The invention provides a display panel and a display device. The display panel includes a film transistor array layer, a first organic insulating layer, a plurality of first electrodes, a second organic insulating layer, an organic light emitting layer and a second electrode, wherein the first electrode, the organic light emitting layer and the second electrode form an organic electroluminescent device, a first interval is formed between first electrodes included in adjacent sub-pixels with the same color, the second organic insulating layer corresponding to the first interval has a first height, a second interval is formed between the first electrodes included in the adjacent sub-pixels with different colors, the second organic insulating layer corresponding to the second interval has a second height, and the second height is greater than the first height. The display panel is advantaged in that manufacturing difficulty can be reduced, printing precision and the printing speed are improved, and film thickness uniformity of the organic light emitting layer is improved.