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 r&d expenses
Research and development expenses are spending on new products and technology.
Universal Display's R&D Expenses for the twelve months ending Sep 30, 2026 was $145.07M, down 5.7% year over year. For fiscal 2025 it was $146.10M, down 7.1% from the year before. Over ten years it grew 12.6% a year on average. The highest annual figure on record is $157.19M in fiscal 2024.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $146.10M | -7.1% |
| FY2024 | Dec 31, 2024 | $157.19M | +20.5% |
| FY2023 | Dec 31, 2023 | $130.48M | +11.5% |
| FY2022 | Dec 31, 2022 | $117.06M | +17.4% |
| FY2021 | Dec 31, 2021 | $99.67M | +18.8% |
| FY2020 | Dec 31, 2020 | $83.89M | +17.7% |
| FY2019 | Dec 31, 2019 | $71.28M | +32.7% |
| FY2018 | Dec 31, 2018 | $53.72M | +9.3% |
| FY2017 | Dec 31, 2017 | $49.14M | +15.0% |
| FY2016 | Dec 31, 2016 | $42.74M | -4.2% |
| FY2015 | Dec 31, 2015 | $44.64M | +8.5% |
| FY2014 | Dec 31, 2014 | $41.15M | +20.3% |
| FY2013 | Dec 31, 2013 | $34.22M | +13.9% |
| FY2012 | Dec 31, 2012 | $30.03M | +24.5% |
| FY2011 | Dec 31, 2011 | $24.13M | +11.2% |
| FY2010 | Dec 31, 2010 | $21.70M | +2.7% |
| FY2009 | Dec 31, 2009 | $21.12M | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $36.35M | +0.0% |
| Q2 FY2026 | Jun 30, 2026 | $34.97M | -3.8% |
| Q1 FY2026 | Mar 31, 2026 | $35.25M | +1.0% |
| Q4 FY2025 | Dec 31, 2025 | $38.50M | -16.8% |
| Q3 FY2025 | Sep 30, 2025 | $36.34M | +0.7% |
| Q2 FY2025 | Jun 30, 2025 | $36.36M | -1.3% |
| Q1 FY2025 | Mar 31, 2025 | $34.90M | -8.1% |
| Q4 FY2024 | Dec 31, 2024 | $46.29M | +37.6% |
| Q3 FY2024 | Sep 30, 2024 | $36.09M | +9.0% |
| Q2 FY2024 | Jun 30, 2024 | $36.83M | +13.9% |
| Q1 FY2024 | Mar 31, 2024 | $37.99M | +20.9% |
| Q4 FY2023 | Dec 31, 2023 | $33.64M | +5.4% |
| Q3 FY2023 | Sep 30, 2023 | $33.10M | +8.8% |
| Q2 FY2023 | Jun 30, 2023 | $32.32M | +14.6% |
| Q1 FY2023 | Mar 31, 2023 | $31.42M | +18.4% |
| Q4 FY2022 | Dec 31, 2022 | $31.91M | +18.4% |
| Q3 FY2022 | Sep 30, 2022 | $30.41M | +20.1% |
| Q2 FY2022 | Jun 30, 2022 | $28.20M | +17.0% |
| Q1 FY2022 | Mar 31, 2022 | $26.55M | +13.9% |
| Q4 FY2021 | Dec 31, 2021 | $26.94M | +21.4% |
| Q3 FY2021 | Sep 30, 2021 | $25.33M | +21.7% |
| Q2 FY2021 | Jun 30, 2021 | $24.10M | +12.6% |
| Q1 FY2021 | Mar 31, 2021 | $23.31M | +19.5% |
| Q4 FY2020 | Dec 31, 2020 | $22.19M | +11.9% |
| Q3 FY2020 | Sep 30, 2020 | $20.81M | +24.0% |
| Q2 FY2020 | Jun 30, 2020 | $21.40M | +13.6% |
| Q1 FY2020 | Mar 31, 2020 | $19.50M | +23.2% |
| Q4 FY2019 | Dec 31, 2019 | $19.83M | +34.0% |
| Q3 FY2019 | Sep 30, 2019 | $16.79M | +23.3% |
| Q2 FY2019 | Jun 30, 2019 | $18.83M | +45.4% |
| Q1 FY2019 | Mar 31, 2019 | $15.83M | +28.1% |
| Q4 FY2018 | Dec 31, 2018 | $14.80M | -1.7% |
| Q3 FY2018 | Sep 30, 2018 | $13.62M | +17.4% |
| Q2 FY2018 | Jun 30, 2018 | $12.95M | +21.2% |
| Q1 FY2018 | Mar 31, 2018 | $12.36M | +4.6% |
| Q4 FY2017 | Dec 31, 2017 | $15.05M | +34.5% |
| Q3 FY2017 | Sep 30, 2017 | $11.60M | – |
| Q2 FY2017 | Jun 30, 2017 | $10.69M | – |
| Q1 FY2017 | Mar 31, 2017 | $11.82M | – |
| Q4 FY2016 | Dec 31, 2016 | $11.18M | – |
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