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Side-by-side financial comparison of FIVE STAR BANCORP (FSBC) 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 $45.1M, roughly 1.4× FIVE STAR BANCORP). FIVE STAR BANCORP runs the higher net margin — 41.3% vs -0.1%, a 41.4% gap on every dollar of revenue. Over the past eight quarters, PDF SOLUTIONS INC's revenue compounded faster (22.9% CAGR vs 21.3%).

U.S. Bancorp is an American multinational banking institution headquartered in Minneapolis, Minnesota and incorporated in Delaware. It is the 5th-largest bank in the United States as of 2025. As the largest bank in the Midwestern United States, it is considered systemically important by the Financial Stability Board. It is the parent company of its primary operating entity, U.S. Bank National Association, which does business as U.S. Bank. The company provides banking, investment, mortgage, tr...

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.

FSBC vs PDFS — Head-to-Head

Bigger by revenue
PDFS
PDFS
1.4× larger
PDFS
$62.4M
$45.1M
FSBC
Higher net margin
FSBC
FSBC
41.4% more per $
FSBC
41.3%
-0.1%
PDFS
Faster 2-yr revenue CAGR
PDFS
PDFS
Annualised
PDFS
22.9%
21.3%
FSBC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FSBC
FSBC
PDFS
PDFS
Revenue
$45.1M
$62.4M
Net Profit
$18.6M
$-48.0K
Gross Margin
72.9%
Operating Margin
5.5%
Net Margin
41.3%
-0.1%
Revenue YoY
24.6%
Net Profit YoY
42.0%
-108.9%
EPS (diluted)
$0.87
$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
FSBC
FSBC
PDFS
PDFS
Q1 26
$45.1M
Q4 25
$43.5M
$62.4M
Q3 25
$41.3M
$57.1M
Q2 25
$38.3M
$51.7M
Q1 25
$35.3M
$47.8M
Q4 24
$35.2M
$50.1M
Q3 24
$31.8M
$46.4M
Q2 24
$30.7M
$41.7M
Net Profit
FSBC
FSBC
PDFS
PDFS
Q1 26
$18.6M
Q4 25
$17.6M
$-48.0K
Q3 25
$16.3M
$1.3M
Q2 25
$14.5M
$1.1M
Q1 25
$13.1M
$-3.0M
Q4 24
$13.3M
$539.0K
Q3 24
$10.9M
$2.2M
Q2 24
$10.8M
$1.7M
Gross Margin
FSBC
FSBC
PDFS
PDFS
Q1 26
Q4 25
72.9%
Q3 25
72.3%
Q2 25
71.2%
Q1 25
72.9%
Q4 24
68.3%
Q3 24
73.1%
Q2 24
70.6%
Operating Margin
FSBC
FSBC
PDFS
PDFS
Q1 26
Q4 25
52.9%
5.5%
Q3 25
53.8%
8.5%
Q2 25
52.4%
2.2%
Q1 25
52.0%
-7.4%
Q4 24
55.1%
1.0%
Q3 24
48.0%
4.6%
Q2 24
49.4%
0.6%
Net Margin
FSBC
FSBC
PDFS
PDFS
Q1 26
41.3%
Q4 25
40.6%
-0.1%
Q3 25
39.6%
2.3%
Q2 25
37.9%
2.2%
Q1 25
37.1%
-6.3%
Q4 24
37.9%
1.1%
Q3 24
34.4%
4.8%
Q2 24
35.2%
4.1%
EPS (diluted)
FSBC
FSBC
PDFS
PDFS
Q1 26
$0.87
Q4 25
$0.83
$0.00
Q3 25
$0.77
$0.03
Q2 25
$0.68
$0.03
Q1 25
$0.62
$-0.08
Q4 24
$0.61
$0.01
Q3 24
$0.52
$0.06
Q2 24
$0.51
$0.04

Balance Sheet & Financial Strength

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

Metric
FSBC
FSBC
PDFS
PDFS
Cash + ST InvestmentsLiquidity on hand
$644.4M
$42.2M
Total DebtLower is stronger
$67.0M
Stockholders' EquityBook value
$458.5M
$271.0M
Total Assets
$5.0B
$418.7M
Debt / EquityLower = less leverage
0.25×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FSBC
FSBC
PDFS
PDFS
Q1 26
$644.4M
Q4 25
$42.2M
Q3 25
$35.9M
Q2 25
$40.4M
Q1 25
$54.1M
Q4 24
$114.9M
Q3 24
$120.2M
Q2 24
$117.9M
Total Debt
FSBC
FSBC
PDFS
PDFS
Q1 26
Q4 25
$67.0M
Q3 25
$67.6M
Q2 25
$68.1M
Q1 25
$68.7M
Q4 24
Q3 24
Q2 24
Stockholders' Equity
FSBC
FSBC
PDFS
PDFS
Q1 26
$458.5M
Q4 25
$445.8M
$271.0M
Q3 25
$431.3M
$264.4M
Q2 25
$416.7M
$257.5M
Q1 25
$406.5M
$249.0M
Q4 24
$396.6M
$246.0M
Q3 24
$389.9M
$240.5M
Q2 24
$380.5M
$232.2M
Total Assets
FSBC
FSBC
PDFS
PDFS
Q1 26
$5.0B
Q4 25
$4.8B
$418.7M
Q3 25
$4.6B
$406.4M
Q2 25
$4.4B
$391.1M
Q1 25
$4.2B
$390.0M
Q4 24
$4.1B
$315.3M
Q3 24
$3.9B
$307.4M
Q2 24
$3.6B
$298.0M
Debt / Equity
FSBC
FSBC
PDFS
PDFS
Q1 26
Q4 25
0.25×
Q3 25
0.26×
Q2 25
0.26×
Q1 25
0.28×
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
FSBC
FSBC
PDFS
PDFS
Operating Cash FlowLast quarter
$17.3M
Free Cash FlowOCF − Capex
$7.5M
FCF MarginFCF / Revenue
12.1%
Capex IntensityCapex / Revenue
15.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-8.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FSBC
FSBC
PDFS
PDFS
Q1 26
Q4 25
$72.6M
$17.3M
Q3 25
$18.8M
$3.3M
Q2 25
$17.8M
$-5.2M
Q1 25
$15.5M
$8.6M
Q4 24
$51.8M
$1.6M
Q3 24
$17.5M
$9.3M
Q2 24
$16.0M
$684.0K
Free Cash Flow
FSBC
FSBC
PDFS
PDFS
Q1 26
Q4 25
$71.4M
$7.5M
Q3 25
$18.6M
$-2.9M
Q2 25
$17.5M
$-13.8M
Q1 25
$15.4M
$535.0K
Q4 24
$51.2M
$-4.0M
Q3 24
$17.3M
$5.1M
Q2 24
$15.8M
$-4.6M
FCF Margin
FSBC
FSBC
PDFS
PDFS
Q1 26
Q4 25
164.3%
12.1%
Q3 25
45.0%
-5.1%
Q2 25
45.8%
-26.6%
Q1 25
43.5%
1.1%
Q4 24
145.5%
-8.0%
Q3 24
54.5%
11.0%
Q2 24
51.6%
-11.1%
Capex Intensity
FSBC
FSBC
PDFS
PDFS
Q1 26
Q4 25
2.8%
15.7%
Q3 25
0.5%
10.8%
Q2 25
0.6%
16.5%
Q1 25
0.3%
17.0%
Q4 24
1.8%
11.3%
Q3 24
0.7%
9.0%
Q2 24
0.7%
12.8%
Cash Conversion
FSBC
FSBC
PDFS
PDFS
Q1 26
Q4 25
4.12×
Q3 25
1.15×
2.54×
Q2 25
1.23×
-4.55×
Q1 25
1.18×
Q4 24
3.89×
2.98×
Q3 24
1.60×
4.20×
Q2 24
1.49×
0.40×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FSBC
FSBC

Net Interest Income$43.5M96%
Noninterest Income$1.6M4%

PDFS
PDFS

Volumebased$38.0M61%
Other$24.4M39%

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