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Side-by-side financial comparison of Loar Holdings Inc. (LOAR) 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 $131.8M, roughly 1.1× Loar Holdings Inc.). UNIVERSAL DISPLAY CORP \PA\ runs the higher net margin — 25.2% vs 9.5%, a 15.7% gap on every dollar of revenue. On growth, Loar Holdings Inc. posted the faster year-over-year revenue change (19.3% vs -14.5%). Over the past eight quarters, Loar Holdings Inc.'s revenue compounded faster (19.8% CAGR vs -5.3%).
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.
LOAR vs OLED — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $131.8M | $142.2M |
| Net Profit | $12.5M | $35.9M |
| Gross Margin | 52.1% | 74.6% |
| Operating Margin | 18.0% | 30.1% |
| Net Margin | 9.5% | 25.2% |
| Revenue YoY | 19.3% | -14.5% |
| Net Profit YoY | 239.5% | -44.3% |
| EPS (diluted) | $0.13 | $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 | $131.8M | $172.9M | ||
| Q3 25 | $126.8M | $139.6M | ||
| Q2 25 | $123.1M | $171.8M | ||
| Q1 25 | $114.7M | $166.3M | ||
| Q4 24 | $110.4M | $162.3M | ||
| Q3 24 | $103.5M | $161.6M | ||
| Q2 24 | $97.0M | $158.5M |
| Q1 26 | — | $35.9M | ||
| Q4 25 | $12.5M | $66.3M | ||
| Q3 25 | $27.6M | $44.0M | ||
| Q2 25 | $16.7M | $67.3M | ||
| Q1 25 | $15.3M | $64.4M | ||
| Q4 24 | $3.7M | $46.0M | ||
| Q3 24 | $8.7M | $66.9M | ||
| Q2 24 | $7.6M | $52.3M |
| Q1 26 | — | 74.6% | ||
| Q4 25 | 52.1% | 76.1% | ||
| Q3 25 | 52.7% | 74.6% | ||
| Q2 25 | 53.8% | 77.2% | ||
| Q1 25 | 52.1% | 77.1% | ||
| Q4 24 | 48.9% | 77.0% | ||
| Q3 24 | 51.1% | 77.8% | ||
| Q2 24 | 49.0% | 75.8% |
| Q1 26 | — | 30.1% | ||
| Q4 25 | 18.0% | 38.9% | ||
| Q3 25 | 22.9% | 30.9% | ||
| Q2 25 | 22.2% | 39.9% | ||
| Q1 25 | 22.8% | 41.9% | ||
| Q4 24 | 19.2% | 32.3% | ||
| Q3 24 | 22.1% | 41.5% | ||
| Q2 24 | 22.9% | 35.6% |
| Q1 26 | — | 25.2% | ||
| Q4 25 | 9.5% | 38.4% | ||
| Q3 25 | 21.8% | 31.5% | ||
| Q2 25 | 13.6% | 39.2% | ||
| Q1 25 | 13.4% | 38.8% | ||
| Q4 24 | 3.3% | 28.4% | ||
| Q3 24 | 8.4% | 41.4% | ||
| Q2 24 | 7.9% | 33.0% |
| Q1 26 | — | $0.76 | ||
| Q4 25 | $0.13 | $1.40 | ||
| Q3 25 | $0.29 | $0.92 | ||
| Q2 25 | $0.17 | $1.41 | ||
| Q1 25 | $0.16 | $1.35 | ||
| Q4 24 | $-11023.48 | $0.96 | ||
| Q3 24 | $0.09 | $1.40 | ||
| Q2 24 | $0.09 | $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 | $84.8M | $516.4M |
| Total DebtLower is stronger | $715.7M | — |
| Stockholders' EquityBook value | $1.2B | — |
| Total Assets | $2.0B | $1.9B |
| Debt / EquityLower = less leverage | 0.61× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $516.4M | ||
| Q4 25 | $84.8M | $602.4M | ||
| Q3 25 | $99.0M | $603.0M | ||
| Q2 25 | $103.3M | $525.2M | ||
| Q1 25 | $80.5M | $571.3M | ||
| Q4 24 | $54.1M | $492.7M | ||
| Q3 24 | $55.2M | $551.6M | ||
| Q2 24 | $73.2M | $530.5M |
| Q1 26 | — | — | ||
| Q4 25 | $715.7M | — | ||
| Q3 25 | $279.4M | — | ||
| Q2 25 | $277.7M | — | ||
| Q1 25 | $277.5M | — | ||
| Q4 24 | $277.3M | — | ||
| Q3 24 | $602.1M | — | ||
| Q2 24 | $250.7M | — |
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | $1.8B | ||
| Q3 25 | $1.2B | $1.7B | ||
| Q2 25 | $1.1B | $1.7B | ||
| Q1 25 | $1.1B | $1.7B | ||
| Q4 24 | $1.1B | $1.6B | ||
| Q3 24 | $769.8M | $1.6B | ||
| Q2 24 | $758.4M | $1.5B |
| Q1 26 | — | $1.9B | ||
| Q4 25 | $2.0B | $2.0B | ||
| Q3 25 | $1.5B | $1.9B | ||
| Q2 25 | $1.5B | $1.9B | ||
| Q1 25 | $1.5B | $1.9B | ||
| Q4 24 | $1.5B | $1.8B | ||
| Q3 24 | $1.5B | $1.8B | ||
| Q2 24 | $1.1B | $1.8B |
| Q1 26 | — | — | ||
| Q4 25 | 0.61× | — | ||
| Q3 25 | 0.24× | — | ||
| Q2 25 | 0.25× | — | ||
| Q1 25 | 0.25× | — | ||
| Q4 24 | 0.25× | — | ||
| Q3 24 | 0.78× | — | ||
| Q2 24 | 0.33× | — |
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 | $30.4M | $108.9M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 2.43× | 3.03× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $108.9M | ||
| Q4 25 | $30.4M | $31.1M | ||
| Q3 25 | $29.7M | $97.2M | ||
| Q2 25 | $23.8M | $51.9M | ||
| Q1 25 | $28.4M | $30.6M | ||
| Q4 24 | $20.7M | $34.7M | ||
| Q3 24 | $16.3M | $79.9M | ||
| Q2 24 | $7.1M | $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 | — | 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 | — | 3.03× | ||
| Q4 25 | 2.43× | 0.47× | ||
| Q3 25 | 1.08× | 2.21× | ||
| Q2 25 | 1.42× | 0.77× | ||
| Q1 25 | 1.85× | 0.47× | ||
| Q4 24 | 5.62× | 0.75× | ||
| Q3 24 | 1.89× | 1.19× | ||
| Q2 24 | 0.93× | 1.28× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LOAR
| Other | $76.8M | 58% |
| Commercial Aerospace | $21.2M | 16% |
| Business Jet And General Aviation | $17.6M | 13% |
| Defense | $16.2M | 12% |
OLED
| Material sales | $83.7M | 59% |
| Royalty and license fees | $54.2M | 38% |
| Contract research services | $4.3M | 3% |
