We synthesized two new thieno [3,4-c]pyrrole-4,6-dione (TPD)-and diketopyrrolopyrrole (DPP)-based small molecules having pyridine end groups, TPDTPy and DPPTPy, using the Stille and Suzuki coupling reactions, respectively. The optical, electrochemical, and photovoltaic properties of these small molecules depended on the introduced electron-accepting units of TPD and DPP. DPPTPy exhibited a relatively low-energy bandgap (E g ) of 1.82 eV compared to TPDTPy (2.22 eV) because of the stronger electron-withdrawing ability of DPP compared to TPD. Organic photovoltaic cells with the inverted ITO/ZnO/small molecule:(6,6)-phenyl-C 71 -butyric acid methyl ester/MoO 3 /Ag structure were fabricated. The DPPTPy-based device showed a relatively high power conversion efficiency of 0.62% compared to TPDTPy (0.16%), mainly because of the red-shifted UV absorption, lower E g , and the higher short-circuit current of DPPTPy.