UNIVERSAL DISPLAY CORP \PA\ — Form 8-K
Filed July 30, 2026 · analyzed by the 8-K Agent
8-K
▼ Likely negative
significance 32/100
What the filing says
Universal Display reported Q2 2026 revenue of $152.2M vs. $171.8M in Q2 2025 (–11.4%), driven by lower material sales ($66.2M vs. $88.7M) and reduced contract research ($4.8M vs. $7.5M), partially offset by higher royalty fees ($81.2M vs. $75.7M). Net income fell 26.5% to $49.4M ($1.06/share) from $67.3M ($1.41/share) YoY. H1 2026 revenue totaled $294.4M vs. $338.1M (–13%); net income $85.3M vs. $131.7M (–35.2%). Company revised FY 2026 guidance to 'lower end' of $630M–$670M range. Concurrent actions: Q3 dividend $0.50/share; repurchased 1.16M shares for $114.2M in H1 (completing $100M program + partial $400M authorization).
Why this rating
Revenue down 13% H1; net income down 35% signals operational softness. Guidance cut material. But OLED firm remains highly profitable (76% gross margin), cash-generative ($134M operating cash flow H1), with $471M liquid assets. Decline is notable but not existential; size of event modest relative to $6.8B market cap.
See more from July 30, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.