PDFS
$41.18-0.10%
PDF Solutions Inc.Stock · TechnologyRussell 2000 · 0.07% of IWMUS Stock Market · 0.004% of VTIRussell 3000 · 0.003% of IWVNasdaq Composite · 0.0006% of ONEQ
PDFS financial statements
The full income statement, balance sheet, and cash-flow statement for PDF Solutions Inc. (PDFS), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 38.7M2024-09 38.8M2024-12 39.1M2025-03 39.1M2025-06 39.5M2025-09 39.5M2025-12 39.9M2026-03 39.9M2026-06 42.2M+9.0% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 219M+22.0% | 179M+8.2% | 166M+11.6% | 149M+33.8% | 111M+26.1% | |
| 158M+26.4% | 125M+9.8% | 114M+13.4% | 101M | — | ||
| Cost of revenue | 60.6M+12.0% | 54.1M+4.6% | 51.7M+8.0% | 47.9M+8.4% | 44.2M+20.2% | |
| Research & development | 64.2M+19.9% | 53.6M+5.6% | 50.7M-9.6% | 56.1M+28.2% | 43.8M+26.3% | |
| Selling, general & administrative | 84.7M+21.2% | 69.9M+12.4% | 62.2M+37.2% | 45.3M+20.4% | 37.6M+15.2% | |
| Amortization of intangibles | 3.58M+300.0% | 896K-30.3% | 1.28M+1.2% | 1.27M+1.2% | 1.25M-13.2% | |
| Provision for credit losses | 168K | 0.00-100.0% | 20.0K | — | — | |
| Operating income | 5.85M+525.3% | 935K+719.2% | -151K | — | — | |
| Interest expense | 3.96M | 0.00 | 0.00 | — | — | |
| Interest & investment income | 1.50M-73.2% | 5.60M+1.8% | 5.50M+114.7% | 2.56M+275.1% | 683K | |
| Other non-operating income | 1.31M-76.8% | 5.64M+12.4% | 5.02M | — | 683K+153.8% | |
| Gain (loss) on equity securities | — | 0.00 | 0.00 | 0.00 | — | |
| Pre-tax income | 3.20M-51.3% | 6.58M+35.1% | 4.87M+936.0% | 470K+102.6% | -18.3M-1.4% | |
| Income tax | 3.84M+52.3% | 2.52M+43.0% | 1.76M-54.8% | 3.90M+23.0% | 3.17M-85.8% | |
| Net income | -640K-115.8% | 4.06M+30.7% | 3.10M+190.6% | -3.43M+84.0% | -21.5M+46.8% | |
| -$0.02-120.0% | $0.10+25.0% | $0.08+188.9% | -$0.09+84.5% | -$0.58+50.4% | ||
| EPS (basic) | -$0.02-118.2% | $0.11+37.5% | $0.08+188.9% | -$0.09+84.5% | -$0.58+50.4% | |
| Weighted-avg shares (basic) | 39.3M+1.9% | 38.6M+1.5% | 38.0M+1.9% | 37.3M+0.5% | 37.1M+7.8% | |
| Weighted-avg shares (diluted) | 39.3M+0.7% | 39.0M+0.3% | 38.9M+4.4% | 37.3M+0.5% | 37.1M+7.8% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 164M-20.4% | 206M+4.1% | 198M+2.3% | 193M+2.6% | 189M-2.5% | ||
| Cash & equivalents | 42.2M-53.4% | 90.6M-8.5% | 99.0M-17.3% | 120M+332.1% | 27.7M-8.7% | |
| Short-term investments | 0.00-100.0% | 24.3M-33.5% | 36.5M+86.9% | 19.6M-82.6% | 113M-2.1% | |
| Accounts receivable | 82.9M+12.6% | 73.6M+64.0% | 44.9M+6.5% | 42.2M+5.2% | 40.1M+17.4% | |
| Prepaid expenses | 38.7M+122.0% | 17.4M+0.1% | 17.4M+44.4% | 12.1M+47.2% | 8.19M-41.2% | |
| Other current assets | 4.14M+339.1% | 942K | — | — | — | |
| 419M+32.8% | 315M+8.7% | 290M+4.1% | 279M+1.8% | 274M-4.8% | ||
| Property, plant & equipment | 81.6M+68.4% | 48.5M+29.8% | 37.3M-7.1% | 40.2M+13.8% | 35.3M-10.1% | |
| Operating lease right-of-use | 4.78M+18.6% | 4.03M-18.2% | 4.93M-17.9% | 6.00M+11.0% | 5.41M-18.9% | |
| Goodwill | 95.0M+535.4% | 15.0M-0.5% | 15.0M+6.4% | 14.1M+0.0% | 14.1M-10.5% | |
| Intangible assets | 52.2M+324.1% | 12.3M-21.2% | 15.6M-13.5% | 18.1M-15.0% | 21.2M-13.6% | |
| Deferred tax assets | 69.0K+60.5% | 43.0K-72.6% | 157K+145.3% | 64.0K-14.7% | 75.0K-69.9% | |
| Other non-current assets | 21.1M-28.3% | 29.5M+53.6% | 19.2M+180.8% | 6.84M-25.0% | 9.12M+18.6% | |
| 71.9M+18.7% | 60.5M+19.1% | 50.8M-12.6% | 58.2M+32.8% | 43.8M+3.8% | ||
| Accounts payable | 17.1M+106.9% | 8.26M+222.3% | 2.56M-59.9% | 6.39M+15.0% | 5.55M+26.3% | |
| Accrued liabilities | 7.06M-1.3% | 7.16M+54.5% | 4.63M-17.0% | 5.58M+67.7% | 3.33M-47.2% | |
| Deferred revenue | 19.4M-22.3% | 25.0M-2.9% | 25.8M-1.0% | 26.0M+9.8% | 23.7M+19.1% | |
| Short-term & current debt | 2.24M | 0.00 | — | — | — | |
| Current lease liability | 1.98M+18.3% | 1.68M+9.5% | 1.53M+8.3% | 1.41M-19.7% | 1.76M-8.7% | |
| 148M+113.2% | 69.3M+13.2% | 61.2M-10.9% | 68.7M+26.7% | 54.2M+2.1% | ||
| Long-term debt | 64.8M | 0.00 | — | — | — | |
| Deferred revenue (non-current) | 865K-42.8% | 1.51M-16.1% | 1.80M-5.4% | 1.91M-20.6% | 2.40M+100.0% | |
| Non-current lease liability | 3.84M+9.5% | 3.50M-24.8% | 4.66M-21.5% | 5.93M+12.8% | 5.26M-19.3% | |
| Operating lease liability (total) | 5.82M+12.4% | 5.18M-16.3% | 6.19M-15.8% | 7.34M+4.7% | 7.02M-16.9% | |
| Finance lease liability (total) | 0.00 | 0.00 | — | — | — | |
| Other non-current liabilities | 2.91M+27.0% | 2.29M-15.7% | 2.72M+42.7% | 1.91M-22.0% | 2.44M+74.9% | |
| 271M+10.2% | 246M+7.5% | 229M+9.0% | 210M-4.4% | 220M-6.4% | ||
| Preferred stock | 0.00 | 0.00 | — | — | — | |
| Common stock | 6.00K+0.0% | 6.00K+0.0% | 6.00K+0.0% | 6.00K+0.0% | 6.00K+0.0% | |
| Additional paid-in capital | 534M+6.1% | 503M+6.3% | 473M+5.8% | 447M+5.8% | 423M+3.9% | |
| Retained earnings | -94.6M-0.7% | -94.0M+4.1% | -98.0M+3.1% | -101M-3.5% | -97.7M-28.2% | |
| Treasury stock | 166M+4.1% | 159M+10.7% | 144M+7.6% | 134M+27.7% | 105M+8.8% | |
| Accumulated other comprehensive income | -2.05M+41.9% | -3.53M-47.9% | -2.39M+6.4% | -2.55M-139.7% | -1.06M-372.9% | |
| Total liabilities & equity | 419M+32.8% | 315M+8.7% | 290M+4.1% | 279M+1.8% | 274M-4.8% | |
| Common shares issued | 51.7M+2.0% | 50.7M+1.9% | 49.7M+2.3% | 48.6M+2.5% | 47.4M+2.2% | |
| Common shares outstanding | 39.5M+1.9% | 38.8M+1.3% | 38.3M+2.3% | 37.4M+0.1% | 37.4M+1.5% | |
| Shares outstanding (cover) | 39.9M+2.0% | 39.1M+1.4% | 38.6M+2.2% | 37.8M+0.2% | 37.7M+1.5% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 24.1M+147.9% | 9.70M-33.5% | 14.6M-54.8% | 32.3M+661.2% | 4.24M-80.5% | ||
| Depreciation & amortization | 4.08M+12.6% | 3.63M-27.2% | 4.99M-9.8% | 5.53M-11.1% | 6.22M-7.5% | |
| Intangible amortization | 3.58M+300.0% | 896K-30.3% | 1.28M+1.2% | 1.27M+1.2% | 1.25M-13.2% | |
| Share-based compensation | 25.9M+3.5% | 25.0M+16.6% | 21.5M+9.3% | 19.6M+52.0% | 12.9M+3.8% | |
| Deferred income taxes | 882K+1776.6% | 47.0K+144.8% | -105K-2525.0% | -4.00K-100.3% | 1.37M-93.5% | |
| Change in receivables | 6.34M-78.0% | 28.8M+948.0% | 2.75M+28.2% | 2.14M-64.2% | 5.98M+173.8% | |
| Change in payables | 4.88M+74.9% | 2.79M+230.1% | -2.15M-50.7% | -1.42M-1554.7% | -86.0K+90.6% | |
| -137M-2214.0% | -5.94M+79.5% | -29.0M-134.3% | 84.6M+1912.7% | -4.67M+96.9% | ||
| Capital expenditure | 32.6M+90.2% | 17.2M+52.7% | 11.2M+33.6% | 8.41M+129.0% | 3.67M-38.9% | |
| Free cash flow | -8.58M-15.1% | -7.45M-321.5% | 3.36M-85.9% | 23.9M+4083.7% | 571K-96.4% | |
| Acquisitions | 130M | 0.00-100.0% | 1.82M | 0.00-100.0% | 3.05M-89.3% | |
| Proceeds from sale of PP&E | — | 55.0K-47.6% | 105K | — | — | |
| 64.6M+674.8% | -11.2M-90.7% | -5.89M+75.8% | -24.3M-339.9% | -5.53M-108.5% | ||
| Long-term debt issued | 69.5M | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 1.88M | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00-100.0% | |
| Common stock repurchased | 244K-96.5% | 6.90M+828.5% | 743K-96.7% | 22.5M+396.8% | 4.52M | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net change in cash | -48.4M-477.0% | -8.38M+59.4% | -20.6M-122.5% | 91.9M+1599.6% | -6.13M+90.4% | |
| Interest paid | 3.72M | 0.00 | 0.00 | — | — | |
| Income taxes paid | 2.70M+5.4% | 2.56M-32.3% | 3.78M+32.7% | 2.85M+52.2% | 1.87M-30.8% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 1.14B+7.4% | 1.06B-13.9% | 1.23B+15.3% | 1.07B-11.1% | 1.20B+49.4% | |
| P/E | — | 261.1×-42.7% | 455.3× | — | — | |
| P/S | 5.2×-12.0% | 5.9×-20.7% | 7.4×-3.7% | 7.7×-28.4% | 10.8×+18.4% | |
| P/B | 4.2×-2.5% | 4.3×-22.4% | 5.6×+5.8% | 5.2×-3.9% | 5.5×+59.6% | |
| P/FCF | — | — | 46.4×-96.4% | 1286.1×-38.7% | 2099.3×+4028.3% | |
| Earnings yield | — | 0.38%+74.4% | 0.22% | — | — | |
| FCF yield | — | — | 2.2%+2672.9% | 0.08%+63.2% | 0.05%-97.6% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: PDFS’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all PDFS filings on SEC EDGAR → Not investment advice.