Filing Flows › PDF Solutions (PDFS) › Q2 2026 › vs Q2 2025
PDF Solutions (PDFS) Q2 2026 vs Q2 2025 (year over year)
PDF Solutions's revenue rose $9.8M (+19%) from $51.7M in Q2 2025 to $61.5M in Q2 2026. The biggest changes: Platform +$5.9M (+14%); Volume-Based +$3.9M (+45%). Operating margin 8.2% against 2.2% (+6.1 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 8.2% | 2.2% | +6.1 pts |
| Net margin | 6.9% | 2.2% | +4.7 pts |
| Free cash flow margin | 3.8% | -26.6% | +30.4 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Platform | $49.1M | $43.2M | $5.9M | +14% |
| Volume-Based | $12.4M | $8.5M | $3.9M | +45% |
| Revenue | $61.5M | $51.7M | $9.8M | +19% |
| Operating profit | $5.1M | $1.1M | $3.9M | +353% |
| Pre-tax earnings | $4.6M | $71K | $4.6M | 65× |
| Other expense, net | $440K | $1.0M | −$606K | -58% |
| Research & development | $17.3M | $14.9M | $2.4M | +16% |
| SG&A | $19.0M | $19.7M | −$760K | -4% |
| Other operating costs | $1.1M | $1.1M | −$10K | -0.9% |
| Net earnings | $4.3M | $1.1M | $3.1M | +273% |
| Income tax | $353K | −$1.1M | $1.4M | — |
| Depreciation & amortization | $2.1M | $804K | $1.3M | +166% |
| Share-based compensation | $6.0M | $6.2M | −$201K | -3% |
| Working capital & other | $4.0M | −$13.4M | $17.4M | — |
| Operating cash flow | $16.4M | −$5.2M | $21.6M | — |
| Free cash flow (OCF − capex) | $2.3M | −$13.8M | $16.1M | — |
| Capital expenditures | $14.1M | $8.5M | $5.5M | +64% |
Questions
How much did PDF Solutions's revenue grow year over year in Q2 2026?
PDF Solutions's revenue rose $9.8M (+19%) from $51.7M in Q2 2025 to $61.5M in Q2 2026.
What drove PDF Solutions's revenue change in Q2 2026?
Platform +$5.9M (+14%); Volume-Based +$3.9M (+45%).