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Side-by-side financial comparison of UNIVERSAL DISPLAY CORP \PA\ (OLED) and SMITH & WESSON BRANDS, INC. (SWBI). 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 $124.7M, roughly 1.1× SMITH & WESSON BRANDS, INC.). UNIVERSAL DISPLAY CORP \PA\ runs the higher net margin — 25.2% vs 1.5%, a 23.7% gap on every dollar of revenue. On growth, SMITH & WESSON BRANDS, INC. posted the faster year-over-year revenue change (-3.9% vs -14.5%). Over the past eight quarters, SMITH & WESSON BRANDS, INC.'s revenue compounded faster (-4.8% 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.
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
OLED vs SWBI — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $142.2M | $124.7M |
| Net Profit | $35.9M | $1.9M |
| Gross Margin | 74.6% | 24.3% |
| Operating Margin | 30.1% | 3.3% |
| Net Margin | 25.2% | 1.5% |
| Revenue YoY | -14.5% | -3.9% |
| Net Profit YoY | -44.3% | -53.6% |
| EPS (diluted) | $0.76 | $0.04 |
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 | $124.7M | ||
| Q3 25 | $139.6M | $85.1M | ||
| Q2 25 | $171.8M | $140.8M | ||
| Q1 25 | $166.3M | $115.9M | ||
| Q4 24 | $162.3M | $129.7M | ||
| Q3 24 | $161.6M | $88.3M | ||
| Q2 24 | $158.5M | $159.1M |
| Q1 26 | $35.9M | — | ||
| Q4 25 | $66.3M | $1.9M | ||
| Q3 25 | $44.0M | $-3.4M | ||
| Q2 25 | $67.3M | $8.6M | ||
| Q1 25 | $64.4M | $2.1M | ||
| Q4 24 | $46.0M | $4.5M | ||
| Q3 24 | $66.9M | $-1.9M | ||
| Q2 24 | $52.3M | $27.9M |
| Q1 26 | 74.6% | — | ||
| Q4 25 | 76.1% | 24.3% | ||
| Q3 25 | 74.6% | 25.9% | ||
| Q2 25 | 77.2% | 28.8% | ||
| Q1 25 | 77.1% | 24.1% | ||
| Q4 24 | 77.0% | 26.6% | ||
| Q3 24 | 77.8% | 27.4% | ||
| Q2 24 | 75.8% | 35.5% |
| Q1 26 | 30.1% | — | ||
| Q4 25 | 38.9% | 3.3% | ||
| Q3 25 | 30.9% | -3.5% | ||
| Q2 25 | 39.9% | 9.3% | ||
| Q1 25 | 41.9% | 4.1% | ||
| Q4 24 | 32.3% | 5.8% | ||
| Q3 24 | 41.5% | -1.7% | ||
| Q2 24 | 35.6% | 17.4% |
| Q1 26 | 25.2% | — | ||
| Q4 25 | 38.4% | 1.5% | ||
| Q3 25 | 31.5% | -4.0% | ||
| Q2 25 | 39.2% | 6.1% | ||
| Q1 25 | 38.8% | 1.8% | ||
| Q4 24 | 28.4% | 3.5% | ||
| Q3 24 | 41.4% | -2.1% | ||
| Q2 24 | 33.0% | 17.5% |
| Q1 26 | $0.76 | — | ||
| Q4 25 | $1.40 | $0.04 | ||
| Q3 25 | $0.92 | $-0.08 | ||
| Q2 25 | $1.41 | $0.19 | ||
| Q1 25 | $1.35 | $0.05 | ||
| Q4 24 | $0.96 | $0.10 | ||
| Q3 24 | $1.40 | $-0.04 | ||
| Q2 24 | $1.10 | $0.60 |
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 | $22.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $363.2M |
| Total Assets | $1.9B | $548.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $516.4M | — | ||
| Q4 25 | $602.4M | $22.4M | ||
| Q3 25 | $603.0M | $18.0M | ||
| Q2 25 | $525.2M | $25.2M | ||
| Q1 25 | $571.3M | $26.7M | ||
| Q4 24 | $492.7M | $39.1M | ||
| Q3 24 | $551.6M | $35.5M | ||
| Q2 24 | $530.5M | $60.8M |
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | $363.2M | ||
| Q3 25 | $1.7B | $364.4M | ||
| Q2 25 | $1.7B | $372.5M | ||
| Q1 25 | $1.7B | $366.9M | ||
| Q4 24 | $1.6B | $371.5M | ||
| Q3 24 | $1.6B | $380.0M | ||
| Q2 24 | $1.5B | $399.9M |
| Q1 26 | $1.9B | — | ||
| Q4 25 | $2.0B | $548.6M | ||
| Q3 25 | $1.9B | $554.6M | ||
| Q2 25 | $1.9B | $559.6M | ||
| Q1 25 | $1.9B | $578.9M | ||
| Q4 24 | $1.8B | $587.4M | ||
| Q3 24 | $1.8B | $571.3M | ||
| Q2 24 | $1.8B | $577.4M |
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 | $27.3M |
| Free Cash FlowOCF − Capex | — | $16.3M |
| FCF MarginFCF / Revenue | — | 13.1% |
| Capex IntensityCapex / Revenue | — | 8.8% |
| Cash ConversionOCF / Net Profit | 3.03× | 14.22× |
| TTM Free Cash FlowTrailing 4 quarters | — | $21.3M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $108.9M | — | ||
| Q4 25 | $31.1M | $27.3M | ||
| Q3 25 | $97.2M | $-8.1M | ||
| Q2 25 | $51.9M | $40.8M | ||
| Q1 25 | $30.6M | $-9.8M | ||
| Q4 24 | $34.7M | $-7.4M | ||
| Q3 24 | $79.9M | $-30.8M | ||
| Q2 24 | $67.0M | $43.7M |
| Q1 26 | — | — | ||
| Q4 25 | $15.1M | $16.3M | ||
| Q3 25 | $84.3M | $-12.4M | ||
| Q2 25 | $37.5M | $33.5M | ||
| Q1 25 | $17.5M | $-16.1M | ||
| Q4 24 | $22.0M | $-10.7M | ||
| Q3 24 | $66.2M | $-35.5M | ||
| Q2 24 | $57.9M | $38.2M |
| Q1 26 | — | — | ||
| Q4 25 | 8.7% | 13.1% | ||
| Q3 25 | 60.4% | -14.6% | ||
| Q2 25 | 21.8% | 23.8% | ||
| Q1 25 | 10.5% | -13.9% | ||
| Q4 24 | 13.6% | -8.3% | ||
| Q3 24 | 41.0% | -40.2% | ||
| Q2 24 | 36.5% | 24.0% |
| Q1 26 | — | — | ||
| Q4 25 | 9.3% | 8.8% | ||
| Q3 25 | 9.2% | 5.0% | ||
| Q2 25 | 8.4% | 5.2% | ||
| Q1 25 | 7.9% | 5.4% | ||
| Q4 24 | 7.8% | 2.5% | ||
| Q3 24 | 8.4% | 5.3% | ||
| Q2 24 | 5.8% | 3.5% |
| Q1 26 | 3.03× | — | ||
| Q4 25 | 0.47× | 14.22× | ||
| Q3 25 | 2.21× | — | ||
| Q2 25 | 0.77× | 4.73× | ||
| Q1 25 | 0.47× | -4.68× | ||
| Q4 24 | 0.75× | -1.63× | ||
| Q3 24 | 1.19× | — | ||
| Q2 24 | 1.28× | 1.57× |
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% |
SWBI
Segment breakdown not available.
