PDF Solutions, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $219.0M | $179.5M | $165.8M | $148.5M | $111.1M | $88.0M | $85.6M | $85.8M |
| Cost of Revenue | $60.6M | $54.1M | $51.7M | $47.9M | $44.2M | $36.8M | $33.5M | $42.8M |
| Gross Profit | $158.4M | $125.3M | $114.1M | $100.6M | $66.9M | $51.3M | $52.1M | $43.0M |
| Gross Margin | 72.3% | 69.8% | 68.8% | 67.8% | 60.2% | 58.2% | 60.9% | 50.1% |
| Operating Expenses | ||||||||
| Research & Development | $64.2M | $53.6M | $50.7M | $56.1M | $43.8M | $34.7M | $32.7M | $28.0M |
| SG&A Expense | $84.7M | $69.9M | $62.2M | $45.3M | $37.6M | $32.7M | $26.3M | $23.9M |
| Operating Income | $5.8M | $935.0K | $-151.0K | $470.0K | $-18.3M | $-18.1M | $-7.4M | $-10.0M |
| Operating Margin | 2.7% | 0.5% | -0.1% | 0.3% | -16.5% | -20.5% | -8.6% | -11.6% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $3.2M | $6.6M | $4.9M | $470.0K | $-18.3M | $-18.1M | $-7.4M | $-9.5M |
| Income Tax Expense | $3.8M | $2.5M | $1.8M | $3.9M | $3.2M | $22.3M | $-1.9M | $-1.7M |
| Net Income | $-640.0K | $4.1M | $3.1M | $-3.4M | $-21.5M | $-40.4M | $-5.4M | $-7.7M |
| Net Margin | -0.3% | 2.3% | 1.9% | -2.3% | -19.3% | -45.8% | -6.3% | -9.0% |
| EPS (Basic) | $-0.02 | $0.11 | $0.08 | $-0.09 | $-0.58 | $-1.17 | $-0.17 | $-0.24 |
| EPS (Diluted) | $-0.02 | $0.10 | $0.08 | $-0.09 | $-0.58 | $-1.17 | $-0.17 | $-0.24 |
| Shares Outstanding (Basic) | 39.3M | 38.6M | 38.0M | 37.3M | 37.1M | 34.5M | 32.4M | 32.2M |
| Shares Outstanding (Diluted) | 39.3M | 39.0M | 38.9M | 37.3M | 37.1M | 34.5M | 32.4M | 32.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |