Short answer

PDF SOLUTIONS INC (PDFS) filed its Q1 2026 10-Q quarterly report on May 7, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $60M (up 25.9% year over year) with net income of $5M.

Q1 2026 key financials · XBRL

Revenue: $60M; +25.9% YoY
Net income: $5M; +258.0% YoY
Operating margin: 10.5%
Gross margin: 71.8%
EPS (diluted): $0.12; +250.0% YoY

Source: XBRL data from the PDF SOLUTIONS INC (PDFS) Q1 2026 10-Q on SEC EDGAR. USD.

PDF SOLUTIONS INC Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

Revenue $60.1M, up 26% YoY from $47.8M
Platform revenue $50.9M, up 36%; volume-based revenue $9.2M, down 12%
Gross margin 72% vs 73% YoY; net income $4.8M vs $3.0M loss
Cash $31.2M vs $42.2M at December 31, 2025; working capital $100.7M vs $92.0M
Near-term headwinds: elevated inventories, soft demand, longer purchase cycles, export restrictions, and geopolitical tensions

Risk Factors

No material changes from 2025 Form 10-K risk factors filed February 24, 2026
Carried-forward risks could materially adversely affect results of operations or financial condition
Additional unknown or currently immaterial risks could impair business or results of operations
No stock repurchases during first quarter 2026, limiting evidence of capital-return activity
No director or officer adopted or terminated Rule 10b5-1 arrangements during quarter ended March 31, 2026

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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PDF SOLUTIONS INC (PDFS) Q1 2026 10-Q Quarterly Report