Universal Display Corp \Pa\ (OLED) Tax Rate (2010 - 2026)
Universal Display Corp \Pa\ (OLED) posted Tax Rate of 19.02% for Q2 2026, down 8.38% on a QoQ basis from 20.75% in Q1 2026, and down 79.0% year-over-year from 90.55% in Q2 2025.
Analysis
Universal Display Corp \Pa\ (OLED) Tax Rate (2010 - 2026) Analysis & Trends
Universal Display Corp \Pa\ has reported Tax Rate for 17 years, with the latest figure at 19.02% in Q2 2026.
- On a quarterly basis, Tax Rate fell 79.0% year-over-year to 19.02% in Q2 2026; TTM through Jun 2026 was 21.35%, a 31.0% increase from a year earlier, with the FY2025 full-year figure at 21.0%, changed 0.0% from the prior year.
- Tax Rate was 19.02% for Q2 2026 at Universal Display Corp \Pa\, down from 20.75% in the prior quarter.
- The five-year high for Tax Rate was 52.59% in Q4 2022, with the low at 4.45% in Q3 2023.
- Average Tax Rate over 5 years is 22.82%, with a median of 20.41% recorded in 2026.
- The sharpest annual moves came in 2022 and 2023: Tax Rate surged 3379 bps in 2022, then plunged 2223 bps in 2023.
- Over 5 years, Tax Rate stood at 52.59% in 2022, then slumped by 42 bps to 30.36% in 2023, then slipped by 2 bps to 29.65% in 2024, then dropped by 14 bps to 25.44% in 2025, then slipped by 25 bps to 19.02% in 2026.
- The last three Tax Rate figures came in at 19.02% (Q2 2026), 20.75% (Q1 2026), and 25.44% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Entegris | 21.40 Bn | 21.04 Bn | 420.00 Mn | 14.99% |
| 2 | Axt | 4.01 Bn | 3.23 Bn | 21.37 Mn | 13.89% |
| 3 | Universal Display Corp \Pa\ | 3.89 Bn | 3.42 Bn | 115.37 Mn | 19.02% |
| 4 | Photronics | 1.68 Bn | 1.05 Bn | 65.76 Mn | 19.69% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.02% |
| Mar 31, 2026 | 20.75% |
| Dec 31, 2025 | 25.44% |
| Sep 30, 2025 | 18.68% |
| Jun 30, 2025 | 19.81% |
| Mar 31, 2025 | 19.60% |
| Dec 31, 2024 | 29.65% |
| Sep 30, 2024 | 17.87% |
| Jun 30, 2024 | 19.42% |
| Mar 31, 2024 | 19.35% |
| Dec 31, 2023 | 30.36% |
| Sep 30, 2023 | 4.45% |
| Jun 30, 2023 | 22.48% |
| Mar 31, 2023 | 22.85% |
| Dec 31, 2022 | 52.59% |
| Sep 30, 2022 | 23.73% |
| Jun 30, 2022 | 24.55% |
| Mar 31, 2022 | 20.06% |
| Dec 31, 2021 | 18.81% |
| Sep 30, 2021 | 20.26% |