PDF Solutions, Inc. (PDFS)

PDF Solutions Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	206.71	179.47	165.84	148.55	111.06	88.05
Revenue Growth (YoY)	21.23%	8.22%	11.64%	33.76%	26.14%	2.88%
Cost of Revenue	59.58	54.14	51.75	47.91	44.19	36.77
Gross Profit	147.12	125.32	114.09	100.64	66.87	51.28
Selling, General & Admin	77.53	69.92	62.22	45.34	37.65	32.68
Research & Development	59.39	53.57	50.74	56.13	43.78	34.65
Amortization of Goodwill & Intangibles	2.7	0.9	1.29	1.27	1.26	0.74
Operating Expenses	139.62	124.39	114.24	102.73	82.68	68.07
Operating Income	7.5	0.94	-0.15	-2.09	-15.82	-16.79
Interest Expense	-2.79	-	-	-	-	-1.07
Interest & Investment Income	1.93	5.64	5.02	2.56	0.68	-
Currency Exchange Gain (Loss)	-	-	-	-	-	-0.2
EBT Excluding Unusual Items	6.64	6.58	4.87	0.47	-15.13	-18.06
Merger & Restructuring Charges	-4.6	-	-	-	-	-
Asset Writedown	-	-	-	-	-3.18	-
Pretax Income	2.04	6.58	4.87	0.47	-18.32	-18.06
Income Tax Expense	2.09	2.52	1.76	3.9	3.17	22.3
Net Income	-0.05	4.06	3.11	-3.43	-21.49	-40.36
Net Income to Common	-0.05	4.06	3.11	-3.43	-21.49	-40.36
Net Income Growth	-	30.66%	-	-	-	-
Shares Outstanding (Basic)	39	39	38	37	37	34
Shares Outstanding (Diluted)	39	39	39	37	37	34
Shares Change (YoY)	0.40%	0.28%	4.36%	0.46%	7.78%	6.32%
EPS (Basic)	-0.00	0.11	0.08	-0.09	-0.58	-1.17
EPS (Diluted)	-0.01	0.10	0.08	-0.09	-0.58	-1.17
EPS Growth	-	25.00%	-	-	-	-
Free Cash Flow	-20.64	-8.08	3.28	23.87	0.19	14.82
Free Cash Flow Per Share	-0.53	-0.21	0.08	0.64	0.01	0.43
Gross Margin	71.17%	69.83%	68.80%	67.75%	60.21%	58.24%
Operating Margin	3.63%	0.52%	-0.09%	-1.41%	-14.24%	-19.07%
Profit Margin	-0.03%	2.26%	1.87%	-2.31%	-19.35%	-45.84%
Free Cash Flow Margin	-9.98%	-4.50%	1.98%	16.07%	0.17%	16.83%
EBITDA	13.57	5.46	6.12	4.7	-6.27	-8.62
EBITDA Margin	6.56%	3.04%	3.69%	3.17%	-5.64%	-9.79%
D&A For EBITDA	6.07	4.52	6.27	6.8	9.55	8.17
EBIT	7.5	0.94	-0.15	-2.09	-15.82	-16.79
EBIT Margin	3.63%	0.52%	-0.09%	-1.41%	-14.24%	-19.07%
Effective Tax Rate	102.60%	38.33%	36.23%	829.57%	-	-
Revenue as Reported	206.71	179.47	165.84	148.55	111.06	88.05

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q