The photophysics and photostability of 9,10-bis(phenylethynyl)anthracene (BPEA) diluted in a 40-nm-thick Zeonex polymer film have been investigated by single-molecule spectroscopy (SMS). The single-molecule detection of BPEA was verified by recording fluorescence intensity trajectories, fluorescence lifetimes, and fluorescence spectra. The intensity trajectories showed frequent on/off blinking and one-step photobleaching behaviors. The observed blinking was attributed to the temporary occupation of the excited triplet state T 1 via intersystem crossing (ISC). Assuming a threestate model (e.g., S 0 , S 1 , and T 1 ), the distributions of triplet lifetime and S 1 AT 1 ISC quantum yield of BPEA were both derived from the analyses of the blinking statistics and the intensity autocorrelation. We found extremely low ISC yields (on the order of 10 25 -10 24 ), which were theoretically rationalized by the large energy gap between 3 B 2u and S 1 ( 1 B 1u )/T 1 ( 3 B 1u ) states. SMS measurements were also conducted under both air and Ar atmospheres in order to gain insight into the influence of oxygen on photobleaching. The results reveal that, although the presence of oxygen considerably degraded the photostability of BPEA, under deoxygenated conditions, BPEA delivers more than 10 7 photons before photobleaching and possesses an appreciably low photobleaching yield of 10 29 -10 28 . This study shows that BPEA has a relatively high degree of photostability at room temperature and can serve as a useful green fluorescent probe for SMS studies.