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PDF Solutions Inc
XMUN:PD9

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PDF Solutions Inc
XMUN:PD9
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Price: 40.6 EUR -6.02% Market Closed
Market Cap: €1.6B

PDF Solutions Inc
Investor Relations

PDF Solutions helps chip makers improve how semiconductors are manufactured. Its software and data tools collect and analyze factory and test data so engineers can find defects, tune production steps, and raise chip yield. It also sells related engineering services and analytics tools used in the design and manufacturing flow. Its main customers are semiconductor manufacturers, foundries, and some chip design companies that need tighter control over complex production lines. PDF Solutions makes money by selling software subscriptions or licenses, data and analytics services, and consulting work tied to process improvement. In practice, it sits between chip design and chip production, turning factory data into decisions that help customers build more chips with fewer mistakes. What makes the business different is that it is not a chip maker itself. It is a specialized tool and services provider focused on the hard problem of semiconductor manufacturing quality and yield. That gives it a niche role in an industry where small improvements in process control can matter a lot to customers.

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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Aug 6, 2026
AI Summary
Q2 2026

Revenue: PDF Solutions reported Q2 revenue of $61.5 million, up 19% year over year, and said first-half revenue rose 22%. Management reaffirmed full-year revenue growth of 20%.

Bookings: The quarter featured multiple large wins, including 8-figure secureWISE and DirectScan contracts and several 7-figure Exensio deals, helping backlog rise to $271 million.

Outlook: Management sounded upbeat about the second half, citing strong pipeline momentum and broad activity across hyperscalers, equipment vendors, and AI-related customers.

Margins: Gross margin came in at 73%, below Q1 because Q1 included more perpetual software licenses, but management expects a rebound next quarter and still sees a path to its 77% long-term target.

Cash: The company ended Q2 with $114.9 million of cash and cash equivalents after raising $81.8 million from a follow-on equity offering, while debt stood at $67.5 million.

Key Financials
Revenue
$61.5 million
First-half revenue growth
22%
Platform revenue
$49.1 million
Volume-based revenue
45%
Backlog
$271 million
Gross margin
73%
Operating margin
22%
Earnings per share
$0.27
Cash and cash equivalents
$114.9 million
Debt
$67.5 million
Operating cash flow
$16.4 million
CapEx
$14.1 million
Primary shares sold
Approximately 1.9 million
Equity proceeds
$81.8 million
Other Earnings Calls

Management

Dr. John K. Kibarian Ph.D.
Co-Founder, President, CEO & Director
No Bio Available
Dr. Kimon W. Michaels Ph.D.
Co-Founder, Executive VP of Products & Solutions and Director
No Bio Available
Mr. Peter Cohn
Secretary
No Bio Available
Dr. P. K. Mozumder
Vice President of WW Sales
No Bio Available
Mr. Jeffrey David
Vice President of AI Solutions
No Bio Available
Said Akar
General Manager
No Bio Available
Mr. Michael Yu
Vice President of Sales & Operations - Asia
No Bio Available

Contacts

Address
CALIFORNIA
Santa Clara
2858 De La Cruz Boulevard
Contacts
+14082807900.0
www.pdf.com
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