vs

Side-by-side financial comparison of UNIVERSAL DISPLAY CORP \PA\ (OLED) and PREFORMED LINE PRODUCTS CO (PLPC). Click either name above to swap in a different company.

PREFORMED LINE PRODUCTS CO is the larger business by last-quarter revenue ($173.1M vs $172.9M, roughly 1.0× UNIVERSAL DISPLAY CORP \PA\). UNIVERSAL DISPLAY CORP \PA\ runs the higher net margin — 38.4% vs 4.9%, a 33.5% gap on every dollar of revenue. On growth, UNIVERSAL DISPLAY CORP \PA\ posted the faster year-over-year revenue change (6.6% vs 3.6%). UNIVERSAL DISPLAY CORP \PA\ produced more free cash flow last quarter ($15.1M vs $11.8M). Over the past eight quarters, PREFORMED LINE PRODUCTS CO's revenue compounded faster (10.8% CAGR vs 2.3%).

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.

Preformed Line Products Co (PLPC) designs, manufactures and supplies engineered hardware for power transmission, telecommunications, and renewable energy infrastructure sectors. It serves utility, network operator and industrial customers across global regions, offering solutions that boost network reliability and operational efficiency.

OLED vs PLPC — Head-to-Head

Bigger by revenue
PLPC
PLPC
1.0× larger
PLPC
$173.1M
$172.9M
OLED
Growing faster (revenue YoY)
OLED
OLED
+3.0% gap
OLED
6.6%
3.6%
PLPC
Higher net margin
OLED
OLED
33.5% more per $
OLED
38.4%
4.9%
PLPC
More free cash flow
OLED
OLED
$3.3M more FCF
OLED
$15.1M
$11.8M
PLPC
Faster 2-yr revenue CAGR
PLPC
PLPC
Annualised
PLPC
10.8%
2.3%
OLED

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OLED
OLED
PLPC
PLPC
Revenue
$172.9M
$173.1M
Net Profit
$66.3M
$8.4M
Gross Margin
76.1%
29.8%
Operating Margin
38.9%
6.8%
Net Margin
38.4%
4.9%
Revenue YoY
6.6%
3.6%
Net Profit YoY
44.2%
-19.3%
EPS (diluted)
$1.40
$1.72

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.

Revenue
OLED
OLED
PLPC
PLPC
Q4 25
$172.9M
$173.1M
Q3 25
$139.6M
$178.1M
Q2 25
$171.8M
$169.6M
Q1 25
$166.3M
$148.5M
Q4 24
$162.3M
$167.1M
Q3 24
$161.6M
$147.0M
Q2 24
$158.5M
$138.7M
Q1 24
$165.3M
$140.9M
Net Profit
OLED
OLED
PLPC
PLPC
Q4 25
$66.3M
$8.4M
Q3 25
$44.0M
$2.6M
Q2 25
$67.3M
$12.7M
Q1 25
$64.4M
$11.5M
Q4 24
$46.0M
$10.5M
Q3 24
$66.9M
$7.7M
Q2 24
$52.3M
$9.4M
Q1 24
$56.9M
$9.6M
Gross Margin
OLED
OLED
PLPC
PLPC
Q4 25
76.1%
29.8%
Q3 25
74.6%
29.7%
Q2 25
77.2%
32.7%
Q1 25
77.1%
32.8%
Q4 24
77.0%
33.3%
Q3 24
77.8%
31.1%
Q2 24
75.8%
31.9%
Q1 24
77.6%
31.3%
Operating Margin
OLED
OLED
PLPC
PLPC
Q4 25
38.9%
6.8%
Q3 25
30.9%
7.4%
Q2 25
39.9%
10.1%
Q1 25
41.9%
8.8%
Q4 24
32.3%
10.5%
Q3 24
41.5%
7.1%
Q2 24
35.6%
8.1%
Q1 24
38.0%
8.2%
Net Margin
OLED
OLED
PLPC
PLPC
Q4 25
38.4%
4.9%
Q3 25
31.5%
1.5%
Q2 25
39.2%
7.5%
Q1 25
38.8%
7.8%
Q4 24
28.4%
6.3%
Q3 24
41.4%
5.2%
Q2 24
33.0%
6.8%
Q1 24
34.4%
6.8%
EPS (diluted)
OLED
OLED
PLPC
PLPC
Q4 25
$1.40
$1.72
Q3 25
$0.92
$0.53
Q2 25
$1.41
$2.56
Q1 25
$1.35
$2.33
Q4 24
$0.96
$2.13
Q3 24
$1.40
$1.54
Q2 24
$1.10
$1.89
Q1 24
$1.19
$1.94

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
OLED
OLED
PLPC
PLPC
Cash + ST InvestmentsLiquidity on hand
$602.4M
Total DebtLower is stronger
$38.3M
Stockholders' EquityBook value
$1.8B
$475.5M
Total Assets
$2.0B
$653.6M
Debt / EquityLower = less leverage
0.08×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OLED
OLED
PLPC
PLPC
Q4 25
$602.4M
Q3 25
$603.0M
Q2 25
$525.2M
Q1 25
$571.3M
Q4 24
$492.7M
Q3 24
$551.6M
Q2 24
$530.5M
Q1 24
$539.3M
Total Debt
OLED
OLED
PLPC
PLPC
Q4 25
$38.3M
Q3 25
$36.0M
Q2 25
$31.8M
Q1 25
$29.1M
Q4 24
$20.8M
Q3 24
$27.2M
Q2 24
$31.6M
Q1 24
$55.0M
Stockholders' Equity
OLED
OLED
PLPC
PLPC
Q4 25
$1.8B
$475.5M
Q3 25
$1.7B
$466.3M
Q2 25
$1.7B
$460.7M
Q1 25
$1.7B
$435.8M
Q4 24
$1.6B
$422.3M
Q3 24
$1.6B
$429.0M
Q2 24
$1.5B
$416.2M
Q1 24
$1.5B
$413.4M
Total Assets
OLED
OLED
PLPC
PLPC
Q4 25
$2.0B
$653.6M
Q3 25
$1.9B
$644.6M
Q2 25
$1.9B
$631.5M
Q1 25
$1.9B
$592.5M
Q4 24
$1.8B
$573.9M
Q3 24
$1.8B
$592.0M
Q2 24
$1.8B
$572.6M
Q1 24
$1.7B
$586.1M
Debt / Equity
OLED
OLED
PLPC
PLPC
Q4 25
0.08×
Q3 25
0.08×
Q2 25
0.07×
Q1 25
0.07×
Q4 24
0.05×
Q3 24
0.06×
Q2 24
0.08×
Q1 24
0.13×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
OLED
OLED
PLPC
PLPC
Operating Cash FlowLast quarter
$31.1M
$21.9M
Free Cash FlowOCF − Capex
$15.1M
$11.8M
FCF MarginFCF / Revenue
8.7%
6.8%
Capex IntensityCapex / Revenue
9.3%
5.9%
Cash ConversionOCF / Net Profit
0.47×
2.60×
TTM Free Cash FlowTrailing 4 quarters
$154.4M
$33.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OLED
OLED
PLPC
PLPC
Q4 25
$31.1M
$21.9M
Q3 25
$97.2M
$18.9M
Q2 25
$51.9M
$26.9M
Q1 25
$30.6M
$5.7M
Q4 24
$34.7M
$24.1M
Q3 24
$79.9M
$9.4M
Q2 24
$67.0M
$28.3M
Q1 24
$72.2M
$5.8M
Free Cash Flow
OLED
OLED
PLPC
PLPC
Q4 25
$15.1M
$11.8M
Q3 25
$84.3M
$8.3M
Q2 25
$37.5M
$18.6M
Q1 25
$17.5M
$-5.3M
Q4 24
$22.0M
$20.6M
Q3 24
$66.2M
$5.8M
Q2 24
$57.9M
$24.6M
Q1 24
$65.0M
$1.8M
FCF Margin
OLED
OLED
PLPC
PLPC
Q4 25
8.7%
6.8%
Q3 25
60.4%
4.7%
Q2 25
21.8%
10.9%
Q1 25
10.5%
-3.6%
Q4 24
13.6%
12.3%
Q3 24
41.0%
3.9%
Q2 24
36.5%
17.7%
Q1 24
39.3%
1.3%
Capex Intensity
OLED
OLED
PLPC
PLPC
Q4 25
9.3%
5.9%
Q3 25
9.2%
6.0%
Q2 25
8.4%
4.9%
Q1 25
7.9%
7.4%
Q4 24
7.8%
2.1%
Q3 24
8.4%
2.4%
Q2 24
5.8%
2.7%
Q1 24
4.4%
2.8%
Cash Conversion
OLED
OLED
PLPC
PLPC
Q4 25
0.47×
2.60×
Q3 25
2.21×
7.21×
Q2 25
0.77×
2.12×
Q1 25
0.47×
0.49×
Q4 24
0.75×
2.30×
Q3 24
1.19×
1.22×
Q2 24
1.28×
3.02×
Q1 24
1.27×
0.60×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

OLED
OLED

Material Sales$95.5M55%
Other$72.6M42%
Contract Research Services$4.8M3%

PLPC
PLPC

Segment breakdown not available.

Related Comparisons