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Side-by-side financial comparison of UNIVERSAL DISPLAY CORP \PA\ (OLED) and TACTILE SYSTEMS TECHNOLOGY INC (TCMD). 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 $103.6M, roughly 1.4× TACTILE SYSTEMS TECHNOLOGY INC). UNIVERSAL DISPLAY CORP \PA\ runs the higher net margin — 25.2% vs 10.3%, a 15.0% gap on every dollar of revenue. On growth, TACTILE SYSTEMS TECHNOLOGY INC posted the faster year-over-year revenue change (21.0% vs -14.5%). Over the past eight quarters, TACTILE SYSTEMS TECHNOLOGY INC's revenue compounded faster (30.2% 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.
Dominion Voting Systems Corporation was a North American company that produced and sold electronic voting hardware and software, including voting machines and tabulators, in Canada and the United States.
OLED vs TCMD — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $142.2M | $103.6M |
| Net Profit | $35.9M | $10.6M |
| Gross Margin | 74.6% | 78.2% |
| Operating Margin | 30.1% | 18.1% |
| Net Margin | 25.2% | 10.3% |
| Revenue YoY | -14.5% | 21.0% |
| Net Profit YoY | -44.3% | 9.4% |
| EPS (diluted) | $0.76 | $0.45 |
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 | $103.6M | ||
| Q3 25 | $139.6M | $85.8M | ||
| Q2 25 | $171.8M | $78.9M | ||
| Q1 25 | $166.3M | $61.3M | ||
| Q4 24 | $162.3M | $85.6M | ||
| Q3 24 | $161.6M | $73.1M | ||
| Q2 24 | $158.5M | $73.2M |
| Q1 26 | $35.9M | — | ||
| Q4 25 | $66.3M | $10.6M | ||
| Q3 25 | $44.0M | $8.2M | ||
| Q2 25 | $67.3M | $3.2M | ||
| Q1 25 | $64.4M | $-3.0M | ||
| Q4 24 | $46.0M | $9.7M | ||
| Q3 24 | $66.9M | $5.2M | ||
| Q2 24 | $52.3M | $4.3M |
| Q1 26 | 74.6% | — | ||
| Q4 25 | 76.1% | 78.2% | ||
| Q3 25 | 74.6% | 75.8% | ||
| Q2 25 | 77.2% | 74.5% | ||
| Q1 25 | 77.1% | 74.0% | ||
| Q4 24 | 77.0% | 75.2% | ||
| Q3 24 | 77.8% | 75.0% | ||
| Q2 24 | 75.8% | 73.9% |
| Q1 26 | 30.1% | — | ||
| Q4 25 | 38.9% | 18.1% | ||
| Q3 25 | 30.9% | 12.8% | ||
| Q2 25 | 39.9% | 5.2% | ||
| Q1 25 | 41.9% | -7.4% | ||
| Q4 24 | 32.3% | 14.6% | ||
| Q3 24 | 41.5% | 9.3% | ||
| Q2 24 | 35.6% | 8.0% |
| Q1 26 | 25.2% | — | ||
| Q4 25 | 38.4% | 10.3% | ||
| Q3 25 | 31.5% | 9.6% | ||
| Q2 25 | 39.2% | 4.1% | ||
| Q1 25 | 38.8% | -4.9% | ||
| Q4 24 | 28.4% | 11.4% | ||
| Q3 24 | 41.4% | 7.1% | ||
| Q2 24 | 33.0% | 5.9% |
| Q1 26 | $0.76 | — | ||
| Q4 25 | $1.40 | $0.45 | ||
| Q3 25 | $0.92 | $0.36 | ||
| Q2 25 | $1.41 | $0.14 | ||
| Q1 25 | $1.35 | $-0.13 | ||
| Q4 24 | $0.96 | $0.40 | ||
| Q3 24 | $1.40 | $0.21 | ||
| Q2 24 | $1.10 | $0.18 |
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 | $83.4M |
| Total DebtLower is stronger | — | $0 |
| Stockholders' EquityBook value | — | $218.9M |
| Total Assets | $1.9B | $273.9M |
| Debt / EquityLower = less leverage | — | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $516.4M | — | ||
| Q4 25 | $602.4M | $83.4M | ||
| Q3 25 | $603.0M | $66.0M | ||
| Q2 25 | $525.2M | $81.5M | ||
| Q1 25 | $571.3M | $83.6M | ||
| Q4 24 | $492.7M | $94.4M | ||
| Q3 24 | $551.6M | $82.1M | ||
| Q2 24 | $530.5M | $73.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | $0 | ||
| Q3 25 | — | $0 | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $27.0M | ||
| Q2 24 | — | $27.8M |
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | $218.9M | ||
| Q3 25 | $1.7B | $204.9M | ||
| Q2 25 | $1.7B | $194.9M | ||
| Q1 25 | $1.7B | $205.6M | ||
| Q4 24 | $1.6B | $216.6M | ||
| Q3 24 | $1.6B | $207.9M | ||
| Q2 24 | $1.5B | $200.7M |
| Q1 26 | $1.9B | — | ||
| Q4 25 | $2.0B | $273.9M | ||
| Q3 25 | $1.9B | $259.2M | ||
| Q2 25 | $1.9B | $273.0M | ||
| Q1 25 | $1.9B | $280.2M | ||
| Q4 24 | $1.8B | $297.9M | ||
| Q3 24 | $1.8B | $287.7M | ||
| Q2 24 | $1.8B | $278.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.13× | ||
| Q2 24 | — | 0.14× |
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 | $17.3M |
| Free Cash FlowOCF − Capex | — | $16.8M |
| FCF MarginFCF / Revenue | — | 16.2% |
| Capex IntensityCapex / Revenue | — | 0.5% |
| Cash ConversionOCF / Net Profit | 3.03× | 1.63× |
| TTM Free Cash FlowTrailing 4 quarters | — | $40.4M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $108.9M | — | ||
| Q4 25 | $31.1M | $17.3M | ||
| Q3 25 | $97.2M | $10.3M | ||
| Q2 25 | $51.9M | $14.8M | ||
| Q1 25 | $30.6M | $417.0K | ||
| Q4 24 | $34.7M | $16.3M | ||
| Q3 24 | $79.9M | $10.3M | ||
| Q2 24 | $67.0M | $13.1M |
| Q1 26 | — | — | ||
| Q4 25 | $15.1M | $16.8M | ||
| Q3 25 | $84.3M | $9.2M | ||
| Q2 25 | $37.5M | $14.4M | ||
| Q1 25 | $17.5M | $38.0K | ||
| Q4 24 | $22.0M | $15.9M | ||
| Q3 24 | $66.2M | $9.3M | ||
| Q2 24 | $57.9M | $12.6M |
| Q1 26 | — | — | ||
| Q4 25 | 8.7% | 16.2% | ||
| Q3 25 | 60.4% | 10.8% | ||
| Q2 25 | 21.8% | 18.2% | ||
| Q1 25 | 10.5% | 0.1% | ||
| Q4 24 | 13.6% | 18.5% | ||
| Q3 24 | 41.0% | 12.7% | ||
| Q2 24 | 36.5% | 17.3% |
| Q1 26 | — | — | ||
| Q4 25 | 9.3% | 0.5% | ||
| Q3 25 | 9.2% | 1.3% | ||
| Q2 25 | 8.4% | 0.5% | ||
| Q1 25 | 7.9% | 0.6% | ||
| Q4 24 | 7.8% | 0.5% | ||
| Q3 24 | 8.4% | 1.3% | ||
| Q2 24 | 5.8% | 0.7% |
| Q1 26 | 3.03× | — | ||
| Q4 25 | 0.47× | 1.63× | ||
| Q3 25 | 2.21× | 1.26× | ||
| Q2 25 | 0.77× | 4.59× | ||
| Q1 25 | 0.47× | — | ||
| Q4 24 | 0.75× | 1.68× | ||
| Q3 24 | 1.19× | 1.99× | ||
| Q2 24 | 1.28× | 3.06× |
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% |
TCMD
| Private Insurers | $57.6M | 56% |
| Medicare | $24.6M | 24% |
| Durable Medical Equipment Distributors | $14.1M | 14% |
| Veterans Administration | $7.3M | 7% |
