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Side-by-side financial comparison of PDF SOLUTIONS INC (PDFS) and WESTAMERICA BANCORPORATION (WABC). Click either name above to swap in a different company.
WESTAMERICA BANCORPORATION is the larger business by last-quarter revenue ($63.3M vs $62.4M, roughly 1.0× PDF SOLUTIONS INC). WESTAMERICA BANCORPORATION runs the higher net margin — 43.9% vs -0.1%, a 44.0% gap on every dollar of revenue. On growth, PDF SOLUTIONS INC posted the faster year-over-year revenue change (24.6% vs -9.0%). WESTAMERICA BANCORPORATION produced more free cash flow last quarter ($119.7M vs $7.5M). Over the past eight quarters, PDF SOLUTIONS INC's revenue compounded faster (22.9% CAGR vs -8.6%).
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.
Westamerica Bancorporation is a regional bank holding company headquartered in California, U.S. It operates via its wholly owned banking subsidiary to provide full-spectrum retail and commercial banking services, including deposit products, business and consumer loans, wealth management, and payment services, primarily serving individual consumers, SMEs and local institutional clients in northern and central California.
PDFS vs WABC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $62.4M | $63.3M |
| Net Profit | $-48.0K | $27.8M |
| Gross Margin | 72.9% | — |
| Operating Margin | 5.5% | 59.8% |
| Net Margin | -0.1% | 43.9% |
| Revenue YoY | 24.6% | -9.0% |
| Net Profit YoY | -108.9% | -12.3% |
| EPS (diluted) | $0.00 | $1.12 |
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.
| Q4 25 | $62.4M | $63.3M | ||
| Q3 25 | $57.1M | $63.7M | ||
| Q2 25 | $51.7M | $64.6M | ||
| Q1 25 | $47.8M | $66.4M | ||
| Q4 24 | $50.1M | $69.6M | ||
| Q3 24 | $46.4M | $74.1M | ||
| Q2 24 | $41.7M | $74.3M | ||
| Q1 24 | $41.3M | $75.8M |
| Q4 25 | $-48.0K | $27.8M | ||
| Q3 25 | $1.3M | $28.3M | ||
| Q2 25 | $1.1M | $29.1M | ||
| Q1 25 | $-3.0M | $31.0M | ||
| Q4 24 | $539.0K | $31.7M | ||
| Q3 24 | $2.2M | $35.1M | ||
| Q2 24 | $1.7M | $35.5M | ||
| Q1 24 | $-393.0K | $36.4M |
| 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% | — |
| Q4 25 | 5.5% | 59.8% | ||
| Q3 25 | 8.5% | 59.5% | ||
| Q2 25 | 2.2% | 60.5% | ||
| Q1 25 | -7.4% | 63.0% | ||
| Q4 24 | 1.0% | 62.8% | ||
| Q3 24 | 4.6% | 64.5% | ||
| Q2 24 | 0.6% | 64.8% | ||
| Q1 24 | -4.7% | 65.2% |
| Q4 25 | -0.1% | 43.9% | ||
| Q3 25 | 2.3% | 44.3% | ||
| Q2 25 | 2.2% | 45.0% | ||
| Q1 25 | -6.3% | 46.7% | ||
| Q4 24 | 1.1% | 45.6% | ||
| Q3 24 | 4.8% | 47.3% | ||
| Q2 24 | 4.1% | 47.8% | ||
| Q1 24 | -1.0% | 48.0% |
| Q4 25 | $0.00 | $1.12 | ||
| Q3 25 | $0.03 | $1.12 | ||
| Q2 25 | $0.03 | $1.12 | ||
| Q1 25 | $-0.08 | $1.16 | ||
| Q4 24 | $0.01 | $1.19 | ||
| Q3 24 | $0.06 | $1.31 | ||
| Q2 24 | $0.04 | $1.33 | ||
| Q1 24 | $-0.01 | $1.37 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $42.2M | — |
| Total DebtLower is stronger | $67.0M | — |
| Stockholders' EquityBook value | $271.0M | $933.5M |
| Total Assets | $418.7M | $6.0B |
| Debt / EquityLower = less leverage | 0.25× | — |
8-quarter trend — quarters aligned by calendar period.
| 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 | — |
| Q4 25 | $67.0M | — | ||
| Q3 25 | $67.6M | — | ||
| Q2 25 | $68.1M | — | ||
| Q1 25 | $68.7M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $271.0M | $933.5M | ||
| Q3 25 | $264.4M | $931.6M | ||
| Q2 25 | $257.5M | $921.8M | ||
| Q1 25 | $249.0M | $923.1M | ||
| Q4 24 | $246.0M | $890.0M | ||
| Q3 24 | $240.5M | $909.0M | ||
| Q2 24 | $232.2M | $815.6M | ||
| Q1 24 | $225.4M | $791.7M |
| Q4 25 | $418.7M | $6.0B | ||
| Q3 25 | $406.4M | $5.9B | ||
| Q2 25 | $391.1M | $5.8B | ||
| Q1 25 | $390.0M | $6.0B | ||
| Q4 24 | $315.3M | $6.1B | ||
| Q3 24 | $307.4M | $6.2B | ||
| Q2 24 | $298.0M | $6.3B | ||
| Q1 24 | $286.8M | $6.5B |
| 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 | ||
|---|---|---|
| Operating Cash FlowLast quarter | $17.3M | $121.9M |
| Free Cash FlowOCF − Capex | $7.5M | $119.7M |
| FCF MarginFCF / Revenue | 12.1% | 189.0% |
| Capex IntensityCapex / Revenue | 15.7% | 3.5% |
| Cash ConversionOCF / Net Profit | — | 4.38× |
| TTM Free Cash FlowTrailing 4 quarters | $-8.6M | $213.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $17.3M | $121.9M | ||
| Q3 25 | $3.3M | $29.4M | ||
| Q2 25 | $-5.2M | $23.5M | ||
| Q1 25 | $8.6M | $42.4M | ||
| Q4 24 | $1.6M | $141.6M | ||
| Q3 24 | $9.3M | $40.6M | ||
| Q2 24 | $684.0K | $19.0M | ||
| Q1 24 | $-1.9M | $52.2M |
| Q4 25 | $7.5M | $119.7M | ||
| Q3 25 | $-2.9M | $28.7M | ||
| Q2 25 | $-13.8M | $22.8M | ||
| Q1 25 | $535.0K | $42.2M | ||
| Q4 24 | $-4.0M | $139.8M | ||
| Q3 24 | $5.1M | $40.1M | ||
| Q2 24 | $-4.6M | $18.6M | ||
| Q1 24 | $-3.9M | $52.1M |
| Q4 25 | 12.1% | 189.0% | ||
| Q3 25 | -5.1% | 45.1% | ||
| Q2 25 | -26.6% | 35.3% | ||
| Q1 25 | 1.1% | 63.5% | ||
| Q4 24 | -8.0% | 201.0% | ||
| Q3 24 | 11.0% | 54.1% | ||
| Q2 24 | -11.1% | 25.0% | ||
| Q1 24 | -9.4% | 68.7% |
| Q4 25 | 15.7% | 3.5% | ||
| Q3 25 | 10.8% | 1.1% | ||
| Q2 25 | 16.5% | 1.1% | ||
| Q1 25 | 17.0% | 0.3% | ||
| Q4 24 | 11.3% | 2.5% | ||
| Q3 24 | 9.0% | 0.7% | ||
| Q2 24 | 12.8% | 0.6% | ||
| Q1 24 | 4.9% | 0.2% |
| Q4 25 | — | 4.38× | ||
| Q3 25 | 2.54× | 1.04× | ||
| Q2 25 | -4.55× | 0.81× | ||
| Q1 25 | — | 1.37× | ||
| Q4 24 | 2.98× | 4.47× | ||
| Q3 24 | 4.20× | 1.16× | ||
| Q2 24 | 0.40× | 0.54× | ||
| Q1 24 | — | 1.43× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PDFS
| Volumebased | $38.0M | 61% |
| Other | $24.4M | 39% |
WABC
Segment breakdown not available.