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UNIVERSAL DISPLAY CORP \PA\（OLED）与BRC Group Holdings, Inc.（RILY）财务数据对比。点击上方公司名可切换其他公司
BRC Group Holdings, Inc.的季度营收约是UNIVERSAL DISPLAY CORP \PA\的1.1倍（$188.3M vs $172.9M），BRC Group Holdings, Inc.净利率更高（47.9% vs 38.4%，领先9.6%），UNIVERSAL DISPLAY CORP \PA\同比增速更快（6.6% vs -21.9%），过去两年UNIVERSAL DISPLAY CORP \PA\的营收复合增速更高（2.3% vs -15.4%）
Universal Display Corporation（股票代码OLED）是有机发光二极管（OLED）技术及材料的研发与生产企业，拥有深厚的技术积累，面向显示、照明两大领域提供相关配套服务，是全球OLED上游产业链的核心供应商之一。
OLED vs RILY — 直观对比
营收规模更大
RILY
是对方的1.1倍
$172.9M
营收增速更快
OLED
高出28.4%
-21.9%
净利率更高
RILY
高出9.6%
38.4%
两年增速更快
OLED
近两年复合增速
-15.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $172.9M | $188.3M |
| 净利润 | $66.3M | $90.3M |
| 毛利率 | 76.1% | 79.5% |
| 营业利润率 | 38.9% | 32.3% |
| 净利率 | 38.4% | 47.9% |
| 营收同比 | 6.6% | -21.9% |
| 净利润同比 | 44.2% | 1710.8% |
| 每股收益（稀释后） | $1.40 | $2.78 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收OLEDRILY
| Q4 25 | $172.9M | $188.3M | ||
| Q3 25 | $139.6M | $215.3M | ||
| Q2 25 | $171.8M | $188.2M | ||
| Q1 25 | $166.3M | $197.2M | ||
| Q4 24 | $162.3M | $241.0M | ||
| Q3 24 | $161.6M | $225.5M | ||
| Q2 24 | $158.5M | $256.0M | ||
| Q1 24 | $165.3M | $263.4M |
净利润OLEDRILY
| Q4 25 | $66.3M | $90.3M | ||
| Q3 25 | $44.0M | $91.1M | ||
| Q2 25 | $67.3M | $139.5M | ||
| Q1 25 | $64.4M | $-10.0M | ||
| Q4 24 | $46.0M | $-5.6M | ||
| Q3 24 | $66.9M | $-284.4M | ||
| Q2 24 | $52.3M | $-433.6M | ||
| Q1 24 | $56.9M | $-49.2M |
毛利率OLEDRILY
| Q4 25 | 76.1% | 79.5% | ||
| Q3 25 | 74.6% | 83.7% | ||
| Q2 25 | 77.2% | 81.3% | ||
| Q1 25 | 77.1% | 81.4% | ||
| Q4 24 | 77.0% | 79.8% | ||
| Q3 24 | 77.8% | 82.1% | ||
| Q2 24 | 75.8% | 84.5% | ||
| Q1 24 | 77.6% | 85.3% |
营业利润率OLEDRILY
| Q4 25 | 38.9% | 32.3% | ||
| Q3 25 | 30.9% | 30.4% | ||
| Q2 25 | 39.9% | 5.7% | ||
| Q1 25 | 41.9% | -31.2% | ||
| Q4 24 | 32.3% | -69.2% | ||
| Q3 24 | 41.5% | -36.4% | ||
| Q2 24 | 35.6% | -90.8% | ||
| Q1 24 | 38.0% | -6.1% |
净利率OLEDRILY
| Q4 25 | 38.4% | 47.9% | ||
| Q3 25 | 31.5% | 42.3% | ||
| Q2 25 | 39.2% | 74.1% | ||
| Q1 25 | 38.8% | -5.1% | ||
| Q4 24 | 28.4% | -2.3% | ||
| Q3 24 | 41.4% | -126.1% | ||
| Q2 24 | 33.0% | -169.4% | ||
| Q1 24 | 34.4% | -18.7% |
每股收益（稀释后）OLEDRILY
| Q4 25 | $1.40 | $2.78 | ||
| Q3 25 | $0.92 | $2.91 | ||
| Q2 25 | $1.41 | $4.50 | ||
| Q1 25 | $1.35 | $-0.39 | ||
| Q4 24 | $0.96 | $-0.01 | ||
| Q3 24 | $1.40 | $-9.39 | ||
| Q2 24 | $1.10 | $-14.35 | ||
| Q1 24 | $1.19 | $-1.71 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $602.4M | $226.6M |
| 总债务越低越好 | — | $1.4B |
| 股东权益账面价值 | $1.8B | $-171.5M |
| 总资产 | $2.0B | $1.7B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资OLEDRILY
| Q4 25 | $602.4M | $226.6M | ||
| Q3 25 | $603.0M | $184.2M | ||
| Q2 25 | $525.2M | $267.4M | ||
| Q1 25 | $571.3M | $138.3M | ||
| Q4 24 | $492.7M | $146.9M | ||
| Q3 24 | $551.6M | $159.2M | ||
| Q2 24 | $530.5M | $236.9M | ||
| Q1 24 | $539.3M | $190.7M |
总债务OLEDRILY
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $1.3B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益OLEDRILY
| Q4 25 | $1.8B | $-171.5M | ||
| Q3 25 | $1.7B | $-260.5M | ||
| Q2 25 | $1.7B | $-351.7M | ||
| Q1 25 | $1.7B | $-496.8M | ||
| Q4 24 | $1.6B | $-488.2M | ||
| Q3 24 | $1.6B | $-497.6M | ||
| Q2 24 | $1.5B | $-218.3M | ||
| Q1 24 | $1.5B | $228.4M |
总资产OLEDRILY
| Q4 25 | $2.0B | $1.7B | ||
| Q3 25 | $1.9B | $1.7B | ||
| Q2 25 | $1.9B | $1.5B | ||
| Q1 25 | $1.9B | $1.5B | ||
| Q4 24 | $1.8B | $1.8B | ||
| Q3 24 | $1.8B | $2.2B | ||
| Q2 24 | $1.8B | $3.2B | ||
| Q1 24 | $1.7B | $5.0B |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $31.1M | $26.2M |
| 自由现金流经营现金流 - 资本支出 | $15.1M | — |
| 自由现金流率自由现金流/营收 | 8.7% | — |
| 资本支出强度资本支出/营收 | 9.3% | — |
| 现金转化率经营现金流/净利润 | 0.47× | 0.29× |
| 过去12个月自由现金流最近4个季度 | $154.4M | — |
8季度趋势，按日历期对齐
经营现金流OLEDRILY
| Q4 25 | $31.1M | $26.2M | ||
| Q3 25 | $97.2M | $-60.6M | ||
| Q2 25 | $51.9M | $-25.6M | ||
| Q1 25 | $30.6M | $184.0K | ||
| Q4 24 | $34.7M | $-2.7M | ||
| Q3 24 | $79.9M | $19.5M | ||
| Q2 24 | $67.0M | $111.5M | ||
| Q1 24 | $72.2M | $135.4M |
自由现金流OLEDRILY
| Q4 25 | $15.1M | — | ||
| Q3 25 | $84.3M | — | ||
| Q2 25 | $37.5M | — | ||
| Q1 25 | $17.5M | — | ||
| Q4 24 | $22.0M | — | ||
| Q3 24 | $66.2M | — | ||
| Q2 24 | $57.9M | — | ||
| Q1 24 | $65.0M | — |
自由现金流率OLEDRILY
| Q4 25 | 8.7% | — | ||
| Q3 25 | 60.4% | — | ||
| Q2 25 | 21.8% | — | ||
| Q1 25 | 10.5% | — | ||
| Q4 24 | 13.6% | — | ||
| Q3 24 | 41.0% | — | ||
| Q2 24 | 36.5% | — | ||
| Q1 24 | 39.3% | — |
资本支出强度OLEDRILY
| Q4 25 | 9.3% | — | ||
| Q3 25 | 9.2% | — | ||
| Q2 25 | 8.4% | — | ||
| Q1 25 | 7.9% | — | ||
| Q4 24 | 7.8% | — | ||
| Q3 24 | 8.4% | — | ||
| Q2 24 | 5.8% | — | ||
| Q1 24 | 4.4% | — |
现金转化率OLEDRILY
| Q4 25 | 0.47× | 0.29× | ||
| Q3 25 | 2.21× | -0.66× | ||
| Q2 25 | 0.77× | -0.18× | ||
| Q1 25 | 0.47× | — | ||
| Q4 24 | 0.75× | — | ||
| Q3 24 | 1.19× | — | ||
| Q2 24 | 1.28× | — | ||
| Q1 24 | 1.27× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
OLED
| Material Sales | $95.5M | 55% |
| Other | $72.6M | 42% |
| Contract Research Services | $4.8M | 3% |
RILY
| Transferred At Point In Time | $101.4M | 54% |
| Wealth Management Segment | $30.7M | 16% |
| Corporate Finance Consulting And Investment Banking Fees | $27.1M | 14% |
| Services And Fees | $24.8M | 13% |
| Commissions Fees And Reimbursed Expenses | $4.8M | 3% |
