Short answer
PDF SOLUTIONS INC (PDFS) filed its fiscal 2025 10-K annual report with the SEC on Feb 24, 2026. It reported revenue of $219M (+22.0% year over year) and net income of −$640,000.
- Top risk flagged: Regulatory risk: Compliance with cybersecurity oversight by Audit Committee with two members experienced in information security
FY2025 key financial metrics · XBRL
- Revenue
- $219M
- +22.0% YoY
- Net income
- −$640,000
- −115.8% YoY
- Operating margin
- 2.7%
- +2.1 pp YoY
- Gross margin
- 72.3%
- +2.5 pp YoY
- EPS (diluted)
- −$0.02
- −120.0% YoY
- ROE
- -0.2%
- −1.9 pp YoY
- Operating cash flow
- $24M
- +147.9% YoY
Source: XBRL data from the PDF SOLUTIONS INC (PDFS) FY2025 10-K on SEC EDGAR. USD.
PDF SOLUTIONS INC FY2025 10-K analysis
AI summary of each section, grounded in the filing text
Business Overview
- Core business: Software and services for semiconductor yield management and advanced process control
- No new products, services, or segments specifically introduced or highlighted this year
- Continued emphasis on corporate governance with a Code of Ethics applicable to all employees, including executives
- No changes in quantitative metrics disclosed in this section; no notable employee, R&D, or market expansion data provided
- Distinctive focus on transparency and compliance with federal filing requirements and executive ethics disclosures
Management Discussion & Analysis
- Revenue impact risk: Volume-based revenue decreased significantly due to wafer volume declines and IC sales variability; no specific YoY amount provided
- Profitability affected by fixed costs and restructuring expenses amid fluctuating market conditions; no margin % disclosed
- Semiconductor segment remains core but faces volatility from U.S. trade restrictions, tariffs, inflation, and supply chain disruptions
- Forward risks include geopolitical tensions, trade policy changes, cybersecurity threats, evolving data privacy laws, and IP litigation risks impacting future revenue and costs
Risk Factors
- Regulatory risk: Compliance with cybersecurity oversight by Audit Committee with two members experienced in information security
- Operational risk: Dependence on VP of Operations with 25+ years tenure leading cybersecurity, IT, and risk management roles
- Cybersecurity risk: Potential material impact from cybersecurity threats despite no incidents in past 6 years, requiring ongoing incident response preparedness
- Corporate governance risk: Quarterly cybersecurity risk reviews with executive management and Audit Committee to monitor emerging threats and mitigation efforts
Generated from the filing text; verify against the original. How to read a 10-K
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