PDF SOLUTIONS INC
PDFS · Services-Prepackaged Software · 39.9M shares · +3%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: -$21M (gross $743K, SBC $21M)
Reference price $19.45 · est. market cap ~$776M — last insider purchase, 2025-05-13 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D52Semiconductor-yield-analytics vendor near breakeven with cash burn this year.
Strengths
- Adequate liquidity — current ratio 2.28 (74th), D/E 0.24
Risks
- Near-breakeven/net loss — ROE -0.2%, net income -115.8% (15th)
- Cash burn — FCF -$8.6M (9th)
- Semiconductor-cycle and customer-concentration dependence — per 10-K
Notable findings
- Cash burnNegative free cash flow (-8.6M)
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC
- Notable holderHeld by 4 notable fund(s): STATE STREET CORP, FMR LLC, GOLDMAN SACHS GROUP INC +1 more (as of 2026-03-31)
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Return on equity
-0.2%
Return on assets
-0.2%
ROIC
1.4%
Revenue growth (QoQ)
1.0%
Net-income growth
-115.8%
Debt / equity
0.2×
Net debt / EBITDA
2.3×
Current ratio
2.3×
Free cash flow
-$9M
EBITDA
$10M
Tangible book value
$124M
Cash & investments
$42M
Cash runway
20q
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-01-01 | Strojwas Andrzej | Tax withheld | 2.8K | $28.53 |
| 2026-01-01 | Raza Adnan | Tax withheld | 5.5K | $28.53 |
| 2025-12-09 | MICHAELS KIMON | Gift | 5.1K | — |
| 2025-08-01 | Raza Adnan | Grant | 35K | — |
| 2025-08-01 | Strojwas Andrzej | Grant | 8.0K | — |
| 2025-07-01 | CHAN CHI-FOON | Grant | 7.4K | — |
| 2025-07-01 | Erba Nancy | Grant | 7.4K | — |
| 2025-07-01 | GUSTAFSON MICHAEL B | Grant | 7.4K | — |
| 2025-07-01 | Zhang Shuo | Grant | 7.4K | — |
| 2025-07-01 | Li Ye Jane | Grant | 7.4K | — |
| 2025-07-01 | MICHAELS KIMON | Tax withheld | 798 | $21.87 |
| 2025-07-01 | Raza Adnan | Tax withheld | 4.9K | $21.87 |
| 2025-07-01 | Strojwas Andrzej | Tax withheld | 2.5K | $21.87 |
| 2025-07-01 | BRONSON JOSEPH R | Grant | 7.4K | — |
| 2025-05-13 | GUSTAFSON MICHAEL B | Buy | 7.5K | $19.45 |
| 2025-02-25 | KIBARIAN JOHN KACHIG | Buy | 16K | $22.11 |
| 2025-02-24 | GUSTAFSON MICHAEL B | Buy | 4.0K | $23.06 |
| 2025-02-24 | KIBARIAN JOHN KACHIG | Buy | 34K | $22.80 |
| 2025-01-01 | MICHAELS KIMON | Tax withheld | 870 | — |
| 2025-01-01 | Raza Adnan | Tax withheld | 5.3K | — |
| 2025-01-01 | Strojwas Andrzej | Tax withheld | 2.8K | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-18 | 2026-06-16 | 0001437749-26-021144 ↗ |
| 8-K | 2026-05-15 | 2026-05-13 | 0001193125-26-226898 ↗ |
| 10-Q | 2026-05-07 | 2026-03-31 | 0001437749-26-015610 ↗ |
| 8-K | 2026-05-07 | 2026-05-07 | 0001437749-26-015603 ↗ |
| 8-K | 2026-04-24 | 2026-04-23 | 0001437749-26-013337 ↗ |
| 10-K | 2026-02-24 | 2025-12-31 | 0001437749-26-005366 ↗ |
| 8-K | 2026-02-12 | 2026-02-12 | 0001437749-26-003948 ↗ |
| 8-K | 2025-11-13 | 2025-11-12 | 0001437749-25-034589 ↗ |
| 10-Q | 2025-11-06 | 2025-09-30 | 0001437749-25-033623 ↗ |
| 8-K | 2025-11-06 | 2025-11-06 | 0001437749-25-033622 ↗ |
| 10-Q | 2025-08-07 | 2025-06-30 | 0001437749-25-025464 ↗ |
| 8-K | 2025-08-07 | 2025-08-07 | 0001437749-25-025457 ↗ |