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Side-by-side financial comparison of DORIAN LPG LTD. (LPG) and PDF SOLUTIONS INC (PDFS). Click either name above to swap in a different company.

DORIAN LPG LTD. is the larger business by last-quarter revenue ($120.0M vs $62.4M, roughly 1.9× PDF SOLUTIONS INC). DORIAN LPG LTD. runs the higher net margin — 39.3% vs -0.1%, a 39.4% gap on every dollar of revenue. On growth, DORIAN LPG LTD. posted the faster year-over-year revenue change (48.7% vs 24.6%). Over the past eight quarters, PDF SOLUTIONS INC's revenue compounded faster (22.9% CAGR vs -7.9%).

Dorian LPG Ltd. is a leading international shipping company focused on the seaborne transportation of liquefied petroleum gas (LPG). It owns and operates a modern fleet of very large gas carriers, serving energy and petrochemical industry clients across key markets including North America, Asia and Europe.

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.

LPG vs PDFS — Head-to-Head

Bigger by revenue
LPG
LPG
1.9× larger
LPG
$120.0M
$62.4M
PDFS
Growing faster (revenue YoY)
LPG
LPG
+24.1% gap
LPG
48.7%
24.6%
PDFS
Higher net margin
LPG
LPG
39.4% more per $
LPG
39.3%
-0.1%
PDFS
Faster 2-yr revenue CAGR
PDFS
PDFS
Annualised
PDFS
22.9%
-7.9%
LPG

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
LPG
LPG
PDFS
PDFS
Revenue
$120.0M
$62.4M
Net Profit
$47.2M
$-48.0K
Gross Margin
72.9%
Operating Margin
42.8%
5.5%
Net Margin
39.3%
-0.1%
Revenue YoY
48.7%
24.6%
Net Profit YoY
120.9%
-108.9%
EPS (diluted)
$1.11
$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
LPG
LPG
PDFS
PDFS
Q4 25
$120.0M
$62.4M
Q3 25
$124.1M
$57.1M
Q2 25
$84.2M
$51.7M
Q1 25
$75.9M
$47.8M
Q4 24
$80.7M
$50.1M
Q3 24
$82.4M
$46.4M
Q2 24
$114.4M
$41.7M
Q1 24
$141.4M
$41.3M
Net Profit
LPG
LPG
PDFS
PDFS
Q4 25
$47.2M
$-48.0K
Q3 25
$55.4M
$1.3M
Q2 25
$10.1M
$1.1M
Q1 25
$8.1M
$-3.0M
Q4 24
$21.4M
$539.0K
Q3 24
$9.4M
$2.2M
Q2 24
$51.3M
$1.7M
Q1 24
$79.2M
$-393.0K
Gross Margin
LPG
LPG
PDFS
PDFS
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%
Q1 24
67.3%
Operating Margin
LPG
LPG
PDFS
PDFS
Q4 25
42.8%
5.5%
Q3 25
47.8%
8.5%
Q2 25
18.5%
2.2%
Q1 25
19.4%
-7.4%
Q4 24
29.0%
1.0%
Q3 24
23.2%
4.6%
Q2 24
48.5%
0.6%
Q1 24
58.3%
-4.7%
Net Margin
LPG
LPG
PDFS
PDFS
Q4 25
39.3%
-0.1%
Q3 25
44.6%
2.3%
Q2 25
12.0%
2.2%
Q1 25
10.7%
-6.3%
Q4 24
26.5%
1.1%
Q3 24
11.4%
4.8%
Q2 24
44.9%
4.1%
Q1 24
56.0%
-1.0%
EPS (diluted)
LPG
LPG
PDFS
PDFS
Q4 25
$1.11
$0.00
Q3 25
$1.30
$0.03
Q2 25
$0.24
$0.03
Q1 25
$0.17
$-0.08
Q4 24
$0.50
$0.01
Q3 24
$0.22
$0.06
Q2 24
$1.25
$0.04
Q1 24
$1.96
$-0.01

Balance Sheet & Financial Strength

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

Metric
LPG
LPG
PDFS
PDFS
Cash + ST InvestmentsLiquidity on hand
$294.5M
$42.2M
Total DebtLower is stronger
$513.2M
$67.0M
Stockholders' EquityBook value
$1.1B
$271.0M
Total Assets
$1.8B
$418.7M
Debt / EquityLower = less leverage
0.47×
0.25×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LPG
LPG
PDFS
PDFS
Q4 25
$294.5M
$42.2M
Q3 25
$268.3M
$35.9M
Q2 25
$277.9M
$40.4M
Q1 25
$316.9M
$54.1M
Q4 24
$314.5M
$114.9M
Q3 24
$348.6M
$120.2M
Q2 24
$353.3M
$117.9M
Q1 24
$282.5M
$122.9M
Total Debt
LPG
LPG
PDFS
PDFS
Q4 25
$513.2M
$67.0M
Q3 25
$526.4M
$67.6M
Q2 25
$539.6M
$68.1M
Q1 25
$553.3M
$68.7M
Q4 24
$565.9M
Q3 24
$579.0M
Q2 24
$592.1M
Q1 24
$605.1M
Stockholders' Equity
LPG
LPG
PDFS
PDFS
Q4 25
$1.1B
$271.0M
Q3 25
$1.1B
$264.4M
Q2 25
$1.0B
$257.5M
Q1 25
$1.0B
$249.0M
Q4 24
$1.1B
$246.0M
Q3 24
$1.1B
$240.5M
Q2 24
$1.1B
$232.2M
Q1 24
$1.0B
$225.4M
Total Assets
LPG
LPG
PDFS
PDFS
Q4 25
$1.8B
$418.7M
Q3 25
$1.8B
$406.4M
Q2 25
$1.7B
$391.1M
Q1 25
$1.8B
$390.0M
Q4 24
$1.8B
$315.3M
Q3 24
$1.9B
$307.4M
Q2 24
$1.9B
$298.0M
Q1 24
$1.8B
$286.8M
Debt / Equity
LPG
LPG
PDFS
PDFS
Q4 25
0.47×
0.25×
Q3 25
0.49×
0.26×
Q2 25
0.52×
0.26×
Q1 25
0.53×
0.28×
Q4 24
0.53×
Q3 24
0.53×
Q2 24
0.53×
Q1 24
0.59×

Cash Flow & Capital Efficiency

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

Metric
LPG
LPG
PDFS
PDFS
Operating Cash FlowLast quarter
$80.8M
$17.3M
Free Cash FlowOCF − Capex
$7.5M
FCF MarginFCF / Revenue
12.1%
Capex IntensityCapex / Revenue
15.7%
Cash ConversionOCF / Net Profit
1.71×
TTM Free Cash FlowTrailing 4 quarters
$-8.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LPG
LPG
PDFS
PDFS
Q4 25
$80.8M
$17.3M
Q3 25
$46.4M
$3.3M
Q2 25
$814.5K
$-5.2M
Q1 25
$50.2M
$8.6M
Q4 24
$24.3M
$1.6M
Q3 24
$57.3M
$9.3M
Q2 24
$41.2M
$684.0K
Q1 24
$154.2M
$-1.9M
Free Cash Flow
LPG
LPG
PDFS
PDFS
Q4 25
$7.5M
Q3 25
$-2.9M
Q2 25
$-13.8M
Q1 25
$535.0K
Q4 24
$-4.0M
Q3 24
$5.1M
Q2 24
$-4.6M
Q1 24
$-3.9M
FCF Margin
LPG
LPG
PDFS
PDFS
Q4 25
12.1%
Q3 25
-5.1%
Q2 25
-26.6%
Q1 25
1.1%
Q4 24
-8.0%
Q3 24
11.0%
Q2 24
-11.1%
Q1 24
-9.4%
Capex Intensity
LPG
LPG
PDFS
PDFS
Q4 25
15.7%
Q3 25
10.8%
Q2 25
16.5%
Q1 25
17.0%
Q4 24
11.3%
Q3 24
9.0%
Q2 24
12.8%
Q1 24
4.9%
Cash Conversion
LPG
LPG
PDFS
PDFS
Q4 25
1.71×
Q3 25
0.84×
2.54×
Q2 25
0.08×
-4.55×
Q1 25
6.20×
Q4 24
1.14×
2.98×
Q3 24
6.08×
4.20×
Q2 24
0.80×
0.40×
Q1 24
1.95×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LPG
LPG

Segment breakdown not available.

PDFS
PDFS

Volumebased$38.0M61%
Other$24.4M39%

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