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Side-by-side financial comparison of Metallus Inc. (MTUS) and UNIVERSAL DISPLAY CORP \PA\ (OLED). Click either name above to swap in a different company.
Metallus Inc. is the larger business by last-quarter revenue ($308.3M vs $142.2M, roughly 2.2× UNIVERSAL DISPLAY CORP \PA\). UNIVERSAL DISPLAY CORP \PA\ runs the higher net margin — 25.2% vs 1.8%, a 23.5% gap on every dollar of revenue. On growth, Metallus Inc. posted the faster year-over-year revenue change (9.9% vs -14.5%). Over the past eight quarters, Metallus Inc.'s revenue compounded faster (2.3% 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.
MTUS vs OLED — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $308.3M | $142.2M |
| Net Profit | $5.4M | $35.9M |
| Gross Margin | 8.1% | 74.6% |
| Operating Margin | — | 30.1% |
| Net Margin | 1.8% | 25.2% |
| Revenue YoY | 9.9% | -14.5% |
| Net Profit YoY | 315.4% | -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 | $308.3M | $142.2M | ||
| Q4 25 | $267.3M | $172.9M | ||
| Q3 25 | $305.9M | $139.6M | ||
| Q2 25 | $304.6M | $171.8M | ||
| Q1 25 | $280.5M | $166.3M | ||
| Q4 24 | $240.5M | $162.3M | ||
| Q3 24 | $227.2M | $161.6M | ||
| Q2 24 | $294.7M | $158.5M |
| Q1 26 | $5.4M | $35.9M | ||
| Q4 25 | $-14.3M | $66.3M | ||
| Q3 25 | $8.1M | $44.0M | ||
| Q2 25 | $3.7M | $67.3M | ||
| Q1 25 | $1.3M | $64.4M | ||
| Q4 24 | $-21.4M | $46.0M | ||
| Q3 24 | $-5.9M | $66.9M | ||
| Q2 24 | $4.6M | $52.3M |
| Q1 26 | 8.1% | 74.6% | ||
| Q4 25 | 2.2% | 76.1% | ||
| Q3 25 | 11.4% | 74.6% | ||
| Q2 25 | 10.6% | 77.2% | ||
| Q1 25 | 7.8% | 77.1% | ||
| Q4 24 | 4.5% | 77.0% | ||
| Q3 24 | 5.3% | 77.8% | ||
| Q2 24 | 8.2% | 75.8% |
| Q1 26 | — | 30.1% | ||
| Q4 25 | -7.7% | 38.9% | ||
| Q3 25 | 3.6% | 30.9% | ||
| Q2 25 | 2.8% | 39.9% | ||
| Q1 25 | 1.0% | 41.9% | ||
| Q4 24 | -10.1% | 32.3% | ||
| Q3 24 | -3.1% | 41.5% | ||
| Q2 24 | 2.1% | 35.6% |
| Q1 26 | 1.8% | 25.2% | ||
| Q4 25 | -5.3% | 38.4% | ||
| Q3 25 | 2.6% | 31.5% | ||
| Q2 25 | 1.2% | 39.2% | ||
| Q1 25 | 0.5% | 38.8% | ||
| Q4 24 | -8.9% | 28.4% | ||
| Q3 24 | -2.6% | 41.4% | ||
| Q2 24 | 1.6% | 33.0% |
| Q1 26 | $0.13 | $0.76 | ||
| Q4 25 | $-0.34 | $1.40 | ||
| Q3 25 | $0.19 | $0.92 | ||
| Q2 25 | $0.09 | $1.41 | ||
| Q1 25 | $0.03 | $1.35 | ||
| Q4 24 | $-0.46 | $0.96 | ||
| Q3 24 | $-0.13 | $1.40 | ||
| Q2 24 | $0.10 | $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 | $104.0M | $516.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $683.0M | — |
| Total Assets | $1.1B | $1.9B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $104.0M | $516.4M | ||
| Q4 25 | $156.7M | $602.4M | ||
| Q3 25 | $191.5M | $603.0M | ||
| Q2 25 | $190.8M | $525.2M | ||
| Q1 25 | $180.3M | $571.3M | ||
| Q4 24 | $240.7M | $492.7M | ||
| Q3 24 | $254.6M | $551.6M | ||
| Q2 24 | $272.8M | $530.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $0 | — | ||
| Q2 25 | $0 | — | ||
| Q1 25 | $5.4M | — | ||
| Q4 24 | $5.4M | — | ||
| Q3 24 | $13.2M | — | ||
| Q2 24 | $13.2M | — |
| Q1 26 | $683.0M | — | ||
| Q4 25 | $686.0M | $1.8B | ||
| Q3 25 | $697.7M | $1.7B | ||
| Q2 25 | $690.0M | $1.7B | ||
| Q1 25 | $686.1M | $1.7B | ||
| Q4 24 | $690.5M | $1.6B | ||
| Q3 24 | $712.7M | $1.6B | ||
| Q2 24 | $736.3M | $1.5B |
| Q1 26 | $1.1B | $1.9B | ||
| Q4 25 | $1.1B | $2.0B | ||
| Q3 25 | $1.2B | $1.9B | ||
| Q2 25 | $1.1B | $1.9B | ||
| Q1 25 | $1.1B | $1.9B | ||
| Q4 24 | $1.1B | $1.8B | ||
| Q3 24 | $1.1B | $1.8B | ||
| Q2 24 | $1.1B | $1.8B |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.00× | — | ||
| Q2 25 | 0.00× | — | ||
| Q1 25 | 0.01× | — | ||
| Q4 24 | 0.01× | — | ||
| Q3 24 | 0.02× | — | ||
| Q2 24 | 0.02× | — |
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 | — | $108.9M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | 0.0% | — |
| Cash ConversionOCF / Net Profit | — | 3.03× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $108.9M | ||
| Q4 25 | $-1.9M | $31.1M | ||
| Q3 25 | $22.0M | $97.2M | ||
| Q2 25 | $34.8M | $51.9M | ||
| Q1 25 | $-38.9M | $30.6M | ||
| Q4 24 | $13.9M | $34.7M | ||
| Q3 24 | $-15.3M | $79.9M | ||
| Q2 24 | $8.3M | $67.0M |
| Q1 26 | — | — | ||
| Q4 25 | $-37.2M | $15.1M | ||
| Q3 25 | $-6.4M | $84.3M | ||
| Q2 25 | $17.0M | $37.5M | ||
| Q1 25 | $-66.4M | $17.5M | ||
| Q4 24 | $-1.3M | $22.0M | ||
| Q3 24 | $-32.9M | $66.2M | ||
| Q2 24 | $-5.8M | $57.9M |
| Q1 26 | — | — | ||
| Q4 25 | -13.9% | 8.7% | ||
| Q3 25 | -2.1% | 60.4% | ||
| Q2 25 | 5.6% | 21.8% | ||
| Q1 25 | -23.7% | 10.5% | ||
| Q4 24 | -0.5% | 13.6% | ||
| Q3 24 | -14.5% | 41.0% | ||
| Q2 24 | -2.0% | 36.5% |
| Q1 26 | 0.0% | — | ||
| Q4 25 | 13.2% | 9.3% | ||
| Q3 25 | 9.3% | 9.2% | ||
| Q2 25 | 5.8% | 8.4% | ||
| Q1 25 | 9.8% | 7.9% | ||
| Q4 24 | 6.3% | 7.8% | ||
| Q3 24 | 7.7% | 8.4% | ||
| Q2 24 | 4.8% | 5.8% |
| Q1 26 | — | 3.03× | ||
| Q4 25 | — | 0.47× | ||
| Q3 25 | 2.72× | 2.21× | ||
| Q2 25 | 9.41× | 0.77× | ||
| Q1 25 | -29.92× | 0.47× | ||
| Q4 24 | — | 0.75× | ||
| Q3 24 | — | 1.19× | ||
| Q2 24 | 1.80× | 1.28× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MTUS
Segment breakdown not available.
OLED
| Material sales | $83.7M | 59% |
| Royalty and license fees | $54.2M | 38% |
| Contract research services | $4.3M | 3% |
