UNIVERSAL DISPLAY CORP \PA\
For the period ended Dec 31, 2025. Filed Feb 19, 2026.
View on SEC.govAbout 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.
See the whole filing, with its images and exhibitsContents
Item 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES
(a) The following documents are filed as part of this report:
(1) Financial Statements:
| Management’s Report on Internal Control Over Financial Reporting | F-2 |
|---|---|
| Reports of Independent Registered Public Accounting Firm | F-3 |
| Consolidated Balance Sheets | F-6 |
| Consolidated Statements of Income | F-7 |
| Consolidated Statements of Comprehensive Income | F-8 |
| Consolidated Statements of Shareholders’ Equity | F-9 |
| Consolidated Statements of Cash Flows | F-10 |
| Notes to Consolidated Financial Statements | F-11 |
(2) Financial Statement Schedules:
None.
(3) Exhibits:
The following is a list of the exhibits filed as part of this report. Where so indicated by footnote, exhibits that were previously filed are incorporated by reference. For exhibits incorporated by reference, the location of the exhibit in the previous filing is indicated parenthetically, together with a reference to the filing indicated by footnote.
| ExhibitNumber | Description |
| 3.1 | Amended and Restated Articles of Incorporation of the registrant (1) |
| 3.2 | Amended and Restated Bylaws of the registrant (2) |
| 4 | Description of Securities (3) |
| 10.1# | Amended and Restated Change in Control Agreement between the registrant and Steven V. Abramson, dated as of November 4, 2008 (4) |
| 10.2# | Amended and Restated Change in Control Agreement between the registrant and Julia J. Brown, dated as of November 4, 2008 (4) |
| 10.3# | Amended and Restated Change in Control Agreement between the registrant and Janice K. Mahon, dated as of November 4, 2008 (4) |
| 10.4# | Amended and Restated Change in Control Agreement between the registrant and Mauro Premutico, dated April 16, 2012 (5) |
| 10.5# | Supplemental Executive Retirement Plan, dated as of April 1, 2010 (6) |
| 10.6 | 1997 Amended License Agreement among the registrant, The Trustees of Princeton University and the University of Southern California, dated as of October 9, 1997 (7) |
| 10.7 | Amendment #1 to the Amended License Agreement among the registrant, the Trustees of Princeton University and the University of Southern California, dated as of August 7, 2003 (8) |
| 10.8 | Amendment #2 to the Amended License Agreement among the registrant, the Trustees of Princeton University, the University of Southern California and the Regents of the University of Michigan, dated as of January 1, 2006 (9) |
| 10.9 | Amended and Restated OLED Materials Supply and Service Agreement between the registrant and PPG Industries, Inc., dated as of October 1, 2011 (10) |
| 10.10+ | Amended and Restated Amendment, dated February 20, 2024, to Amended and Restated OLED Materials Supply and Service Agreement, dated as of October 1, 2011, between the Registrant and PPG Industries, Inc. (17) |
| 10.11# | Universal Display Corporation Annual Incentive Plan (11) |
| 10.12# | Form Agreement - Restricted Stock Unit Grant Letter (17) |
| 10.13# | Form Agreement - Performance Stock Unit Grant Letter (17) |
| 10.14# | Universal Display Corporation 2014 Equity Compensation Plan (12) |
| 10.15# | Amendment 2015-1, dated March 3, 2015, to Universal Display Corporation Supplemental Executive Retirement Plan (13) |
| 10.16# | Amended and Restated Change in Control Agreement between the registrant and Brian Millard, dated as of September 6, 2022 (11) |
| 10.17# | Amendment to Amended and Restated Change in Control Agreement, dated May 31, 2023, between the registrant and Brian Millard (14) |
| 10.18# | Restricted Stock Grant Unit Agreement between the registrant and Brian Millard, dated as of September 6, 2022 (11) |
| 10.19+ | OLED Patent License Agreement between UDC Ireland Limited and Samsung Display Co., Ltd., dated as of December 2, 2022 (11) |
| 10.20+ | Supplemental OLED Material Purchase Agreement between UDC Ireland Limited and Samsung Display Co., Ltd., dated as of December 2, 2022 (11) |
| 10.21# | Universal Display Corporation 2023 Equity Compensation Plan (15) |
| 10.22# | UDC, Inc. Deferred Compensation Plan (16) |
| 19.1 | Universal Display Corporation Employee Insider Trading Policy (17) |
| 19.2 | Universal Display Corporation Officer, Director, Finance and Legal Employee Insider Trading Policy (17) |
| 21* | Subsidiaries of the registrant |
| 23.1* | Consent of KPMG LLP |
| 31.1* | Certifications of Steven V. Abramson, Chief Executive Officer, as required by Rule 13a-14(a) or Rule 15d-14(a) |
| 31.2* | Certifications of Brian Millard, Chief Financial Officer, as required by Rule 13a-14(a) or Rule 15d-14(a) |
| 32.1** | Certifications of Steven V. Abramson, Chief Executive Officer, as required by Rule 13a-14(b) or Rule 15d-14(b), and by 18 U.S.C. Section 1350. (This exhibit shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that section. Further, this exhibit shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended.) |
| 32.2** | Certifications of Brian Millard, Chief Financial Officer, as required by Rule 13a-14(b) or Rule 15d-14(b), and by 18 U.S.C. Section 1350. (This exhibit shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that section. Further, this exhibit shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended.) |
| 97# | Universal Display Corporation Compensation Recoupment Policy (18) |
| 101.INS* | Inline XBRL Instance Document – the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document |
| 101.SCH* | Inline XBRL Taxonomy Extension Schema with Embedded Linkbase Documents (Calculation; Definition; Label; Presentation) |
| 104 | The cover page of this Annual Report on Form 10-K for the year ended December 31, 2025, formatted in Inline XBRL (included in Item 101.INS) |
Explanation of footnotes to listing of exhibits:
- Filed herewith.
** Furnished herewith.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.