OLED (Universal Display) Research & Development: $146.4 Mil (TTM As of Mar. 2026)


OLED Universal Display Corp OLED
84 GF Score
Price $87.60
GF Value $153.50
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Universal Display Research & Development?

Universal Display OLED +2.34% 84 Research & Development is $146.4 Mil as of Mar. 2026. GuruFocus rates OLED with a GF Score™ of 84/100 and a GF Value™ of $153.50 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Universal Display's Research & Development for the three months ended in Mar. 2026 was $35.2 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was $146.4 Mil.

Universal Display  (NAS:OLED) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Universal Display Research & Development Related Terms

Universal Display Research & Development Historical Data

* Premium members only.

The historical data trend for Universal Display's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Universal Display Research & Development Chart

Universal Display Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 99.67 117.06 130.48 157.19 146.10

Universal Display Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.90 36.36 36.34 38.50 35.25
OLED
84GF Score
Universal Display Corp OLED
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Universal Display Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $146.4 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of $146.4 Mil mean?
Universal Display (OLED) has a Research & Development of $146.4 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Universal Display and its competitors.
Is Universal Display's Research & Development too high?
Universal Display's current Research & Development is $146.4 Mil. Overall, Universal Display has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Universal Display's Research & Development compare to BELFB and OSIS?
Universal Display's Research & Development of $146.4 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Hardware company?
A good Research & Development depends on the Hardware industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Universal Display and its competitors. Universal Display's current Research & Development is $146.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Universal Display stock overvalued right now?
Based on GuruFocus' analysis, Universal Display (OLED) is currently considered Significantly Undervalued. The stock's GF Value™ is $153.50, compared to a current price of $87.60 — trading 42.9% below its estimated fair value. The current Research & Development is $146.4 Mil. Universal Display's overall GF Score™ is 84/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Universal Display (OLED), the current Research & Development is $146.4 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Universal Display (OLED) Overvalued in 2026?

Based on GuruFocus' analysis, Universal Display stock appears to be undervalued. The current stock price of $87.60 is trading 42.9% below its estimated GF Value™ of $153.50. GuruFocus considers Universal Display to be Significantly Undervalued.

Key valuation signals for OLED:

  • Research & Development: $146.4 Mil
  • GF Value™: $153.50 vs. price of $87.60 (42.9% below fair value)
  • GF Score™: 84/100 with 2 warning signs

No single metric tells the full story. See the OLED stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Universal Display Business Description

Address 250 Phillips Boulevard, Ewing, NJ, USA, 08618
Universal Display Corp researches, develops, and manufactures organic light-emitting diode, or OLED, technologies for use in displays for mobile phones, tablets, televisions, wearables, personal computers, automotive interiors, and the solid-state lighting market. OLED technologies are an alternative to light-emitting diode, or LED, technologies, in the solid-state lighting market, and liquid crystal displays in the flat-panel-display market. The Company has one reportable business segment being OLED technologies and materials. The large majority of the firm's revenue is generated in South Korea, with the rest coming from Japan, China, the United States, and other countries across the world.
84GF Score

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Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$87.60
Price
$153.50
GF Value