PDF Solutions, Inc. (PDFS) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 60.13M | 62.4M | 57.12M | 51.73M | 47.78M | 50.09M | 46.41M | 41.66M | 41.31M | 41.13M | 42.35M | 41.6M | 40.76M | 40.52M | 39.86M | 34.67M | 33.5M | 29.89M | 29.55M | 27.42M |
| Revenue Growth % | 25.85% | 24.59% | 23.07% | 24.16% | 15.66% | 21.79% | 9.58% | 0.14% | 1.35% | 1.49% | 6.25% | 20% | 21.68% | 35.59% | 34.87% | 26.44% | 38.42% | 33.61% | 27.88% | 28.07% |
| Cost of Goods Sold | 18M | 15.94M | 15.84M | 14.89M | 12.96M | 15.9M | 12.48M | 12.23M | 13.53M | 13.19M | 14.28M | 12.37M | 11.9M | 11.79M | 12.54M | 12.04M | 11.53M | 11.68M | 11.07M | 10.79M |
| COGS % of Revenue | 29.93% | 25.55% | 27.73% | 28.78% | 27.12% | 31.75% | 26.9% | 29.36% | 32.75% | 32.08% | 33.72% | 29.73% | 29.21% | 29.1% | 31.47% | 34.74% | 34.42% | 39.07% | 37.46% | 39.33% |
| Gross Profit | 42.13M | 46.46M | 41.27M | 36.84M | 34.82M | 34.18M | 33.92M | 29.43M | 27.78M | 27.93M | 28.07M | 29.23M | 28.86M | 28.73M | 27.32M | 22.63M | 21.97M | 18.21M | 18.48M | 16.63M |
| Gross Margin % | 70.07% | 74.45% | 72.27% | 71.22% | 72.89% | 68.25% | 73.1% | 70.64% | 67.25% | 67.92% | 66.28% | 70.27% | 70.79% | 70.9% | 68.53% | 65.26% | 65.58% | 60.93% | 62.54% | 60.67% |
| Gross Profit Growth % | 20.99% | 35.91% | 21.67% | 25.18% | 25.35% | 22.39% | 20.87% | 0.68% | -3.72% | -2.79% | 2.76% | 29.2% | 31.34% | 57.77% | 47.77% | 36.02% | 62.29% | 45.35% | 35.73% | 33.47% |
| Operating Expenses | 35.82M | 43M | 36.45M | 35.73M | 38.38M | 34.07M | 31.81M | 29.17M | 29.74M | 29.09M | 29.3M | 27.58M | 29.25M | 27.64M | 26.86M | 23.7M | 25.24M | 20.94M | 20.72M | 20.47M |
| OpEx % of Revenue | 59.57% | 68.91% | 63.82% | 69.06% | 80.33% | 68.03% | 68.53% | 70.01% | 71.99% | 70.73% | 69.18% | 66.3% | 71.76% | 68.21% | 67.39% | 68.35% | 75.35% | 70.06% | 70.11% | 74.67% |
| Selling, General & Admin | 17.49M | 21.68M | 19.94M | 0 | 23.37M | 0 | 0 | 0 | 16.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10.84M | 0 | 0 | 0 |
| SG&A % of Revenue | 29.09% | 34.74% | 34.92% | - | 48.92% | - | - | - | 39.94% | - | - | - | - | - | - | - | 32.36% | - | - | - |
| Research & Development | 18.33M | 19.26M | 16.43M | 15.91M | 14.63M | 15M | 14.1M | 13.23M | 12.98M | 12.89M | 13.69M | 12.82M | 13.6M | 14.91M | 14.86M | 13.93M | 14.09M | 11.77M | 11.11M | 11.06M |
| R&D % of Revenue | 30.48% | 30.86% | 28.77% | 30.76% | 30.62% | 29.95% | 30.38% | 31.76% | 31.43% | 31.35% | 32.32% | 30.81% | 33.38% | 36.81% | 37.27% | 40.17% | 42.06% | 39.39% | 37.6% | 40.35% |
| Other Operating Expenses | 0 | 1000K | 71K | 1000K | 378K | 1000K | 1000K | 1000K | 259K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 314K | 1000K | 1000K | 1000K |
| Operating Income | 6.31M | 3.46M | 4.83M | 1.12M | -3.56M | 111K | 2.12M | 264K | -1.96M | -1.16M | -1.23M | 1.65M | -394K | 1.09M | 454K | -1.07M | -3.27M | -2.73M | -2.24M | -3.84M |
| Operating Margin % | 10.5% | 5.54% | 8.45% | 2.16% | -7.44% | 0.22% | 4.57% | 0.63% | -4.74% | -2.81% | -2.9% | 3.96% | -0.97% | 2.7% | 1.14% | -3.09% | -9.77% | -9.13% | -7.57% | -14% |
| Operating Income Growth % | 277.58% | 3015.32% | 127.8% | 323.11% | -81.38% | 109.59% | 272.28% | -83.99% | -397.46% | -205.86% | -370.93% | 253.97% | 87.96% | 140.07% | 120.3% | 72.11% | 51.64% | 39.08% | 28.51% | -26.82% |
| EBITDA | 9.93M | 6.97M | 7.04M | 2.99M | -1.81M | 1.03M | 3.08M | 1.59M | -53K | 357K | 332K | 3.21M | 1.24M | 4.98M | 2.17M | 636K | -1.03M | 1.08M | -461K | -1.9M |
| EBITDA Margin % | 16.51% | 11.17% | 12.33% | 5.78% | -3.8% | 2.05% | 6.64% | 3.81% | -0.13% | 0.87% | 0.78% | 7.73% | 3.03% | 12.3% | 5.45% | 1.83% | -3.06% | 3.6% | -1.56% | -6.93% |
| EBITDA Growth % | 647.35% | 579.53% | 128.63% | 88.22% | -3322.64% | 187.39% | 828.01% | -50.61% | -104.29% | -92.84% | -84.71% | 405.5% | 220.37% | 363.2% | 571.15% | 133.47% | 78.34% | 147.01% | 60.16% | -89.62% |
| D&A (Non-Cash Add-back) | 3.62M | 3.51M | 2.22M | 1.87M | 1.74M | 915K | 962K | 1.32M | 1.91M | 1.51M | 1.56M | 1.57M | 1.63M | 3.89M | 1.72M | 1.71M | 2.25M | 3.8M | 1.78M | 1.94M |
| EBIT | 6.31M | 3.8M | 4.72M | 1.32M | -2.69M | 512K | 2.12M | 264K | -268K | -877K | -984K | 1.88M | -166K | 1.32M | 689K | -832K | -3.27M | -2.49M | -2.1M | -4.15M |
| Net Interest Income | 1.09M | -819K | -1.24M | -1.24M | -311K | 0 | 1.51M | 1.48M | 1.69M | 1.02M | 2.02M | 1.07M | 911K | 0 | 1.51M | 0 | 0 | 292K | 0 | -243K |
| Interest Income | 0 | 345K | 0 | 0 | 0 | 0 | 0 | 1.48M | 1.69M | 1.02M | 2.02M | 1.07M | 911K | 0 | 1.51M | - | - | 292K | - | 0 |
| Interest Expense | -1.09M | 1.16M | 1.24M | 1.24M | 311K | 0 | -1.51M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | 0 | - | 243K |
| Other Income/Expense | -497K | -819K | -1.34M | -1.05M | 559K | 1.36M | 1.51M | 1.48M | 1.69M | 1.3M | 2.26M | 1.3M | 1.14M | -19K | 1.75M | 1.23M | 310K | -2.65M | 336K | -556K |
| Pretax Income | 5.82M | 2.64M | 3.49M | 71K | -3M | 1.47M | 3.63M | 1.74M | -268K | 143K | 1.03M | 2.95M | 745K | 1.07M | 2.2M | 159K | -2.96M | -5.38M | -1.9M | -4.4M |
| Pretax Margin % | 9.67% | 4.23% | 6.11% | 0.14% | -6.27% | 2.94% | 7.82% | 4.18% | -0.65% | 0.35% | 2.44% | 7.08% | 1.83% | 2.65% | 5.52% | 0.46% | -8.85% | -18% | -6.43% | -16.03% |
| Income Tax | 1.02M | 2.69M | 2.19M | -1.07M | 36K | 935K | 1.42M | 38K | 125K | -744K | 6.01M | -3.89M | 390K | 591K | 815K | 1.31M | 1.19M | 1.62M | 506K | 88K |
| Effective Tax Rate % | 17.62% | 101.82% | 62.89% | -1514.08% | -1.2% | 63.43% | 39.23% | 2.18% | -46.64% | -520.28% | 580.85% | -131.93% | 52.35% | 55.03% | 37.05% | 821.38% | -40.06% | -30.16% | -26.62% | -2% |
| Net Income | 4.79M | -48K | 1.29M | 1.15M | -3.03M | 539K | 2.21M | 1.71M | -393K | 887K | -4.97M | 6.83M | 355K | 483K | 1.39M | -1.15M | -4.15M | -7M | -2.41M | -4.48M |
| Net Margin % | 7.97% | -0.08% | 2.27% | 2.22% | -6.35% | 1.08% | 4.75% | 4.09% | -0.95% | 2.16% | -11.74% | 16.43% | 0.87% | 1.19% | 3.47% | -3.31% | -12.39% | -23.42% | -8.14% | -16.35% |
| Net Income Growth % | 258.01% | -108.91% | -41.34% | -32.79% | -671.5% | -39.23% | 144.37% | -75.05% | -210.7% | 83.64% | -458.99% | 695.9% | 108.55% | 106.9% | 157.54% | 74.42% | 45.37% | 79.07% | 11.96% | -22.78% |
| Net Income (Continuing) | 4.79M | -48K | 1.29M | 1.15M | -3.03M | 539K | 2.21M | 1.71M | -393K | 887K | -4.97M | 6.83M | 355K | 483K | 1.39M | -1.15M | -4.15M | -7M | -2.41M | -4.48M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.12 | -0.00 | 0.03 | 0.03 | -0.08 | 0.01 | 0.13 | 0.04 | -0.01 | 0.02 | -0.13 | 0.17 | 0.01 | 0.01 | 0.04 | -0.03 | -0.11 | -0.19 | -0.06 | -0.12 |
| EPS Growth % | 254.64% | -108.7% | -74.85% | -33.03% | -660.78% | -39.47% | 200% | -74.35% | - | 80.95% | -457.14% | 648.39% | 108.27% | 106.63% | 156.26% | 74.17% | 47.62% | 79.12% | 16.08% | -9.09% |
| EPS (Basic) | 0.12 | -0.00 | 0.03 | 0.03 | -0.08 | 0.01 | 0.13 | 0.04 | -0.01 | 0.02 | -0.13 | 0.18 | 0.01 | 0.01 | 0.04 | -0.03 | -0.11 | -0.19 | -0.06 | -0.12 |
| Diluted Shares Outstanding | 40.38M | 39.52M | 39.62M | 39.26M | 39.09M | 39.1M | 39.1M | 39.13M | 38.5M | 38.81M | 38.19M | 39.08M | 38.86M | 38.28M | 38.05M | 37.03M | 37.61M | 37.35M | 37.22M | 37M |
| Basic Shares Outstanding | 39.86M | 39.52M | 39.5M | 39.15M | 39.09M | 38.78M | 38.71M | 38.62M | 38.5M | 38.27M | 38.19M | 37.86M | 37.74M | 37.38M | 37.23M | 37.03M | 37.61M | 36.91M | 37.22M | 37M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |