Universal Display reported a strong financial quarter with record revenue and increased guidance, driven by growth in the OLED market across various sectors. Despite a decline in material sales and concerns over tariff-related buying, the company's advancements in OLED technology and strong financial position contribute to a positive outlook.

Company Guidance -

Q3 2025

In the second quarter of 2025, Universal Display Corporation reported record revenue of $172 million and a net income of $67 million, or $1.41 per diluted share. The company has increased the low end of its 2025 revenue guidance range to $650 million to $700 million, reflecting strong market demand. The OLED market is projected to grow significantly, with OLED IT units expected to more than double from 23 million in 2024 to 48.6 million units in 2027. Smartphones and TVs are also set to grow by 11% and 10%, respectively. The company anticipates its 2025 ratio of materials to royalty and licensing revenues to be around 1.3:1. Total material sales were $89 million, with green emitter sales at $64 million and red emitter sales at $24 million. The second quarter royalty and license fees were $76 million, and Adesis' second quarter revenue was $7.5 million. The company's operating income was $69 million, with an operating margin of 40%, and it expects its 2025 operating margins to reach the upper end of the 35% to 40% range. The effective tax rate for the year is expected to be approximately 19%. Universal Display ended the quarter with $932 million in cash, and its Board of Directors approved a $0.45 quarterly dividend.

Record-Breaking Revenue and Growth

Universal Display reported record second-quarter revenue of $172 million, up from $159 million in the same quarter of 2024. Net income also increased to $67 million or $1.41 per diluted share, compared to $52 million or $1.10 per diluted share in 2024.

Increased Revenue Guidance

The company raised the low end of its 2025 revenue guidance range to $650 million to $700 million, reflecting confidence in continued strong performance.

OLED Market Expansion

OLED market is experiencing growth, with forecasts indicating OLED IT units will more than double to 48.6 million units in 2027 from 23 million units in 2024. Automotive OLED display shipments are projected to grow by over 300% from 2.8 million units in 2024 to 9.1 million units in 2029.

Phosphorescent Blue OLED Advancement

The verification of commercialization level performance of blue phosphorescent OLED panels on a mass production line was a significant milestone, with potential to improve OLED display energy efficiency by up to 25%.

Strong Financial Position

The company concluded the quarter with approximately $932 million in cash, cash equivalents, and investments.

Universal Display (OLED) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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OLED Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	1.19 / -	1.4	―	―	―
Jul 31, 2025	2025 (Q2)	1.16 / 1.41	1.1	28.18% (+0.31)	―
May 01, 2025	2025 (Q1)	1.09 / 1.35	1.19	13.45% (+0.16)	―
Feb 20, 2025	2024 (Q4)	1.06 / 0.96	1.29	-25.58% (-0.33)	―
Oct 30, 2024	2024 (Q3)	1.31 / 1.40	1.08	29.63% (+0.32)	―
Aug 01, 2024	2024 (Q2)	1.14 / 1.10	1.04	5.77% (+0.06)	―
May 02, 2024	2024 (Q1)	1.07 / 1.19	0.83	43.37% (+0.36)	―
Feb 22, 2024	2023 (Q4)	1.16 / 1.29	1.36	-5.15% (-0.07)	―
Nov 02, 2023	2023 (Q3)	1.01 / 1.08	1.12	-3.57% (-0.04)	―
Aug 03, 2023	2023 (Q2)	0.75 / 1.04	0.87	19.54% (+0.17)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

OLED Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 31, 2025	$144.40	$144.98	+0.40%
May 01, 2025	$140.79	$143.60	+2.00%
Feb 20, 2025	$146.47	$156.37	+6.76%
Oct 30, 2024	$201.45	$178.80	-11.24%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Universal Display (OLED) report earnings?

Universal Display (OLED) is schdueled to report earning on Oct 30, 2025, After Close (Confirmed).

What is Universal Display (OLED) earnings time?

Universal Display (OLED) earnings time is at Oct 30, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is OLED EPS forecast?

OLED EPS forecast for the fiscal quarter 2025 (Q3) is 1.19.

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