Universal Display Corporation Announces Third Quarter 2026 Financial Results
Universal Display reported Q3 2026 revenue of $160.4 million, up 15% YoY, with net income of $78.9 million or $1.72 per diluted share versus $0.92 a year ago. The GAAP results were boosted by a $28.9 million UDC Ventures investment gain; non-GAAP adjusted net income was $56.2 million or $1.23 per diluted share. Material sales declined to $79.7 million from $82.6 million and material gross margin compressed to 50% from 60%. Management steered 2026 revenue to around the lower end of its $630-670 million guidance range.
Key figures
- Eps
- 1.72
- Revenue
- 160432000
- Guidance
- 2026 revenue expected around the lower end of the previous $630 million to $670 million range
- Revenue Yoy
- 15%
- Q3 buyback
- $78.8 million
- Q3 2025 eps
- 0.92
- Ytd buyback
- $192.9 million
- Non gaap eps
- 1.23
- Operating income
- 53705000
- Material sales q3
- 79709000
- Nine month revenue
- 454800000
- Non gaap net income
- 56173000
- Q4 dividend per share
- 0.5
- Total gross margin q3
- 73%
- Nine month revenue yoy
- -5%
- Royalty license fees q3
- 75495000
- Material gross margin q3
- 50%
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