A display panel and a display device are provided. In a frame region, the display panel includes a first organic base substrate, an inorganic base substrate, a second organic base substrate, a first inorganic layer, and an encapsulation layer stacked in sequence, and a first groove portion passing through the first inorganic layer and a second groove portion extending to the second organic base substrate. An orthographic projection of the first groove portion projected on the first organic base substrate falls within and is less than an orthographic projection of the second groove portion projected on the first organic base substrate.