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Side-by-side financial comparison of UNIVERSAL DISPLAY CORP \PA\ (OLED) and PAMT CORP (PAMT). 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 $141.3M, roughly 1.0× PAMT CORP). UNIVERSAL DISPLAY CORP \PA\ runs the higher net margin — 25.2% vs -20.7%, a 45.9% gap on every dollar of revenue. On growth, UNIVERSAL DISPLAY CORP \PA\ posted the faster year-over-year revenue change (-14.5% vs -15.1%). Over the past eight quarters, UNIVERSAL DISPLAY CORP \PA\'s revenue compounded faster (-5.3% CAGR vs -12.0%).
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.
OLED vs PAMT — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $142.2M | $141.3M |
| Net Profit | $35.9M | $-29.3M |
| Gross Margin | 74.6% | — |
| Operating Margin | 30.1% | -27.0% |
| Net Margin | 25.2% | -20.7% |
| Revenue YoY | -14.5% | -15.1% |
| Net Profit YoY | -44.3% | 7.4% |
| EPS (diluted) | $0.76 | $-1.38 |
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 | $172.9M | $141.3M | ||
| Q3 25 | $139.6M | $150.3M | ||
| Q2 25 | $171.8M | $151.1M | ||
| Q1 25 | $166.3M | $155.3M | ||
| Q4 24 | $162.3M | $166.5M | ||
| Q3 24 | $161.6M | $182.6M | ||
| Q2 24 | $158.5M | $182.9M |
| Q1 26 | $35.9M | — | ||
| Q4 25 | $66.3M | $-29.3M | ||
| Q3 25 | $44.0M | $-5.6M | ||
| Q2 25 | $67.3M | $-9.6M | ||
| Q1 25 | $64.4M | $-8.1M | ||
| Q4 24 | $46.0M | $-31.6M | ||
| Q3 24 | $66.9M | $2.4M | ||
| Q2 24 | $52.3M | $-2.9M |
| 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 | 38.9% | -27.0% | ||
| Q3 25 | 30.9% | -3.8% | ||
| Q2 25 | 39.9% | -7.3% | ||
| Q1 25 | 41.9% | -5.9% | ||
| Q4 24 | 32.3% | -22.6% | ||
| Q3 24 | 41.5% | 1.3% | ||
| Q2 24 | 35.6% | -0.4% |
| Q1 26 | 25.2% | — | ||
| Q4 25 | 38.4% | -20.7% | ||
| Q3 25 | 31.5% | -3.7% | ||
| Q2 25 | 39.2% | -6.4% | ||
| Q1 25 | 38.8% | -5.2% | ||
| Q4 24 | 28.4% | -19.0% | ||
| Q3 24 | 41.4% | 1.3% | ||
| Q2 24 | 33.0% | -1.6% |
| Q1 26 | $0.76 | — | ||
| Q4 25 | $1.40 | $-1.38 | ||
| Q3 25 | $0.92 | $-0.27 | ||
| Q2 25 | $1.41 | $-0.46 | ||
| Q1 25 | $1.35 | $-0.37 | ||
| Q4 24 | $0.96 | $-1.44 | ||
| Q3 24 | $1.40 | $0.11 | ||
| Q2 24 | $1.10 | $-0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $516.4M | $83.7M |
| Total DebtLower is stronger | — | $333.9M |
| Stockholders' EquityBook value | — | $210.5M |
| Total Assets | $1.9B | $697.9M |
| Debt / EquityLower = less leverage | — | 1.59× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $516.4M | — | ||
| Q4 25 | $602.4M | $83.7M | ||
| Q3 25 | $603.0M | $115.6M | ||
| Q2 25 | $525.2M | $117.3M | ||
| Q1 25 | $571.3M | $102.7M | ||
| Q4 24 | $492.7M | $110.7M | ||
| Q3 24 | $551.6M | $92.3M | ||
| Q2 24 | $530.5M | $114.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $333.9M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $325.6M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | $210.5M | ||
| Q3 25 | $1.7B | $239.5M | ||
| Q2 25 | $1.7B | $244.9M | ||
| Q1 25 | $1.7B | $269.6M | ||
| Q4 24 | $1.6B | $277.5M | ||
| Q3 24 | $1.6B | $308.9M | ||
| Q2 24 | $1.5B | $306.7M |
| Q1 26 | $1.9B | — | ||
| Q4 25 | $2.0B | $697.9M | ||
| Q3 25 | $1.9B | $715.2M | ||
| Q2 25 | $1.9B | $707.9M | ||
| Q1 25 | $1.9B | $712.6M | ||
| Q4 24 | $1.8B | $741.7M | ||
| Q3 24 | $1.8B | $756.7M | ||
| Q2 24 | $1.8B | $733.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.59× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.17× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $-5.8M |
| Free Cash FlowOCF − Capex | — | $-25.0M |
| FCF MarginFCF / Revenue | — | -17.7% |
| Capex IntensityCapex / Revenue | — | 13.6% |
| Cash ConversionOCF / Net Profit | 3.03× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-23.4M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $108.9M | — | ||
| Q4 25 | $31.1M | $-5.8M | ||
| Q3 25 | $97.2M | $5.9M | ||
| Q2 25 | $51.9M | $12.2M | ||
| Q1 25 | $30.6M | $5.0M | ||
| Q4 24 | $34.7M | $15.2M | ||
| Q3 24 | $79.9M | $15.5M | ||
| Q2 24 | $67.0M | $18.7M |
| Q1 26 | — | — | ||
| Q4 25 | $15.1M | $-25.0M | ||
| Q3 25 | $84.3M | $2.5M | ||
| Q2 25 | $37.5M | $5.9M | ||
| Q1 25 | $17.5M | $-6.8M | ||
| Q4 24 | $22.0M | $-39.9M | ||
| Q3 24 | $66.2M | $-33.6M | ||
| Q2 24 | $57.9M | $4.1M |
| Q1 26 | — | — | ||
| Q4 25 | 8.7% | -17.7% | ||
| Q3 25 | 60.4% | 1.7% | ||
| Q2 25 | 21.8% | 3.9% | ||
| Q1 25 | 10.5% | -4.4% | ||
| Q4 24 | 13.6% | -24.0% | ||
| Q3 24 | 41.0% | -18.4% | ||
| Q2 24 | 36.5% | 2.2% |
| Q1 26 | — | — | ||
| Q4 25 | 9.3% | 13.6% | ||
| Q3 25 | 9.2% | 2.3% | ||
| Q2 25 | 8.4% | 4.2% | ||
| Q1 25 | 7.9% | 7.6% | ||
| Q4 24 | 7.8% | 33.1% | ||
| Q3 24 | 8.4% | 26.9% | ||
| Q2 24 | 5.8% | 8.0% |
| Q1 26 | 3.03× | — | ||
| Q4 25 | 0.47× | — | ||
| Q3 25 | 2.21× | — | ||
| Q2 25 | 0.77× | — | ||
| Q1 25 | 0.47× | — | ||
| Q4 24 | 0.75× | — | ||
| Q3 24 | 1.19× | 6.44× | ||
| Q2 24 | 1.28× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
OLED
| Material sales | $83.7M | 59% |
| Royalty and license fees | $54.2M | 38% |
| Contract research services | $4.3M | 3% |
PAMT
| Freight Transportation Service | $123.1M | 87% |
| Fuel Surcharge | $18.2M | 13% |
