Efficient organic gain media with high optical gain and good photostability are highly desirable for organic semiconductor lasers. To shed light on the rational molecular design, in this work, a novel deep-blue organic emitter consisting of a carbazole core substituted by a diphenylamine-functionalized triazine unit and two arms of bifluorene with flexible alkyl chains (denoted as C2) was designed and synthesized. Various basic photophysics and amplified spontaneous emission (ASE) characterizations were conducted with a particular focus to unravel the impact of the molecular structure on the photostability. Relatively low ASE threshold of 7.0 μJ/cm 2 , high net gain coefficient of 79.9 cm −1 (under 40-fold threshold pump fluence), and low optical loss coefficient of 7.0 cm −1 were recorded for C2 in neat films. For comparison, C2 was also dispersed into polystyrene (PS), a low-loss transparent matrix, with various ratios to form PS-C2 blend films. Among them, a 50 wt % PS-C2 blend film exhibited a high gain coefficient of 61.8 cm −1 and a low-loss coefficient of 5.4 cm −1 , manifesting enhanced gain properties in comparison with that of pure C2 sample (52.2 and 7.0 cm −1 ) under identical pump conditions (10fold threshold pump fluence). With simple high-ratio blending, the photostability and the film morphology stability under annealing conditions were found to be significantly enhanced, giving rise to highly stable optical gain properties. The optical gain properties of the PS-C2 blend films remained almost unchanged even upon harsh annealing treatment in ambient atmosphere. The results suggest an efficient strategy to enhance the photostability of organic gain media without sacrificing the optical gain properties by combining the merits of robust gain media and a low-loss transparent matrix for achieving efficient and stable organic semiconductor lasers.