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INDEPENDENT BANK CORP（IBCP）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INDEPENDENT BANK CORP的1.1倍（$62.4M vs $58.9M），INDEPENDENT BANK CORP净利率更高（28.6% vs -0.1%，领先28.7%），过去两年PDF SOLUTIONS INC的营收复合增速更高（22.9% vs 2.1%）
独立银行公司（密歇根州）是一家总部位于密歇根州大急流城的银行机构，目前共开设62家营业网点，所有网点均布局于密歇根州境内，主要为当地市场提供各类银行金融服务。
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。
IBCP vs PDFS — 直观对比
营收规模更大
PDFS
是对方的1.1倍
$58.9M
净利率更高
IBCP
高出28.7%
-0.1%
两年增速更快
PDFS
近两年复合增速
2.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $58.9M | $62.4M |
| 净利润 | $16.9M | $-48.0K |
| 毛利率 | — | 72.9% |
| 营业利润率 | — | 5.5% |
| 净利率 | 28.6% | -0.1% |
| 营收同比 | — | 24.6% |
| 净利润同比 | 8.2% | -108.9% |
| 每股收益（稀释后） | $0.81 | $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IBCPPDFS
| Q1 26 | $58.9M | — | ||
| Q4 25 | $58.3M | $62.4M | ||
| Q3 25 | $57.3M | $57.1M | ||
| Q2 25 | $55.9M | $51.7M | ||
| Q1 25 | $54.1M | $47.8M | ||
| Q4 24 | $62.0M | $50.1M | ||
| Q3 24 | $51.4M | $46.4M | ||
| Q2 24 | $56.5M | $41.7M |
净利润IBCPPDFS
| Q1 26 | $16.9M | — | ||
| Q4 25 | $18.6M | $-48.0K | ||
| Q3 25 | $17.5M | $1.3M | ||
| Q2 25 | $16.9M | $1.1M | ||
| Q1 25 | $15.6M | $-3.0M | ||
| Q4 24 | $18.5M | $539.0K | ||
| Q3 24 | $13.8M | $2.2M | ||
| Q2 24 | $18.5M | $1.7M |
毛利率IBCPPDFS
| Q1 26 | — | — | ||
| 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% |
营业利润率IBCPPDFS
| Q1 26 | — | — | ||
| Q4 25 | 34.8% | 5.5% | ||
| Q3 25 | 37.0% | 8.5% | ||
| Q2 25 | 37.0% | 2.2% | ||
| Q1 25 | 35.3% | -7.4% | ||
| Q4 24 | 36.7% | 1.0% | ||
| Q3 24 | 33.7% | 4.6% | ||
| Q2 24 | 41.0% | 0.6% |
净利率IBCPPDFS
| Q1 26 | 28.6% | — | ||
| Q4 25 | 31.8% | -0.1% | ||
| Q3 25 | 30.5% | 2.3% | ||
| Q2 25 | 30.2% | 2.2% | ||
| Q1 25 | 28.8% | -6.3% | ||
| Q4 24 | 29.8% | 1.1% | ||
| Q3 24 | 26.9% | 4.8% | ||
| Q2 24 | 32.8% | 4.1% |
每股收益（稀释后）IBCPPDFS
| Q1 26 | $0.81 | — | ||
| Q4 25 | $0.88 | $0.00 | ||
| Q3 25 | $0.84 | $0.03 | ||
| Q2 25 | $0.81 | $0.03 | ||
| Q1 25 | $0.74 | $-0.08 | ||
| Q4 24 | $0.87 | $0.01 | ||
| Q3 24 | $0.65 | $0.06 | ||
| Q2 24 | $0.88 | $0.04 |
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 | $174.9M | $42.2M |
| 总债务越低越好 | — | $67.0M |
| 股东权益账面价值 | $510.6M | $271.0M |
| 总资产 | $5.6B | $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IBCPPDFS
| Q1 26 | $174.9M | — | ||
| Q4 25 | $138.4M | $42.2M | ||
| Q3 25 | $208.7M | $35.9M | ||
| Q2 25 | $146.2M | $40.4M | ||
| Q1 25 | $128.1M | $54.1M | ||
| Q4 24 | $119.9M | $114.9M | ||
| Q3 24 | $121.6M | $120.2M | ||
| Q2 24 | $214.3M | $117.9M |
总债务IBCPPDFS
| Q1 26 | — | — | ||
| Q4 25 | — | $67.0M | ||
| Q3 25 | — | $67.6M | ||
| Q2 25 | — | $68.1M | ||
| Q1 25 | — | $68.7M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益IBCPPDFS
| Q1 26 | $510.6M | — | ||
| Q4 25 | $503.0M | $271.0M | ||
| Q3 25 | $490.7M | $264.4M | ||
| Q2 25 | $469.3M | $257.5M | ||
| Q1 25 | $467.3M | $249.0M | ||
| Q4 24 | $454.7M | $246.0M | ||
| Q3 24 | $452.4M | $240.5M | ||
| Q2 24 | $430.5M | $232.2M |
总资产IBCPPDFS
| Q1 26 | $5.6B | — | ||
| Q4 25 | $5.5B | $418.7M | ||
| Q3 25 | $5.5B | $406.4M | ||
| Q2 25 | $5.4B | $391.1M | ||
| Q1 25 | $5.3B | $390.0M | ||
| Q4 24 | $5.3B | $315.3M | ||
| Q3 24 | $5.3B | $307.4M | ||
| Q2 24 | $5.3B | $298.0M |
负债/权益比IBCPPDFS
| Q1 26 | — | — | ||
| Q4 25 | — | 0.25× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | — | 0.26× | ||
| Q1 25 | — | 0.28× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 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 | — | $17.3M |
| 自由现金流经营现金流 - 资本支出 | — | $7.5M |
| 自由现金流率自由现金流/营收 | — | 12.1% |
| 资本支出强度资本支出/营收 | — | 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 | — | $-8.6M |
8季度趋势，按日历期对齐
经营现金流IBCPPDFS
| Q1 26 | — | — | ||
| Q4 25 | $76.7M | $17.3M | ||
| Q3 25 | $18.2M | $3.3M | ||
| Q2 25 | $19.0M | $-5.2M | ||
| Q1 25 | $31.7M | $8.6M | ||
| Q4 24 | $63.2M | $1.6M | ||
| Q3 24 | $17.2M | $9.3M | ||
| Q2 24 | $8.7M | $684.0K |
自由现金流IBCPPDFS
| Q1 26 | — | — | ||
| Q4 25 | $70.2M | $7.5M | ||
| Q3 25 | $16.5M | $-2.9M | ||
| Q2 25 | $16.7M | $-13.8M | ||
| Q1 25 | $30.6M | $535.0K | ||
| Q4 24 | $55.2M | $-4.0M | ||
| Q3 24 | $15.7M | $5.1M | ||
| Q2 24 | $7.0M | $-4.6M |
自由现金流率IBCPPDFS
| Q1 26 | — | — | ||
| Q4 25 | 120.3% | 12.1% | ||
| Q3 25 | 28.9% | -5.1% | ||
| Q2 25 | 29.8% | -26.6% | ||
| Q1 25 | 56.5% | 1.1% | ||
| Q4 24 | 89.1% | -8.0% | ||
| Q3 24 | 30.6% | 11.0% | ||
| Q2 24 | 12.3% | -11.1% |
资本支出强度IBCPPDFS
| Q1 26 | — | — | ||
| Q4 25 | 11.1% | 15.7% | ||
| Q3 25 | 2.9% | 10.8% | ||
| Q2 25 | 4.1% | 16.5% | ||
| Q1 25 | 2.1% | 17.0% | ||
| Q4 24 | 12.8% | 11.3% | ||
| Q3 24 | 2.9% | 9.0% | ||
| Q2 24 | 3.1% | 12.8% |
现金转化率IBCPPDFS
| Q1 26 | — | — | ||
| Q4 25 | 4.13× | — | ||
| Q3 25 | 1.04× | 2.54× | ||
| Q2 25 | 1.12× | -4.55× | ||
| Q1 25 | 2.03× | — | ||
| Q4 24 | 3.42× | 2.98× | ||
| Q3 24 | 1.25× | 4.20× | ||
| Q2 24 | 0.47× | 0.40× |
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
IBCP
| Net Interest Income | $46.9M | 80% |
| Noninterest Income | $12.0M | 20% |
PDFS
| Volumebased | $38.0M | 61% |
| Other | $24.4M | 39% |
