Universal Display (FRA:UVD) Research & Development : €126.6 Mil (TTM As of Mar. 2024)

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What is Universal Display Research & Development?

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. 2024 was €34.9 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was €126.6 Mil.

Universal Display Research & Development Historical Data

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.

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Universal Display Research & Development Chart

Universal Display Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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64.15

68.96

88.21

110.51

119.65

Universal Display Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Research & Development	Get a 7-Day Free Trial															29.35	29.83	31.01	30.85	34.95

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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €126.6 Mil.

Universal Display (FRA:UVD) 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

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Universal Display (FRA:UVD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Universal Display Corp (FRA:UVD) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

OLED:USA OLED:Mexico UVD:Germany

Address

250 Phillips Boulevard, Ewing, NJ, USA, 08618

Website

https://www.oled.com

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 a light-emitting diode, or LED, technologies, in the solid-state lighting market, and liquid crystal displays in the flat-panel-display market. A 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.

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