Universal Display Corporation (OLED) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 932.28M | 1.09B | 1.04B | 1.01B | 1.02B | 899.83M | 941.85M | 959.48M | 921.27M | 917.13M | 878.72M | 878.15M | 950.22M | 899.45M | 977.19M | 932.16M | 959.79M | 925.93M | 1.06B | 992.89M |
| Cash & Short-Term Investments | 516.41M | 602.36M | 602.98M | 525.21M | 571.28M | 492.67M | 551.55M | 530.52M | 539.3M | 514.12M | 491.67M | 559.15M | 646.11M | 577.77M | 688.8M | 653.35M | 682.48M | 663.19M | 788.94M | 733.45M |
| Cash Only | 159.35M | 138.35M | 121.61M | 95.8M | 157.47M | 98.98M | 79.56M | 92.86M | 74.01M | 91.98M | 79.32M | 93.47M | 158.29M | 93.43M | 187.75M | 213.9M | 357.42M | 311.99M | 535.16M | 542.91M |
| Short-Term Investments | 357.06M | 464M | 481.37M | 429.4M | 413.81M | 393.69M | 471.99M | 437.67M | 465.29M | 422.14M | 412.35M | 465.68M | 487.81M | 484.35M | 501.05M | 439.45M | 325.06M | 351.19M | 253.79M | 190.54M |
| Accounts Receivable | 93.63M | 119.95M | 74.21M | 147.04M | 139.56M | 113.65M | 87.69M | 124.39M | 119.58M | 139.85M | 122.19M | 109.39M | 92.68M | 92.66M | 78.19M | 74.93M | 104.95M | 107.64M | 96.23M | 99.63M |
| Days Sales Outstanding | 67.58 | 51.65 | 72.9 | 75.91 | 68.53 | 57.07 | 60.36 | 70.03 | 71.43 | 76.14 | 75.51 | 62.73 | 63.93 | 46.5 | 43.87 | 59.93 | 63.58 | 64.13 | 62.73 | 67.01 |
| Inventory | 248.21M | 240.91M | 212.62M | 208.2M | 197.4M | 182.94M | 175.96M | 171.84M | 172.91M | 175.79M | 181.41M | 175.85M | 174.25M | 183.22M | 180.19M | 165.63M | 143.24M | 134.16M | 121.48M | 104.65M |
| Days Inventory Outstanding | 609.36 | 454 | 481.37 | 420.69 | 399.95 | 441.99 | 446.75 | 409.26 | 429.17 | 456.18 | 479.85 | 495.65 | 487.9 | 555.42 | 425.4 | 515.94 | 376.41 | 364.72 | 330.43 | 335.24 |
| Other Current Assets | 74.03M | 123.84M | 147.5M | 130.35M | 110.17M | 110.58M | 126.64M | 132.73M | 89.48M | 87.36M | 83.44M | 33.75M | 37.19M | 45.79M | 30M | 38.24M | 29.12M | 20.95M | 48.48M | 55.16M |
| Total Non-Current Assets | 962.44M | 885.8M | 910.14M | 920.9M | 846.07M | 932.5M | 869.04M | 817.08M | 762.44M | 751.83M | 744.2M | 662.71M | 585.49M | 633.37M | 553.13M | 567.28M | 527.45M | 540.99M | 373.45M | 357.82M |
| Property, Plant & Equipment | 213.15M | 234.87M | 232.26M | 224.2M | 216.09M | 215.11M | 213.41M | 208.56M | 199.89M | 200.06M | 199.96M | 187.05M | 175.85M | 174.93M | 165.85M | 166.57M | 161.52M | 159.45M | 118.99M | 113.19M |
| Fixed Asset Turnover | 0.63x | 0.74x | 0.61x | 0.78x | 0.77x | 0.76x | 0.77x | 0.78x | 0.83x | 0.79x | 0.73x | 0.81x | 0.74x | 0.99x | 0.97x | 0.83x | 0.94x | 1.05x | 1.24x | 1.17x |
| Goodwill | 15.54M | 15.54M | 15.54M | 15.54M | 15.54M | 15.54M | 15.54M | 15.54M | 15.54M | 15.54M | 15.54M | 15.54M | 15.54M | 15.54M | 15.54M | 15.54M | 15.54M | 15.54M | 15.54M | 15.54M |
| Intangible Assets | 3.67M | 60.8M | 65.35M | 69.91M | 74.45M | 79M | 83.55M | 88.1M | 92.65M | 97.2M | 101.75M | 105.81M | 43.79M | 46.63M | 49.58M | 48.39M | 53.89M | 59.38M | 64.84M | 70.35M |
| Long-Term Investments | 419.67M | 479.81M | 422.93M | 432.37M | 369.03M | 457.59M | 396.93M | 362.46M | 312.94M | 299.55M | 301.19M | 211.36M | 213.37M | 259.86M | 173.87M | 200.14M | 164.13M | 168.08M | 8.5M | 8.5M |
| Other Non-Current Assets | 230.96M | 6.23M | 96.72M | 95.98M | 89.56M | 86.95M | 87.47M | 75.75M | 78.38M | 80.38M | 76.13M | 72.59M | 73.66M | 78.25M | 105.29M | 99.64M | 96.58M | 105.1M | 133.11M | 114.68M |
| Total Assets | 1.89B | 1.97B | 1.95B | 1.93B | 1.86B | 1.83B | 1.81B | 1.78B | 1.68B | 1.67B | 1.62B | 1.54B | 1.54B | 1.53B | 1.53B | 1.5B | 1.49B | 1.47B | 1.43B | 1.35B |
| Asset Turnover | 0.07x | 0.09x | 0.07x | 0.09x | 0.09x | 0.09x | 0.09x | 0.09x | 0.10x | 0.10x | 0.09x | 0.10x | 0.09x | 0.11x | 0.11x | 0.09x | 0.10x | 0.10x | 0.10x | 0.10x |
| Asset Growth % | 1.62% | 7.67% | 7.54% | 8.73% | 10.74% | 9.79% | 11.58% | 15.3% | 9.64% | 8.88% | 6.05% | 2.76% | 3.26% | 4.49% | 7.12% | 11.01% | 13.49% | 15.58% | 16.62% | 16.33% |
| Total Current Liabilities | 97.76M | 108.01M | 108.64M | 125.56M | 113.1M | 125.41M | 131.16M | 152M | 94.98M | 118.82M | 131.34M | 80.73M | 114.96M | 135.7M | 138.2M | 155.21M | 178.25M | 187.94M | 180.26M | 162.56M |
| Accounts Payable | 17.04M | 23.34M | 34.73M | 38.47M | 28.29M | 36.59M | 24.7M | 23.64M | 12.84M | 10.93M | 20.62M | 7.33M | 9.74M | 9.52M | 13.36M | 14.05M | 27.06M | 14.96M | 10.94M | 10.33M |
| Days Payables Outstanding | 50.31 | 58.13 | 83.73 | 69.24 | 68.23 | 75.48 | 62.08 | 43.3 | 29.26 | 40.3 | 37.55 | 24.17 | 26.29 | 34.96 | 33.71 | 68.67 | 57.02 | 36.94 | 31.08 | 40.79 |
| Short-Term Debt | 0 | 4.75M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 21.04M | 21.01M | 23.26M | 36.01M | 22.77M | 33.07M | 47.39M | 63.78M | 19.16M | 47.71M | 66.83M | 29.73M | 37.42M | 45.6M | 67.25M | 99.11M | 111.78M | 120.86M | 123.47M | 122.98M |
| Other Current Liabilities | 59.69M | 29.75M | 31.77M | 27.66M | 41.08M | 38.46M | 28.42M | 27.28M | 35.06M | 37.55M | 28.08M | 27.56M | 54.98M | 61.33M | 30.02M | 22.73M | 25.45M | 34.33M | 3.11M | 2M |
| Current Ratio | 9.54x | 10.06x | 9.55x | 8.05x | 9.00x | 7.18x | 7.18x | 6.31x | 9.70x | 7.72x | 6.69x | 10.88x | 8.27x | 6.63x | 7.07x | 6.01x | 5.38x | 4.93x | 5.85x | 6.11x |
| Quick Ratio | 7.00x | 7.83x | 7.59x | 6.39x | 7.26x | 5.72x | 5.84x | 5.18x | 7.88x | 6.24x | 5.31x | 8.70x | 6.75x | 5.28x | 5.77x | 4.94x | 4.58x | 4.21x | 5.18x | 5.46x |
| Cash Conversion Cycle | 626.63 | 447.52 | 470.54 | 427.35 | 400.25 | 423.58 | 445.02 | 435.99 | 471.33 | 492.02 | 517.82 | 534.21 | 525.54 | 566.95 | 435.56 | 507.2 | 382.97 | 391.9 | 362.08 | 361.46 |
| Total Non-Current Liabilities | 92.97M | 103.83M | 94M | 91.53M | 92.06M | 90.4M | 92.97M | 97.72M | 103.84M | 102.91M | 109.21M | 121.36M | 121.29M | 121.75M | 180.3M | 178.92M | 177.68M | 179.07M | 212.01M | 196.54M |
| Long-Term Debt | 0 | 19.22M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 19.22M | 20.36M | 17.79M | 18.79M | 19.14M | 20.11M | 21.02M | 21.95M | 22.86M | 23.38M | 27.2M | 28.15M | 29.04M | 24.84M | 25.24M | 26.31M | 27.26M | 0 | 0 |
| Deferred Tax Liabilities | 0 | 9.1M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 92.97M | 54.35M | 72.06M | 71.52M | 70.92M | 70.73M | 70.48M | 69.97M | 68.6M | 68.05M | 76.97M | 75.75M | 75.29M | 74.44M | 128.7M | 123.65M | 119.63M | 115.59M | 168.55M | 150.36M |
| Total Liabilities | 190.74M | 211.84M | 202.65M | 217.09M | 205.16M | 215.81M | 224.13M | 249.72M | 198.81M | 221.74M | 240.55M | 202.09M | 236.25M | 257.45M | 318.5M | 334.13M | 355.93M | 367M | 392.27M | 359.1M |
| Total Debt | 0 | 43.19M | 20.36M | 17.79M | 18.79M | 19.14M | 20.11M | 21.02M | 21.95M | 22.86M | 23.38M | 27.2M | 28.15M | 29.04M | 24.84M | 25.24M | 26.31M | 27.26M | 0 | 0 |
| Net Debt | -159.35M | -95.17M | -101.25M | -78.02M | -138.69M | -79.84M | -59.45M | -71.84M | -52.07M | -69.13M | -55.94M | -66.28M | -130.14M | -64.39M | -162.91M | -188.65M | -331.11M | -284.73M | -535.16M | -542.91M |
| Debt / Equity | - | 0.02x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | - | - |
| Debt / EBITDA | - | 0.53x | 0.37x | 0.22x | 0.23x | 0.30x | 0.26x | 0.31x | 0.30x | 0.30x | 0.39x | 0.39x | 0.51x | 0.31x | 0.32x | 0.39x | 0.36x | 0.40x | - | - |
| Net Debt / EBITDA | -3.73x | -1.18x | -1.83x | -0.98x | -1.70x | -1.26x | -0.76x | -1.06x | -0.70x | -0.90x | -0.93x | -0.96x | -2.38x | -0.69x | -2.08x | -2.92x | -4.51x | -4.22x | -7.82x | -8.99x |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 1.7B | 1.76B | 1.74B | 1.71B | 1.66B | 1.62B | 1.59B | 1.53B | 1.48B | 1.45B | 1.38B | 1.34B | 1.3B | 1.28B | 1.21B | 1.17B | 1.13B | 1.1B | 1.04B | 991.62M |
| Equity Growth % | 2.69% | 8.94% | 9.96% | 12.3% | 11.75% | 11.7% | 14.79% | 14.05% | 14.27% | 13.48% | 14.07% | 14.89% | 14.86% | 15.95% | 16.94% | 17.52% | 18.78% | 20.51% | 17.81% | 18.08% |
| Book Value per Share | 36.10 | 36.93 | 36.60 | 35.96 | 34.79 | 33.91 | 33.29 | 32.06 | 31.18 | 30.37 | 29.02 | 28.11 | 27.32 | 26.85 | 25.53 | 24.55 | 23.85 | 23.21 | 21.88 | 20.94 |
| Total Shareholders' Equity | 1.7B | 1.76B | 1.74B | 1.71B | 1.66B | 1.62B | 1.59B | 1.53B | 1.48B | 1.45B | 1.38B | 1.34B | 1.3B | 1.28B | 1.21B | 1.17B | 1.13B | 1.1B | 1.04B | 991.62M |
| Common Stock | 490K | 489K | 489K | 489K | 489K | 488K | 488K | 488K | 488K | 487K | 487K | 487K | 487K | 491K | 491K | 491K | 491K | 491K | 491K | 491K |
| Retained Earnings | 1.1B | 1.09B | 1.05B | 1.02B | 977.56M | 934.65M | 907.78M | 860.06M | 826.88M | 789.55M | 744.23M | 709.37M | 676.35M | 653.28M | 602.4M | 563.19M | 535.94M | 500.21M | 463.82M | 427.19M |
| Treasury Stock | 0 | -75.42M | -41.28M | -41.28M | -41.28M | -41.28M | -41.28M | -41.28M | -41.28M | -41.28M | -41.28M | -41.28M | -41.28M | -41.28M | -41.28M | -41.28M | -41.28M | -41.28M | -41.28M | -41.28M |
| Accumulated OCI | -2.57M | 781K | 919K | 153K | 294K | -1.05M | 2.58M | -4.66M | -3.79M | -1.09M | -14.96M | -16.31M | -15.48M | -18.45M | -24.56M | -23.18M | -21.89M | -18.23M | -32.76M | -33.77M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |