Universal Display (OLED) Revenue & Revenue Breakdown
Universal Display Revenue Highlights
Latest Revenue (Y)
$576.43M
Latest Revenue (Q)
$158.50M
Main Segment (Y)
Material Sales
Main Geography (Y)
Non-US
Universal Display Revenue by Period
Universal Display Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 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 $576.43M in revenue during NA 2023, up -6.52% compared to the previous quarter, and up 232.98% compared to the same period a year ago.
Universal Display Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 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 $158.50M in revenue during Q2 2024, up -4.09% compared to the previous quarter, and up 121.49% 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 23 | Dec 22 | Dec 21 | Dec 20 |
|---|---|---|---|---|
| Material Sales | $322.03M | $331.08M | $318.62M | $229.75M |
| Royalty And License Fees | $238.39M | $267.12M | $219.03M | $185.05M |
| Contract Research Services | $16.01M | $18.42M | $15.87M | $14.06M |
Universal Display's latest annual revenue breakdown by segment (product or service), as of Dec 23: Material Sales (55.87%), Royalty And License Fees (41.36%), and Contract Research Services (2.78%).
Quarterly Revenue by Product
| Product/Service | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Royalty And License Fees | $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 |
| Contract Research Services | $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 | $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 |
Universal Display's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Material Sales (60.21%), Royalty And License Fees (37.57%), and Contract Research Services (2.22%).
Universal Display Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Non-US | $563.62M | $600.63M | $537.41M | - | - |
| KOREA, REPUBLIC OF | $322.51M | $360.64M | $334.83M | $263.08M | $250.56M |
| JAPAN | $6.97M | $5.58M | $7.36M | $7.41M | $5.28M |
| CHINA | $229.73M | $230.58M | $192.08M | $142.08M | $135.26M |
| UNITED STATES | $12.81M | $15.99M | $16.12M | $14.58M | $11.81M |
| Other Non U S | $4.41M | $3.83M | $3.14M | $1.73M | $2.27M |
| Non Us | - | - | - | $414.29M | $393.37M |
Universal Display's latest annual revenue breakdown by geography, as of Dec 23: Non-US (49.44%), KOREA, REPUBLIC OF (28.29%), CHINA (20.15%), UNITED STATES (1.12%), JAPAN (0.61%), and Other Non U S (0.39%).
Quarterly Revenue by Country
| Country | 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 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| UNITED STATES | $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 | $3.89M | $2.73M | $3.14M | $2.59M |
| KOREA, REPUBLIC OF | $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 | $31.06M | $69.42M | $60.26M | $70.04M |
| Non-US | $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 | $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 | $315.00K | $497.00K | $552.00K | $539.00K |
| CHINA | $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 | $20.51M | $37.83M | $36.30M | $23.20M |
| JAPAN | $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 | $2.20M | $1.79M | $1.47M | $1.14M |
| Non Us | - | - | - | - | - | - | - | - | - | - | - | $139.51M | $125.53M | $130.62M | $137.49M | $113.18M | $54.08M | $109.54M | $98.59M | $94.92M |
Universal Display's latest quarterly revenue breakdown by geography, as of Jun 24: Non-US (49.43%), KOREA, REPUBLIC OF (34.52%), CHINA (14.43%), UNITED STATES (1.13%), JAPAN (0.40%), and Other Non U S (0.09%).
Universal Display Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| JBL | Jabil | $34.70B | $6.76B |
| FLEX | Flex | $26.41B | $4.67B |
| TEL | TE Connectivity | $16.03B | $3.98B |
| APH | Amphenol | $12.55B | $3.61B |
| SANM | Sanmina | $8.94B | $1.84B |
| PLXS | Plexus | $4.21B | $960.75M |
| FN | Fabrinet | $2.88B | $731.53M |
| BHE | Benchmark Electronics | $2.84B | $665.90M |
| MEI | Methode Electronics | $1.11B | $258.50M |
| ROG | Rogers | $908.40M | $214.20M |
| BELFA | Bel Fuse | $639.81M | $133.21M |
| OLED | Universal Display | $576.43M | $158.50M |
| VICR | Vicor | $100.00K | $85.85K |
OLED Revenue FAQ
What is Universal Display’s yearly revenue?
Universal Display's yearly revenue for 2023 was $576.43M, representing a decrease of -6.52% compared to 2022. The company's yearly revenue for 2022 was $616.62M, representing an increase of 11.40% compared to 2021. OLED's yearly revenue for 2021 was $553.52M, representing an increase of 29.07% compared to 2020.
What is Universal Display’s quarterly revenue?
Universal Display's quarterly revenue for Q2 2024 was $158.5M, a -4.09% decrease from the previous quarter (Q1 2024), and a 8.15% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $165.26M, a 4.38% increase from the previous quarter (Q4 2023), and a 26.67% increase year-over-year (Q1 2023). OLED's quarterly revenue for Q4 2023 was $158.32M, a 12.22% increase from the previous quarter (Q3 2023), and a -6.34% decrease year-over-year (Q4 2022).
What is Universal Display’s revenue growth rate?
Universal Display's revenue growth rate for the last 3 years (2021-2023) was 4.14%, and for the last 5 years (2019-2023) was 42.27%.
What are Universal Display’s revenue streams?
Universal Display's revenue streams in c 23 are Material Sales, Royalty And License Fees, and Contract Research Services. Material Sales generated $322.03M in revenue, accounting 55.87% of the company's total revenue, down -2.73% year-over-year. Royalty And License Fees generated $238.39M in revenue, accounting 41.36% of the company's total revenue, down -10.75% year-over-year. Contract Research Services generated $16.01M in revenue, accounting 2.78% of the company's total revenue, down -13.09% year-over-year.
What is Universal Display’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Universal Display was Material Sales. This segment made a revenue of $322.03M, representing 55.87% of the company's total revenue.