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Side-by-side financial comparison of Cronos Group Inc. (CRON) and PDF SOLUTIONS INC (PDFS). Click either name above to swap in a different company.

PDF SOLUTIONS INC is the larger business by last-quarter revenue ($62.4M vs $44.5M, roughly 1.4× Cronos Group Inc.). PDF SOLUTIONS INC runs the higher net margin — -0.1% vs -4.1%, a 4.0% gap on every dollar of revenue. On growth, Cronos Group Inc. posted the faster year-over-year revenue change (47.0% vs 24.6%). Cronos Group Inc. produced more free cash flow last quarter ($9.7M vs $7.5M). Over the past eight quarters, Cronos Group Inc.'s revenue compounded faster (32.7% CAGR vs 22.9%).

Cronos Group Inc. is a global cannabinoid firm specializing in cultivation, processing, and distribution of cannabis-derived products including wellness supplements, consumer goods, and medical cannabis. It serves North America, Europe, and Asia Pacific, catering to regulated recreational and medical consumer segments with quality-controlled offerings.

PDF Solutions, Inc. is an American multinational software and engineering services company based in Santa Clara, California. The company is listed in the Nasdaq stock exchange under the ticker symbol PDFS.

CRON vs PDFS — Head-to-Head

Bigger by revenue
PDFS
PDFS
1.4× larger
PDFS
$62.4M
$44.5M
CRON
Growing faster (revenue YoY)
CRON
CRON
+22.4% gap
CRON
47.0%
24.6%
PDFS
Higher net margin
PDFS
PDFS
4.0% more per $
PDFS
-0.1%
-4.1%
CRON
More free cash flow
CRON
CRON
$2.1M more FCF
CRON
$9.7M
$7.5M
PDFS
Faster 2-yr revenue CAGR
CRON
CRON
Annualised
CRON
32.7%
22.9%
PDFS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CRON
CRON
PDFS
PDFS
Revenue
$44.5M
$62.4M
Net Profit
$-1.8M
$-48.0K
Gross Margin
36.4%
72.9%
Operating Margin
-16.8%
5.5%
Net Margin
-4.1%
-0.1%
Revenue YoY
47.0%
24.6%
Net Profit YoY
-104.2%
-108.9%
EPS (diluted)
$-0.01
$0.00

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CRON
CRON
PDFS
PDFS
Q4 25
$44.5M
$62.4M
Q3 25
$36.3M
$57.1M
Q2 25
$33.5M
$51.7M
Q1 25
$32.3M
$47.8M
Q4 24
$30.3M
$50.1M
Q3 24
$34.3M
$46.4M
Q2 24
$27.8M
$41.7M
Q1 24
$25.3M
$41.3M
Net Profit
CRON
CRON
PDFS
PDFS
Q4 25
$-1.8M
$-48.0K
Q3 25
$26.0M
$1.3M
Q2 25
$-39.7M
$1.1M
Q1 25
$6.1M
$-3.0M
Q4 24
$43.7M
$539.0K
Q3 24
$8.3M
$2.2M
Q2 24
$-8.8M
$1.7M
Q1 24
$-2.2M
$-393.0K
Gross Margin
CRON
CRON
PDFS
PDFS
Q4 25
36.4%
72.9%
Q3 25
50.4%
72.3%
Q2 25
43.4%
71.2%
Q1 25
42.6%
72.9%
Q4 24
35.7%
68.3%
Q3 24
10.5%
73.1%
Q2 24
22.7%
70.6%
Q1 24
17.7%
67.3%
Operating Margin
CRON
CRON
PDFS
PDFS
Q4 25
-16.8%
5.5%
Q3 25
-1.4%
8.5%
Q2 25
-15.9%
2.2%
Q1 25
-12.6%
-7.4%
Q4 24
-37.5%
1.0%
Q3 24
-98.2%
4.6%
Q2 24
-56.1%
0.6%
Q1 24
-63.1%
-4.7%
Net Margin
CRON
CRON
PDFS
PDFS
Q4 25
-4.1%
-0.1%
Q3 25
71.4%
2.3%
Q2 25
-118.7%
2.2%
Q1 25
19.0%
-6.3%
Q4 24
144.3%
1.1%
Q3 24
24.4%
4.8%
Q2 24
-31.5%
4.1%
Q1 24
-8.9%
-1.0%
EPS (diluted)
CRON
CRON
PDFS
PDFS
Q4 25
$-0.01
$0.00
Q3 25
$0.07
$0.03
Q2 25
$-0.10
$0.03
Q1 25
$0.02
$-0.08
Q4 24
$0.12
$0.01
Q3 24
$0.02
$0.06
Q2 24
$-0.02
$0.04
Q1 24
$-0.01
$-0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CRON
CRON
PDFS
PDFS
Cash + ST InvestmentsLiquidity on hand
$831.8M
$42.2M
Total DebtLower is stronger
$67.0M
Stockholders' EquityBook value
$1.1B
$271.0M
Total Assets
$1.2B
$418.7M
Debt / EquityLower = less leverage
0.25×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRON
CRON
PDFS
PDFS
Q4 25
$831.8M
$42.2M
Q3 25
$824.2M
$35.9M
Q2 25
$834.4M
$40.4M
Q1 25
$837.8M
$54.1M
Q4 24
$858.8M
$114.9M
Q3 24
$862.0M
$120.2M
Q2 24
$848.2M
$117.9M
Q1 24
$855.1M
$122.9M
Total Debt
CRON
CRON
PDFS
PDFS
Q4 25
$67.0M
Q3 25
$67.6M
Q2 25
$68.1M
Q1 25
$68.7M
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
CRON
CRON
PDFS
PDFS
Q4 25
$1.1B
$271.0M
Q3 25
$1.1B
$264.4M
Q2 25
$1.1B
$257.5M
Q1 25
$1.1B
$249.0M
Q4 24
$1.1B
$246.0M
Q3 24
$1.1B
$240.5M
Q2 24
$1.1B
$232.2M
Q1 24
$1.1B
$225.4M
Total Assets
CRON
CRON
PDFS
PDFS
Q4 25
$1.2B
$418.7M
Q3 25
$1.2B
$406.4M
Q2 25
$1.2B
$391.1M
Q1 25
$1.2B
$390.0M
Q4 24
$1.2B
$315.3M
Q3 24
$1.2B
$307.4M
Q2 24
$1.1B
$298.0M
Q1 24
$1.1B
$286.8M
Debt / Equity
CRON
CRON
PDFS
PDFS
Q4 25
0.25×
Q3 25
0.26×
Q2 25
0.26×
Q1 25
0.28×
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CRON
CRON
PDFS
PDFS
Operating Cash FlowLast quarter
$11.8M
$17.3M
Free Cash FlowOCF − Capex
$9.7M
$7.5M
FCF MarginFCF / Revenue
21.8%
12.1%
Capex IntensityCapex / Revenue
4.8%
15.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$149.0K
$-8.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRON
CRON
PDFS
PDFS
Q4 25
$11.8M
$17.3M
Q3 25
$13.3M
$3.3M
Q2 25
$2.8M
$-5.2M
Q1 25
$-2.1M
$8.6M
Q4 24
$7.7M
$1.6M
Q3 24
$11.6M
$9.3M
Q2 24
$1.7M
$684.0K
Q1 24
$-2.2M
$-1.9M
Free Cash Flow
CRON
CRON
PDFS
PDFS
Q4 25
$9.7M
$7.5M
Q3 25
$8.8M
$-2.9M
Q2 25
$-1.0M
$-13.8M
Q1 25
$-17.4M
$535.0K
Q4 24
$4.2M
$-4.0M
Q3 24
$5.2M
$5.1M
Q2 24
$1.0M
$-4.6M
Q1 24
$-3.9M
$-3.9M
FCF Margin
CRON
CRON
PDFS
PDFS
Q4 25
21.8%
12.1%
Q3 25
24.3%
-5.1%
Q2 25
-3.0%
-26.6%
Q1 25
-53.8%
1.1%
Q4 24
13.8%
-8.0%
Q3 24
15.1%
11.0%
Q2 24
3.7%
-11.1%
Q1 24
-15.5%
-9.4%
Capex Intensity
CRON
CRON
PDFS
PDFS
Q4 25
4.8%
15.7%
Q3 25
12.3%
10.8%
Q2 25
11.5%
16.5%
Q1 25
47.3%
17.0%
Q4 24
11.7%
11.3%
Q3 24
18.7%
9.0%
Q2 24
2.6%
12.8%
Q1 24
6.8%
4.9%
Cash Conversion
CRON
CRON
PDFS
PDFS
Q4 25
Q3 25
0.51×
2.54×
Q2 25
-4.55×
Q1 25
-0.34×
Q4 24
0.18×
2.98×
Q3 24
1.39×
4.20×
Q2 24
0.40×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CRON
CRON

Cannabis Flower$33.7M76%
Cannabis Extracts$10.8M24%

PDFS
PDFS

Volumebased$38.0M61%
Other$24.4M39%

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