Universal Display (OLED) Revenue & Revenue Breakdown

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Universal Display Revenue Highlights

Latest Revenue (Y)

$647.68M

Latest Revenue (Q)

$171.79M

Main Segment (Y)

Material Sales

Main Geography (Y)

Non-US

Universal Display Revenue by Period

Universal Display Revenue by Year

Date	Revenue	Change
2024-12-31	$647.68M	12.36%
2023-12-31	$576.43M	-6.52%
2022-12-31	$616.62M	11.40%
2021-12-31	$553.52M	29.07%
2020-12-31	$428.87M	5.85%
2019-12-31	$405.18M	63.76%
2018-12-31	$247.41M	-26.28%
2017-12-31	$335.63M	68.75%
2016-12-31	$198.89M	4.10%
2015-12-31	$191.05M	0.01%
2014-12-31	$191.03M	30.27%
2013-12-31	$146.64M	76.16%
2012-12-31	$83.24M	35.82%
2011-12-31	$61.29M	100.65%
2010-12-31	$30.54M	93.48%
2009-12-31	$15.79M	42.54%
2008-12-31	$11.08M	-2.04%
2007-12-31	$11.31M	-5.16%
2006-12-31	$11.92M	17.47%
2005-12-31	$10.15M	44.83%
2004-12-31	$7.01M	6.27%
2003-12-31	$6.59M	169.63%
2002-12-31	$2.45M	95.17%
2001-12-31	$1.25M	154.26%
2000-12-31	$492.76K	-5.15%
1999-12-31	$519.54K	29.88%
1998-12-31	$400.00K	300.00%
1997-12-31	$100.00K	-
1996-12-31	$100.00K	-
1995-12-31	$100.00K	-

Universal Display generated $647.68M in revenue during NA 2024, up 12.36% compared to the previous quarter, and up 159.85% compared to the same period a year ago.

Universal Display Revenue by Quarter

Date	Revenue	Change
2025-06-30	$171.79M	3.32%
2025-03-31	$166.28M	2.45%
2024-12-31	$162.29M	0.41%
2024-09-30	$161.63M	1.97%
2024-06-30	$158.50M	-4.09%
2024-03-31	$165.26M	4.38%
2023-12-31	$158.32M	12.22%
2023-09-30	$141.08M	-3.74%
2023-06-30	$146.56M	12.34%
2023-03-31	$130.47M	-22.82%
2022-12-31	$169.03M	5.28%
2022-09-30	$160.56M	17.57%
2022-06-30	$136.56M	-9.24%
2022-03-31	$150.47M	2.89%
2021-12-31	$146.25M	1.83%
2021-09-30	$143.62M	10.77%
2021-06-30	$129.66M	-3.24%
2021-03-31	$134.00M	-5.33%
2020-12-31	$141.54M	20.90%
2020-09-30	$117.08M	101.97%
2020-06-30	$57.97M	-48.37%
2020-03-31	$112.28M	10.37%
2019-12-31	$101.73M	4.32%
2019-09-30	$97.52M	-17.48%
2019-06-30	$118.17M	34.64%
2019-03-31	$87.77M	25.12%
2018-12-31	$70.14M	-9.55%
2018-09-30	$77.55M	38.11%
2018-06-30	$56.15M	28.86%
2018-03-31	$43.57M	-62.39%
2017-12-31	$115.87M	87.84%
2017-09-30	$61.68M	-39.83%
2017-06-30	$102.51M	84.49%
2017-03-31	$55.57M	-25.49%
2016-12-31	$74.58M	146.83%
2016-09-30	$30.21M	-53.08%
2016-06-30	$64.39M	116.79%
2016-03-31	$29.70M	-52.33%
2015-12-31	$62.31M	58.08%
2015-09-30	$39.42M	-32.14%
2015-06-30	$58.09M	86.06%
2015-03-31	$31.22M	-44.42%
2014-12-31	$56.17M	70.78%
2014-09-30	$32.89M	-48.71%
2014-06-30	$64.13M	69.47%
2014-03-31	$37.84M	-23.52%
2013-12-31	$49.48M	50.73%
2013-09-30	$32.83M	-33.50%
2013-06-30	$49.36M	229.59%
2013-03-31	$14.98M	-46.77%
2012-12-31	$28.13M	124.99%
2012-09-30	$12.50M	-58.30%
2012-06-30	$29.99M	137.61%
2012-03-31	$12.62M	-32.36%
2011-12-31	$18.66M	-14.32%
2011-09-30	$21.78M	93.53%
2011-06-30	$11.25M	17.21%
2011-03-31	$9.60M	-11.07%
2010-12-31	$10.80M	52.99%
2010-09-30	$7.06M	-16.47%
2010-06-30	$8.45M	98.91%
2010-03-31	$4.25M	-12.46%
2009-12-31	$4.85M	-5.72%
2009-09-30	$5.15M	74.05%
2009-06-30	$2.96M	4.32%
2009-03-31	$2.83M	-21.00%
2008-12-31	$3.59M	36.62%
2008-09-30	$2.63M	22.37%
2008-06-30	$2.15M	-21.03%
2008-03-31	$2.72M	-6.28%
2007-12-31	$2.90M	-

Universal Display generated $171.79M in revenue during Q2 2025, up 3.32% compared to the previous quarter, and up 103.95% compared to the same period a year ago.

Universal Display Revenue Breakdown

Universal Display Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Contract Research Services	$15.45M	$16.01M	$18.42M	$15.87M	$14.06M
Royalty And License Fees	$266.82M	$238.39M	$267.12M	$219.03M	$185.05M
Material Sales	$365.42M	$322.03M	$331.08M	$318.62M	$229.75M

Universal Display's latest annual revenue breakdown by segment (product or service), as of Dec 24: Material Sales (56.42%), Royalty And License Fees (41.20%), and Contract Research Services (2.38%).

Quarterly Revenue by Product

Product/Service	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21
Contract Research Services	$7.48M	$6.55M	$4.62M	$3.61M	$3.51M	$3.71M	$3.21M	$2.67M	$5.06M	$5.07M	$5.11M	$4.92M	$4.41M	$3.98M	$4.48M	$4.07M	$4.01M	$3.31M
Material Sales	$88.65M	$86.16M	$93.27M	$83.43M	$95.44M	$93.28M	$82.24M	$92.49M	$77.11M	$70.19M	$88.34M	$84.18M	$71.87M	$86.69M	$85.77M	$75.61M	$77.44M	$79.81M
Royalty And License Fees	$75.67M	$73.57M	$64.41M	$74.59M	$59.55M	$68.27M	$72.86M	$45.91M	$64.40M	$55.21M	$75.58M	$71.45M	$60.28M	$59.80M	$55.99M	$63.94M	$48.21M	$50.89M

Universal Display's latest quarterly revenue breakdown by segment (product or service), as of Jun 25: Material Sales (51.60%), Royalty And License Fees (44.05%), and Contract Research Services (4.35%).

Universal Display Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
KOREA, REPUBLIC OF	$397.82M	$322.51M	$360.64M	$334.83M	$263.08M
Other Non U S	$2.46M	$4.41M	$3.83M	$3.14M	$1.73M
CHINA	$229.44M	$229.73M	$230.58M	$192.08M	$142.08M
UNITED STATES	$14.36M	$12.81M	$15.99M	$16.12M	$14.58M
Non-US	$633.33M	$563.62M	$600.63M	$537.41M	-
JAPAN	$3.61M	$6.97M	$5.58M	$7.36M	$7.41M
Non Us	-	-	-	-	$414.29M

Universal Display's latest annual revenue breakdown by geography, as of Dec 24: Non-US (49.44%), KOREA, REPUBLIC OF (31.06%), CHINA (17.91%), UNITED STATES (1.12%), JAPAN (0.28%), and Other Non U S (0.19%).

Quarterly Revenue by Country

Country	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
JAPAN	$1.70M	$413.00K	$596.00K	$503.00K	$1.26M	$1.25M	$1.80M	$2.02M	$1.51M	$1.65M	$1.12M	$2.01M	$1.39M	$1.05M	$2.13M	$1.91M	$2.00M	$1.31M	$1.14M	$2.28M
KOREA, REPUBLIC OF	$86.52M	$87.33M	$92.13M	$95.11M	$108.19M	$102.40M	$87.19M	$87.23M	$82.03M	$66.06M	$91.30M	$100.56M	$79.10M	$89.69M	$84.80M	$95.74M	$86.32M	$67.97M	$95.92M	$66.67M
Non-US	$164.68M	$159.29M	$157.63M	$157.95M	$154.96M	$162.79M	$155.63M	$138.48M	$143.04M	$126.47M	$165.36M	$156.45M	$132.38M	$146.44M	$141.75M	-	-	-	-	-
Other Non U S	$534.00K	$454.00K	-	$975.00K	$273.00K	$1.67M	$555.00K	$541.00K	$1.98M	$1.34M	$1.84M	$976.00K	$715.00K	$300.00K	$880.00K	$537.00K	$895.00K	$825.00K	$253.00K	$663.00K
UNITED STATES	$7.12M	$6.99M	$4.66M	$3.68M	$3.55M	$2.47M	$2.69M	$2.60M	$3.53M	$4.00M	$3.67M	$4.11M	$4.18M	$4.03M	$4.50M	$4.11M	$4.13M	$3.38M	$4.06M	$3.90M
CHINA	$75.92M	$71.09M	$65.37M	$61.37M	$45.24M	$57.47M	$66.09M	$48.69M	$57.52M	$57.43M	$71.10M	$52.91M	$51.18M	$55.40M	$53.94M	$41.32M	$36.31M	$60.50M	$40.16M	$43.57M
Non Us	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$139.51M	$125.53M	$130.62M	$137.49M	$113.18M

Universal Display's latest quarterly revenue breakdown by geography, as of Jun 25: Non-US (48.94%), KOREA, REPUBLIC OF (25.71%), CHINA (22.56%), UNITED STATES (2.12%), JAPAN (0.51%), and Other Non U S (0.16%).

Universal Display Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
SANM	Sanmina	$7.57B	$2.04B
AMKR	Amkor	$6.32B	$1.51B
G	Genpact	$4.77B	$1.21B
CRUS	Cirrus Logic	$1.90B	$407.27M
EXLS	ExlService	$1.84B	$514.46M
DLB	Dolby Laboratories	$1.27B	$369.56M
ONTO	Onto Innovation	$987.32M	$266.61M
SMTC	Semtech	$909.30M	$257.59M
OLED	Universal Display	$647.68M	$171.79M
CAMT	Camtek	$315.38M	$97.01M
FOUR	Shift4 Payments	-	-

OLED Revenue FAQ

What is Universal Display’s yearly revenue?

Universal Display's yearly revenue for 2024 was $647.68M, representing an increase of 12.36% compared to 2023. The company's yearly revenue for 2023 was $576.43M, representing a decrease of -6.52% compared to 2022. OLED's yearly revenue for 2022 was $616.62M, representing an increase of 11.40% compared to 2021.

What is Universal Display’s quarterly revenue?

Universal Display's quarterly revenue for Q2 2025 was $171.79M, a 3.32% increase from the previous quarter (Q1 2025), and a 8.38% increase year-over-year (Q2 2024). The company's quarterly revenue for Q1 2025 was $166.28M, a 2.45% increase from the previous quarter (Q4 2024), and a 0.62% increase year-over-year (Q1 2024). OLED's quarterly revenue for Q4 2024 was $162.29M, a 0.41% increase from the previous quarter (Q3 2024), and a 2.51% increase year-over-year (Q4 2023).

What is Universal Display’s revenue growth rate?

Universal Display's revenue growth rate for the last 3 years (2022-2024) was 5.04%, and for the last 5 years (2020-2024) was 51.02%.

What are Universal Display’s revenue streams?

Universal Display's revenue streams in c 24 are Contract Research Services, Royalty And License Fees, and Material Sales. Contract Research Services generated $15.44M in revenue, accounting 2.38% of the company's total revenue, down -3.54% year-over-year. Royalty And License Fees generated $266.82M in revenue, accounting 41.20% of the company's total revenue, up 11.93% year-over-year. Material Sales generated $365.42M in revenue, accounting 56.42% of the company's total revenue, up 13.47% year-over-year.

What is Universal Display’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Universal Display was Material Sales. This segment made a revenue of $365.42M, representing 56.42% of the company's total revenue.