A display device includes: a display panel including a first portion, a second portion, and a bending portion disposed between the first portion and the second portion, a first black matrix disposed in the first portion and disposed adjacent to a boundary of the first portion, an anti-reflective layer disposed in the first portion to cover the first black matrix and extending to the bending portion, a second black matrix disposed on the anti-reflective layer, disposed adjacent to a boundary of the anti-reflective layer, and overlapping the first black matrix and the bending portion in a plan view, and a window disposed on the anti-reflective layer to cover the second black matrix.