  • cash returned against operating cash flowtop 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

7.4/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
6.9/10

Is it financially healthy right now?

ROE 14%: 14¢ of profit per shareholder dollar. Leverage 10%: owes 10¢ per asset dollar.

weight 45% of this tense · 69th percentile among 42 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Universal Display Corporation earned about 14 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 25 cents per dollar of everything the company owns. Leverage: it owed about 10 cents per dollar of assets, and net share issuance: its share count was unchanged over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 4% of its family
  • return on equitytop 31% of its family
  • gross profit against assetstop 49% of its family
  • the share count against the year beforetop 41% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.5/10

How strong is its position in its industry?

top 35% of 42 in its family; net margin 37.2%.

weight 33% of this tense · 65th percentile among 42 sector filers · read for its customers

From the record

Universal Display Corporation's standing among 42 graded names in its industry family: revenue of $651 million in fiscal 2025 ranks in the bottom 40% by size; a net margin of 37.2% ranks in the top 4%; revenue growth of 1.8% a year over the last 3 filed years ranks in the top 42% (its annual reports).

What it rests on

  • revenue against the family$651Mbottom 40% of its family
  • net margin37.2%top 4% of its family
  • three-year revenue growth1.8%top 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
9.7/10

What are the people in charge doing?

top 3% of 30 in its family for leadership; chief executive since 2008.

weight 22% of this tense · 97th percentile among 30 sector filers · read for its shareholders

From the record

Universal Display Corporation's leadership, from its insiders' filings and its current reports: the chief executive on the record is Abramson, Steven V (President and CEO, as filed), filing under that title since 2008-01-11, 18.8 years (top 2% of its family); the 15 officers and directors filing in the last fifteen months have been on the record a median of 14.4 years (top 2%); 2 officer or director changes were reported on Form 8-K since 2023-11-13, against the 15 people in charge now (top 6%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge2 in three years among 15 peopletop 6% of its family
  • the median years the people in charge have filed14.4 yearstop 2% of its family
  • the chief executive's years on the record18.8 yearstop 2% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

6.5/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
8.8/10

How much room does it have to grow?

top 13% of 42 in its family for room to expand.

weight 45% of this tense · 87th percentile among 42 sector filers · read for itself

From the record

Universal Display Corporation's room to grow, from the newest filed statements (fiscal 2025): cash of $138 million against no long-term debt tagged leaves 7% of its assets as net cash, top 38% of its family; cash from operations less capital spending is 23.7% of revenue (top 1%); a gross margin of 76.3% (top 1%); research spending of 22.5% of revenue (top 10%) (its annual report).

What it rests on

  • cash less debt against assets7.0%top 38% of its family
  • cash from operations less capital spending against revenue23.7%top 1% of its family
  • gross margin76.3%top 1% of its family
  • research spending against revenue22.5%top 10% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
4.5/10

What could actually drive growth from here?

bottom 45% of 42 in its family for growth drivers.

weight 33% of this tense · 45th percentile among 42 sector filers · read for its customers

From the record

Universal Display Corporation's growth drivers, from the filed years to fiscal 2025: revenue grew 1.8% a year over the last three filed years against 14.1% over all 10, slowing (bottom 18% of its family); the newest year grew 0.5% (bottom 42%); research spending grew 7.7% a year (top 43%); capital spending grew 9.9% a year (top 36%) (its annual reports). Universal Display Corporation reported 3 product lines in fiscal 2025: Material Sales at $353 million (54%), Royalty and License Fees at $275 million (42%), Contract Research Services at $23 million (4%); 2 of 3 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-12.3 points a yearbottom 18% of its family
  • the newest year's revenue growth0.5%bottom 42% of its family
  • three-year growth of research spending7.7%top 43% of its family
  • three-year growth of capital spending9.9%top 36% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
4.9/10

Did its newest year beat what its own record pointed to?

bottom 49% of 42 in its family for expectations against reality.

weight 22% of this tense · 49th percentile among 42 sector filers · read for its shareholders

From the record

Universal Display Corporation's newest year against its own record: revenue of $651 million in fiscal 2025 came in 2% below the $664 million its prior three years' pace pointed to (bottom 39% of its family); net income of $242 million against a prior three-year average of $212 million (top 49%); a net margin of 37.2% against 34.5% before (top 44%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-2.0%bottom 39% of its family
  • net income against the prior three years' average+14%top 49% of its family
  • net margin against its prior average+2.7 pointstop 44% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton OLED · research, not advice