vs
Side-by-side financial comparison of UNIVERSAL DISPLAY CORP \PA\ (OLED) and Purple Innovation, Inc. (PRPL). 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 $140.7M, roughly 1.0× Purple Innovation, Inc.). UNIVERSAL DISPLAY CORP \PA\ runs the higher net margin — 25.2% vs -2.3%, a 27.5% gap on every dollar of revenue. On growth, Purple Innovation, Inc. posted the faster year-over-year revenue change (9.1% vs -14.5%). Over the past eight quarters, Purple Innovation, Inc.'s revenue compounded faster (8.3% 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.
Purple Carrot is a Needham, Massachusetts-based, and 100% plant-based meal kit company. Founded by Andy Levitt, it offers both prepared meals as well as meal kits to subscribers weekly. As stated in a 2022 article in Cosmopolitan, “each Purple Carrot meal kit results in 72% less carbon being released into the atmosphere as compared to the standard American meal.”
OLED vs PRPL — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $142.2M | $140.7M |
| Net Profit | $35.9M | $-3.2M |
| Gross Margin | 74.6% | 41.9% |
| Operating Margin | 30.1% | -1.6% |
| Net Margin | 25.2% | -2.3% |
| Revenue YoY | -14.5% | 9.1% |
| Net Profit YoY | -44.3% | 62.1% |
| EPS (diluted) | $0.76 | $0.03 |
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 | $140.7M | ||
| Q3 25 | $139.6M | $118.8M | ||
| Q2 25 | $171.8M | $105.1M | ||
| Q1 25 | $166.3M | $104.2M | ||
| Q4 24 | $162.3M | $129.0M | ||
| Q3 24 | $161.6M | $118.6M | ||
| Q2 24 | $158.5M | $120.3M |
| Q1 26 | $35.9M | — | ||
| Q4 25 | $66.3M | $-3.2M | ||
| Q3 25 | $44.0M | $-11.7M | ||
| Q2 25 | $67.3M | $-17.3M | ||
| Q1 25 | $64.4M | $-19.1M | ||
| Q4 24 | $46.0M | $-8.5M | ||
| Q3 24 | $66.9M | $-39.2M | ||
| Q2 24 | $52.3M | $27.0K |
| Q1 26 | 74.6% | — | ||
| Q4 25 | 76.1% | 41.9% | ||
| Q3 25 | 74.6% | 42.8% | ||
| Q2 25 | 77.2% | 35.9% | ||
| Q1 25 | 77.1% | 39.4% | ||
| Q4 24 | 77.0% | 42.9% | ||
| Q3 24 | 77.8% | 29.7% | ||
| Q2 24 | 75.8% | 40.7% |
| Q1 26 | 30.1% | — | ||
| Q4 25 | 38.9% | -1.6% | ||
| Q3 25 | 30.9% | -10.2% | ||
| Q2 25 | 39.9% | -13.5% | ||
| Q1 25 | 41.9% | -13.9% | ||
| Q4 24 | 32.3% | -6.0% | ||
| Q3 24 | 41.5% | -39.5% | ||
| Q2 24 | 35.6% | -12.1% |
| Q1 26 | 25.2% | — | ||
| Q4 25 | 38.4% | -2.3% | ||
| Q3 25 | 31.5% | -9.9% | ||
| Q2 25 | 39.2% | -16.5% | ||
| Q1 25 | 38.8% | -18.4% | ||
| Q4 24 | 28.4% | -6.6% | ||
| Q3 24 | 41.4% | -33.1% | ||
| Q2 24 | 33.0% | 0.0% |
| Q1 26 | $0.76 | — | ||
| Q4 25 | $1.40 | $0.03 | ||
| Q3 25 | $0.92 | $0.11 | ||
| Q2 25 | $1.41 | $0.16 | ||
| Q1 25 | $1.35 | $0.18 | ||
| Q4 24 | $0.96 | $0.08 | ||
| Q3 24 | $1.40 | $0.36 | ||
| Q2 24 | $1.10 | $0.00 |
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 | $24.3M |
| Total DebtLower is stronger | — | $126.7M |
| Stockholders' EquityBook value | — | $-29.7M |
| Total Assets | $1.9B | $296.3M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $516.4M | — | ||
| Q4 25 | $602.4M | $24.3M | ||
| Q3 25 | $603.0M | $32.4M | ||
| Q2 25 | $525.2M | $34.2M | ||
| Q1 25 | $571.3M | $21.6M | ||
| Q4 24 | $492.7M | $29.0M | ||
| Q3 24 | $551.6M | $23.4M | ||
| Q2 24 | $530.5M | $23.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | $126.7M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $70.7M | ||
| Q3 24 | — | $50.8M | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | $-29.7M | ||
| Q3 25 | $1.7B | $-26.9M | ||
| Q2 25 | $1.7B | $-15.6M | ||
| Q1 25 | $1.7B | $1.3M | ||
| Q4 24 | $1.6B | $20.2M | ||
| Q3 24 | $1.6B | $28.0M | ||
| Q2 24 | $1.5B | $66.4M |
| Q1 26 | $1.9B | — | ||
| Q4 25 | $2.0B | $296.3M | ||
| Q3 25 | $1.9B | $302.1M | ||
| Q2 25 | $1.9B | $303.8M | ||
| Q1 25 | $1.9B | $293.8M | ||
| Q4 24 | $1.8B | $307.8M | ||
| Q3 24 | $1.8B | $309.3M | ||
| Q2 24 | $1.8B | $362.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 3.50× | ||
| Q3 24 | — | 1.82× | ||
| 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 | — | $-7.8M |
| FCF MarginFCF / Revenue | — | -5.5% |
| Capex IntensityCapex / Revenue | — | 1.4% |
| Cash ConversionOCF / Net Profit | 3.03× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-41.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $108.9M | — | ||
| Q4 25 | $31.1M | $-5.8M | ||
| Q3 25 | $97.2M | $-968.0K | ||
| Q2 25 | $51.9M | $-4.0M | ||
| Q1 25 | $30.6M | $-23.1M | ||
| Q4 24 | $34.7M | $6.8M | ||
| Q3 24 | $79.9M | $1.1M | ||
| Q2 24 | $67.0M | $-8.9M |
| Q1 26 | — | — | ||
| Q4 25 | $15.1M | $-7.8M | ||
| Q3 25 | $84.3M | $-1.8M | ||
| Q2 25 | $37.5M | $-7.0M | ||
| Q1 25 | $17.5M | $-25.3M | ||
| Q4 24 | $22.0M | $5.7M | ||
| Q3 24 | $66.2M | $101.0K | ||
| Q2 24 | $57.9M | $-11.0M |
| Q1 26 | — | — | ||
| Q4 25 | 8.7% | -5.5% | ||
| Q3 25 | 60.4% | -1.5% | ||
| Q2 25 | 21.8% | -6.6% | ||
| Q1 25 | 10.5% | -24.3% | ||
| Q4 24 | 13.6% | 4.4% | ||
| Q3 24 | 41.0% | 0.1% | ||
| Q2 24 | 36.5% | -9.2% |
| Q1 26 | — | — | ||
| Q4 25 | 9.3% | 1.4% | ||
| Q3 25 | 9.2% | 0.7% | ||
| Q2 25 | 8.4% | 2.8% | ||
| Q1 25 | 7.9% | 2.2% | ||
| Q4 24 | 7.8% | 0.8% | ||
| Q3 24 | 8.4% | 0.9% | ||
| Q2 24 | 5.8% | 1.7% |
| 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× | — | ||
| Q2 24 | 1.28× | -330.22× |
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% |
PRPL
| Cost Of Revenues | $81.7M | 58% |
| Other | $59.0M | 42% |
