Record Performance in Q2 2025
Universal Display Corporation reported record revenue of $172 million and net income of $67 million or $1.41 per diluted share for the second quarter of 2025.
Raised Revenue Guidance for 2025
The company raised the low end of its 2025 revenue guidance to $650 million to $700 million, reflecting confidence in continued growth despite macroeconomic uncertainties.
OLED Market Growth
The OLED market is entering a dynamic phase of expansion, with OLED IT units forecasted to more than double by 2027 and automotive OLED display shipments projected to grow by over 300% from 2024 to 2029.
Innovations and R&D Achievements
Significant advancements in OLED technology, including the verification of commercialization level performance of blue phosphorescent OLED panels, and a strong R&D focus using AI/ML to accelerate material discovery.
Strong Financial Position
The company ended the quarter with approximately $932 million in cash, cash equivalents, and investments, and announced a $0.45 quarterly dividend.