OLED
Income statement / Annual
Last year (2023), Universal Display Corporation's total revenue was $576.43 M,
a decrease of 6.52% from the previous year.
In 2023, Universal Display Corporation's net income was $203.01 M.
See Universal Display Corporation’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$576.43 M
|
$616.62 M
|
$553.53 M
|
$428.87 M
|
$405.18 M
|
$247.41 M
|
$335.63 M
|
$198.89 M
|
$191.05 M
|
$191.03 M
|
| Cost of Revenue |
$135.38 M |
$127.90 M |
$114.99 M |
$85.48 M |
$75.37 M |
$53.54 M |
$54.70 M |
$26.29 M |
$63.00 M |
$41.32 M |
| Gross Profit |
$441.05 M |
$488.72 M |
$438.53 M |
$343.39 M |
$329.80 M |
$193.87 M |
$280.93 M |
$172.60 M |
$128.05 M |
$149.72 M |
| Gross Profit Ratio |
0.77 |
0.79 |
0.79 |
0.8 |
0.81 |
0.78 |
0.84 |
0.87 |
0.67 |
0.78 |
| Research and Development
Expenses |
$130.48 M
|
$117.06 M
|
$99.67 M
|
$83.89 M
|
$71.28 M
|
$53.72 M
|
$49.14 M
|
$42.74 M
|
$44.64 M
|
$41.15 M
|
| General & Administrative
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$47.00 M
|
$46.81 M
|
$32.88 M
|
$29.05 M
|
$28.14 M
|
| Selling & Marketing
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$67.39 M
|
$77.89 M
|
$80.37 M
|
$61.35 M
|
$59.61 M
|
$47.00 M
|
$46.81 M
|
$32.88 M
|
$29.05 M
|
$28.14 M
|
| Other Expenses |
$26.00 M |
$26.67 M |
$30.85 M |
$40.62 M |
$40.57 M |
-$83,000.00 |
-$4,000.00 |
-$1.93 M |
$22.09 M |
$21.81 M |
| Operating Expenses |
$223.86 M |
$221.61 M |
$210.89 M |
$185.86 M |
$171.46 M |
$137.14 M |
$134.68 M |
$104.19 M |
$95.77 M |
$91.10 M |
| Cost And Expenses |
$359.24 M |
$349.51 M |
$325.88 M |
$271.34 M |
$246.83 M |
$190.68 M |
$189.38 M |
$130.47 M |
$158.77 M |
$132.41 M |
| Interest Income |
$28.17 M |
$7.81 M |
$505,000.00 |
$5.14 M |
$10.80 M |
$7.66 M |
$3.29 M |
$2.11 M |
$837,000.00 |
$777,000.00 |
| Interest Expense |
$0.00 |
$7.81 M |
$0.00 |
$0.00 |
$0.00 |
$7.58 M |
$3.29 M |
$185,000.00 |
$54,000.00 |
$70,000.00 |
| Depreciation &
Amortization |
$43.40 M
|
$42.27 M
|
$41.96 M
|
$37.19 M
|
$34.42 M
|
$30.57 M
|
$26.90 M
|
$20.76 M
|
$14.09 M
|
$13.07 M
|
| EBITDA |
$260.59 M
|
$309.38 M
|
$269.61 M
|
$194.71 M
|
$192.76 M
|
$87.31 M
|
$173.15 M
|
$89.36 M
|
$46.36 M
|
$71.69 M
|
| EBITDA Ratio |
0.45 |
0.5 |
0.49 |
0.45 |
0.48 |
0.35 |
0.52 |
0.46 |
0.26 |
0.4 |
| Operating Income Ratio
|
0.38
|
0.43
|
0.41
|
0.37
|
0.39
|
0.23
|
0.44
|
0.34
|
0.17
|
0.31
|
| Total Other
Income/Expenses Net |
$27.98 M
|
$1.12 M
|
$603,000.00
|
$6.00 M
|
$11.56 M
|
$7.58 M
|
$3.29 M
|
$185,000.00
|
$783,000.00
|
$707,000.00
|
| Income Before Tax |
$245.17 M |
$268.23 M |
$228.25 M |
$163.53 M |
$169.91 M |
$64.31 M |
$149.54 M |
$68.60 M |
$33.06 M |
$59.33 M |
| Income Before Tax Ratio
|
0.43
|
0.44
|
0.41
|
0.38
|
0.42
|
0.26
|
0.45
|
0.34
|
0.17
|
0.31
|
| Income Tax Expense |
$42.16 M |
$58.17 M |
$44.03 M |
$30.16 M |
$31.60 M |
$5.47 M |
$45.65 M |
$20.53 M |
$18.38 M |
$17.47 M |
| Net Income |
$203.01 M |
$210.06 M |
$184.21 M |
$133.37 M |
$138.30 M |
$58.84 M |
$103.89 M |
$48.07 M |
$14.68 M |
$41.85 M |
| Net Income Ratio |
0.35 |
0.34 |
0.33 |
0.31 |
0.34 |
0.24 |
0.31 |
0.24 |
0.08 |
0.22 |
| EPS |
4.25 |
4.41 |
3.87 |
2.8 |
2.92 |
1.26 |
2.19 |
1.02 |
0.31 |
0.9 |
| EPS Diluted |
4.24 |
4.4 |
3.87 |
2.8 |
2.92 |
1.25 |
2.18 |
1.02 |
0.31 |
0.9 |
| Weighted Average Shares
Out |
$47.56 M
|
$47.39 M
|
$47.30 M
|
$47.20 M
|
$46.96 M
|
$46.85 M
|
$46.73 M
|
$46.41 M
|
$46.82 M
|
$46.25 M
|
| Weighted Average Shares
Out Diluted |
$47.62 M
|
$47.47 M
|
$47.37 M
|
$47.24 M
|
$47.00 M
|
$46.90 M
|
$46.81 M
|
$46.54 M
|
$47.49 M
|
$46.69 M
|
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