Universal Display Corp \Pa\ (OLED) Research & Development (2010 - 2026)
Universal Display Corp \Pa\ (OLED) recorded Research & Development of $34.97 million in Q2 2026, down 3.8% from $36.36 million a year earlier and down 0.8% from the prior quarter.
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Analysis
Universal Display Corp \Pa\ (OLED) Research & Development (2010 - 2026) Analysis & Trends
On a TTM basis, Universal Display Corp \Pa\'s Research & Development came in at $145.06 million as of Jun 30, 2026, down 5.6% year-over-year; for FY2025, it came in at $146.1 million, down 7.1% from FY2024.
- Annual Research & Development has a five-year compound annual growth rate of 11.7% (FY2020 to FY2025).
- Across earlier years, Research & Development came in at $157.19 million in FY2024 (+20.5%), $130.48 million in FY2023 (+11.5%), $117.06 million in FY2022 (+17.4%) and $99.67 million in FY2021 (+18.8%).
- The Q2 2026 figure is the lowest quarterly Research & Development since Q1 2025.
- On a year-over-year basis, Research & Development rose in four of the last eight quarters, with growth averaging 2.3%.
- Peak year-over-year performance for Research & Development in the last five years was growth of 37.6% in Q4 2024, against a decline of 16.8% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $35.25 million (Q1 2026), $38.5 million (Q4 2025) and $36.34 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,515.53 Bn | 5,289.69 Bn | 72.14 Bn | 7.05 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,348.76 Bn | 1,974.46 Bn | 27.22 Bn | 2.31 Bn |
| 3 | Broadcom | 1,668.85 Bn | 1,594.89 Bn | 20.46 Bn | 2.90 Bn |
| 4 | Micron Technology | 1,189.94 Bn | 1,128.71 Bn | 35.06 Bn | 1.32 Bn |
| 5 | Advanced Micro Devices | 992.04 Bn | 948.79 Bn | 6.20 Bn | 2.53 Bn |
| 6 | Asml Holding | 682.73 Bn | 638.57 Bn | 5.90 Bn | - |
| 7 | Intel | 585.14 Bn | 469.87 Bn | 6.51 Bn | 3.37 Bn |
| 8 | Lam Research | 393.49 Bn | 370.29 Bn | 3.48 Bn | 642.92 Mn |
| 9 | Applied Materials | 386.29 Bn | 351.73 Bn | 4.59 Bn | 1.10 Bn |
| 10 | Universal Display Corp \Pa\ | 3.49 Bn | 1.30 Bn | 115.37 Mn | 34.97 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.97 Mn |
| Mar 31, 2026 | 35.25 Mn |
| Dec 31, 2025 | 38.50 Mn |
| Sep 30, 2025 | 36.34 Mn |
| Jun 30, 2025 | 36.36 Mn |
| Mar 31, 2025 | 34.90 Mn |
| Dec 31, 2024 | 46.29 Mn |
| Sep 30, 2024 | 36.09 Mn |
| Jun 30, 2024 | 36.83 Mn |
| Mar 31, 2024 | 37.99 Mn |
| Dec 31, 2023 | 33.64 Mn |
| Sep 30, 2023 | 33.10 Mn |
| Jun 30, 2023 | 32.32 Mn |
| Mar 31, 2023 | 31.42 Mn |
| Dec 31, 2022 | 31.91 Mn |
| Sep 30, 2022 | 30.41 Mn |
| Jun 30, 2022 | 28.20 Mn |
| Mar 31, 2022 | 26.55 Mn |
| Dec 31, 2021 | 26.94 Mn |
| Sep 30, 2021 | 25.33 Mn |
API Access
Universal Display Corp \Pa\ Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=OLED&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "OLED", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=OLED&period=max&api_key=YOUR_API_KEY");
const data = await res.json();