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Side-by-side financial comparison of BALCHEM CORP (BCPC) and UNIVERSAL DISPLAY CORP \PA\ (OLED). Click either name above to swap in a different company.
BALCHEM CORP is the larger business by last-quarter revenue ($270.7M vs $142.2M, roughly 1.9× UNIVERSAL DISPLAY CORP \PA\). UNIVERSAL DISPLAY CORP \PA\ runs the higher net margin — 25.2% vs 14.9%, a 10.4% gap on every dollar of revenue. On growth, BALCHEM CORP posted the faster year-over-year revenue change (8.1% vs -14.5%). Over the past eight quarters, BALCHEM CORP's revenue compounded faster (7.5% CAGR vs -5.3%).
Balchem Corp is a global specialty chemicals and nutritional ingredients provider that develops, manufactures and distributes application-specific products for human nutrition, animal health, pharmaceutical and industrial end markets, serving customers across North America, Europe and Asia Pacific.
Universal Display Corporation is a developer and manufacturer of organic light emitting diode (OLED) technologies and materials, and it is a provider of services to the display and lighting industries.
BCPC vs OLED — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $270.7M | $142.2M |
| Net Profit | $40.3M | $35.9M |
| Gross Margin | — | 74.6% |
| Operating Margin | 20.5% | 30.1% |
| Net Margin | 14.9% | 25.2% |
| Revenue YoY | 8.1% | -14.5% |
| Net Profit YoY | 8.7% | -44.3% |
| EPS (diluted) | $1.25 | $0.76 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $270.7M | $142.2M | ||
| Q4 25 | $263.6M | $172.9M | ||
| Q3 25 | $267.6M | $139.6M | ||
| Q2 25 | $255.5M | $171.8M | ||
| Q1 25 | $250.5M | $166.3M | ||
| Q4 24 | $240.0M | $162.3M | ||
| Q3 24 | $239.9M | $161.6M | ||
| Q2 24 | $234.1M | $158.5M |
| Q1 26 | $40.3M | $35.9M | ||
| Q4 25 | $39.2M | $66.3M | ||
| Q3 25 | $40.3M | $44.0M | ||
| Q2 25 | $38.3M | $67.3M | ||
| Q1 25 | $37.1M | $64.4M | ||
| Q4 24 | $33.6M | $46.0M | ||
| Q3 24 | $33.8M | $66.9M | ||
| Q2 24 | $32.1M | $52.3M |
| Q1 26 | — | 74.6% | ||
| Q4 25 | 35.6% | 76.1% | ||
| Q3 25 | 35.7% | 74.6% | ||
| Q2 25 | 36.4% | 77.2% | ||
| Q1 25 | 35.2% | 77.1% | ||
| Q4 24 | 36.0% | 77.0% | ||
| Q3 24 | 35.6% | 77.8% | ||
| Q2 24 | 35.5% | 75.8% |
| Q1 26 | 20.5% | 30.1% | ||
| Q4 25 | 19.8% | 38.9% | ||
| Q3 25 | 20.4% | 30.9% | ||
| Q2 25 | 20.1% | 39.9% | ||
| Q1 25 | 20.4% | 41.9% | ||
| Q4 24 | 19.8% | 32.3% | ||
| Q3 24 | 20.0% | 41.5% | ||
| Q2 24 | 19.6% | 35.6% |
| Q1 26 | 14.9% | 25.2% | ||
| Q4 25 | 14.9% | 38.4% | ||
| Q3 25 | 15.1% | 31.5% | ||
| Q2 25 | 15.0% | 39.2% | ||
| Q1 25 | 14.8% | 38.8% | ||
| Q4 24 | 14.0% | 28.4% | ||
| Q3 24 | 14.1% | 41.4% | ||
| Q2 24 | 13.7% | 33.0% |
| Q1 26 | $1.25 | $0.76 | ||
| Q4 25 | $1.21 | $1.40 | ||
| Q3 25 | $1.24 | $0.92 | ||
| Q2 25 | $1.17 | $1.41 | ||
| Q1 25 | $1.13 | $1.35 | ||
| Q4 24 | $1.03 | $0.96 | ||
| Q3 24 | $1.03 | $1.40 | ||
| Q2 24 | $0.98 | $1.10 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $72.9M | $516.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.3B | — |
| Total Assets | $1.7B | $1.9B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $72.9M | $516.4M | ||
| Q4 25 | $74.6M | $602.4M | ||
| Q3 25 | $65.1M | $603.0M | ||
| Q2 25 | $65.4M | $525.2M | ||
| Q1 25 | $49.9M | $571.3M | ||
| Q4 24 | $49.5M | $492.7M | ||
| Q3 24 | $73.7M | $551.6M | ||
| Q2 24 | $63.7M | $530.5M |
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $1.8B | ||
| Q3 25 | $1.3B | $1.7B | ||
| Q2 25 | $1.3B | $1.7B | ||
| Q1 25 | $1.2B | $1.7B | ||
| Q4 24 | $1.1B | $1.6B | ||
| Q3 24 | $1.2B | $1.6B | ||
| Q2 24 | $1.1B | $1.5B |
| Q1 26 | $1.7B | $1.9B | ||
| Q4 25 | $1.7B | $2.0B | ||
| Q3 25 | $1.7B | $1.9B | ||
| Q2 25 | $1.7B | $1.9B | ||
| Q1 25 | $1.6B | $1.9B | ||
| Q4 24 | $1.6B | $1.8B | ||
| Q3 24 | $1.6B | $1.8B | ||
| Q2 24 | $1.6B | $1.8B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $40.1M | $108.9M |
| Free Cash FlowOCF − Capex | $33.8M | — |
| FCF MarginFCF / Revenue | 12.5% | — |
| Capex IntensityCapex / Revenue | 2.3% | — |
| Cash ConversionOCF / Net Profit | 0.99× | 3.03× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $40.1M | $108.9M | ||
| Q4 25 | $67.3M | $31.1M | ||
| Q3 25 | $65.6M | $97.2M | ||
| Q2 25 | $47.3M | $51.9M | ||
| Q1 25 | $36.5M | $30.6M | ||
| Q4 24 | $52.3M | $34.7M | ||
| Q3 24 | $51.3M | $79.9M | ||
| Q2 24 | $45.0M | $67.0M |
| Q1 26 | $33.8M | — | ||
| Q4 25 | — | $15.1M | ||
| Q3 25 | — | $84.3M | ||
| Q2 25 | — | $37.5M | ||
| Q1 25 | — | $17.5M | ||
| Q4 24 | — | $22.0M | ||
| Q3 24 | — | $66.2M | ||
| Q2 24 | — | $57.9M |
| Q1 26 | 12.5% | — | ||
| Q4 25 | — | 8.7% | ||
| Q3 25 | — | 60.4% | ||
| Q2 25 | — | 21.8% | ||
| Q1 25 | — | 10.5% | ||
| Q4 24 | — | 13.6% | ||
| Q3 24 | — | 41.0% | ||
| Q2 24 | — | 36.5% |
| Q1 26 | 2.3% | — | ||
| Q4 25 | — | 9.3% | ||
| Q3 25 | — | 9.2% | ||
| Q2 25 | — | 8.4% | ||
| Q1 25 | — | 7.9% | ||
| Q4 24 | — | 7.8% | ||
| Q3 24 | — | 8.4% | ||
| Q2 24 | — | 5.8% |
| Q1 26 | 0.99× | 3.03× | ||
| Q4 25 | 1.72× | 0.47× | ||
| Q3 25 | 1.63× | 2.21× | ||
| Q2 25 | 1.23× | 0.77× | ||
| Q1 25 | 0.98× | 0.47× | ||
| Q4 24 | 1.56× | 0.75× | ||
| Q3 24 | 1.52× | 1.19× | ||
| Q2 24 | 1.40× | 1.28× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BCPC
Segment breakdown not available.
OLED
| Material sales | $83.7M | 59% |
| Royalty and license fees | $54.2M | 38% |
| Contract research services | $4.3M | 3% |
