Universal Display Research and Development Expenses 2010-2024 | OLED
Universal Display annual/quarterly research and development expenses history and growth rate from 2010 to 2024. Research and development expenses can be defined as an expense arising from studies and product development processes.
- Universal Display research and development expenses for the quarter ending September 30, 2024 were $0.036B, a 9.03% increase year-over-year.
- Universal Display research and development expenses for the twelve months ending September 30, 2024 were $0.145B, a 12.27% increase year-over-year.
- Universal Display annual research and development expenses for 2023 were $0.13B, a 11.46% increase from 2022.
- Universal Display annual research and development expenses for 2022 were $0.117B, a 17.45% increase from 2021.
- Universal Display annual research and development expenses for 2021 were $0.1B, a 18.81% increase from 2020.
Universal Display Annual Research and Development Expenses
(Millions of US $) |
| 2023 |
$130 |
| 2022 |
$117 |
| 2021 |
$100 |
| 2020 |
$84 |
| 2019 |
$71 |
| 2018 |
$54 |
| 2017 |
$49 |
| 2016 |
$43 |
| 2015 |
$45 |
| 2014 |
$41 |
| 2013 |
$34 |
| 2012 |
$30 |
| 2011 |
$24 |
| 2010 |
$22 |
| 2009 |
$21 |
Universal Display Quarterly Research and Development Expenses
(Millions of US $) |
| 2024-09-30 |
$36 |
| 2024-06-30 |
$37 |
| 2024-03-31 |
$38 |
| 2023-12-31 |
$34 |
| 2023-09-30 |
$33 |
| 2023-06-30 |
$32 |
| 2023-03-31 |
$31 |
| 2022-12-31 |
$32 |
| 2022-09-30 |
$30 |
| 2022-06-30 |
$28 |
| 2022-03-31 |
$27 |
| 2021-12-31 |
$27 |
| 2021-09-30 |
$25 |
| 2021-06-30 |
$24 |
| 2021-03-31 |
$23 |
| 2020-12-31 |
$22 |
| 2020-09-30 |
$21 |
| 2020-06-30 |
$21 |
| 2020-03-31 |
$19 |
| 2019-12-31 |
$20 |
| 2019-09-30 |
$17 |
| 2019-06-30 |
$19 |
| 2019-03-31 |
$16 |
| 2018-12-31 |
$15 |
| 2018-09-30 |
$14 |
| 2018-06-30 |
$13 |
| 2018-03-31 |
$12 |
| 2017-12-31 |
$15 |
| 2017-09-30 |
$12 |
| 2017-06-30 |
$11 |
| 2017-03-31 |
$12 |
| 2016-12-31 |
$11 |
| 2016-09-30 |
$10 |
| 2016-06-30 |
$11 |
| 2016-03-31 |
$10 |
| 2015-12-31 |
$13 |
| 2015-09-30 |
$11 |
| 2015-06-30 |
$11 |
| 2015-03-31 |
$10 |
| 2014-12-31 |
$13 |
| 2014-09-30 |
$8 |
| 2014-06-30 |
$11 |
| 2014-03-31 |
$10 |
| 2013-12-31 |
$10 |
| 2013-09-30 |
$8 |
| 2013-06-30 |
$7 |
| 2013-03-31 |
$9 |
| 2012-12-31 |
$8 |
| 2012-09-30 |
$8 |
| 2012-06-30 |
$7 |
| 2012-03-31 |
$7 |
| 2011-12-31 |
$6 |
| 2011-09-30 |
$6 |
| 2011-06-30 |
$6 |
| 2011-03-31 |
$7 |
| 2010-12-31 |
$6 |
| 2010-09-30 |
$6 |
| 2010-06-30 |
$6 |
| 2010-03-31 |
$5 |
| 2009-12-31 |
$6 |
| 2009-09-30 |
$5 |
| 2009-06-30 |
$5 |
| 2009-03-31 |
$5 |
| Sector |
Industry |
Market Cap |
Revenue |
| Computer and Technology |
Miscelleneous Electrical Components |
$7.993B |
$0.576B |
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Universal Display Corporation is a leading developer of technology and intellectual property (IP) for the Organic Light Emitting Diodes (OLED) market. OLEDs are thin, lightweight and power-efficient solid-state devices that emit light. This can be manufactured on both flexible and rigid substrates, making them highly suitable for use in full-color displays and also as lighting products. The company reports operations mainly under three heads, namely Material sales, Royalty and license fees and Contract research services. Material sales include revenues from both phosphorescent emitter and host materials. Royalty and license fees include fee payments under patent license agreement with SDC, and licensed sales and royalties from customers. Contract research services include revenues earned by Adesis, which performs organic and organometallic synthetics research, development and commercialization on a contractual basis for the company's customers.
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