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Other financials

Income statement

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Revenue$61.5M+18.9%
Gross profit$42.4M+15.1%
Operating income$5.1M+353%
Net income$4.3M+273%
EPS (diluted)$0.10+233%

Balance sheet

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Cash & equivalents$114.9M+207%
Total debt$71.6M-3.4%
Total equity$372.5M+44.6%
Total assets$519.2M+32.7%

Cash flow

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Operating cash flow$16.4M
CapEx$14.1M+64.5%
Free cash flow-$8.8M-1,745%

Valuation

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Market cap$1.92B+120%
Enterprise value$1.88B+107%
P/E186.4×-830×
P/S+3.5×

Profitability

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Gross margin71.5%+0.1pp
Operating margin8.2%+8.1pp
Net margin4.3%+3.8pp
FCF margin-9.8%

Returns & leverage

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Return on equity3.3%+2.9pp
Debt / equity0.2×-0.1×
Current ratio3.4×+1.1×

Where this comes from

Reported directly by PDF Solutions in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: PDF Solutions’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:28 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001437749-26-026294
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Total revenues61,52951,728121,65999,506
Costs and Expenses:
Costs of revenues19,10714,88636,04527,841
Research and development17,31614,91335,64429,541
Selling, general, and administrative18,98419,74436,47643,116
Amortization of acquired intangible assets1,0581,0682,1171,446
Income (loss) from operations5,0641,11711,377(2,438)
Interest expense(1,106)(1,242)(2,195)(1,553)

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FAQ

What is PDF Solutions's R&D?
PDF Solutions (PDFS) reported R&D of $17.32M in Q2 2026.
How has PDF Solutions's R&D changed year-over-year?
PDF Solutions's R&D increased by 16.1% year-over-year, from $14.91M to $17.32M.
What is the long-term trend for PDF Solutions's R&D?
Over 4 years (2021 to 2025), PDF Solutions's R&D has grown at a 10.1% compound annual growth rate (CAGR), from $43.78M to $64.23M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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