PDF Solutions, Inc. (PDFS)

NASDAQ: PDFS · Real-Time Price · USD

49.45

+3.55 (7.73%)

At close: Aug 7, 2026, 4:00 PM EDT

50.34

+0.89 (1.80%)

After-hours: Aug 7, 2026, 5:44 PM EDT

PDF Solutions Financials Overview

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	241.18	219.02	179.47	165.84	148.55	111.06
Revenue Growth	23.05%	22.04%	8.22%	11.64%	33.76%	26.14%
Gross Profit	172.35	158.4	125.32	114.09	100.64	66.87
Operating Income	19.66	5.85	0.94	-0.15	-2.09	-19
Net Income	10.31	-0.64	4.06	3.11	-3.43	-21.49
Earnings Per Share	0.25	-0.02	0.10	0.08	-0.09	-0.58
EPS Growth	1150.00%	-	25.00%	-	-	-

Revenue by Geography

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
United States	104.76	74.34	92.8	73.63	50.37
Japan	39.29	37.43	10.47	13.92	11.1
China	33.94	22.1	26.49	24.49	14.27
Rest of The World	41.03	45.6	36.08	28.52	35.32
Total	219.02	179.47	165.84	148.55	111.06

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	114.88	42.22	114.89	135.52	139.18	140.23
Total Debt	71.56	72.82	5.18	6.19	7.34	7.02
Net Cash (Debt)	43.33	-30.6	109.71	129.34	131.84	133.21
Net Cash Growth	-	-	-15.18%	-1.90%	-1.03%	-2.66%
Net Cash Per Share	1.07	-0.78	2.81	3.32	3.53	3.59

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	38.7	24.05	9.7	14.6	32.3	4.24
Capital Expenditures	-40.7	-32.85	-17.79	-11.33	-8.43	-4.05
Free Cash Flow	-2	-8.79	-8.08	3.28	23.87	0.19
Free Cash Flow Growth	-	-	-	-86.28%	12462.10%	-98.72%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	71.46%	72.32%	69.83%	68.79%	67.75%	60.21%
Operating Margin	8.15%	2.67%	0.52%	-0.09%	-1.41%	-17.11%
Pretax Margin	6.87%	1.46%	3.67%	2.94%	0.32%	-16.49%
Profit Margin	4.27%	-0.29%	2.26%	1.87%	-2.31%	-19.35%
FCF Margin	-0.83%	-4.01%	-4.50%	1.97%	16.07%	0.17%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 7, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	195.23	-	270.80	401.75	-	-
Forward PE	34.73	29.69	30.09	40.68	50.48	142.88
P/FCF Ratio	-	-	-	375.76	44.73	6259.45
PS Ratio	8.67	5.15	5.85	7.42	7.19	10.71