AbstractHybride white organic light‐emitting diodes (WOLEDs) have experienced great success as a prospective technology for the new generation lighting source. Nevertheless, WOLEDs exhibiting excellent effciency and good color stability at high operation brightness are still rare. Herein, a simple but efficient blue molecule, pyrenoimidazole‐biphenyl (PPyIM), which exhibits promising external quantum efficiency (EQE) of 7.6% and 7.2% at the luminescence of 1000 −and 5000 cd m−2 in nondoped blue OLED, is first developed. And then, phenanthroimidazole‐biphenyl (PPIM) with analogous molecular skeleton of PPyIM is chosen as the host of phosphorescent dye PO‐01, and the resulting doped device achieves excellent EQE of 26.5% at the high luminescence of 5000 cd m−2. Furthermore, adopting PPyIM as nondoped blue emissive layer, the two‐color hybrid WOLED exhibites stable warm white emission with CIE coordinates of (0.454, 0.439), color rendering index (CRI) of 45, and correlated color temperature (CCT) of 2996 K. The maximum EQE reaches 23.5%, and the EQE still maintains 21.2% even at the luminance of 5000 cd m−2. Notably, this device exhibits exceptionally stable warm white emission, the CIE coordinates variation is only (0.004, 0.003) in the wide luminance range from 400 to 10000 cd m−2, representing the best outcome for hybrid WOLEDs to date.