Universal Display Q1 profit rises to $64.4 million; board authorizes $100 million buyback
Universal Display reported first-quarter 2025 revenue of $166.3 million, up from $165.3 million a year earlier, and net income of $64.4 million, or $1.35 per diluted share, versus $56.9 million, or $1.19, in the prior-year quarter. The company affirmed its 2025 revenue guidance of $640 million to $700 million and announced a $100 million share repurchase authorization, which has no time limit, alongside a second-quarter dividend of $0.45 per share.
Key points
- Q1 2025 total revenue was $166.3 million versus $165.3 million in Q1 2024; material sales fell to $86.2 million from $93.3 million, while royalty and license fees rose to $73.6 million from $68.3 million.
- Q1 2025 net income was $64.4 million, or $1.35 per diluted share, compared with $56.9 million, or $1.19 per diluted share, a year earlier.
- The Board authorized repurchases of up to $100 million of common stock, effective immediately, with no time limit; the program may be modified, suspended or discontinued at any time.
- 2025 revenue guidance of $640 million to $700 million was affirmed; the second-quarter dividend of $0.45 per share is payable June 30, 2025, to holders of record on June 16, 2025.
The filing
Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 01, 2025.
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