---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-269519"
form_type: "8-K"
ticker: "OLED"
cik: "0001005284"
company_name: "UNIVERSAL DISPLAY CORP PA"
filed_at: "2025-11-06T23:59:59+00:00"
generated_at: "2026-05-16T23:19:03.854922+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Universal Display Q3 revenue falls to $139.6M; acquires Merck KGaA OLED patents for $50M

## Summary
- Q3 2025 total revenue $139.6M, down from $161.6M in Q3 2024; net income $44.0M vs $66.9M.
- Royalty and license fees fell to $53.3M from $74.6M, including a $9.5M out-of-period adjustment.
- Company revises 2025 revenue guidance to around lower end of prior $650M-$700M range.
- UDC agrees to buy over 300 OLED patents from Merck KGaA for $50M, expected close in Q1 2026.
- Board declares Q4 dividend of $0.45 per share, payable Dec 31, 2025.

## SEC filing metadata
- accession: 0001193125-25-269519
- form_type: 8-K
- ticker: OLED
- cik: 0001005284
- company_name: UNIVERSAL DISPLAY CORP PA
- filed_at: 2025-11-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1005284/000119312525269519/0001193125-25-269519-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1005284/000119312525269519/oled-20251106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-269519
- JSON: https://secwatch.observer/filing/0001193125-25-269519.json
- Plain text: https://secwatch.observer/filing/0001193125-25-269519.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.