Disclosed is an organic light emitting diode (OLED) comprising at least one emitting unit that includes a first compound, which may have a bipolar property, a second compound, which may have a delayed fluorescent property, and a third compound, which may have narrow FWHM (full width at half maximum) and a fluorescent property, and an organic light emitting device including the OLED. Further the compounds have defined relative LUMO and HOMO energies. The OLED and the organic light emitting device has enhanced luminous efficiency, color purity and luminous life span as well as low driving voltage.