Universal Display Corp \Pa\ (OLED) Research & Development (2010 - 2026)
Universal Display Corp \Pa\ (OLED) posted Research & Development of $35.0 million for Q2 2026, down 0.77% on a QoQ basis from $35.2 million in Q1 2026, and down 3.81% year-over-year from $36.4 million in Q2 2025.
Analysis
Universal Display Corp \Pa\ (OLED) Research & Development (2010 - 2026) Analysis & Trends
Universal Display Corp \Pa\ has reported Research & Development for 17 years, with the latest figure at $35.0 million in Q2 2026.
- On a quarterly basis, Research & Development fell 3.81% year-over-year to $35.0 million in Q2 2026; TTM through Jun 2026 was $145.1 million, a 5.58% decrease from a year earlier, with the FY2025 full-year figure at $146.1 million, down 7.06% from the prior year.
- Research & Development was $35.0 million for Q2 2026 at Universal Display Corp \Pa\, down from $35.2 million in the prior quarter.
- The five-year high for Research & Development was $46.3 million in Q4 2024, with the low at $26.5 million in Q1 2022.
- Average Research & Development over 5 years is $34.5 million, with a median of $34.9 million recorded in 2025.
- The sharpest annual moves came in 2024 and 2025: Research & Development surged 37.59% in 2024, then retreated 16.82% in 2025.
- Over 5 years, Research & Development stood at $31.9 million in 2022, then rose by 5.44% to $33.6 million in 2023, then jumped by 37.59% to $46.3 million in 2024, then dropped by 16.82% to $38.5 million in 2025, then declined by 9.17% to $35.0 million in 2026.
- The last three Research & Development figures came in at $35.0 million (Q2 2026), $35.2 million (Q1 2026), and $38.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Entegris | 21.65 Bn | 21.30 Bn | 420.00 Mn | 82.80 Mn |
| 2 | Axt | 4.28 Bn | 3.50 Bn | 21.37 Mn | 3.65 Mn |
| 3 | Universal Display Corp \Pa\ | 3.75 Bn | 3.28 Bn | 115.37 Mn | 34.97 Mn |
| 4 | Photronics | 1.68 Bn | 1.05 Bn | 65.76 Mn | 2.82 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 |