Universal Display Corp \Pa\ (OLED) Operating Expenses (2010 - 2026)
Universal Display Corp \Pa\ (OLED) posted Operating Expenses of $61.7 million for Q2 2026, down 2.56% on a QoQ basis from $63.3 million in Q1 2026, and down 3.64% year-over-year from $64.1 million in Q2 2025.
Analysis
Universal Display Corp \Pa\ (OLED) Operating Expenses (2010 - 2026) Analysis & Trends
Universal Display Corp \Pa\ has reported Operating Expenses for 17 years, with the latest figure at $61.7 million in Q2 2026.
- On a quarterly basis, Operating Expenses fell 3.64% year-over-year to $61.7 million in Q2 2026; TTM through Jun 2026 was $250.4 million, a 1.32% decrease from a year earlier, with the FY2025 full-year figure at $247.9 million, down 4.8% from the prior year.
- Operating Expenses was $61.7 million for Q2 2026 at Universal Display Corp \Pa\, down from $63.3 million in the prior quarter.
- The five-year high for Operating Expenses was $72.5 million in Q4 2024, with the low at $52.1 million in Q1 2023.
- Average Operating Expenses over 5 years is $59.9 million, with a median of $58.6 million recorded in 2024.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses climbed 25.88% in 2024, then decreased 11.12% in 2025.
- Over 5 years, Operating Expenses stood at $55.9 million in 2022, then gained by 3.05% to $57.6 million in 2023, then climbed by 25.88% to $72.5 million in 2024, then decreased by 11.12% to $64.4 million in 2025, then declined by 4.15% to $61.7 million in 2026.
- The last three Operating Expenses figures came in at $61.7 million (Q2 2026), $63.3 million (Q1 2026), and $64.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Entegris | 21.40 Bn | 21.04 Bn | 420.00 Mn | 209.30 Mn |
| 2 | Axt | 4.01 Bn | 3.23 Bn | 21.37 Mn | 10.94 Mn |
| 3 | Universal Display Corp \Pa\ | 3.89 Bn | 3.42 Bn | 115.37 Mn | 61.72 Mn |
| 4 | Photronics | 1.68 Bn | 1.05 Bn | 65.76 Mn | 23.58 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 61.72 Mn |
| Mar 31, 2026 | 63.34 Mn |
| Dec 31, 2025 | 64.39 Mn |
| Sep 30, 2025 | 60.98 Mn |
| Jun 30, 2025 | 64.05 Mn |
| Mar 31, 2025 | 58.48 Mn |
| Dec 31, 2024 | 72.45 Mn |
| Sep 30, 2024 | 58.81 Mn |
| Jun 30, 2024 | 63.74 Mn |
| Mar 31, 2024 | 65.42 Mn |
| Dec 31, 2023 | 57.56 Mn |
| Sep 30, 2023 | 58.39 Mn |
| Jun 30, 2023 | 55.79 Mn |
| Mar 31, 2023 | 52.13 Mn |
| Dec 31, 2022 | 55.85 Mn |
| Sep 30, 2022 | 54.70 Mn |
| Jun 30, 2022 | 56.01 Mn |
| Mar 31, 2022 | 55.06 Mn |
| Dec 31, 2021 | 57.54 Mn |
| Sep 30, 2021 | 54.41 Mn |