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Side-by-side financial comparison of UNIVERSAL DISPLAY CORP \PA\ (OLED) and Xometry, Inc. (XMTR). Click either name above to swap in a different company.
Xometry, Inc. is the larger business by last-quarter revenue ($192.4M vs $142.2M, roughly 1.4× UNIVERSAL DISPLAY CORP \PA\). UNIVERSAL DISPLAY CORP \PA\ runs the higher net margin — 25.2% vs -4.5%, a 29.7% gap on every dollar of revenue. On growth, Xometry, Inc. posted the faster year-over-year revenue change (29.5% vs -14.5%). Over the past eight quarters, Xometry, Inc.'s revenue compounded faster (25.2% 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.
Xometry is an online marketplace for sourcing on-demand manufactured parts for prototyping and large-scale production.
OLED vs XMTR — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $142.2M | $192.4M |
| Net Profit | $35.9M | $-8.6M |
| Gross Margin | 74.6% | 39.1% |
| Operating Margin | 30.1% | -4.6% |
| Net Margin | 25.2% | -4.5% |
| Revenue YoY | -14.5% | 29.5% |
| Net Profit YoY | -44.3% | 12.7% |
| EPS (diluted) | $0.76 | — |
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 | $192.4M | ||
| Q3 25 | $139.6M | $180.7M | ||
| Q2 25 | $171.8M | $162.5M | ||
| Q1 25 | $166.3M | $151.0M | ||
| Q4 24 | $162.3M | $148.5M | ||
| Q3 24 | $161.6M | $141.7M | ||
| Q2 24 | $158.5M | $132.6M |
| Q1 26 | $35.9M | — | ||
| Q4 25 | $66.3M | $-8.6M | ||
| Q3 25 | $44.0M | $-11.6M | ||
| Q2 25 | $67.3M | $-26.4M | ||
| Q1 25 | $64.4M | $-15.1M | ||
| Q4 24 | $46.0M | $-9.9M | ||
| Q3 24 | $66.9M | $-10.2M | ||
| Q2 24 | $52.3M | $-13.7M |
| Q1 26 | 74.6% | — | ||
| Q4 25 | 76.1% | 39.1% | ||
| Q3 25 | 74.6% | 39.9% | ||
| Q2 25 | 77.2% | 40.1% | ||
| Q1 25 | 77.1% | 37.3% | ||
| Q4 24 | 77.0% | 39.7% | ||
| Q3 24 | 77.8% | 39.4% | ||
| Q2 24 | 75.8% | 39.9% |
| Q1 26 | 30.1% | — | ||
| Q4 25 | 38.9% | -4.6% | ||
| Q3 25 | 30.9% | -6.1% | ||
| Q2 25 | 39.9% | -6.3% | ||
| Q1 25 | 41.9% | -10.2% | ||
| Q4 24 | 32.3% | -7.8% | ||
| Q3 24 | 41.5% | -8.1% | ||
| Q2 24 | 35.6% | -11.5% |
| Q1 26 | 25.2% | — | ||
| Q4 25 | 38.4% | -4.5% | ||
| Q3 25 | 31.5% | -6.4% | ||
| Q2 25 | 39.2% | -16.3% | ||
| Q1 25 | 38.8% | -10.0% | ||
| Q4 24 | 28.4% | -6.7% | ||
| Q3 24 | 41.4% | -7.2% | ||
| Q2 24 | 33.0% | -10.3% |
| Q1 26 | $0.76 | — | ||
| Q4 25 | $1.40 | — | ||
| Q3 25 | $0.92 | — | ||
| Q2 25 | $1.41 | — | ||
| Q1 25 | $1.35 | — | ||
| Q4 24 | $0.96 | — | ||
| Q3 24 | $1.40 | — | ||
| Q2 24 | $1.10 | — |
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 | $219.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $275.6M |
| Total Assets | $1.9B | $703.7M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $516.4M | — | ||
| Q4 25 | $602.4M | $219.1M | ||
| Q3 25 | $603.0M | $224.5M | ||
| Q2 25 | $525.2M | $225.8M | ||
| Q1 25 | $571.3M | $231.4M | ||
| Q4 24 | $492.7M | $239.8M | ||
| Q3 24 | $551.6M | $234.0M | ||
| Q2 24 | $530.5M | $240.9M |
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | $275.6M | ||
| Q3 25 | $1.7B | $272.0M | ||
| Q2 25 | $1.7B | $270.4M | ||
| Q1 25 | $1.7B | $309.9M | ||
| Q4 24 | $1.6B | $314.5M | ||
| Q3 24 | $1.6B | $315.2M | ||
| Q2 24 | $1.5B | $315.8M |
| Q1 26 | $1.9B | — | ||
| Q4 25 | $2.0B | $703.7M | ||
| Q3 25 | $1.9B | $698.9M | ||
| Q2 25 | $1.9B | $687.0M | ||
| Q1 25 | $1.9B | $690.1M | ||
| Q4 24 | $1.8B | $680.1M | ||
| Q3 24 | $1.8B | $678.2M | ||
| Q2 24 | $1.8B | $678.6M |
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 | $4.4M |
| Free Cash FlowOCF − Capex | — | $-5.9M |
| FCF MarginFCF / Revenue | — | -3.0% |
| Capex IntensityCapex / Revenue | — | 5.3% |
| Cash ConversionOCF / Net Profit | 3.03× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-24.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $108.9M | — | ||
| Q4 25 | $31.1M | $4.4M | ||
| Q3 25 | $97.2M | $5.8M | ||
| Q2 25 | $51.9M | $-427.0K | ||
| Q1 25 | $30.6M | $-3.7M | ||
| Q4 24 | $34.7M | $9.1M | ||
| Q3 24 | $79.9M | $-3.6M | ||
| Q2 24 | $67.0M | $-9.1M |
| Q1 26 | — | — | ||
| Q4 25 | $15.1M | $-5.9M | ||
| Q3 25 | $84.3M | $-1.7M | ||
| Q2 25 | $37.5M | $-7.4M | ||
| Q1 25 | $17.5M | $-9.2M | ||
| Q4 24 | $22.0M | $4.5M | ||
| Q3 24 | $66.2M | $-8.4M | ||
| Q2 24 | $57.9M | $-13.5M |
| Q1 26 | — | — | ||
| Q4 25 | 8.7% | -3.0% | ||
| Q3 25 | 60.4% | -0.9% | ||
| Q2 25 | 21.8% | -4.5% | ||
| Q1 25 | 10.5% | -6.1% | ||
| Q4 24 | 13.6% | 3.1% | ||
| Q3 24 | 41.0% | -6.0% | ||
| Q2 24 | 36.5% | -10.2% |
| Q1 26 | — | — | ||
| Q4 25 | 9.3% | 5.3% | ||
| Q3 25 | 9.2% | 4.1% | ||
| Q2 25 | 8.4% | 4.3% | ||
| Q1 25 | 7.9% | 3.6% | ||
| Q4 24 | 7.8% | 3.1% | ||
| Q3 24 | 8.4% | 3.4% | ||
| Q2 24 | 5.8% | 3.3% |
| 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× | — |
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% |
XMTR
| US | $159.1M | 83% |
| Non Us | $33.3M | 17% |
