PDF Solutions Reports Q1 Revenue of $60.1M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Should l Buy PDFS?
Reports Q1 revenue $60.1M, consensus $59.71M. "We are proud to report another strong quarter," said John Kibarian, CEO. "In December 2025, at the latest PDF Solutions Analyst Day, we stated that PDF Solutions is instrumental in addressing research and development and manufacturing challenges of today's semiconductor industry. This quarter's results demonstrate the value of this strategy with a large fabless customer renewing its commitment to Exensio, a large semiconductor IDM developing its next generation test solution with us, and another eProbe tool shipped to an existing customer that is a leading-edge semiconductor company. We believe this continued market adoption reflects the market's perception of the value our existing and new applications. With a strong product portfolio and momentum, we reaffirm our 20% annual revenue growth prior guidance for this year. We continue to make progress towards our long-term model target margins of 77% for gross margin and 27% for operating margin."
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Analyst Views on PDFS
Wall Street analysts forecast PDFS stock price to fall
4 Analyst Rating
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 47.700
Low
33.00
Averages
34.75
High
36.00
Current: 47.700
Low
33.00
Averages
34.75
High
36.00
About PDFS
PDF Solutions, Inc. is a provider of comprehensive data solutions for the semiconductor ecosystem. The Company offers products and services designed to help organizations across the semiconductor and electronics ecosystems to connect, collect, manage, and analyze data about design, equipment, manufacturing, and test to improve the yield and quality of their products. Its offerings combine proprietary software, professional services and third-party cloud-hosting platforms for software-as-a-service, electrical measurement hardware tools and physical intellectual property for integrated circuit designs. The Company's products, services and solutions have been sold to integrated device manufacturers, fabless semiconductor companies, foundries, capital equipment manufacturers and system houses. The primary software products and software and hardware systems of its platform include Exensio Software, Design-for-Inspection System, Characterization Vehicle System and Cimetrix Software Products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
PDF Solutions Q1 2026 Earnings Call Highlights
- Performance Momentum: PDF Solutions reported total revenue of $60.1 million in Q1 2026, with platform revenue at $50.9 million, indicating a strengthening leadership position in the semiconductor data analytics sector as compared to the previous year.
- Bookings and Backlog: The company ended the quarter with a backlog of $246 million, up 9% year-over-year, reflecting strong customer demand, particularly from large clients for Exensio and Cimetrix products.
- Capital Investment and Product Development: In terms of eProbe systems, the company plans to ship six machines in 2026, having shipped one in Q1, with revenue contribution expected to begin in Q2, showcasing a positive outlook for future revenue growth.
- Long-term Growth Targets: Management reiterated that 2026 revenue is expected to align with the 20% long-term growth target, with gross margins projected to reach 77% and operating margins at 27%, reflecting confidence in AI-driven market demand.
See More
PDF Solutions Reports Transformative 2025 Earnings Results
- Significant Revenue Growth: PDF Solutions reported total revenues of $219 million for 2025, a 22% year-over-year increase, with Q4 revenues reaching $62.4 million, reflecting a 25% growth compared to the same quarter last year, indicating strong demand and market share gains in the semiconductor sector.
- Platform Revenue Increase: The platform revenue for Q4 was $52.5 million, up 20% year-over-year, while volume-based revenue reached $9.9 million, a 58% increase, showcasing the company's significant advancements in AI-driven collaboration and product innovation.
- Margin and Operational Efficiency: Q4 gross margin stood at 77% with an operating margin of 24% and EPS of $0.30, reflecting enhanced profitability due to scale effects, alongside effective cost management as operating expenses grew at a slower pace than revenue.
- Optimistic Future Outlook: Management anticipates that 2026 revenues will align with their 20% long-term growth target, emphasizing the accelerating demand for AI-driven collaboration, which underscores the company's competitive edge and sustainable growth potential.
See More
PDF Solutions Reports Strong Q4 Earnings Beat
- Earnings Beat: PDF Solutions reported a Q4 non-GAAP EPS of $0.30, exceeding expectations by $0.06, indicating a robust improvement in profitability that is likely to positively influence stock performance.
- Significant Revenue Growth: The company achieved Q4 revenue of $62.4 million, a 24.6% year-over-year increase, surpassing the anticipated $61.95 million, reflecting strong market demand and effective business expansion.
- Positive Market Reaction: Following the earnings beat, analysts and investors expressed optimism about PDF Solutions' growth prospects, which may attract more investor interest and further drive stock price appreciation.
- Strategic Development Potential: The company demonstrated strong competitive positioning post-earnings release, with expectations to enhance its industry standing and influence through ongoing innovation and market expansion strategies.
See More
PDF Solutions Inc. (PDFS) Stock Surpasses Analyst Target Price of $34.75
- Price Target Breakthrough: PDF Solutions Inc.'s stock price reached $34.79, surpassing the analyst-set 12-month target price of $34.75, indicating optimistic market sentiment towards the company's future, potentially attracting more investor interest.
- Diverse Analyst Reactions: Among analysts covered by Zacks, target prices range from $33.00 to $36.00 with a standard deviation of $1.5, highlighting differing market perspectives on PDFS, prompting investors to carefully assess risks and opportunities.
- Clear Market Signal: The stock's breach of the target price provides investors with a signal to reassess the company's valuation, encouraging them to consider whether to hold or reduce their positions, thereby impacting market liquidity and stock price volatility.
- Wisdom of Crowds: The average target price reflects the collective judgment of multiple experts, suggesting that investors should pay attention to this
See More
PDF Solutions Enhances DENSO's 300mm IGBT Production Yield with Exensio Software
- Software Boosts Production: PDF Solutions' Exensio software has accelerated the ramp to production-level yields in DENSO's 300mm IGBT manufacturing, enabling the successful launch of high-yield new products and significantly enhancing production efficiency and product quality.
- Data Integration Advantage: By effectively integrating diverse data from multiple production facilities, Exensio provides a stable data management and analytics solution that helps DENSO optimize its manufacturing processes, thereby increasing overall output.
- Long-term Partnership: PDF Solutions has maintained a strong relationship with DENSO for several years, and DENSO's acknowledgment of Exensio's role in improving manufacturing quality and output lays a solid foundation for mutual success in the future.
- Industry Leadership: By offering an end-to-end analytics platform, PDF Solutions empowers engineers and data scientists in the semiconductor industry to enhance product yield, quality, and profitability, further solidifying its leadership position in the sector.
See More
PDF Solutions Enhances DENSO's 300mm IGBT Production Yield with Exensio Software
- Software Boosts Production: PDF Solutions' Exensio® analytics software has accelerated production-level yields in DENSO's 300mm IGBT manufacturing, enabling the successful launch of new high-yield products and significantly enhancing production efficiency and quality.
- Data Integration Advantage: By effectively integrating diverse data from multiple production facilities, Exensio provides a stable data management and analytics solution, optimizing DENSO's manufacturing processes and improving overall output.
- Long-term Partnership: PDF Solutions has maintained a strong relationship with DENSO for several years, and DENSO's acknowledgment of Exensio's contributions not only reflects the software's effectiveness but also lays a foundation for mutual success in the future.
- Industry Impact: PDF Solutions' solutions are relied upon by numerous Fortune 500 companies globally, driving efficiency and profitability in the semiconductor industry, showcasing its critical role in the transformation towards Industry 4.0.
See More
PDF Solutions Q1 2026 Earnings Call Highlights
- Performance Momentum: PDF Solutions reported total revenue of $60.1 million in Q1 2026, with platform revenue at $50.9 million, indicating a strengthening leadership position in the semiconductor data analytics sector as compared to the previous year.
- Bookings and Backlog: The company ended the quarter with a backlog of $246 million, up 9% year-over-year, reflecting strong customer demand, particularly from large clients for Exensio and Cimetrix products.
- Capital Investment and Product Development: In terms of eProbe systems, the company plans to ship six machines in 2026, having shipped one in Q1, with revenue contribution expected to begin in Q2, showcasing a positive outlook for future revenue growth.
- Long-term Growth Targets: Management reiterated that 2026 revenue is expected to align with the 20% long-term growth target, with gross margins projected to reach 77% and operating margins at 27%, reflecting confidence in AI-driven market demand.
See More
PDF Solutions Reports Transformative 2025 Earnings Results
- Significant Revenue Growth: PDF Solutions reported total revenues of $219 million for 2025, a 22% year-over-year increase, with Q4 revenues reaching $62.4 million, reflecting a 25% growth compared to the same quarter last year, indicating strong demand and market share gains in the semiconductor sector.
- Platform Revenue Increase: The platform revenue for Q4 was $52.5 million, up 20% year-over-year, while volume-based revenue reached $9.9 million, a 58% increase, showcasing the company's significant advancements in AI-driven collaboration and product innovation.
- Margin and Operational Efficiency: Q4 gross margin stood at 77% with an operating margin of 24% and EPS of $0.30, reflecting enhanced profitability due to scale effects, alongside effective cost management as operating expenses grew at a slower pace than revenue.
- Optimistic Future Outlook: Management anticipates that 2026 revenues will align with their 20% long-term growth target, emphasizing the accelerating demand for AI-driven collaboration, which underscores the company's competitive edge and sustainable growth potential.
See More
PDF Solutions Reports Strong Q4 Earnings Beat
- Earnings Beat: PDF Solutions reported a Q4 non-GAAP EPS of $0.30, exceeding expectations by $0.06, indicating a robust improvement in profitability that is likely to positively influence stock performance.
- Significant Revenue Growth: The company achieved Q4 revenue of $62.4 million, a 24.6% year-over-year increase, surpassing the anticipated $61.95 million, reflecting strong market demand and effective business expansion.
- Positive Market Reaction: Following the earnings beat, analysts and investors expressed optimism about PDF Solutions' growth prospects, which may attract more investor interest and further drive stock price appreciation.
- Strategic Development Potential: The company demonstrated strong competitive positioning post-earnings release, with expectations to enhance its industry standing and influence through ongoing innovation and market expansion strategies.
See More
PDF Solutions Inc. (PDFS) Stock Surpasses Analyst Target Price of $34.75
- Price Target Breakthrough: PDF Solutions Inc.'s stock price reached $34.79, surpassing the analyst-set 12-month target price of $34.75, indicating optimistic market sentiment towards the company's future, potentially attracting more investor interest.
- Diverse Analyst Reactions: Among analysts covered by Zacks, target prices range from $33.00 to $36.00 with a standard deviation of $1.5, highlighting differing market perspectives on PDFS, prompting investors to carefully assess risks and opportunities.
- Clear Market Signal: The stock's breach of the target price provides investors with a signal to reassess the company's valuation, encouraging them to consider whether to hold or reduce their positions, thereby impacting market liquidity and stock price volatility.
- Wisdom of Crowds: The average target price reflects the collective judgment of multiple experts, suggesting that investors should pay attention to this
See More
PDF Solutions Enhances DENSO's 300mm IGBT Production Yield with Exensio Software
- Software Boosts Production: PDF Solutions' Exensio software has accelerated the ramp to production-level yields in DENSO's 300mm IGBT manufacturing, enabling the successful launch of high-yield new products and significantly enhancing production efficiency and product quality.
- Data Integration Advantage: By effectively integrating diverse data from multiple production facilities, Exensio provides a stable data management and analytics solution that helps DENSO optimize its manufacturing processes, thereby increasing overall output.
- Long-term Partnership: PDF Solutions has maintained a strong relationship with DENSO for several years, and DENSO's acknowledgment of Exensio's role in improving manufacturing quality and output lays a solid foundation for mutual success in the future.
- Industry Leadership: By offering an end-to-end analytics platform, PDF Solutions empowers engineers and data scientists in the semiconductor industry to enhance product yield, quality, and profitability, further solidifying its leadership position in the sector.
See More
PDF Solutions Enhances DENSO's 300mm IGBT Production Yield with Exensio Software
- Software Boosts Production: PDF Solutions' Exensio® analytics software has accelerated production-level yields in DENSO's 300mm IGBT manufacturing, enabling the successful launch of new high-yield products and significantly enhancing production efficiency and quality.
- Data Integration Advantage: By effectively integrating diverse data from multiple production facilities, Exensio provides a stable data management and analytics solution, optimizing DENSO's manufacturing processes and improving overall output.
- Long-term Partnership: PDF Solutions has maintained a strong relationship with DENSO for several years, and DENSO's acknowledgment of Exensio's contributions not only reflects the software's effectiveness but also lays a foundation for mutual success in the future.
- Industry Impact: PDF Solutions' solutions are relied upon by numerous Fortune 500 companies globally, driving efficiency and profitability in the semiconductor industry, showcasing its critical role in the transformation towards Industry 4.0.
See More
