Universal Display Corp \Pa\ (OLED) Work In Process (2015 - 2026)
Universal Display Corp \Pa\ (OLED) posted Work In Process of $22.9 million for Q2 2026, down 10.13% on a QoQ basis from $25.5 million in Q1 2026, and up 19.57% year-over-year from $19.2 million in Q2 2025.
Analysis
Universal Display Corp \Pa\ (OLED) Work In Process (2015 - 2026) Analysis & Trends
Universal Display Corp \Pa\ has reported Work In Process for 12 years, with the latest figure at $22.9 million in Q2 2026.
- On a quarterly basis, Work In Process rose 19.57% year-over-year to $22.9 million in Q2 2026; TTM through Jun 2026 was $22.9 million, a 19.57% increase from a year earlier, with the FY2025 full-year figure at $24.1 million, up 47.2% from the prior year.
- Work In Process was $22.9 million for Q2 2026 at Universal Display Corp \Pa\, down from $25.5 million in the prior quarter.
- The five-year high for Work In Process was $28.9 million in Q3 2024, with the low at $3.8 million in Q1 2023.
- Average Work In Process over 5 years is $16.6 million, with a median of $16.5 million recorded in 2022.
- The sharpest annual moves came in 2022 and 2023: Work In Process surged 419.57% in 2022, then plunged 74.82% in 2023.
- Over 5 years, Work In Process stood at $7.6 million in 2022, then increased by 23.7% to $9.4 million in 2023, then jumped by 73.58% to $16.4 million in 2024, then jumped by 47.2% to $24.1 million in 2025, then retreated by 4.93% to $22.9 million in 2026.
- The last three Work In Process figures came in at $22.9 million (Q2 2026), $25.5 million (Q1 2026), and $24.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Entegris | 21.68 Bn | 21.33 Bn | 420.00 Mn |
| 2 | Axt | 4.26 Bn | 3.47 Bn | 21.37 Mn |
| 3 | Universal Display Corp \Pa\ | 3.77 Bn | 3.30 Bn | 115.37 Mn |
| 4 | Photronics | 1.69 Bn | 1.05 Bn | 65.76 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.91 Mn |
| Mar 31, 2026 | 25.50 Mn |
| Dec 31, 2025 | 24.10 Mn |
| Sep 30, 2025 | 23.29 Mn |
| Jun 30, 2025 | 19.16 Mn |
| Mar 31, 2025 | 22.45 Mn |
| Dec 31, 2024 | 16.37 Mn |
| Sep 30, 2024 | 28.93 Mn |
| Jun 30, 2024 | 20.20 Mn |
| Mar 31, 2024 | 13.61 Mn |
| Dec 31, 2023 | 9.43 Mn |
| Sep 30, 2023 | 7.49 Mn |
| Jun 30, 2023 | 6.15 Mn |
| Mar 31, 2023 | 3.77 Mn |
| Dec 31, 2022 | 7.63 Mn |
| Sep 30, 2022 | 15.43 Mn |
| Jun 30, 2022 | 16.54 Mn |
| Mar 31, 2022 | 14.97 Mn |
| Dec 31, 2021 | 16.07 Mn |
| Sep 30, 2021 | 11.41 Mn |