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

PDF SOLUTIONS INC is the larger business by last-quarter revenue ($62.4M vs $43.2M, roughly 1.4× ATRenew Inc.). ATRenew Inc. runs the higher net margin — 16.9% vs -0.1%, a 17.0% gap on every dollar of revenue.

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.

ATRenew Inc. operates a leading pre-owned consumer electronics transaction and servicing ecosystem primarily in China. Its core services include end-to-end device recycling, professional quality inspection, certified refurbishment, and resale of smartphones, laptops, tablets and other digital products, serving both individual consumers and enterprise clients across domestic and select Southeast Asian markets.

PDFS vs RERE — Head-to-Head

Bigger by revenue
PDFS
PDFS
1.4× larger
PDFS
$62.4M
$43.2M
RERE
Higher net margin
RERE
RERE
17.0% more per $
RERE
16.9%
-0.1%
PDFS

Income Statement — Q4 FY2025 vs Q1 FY2023

Metric
PDFS
PDFS
RERE
RERE
Revenue
$62.4M
$43.2M
Net Profit
$-48.0K
$7.3M
Gross Margin
72.9%
Operating Margin
5.5%
Net Margin
-0.1%
16.9%
Revenue YoY
24.6%
Net Profit YoY
-108.9%
EPS (diluted)
$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
PDFS
PDFS
RERE
RERE
Q4 25
$62.4M
Q3 25
$57.1M
Q2 25
$51.7M
Q1 25
$47.8M
Q4 24
$50.1M
Q3 24
$46.4M
Q2 24
$41.7M
Q1 24
$41.3M
Net Profit
PDFS
PDFS
RERE
RERE
Q4 25
$-48.0K
Q3 25
$1.3M
Q2 25
$1.1M
Q1 25
$-3.0M
Q4 24
$539.0K
Q3 24
$2.2M
Q2 24
$1.7M
Q1 24
$-393.0K
Gross Margin
PDFS
PDFS
RERE
RERE
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
PDFS
PDFS
RERE
RERE
Q4 25
5.5%
Q3 25
8.5%
Q2 25
2.2%
Q1 25
-7.4%
Q4 24
1.0%
Q3 24
4.6%
Q2 24
0.6%
Q1 24
-4.7%
Net Margin
PDFS
PDFS
RERE
RERE
Q4 25
-0.1%
Q3 25
2.3%
Q2 25
2.2%
Q1 25
-6.3%
Q4 24
1.1%
Q3 24
4.8%
Q2 24
4.1%
Q1 24
-1.0%
EPS (diluted)
PDFS
PDFS
RERE
RERE
Q4 25
$0.00
Q3 25
$0.03
Q2 25
$0.03
Q1 25
$-0.08
Q4 24
$0.01
Q3 24
$0.06
Q2 24
$0.04
Q1 24
$-0.01

Balance Sheet & Financial Strength

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

Metric
PDFS
PDFS
RERE
RERE
Cash + ST InvestmentsLiquidity on hand
$42.2M
$228.0M
Total DebtLower is stronger
$67.0M
Stockholders' EquityBook value
$271.0M
$557.1M
Total Assets
$418.7M
$722.9M
Debt / EquityLower = less leverage
0.25×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PDFS
PDFS
RERE
RERE
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
Q1 24
$122.9M
Total Debt
PDFS
PDFS
RERE
RERE
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
PDFS
PDFS
RERE
RERE
Q4 25
$271.0M
Q3 25
$264.4M
Q2 25
$257.5M
Q1 25
$249.0M
Q4 24
$246.0M
Q3 24
$240.5M
Q2 24
$232.2M
Q1 24
$225.4M
Total Assets
PDFS
PDFS
RERE
RERE
Q4 25
$418.7M
Q3 25
$406.4M
Q2 25
$391.1M
Q1 25
$390.0M
Q4 24
$315.3M
Q3 24
$307.4M
Q2 24
$298.0M
Q1 24
$286.8M
Debt / Equity
PDFS
PDFS
RERE
RERE
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
PDFS
PDFS
RERE
RERE
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
PDFS
PDFS
RERE
RERE
Q4 25
$17.3M
Q3 25
$3.3M
Q2 25
$-5.2M
Q1 25
$8.6M
Q4 24
$1.6M
Q3 24
$9.3M
Q2 24
$684.0K
Q1 24
$-1.9M
Free Cash Flow
PDFS
PDFS
RERE
RERE
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
PDFS
PDFS
RERE
RERE
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
PDFS
PDFS
RERE
RERE
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
PDFS
PDFS
RERE
RERE
Q4 25
Q3 25
2.54×
Q2 25
-4.55×
Q1 25
Q4 24
2.98×
Q3 24
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

PDFS
PDFS

Volumebased$38.0M61%
Other$24.4M39%

RERE
RERE

Segment breakdown not available.

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