vs
Definitive Healthcare Corp.（DH）与PDF SOLUTIONS INC（PDFS）财务数据对比。点击上方公司名可切换其他公司
PDF SOLUTIONS INC的季度营收约是Definitive Healthcare Corp.的1.0倍（$62.4M vs $61.5M），PDF SOLUTIONS INC净利率更高（-0.1% vs -15.1%，领先15.1%），PDF SOLUTIONS INC同比增速更快（24.6% vs -1.2%），PDF SOLUTIONS INC自由现金流更多（$7.5M vs $-1.7M），过去两年PDF SOLUTIONS INC的营收复合增速更高（22.9% vs -1.5%）
该企业是一家美国公司，主打非处方医疗健康产品与家居清洁产品的营销和分销。公司于1996年由美德泰产品公司、威望品牌国际与斯皮克Span公司合并成立，总部设在纽约塔里敦，在弗吉尼亚州林奇堡设有生产工厂。
PDF Solutions Inc是一家总部位于美国加利福尼亚州圣克拉拉的跨国企业，主营软件业务与工程技术服务，目前在纳斯达克交易所挂牌上市，股票代码为PDFS。
DH vs PDFS — 直观对比
营收规模更大
PDFS
是对方的1.0倍
$61.5M
营收增速更快
PDFS
高出25.8%
-1.2%
净利率更高
PDFS
高出15.1%
-15.1%
自由现金流更多
PDFS
多$9.3M
$-1.7M
两年增速更快
PDFS
近两年复合增速
-1.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $61.5M | $62.4M |
| 净利润 | $-9.3M | $-48.0K |
| 毛利率 | 76.2% | 72.9% |
| 营业利润率 | -43.3% | 5.5% |
| 净利率 | -15.1% | -0.1% |
| 营收同比 | -1.2% | 24.6% |
| 净利润同比 | 84.2% | -108.9% |
| 每股收益（稀释后） | $-0.14 | $0.00 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收DHPDFS
| Q4 25 | $61.5M | $62.4M | ||
| Q3 25 | $60.0M | $57.1M | ||
| Q2 25 | $60.8M | $51.7M | ||
| Q1 25 | $59.2M | $47.8M | ||
| Q4 24 | $62.3M | $50.1M | ||
| Q3 24 | $62.7M | $46.4M | ||
| Q2 24 | $63.7M | $41.7M | ||
| Q1 24 | $63.5M | $41.3M |
净利润DHPDFS
| Q4 25 | $-9.3M | $-48.0K | ||
| Q3 25 | $-14.8M | $1.3M | ||
| Q2 25 | $-7.6M | $1.1M | ||
| Q1 25 | $-107.2M | $-3.0M | ||
| Q4 24 | $-59.1M | $539.0K | ||
| Q3 24 | $-130.9M | $2.2M | ||
| Q2 24 | $-213.6M | $1.7M | ||
| Q1 24 | $-9.5M | $-393.0K |
毛利率DHPDFS
| Q4 25 | 76.2% | 72.9% | ||
| Q3 25 | 76.6% | 72.3% | ||
| Q2 25 | 76.7% | 71.2% | ||
| Q1 25 | 73.9% | 72.9% | ||
| Q4 24 | 76.4% | 68.3% | ||
| Q3 24 | 78.2% | 73.1% | ||
| Q2 24 | 79.2% | 70.6% | ||
| Q1 24 | 79.4% | 67.3% |
营业利润率DHPDFS
| Q4 25 | -43.3% | 5.5% | ||
| Q3 25 | -14.5% | 8.5% | ||
| Q2 25 | -6.9% | 2.2% | ||
| Q1 25 | -312.2% | -7.4% | ||
| Q4 24 | -159.8% | 1.0% | ||
| Q3 24 | -359.5% | 4.6% | ||
| Q2 24 | -579.9% | 0.6% | ||
| Q1 24 | -25.6% | -4.7% |
净利率DHPDFS
| Q4 25 | -15.1% | -0.1% | ||
| Q3 25 | -24.7% | 2.3% | ||
| Q2 25 | -12.4% | 2.2% | ||
| Q1 25 | -181.2% | -6.3% | ||
| Q4 24 | -94.8% | 1.1% | ||
| Q3 24 | -208.8% | 4.8% | ||
| Q2 24 | -335.2% | 4.1% | ||
| Q1 24 | -15.0% | -1.0% |
每股收益（稀释后）DHPDFS
| Q4 25 | $-0.14 | $0.00 | ||
| Q3 25 | $-0.14 | $0.03 | ||
| Q2 25 | $-0.07 | $0.03 | ||
| Q1 25 | $-0.95 | $-0.08 | ||
| Q4 24 | $-0.53 | $0.01 | ||
| Q3 24 | $-1.12 | $0.06 | ||
| Q2 24 | $-1.81 | $0.04 | ||
| Q1 24 | $-0.08 | $-0.01 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $180.9M | $42.2M |
| 总债务越低越好 | $156.1M | $67.0M |
| 股东权益账面价值 | $379.0M | $271.0M |
| 总资产 | $735.5M | $418.7M |
| 负债/权益比越低杠杆越低 | 0.41× | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资DHPDFS
| Q4 25 | $180.9M | $42.2M | ||
| Q3 25 | $185.9M | $35.9M | ||
| Q2 25 | $184.2M | $40.4M | ||
| Q1 25 | $200.7M | $54.1M | ||
| Q4 24 | $290.2M | $114.9M | ||
| Q3 24 | $305.4M | $120.2M | ||
| Q2 24 | $296.5M | $117.9M | ||
| Q1 24 | $295.2M | $122.9M |
总债务DHPDFS
| Q4 25 | $156.1M | $67.0M | ||
| Q3 25 | $158.2M | $67.6M | ||
| Q2 25 | $160.3M | $68.1M | ||
| Q1 25 | $162.4M | $68.7M | ||
| Q4 24 | $229.4M | — | ||
| Q3 24 | $232.7M | — | ||
| Q2 24 | $236.0M | — | ||
| Q1 24 | $239.3M | — |
股东权益DHPDFS
| Q4 25 | $379.0M | $271.0M | ||
| Q3 25 | $389.7M | $264.4M | ||
| Q2 25 | $411.2M | $257.5M | ||
| Q1 25 | $435.9M | $249.0M | ||
| Q4 24 | $607.2M | $246.0M | ||
| Q3 24 | $695.6M | $240.5M | ||
| Q2 24 | $886.3M | $232.2M | ||
| Q1 24 | $1.2B | $225.4M |
总资产DHPDFS
| Q4 25 | $735.5M | $418.7M | ||
| Q3 25 | $755.5M | $406.4M | ||
| Q2 25 | $770.1M | $391.1M | ||
| Q1 25 | $808.7M | $390.0M | ||
| Q4 24 | $1.1B | $315.3M | ||
| Q3 24 | $1.2B | $307.4M | ||
| Q2 24 | $1.4B | $298.0M | ||
| Q1 24 | $1.8B | $286.8M |
负债/权益比DHPDFS
| Q4 25 | 0.41× | 0.25× | ||
| Q3 25 | 0.41× | 0.26× | ||
| Q2 25 | 0.39× | 0.26× | ||
| Q1 25 | 0.37× | 0.28× | ||
| Q4 24 | 0.38× | — | ||
| Q3 24 | 0.33× | — | ||
| Q2 24 | 0.27× | — | ||
| Q1 24 | 0.20× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $2.7M | $17.3M |
| 自由现金流经营现金流 - 资本支出 | $-1.7M | $7.5M |
| 自由现金流率自由现金流/营收 | -2.8% | 12.1% |
| 资本支出强度资本支出/营收 | 7.2% | 15.7% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $37.1M | $-8.6M |
8季度趋势，按日历期对齐
经营现金流DHPDFS
| Q4 25 | $2.7M | $17.3M | ||
| Q3 25 | $15.7M | $3.3M | ||
| Q2 25 | $9.3M | $-5.2M | ||
| Q1 25 | $26.1M | $8.6M | ||
| Q4 24 | $8.1M | $1.6M | ||
| Q3 24 | $19.4M | $9.3M | ||
| Q2 24 | $14.0M | $684.0K | ||
| Q1 24 | $16.6M | $-1.9M |
自由现金流DHPDFS
| Q4 25 | $-1.7M | $7.5M | ||
| Q3 25 | $13.4M | $-2.9M | ||
| Q2 25 | $7.0M | $-13.8M | ||
| Q1 25 | $18.4M | $535.0K | ||
| Q4 24 | $-2.8M | $-4.0M | ||
| Q3 24 | $18.7M | $5.1M | ||
| Q2 24 | $13.6M | $-4.6M | ||
| Q1 24 | $16.3M | $-3.9M |
自由现金流率DHPDFS
| Q4 25 | -2.8% | 12.1% | ||
| Q3 25 | 22.3% | -5.1% | ||
| Q2 25 | 11.5% | -26.6% | ||
| Q1 25 | 31.0% | 1.1% | ||
| Q4 24 | -4.4% | -8.0% | ||
| Q3 24 | 29.8% | 11.0% | ||
| Q2 24 | 21.4% | -11.1% | ||
| Q1 24 | 25.7% | -9.4% |
资本支出强度DHPDFS
| Q4 25 | 7.2% | 15.7% | ||
| Q3 25 | 3.8% | 10.8% | ||
| Q2 25 | 3.8% | 16.5% | ||
| Q1 25 | 13.0% | 17.0% | ||
| Q4 24 | 17.5% | 11.3% | ||
| Q3 24 | 1.2% | 9.0% | ||
| Q2 24 | 0.6% | 12.8% | ||
| Q1 24 | 0.4% | 4.9% |
现金转化率DHPDFS
| 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 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
DH
| Subscription Services | $58.5M | 95% |
| Professional Services | $3.0M | 5% |
PDFS
| Volumebased | $38.0M | 61% |
| Other | $24.4M | 39% |
