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HERITAGE COMMERCE CORP（HTBK）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HERITAGE COMMERCE CORP的1.2倍（$62.4M vs $53.6M），HERITAGE COMMERCE CORP净利率更高（28.2% vs -0.1%，领先28.3%），PDF SOLUTIONS INC同比增速更快（24.6% vs 15.6%），HERITAGE COMMERCE CORP自由现金流更多（$61.3M vs $7.5M），过去两年PDF SOLUTIONS INC的营收复合增速更高（22.9% vs 12.8%）
本文介绍的企业主体信息与内容描述不符，描述内容实际为美国商会，该商会成立于1912年4月23日，是美国规模最大的游说类商业协会 advocacy 团体，成立之初得益于时任总统威廉·霍华德·塔夫脱与劳工商务部长查尔斯·内格尔推动，旨在代表工商界发声。
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。
HTBK vs PDFS — 直观对比
营收规模更大
PDFS
是对方的1.2倍
$53.6M
营收增速更快
PDFS
高出9.0%
15.6%
净利率更高
HTBK
高出28.3%
-0.1%
自由现金流更多
HTBK
多$53.7M
$7.5M
两年增速更快
PDFS
近两年复合增速
12.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $53.6M | $62.4M |
| 净利润 | $15.1M | $-48.0K |
| 毛利率 | — | 72.9% |
| 营业利润率 | 41.0% | 5.5% |
| 净利率 | 28.2% | -0.1% |
| 营收同比 | 15.6% | 24.6% |
| 净利润同比 | 42.3% | -108.9% |
| 每股收益（稀释后） | $0.25 | $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HTBKPDFS
| Q4 25 | $53.6M | $62.4M | ||
| Q3 25 | $50.0M | $57.1M | ||
| Q2 25 | $47.8M | $51.7M | ||
| Q1 25 | $46.1M | $47.8M | ||
| Q4 24 | $46.4M | $50.1M | ||
| Q3 24 | $42.2M | $46.4M | ||
| Q2 24 | $41.7M | $41.7M | ||
| Q1 24 | $42.1M | $41.3M |
净利润HTBKPDFS
| Q4 25 | $15.1M | $-48.0K | ||
| Q3 25 | $14.7M | $1.3M | ||
| Q2 25 | $6.4M | $1.1M | ||
| Q1 25 | $11.6M | $-3.0M | ||
| Q4 24 | $10.6M | $539.0K | ||
| Q3 24 | $10.5M | $2.2M | ||
| Q2 24 | $9.2M | $1.7M | ||
| Q1 24 | $10.2M | $-393.0K |
毛利率HTBKPDFS
| 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% |
营业利润率HTBKPDFS
| Q4 25 | 41.0% | 5.5% | ||
| Q3 25 | 41.1% | 8.5% | ||
| Q2 25 | 18.7% | 2.2% | ||
| Q1 25 | 35.4% | -7.4% | ||
| Q4 24 | 31.8% | 1.0% | ||
| Q3 24 | 34.3% | 4.6% | ||
| Q2 24 | 31.3% | 0.6% | ||
| Q1 24 | 34.2% | -4.7% |
净利率HTBKPDFS
| Q4 25 | 28.2% | -0.1% | ||
| Q3 25 | 29.4% | 2.3% | ||
| Q2 25 | 13.4% | 2.2% | ||
| Q1 25 | 25.2% | -6.3% | ||
| Q4 24 | 22.9% | 1.1% | ||
| Q3 24 | 24.9% | 4.8% | ||
| Q2 24 | 22.1% | 4.1% | ||
| Q1 24 | 24.1% | -1.0% |
每股收益（稀释后）HTBKPDFS
| Q4 25 | $0.25 | $0.00 | ||
| Q3 25 | $0.24 | $0.03 | ||
| Q2 25 | $0.10 | $0.03 | ||
| Q1 25 | $0.19 | $-0.08 | ||
| Q4 24 | $0.17 | $0.01 | ||
| Q3 24 | $0.17 | $0.06 | ||
| Q2 24 | $0.15 | $0.04 | ||
| Q1 24 | $0.17 | $-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 | — | $42.2M |
| 总债务越低越好 | — | $67.0M |
| 股东权益账面价值 | $708.6M | $271.0M |
| 总资产 | $5.8B | $418.7M |
| 负债/权益比越低杠杆越低 | — | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资HTBKPDFS
| 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 |
总债务HTBKPDFS
| Q4 25 | — | $67.0M | ||
| Q3 25 | — | $67.6M | ||
| Q2 25 | — | $68.1M | ||
| Q1 25 | — | $68.7M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益HTBKPDFS
| Q4 25 | $708.6M | $271.0M | ||
| Q3 25 | $700.0M | $264.4M | ||
| Q2 25 | $694.7M | $257.5M | ||
| Q1 25 | $696.2M | $249.0M | ||
| Q4 24 | $689.7M | $246.0M | ||
| Q3 24 | $685.4M | $240.5M | ||
| Q2 24 | $679.2M | $232.2M | ||
| Q1 24 | $676.3M | $225.4M |
总资产HTBKPDFS
| Q4 25 | $5.8B | $418.7M | ||
| Q3 25 | $5.6B | $406.4M | ||
| Q2 25 | $5.5B | $391.1M | ||
| Q1 25 | $5.5B | $390.0M | ||
| Q4 24 | $5.6B | $315.3M | ||
| Q3 24 | $5.6B | $307.4M | ||
| Q2 24 | $5.3B | $298.0M | ||
| Q1 24 | $5.3B | $286.8M |
负债/权益比HTBKPDFS
| Q4 25 | — | 0.25× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | — | 0.26× | ||
| Q1 25 | — | 0.28× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $61.7M | $17.3M |
| 自由现金流经营现金流 - 资本支出 | $61.3M | $7.5M |
| 自由现金流率自由现金流/营收 | 114.3% | 12.1% |
| 资本支出强度资本支出/营收 | 0.7% | 15.7% |
| 现金转化率经营现金流/净利润 | 4.08× | — |
| 过去12个月自由现金流最近4个季度 | — | $-8.6M |
8季度趋势，按日历期对齐
经营现金流HTBKPDFS
| Q4 25 | $61.7M | $17.3M | ||
| Q3 25 | $18.9M | $3.3M | ||
| Q2 25 | $8.0M | $-5.2M | ||
| Q1 25 | $14.8M | $8.6M | ||
| Q4 24 | $39.0M | $1.6M | ||
| Q3 24 | $5.3M | $9.3M | ||
| Q2 24 | $10.5M | $684.0K | ||
| Q1 24 | $7.3M | $-1.9M |
自由现金流HTBKPDFS
| Q4 25 | $61.3M | $7.5M | ||
| Q3 25 | $18.8M | $-2.9M | ||
| Q2 25 | — | $-13.8M | ||
| Q1 25 | — | $535.0K | ||
| Q4 24 | $37.3M | $-4.0M | ||
| Q3 24 | $4.9M | $5.1M | ||
| Q2 24 | $9.9M | $-4.6M | ||
| Q1 24 | $6.9M | $-3.9M |
自由现金流率HTBKPDFS
| Q4 25 | 114.3% | 12.1% | ||
| Q3 25 | 37.7% | -5.1% | ||
| Q2 25 | — | -26.6% | ||
| Q1 25 | — | 1.1% | ||
| Q4 24 | 80.5% | -8.0% | ||
| Q3 24 | 11.6% | 11.0% | ||
| Q2 24 | 23.6% | -11.1% | ||
| Q1 24 | 16.4% | -9.4% |
资本支出强度HTBKPDFS
| Q4 25 | 0.7% | 15.7% | ||
| Q3 25 | 0.1% | 10.8% | ||
| Q2 25 | — | 16.5% | ||
| Q1 25 | — | 17.0% | ||
| Q4 24 | 3.5% | 11.3% | ||
| Q3 24 | 1.0% | 9.0% | ||
| Q2 24 | 1.6% | 12.8% | ||
| Q1 24 | 1.0% | 4.9% |
现金转化率HTBKPDFS
| Q4 25 | 4.08× | — | ||
| Q3 25 | 1.28× | 2.54× | ||
| Q2 25 | 1.25× | -4.55× | ||
| Q1 25 | 1.28× | — | ||
| Q4 24 | 3.67× | 2.98× | ||
| Q3 24 | 0.50× | 4.20× | ||
| Q2 24 | 1.14× | 0.40× | ||
| Q1 24 | 0.72× | — |
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
HTBK
暂无分部数据
PDFS
| Volumebased | $38.0M | 61% |
| Other | $24.4M | 39% |
