Filing Flows › PDF Solutions (PDFS) › Q2 2026 › vs Q1 2026
PDF Solutions (PDFS) Q2 2026 vs Q1 2026 (quarter over quarter)
PDF Solutions's revenue rose $1.4M (+2%) from $60.1M in Q1 2026 to $61.5M in Q2 2026. The biggest changes: Volume-Based +$3.2M (+35%); Platform −$1.8M (-4%). Operating margin 8.2% against 10.5% (-2.3 pts).
PDF Solutions, Q2 2026: revenue $61.5M (+19% year over year), operating margin 8.2%, net earnings $4.3M, operating cash flow $16.4M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 8.2% | 10.5% | -2.3 pts |
| Net margin | 6.9% | 8.0% | -1.0 pts |
| Free cash flow margin | 3.8% | -14.6% | +18.4 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Platform | $49.1M | $50.9M | −$1.8M | -4% |
| Volume-Based | $12.4M | $9.2M | $3.2M | +35% |
| Revenue | $61.5M | $60.1M | $1.4M | +2% |
| Operating profit | $5.1M | $6.3M | −$1.2M | -20% |
| Pre-tax earnings | $4.6M | $5.8M | −$1.2M | -20% |
| Other expense, net | $440K | $497K | −$57K | -11% |
| Research & development | $17.3M | $18.3M | −$1.0M | -6% |
| SG&A | $19.0M | $17.5M | $1.5M | +9% |
| Other operating costs | $1.1M | $1.1M | −$1K | -0.1% |
| Net earnings | $4.3M | $4.8M | −$520K | -11% |
| Income tax | $353K | $1.0M | −$672K | -66% |
| Depreciation & amortization | $2.1M | $1.6M | $583K | +37% |
| Share-based compensation | $6.0M | $6.4M | −$398K | -6% |
| Working capital & other | $4.0M | −$11.1M | $15.1M | — |
| Operating cash flow | $16.4M | $1.7M | $14.7M | +880% |
| Free cash flow (OCF − capex) | $2.3M | −$8.8M | $11.1M | — |
| Capital expenditures | $14.1M | $10.5M | $3.6M | +34% |
Questions
How much did PDF Solutions's revenue grow quarter over quarter in Q2 2026?
PDF Solutions's revenue rose $1.4M (+2%) from $60.1M in Q1 2026 to $61.5M in Q2 2026.
What drove PDF Solutions's revenue change in Q2 2026?
Volume-Based +$3.2M (+35%); Platform −$1.8M (-4%).