An optical film includes a polarization film including a polyolefin and a dichroic dye, a first phase delay layer positioned on one side of the polarization film and including a liquid crystal, a second phase delay layer positioned on one side of the first phase delay layer and including a liquid crystal, a first adhesive between the polarization film and the first phase delay layer, and a second adhesive between the first phase delay layer and the second phase delay layer, wherein at least one of the first adhesive and the second adhesive has a room temperature storage modulus of greater than or equal to about 0.2 MPa at a frequency of 10 Hz, and a display device including the same, are provided.