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Side-by-side financial comparison of UNIVERSAL DISPLAY CORP \PA\ (OLED) and PTC THERAPEUTICS, INC. (PTCT). Click either name above to swap in a different company.

PTC THERAPEUTICS, INC. is the larger business by last-quarter revenue ($164.7M vs $142.2M, roughly 1.2× UNIVERSAL DISPLAY CORP \PA\). UNIVERSAL DISPLAY CORP \PA\ runs the higher net margin — 25.2% vs -82.0%, a 107.2% gap on every dollar of revenue. On growth, UNIVERSAL DISPLAY CORP \PA\ posted the faster year-over-year revenue change (-14.5% vs -22.7%). Over the past eight quarters, UNIVERSAL DISPLAY CORP \PA\'s revenue compounded faster (-5.3% CAGR vs -11.5%).

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.

PTC Therapeutics, Inc. is a US pharmaceutical company focused on the development of orally administered small molecule drugs and gene therapy which regulate gene expression by targeting post-transcriptional control (PTC) mechanisms in orphan diseases.

OLED vs PTCT — Head-to-Head

Bigger by revenue
PTCT
PTCT
1.2× larger
PTCT
$164.7M
$142.2M
OLED
Growing faster (revenue YoY)
OLED
OLED
+8.3% gap
OLED
-14.5%
-22.7%
PTCT
Higher net margin
OLED
OLED
107.2% more per $
OLED
25.2%
-82.0%
PTCT
Faster 2-yr revenue CAGR
OLED
OLED
Annualised
OLED
-5.3%
-11.5%
PTCT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
OLED
OLED
PTCT
PTCT
Revenue
$142.2M
$164.7M
Net Profit
$35.9M
$-135.0M
Gross Margin
74.6%
Operating Margin
30.1%
-43.3%
Net Margin
25.2%
-82.0%
Revenue YoY
-14.5%
-22.7%
Net Profit YoY
-44.3%
-104.8%
EPS (diluted)
$0.76
$-1.63

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
PTCT
PTCT
Q1 26
$142.2M
Q4 25
$172.9M
$164.7M
Q3 25
$139.6M
$211.0M
Q2 25
$171.8M
$178.9M
Q1 25
$166.3M
$1.2B
Q4 24
$162.3M
$213.2M
Q3 24
$161.6M
$196.8M
Q2 24
$158.5M
$186.7M
Net Profit
OLED
OLED
PTCT
PTCT
Q1 26
$35.9M
Q4 25
$66.3M
$-135.0M
Q3 25
$44.0M
$15.9M
Q2 25
$67.3M
$-64.8M
Q1 25
$64.4M
$866.6M
Q4 24
$46.0M
$-65.9M
Q3 24
$66.9M
$-106.7M
Q2 24
$52.3M
$-99.2M
Gross Margin
OLED
OLED
PTCT
PTCT
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%
Operating Margin
OLED
OLED
PTCT
PTCT
Q1 26
30.1%
Q4 25
38.9%
-43.3%
Q3 25
30.9%
1.4%
Q2 25
39.9%
-19.5%
Q1 25
41.9%
82.5%
Q4 24
32.3%
-76.2%
Q3 24
41.5%
-27.7%
Q2 24
35.6%
-21.5%
Net Margin
OLED
OLED
PTCT
PTCT
Q1 26
25.2%
Q4 25
38.4%
-82.0%
Q3 25
31.5%
7.5%
Q2 25
39.2%
-36.3%
Q1 25
38.8%
73.7%
Q4 24
28.4%
-30.9%
Q3 24
41.4%
-54.2%
Q2 24
33.0%
-53.1%
EPS (diluted)
OLED
OLED
PTCT
PTCT
Q1 26
$0.76
Q4 25
$1.40
$-1.63
Q3 25
$0.92
$0.20
Q2 25
$1.41
$-0.83
Q1 25
$1.35
$10.04
Q4 24
$0.96
$-0.85
Q3 24
$1.40
$-1.39
Q2 24
$1.10
$-1.29

Balance Sheet & Financial Strength

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

Metric
OLED
OLED
PTCT
PTCT
Cash + ST InvestmentsLiquidity on hand
$516.4M
$1.9B
Total DebtLower is stronger
Stockholders' EquityBook value
$-205.3M
Total Assets
$1.9B
$2.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OLED
OLED
PTCT
PTCT
Q1 26
$516.4M
Q4 25
$602.4M
$1.9B
Q3 25
$603.0M
$1.7B
Q2 25
$525.2M
$2.0B
Q1 25
$571.3M
$2.0B
Q4 24
$492.7M
$1.1B
Q3 24
$551.6M
$1.0B
Q2 24
$530.5M
$1.1B
Stockholders' Equity
OLED
OLED
PTCT
PTCT
Q1 26
Q4 25
$1.8B
$-205.3M
Q3 25
$1.7B
$-155.8M
Q2 25
$1.7B
$-206.5M
Q1 25
$1.7B
$-185.8M
Q4 24
$1.6B
$-1.1B
Q3 24
$1.6B
$-1.1B
Q2 24
$1.5B
$-980.2M
Total Assets
OLED
OLED
PTCT
PTCT
Q1 26
$1.9B
Q4 25
$2.0B
$2.9B
Q3 25
$1.9B
$2.6B
Q2 25
$1.9B
$2.6B
Q1 25
$1.9B
$2.7B
Q4 24
$1.8B
$1.7B
Q3 24
$1.8B
$1.8B
Q2 24
$1.8B
$1.9B

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
PTCT
PTCT
Operating Cash FlowLast quarter
$108.9M
$-34.3M
Free Cash FlowOCF − Capex
$-36.6M
FCF MarginFCF / Revenue
-22.3%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
3.03×
TTM Free Cash FlowTrailing 4 quarters
$702.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OLED
OLED
PTCT
PTCT
Q1 26
$108.9M
Q4 25
$31.1M
$-34.3M
Q3 25
$97.2M
$-66.3M
Q2 25
$51.9M
$-58.3M
Q1 25
$30.6M
$870.1M
Q4 24
$34.7M
$-30.0M
Q3 24
$79.9M
$-77.0M
Q2 24
$67.0M
$-71.5M
Free Cash Flow
OLED
OLED
PTCT
PTCT
Q1 26
Q4 25
$15.1M
$-36.6M
Q3 25
$84.3M
$-69.7M
Q2 25
$37.5M
$-59.6M
Q1 25
$17.5M
$868.4M
Q4 24
$22.0M
$-33.8M
Q3 24
$66.2M
$-77.5M
Q2 24
$57.9M
$-78.8M
FCF Margin
OLED
OLED
PTCT
PTCT
Q1 26
Q4 25
8.7%
-22.3%
Q3 25
60.4%
-33.1%
Q2 25
21.8%
-33.3%
Q1 25
10.5%
73.8%
Q4 24
13.6%
-15.8%
Q3 24
41.0%
-39.4%
Q2 24
36.5%
-42.2%
Capex Intensity
OLED
OLED
PTCT
PTCT
Q1 26
Q4 25
9.3%
1.4%
Q3 25
9.2%
1.6%
Q2 25
8.4%
0.7%
Q1 25
7.9%
0.1%
Q4 24
7.8%
1.8%
Q3 24
8.4%
0.3%
Q2 24
5.8%
4.0%
Cash Conversion
OLED
OLED
PTCT
PTCT
Q1 26
3.03×
Q4 25
0.47×
Q3 25
2.21×
-4.17×
Q2 25
0.77×
Q1 25
0.47×
1.00×
Q4 24
0.75×
Q3 24
1.19×
Q2 24
1.28×

Financial Flow Comparison

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

Revenue Breakdown by Segment

OLED
OLED

Material sales$83.7M59%
Royalty and license fees$54.2M38%
Contract research services$4.3M3%

PTCT
PTCT

Segment breakdown not available.

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