vs
Side-by-side financial comparison of Webull Corp (BULL) and UNIVERSAL DISPLAY CORP \PA\ (OLED). Click either name above to swap in a different company.
UNIVERSAL DISPLAY CORP \PA\ is the larger business by last-quarter revenue ($172.9M vs $131.5M, roughly 1.3× Webull Corp). UNIVERSAL DISPLAY CORP \PA\ runs the higher net margin — 38.4% vs -21.5%, a 59.9% gap on every dollar of revenue. On growth, Webull Corp posted the faster year-over-year revenue change (46.3% vs 6.6%). Webull Corp produced more free cash flow last quarter ($271.7M vs $15.1M).
Webull Corporation, often stylized as simply Webull, is a US-based financial services holding company headquartered in St. Petersburg, Florida. It provides an electronic trading platform of the same name.
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.
BULL vs OLED — Head-to-Head
Income Statement — Q2 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $131.5M | $172.9M |
| Net Profit | $-28.3M | $66.3M |
| Gross Margin | — | 76.1% |
| Operating Margin | -16.3% | 38.9% |
| Net Margin | -21.5% | 38.4% |
| Revenue YoY | 46.3% | 6.6% |
| Net Profit YoY | -144.3% | 44.2% |
| EPS (diluted) | — | $1.40 |
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.
| Q4 25 | — | $172.9M | ||
| Q3 25 | — | $139.6M | ||
| Q2 25 | $131.5M | $171.8M | ||
| Q1 25 | — | $166.3M | ||
| Q4 24 | — | $162.3M | ||
| Q3 24 | — | $161.6M | ||
| Q2 24 | $89.9M | $158.5M | ||
| Q1 24 | — | $165.3M |
| Q4 25 | — | $66.3M | ||
| Q3 25 | — | $44.0M | ||
| Q2 25 | $-28.3M | $67.3M | ||
| Q1 25 | — | $64.4M | ||
| Q4 24 | — | $46.0M | ||
| Q3 24 | — | $66.9M | ||
| Q2 24 | $-11.6M | $52.3M | ||
| Q1 24 | — | $56.9M |
| Q4 25 | — | 76.1% | ||
| Q3 25 | — | 74.6% | ||
| Q2 25 | — | 77.2% | ||
| Q1 25 | — | 77.1% | ||
| Q4 24 | — | 77.0% | ||
| Q3 24 | — | 77.8% | ||
| Q2 24 | — | 75.8% | ||
| Q1 24 | — | 77.6% |
| Q4 25 | — | 38.9% | ||
| Q3 25 | — | 30.9% | ||
| Q2 25 | -16.3% | 39.9% | ||
| Q1 25 | — | 41.9% | ||
| Q4 24 | — | 32.3% | ||
| Q3 24 | — | 41.5% | ||
| Q2 24 | -11.4% | 35.6% | ||
| Q1 24 | — | 38.0% |
| Q4 25 | — | 38.4% | ||
| Q3 25 | — | 31.5% | ||
| Q2 25 | -21.5% | 39.2% | ||
| Q1 25 | — | 38.8% | ||
| Q4 24 | — | 28.4% | ||
| Q3 24 | — | 41.4% | ||
| Q2 24 | -12.9% | 33.0% | ||
| Q1 24 | — | 34.4% |
| Q4 25 | — | $1.40 | ||
| Q3 25 | — | $0.92 | ||
| Q2 25 | — | $1.41 | ||
| Q1 25 | — | $1.35 | ||
| Q4 24 | — | $0.96 | ||
| Q3 24 | — | $1.40 | ||
| Q2 24 | — | $1.10 | ||
| Q1 24 | — | $1.19 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $476.7M | $602.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $751.6M | $1.8B |
| Total Assets | $2.6B | $2.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $602.4M | ||
| Q3 25 | — | $603.0M | ||
| Q2 25 | $476.7M | $525.2M | ||
| Q1 25 | — | $571.3M | ||
| Q4 24 | — | $492.7M | ||
| Q3 24 | — | $551.6M | ||
| Q2 24 | — | $530.5M | ||
| Q1 24 | — | $539.3M |
| Q4 25 | — | $1.8B | ||
| Q3 25 | — | $1.7B | ||
| Q2 25 | $751.6M | $1.7B | ||
| Q1 25 | — | $1.7B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | — | $1.6B | ||
| Q2 24 | $-2.9B | $1.5B | ||
| Q1 24 | — | $1.5B |
| Q4 25 | — | $2.0B | ||
| Q3 25 | — | $1.9B | ||
| Q2 25 | $2.6B | $1.9B | ||
| Q1 25 | — | $1.9B | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | — | $1.8B | ||
| Q2 24 | — | $1.8B | ||
| Q1 24 | — | $1.7B |
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 | $272.1M | $31.1M |
| Free Cash FlowOCF − Capex | $271.7M | $15.1M |
| FCF MarginFCF / Revenue | 206.6% | 8.7% |
| Capex IntensityCapex / Revenue | 0.3% | 9.3% |
| Cash ConversionOCF / Net Profit | — | 0.47× |
| TTM Free Cash FlowTrailing 4 quarters | — | $154.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $31.1M | ||
| Q3 25 | — | $97.2M | ||
| Q2 25 | $272.1M | $51.9M | ||
| Q1 25 | — | $30.6M | ||
| Q4 24 | — | $34.7M | ||
| Q3 24 | — | $79.9M | ||
| Q2 24 | — | $67.0M | ||
| Q1 24 | — | $72.2M |
| Q4 25 | — | $15.1M | ||
| Q3 25 | — | $84.3M | ||
| Q2 25 | $271.7M | $37.5M | ||
| Q1 25 | — | $17.5M | ||
| Q4 24 | — | $22.0M | ||
| Q3 24 | — | $66.2M | ||
| Q2 24 | — | $57.9M | ||
| Q1 24 | — | $65.0M |
| Q4 25 | — | 8.7% | ||
| Q3 25 | — | 60.4% | ||
| Q2 25 | 206.6% | 21.8% | ||
| Q1 25 | — | 10.5% | ||
| Q4 24 | — | 13.6% | ||
| Q3 24 | — | 41.0% | ||
| Q2 24 | — | 36.5% | ||
| Q1 24 | — | 39.3% |
| Q4 25 | — | 9.3% | ||
| Q3 25 | — | 9.2% | ||
| Q2 25 | 0.3% | 8.4% | ||
| Q1 25 | — | 7.9% | ||
| Q4 24 | — | 7.8% | ||
| Q3 24 | — | 8.4% | ||
| Q2 24 | — | 5.8% | ||
| Q1 24 | — | 4.4% |
| Q4 25 | — | 0.47× | ||
| Q3 25 | — | 2.21× | ||
| Q2 25 | — | 0.77× | ||
| Q1 25 | — | 0.47× | ||
| Q4 24 | — | 0.75× | ||
| Q3 24 | — | 1.19× | ||
| Q2 24 | — | 1.28× | ||
| Q1 24 | — | 1.27× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BULL
Segment breakdown not available.
OLED
| Material Sales | $95.5M | 55% |
| Other | $72.6M | 42% |
| Contract Research Services | $4.8M | 3% |
