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Pdf Solutions Inc. (PDFS) Fundamental Analysis & AI Grade 2026

PDFS Nasdaq Services-Prepackaged Software DE CIK: 0001120914
Updated This Month • Analysis: May 9, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
72% Confidence
N/A
C
72% Conf
Pending
Analysis scheduled

📊 PDFS Key Takeaways

Revenue: $60.1M
Net Margin: 8.0%
Free Cash Flow: $-8.8M
Current Ratio: 2.34x
Debt/Equity: 0.24x
EPS: $0.12
AI Grade: C with 72% confidence
Pdf Solutions Inc. (PDFS) receives a C fundamental grade with 72% confidence from our AI analysis based on SEC 10-K filings. With revenue of $60.1M, net profit margin of 8.0%, and return on equity (ROE) of 1.7%, Pdf Solutions Inc. demonstrates mixed fundamentals in the Technology sector. Below is our complete PDFS stock analysis for 2026.

Is Pdf Solutions Inc. (PDFS) a Good Investment?

Claude

PDF Solutions demonstrates solid revenue growth (22% YoY) and excellent gross margins (71.8%), indicating a viable software business model. However, the company is severely constrained by negative free cash flow (-$8.8M) despite reporting positive net income, revealing critical earnings quality issues and unsustainable capital burn relative to revenue generation.

Pdf Solutions Inc. Key Strengths (PDFS)

Claude
  • + Strong top-line growth at 22% YoY ($60.1M revenue) showing market demand
  • + Excellent gross margins at 71.8% typical of scalable software business
  • + Conservative balance sheet with low leverage (0.24x Debt/Equity) and strong liquidity (2.34x current ratio)

PDFS Stock Risks: Pdf Solutions Inc. Investment Risks

Claude
  • ! Severe cash flow deterioration: negative FCF of -$8.8M despite $4.8M net income indicates major earnings quality problems
  • ! Extremely poor capital efficiency with ROE of 1.7% and ROA of 1.1%, suggesting $430.6M asset base is not productively deployed
  • ! Dramatic EPS collapse (-120% YoY) combined with high capex ($10.5M) and weak operating cash flow ($1.7M) suggests unsustainable capital burn and potential shareholder dilution

Key Metrics to Watch

Claude
  • * Free Cash Flow trend - must turn positive; current -$8.8M burn rate is critical
  • * Return on Assets and Equity - improvement needed from current 1.1% and 1.7% levels
  • * Operating Cash Flow to Net Income ratio - the 35% conversion ratio reveals earnings quality concerns requiring investigation

Pdf Solutions Inc. (PDFS) Financial Metrics & Key Ratios

Revenue
$60.1M
Net Income
$4.8M
EPS (Diluted)
$0.12
Free Cash Flow
$-8.8M
Total Assets
$430.6M
Cash Position
$31.2M

💡 AI Analyst Insight

Strong liquidity with a 2.34x current ratio provides a solid financial cushion.

PDFS Profit Margin, ROE & Profitability Analysis

Gross Margin 71.8%
Operating Margin 10.5%
Net Margin 8.0%
ROE 1.7%
ROA 1.1%
FCF Margin -14.6%

PDFS vs Technology Sector: How Pdf Solutions Inc. Compares

How Pdf Solutions Inc. compares to Technology sector averages

Net Margin
PDFS 8.0%
vs
Sector Avg 18.0%
PDFS Sector
ROE
PDFS 1.7%
vs
Sector Avg 22.0%
PDFS Sector
Current Ratio
PDFS 2.3x
vs
Sector Avg 2.5x
PDFS Sector
Debt/Equity
PDFS 0.2x
vs
Sector Avg 0.5x
PDFS Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Pdf Solutions Inc. Stock Overvalued? PDFS Valuation Analysis 2026

Based on fundamental analysis, Pdf Solutions Inc. has mixed fundamental signals relative to the Technology sector in 2026.

Return on Equity
1.7%
Sector avg: 22%
Net Profit Margin
8.0%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.24x
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Pdf Solutions Inc. Balance Sheet: PDFS Debt, Cash & Liquidity

Current Ratio
2.34x
Quick Ratio
2.34x
Debt/Equity
0.24x
Debt/Assets
34.9%
Interest Coverage
20.30x
Long-term Debt
$66.5M

PDFS Revenue & Earnings Growth: 5-Year Financial Trend

PDFS 5-year financial data: Year 2021: Revenue $111.1M, Net Income -$528.0K, EPS $-0.02. Year 2022: Revenue $148.5M, Net Income -$40.4M, EPS $-1.17. Year 2023: Revenue $165.8M, Net Income -$21.5M, EPS $-0.58. Year 2024: Revenue $179.5M, Net Income -$3.4M, EPS $-0.09. Year 2025: Revenue $219.0M, Net Income $3.1M, EPS $0.08.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Pdf Solutions Inc.'s revenue has grown significantly by 97% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.08 reflects profitable operations.

PDFS Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-14.6%
Free cash flow / Revenue

PDFS Quarterly Earnings & Performance

Quarterly financial performance data for Pdf Solutions Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $47.8M -$3.0M $-0.08
Q3 2025 $46.4M -$592.0K $-0.02
Q2 2025 $41.7M $1.1M $0.03
Q1 2025 $41.3M -$393.0K $-0.01
Q3 2024 $42.4M $2.2M $0.06
Q2 2024 $41.6M $1.3M $0.03
Q1 2024 $40.8M $355.0K $0.01
Q3 2023 $39.9M $1.4M $0.04

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Pdf Solutions Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$1.7M
Cash generated from operations
Stock Buybacks
$244.0K
Shares repurchased (TTM)
Capital Expenditures
$10.5M
Investment in assets
Dividends
None
No dividend program

PDFS SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Pdf Solutions Inc. (CIK: 0001120914)

📋 Recent SEC Filings

Date Form Document Action
May 15, 2026 8-K d121225d8k.htm View →
May 7, 2026 10-Q pdfs20260331_10q.htm View →
May 7, 2026 8-K pdfs20260301_8k.htm View →
Apr 29, 2026 DEF 14A pdfs20260410_def14a.htm View →
Apr 24, 2026 8-K pdfs20260423_8k.htm View →

Frequently Asked Questions about PDFS

What is the AI rating for PDFS?

Pdf Solutions Inc. (PDFS) has an AI grade of C with 72% confidence, based on fundamental analysis of SEC EDGAR filings.

What are PDFS's key strengths?

Claude: Strong top-line growth at 22% YoY ($60.1M revenue) showing market demand. Excellent gross margins at 71.8% typical of scalable software business.

What are the risks of investing in PDFS?

Claude: Severe cash flow deterioration: negative FCF of -$8.8M despite $4.8M net income indicates major earnings quality problems. Extremely poor capital efficiency with ROE of 1.7% and ROA of 1.1%, suggesting $430.6M asset base is not productively deployed.

What is PDFS's revenue and growth?

Pdf Solutions Inc. reported revenue of $60.1M.

Does PDFS pay dividends?

Pdf Solutions Inc. does not currently pay dividends.

Where can I find PDFS SEC filings?

Official SEC filings for Pdf Solutions Inc. (CIK: 0001120914) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is PDFS's EPS?

Pdf Solutions Inc. has a diluted EPS of $0.12.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is PDFS's fundamental grade?

Based on our AI fundamental analysis in May 2026, Pdf Solutions Inc. has a C grade with 72% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is PDFS stock overvalued or undervalued?

Valuation metrics for PDFS: ROE of 1.7% (sector avg: 22%), net margin of 8.0% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.

What is PDFS's AI grade for 2026?

Our dual AI analysis gives Pdf Solutions Inc. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is PDFS's free cash flow?

Pdf Solutions Inc.'s operating cash flow is $1.7M, with capital expenditures of $10.5M. FCF margin is -14.6%.

How does PDFS compare to other Technology stocks?

Vs Technology sector averages: Net margin 8.0% (avg: 18%), ROE 1.7% (avg: 22%), current ratio 2.34 (avg: 2.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 9, 2026 | Data as of: 2026-03-31 | Powered by Claude AI