Welcome to our dedicated page for Pdf Solutions SEC filings (Ticker: PDFS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to U.S. Securities and Exchange Commission filings for PDF Solutions, Inc. (NASDAQ: PDFS), a Delaware-incorporated provider of data and analytics solutions for the semiconductor and electronics ecosystems. Through these filings, investors can review the company’s regulatory disclosures, financial statements, and governance information.
PDF Solutions files annual reports on Form 10-K and quarterly reports on Form 10-Q, which present audited and interim financial statements, segment information such as analytics and integrated yield ramp revenues, and discussions of risk factors and business strategy. These core filings allow readers to analyze revenue trends, margins, and other financial metrics over time, as well as to understand how the company describes its role in smart manufacturing, AI-driven digitization, and semiconductor data analytics.
The company also submits current reports on Form 8-K to disclose material events. Recent 8-K filings have addressed quarterly financial results, the availability of management reports for investors, and corrections to descriptive language in previously filed reports. Other 8-Ks document matters such as the results of stockholder votes on director elections, stock incentive plans, employee stock purchase plans, and advisory votes on executive compensation.
On this page, Stock Titan presents PDF Solutions’ SEC filings with AI-powered summaries that explain the key points of lengthy documents such as 10-Ks and 10-Qs. These summaries are designed to highlight important items, including revenue composition, discussion of the PDF Solutions platform, and references to AI, analytics, and manufacturing connectivity, without replacing the full text of the filings. Users can also review 8-Ks related to earnings announcements and governance events, as well as other available forms, to build a detailed picture of the company’s regulatory history.
Because PDF Solutions’ common stock is registered under Section 12(b) of the Securities Exchange Act of 1934 and trades on The NASDAQ Stock Market LLC under the symbol PDFS, its SEC filings are a primary source of information for understanding its financial condition, business description, and material developments.
PDF Solutions, Inc. reported significantly improved results for the quarter ended March 31, 2026, moving from a loss to profitability. Total revenue reached $60.1 million, up from $47.8 million a year earlier, driven mainly by higher Platform revenue of $50.9 million versus $37.3 million. Volume-based revenue was $9.2 million compared with $10.5 million. The company generated net income of $4.8 million, reversing a $3.0 million net loss in the prior-year quarter, with diluted earnings per share of $0.12 versus a loss of $0.08.
Cash and cash equivalents were $31.2 million and total assets $430.6 million, while total debt, net, was $66.5 million. Operating cash flow was $1.7 million, down from $8.6 million, as accounts receivable and contract assets increased. International customers provided about 59% of revenue, and remaining performance obligations totaled roughly $246.4 million, most expected to convert to revenue within two years.
PDF Solutions, Inc. reported strong first quarter 2026 results, with total revenues of $60.1 million, up 26% from the first quarter of 2025. Platform revenue grew to $50.9 million, while volume-based revenue was $9.2 million. GAAP gross margin was 72% and non-GAAP gross margin 76%.
GAAP operating margin improved to 10% and non-GAAP operating margin to 25%. The company generated GAAP net income of $4.8 million, or $0.12 per diluted share, compared with a loss a year ago, and non-GAAP net income of $12.6 million, or $0.31 per diluted share. Ending backlog reached $246.4 million, and management reaffirmed its prior guidance of 20% annual revenue growth for 2026.
PDF Solutions, Inc. is holding its 2026 Annual Meeting on June 16, 2026, asking stockholders to elect two Class I directors, ratify BPM LLP as auditor, approve an amended 2011 Stock Incentive Plan adding 800,000 reserved shares, amend its 2021 Employee Stock Purchase Plan, and give an advisory say‑on‑pay vote.
The Class I nominees are Lead Independent Director Joseph R. Bronson and director Ye Jane Li, both standing for new three‑year terms on a staggered, eight‑member board. As of April 17, 2026, the company had 39,917,373 common shares outstanding and 3,201,258 shares available for future awards under the existing stock plan, with 4,001,258 shares available if the new amendment is approved.
PDF Solutions, Inc. entered into a First Amendment to its Credit Agreement on April 23, 2026. The amendment increases the company’s revolving credit facility to an aggregate principal amount of $75 million and introduces leverage-based annual commitment fees tied to its total debt to EBITDA ratio.
The commitment fee will be 0.50% when the total debt to EBITDA ratio is greater than or equal to 2.50 to 1.00, 0.35% when the ratio is less than 2.50 to 1.00 but at least 0.50 to 1.00, and 0.20% when the ratio is below 0.50 to 1.00. All other material terms of the Credit Agreement remain unchanged.
PDF Solutions Inc — The Vanguard Group filed an amendment to its Schedule 13G reporting zero beneficial ownership of PDF Solutions common stock after an internal realignment. The filing states certain Vanguard subsidiaries will report disaggregated holdings separately and that Vanguard no longer is deemed to beneficially own those securities, in accordance with SEC Release No. 34-39538 dated January 12, 1998. The amendment includes a statement describing the realignment effective January 12, 2026 and is signed on 03/27/2026.
PDF Solutions, Inc. provides data and analytics solutions to semiconductor and electronics companies, offering a platform that spans design, process development, high-volume manufacturing, test, and assembly. Revenue comes from Platform fees (software, SaaS, services, systems) and Volume-based fees tied to runtime licenses and royalties.
The company serves foundries, IDMs, fabless firms, OSATs, equipment makers and others through brands including Exensio, Sapience, DirectScan, CV, Cimetrix and secureWISE. Key risks include heavy R&D spending, dependence on a few large customers, export-control and trade restrictions, cybersecurity and data-privacy exposure, AI-related regulatory change and reliance on sole‑source and open‑source technologies.
PDF Solutions Inc. received an updated ownership report from John Kachig Kibarian, filed on Schedule 13G/A. As of the event date of December 31, 2025, he beneficially owned 2,562,474 shares of common stock, representing 6.5% of the outstanding class.
Of this amount, 39,718 shares are subject to his sole voting and dispositive power. The remaining 2,522,756 shares are subject to shared voting and dispositive power through The John Kibarian and Gloria Chen Trust, where he serves as a trustee.
PDF Solutions Inc. (PDFS) received an amended Schedule 13G from Needham entities reporting passive ownership of its common stock. As of December 31, 2025, Needham Investment Management L.L.C. and Needham Asset Management, LLC each report beneficial ownership of 1,965,000 shares, or 4.9% of the common stock.
These shares are held across advisory clients, primarily the Needham Aggressive Growth Fund with 1,465,000 shares (about 3.7% of the class), the Needham Growth Fund with 270,000 shares, and the Needham Small Cap Growth Fund with 230,000 shares. George A. Needham is also listed with shared voting and dispositive power over 1,965,000 shares, or 4.9%.
The filing states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of PDF Solutions. Each reporting person disclaims beneficial ownership beyond their pecuniary interest.
PDF Solutions reported record results for 2025, with total revenue of $219.0 million, up 22% from 2024, and fourth-quarter revenue of $62.4 million, up 25% from the prior year’s quarter.
Full-year GAAP gross margin improved to 72% and non-GAAP gross margin to 76%. Non-GAAP operating margin rose to 21%, while non-GAAP net income reached $37.2 million, or $0.94 per diluted share. GAAP results were near breakeven, with a small net loss of $0.6 million, or $(0.02) per share.
Revenue mix strengthened, as platform revenue grew to $181.0 million and volume-based revenue to $38.0 million, with recurring revenue at 94% of 2025 revenue. The company ended 2025 with a reported backlog of $254 million, completed the acquisition of SecureWise LLC, added debt, and used $24.1 million of operating cash flow against $32.8 million of capital expenditures. Management stated it expects 2026 revenue growth consistent with its 20% long-term revenue growth target.