PDF Solutions Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	231.38	219.02	179.47	165.84	148.55	111.06
Revenue Growth (YoY)	24.44%	22.04%	8.22%	11.64%	33.76%	26.14%
Cost of Revenue	64.61	60.62	54.14	51.75	47.91	44.19
Gross Profit	166.77	158.4	125.32	114.09	100.64	66.87
Selling, General & Admin	78.86	84.74	69.92	62.22	45.34	37.65
Depreciation & Amortization Expenses	4.27	3.58	0.9	1.29	1.27	1.26
Research & Development	67.93	64.23	53.57	50.74	56.13	43.78
Other Operating Expenses	-	-	-	-	-	3.18
Total Operating Expenses	151.06	152.55	124.39	114.24	102.73	85.87
Operating Income	15.72	5.85	0.94	-0.15	-2.09	-19
Pretax Income	12.01	3.2	6.58	4.87	0.47	-18.32
Provision for Income Taxes	-4.83	-3.84	-2.52	-1.76	-3.9	-3.17
Net Income	7.18	-0.64	4.06	3.11	-3.43	-21.49
Net Income to Common	7.18	-0.64	4.06	3.11	-3.43	-21.49
Net Income Growth	406.56%	-	30.66%	-	-	-
Shares Outstanding (Basic)	40	39	39	38	37	37
Shares Outstanding (Diluted)	40	39	39	39	37	37
Shares Change (YoY)	1.50%	0.69%	0.28%	4.36%	0.46%	7.78%
EPS (Basic)	0.18	-0.02	0.11	0.08	-0.09	-0.58
EPS (Diluted)	0.18	-0.02	0.10	0.08	-0.09	-0.58
EPS Growth	500.00%	-	25.00%	-	-	-
Shares Outstanding	39.91	39.54	38.8	38.29	37.43	37.41
Free Cash Flow	-18.06	-8.79	-8.08	3.28	23.87	0.19
Free Cash Flow Growth	-	-	-	-86.28%	12462.10%	-98.72%
Free Cash Flow Per Share	-0.45	-0.22	-0.21	0.08	0.64	0.01
Gross Margin	72.08%	72.32%	69.83%	68.79%	67.75%	60.21%
Operating Margin	6.79%	2.67%	0.52%	-0.09%	-1.41%	-17.11%
Profit Margin	3.10%	-0.29%	2.26%	1.87%	-2.31%	-19.35%
FCF Margin	-7.80%	-4.01%	-4.50%	1.97%	16.07%	0.17%
EBITDA	28.93	17.19	7.79	8.39	6.92	-9.45
EBITDA Margin	12.50%	7.85%	4.34%	5.06%	4.66%	-8.51%
EBIT	15.72	5.85	0.94	-0.15	-2.09	-19
EBIT Margin	6.79%	2.67%	0.52%	-0.09%	-1.41%	-17.11%
Effective Tax Rate	-40.21%	-119.99%	-38.33%	-36.23%	-829.57%	17.31%

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q