LAUSR

Multifunctional operation of tetracene/polycyclopentadithiophene‐benzothiadiazole (PCPDTBT), and tetracene sensitized PCPDTBT:fullerene bulk heterojunctions (BHJs) that work as an organic photovoltaic (OPV), organic light emitting diode (OLED), and organic photodetector (OPD) is unveiled. The multifunctional operation is underlined by a synergetic interplay between singlet and triplet energy transfer and the judicious alignment of energy levels of donor–acceptor cascade. Introduction of tetracene is shown to enhance electroluminescence (EL) at 800 nm despite the observation of a near‐complete photoluminescence quenching in BHJ systems. Signatures of triple energy transfer mediated via charge transfer states of BHJ to tetracene become apparent as the proportion of fullerene in the BHJ is increased. An optimal balance between exciton population is achieved with BHJ 1:2 that produces EL peaks at 530 and 800 nm while maintaining a respectable OPV and OPD performance. The proposed ternary system unlocks the potential of having multifunctionality within one single diode structure, and it also offers new design rules for multispectral OLEDs.