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Side-by-side financial comparison of Ellington Financial Inc. (EFC) 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 ($142.2M vs $78.2M, roughly 1.8× Ellington Financial Inc.). Ellington Financial Inc. runs the higher net margin — 28.9% vs 25.2%, a 3.7% gap on every dollar of revenue. On growth, Ellington Financial Inc. posted the faster year-over-year revenue change (8.7% vs -14.5%). Over the past eight quarters, Ellington Financial Inc.'s revenue compounded faster (1.8% CAGR vs -5.3%).
Ellington Management Group is an American hedge fund firm. As of June 2019, the firm was reportedly managing $8.5 billion in structured products and other credit instruments.
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.
EFC vs OLED — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $78.2M | $142.2M |
| Net Profit | $22.6M | $35.9M |
| Gross Margin | — | 74.6% |
| Operating Margin | 7.4% | 30.1% |
| Net Margin | 28.9% | 25.2% |
| Revenue YoY | 8.7% | -14.5% |
| Net Profit YoY | -26.2% | -44.3% |
| EPS (diluted) | $0.10 | $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 | — | $142.2M | ||
| Q4 25 | $78.2M | $172.9M | ||
| Q3 25 | $82.8M | $139.6M | ||
| Q2 25 | $92.5M | $171.8M | ||
| Q1 25 | $82.9M | $166.3M | ||
| Q4 24 | $72.0M | $162.3M | ||
| Q3 24 | $67.0M | $161.6M | ||
| Q2 24 | $91.2M | $158.5M |
| Q1 26 | — | $35.9M | ||
| Q4 25 | $22.6M | $66.3M | ||
| Q3 25 | $29.5M | $44.0M | ||
| Q2 25 | $42.9M | $67.3M | ||
| Q1 25 | $31.6M | $64.4M | ||
| Q4 24 | $30.7M | $46.0M | ||
| Q3 24 | $16.2M | $66.9M | ||
| Q2 24 | $52.3M | $52.3M |
| Q1 26 | — | 74.6% | ||
| 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 26 | — | 30.1% | ||
| Q4 25 | 7.4% | 38.9% | ||
| Q3 25 | 31.1% | 30.9% | ||
| Q2 25 | 38.3% | 39.9% | ||
| Q1 25 | 37.3% | 41.9% | ||
| Q4 24 | 28.0% | 32.3% | ||
| Q3 24 | 24.0% | 41.5% | ||
| Q2 24 | 52.8% | 35.6% |
| Q1 26 | — | 25.2% | ||
| Q4 25 | 28.9% | 38.4% | ||
| Q3 25 | 35.7% | 31.5% | ||
| Q2 25 | 46.4% | 39.2% | ||
| Q1 25 | 38.2% | 38.8% | ||
| Q4 24 | 42.6% | 28.4% | ||
| Q3 24 | 24.1% | 41.4% | ||
| Q2 24 | 57.4% | 33.0% |
| Q1 26 | — | $0.76 | ||
| Q4 25 | $0.10 | $1.40 | ||
| Q3 25 | $0.29 | $0.92 | ||
| Q2 25 | $0.45 | $1.41 | ||
| Q1 25 | $0.35 | $1.35 | ||
| Q4 24 | $0.23 | $0.96 | ||
| Q3 24 | $0.19 | $1.40 | ||
| Q2 24 | $0.62 | $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 | $201.9M | $516.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.8B | — |
| Total Assets | $19.4B | $1.9B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $516.4M | ||
| Q4 25 | $201.9M | $602.4M | ||
| Q3 25 | $184.8M | $603.0M | ||
| Q2 25 | $211.0M | $525.2M | ||
| Q1 25 | $203.3M | $571.3M | ||
| Q4 24 | $192.4M | $492.7M | ||
| Q3 24 | $217.7M | $551.6M | ||
| Q2 24 | $198.5M | $530.5M |
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | $1.8B | ||
| Q3 25 | $1.8B | $1.7B | ||
| Q2 25 | $1.7B | $1.7B | ||
| Q1 25 | $1.6B | $1.7B | ||
| Q4 24 | $1.6B | $1.6B | ||
| Q3 24 | $1.6B | $1.6B | ||
| Q2 24 | $1.6B | $1.5B |
| Q1 26 | — | $1.9B | ||
| Q4 25 | $19.4B | $2.0B | ||
| Q3 25 | $17.8B | $1.9B | ||
| Q2 25 | $17.1B | $1.9B | ||
| Q1 25 | $16.6B | $1.9B | ||
| Q4 24 | $16.3B | $1.8B | ||
| Q3 24 | $16.0B | $1.8B | ||
| Q2 24 | $15.1B | $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 | $-925.5M | $108.9M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | 0.0% | — |
| Cash ConversionOCF / Net Profit | -40.92× | 3.03× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $108.9M | ||
| Q4 25 | $-925.5M | $31.1M | ||
| Q3 25 | $-290.4M | $97.2M | ||
| Q2 25 | $-210.5M | $51.9M | ||
| Q1 25 | $-126.4M | $30.6M | ||
| Q4 24 | $-430.5M | $34.7M | ||
| Q3 24 | $-141.7M | $79.9M | ||
| Q2 24 | $-88.6M | $67.0M |
| Q1 26 | — | — | ||
| 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 | — | — | ||
| 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 | — | — | ||
| Q4 25 | 0.0% | 9.3% | ||
| Q3 25 | — | 9.2% | ||
| Q2 25 | — | 8.4% | ||
| Q1 25 | — | 7.9% | ||
| Q4 24 | 0.0% | 7.8% | ||
| Q3 24 | 0.0% | 8.4% | ||
| Q2 24 | 0.0% | 5.8% |
| Q1 26 | — | 3.03× | ||
| Q4 25 | -40.92× | 0.47× | ||
| Q3 25 | -9.84× | 2.21× | ||
| Q2 25 | -4.90× | 0.77× | ||
| Q1 25 | -3.99× | 0.47× | ||
| Q4 24 | -14.04× | 0.75× | ||
| Q3 24 | -8.76× | 1.19× | ||
| Q2 24 | -1.69× | 1.28× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EFC
Segment breakdown not available.
OLED
| Material sales | $83.7M | 59% |
| Royalty and license fees | $54.2M | 38% |
| Contract research services | $4.3M | 3% |
