UNIVERSAL DISPLAY CORP \PA\

For the period ended Dec 31, 2025. Filed Feb 19, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 19, 2026

OLED$88.31+1.4%Stored close · as of Nov 6, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets

(in thousands, except share and per share data)

	December 31, 2025	December 31, 2024
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$138,353	$98,980
Short-term investments	464,004	393,690
Accounts receivable	119,953	113,648
Inventory	240,912	182,938
Other current assets	123,836	110,575
Total current assets	1,087,058	899,831
PROPERTY AND EQUIPMENT, net of accumulated depreciation of $189,326 and $169,877	214,947	195,239
ACQUIRED TECHNOLOGY, net of accumulated amortization of $220,392 and $203,621	56,783	73,554
OTHER INTANGIBLE ASSETS, net of accumulated amortization of $13,269 and $11,842	4,019	5,446
GOODWILL	15,535	15,535
INVESTMENTS	377,034	457,593
DEFERRED INCOME TAXES	79,454	78,320
OTHER ASSETS	128,932	106,815
TOTAL ASSETS	$1,963,762	$1,832,333
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable	$23,344	$36,590
Accrued expenses	52,564	46,026
Deferred revenue	21,011	33,074
Other current liabilities	11,094	9,720
Total current liabilities	108,013	125,410
DEFERRED REVENUE	1,943	537
RETIREMENT PLAN BENEFIT LIABILITY	56,541	54,450
OTHER LIABILITIES	36,246	35,411
Total liabilities	202,743	215,808
COMMITMENTS AND CONTINGENCIES (Note 18)
SHAREHOLDERS’ EQUITY:
Preferred Stock, par value $0.01 per share, 5,000,000 shares authorized, 200,000 shares of Series A Nonconvertible Preferred Stock issued and outstanding (liquidation value of $7.50 per share or $1,500)	2	2
Common Stock, par value $0.01 per share, 200,000,000 shares authorized, 48,916,606 and 48,834,541 shares issued, and 47,259,748 and 47,468,893 shares outstanding at December 31, 2025 and December 31, 2024, respectively	489	488
Additional paid-in capital	744,692	723,719
Retained earnings	1,090,479	934,655
Accumulated other comprehensive income (loss)	781	(1,055)
Treasury stock, at cost (1,656,858 and 1,365,648 shares at December 31, 2025 and December 31, 2024, respectively)	(75,424)	(41,284)
Total shareholders’ equity	1,761,019	1,616,525
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$1,963,762	$1,832,333

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.