PDF Solutions reports record Q2 revenue of $51.7 million, up 24%; reaffirms guidance
PDF Solutions reported second-quarter 2025 revenue of $51.7 million, up 24% from a year earlier and up from $47.8 million in the first quarter, and reaffirmed its 21-23% annual revenue growth guidance for 2025. GAAP net income was $1.1 million, or $0.03 per diluted share, down from $1.7 million in the second quarter of 2024 but a swing from a loss in the first quarter of 2025, so shareholders see strong top-line growth alongside lower year-over-year GAAP profit.
Key points
- Q2 2025 total revenues were $51.7 million, up from $41.7 million in Q2 2024 and $47.8 million in Q1 2025.
- GAAP net income was $1.1 million, or $0.03 per diluted share, versus $1.7 million ($0.04) in Q2 2024 and a net loss of $3.0 million in Q1 2025.
- Non-GAAP diluted EPS was $0.19, compared with $0.18 in Q2 2024 and $0.21 in Q1 2025.
- Management reaffirmed 21-23% annual revenue growth guidance for 2025; operating cash flow was negative $5.2 million in Q2 2025.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:57 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 07, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.