Cash flow PDF Solutions, Inc.

Stocks

PDFS

US6932821050

Semiconductor Equipment & Testing

Market Closed - Nasdaq 00:00:00 15/09/2026 +04			5-day change	1st Jan Change
42.81 ^USD	-10.38%		-6.22%	+50.05%

09-10	Pdf Solutions Unveils Exensio Aurora Highly-Scalable Analytics Architecture	CI
09-08	PDF Solutions Shares Rise After Morgan Stanley Initiates at Overweight	MT

0461d8ad2ad5470270.cZ2itEHEWxpB0SaB5OpNUJ1kf87ChFI3WhmmmxYxTcw.FKnD-AqsDFgx5WDroY0GN8dXOoyIzxpnEXb2xF1cf_UX9fX4L6g1a3Lgdw

Published financial data: PDF SOLUTIONS, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Revenues	111M	149M	166M	179M	219M
Total Revenues	111M	149M	166M	179M	219M
Cost of Goods Sold, Total	44.19M	47.91M	51.75M	54.14M	60.62M
Gross Profit	66.87M	101M	114M	125M	158M
Selling General & Admin Expenses, Total	37.65M	45.34M	62.22M	69.92M	80.24M
R&D Expenses	43.78M	56.13M	50.74M	53.57M	64.23M
Amortization of Goodwill and Intangible Assets - (IS)	1.26M	1.27M	1.28M	896K	3.58M
Other Operating Expenses, Total	82.68M	103M	114M	124M	148M
Operating Income	-15.82M	-2.09M	-151K	935K	10.35M
Interest Expense, Total	-	-	-	-	-3.96M
Interest And Investment Income	683K	2.56M	5.02M	5.64M	1.5M
Net Interest Expenses	683K	2.56M	5.02M	5.64M	-2.46M
Currency Exchange Gains (Loss)	-	-	-	-	-1.1M
Other Non Operating Income (Expenses)	-	-	-	-	268K
EBT, Excl. Unusual Items	-15.13M	470K	4.87M	6.58M	7.06M
Restructuring Charges	-	-	-	-	-
Merger & Related Restructuring Charges	-	-	-	-	-4.5M
Asset Writedown	-3.18M	-	-	-	641K
EBT, Incl. Unusual Items	-18.32M	470K	4.87M	6.58M	3.2M
Income Tax Expense	3.17M	3.9M	1.76M	2.52M	3.84M
Earnings From Continuing Operations	-21.49M	-3.43M	3.1M	4.06M	-640K
Net Income to Company	-21.49M	-3.43M	3.1M	4.06M	-640K
Net Income - (IS)	-21.49M	-3.43M	3.1M	4.06M	-640K
Net Income to Common Incl Extra Items	-21.49M	-3.43M	3.1M	4.06M	-640K
Net Income to Common Excl. Extra Items	-21.49M	-3.43M	3.1M	4.06M	-640K
Per Share Items
Net EPS - Basic	-0.58	-0.09	0.08	0.11	-0.02
Basic EPS - Continuing Operations	-0.58	-0.09	0.08	0.11	-0.02
Basic Weighted Average Shares Outstanding	37.14M	37.31M	38.02M	38.6M	39.32M
Net EPS - Diluted	-0.58	-0.09	0.08	0.1	-0.02
Diluted EPS - Continuing Operations	-0.58	-0.09	0.08	0.1	-0.02
Diluted Weighted Average Shares Outstanding	37.14M	37.31M	38.94M	39.05M	39.32M
Normalized Basic EPS	-0.25	0.01	0.08	0.11	0.11
Normalized Diluted EPS	-0.25	0.01	0.08	0.11	0.11
Supplemental Items
EBITDA	-6.26M	6.92M	8.39M	5.46M	18.02M
EBITA	-12.48M	1.39M	3.4M	1.83M	13.93M
EBIT	-15.82M	-2.09M	-151K	935K	10.35M
EBITDAR	-3.58M	9.41M	10.84M	8.08M	20.54M
Total Revenues (As Reported)	111M	149M	166M	179M	219M
Effective Tax Rate - (Ratio)	-17.31	829.57	36.23	38.33	119.99
Current Domestic Taxes	-67K	1.21M	-353K	499K	731K
Current Foreign Taxes	1.83M	2.69M	2.22M	1.98M	2.23M
Total Current Taxes	1.76M	3.9M	1.87M	2.48M	2.96M
Deferred Domestic Taxes	1.32M	13K	3K	9K	961K
Deferred Foreign Taxes	92K	-12K	-109K	38K	-79K
Total Deferred Taxes	1.41M	1K	-106K	47K	882K
Normalized Net Income	-9.46M	294K	3.04M	4.11M	4.41M
Interest on Long-Term Debt	-	-	-	-	3.96M
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	43.78M	58.34M	53M	55.9M	67.9M
Net Rental Expense, Total	2.68M	2.49M	2.46M	2.63M	2.52M
Imputed Operating Lease Interest Expense	-	-	-	-	2.04M
Imputed Operating Lease Depreciation	-	-	-	-	476K
Stock-Based Comp., COGS (Total)	2.56M	2.97M	4.17M	5.09M	5.25M
Stock-Based Comp., R&D Exp. (Total)	5.52M	9.39M	7.71M	8.96M	9.46M
Stock-Based Comp., SG&A Exp. (Total)	4.85M	7.28M	9.6M	11M	11.21M
Total Stock-Based Compensation	12.93M	19.65M	21.48M	25.05M	25.92M

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Assets
Cash And Equivalents	27.68M	120M	98.98M	90.59M	42.22M
Short Term Investments	113M	19.56M	36.54M	24.29M	-
Total Cash And Short Term Investments	140M	139M	136M	115M	42.22M
Accounts Receivable, Total	40.49M	45.46M	51.7M	81.4M	108M
Other Receivables	-	-	-	-	4.14M
Total Receivables	40.49M	45.46M	51.7M	81.4M	113M
Prepaid Expenses	7.19M	7.06M	8.62M	6.77M	6.6M
Restricted Cash	-	-	-	-	-
Other Current Assets, Total	600K	1.7M	2M	2.93M	2.49M
Total Current Assets	189M	193M	198M	206M	164M
Gross Property Plant And Equipment	82.12M	92.37M	91.79M	99.44M	137M
Accumulated Depreciation	-41.42M	-46.2M	-49.52M	-46.95M	-50.86M
Net Property Plant And Equipment	40.7M	46.18M	42.26M	52.49M	86.39M
Goodwill	14.12M	14.12M	15.03M	14.95M	95M
Other Intangibles, Total	21.24M	18.06M	15.62M	12.31M	52.19M
Accounts Receivable Long-Term	1.3M	800K	2M	22.83M	16.31M
Deferred Tax Assets Long-Term	75K	64K	157K	43K	69K
Deferred Charges Long-Term	2.1M	2.1M	2.6M	2.38M	3.4M
Other Long-Term Assets, Total	5.72M	3.94M	14.62M	4.3M	1.45M
Total Assets	274M	279M	290M	315M	419M
Liabilities
Accounts Payable, Total	5.55M	6.39M	2.56M	8.26M	17.08M
Accrued Expenses, Total	12.82M	22.53M	19.43M	25.61M	29.5M
Current Portion of Long-Term Debt	-	-	-	-	2.24M
Current Portion of Leases	1.76M	1.41M	1.53M	1.68M	1.98M
Current Income Taxes Payable	-	-	-	-	297K
Unearned Revenue Current, Total	23.69M	27.87M	27.32M	25M	19.44M
Other Current Liabilities	-	-	-	-	1.36M
Total Current Liabilities	43.83M	58.2M	50.84M	60.54M	71.89M
Long-Term Debt	-	-	-	-	64.76M
Long-Term Leases	5.26M	5.93M	4.66M	3.5M	3.84M
Unearned Revenue Non Current	2.4M	1.9M	1.8M	1.51M	865K
Other Non Current Liabilities	2.7M	2.62M	3.89M	3.69M	6.32M
Total Liabilities	54.18M	68.66M	61.19M	69.25M	148M
Common Stock, Total	6K	6K	6K	6K	6K
Additional Paid In Capital	423M	447M	473M	503M	534M
Retained Earnings	-97.72M	-101M	-98.04M	-93.99M	-94.63M
Treasury Stock	-105M	-134M	-144M	-159M	-166M
Comprehensive Income and Other	-1.06M	-2.55M	-2.39M	-3.53M	-2.05M
Total Common Equity	220M	210M	229M	246M	271M
Total Equity	220M	210M	229M	246M	271M
Total Liabilities And Equity	274M	279M	290M	315M	419M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	37.71M	37.77M	38.58M	39.11M	39.89M
ECS Total Common Shares Outstanding	37.41M	37.43M	38.29M	38.8M	39.54M
Book Value / Share	5.87	5.61	5.98	6.34	6.85
Tangible Book Value	184M	178M	198M	219M	124M
Tangible Book Value Per Share	4.92	4.75	5.18	5.64	3.13
Total Debt	7.02M	7.34M	6.19M	5.18M	72.82M
Net Debt	-133M	-132M	-129M	-110M	30.6M
Debt Equivalent Oper. Leases	21.46M	19.91M	19.66M	21.01M	20.16M
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	42.86M	47.17M	44.95M	41.74M	57.22M
Full Time Employees	407	458	493	539	600
Accumulated Allowance for Doubtful Accounts (Supple)	890K	890K	890K	890K	890K
Order Backlog	-	-	-	-	-

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Net Income	-21.49M	-3.43M	3.1M	4.06M	-640K
Depreciation & Amortization - CF	6.22M	5.53M	4.99M	3.63M	4.08M
Amortization of Goodwill and Intangible Assets - (CF)	3.33M	3.48M	3.55M	896K	3.58M
Depreciation & Amortization, Total	9.55M	9.01M	8.54M	4.52M	7.67M
Amortization of Deferred Charges, Total - (CF)	674K	1.55M	2.14M	5.01M	6.83M
(Gain) Loss From Sale Of Asset	-	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-1.17M	-1.54M	-279K
Asset Writedown & Restructuring Costs	3.18M	-	-	586K	-641K
Stock-Based Compensation (CF)	12.93M	19.65M	21.48M	25.05M	25.92M
Provision and Write-off of Bad Debts	-	-	-	-	-
Other Operating Activities, Total	1.52M	-191K	-306K	2.31M	792K
Change In Accounts Receivable	-5.98M	-2.14M	-2.75M	-28.8M	-6.34M
Change In Accounts Payable	-86K	-1.42M	-2.14M	2.79M	4.88M
Change in Unearned Revenues	3.69M	3.67M	-640K	-2.63M	-6.87M
Change In Income Taxes	-	-	-	-	-
Change in Other Net Operating Assets	246K	5.6M	-13.66M	-1.65M	-7.27M
Cash from Operations	4.24M	32.3M	14.6M	9.7M	24.05M
Capital Expenditure	-4.05M	-8.43M	-11.32M	-17.78M	-32.84M
Sale of Property, Plant, and Equipment	-	-	105K	55K	641K
Cash Acquisitions	-3.05M	-	-1.82M	-	-130M
Sale (Purchase) of Intangible assets	-	-150K	-150K	-	-
Investment in Marketable and Equity Securities, Total	2.44M	93.18M	-15.8M	13.79M	24.56M
Other Investing Activities, Total	-	-	-	-2M	-
Cash from Investing	-4.67M	84.6M	-28.99M	-5.94M	-137M
Long-Term Debt Issued, Total	-	-	-	-	69.55M
Total Debt Issued	-	-	-	-	69.55M
Long-Term Debt Repaid, Total	-	-	-	-	-1.88M
Total Debt Repaid	-	-	-	-	-1.88M
Issuance of Common Stock	2.96M	4.7M	4.32M	4.2M	4.24M
Repurchase of Common Stock	-8.49M	-29M	-10.21M	-15.43M	-6.46M
Other Financing Activities, Total	-	-	-	-	-900K
Cash from Financing	-5.52M	-24.31M	-5.89M	-11.23M	64.56M
Foreign Exchange Rate Adjustments	-182K	-650K	-365K	-918K	371K
Net Change in Cash	-6.13M	91.94M	-20.65M	-8.38M	-48.37M
Supplemental Items
Cash Interest Paid	-	-	-	-	3.72M
Cash Income Tax Paid (Refund)	1.87M	2.85M	3.78M	2.56M	2.7M
Levered Free Cash Flow	10.81M	29.1M	5.02M	-1.84M	-10.2M
Unlevered Free Cash Flow	10.81M	29.1M	5.02M	-1.84M	-7.73M
Change In Net Working Capital	-1.59M	-8.77M	15.57M	19.22M	21.77M
Net Debt Issued / Repaid	-	-	-	-	67.68M

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Profitability
Return on Assets	-3.52	-0.47	-0.03	0.19	1.76
Return on Total Capital	-4.21	-0.59	-0.04	0.24	2.17
Return On Equity %	-9.46	-1.6	1.41	1.71	-0.25
Return on Common Equity	-9.46	-1.6	1.41	1.71	-0.25
Margin Analysis
Gross Profit Margin %	60.21	67.75	68.79	69.83	72.32
SG&A Margin	33.9	30.52	37.52	38.96	36.63
EBITDA Margin %	-5.64	4.66	5.06	3.04	8.23
EBITA Margin %	-11.24	0.94	2.05	1.02	6.36
EBIT Margin %	-14.24	-1.41	-0.09	0.52	4.72
Income From Continuing Operations Margin %	-19.35	-2.31	1.87	2.26	-0.29
Net Income Margin %	-19.35	-2.31	1.87	2.26	-0.29
Net Avail. For Common Margin %	-19.35	-2.31	1.87	2.26	-0.29
Normalized Net Income Margin	-8.52	0.2	1.84	2.29	2.01
Levered Free Cash Flow Margin	9.73	19.59	3.03	-1.02	-4.66
Unlevered Free Cash Flow Margin	9.73	19.59	3.03	-1.02	-3.53
Asset Turnover
Asset Turnover	0.4	0.54	0.58	0.59	0.6
Fixed Assets Turnover	2.56	3.42	3.75	3.79	3.15
Receivables Turnover (Average Receivables)	2.84	3.46	3.41	2.66	2.31
Short Term Liquidity
Current Ratio	4.3	3.32	3.89	3.4	2.28
Quick Ratio	4.12	3.17	3.68	3.24	2.15
Operating Cash Flow to Current Liabilities	0.1	0.55	0.29	0.16	0.33
Days Sales Outstanding (Average Receivables)	128.71	105.59	106.93	137.73	158.19
Average Days Payable Outstanding	41.1	45.49	31.56	36.56	76.26
Long Term Solvency
Total Debt/Equity	3.2	3.5	2.7	2.1	26.87
Total Debt / Total Capital	3.1	3.38	2.63	2.06	21.18
LT Debt/Equity	2.39	2.82	2.03	1.42	25.31
Long-Term Debt / Total Capital	2.32	2.73	1.98	1.39	19.95
Total Liabilities / Total Assets	19.79	24.64	21.09	21.96	35.27
EBIT / Interest Expense	-	-	-	-	2.62
EBITDA / Interest Expense	-	-	-	-	5.19
(EBITDA - Capex) / Interest Expense	-	-	-	-	-3.11
Total Debt / EBITDA	-1.96	0.78	0.57	0.64	3.55
Net Debt / EBITDA	37.18	-14.01	-11.93	-13.57	1.49
Total Debt / (EBITDA - Capex)	-0.92	7.52	-12.83	-0.53	-5.92
Net Debt / (EBITDA - Capex)	17.44	-134.94	268.33	11.31	-2.49
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	26.14	33.76	11.64	8.22	22.04
Gross Profit, 1 Yr. Growth %	30.39	50.51	13.36	9.85	26.4
EBITDA, 1 Yr. Growth %	-10.76	-210.42	21.22	-10.8	183.31
EBITA, 1 Yr. Growth %	-9.18	-111.15	144.25	61.46	410.11
EBIT, 1 Yr. Growth %	4.12	-86.77	-92.78	-719.21	463.87
Earnings From Cont. Operations, 1 Yr. Growth %	-46.76	-84.04	-190.55	30.66	-115.78
Net Income, 1 Yr. Growth %	-46.76	-84.04	-190.55	30.66	-115.78
Normalized Net Income, 1 Yr. Growth %	-8.06	-103.11	935.96	35.12	-12.46
Diluted EPS Before Extra, 1 Yr. Growth %	-50.49	-84.15	-187.04	25	-120
Accounts Receivable, 1 Yr. Growth %	7	12.29	13.73	51.66	33.24
Net Property, Plant and Equip., 1 Yr. Growth %	-11.35	13.45	-8.47	24.2	64.57
Total Assets, 1 Yr. Growth %	-4.8	1.79	4.11	8.67	32.8
Tangible Book Value, 1 Yr. Growth %	-5.12	-3.47	11.51	10.33	-43.4
Common Equity, 1 Yr. Growth %	-6.36	-4.36	9.02	7.46	10.15
Cash From Operations, 1 Yr. Growth %	-80.52	661.21	-54.8	-33.54	147.89
Capital Expenditures, 1 Yr. Growth %	-41.83	107.99	34.34	57.04	84.68
Levered Free Cash Flow, 1 Yr. Growth %	-46.19	169.14	-82.74	-136.56	701.41
Unlevered Free Cash Flow, 1 Yr. Growth %	-47.92	169.14	-82.74	-136.56	507.26
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	13.91	29.89	22.2	9.91	14.92
Gross Profit, 2 Yr. CAGR %	13.28	40.09	30.62	11.59	17.83
EBITDA, 2 Yr. CAGR %	334.4	-10.41	15.7	7.73	71.57
EBITA, 2 Yr. CAGR %	40.09	-69.88	-47.81	49.25	250.5
EBIT, 2 Yr. CAGR %	44.8	-64.7	-90.23	-33.15	727.79
Earnings From Cont. Operations, 2 Yr. CAGR %	99.15	-70.85	-61.99	8.77	-54.6
Net Income, 2 Yr. CAGR %	99.15	-70.85	-61.99	8.77	-54.6
Normalized Net Income, 2 Yr. CAGR %	44.3	-83.87	-43.28	274.14	20.42
Diluted EPS Before Extra, 2 Yr. CAGR %	84.71	-71.99	-62.86	4.31	-50
Accounts Receivable, 2 Yr. CAGR %	-4.35	9.61	13.01	33.81	42.15
Net Property, Plant and Equip., 2 Yr. CAGR %	-8.3	0.28	1.9	6.62	42.97
Total Assets, 2 Yr. CAGR %	6.91	-1.56	2.95	6.37	20.13
Tangible Book Value, 2 Yr. CAGR %	-0.92	-4.3	3.75	10.92	-20.98
Common Equity, 2 Yr. CAGR %	5.8	-5.37	2.11	8.24	8.8
Cash From Operations, 2 Yr. CAGR %	-58.46	21.77	85.5	-45.19	28.35
Capital Expenditures, 2 Yr. CAGR %	-38.02	9.99	67.16	45.25	70.3
Levered Free Cash Flow, 2 Yr. CAGR %	-29.22	23.46	-31.85	-74.88	42.56
Unlevered Free Cash Flow, 2 Yr. CAGR %	-29.22	21.35	-31.85	-74.88	24.09
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	8.98	20.18	23.5	17.35	13.82
Gross Profit, 3 Yr. CAGR %	15.86	24.53	30.54	23.29	16.32
EBITDA, 3 Yr. CAGR %	16.39	175.18	-0.91	-4.49	56.46
EBITA, 3 Yr. CAGR %	11.77	-39.74	-39.49	-47.26	156.86
EBIT, 3 Yr. CAGR %	19.04	-34.79	-79.21	-61.05	70.38
Earnings From Cont. Operations, 3 Yr. CAGR %	40.69	-14.14	-57.47	-42.63	-42.85
Net Income, 3 Yr. CAGR %	40.69	-14.14	-57.47	-42.63	-42.85
Normalized Net Income, 3 Yr. CAGR %	19.43	-59.86	-35.4	-24.25	146.74
Diluted EPS Before Extra, 3 Yr. CAGR %	34.2	-18.54	-59.12	-44.34	-39.85
Accounts Receivable, 3 Yr. CAGR %	-9.3	0.91	10.97	26.21	33.62
Net Property, Plant and Equip., 3 Yr. CAGR %	4.49	-1.56	-2.72	8.85	23.22
Total Assets, 3 Yr. CAGR %	6.62	5.17	0.3	4.82	14.53
Tangible Book Value, 3 Yr. CAGR %	-1.51	-1.77	0.71	5.9	-11.37
Common Equity, 3 Yr. CAGR %	3.2	2.3	-0.8	3.86	8.87
Cash From Operations, 3 Yr. CAGR %	-31.74	9.51	-12.49	31.75	-9.36
Capital Expenditures, 3 Yr. CAGR %	-32.39	-7.21	17.57	63.72	57.36
Levered Free Cash Flow, 3 Yr. CAGR %	126.45	10.48	-35.93	-44.62	-29.48
Unlevered Free Cash Flow, 3 Yr. CAGR %	126.45	10.48	-36.66	-44.62	-35.71
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	0.66	7.84	14.09	15.96	19.99
Gross Profit, 5 Yr. CAGR %	1.07	12.92	21.55	19.18	25.3
EBITDA, 5 Yr. CAGR %	-18.08	5.17	16.11	75.06	15.89
EBITA, 5 Yr. CAGR %	-1.4	18.81	-17.58	-22.05	-1.91
EBIT, 5 Yr. CAGR %	4.06	61.57	-56.21	-34.14	-9.23
Earnings From Cont. Operations, 5 Yr. CAGR %	18.74	20.73	-16.64	-5.62	-56.34
Net Income, 5 Yr. CAGR %	18.74	20.73	-16.64	-5.62	-56.34
Normalized Net Income, 5 Yr. CAGR %	3.16	44.73	-11.33	-1.97	-17.13
Diluted EPS Before Extra, 5 Yr. CAGR %	15.68	17.11	-19.73	-10.07	-55.69
Accounts Receivable, 5 Yr. CAGR %	-3.41	-4.61	-0.96	12.96	23.44
Net Property, Plant and Equip., 5 Yr. CAGR %	16.05	12.71	3.44	1.63	13.48
Total Assets, 5 Yr. CAGR %	4.25	4.45	5.13	5.65	7.8
Tangible Book Value, 5 Yr. CAGR %	-1.07	-1.35	0.56	3.12	-8.6
Common Equity, 5 Yr. CAGR %	2.01	1.15	2.76	4.64	2.94
Cash From Operations, 5 Yr. CAGR %	16.23	25.09	1.82	-16.97	2
Capital Expenditures, 5 Yr. CAGR %	-18.52	-3.84	-2.89	11.01	36.36
Levered Free Cash Flow, 5 Yr. CAGR %	145.9	86.29	40.08	-38.91	-11.78
Unlevered Free Cash Flow, 5 Yr. CAGR %	145.9	111.09	40.08	-38.91	-17.11