Universal Display Misses Q3 Revenue Expectations, Cites Timing Shifts and R&D Investments

Universal Display's Q3 CY2025 revenue fell 13.6% YoY to $139.6 million, missing analyst estimates, while GAAP profit was $0.92 per share, a 21.3% miss. The company reconfirmed its full-year revenue guidance of $675 million at the midpoint and attributed the shortfall to customer order timing and macroeconomic uncertainty. Management emphasized the upcoming commercialization of its phosphorescent blue emitter and new display manufacturing capacity as key drivers for future growth.