Universal Display Corp (OLED) stock
OLEDNasdaqElectronic Components & AccessoriesFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 28, 2026Score 21/3038% below fair value
$90.54+0.16 (+0.18%)
Close on Nov 11, 2026Market cap $4.08BP/E 18.4Yield 1.99%
Universal Display gross margin
Gross margin is gross profit as a percentage of revenue.
Universal Display's gross margin for the twelve months ending Sep 30, 2026 was 74.9%. For fiscal 2025 it was 76.3%, against 77.1% the year before. The highest annual figure on record is 97.6% in fiscal 2009.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 76.3% | −0.8 |
| FY2024 | Dec 31, 2024 | 77.1% | +0.6 |
| FY2023 | Dec 31, 2023 | 76.5% | −2.7 |
| FY2022 | Dec 31, 2022 | 79.3% | +0.0 |
| FY2021 | Dec 31, 2021 | 79.2% | −0.8 |
| FY2020 | Dec 31, 2020 | 80.1% | −1.3 |
| FY2019 | Dec 31, 2019 | 81.4% | +3.0 |
| FY2018 | Dec 31, 2018 | 78.4% | −5.3 |
| FY2017 | Dec 31, 2017 | 83.7% | −3.1 |
| FY2016 | Dec 31, 2016 | 86.8% | +19.8 |
| FY2015 | Dec 31, 2015 | 67.0% | −11.3 |
| FY2014 | Dec 31, 2014 | 78.4% | −1.9 |
| FY2013 | Dec 31, 2013 | 80.3% | −14.3 |
| FY2012 | Dec 31, 2012 | 94.6% | +0.6 |
| FY2011 | Dec 31, 2011 | 93.9% | −3.2 |
| FY2010 | Dec 31, 2010 | 97.1% | −0.5 |
| FY2009 | Dec 31, 2009 | 97.6% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 73.1% | −1.4 |
| Q2 FY2026 | Jun 30, 2026 | 75.8% | −1.4 |
| Q1 FY2026 | Mar 31, 2026 | 74.6% | −2.5 |
| Q4 FY2025 | Dec 31, 2025 | 76.1% | −0.9 |
| Q3 FY2025 | Sep 30, 2025 | 74.6% | −3.3 |
| Q2 FY2025 | Jun 30, 2025 | 77.2% | +1.4 |
| Q1 FY2025 | Mar 31, 2025 | 77.1% | −0.6 |
| Q4 FY2024 | Dec 31, 2024 | 77.0% | −0.3 |
| Q3 FY2024 | Sep 30, 2024 | 77.8% | +2.1 |
| Q2 FY2024 | Jun 30, 2024 | 75.8% | −2.3 |
| Q1 FY2024 | Mar 31, 2024 | 77.6% | +2.9 |
| Q4 FY2023 | Dec 31, 2023 | 77.2% | −4.9 |
| Q3 FY2023 | Sep 30, 2023 | 75.7% | −1.0 |
| Q2 FY2023 | Jun 30, 2023 | 78.1% | −2.0 |
| Q1 FY2023 | Mar 31, 2023 | 74.7% | −3.2 |
| Q4 FY2022 | Dec 31, 2022 | 82.2% | +4.2 |
| Q3 FY2022 | Sep 30, 2022 | 76.7% | −1.4 |
| Q2 FY2022 | Jun 30, 2022 | 80.1% | +1.6 |
| Q1 FY2022 | Mar 31, 2022 | 78.0% | −4.7 |
| Q4 FY2021 | Dec 31, 2021 | 78.0% | −3.0 |
| Q3 FY2021 | Sep 30, 2021 | 78.1% | −2.0 |
| Q2 FY2021 | Jun 30, 2021 | 78.4% | +0.2 |
| Q1 FY2021 | Mar 31, 2021 | 82.6% | +2.6 |
| Q4 FY2020 | Dec 31, 2020 | 80.9% | −1.2 |
| Q3 FY2020 | Sep 30, 2020 | 80.0% | −2.2 |
| Q2 FY2020 | Jun 30, 2020 | 78.2% | −1.4 |
| Q1 FY2020 | Mar 31, 2020 | 80.0% | −2.0 |
| Q4 FY2019 | Dec 31, 2019 | 82.1% | +8.2 |
| Q3 FY2019 | Sep 30, 2019 | 82.3% | +3.1 |
| Q2 FY2019 | Jun 30, 2019 | 79.6% | +0.4 |
| Q1 FY2019 | Mar 31, 2019 | 82.0% | −0.9 |
| Q4 FY2018 | Dec 31, 2018 | 73.9% | −11.5 |
| Q3 FY2018 | Sep 30, 2018 | 79.2% | +1.0 |
| Q2 FY2018 | Jun 30, 2018 | 79.3% | −9.7 |
| Q1 FY2018 | Mar 31, 2018 | 82.9% | +6.3 |
| Q4 FY2017 | Dec 31, 2017 | 85.4% | −2.4 |
| Q3 FY2017 | Sep 30, 2017 | 78.2% | – |
| Q2 FY2017 | Jun 30, 2017 | 89.0% | – |
| Q1 FY2017 | Mar 31, 2017 | 76.6% | – |
| Q4 FY2016 | Dec 31, 2016 | 87.8% | – |
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