UNIVERSAL DISPLAY CORP \PA\ (OLED) Form 8-K — Oct 28, 2026
Universal Display reported Q3 2026 revenue of $160.4M, up 15% from $139.6M a year ago, with net income of $78.9M or $1.72 per diluted share versus $44.0M or $0.92 last year. Results included a one-time $28.9M UDC Ventures investment gain; non-GAAP EPS was $1.23. Underneath the headline beat, quality was mixed: material sales fell to $79.7M and material gross margin compressed to 50% from 60%, while royalty and license revenue jumped on volume and one-time adjustments. Management guided 2026 revenue to around the lower end of the prior $630-670M range.
Key figures
- Eps
- 1.72
- Revenue
- 160432000
- Guidance
- 2026 revenue expected around the lower end of prior $630M-$670M range
- Net Income
- 78946000
- Revenue Yoy
- 14.9%
- Total Assets
- 1878411000
- Cash Position
- 93447000
- Shares Outstanding
- 45279598
- Q3 buyback
- 963,333 shares for $78.8M
- Q4 dividend
- $0.50 per share payable Dec 31, 2026
- Ytd buyback
- 2,127,217 shares for $192.9M
- Nine month eps
- 3.52
- Non gaap eps q3
- 1.23
- Q3 2025 revenue
- 139613000
- Material sales q3
- 79709000
- Udc ventures gain
- 28914000
- Nine month revenue
- 454800000
- Royalty license q3
- 75495000
- Operating income q3
- 53705000
- Total gross margin q3
- 73%
- Non gaap net income q3
- 56173000
- Material gross margin q3
- 50% vs 60% prior year
AI analysis
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