The invention discloses a display panel and a display device, and relates to the technical field of display. The display panel comprises an array substrate and a colored film substrate; a first black matrix is arranged on the inner surface of the colored film structure, wherein the inner surface of the colored film substrate is the surface of the colored film substrate, facing the array substrate; a second black matrix is arranged on the outer surface of the array substrate, wherein the outer surface of the array substrate is the surface of the array substrate, far away from the colored film substrate; the position of the second black matrix is corresponding to that of the first back matrix. According to the display panel, the black matrixes are arranged on the outer surface of the array substrate; when the array substrate and the colored film substrate are aligned to form a box, the black matrixes on the outer surface of the array substrate can shield the light leaking position whether aligning deviation occurs or not, so that the black matrixes on the colored film substrate can be set in proper width, the alignment deviation of the array substrate and the colored film substrate and the influence of the black matrixes on the transmission rate of the display panel can be reduced, and the transmission rate of the display panel can be increased.