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 operating margin
Operating margin is operating income as a percentage of revenue.
Universal Display's operating margin for the twelve months ending Sep 30, 2026 was 34.6%. For fiscal 2025 it was 38.2%, against 36.9% the year before. The highest annual figure on record is 43.6% in fiscal 2017.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 38.2% | +1.3 |
| FY2024 | Dec 31, 2024 | 36.9% | −0.8 |
| FY2023 | Dec 31, 2023 | 37.7% | −5.6 |
| FY2022 | Dec 31, 2022 | 43.3% | +2.2 |
| FY2021 | Dec 31, 2021 | 41.1% | +4.4 |
| FY2020 | Dec 31, 2020 | 36.7% | −2.3 |
| FY2019 | Dec 31, 2019 | 39.1% | +16.1 |
| FY2018 | Dec 31, 2018 | 22.9% | −20.6 |
| FY2017 | Dec 31, 2017 | 43.6% | +9.2 |
| FY2016 | Dec 31, 2016 | 34.4% | +17.5 |
| FY2015 | Dec 31, 2015 | 16.9% | −13.8 |
| FY2014 | Dec 31, 2014 | 30.7% | +4.6 |
| FY2013 | Dec 31, 2013 | 26.1% | +9.7 |
| FY2012 | Dec 31, 2012 | 16.4% | +7.1 |
| FY2011 | Dec 31, 2011 | 9.3% | +42.8 |
| FY2010 | Dec 31, 2010 | -33.5% | +94.9 |
| FY2009 | Dec 31, 2009 | -128.4% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 33.5% | +2.6 |
| Q2 FY2026 | Jun 30, 2026 | 35.3% | −4.6 |
| Q1 FY2026 | Mar 31, 2026 | 30.1% | −11.8 |
| Q4 FY2025 | Dec 31, 2025 | 38.9% | +6.5 |
| Q3 FY2025 | Sep 30, 2025 | 30.9% | −10.6 |
| Q2 FY2025 | Jun 30, 2025 | 39.9% | +4.3 |
| Q1 FY2025 | Mar 31, 2025 | 41.9% | +3.9 |
| Q4 FY2024 | Dec 31, 2024 | 32.3% | −8.6 |
| Q3 FY2024 | Sep 30, 2024 | 41.5% | +7.1 |
| Q2 FY2024 | Jun 30, 2024 | 35.6% | −4.4 |
| Q1 FY2024 | Mar 31, 2024 | 38.0% | +3.3 |
| Q4 FY2023 | Dec 31, 2023 | 40.9% | −8.3 |
| Q3 FY2023 | Sep 30, 2023 | 34.3% | −8.3 |
| Q2 FY2023 | Jun 30, 2023 | 40.0% | +1.0 |
| Q1 FY2023 | Mar 31, 2023 | 34.8% | −6.6 |
| Q4 FY2022 | Dec 31, 2022 | 49.2% | +10.5 |
| Q3 FY2022 | Sep 30, 2022 | 42.6% | +2.4 |
| Q2 FY2022 | Jun 30, 2022 | 39.0% | +0.6 |
| Q1 FY2022 | Mar 31, 2022 | 41.4% | −6.1 |
| Q4 FY2021 | Dec 31, 2021 | 38.6% | −7.9 |
| Q3 FY2021 | Sep 30, 2021 | 40.2% | −1.2 |
| Q2 FY2021 | Jun 30, 2021 | 38.5% | +40.5 |
| Q1 FY2021 | Mar 31, 2021 | 47.4% | +7.8 |
| Q4 FY2020 | Dec 31, 2020 | 46.5% | +12.6 |
| Q3 FY2020 | Sep 30, 2020 | 41.4% | −0.5 |
| Q2 FY2020 | Jun 30, 2020 | -2.0% | −43.2 |
| Q1 FY2020 | Mar 31, 2020 | 39.6% | +0.5 |
| Q4 FY2019 | Dec 31, 2019 | 33.9% | +12.1 |
| Q3 FY2019 | Sep 30, 2019 | 41.9% | +8.3 |
| Q2 FY2019 | Jun 30, 2019 | 41.2% | +21.7 |
| Q1 FY2019 | Mar 31, 2019 | 39.2% | +28.8 |
| Q4 FY2018 | Dec 31, 2018 | 21.8% | −28.2 |
| Q3 FY2018 | Sep 30, 2018 | 33.6% | +8.0 |
| Q2 FY2018 | Jun 30, 2018 | 19.4% | −39.6 |
| Q1 FY2018 | Mar 31, 2018 | 10.4% | −11.3 |
| Q4 FY2017 | Dec 31, 2017 | 50.0% | +3.3 |
| Q3 FY2017 | Sep 30, 2017 | 25.6% | – |
| Q2 FY2017 | Jun 30, 2017 | 59.0% | – |
| Q1 FY2017 | Mar 31, 2017 | 21.7% | – |
| Q4 FY2016 | Dec 31, 2016 | 46.6% | – |
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