PDF Solutions (NASDAQ:PDFS) Releases Earnings Results, Meets Estimates

08 Aug 2026, 22:14 by Sarita Garza · The Markets Daily

PDF Solutions (NASDAQ:PDFS – Get Free Report) announced its earnings results on Thursday. The technology company reported $0.27 EPS for the quarter, meeting analysts’ consensus estimates of $0.27, FiscalAI reports. The firm had revenue of $61.53 million for the quarter, compared to analysts’ expectations of $61.17 million. PDF Solutions had a return on equity of 7.88% and a net margin of 4.27%.

Here are the key takeaways from PDF Solutions’ conference call:

Q2 revenue rose 19% year over year to $61.5 million, while first-half revenue increased 22%, supported by contributions across multiple products and a 45% increase in volume-based revenue.
Bookings were strong across the portfolio, including eight-figure contracts for secureWISE and DirectScan and seven-figure Exensio deals; backlog reached $271 million, up 10% sequentially and 16% year over year.
Management reaffirmed its goal of 20% full-year 2026 revenue growth and expects continued bookings momentum, expanding opportunities for DirectScan—including mature-node and memory applications—and at least company-wide growth for secureWISE.
Q2 gross margin declined to 73% due partly to unusually high perpetual software licenses in Q1, but management expects a rebound next quarter and remains confident in reaching its long-term 77% gross-margin and 27% operating-margin targets.
Cash increased to $114.9 million following an $81.8 million equity offering and $16.4 million of operating cash flow, although Q3 and Q4 capital expenditures are expected to exceed Q2 levels as PDF invests in eProbe systems and manages rising component costs.

PDF Solutions Trading Up 7.7%

Shares of PDF Solutions stock traded up $3.55 during trading hours on Friday, reaching $49.45. 461,840 shares of the company’s stock were exchanged, compared to its average volume of 488,964. PDF Solutions has a 52-week low of $18.12 and a 52-week high of $71.68. The company has a fifty day moving average of $55.94 and a 200-day moving average of $43.98. The company has a current ratio of 2.34, a quick ratio of 2.34 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $1.97 billion, a price-to-earnings ratio of 197.80 and a beta of 1.67.

PDF Solutions News Summary

Here are the key news stories impacting PDF Solutions this week:

Positive Sentiment: Quarterly results exceeded some estimates: PDF Solutions reported second-quarter adjusted earnings of $0.27 per share, up from $0.19 a year earlier, versus the Zacks consensus estimate of $0.26. Revenue was $61.53 million, slightly above the $61.17 million consensus. PDF Solutions Surpasses Q2 Earnings and Revenue Estimates
Positive Sentiment: Full-year revenue outlook was slightly above expectations: PDF Solutions issued fiscal 2026 revenue guidance of approximately $262.8 million, ahead of the roughly $262.3 million analyst consensus. This supports expectations for continued demand for its semiconductor manufacturing data and analytics products. PDF Solutions Reports Second Quarter 2026 Financial Results
Positive Sentiment: Rosenblatt reaffirmed its Buy rating and set a $63 price target, implying substantial upside from the recent trading level. The endorsement may reinforce bullish sentiment after the earnings release. Rosenblatt Reaffirms Buy Rating
Neutral Sentiment: Analyst views remain mixed: Wells Fargo assigned PDF Solutions a Hold rating, while coverage discussing the company’s “next test” suggests investors will look for stronger execution and sustained growth beyond the current quarter. PDF Solutions Earns Hold Rating from Wells Fargo
Negative Sentiment: Profitability and valuation remain risks: PDF Solutions’ net margin was only 3.10%, while its reported price-to-earnings ratio is elevated. The quarterly EPS result met the broader consensus rather than materially surpassing it, limiting the earnings catalyst.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on PDFS. Rosenblatt Securities reissued a “buy” rating and issued a $63.00 price target on shares of PDF Solutions in a report on Friday. Weiss Ratings raised PDF Solutions from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, May 11th. Wells Fargo & Company initiated coverage on PDF Solutions in a research report on Tuesday. They set an “equal weight” rating and a $50.00 price objective for the company. DA Davidson restated a “buy” rating and issued a $56.00 target price on shares of PDF Solutions in a report on Monday, May 18th. Finally, Wall Street Zen lowered shares of PDF Solutions from a “buy” rating to a “hold” rating in a report on Saturday. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, PDF Solutions currently has a consensus rating of “Hold” and an average price target of $56.33.

Get Our Latest Analysis on PDFS

Hedge Funds Weigh In On PDF Solutions

Large investors have recently added to or reduced their stakes in the business. State of Wyoming grew its stake in shares of PDF Solutions by 4.5% in the second quarter. State of Wyoming now owns 15,447 shares of the technology company’s stock valued at $330,000 after buying an additional 668 shares in the last quarter. LPL Financial LLC raised its holdings in shares of PDF Solutions by 7.6% during the 4th quarter. LPL Financial LLC now owns 10,399 shares of the technology company’s stock valued at $297,000 after buying an additional 734 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in PDF Solutions by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,465 shares of the technology company’s stock worth $353,000 after acquiring an additional 753 shares in the last quarter. Susquehanna Fundamental Investments LLC boosted its holdings in PDF Solutions by 2.6% in the 4th quarter. Susquehanna Fundamental Investments LLC now owns 32,230 shares of the technology company’s stock worth $920,000 after acquiring an additional 809 shares during the period. Finally, The Manufacturers Life Insurance Company boosted its holdings in PDF Solutions by 5.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 16,883 shares of the technology company’s stock worth $361,000 after acquiring an additional 844 shares during the period. 79.51% of the stock is currently owned by hedge funds and other institutional investors.

PDF Solutions Company Profile

(Get Free Report)

PDF Solutions, Inc, headquartered in Santa Clara, California, is a technology company that provides data-driven solutions for the semiconductor manufacturing industry. Founded in 1991, the company specializes in software and services designed to improve yield, productivity and profitability for semiconductor fabricators. Over its history, PDF Solutions has positioned itself as a partner to foundries, integrated device manufacturers (IDMs), assembly and test operations, offering tailored data analytics and engineering expertise.