Universal Display Corporation reported a slight increase in total revenue for the first quarter of 2025 compared to the same period last year, driven by growth in royalty and license fees and contract research services, offsetting a decrease in material sales. Net income and operating income also saw increases.
Total revenue for Q1 2025 was $166.3 million, up slightly from $165.3 million in Q1 2024.
Net income increased to $64.4 million ($1.35 per diluted share) in Q1 2025 from $56.9 million ($1.19 per diluted share) in Q1 2024.
Operating income grew to $69.7 million in Q1 2025, up from $62.9 million in the prior year period.
The company affirmed its full-year 2025 revenue guidance range of $640 million to $700 million despite macroeconomic uncertainty.
Universal Display Corporation affirmed its previous revenue guidance for 2025, projecting revenue in the range of $640 million to $700 million, despite acknowledging increased complexity and uncertainty in the global landscape.
Visualization of income flow from segment revenue to net income