PDF Solutions® Reports Third Quarter 2025 Financial Results, Announcing Record Third Quarter 2025 Total Revenues
PDF Solutions (Nasdaq: PDFS) reported record Q3 2025 total revenues of $57.1 million, up 23% year‑over‑year and up from $51.7 million in Q2 2025. GAAP gross margin was 72% and non‑GAAP gross margin 76%. GAAP diluted EPS was $0.03 and non‑GAAP diluted EPS was $0.25. Ending backlog was $292.0 million. Management reaffirmed its 21–23% annual revenue growth guidance and cited AI‑driven customer activity as a driver of bookings. The company held a conference call on Nov 6, 2025 at 2:00 PM PT.
PDF Solutions (Nasdaq: PDFS) ha riportato ricavi totali record nel terzo trimestre 2025 di 57,1 milioni di dollari, in aumento del 23% su base annua rispetto ai 51,7 milioni di dollari nel secondo trimestre 2025. Il margine lordo GAAP è stato del 72% e il margine lordo non-GAAP del 76%. L’EPS diluito GAAP è stato di $0.03 e l’EPS diluito non-GAAP di $0.25. L’indice di backlog al termine era di $292.0 milioni. La direzione ha confermato la guidance per una crescita annua dei ricavi 21–23% e ha citato l’attività dei clienti guidata dall’IA come motore degli ordini. L’azienda ha tenuto una conference call il 6 novembre 2025 alle 14:00 PT.
PDF Solutions (Nasdaq: PDFS) reportó ingresos totales récord del tercer trimestre de 2025 de 57,1 millones de dólares, un aumento del 23% interanual y por encima de los 51,7 millones de dólares en el segundo trimestre de 2025. El margen bruto GAAP fue del 72% y el margen bruto no-GAAP del 76%. Las ganancias diluidas GAAP fueron de $0.03 y las diluidas no-GAAP de $0.25. La cartera de pedidos al cierre fue de $292.0 millones. La dirección reafirmó su guía de crecimiento anual de ingresos del 21–23% y citó la actividad de clientes impulsada por IA como motor de las reservas. La empresa llevó a cabo una llamada de conferencia el 6 de noviembre de 2025 a las 2:00 PM PT.
PDF Solutions (나스닥: PDFS)는 2025년 3분기 사상 최대 매출 5710만 달러를 보고했으며 전년 대비 23% 증가했고 2025년 2분기의 5170만 달러에서 상승했습니다. GAAP 총이익률은 72%였고 비-GAAP 총이익률은 76%였습니다. GAAP 희석 주당순이익은 $0.03, 비-GAAP 희석 주당순이익은 $0.25였습니다. 종료 시점의 주문잔고는 $292.0백만였으며, 경영진은 연간 매출 성장 가이드를 21–23%로 재확인했고 AI 기반 고객 활동이 주문 증가의 원동력이라고 언급했습니다. 회사는 2025년 11월 6일 오후 2시 PT에 컨퍼런스 콜을 개최했습니다.
PDF Solutions (Nasdaq : PDFS) a enregistré un chiffre d’affaires total record au T3 2025 de 57,1 millions de dollars, en hausse de 23% en glissement annuel et supérieur aux 51,7 millions de dollars du T2 2025. La marge brute GAAP était de 72% et la marge brute non-GAAP de 76%. L’EPS dilué GAAP était de $0,03 et l’EPS dilué non-GAAP de $0,25. Le carnet de commandes de fin de période s’élevait à $292,0 millions. La direction a réaffirmé sa prévision de croissance annuelle des revenus de 21–23% et a cité l’activité client alimentée par l’IA comme moteur des commandes. La société a tenu une conférence téléphonique le 6 novembre 2025 à 14h00 PT.
PDF Solutions (Nasdaq: PDFS) meldete rekordhohe Umsätze im Q3 2025 von 57,1 Mio. USD, ein Zuwachs von 23 % gegenüber dem Vorjahr und höher als 51,7 Mio. USD im Q2 2025. Die GAAP-Bruttomarge betrug 72% und die non-GAAP Bruttomarge 76%. GAAP verdünnte EPS betrug $0,03, non-GAAP verdünnte EPS betrug $0,25. Der Endbestand an Aufträgen lag bei $292,0 Mio.. Die Geschäftsleitung bekräftigte ihre Prognose eines jährlichen Umsatzwachstums von 21–23% und verwies darauf, dass IA-gesteigerte Kundenaktivität als Treiber der Bestellungen dient. Das Unternehmen hielt am 6. November 2025 um 14:00 PT eine Telefonkonferenz ab.
حلول PDF (ناسداك: PDFS) أبلغت عن إيرادات إجمالية قياسية في الربع الثالث من 2025 بلغت 57.1 مليون دولار، بارتفاع 26% على أساس سنوي وبزيادة عن 51.7 مليون دولار في الربع الثاني من 2025. هامش الربح الإجمالي وفق المعايير المحاسبية المقبولة GAAP كان ≤72% وهامش الربح الإجمالي غير GAAP كان ≤76%. الربح للسهم المخفف وفق GAAP كان $0.03 وللسهم المخفف وفق GAAP غير GAAP كان $0.25. إجمالي الطلبات الختامية كان $292.0 مليون. أكدت الإدارة مجدداً توقع نمو الإيرادات السنوي بين 21–23% وأشارت إلى أن النشاط الذي تقوده الذكاء الاصطناعي لدى العملاء يعمل كمحرك للحجوزات. عقدت الشركة مكالمة مؤتمر في 6 نوفمبر 2025 الساعة 2:00 مساءً بتوقيت المحيط الهادئ.
- Record revenue $57.1M, +23% year-over-year
- Ending backlog $292.0M
- Non-GAAP diluted EPS $0.25 in Q3 2025
- Non-GAAP operating margin 23% in Q3 2025
- Reaffirmed annual revenue growth guidance 21–23%
- GAAP net income $1.3M, down from $2.2M year‑ago (~41%)
- GAAP diluted EPS only $0.03 in Q3 2025
- GAAP operating margin modest at 8% in Q3 2025
Insights
Record Q3 revenue and improving non‑GAAP margins support reaffirmed 21-23% annual growth guidance.
PDF Solutions reported
Key dependencies and risks are straightforward: continued new bookings and execution against the PDF Platform are required to sustain the reaffirmed
SANTA CLARA, Calif., Nov. 06, 2025 (GLOBE NEWSWIRE) -- PDF Solutions, Inc. (Nasdaq: PDFS), a leading provider of comprehensive data solutions for the semiconductor and electronics ecosystem, today announced financial results for its third quarter ended September 30, 2025.
Financial Highlights of Third Quarter 2025
| ● | Record quarterly total revenues of | |
| ● | GAAP gross margin of | |
| ● | GAAP operating margin of | |
| ● | GAAP diluted earnings per share (EPS) of | |
| ● | Ending backlog of |
Total revenues for the third quarter of 2025 were
GAAP gross margin for the third quarter of 2025 was
Non-GAAP gross margin for the third quarter of 2025 was
GAAP operating margin for the third quarter of 2025 was
Non-GAAP operating margin for the third quarter of 2025 was
GAAP net income for the third quarter of 2025 was
Non-GAAP net income for the third quarter of 2025 was
Financial Outlook
“The third quarter of 2025 drove strong customer activity and platform development, propelled by AI-driven digitization. We ended the quarter with solid backlog due primarily to new bookings. The PDF Platform, spanning analytics, AI/Model Ops, enterprise connectivity, and leading edge solutions including the eProbe, empowers customers to ramp and control advanced manufacturing. With a strong portfolio and momentum, we reaffirm our 21
PDF Solutions® Reports Third Quarter 2025 Financial Results, Announcing Record Third Quarter 2025 Total Revenue
Conference Call
As previously announced, PDF Solutions will discuss these results on a live conference call beginning at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time today. To participate on the live call, please dial (888) 596-4144 within the United States and Canada, or (646) 968-2525 outside of the United States and Canada. You will need to reference Conference ID Number 9440894. We encourage participants to dial into the call ten minutes ahead of the scheduled time. The teleconference will also be webcast simultaneously on the Company’s website at https://ir.pdf.com/webcasts. A replay of the conference call webcast will be available after the call on the Company’s investor relations website. A copy of this press release, including the disclosure and reconciliation of certain non-GAAP financial measures to the comparable GAAP measures, which non-GAAP measures may be used periodically by PDF Solutions’ management when discussing financial results with investors and analysts, will also be available on PDF Solutions’ website at http://www.pdf.com/press-releases on and following the date of this release.
Third Quarter 2025 Financial Commentary Available Online
A Management Report reviewing the Company’s third quarter 2025 financial results will be furnished to the Securities and Exchange Commission on Form 8-K and published on the Company’s website at http://ir.pdf.com/financial-reports. Analysts and investors are encouraged to review this commentary prior to participating in the conference call.
Information Regarding Use of Non-GAAP Financial Measures
In addition to providing results that are determined in accordance with accounting principles generally accepted in the United States of America (“GAAP”), PDF Solutions also provides certain non-GAAP financial measures. Non-GAAP gross profit and margin exclude stock-based compensation expense and the amortization of acquired technology under costs of revenues. Non-GAAP net income excludes stock-based compensation expense, amortization of acquired technology under costs of revenues, amortization of other acquired intangible assets, amortization of debt issuance costs and the effects of certain non-recurring items, such as expenses for certain legal proceedings, acquisition-related and integration costs, recovery from previously written-off property and equipment, and their related income tax effects, as applicable, as well as adjustments for the valuation allowance for deferred tax assets and reconciling items. These non-GAAP financial measures are used by management internally to measure the Company’s profitability and performance. PDF Solutions’ management believes that these non-GAAP measures provide useful supplemental information to investors regarding the Company’s ongoing operations in light of the fact that none of these categories of expense and income has a current effect on the future uses of cash (with the exception of expenses related to certain legal proceedings and acquisition-related and integration costs) nor do they impact the generation of current or future revenues. These non-GAAP results should not be considered an alternative to, or a substitute for, GAAP financial information, and may differ from similarly titled non-GAAP measures used by other companies. In particular, these non-GAAP financial measures are not a substitute for GAAP measures of income or loss as a measure of performance, or to cash flows from operating, investing and financing activities as a measure of liquidity. Since management uses these non-GAAP financial measures internally to measure profitability and performance, PDF Solutions has included these non-GAAP measures to give investors an opportunity to see the Company’s financial results as viewed by management. A reconciliation of the comparable GAAP financial measures to the non-GAAP financial measures is provided at the end of the Company’s unaudited condensed consolidated financial statements presented below.
PDF Solutions® Reports Third Quarter 2025 Financial Results, Announcing Record Third Quarter 2025 Total Revenue
About PDF Solutions
PDF Solutions (Nasdaq: PDFS) provides comprehensive data solutions designed to empower organizations across the semiconductor and electronics industry ecosystems to improve the yield and quality of their products and operational efficiency for increased profitability. The Company’s products and services are used by Fortune 500 companies across the semiconductor ecosystem to achieve smart manufacturing goals by connecting and controlling equipment, collecting data generated during manufacturing and test operations, and performing advanced analytics and machine learning to enable profitable, high-volume manufacturing.
Founded in 1991, PDF Solutions is headquartered in Santa Clara, California, with operations across North America, Europe, and Asia. The Company (directly or through one or more subsidiaries) is an active member of SEMI, INEMI, TPCA, IPC, the OPC Foundation, and DMDII. For the latest news and information about PDF Solutions or to find office locations, visit https://www.pdf.com/.
PDF Solutions and the PDF Solutions logo are trademarks or registered trademarks of PDF Solutions, Inc. or its subsidiaries.
Forward-Looking Statements
This press release and the planned conference call include forward-looking statements regarding the Company’s future expected business performance and financial results, including expectations about total revenue growth for 2025, portfolio strength and momentum and other statements identified by words such as “could,” “expects,” “intends,” “may,” “plans,” “potential,” “should,” “will,” “would,” or similar expressions and the negatives of those terms, that are subject to future events and circumstances. Other than statements of historical fact, all statements contained in this press release and the planned conference call are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from those expressed in these forward-looking statements. Risks and uncertainties that could cause results to differ materially include risks associated with: the effectiveness of the Company’s business and technology strategies; current semiconductor industry trends and competition; rates of adoption of the Company’s solutions by new and existing customers; project milestones or delays and performance criteria achieved; cost and schedule of new product development and investments in research and development; the continuing impact of macroeconomic conditions, including inflation, changing interest rates and tariffs, the evolving trade regulatory environment and geopolitical tensions, government shutdowns, and other trends impacting the semiconductor industry, the Company’s customers, operations, and supply and demand for its products; supply chain disruptions; changes in laws and regulations, including recent tax and data privacy laws and regulations, or the interpretation or enforcement thereof; the success of the Company’s strategic growth opportunities and partnerships; recent and future acquisitions, strategic alliances and relationships and the Company’s ability to successfully integrate acquired businesses and technologies; whether the Company can successfully convert backlog into revenue; customers’ production volumes under contracts that provide Gainshare; the sufficiency of the Company’s cash resources and anticipated funds from operations; the Company’s ability to obtain additional financing if needed and its ability to use support and updates for certain open-source software; and other risks and uncertainties discussed in PDF Solutions’ periodic public filings with the Securities and Exchange Commission, including, without limitation, its Annual Report on Form 10-K for the year ended December 31, 2024, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K and any amendments to such reports. All forward-looking statements made in this press release and the conference call are made as of the date hereof, and PDF Solutions does not assume any obligation to update such statements nor the reasons why actual results could differ materially from those projected in such statements.
PDF Solutions® Reports Third Quarter 2025 Financial Results, Announcing Record Third Quarter 2025 Total Revenue
PDF SOLUTIONS, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)
(In thousands)
| September 30, | December 31, | |||||||
| 2025 | 2024 | |||||||
| ASSETS | ||||||||
| Current assets: | ||||||||
| Cash and cash equivalents | $ | 35,880 | $ | 90,594 | ||||
| Short-term investments | — | 24,291 | ||||||
| Accounts receivable, net | 74,949 | 73,649 | ||||||
| Prepaid expenses and other current assets | 35,292 | 17,445 | ||||||
| Total current assets | 146,121 | 205,979 | ||||||
| Property and equipment, net | 71,921 | 48,465 | ||||||
| Operating lease right-of-use assets, net | 5,160 | 4,029 | ||||||
| Goodwill | 96,780 | 14,953 | ||||||
| Intangible assets, net | 54,246 | 12,307 | ||||||
| Deferred tax assets, net | 203 | 43 | ||||||
| Other non-current assets | 31,968 | 29,513 | ||||||
| Total assets | $ | 406,399 | $ | 315,289 | ||||
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||||||||
| Current liabilities: | ||||||||
| Accounts payable | $ | 14,653 | $ | 8,255 | ||||
| Accrued compensation and related benefits | 17,311 | 16,855 | ||||||
| Accrued and other current liabilities | 8,661 | 8,752 | ||||||
| Operating lease liabilities ‒ current portion | 1,970 | 1,675 | ||||||
| Deferred revenues ‒ current portion | 21,247 | 25,005 | ||||||
| Current portion of long-term debt, net | 2,238 | — | ||||||
| Total current liabilities | 66,080 | 60,542 | ||||||
| Long-term income taxes | 3,301 | 2,915 | ||||||
| Non-current operating lease liabilities | 4,256 | 3,504 | ||||||
| Long-term debt, net | 65,320 | — | ||||||
| Other non-current liabilities | 3,060 | 2,291 | ||||||
| Total liabilities | 142,017 | 69,252 | ||||||
| Stockholders’ equity: | ||||||||
| Common stock and additional paid-in capital | 526,532 | 502,908 | ||||||
| Treasury stock, at cost | (165,542 | ) | (159,352 | ) | ||||
| Accumulated deficit | (94,580 | ) | (93,988 | ) | ||||
| Accumulated other comprehensive loss | (2,028 | ) | (3,531 | ) | ||||
| Total stockholders’ equity | 264,382 | 246,037 | ||||||
| Total liabilities and stockholders’ equity | $ | 406,399 | $ | 315,289 | ||||
PDF Solutions® Reports Third Quarter 2025 Financial Results, Announcing Record Third Quarter 2025 Total Revenue
PDF SOLUTIONS, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
(In thousands, except per share amounts)
| Three months ended | Nine months ended | |||||||||||||||||||
| September 30, | June 30, | September 30, | September 30, | September 30, | ||||||||||||||||
| 2025 (1) | 2025 (1) | 2024 | 2025 (1) | 2024 | ||||||||||||||||
| Revenues: | ||||||||||||||||||||
| Analytics | $ | 54,662 | $ | 48,822 | $ | 44,750 | $ | 145,955 | $ | 121,327 | ||||||||||
| Integrated yield ramp | 2,453 | 2,906 | 1,659 | 10,666 | 8,053 | |||||||||||||||
| Total revenues | 57,115 | 51,728 | 46,409 | 156,621 | 129,380 | |||||||||||||||
| Costs and Expenses: | ||||||||||||||||||||
| Costs of revenues | 15,840 | 14,886 | 12,484 | 43,681 | 38,243 | |||||||||||||||
| Research and development | 15,435 | 14,913 | 13,516 | 44,976 | 39,149 | |||||||||||||||
| Selling, general, and administrative | 19,944 | 19,744 | 18,094 | 63,060 | 50,851 | |||||||||||||||
| Amortization of acquired intangible assets | 1,069 | 1,068 | 196 | 2,515 | 714 | |||||||||||||||
| Income from operations | 4,827 | 1,117 | 2,119 | 2,389 | 423 | |||||||||||||||
| Interest expense | (1,238 | ) | (1,242 | ) | — | (2,791 | ) | — | ||||||||||||
| Other income (expense), net | (102 | ) | 196 | 1,511 | 964 | 4,682 | ||||||||||||||
| Income before income tax benefit (expense) | 3,487 | 71 | 3,630 | 562 | 5,105 | |||||||||||||||
| Income tax benefit (expense) | (2,193 | ) | 1,075 | (1,424 | ) | (1,154 | ) | (1,587 | ) | |||||||||||
| Net income (loss) | $ | 1,294 | $ | 1,146 | $ | 2,206 | $ | (592 | ) | $ | 3,518 | |||||||||
| Net income (loss) per share: | ||||||||||||||||||||
| Basic | $ | 0.03 | $ | 0.03 | $ | 0.06 | $ | (0.02 | ) | $ | 0.09 | |||||||||
| Diluted | $ | 0.03 | $ | 0.03 | $ | 0.06 | $ | (0.02 | ) | $ | 0.09 | |||||||||
| Weighted average common shares used to calculate net income (loss) per share: | ||||||||||||||||||||
| Basic | 39,500 | 39,148 | 38,710 | 39,247 | 38,542 | |||||||||||||||
| Diluted | 39,619 | 39,260 | 39,105 | 39,247 | 39,028 | |||||||||||||||
| (1 | ) | Analytics Revenue includes revenue from SecureWise LLC, a wholly owned subsidiary we acquired in March 2025. |
PDF Solutions® Reports Third Quarter 2025 Financial Results, Announcing Record Third Quarter 2025 Total Revenue
PDF SOLUTIONS, INC.
RECONCILIATION OF GAAP GROSS MARGIN TO NON-GAAP GROSS MARGIN (UNAUDITED)
(In thousands)
| Three months ended | Nine months ended | |||||||||||||||||||
| September 30, | June 30, | September 30, | September 30, | September 30, | ||||||||||||||||
| 2025 | 2025 | 2024 | 2025 | 2024 | ||||||||||||||||
| GAAP | ||||||||||||||||||||
| Total revenues | $ | 57,115 | $ | 51,728 | $ | 46,409 | $ | 156,621 | $ | 129,380 | ||||||||||
| Costs of revenues | 15,840 | 14,886 | 12,484 | 43,681 | 38,243 | |||||||||||||||
| GAAP gross profit | $ | 41,275 | $ | 36,842 | $ | 33,925 | $ | 112,940 | $ | 91,137 | ||||||||||
| GAAP gross margin | 72 | % | 71 | % | 73 | % | 72 | % | 70 | % | ||||||||||
| Non-GAAP | ||||||||||||||||||||
| GAAP gross profit | $ | 41,275 | $ | 36,842 | $ | 33,925 | $ | 112,940 | $ | 91,137 | ||||||||||
| Adjustments to reconcile GAAP to non-GAAP gross margin: | ||||||||||||||||||||
| Stock-based compensation expense | 1,274 | 1,257 | 1,366 | 3,873 | 3,751 | |||||||||||||||
| Amortization of acquired technology | 998 | 998 | 584 | 2,674 | 1,752 | |||||||||||||||
| Non-GAAP gross profit | $ | 43,547 | $ | 39,097 | $ | 35,875 | $ | 119,487 | $ | 96,640 | ||||||||||
| Non-GAAP gross margin | 76 | % | 76 | % | 77 | % | 76 | % | 75 | % | ||||||||||
RECONCILIATION OF GAAP OPERATING MARGIN TO NON-GAAP OPERATING MARGIN (UNAUDITED)
(In thousands)
| Three months ended | Nine months ended | |||||||||||||||||||
| September 30, | June 30, | September 30, | September 30, | September 30, | ||||||||||||||||
| 2025 | 2025 | 2024 | 2025 | 2024 | ||||||||||||||||
| GAAP income from operations | $ | 4,827 | $ | 1,117 | $ | 2,119 | $ | 2,389 | $ | 423 | ||||||||||
| GAAP operating margin | 8 | % | 2 | % | 5 | % | 2 | % | < | |||||||||||
| Adjustments to reconcile GAAP to non-GAAP operating margin: | ||||||||||||||||||||
| Stock-based compensation expense | 6,264 | 6,199 | 6,730 | 19,059 | 18,540 | |||||||||||||||
| Amortization of acquired intangible assets | 2,067 | 2,066 | 780 | 5,189 | 2,466 | |||||||||||||||
| Expenses for certain legal proceedings (1) | 170 | 112 | — | 397 | — | |||||||||||||||
| Acquisition-related and integration costs | 22 | 159 | — | 4,526 | — | |||||||||||||||
| Non-GAAP income from operations | $ | 13,350 | $ | 9,653 | $ | 9,629 | $ | 31,560 | $ | 21,429 | ||||||||||
| Non-GAAP operating margin | 23 | % | 19 | % | 21 | % | 20 | % | 17 | % | ||||||||||
| (1 | ) | Represents legal costs and expenses related to certain litigation and an arbitration proceeding, which are expected to continue until these matters are resolved. |
PDF Solutions® Reports Third Quarter 2025 Financial Results, Announcing Record Third Quarter 2025 Total Revenue
PDF SOLUTIONS, INC.
RECONCILIATION OF GAAP NET INCOME (LOSS) TO NON-GAAP NET INCOME (UNAUDITED)
(In thousands, except per share amounts)
| Three months ended | Nine months ended | |||||||||||||||||||
| September 30, | June 30, | September 30, | September 30, | September 30, | ||||||||||||||||
| 2025 | 2025 | 2024 | 2025 | 2024 | ||||||||||||||||
| GAAP net income (loss) | $ | 1,294 | $ | 1,146 | $ | 2,206 | $ | (592 | ) | $ | 3,518 | |||||||||
| Adjustments to reconcile GAAP net income (loss) to non-GAAP net income: | ||||||||||||||||||||
| Stock-based compensation expense | 6,264 | 6,199 | 6,730 | 19,059 | 18,540 | |||||||||||||||
| Amortization of acquired intangible assets | 2,067 | 2,066 | 780 | 5,189 | 2,466 | |||||||||||||||
| Expenses for certain legal proceedings (1) | 170 | 112 | — | 397 | — | |||||||||||||||
| Acquisition-related and integration costs | 22 | 159 | — | 4,526 | — | |||||||||||||||
| Recovery from previously written-off property and equipment | — | (663 | ) | (55 | ) | (663 | ) | (55 | ) | |||||||||||
| Amortization of debt issuance costs | 54 | 71 | — | 130 | — | |||||||||||||||
| Tax impact of valuation allowance for deferred tax assets and reconciling items (2) | (66 | ) | (1,789 | ) | 262 | (2,825 | ) | (1,710 | ) | |||||||||||
| Non-GAAP net income | $ | 9,805 | $ | 7,301 | $ | 9,923 | $ | 25,221 | $ | 22,759 | ||||||||||
| GAAP net income (loss) per diluted share | $ | 0.03 | $ | 0.03 | $ | 0.06 | $ | (0.02 | ) | $ | 0.09 | |||||||||
| Non-GAAP net income per diluted share | $ | 0.25 | $ | 0.19 | $ | 0.25 | $ | 0.64 | $ | 0.58 | ||||||||||
| Weighted average common shares used in GAAP net income (loss) per diluted share calculation | 39,619 | 39,260 | 39,105 | 39,247 | 39,028 | |||||||||||||||
| Weighted average common shares used in non-GAAP net income per diluted share calculation | 39,619 | 39,260 | 39,105 | 39,390 | 39,028 | |||||||||||||||
| (1 | ) | Represents legal costs and expenses related to certain litigation and an arbitration proceeding, which are expected to continue until these matters are resolved. |
| (2 | ) | The difference between the GAAP and non-GAAP income tax provisions is primarily due to the valuation allowance on a GAAP basis and non-GAAP adjustments. For example, on a GAAP basis, the Company does not receive a deferred tax benefit for foreign tax credits or research and development credits after the valuation allowance. The Company’s non-GAAP tax rate and resulting non-GAAP tax expense is not calculated with a full U.S. federal or state valuation allowance due to the Company’s cumulative non-GAAP income and management’s conclusion that it is more likely than not to utilize its net deferred tax assets (DTAs). Each reporting period, management evaluates the need for a valuation allowance and may place a valuation allowance against its U.S. net DTAs on a non-GAAP basis if it concludes it is more likely than not that it will not be able to utilize some or all of its U.S. DTAs on a non-GAAP basis. |
| Company Contacts: | ||
| Adnan Raza | Sonia Segovia | |
| Chief Financial Officer | Investor Relations | |
| Tel: (408) 280-7900 | Tel: (408) 938-6491 | |
| Email: adnan.raza@pdf.com | Email: sonia.segovia@pdf.com |
FAQ
What were PDF Solutions (PDFS) Q3 2025 total revenues and year‑over‑year growth?
What did PDFS report for Q3 2025 GAAP and non‑GAAP EPS?
How large is PDF Solutions' backlog at the end of Q3 2025?
Did PDF Solutions update its 2025 revenue guidance on Nov 6, 2025?
When was the PDF Solutions Q3 2025 earnings call held and how to access it?
