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KINGSWAY FINANCIAL SERVICES INC（KFS）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KINGSWAY FINANCIAL SERVICES INC的1.6倍（$62.4M vs $38.6M），PDF SOLUTIONS INC净利率更高（-0.1% vs -4.1%，领先4.0%），KINGSWAY FINANCIAL SERVICES INC同比增速更快（30.1% vs 24.6%），过去两年PDF SOLUTIONS INC的营收复合增速更高（22.9% vs 21.4%）
金斯威金融服务公司是一家专业金融控股企业，主要提供财产和意外伤害保险产品，包括个人车险、商业责任险、财产险等，核心市场覆盖北美地区，服务个人消费者、小微企业主及特定商业客户群体。
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。
KFS vs PDFS — 直观对比
营收规模更大
PDFS
是对方的1.6倍
$38.6M
营收增速更快
KFS
高出5.5%
24.6%
净利率更高
PDFS
高出4.0%
-4.1%
两年增速更快
PDFS
近两年复合增速
21.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $38.6M | $62.4M |
| 净利润 | $-1.6M | $-48.0K |
| 毛利率 | — | 72.9% |
| 营业利润率 | 0.8% | 5.5% |
| 净利率 | -4.1% | -0.1% |
| 营收同比 | 30.1% | 24.6% |
| 净利润同比 | -7.8% | -108.9% |
| 每股收益（稀释后） | $-0.07 | $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KFSPDFS
| Q4 25 | $38.6M | $62.4M | ||
| Q3 25 | $37.2M | $57.1M | ||
| Q2 25 | $30.9M | $51.7M | ||
| Q1 25 | $28.3M | $47.8M | ||
| Q4 24 | $29.6M | $50.1M | ||
| Q3 24 | $27.1M | $46.4M | ||
| Q2 24 | $26.4M | $41.7M | ||
| Q1 24 | $26.2M | $41.3M |
净利润KFSPDFS
| Q4 25 | $-1.6M | $-48.0K | ||
| Q3 25 | $-2.4M | $1.3M | ||
| Q2 25 | $-3.2M | $1.1M | ||
| Q1 25 | $-3.1M | $-3.0M | ||
| Q4 24 | $-1.5M | $539.0K | ||
| Q3 24 | $-2.3M | $2.2M | ||
| Q2 24 | $-2.2M | $1.7M | ||
| Q1 24 | $-2.3M | $-393.0K |
毛利率KFSPDFS
| 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KFSPDFS
| Q4 25 | 0.8% | 5.5% | ||
| Q3 25 | -2.3% | 8.5% | ||
| Q2 25 | -3.6% | 2.2% | ||
| Q1 25 | -2.5% | -7.4% | ||
| Q4 24 | 6.5% | 1.0% | ||
| Q3 24 | -2.5% | 4.6% | ||
| Q2 24 | 0.5% | 0.6% | ||
| Q1 24 | 2.9% | -4.7% |
净利率KFSPDFS
| Q4 25 | -4.1% | -0.1% | ||
| Q3 25 | -6.5% | 2.3% | ||
| Q2 25 | -10.2% | 2.2% | ||
| Q1 25 | -10.9% | -6.3% | ||
| Q4 24 | -5.0% | 1.1% | ||
| Q3 24 | -8.5% | 4.8% | ||
| Q2 24 | -8.3% | 4.1% | ||
| Q1 24 | -8.9% | -1.0% |
每股收益（稀释后）KFSPDFS
| Q4 25 | $-0.07 | $0.00 | ||
| Q3 25 | $-0.10 | $0.03 | ||
| Q2 25 | $-0.13 | $0.03 | ||
| Q1 25 | $-0.13 | $-0.08 | ||
| Q4 24 | $-0.08 | $0.01 | ||
| Q3 24 | $-0.10 | $0.06 | ||
| Q2 24 | $-0.08 | $0.04 | ||
| Q1 24 | $-0.09 | $-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 | $8.5M | $42.2M |
| 总债务越低越好 | $70.7M | $67.0M |
| 股东权益账面价值 | $15.2M | $271.0M |
| 总资产 | $231.5M | $418.7M |
| 负债/权益比越低杠杆越低 | 4.66× | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资KFSPDFS
| Q4 25 | $8.5M | $42.2M | ||
| Q3 25 | $9.5M | $35.9M | ||
| Q2 25 | $12.3M | $40.4M | ||
| Q1 25 | $6.5M | $54.1M | ||
| Q4 24 | $5.7M | $114.9M | ||
| Q3 24 | $6.7M | $120.2M | ||
| Q2 24 | $9.8M | $117.9M | ||
| Q1 24 | $12.3M | $122.9M |
总债务KFSPDFS
| Q4 25 | $70.7M | $67.0M | ||
| Q3 25 | $70.7M | $67.6M | ||
| Q2 25 | $58.3M | $68.1M | ||
| Q1 25 | $59.5M | $68.7M | ||
| Q4 24 | $57.5M | — | ||
| Q3 24 | $58.5M | — | ||
| Q2 24 | $47.3M | — | ||
| Q1 24 | $47.1M | — |
股东权益KFSPDFS
| Q4 25 | $15.2M | $271.0M | ||
| Q3 25 | $16.6M | $264.4M | ||
| Q2 25 | $17.4M | $257.5M | ||
| Q1 25 | $5.5M | $249.0M | ||
| Q4 24 | $8.4M | $246.0M | ||
| Q3 24 | $9.9M | $240.5M | ||
| Q2 24 | $20.7M | $232.2M | ||
| Q1 24 | $23.6M | $225.4M |
总资产KFSPDFS
| Q4 25 | $231.5M | $418.7M | ||
| Q3 25 | $235.1M | $406.4M | ||
| Q2 25 | $207.7M | $391.1M | ||
| Q1 25 | $192.1M | $390.0M | ||
| Q4 24 | $186.6M | $315.3M | ||
| Q3 24 | $191.1M | $307.4M | ||
| Q2 24 | $192.3M | $298.0M | ||
| Q1 24 | $198.0M | $286.8M |
负债/权益比KFSPDFS
| Q4 25 | 4.66× | 0.25× | ||
| Q3 25 | 4.25× | 0.26× | ||
| Q2 25 | 3.34× | 0.26× | ||
| Q1 25 | 10.91× | 0.28× | ||
| Q4 24 | 6.84× | — | ||
| Q3 24 | 5.88× | — | ||
| Q2 24 | 2.29× | — | ||
| Q1 24 | 2.00× | — |
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 | $-3.0K | $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KFSPDFS
| Q4 25 | $-3.0K | $17.3M | ||
| Q3 25 | $1.5M | $3.3M | ||
| Q2 25 | $337.0K | $-5.2M | ||
| Q1 25 | $-1.8M | $8.6M | ||
| Q4 24 | $1.1M | $1.6M | ||
| Q3 24 | $368.0K | $9.3M | ||
| Q2 24 | $557.0K | $684.0K | ||
| Q1 24 | $249.0K | $-1.9M |
自由现金流KFSPDFS
| Q4 25 | — | $7.5M | ||
| Q3 25 | $1.3M | $-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 |
自由现金流率KFSPDFS
| Q4 25 | — | 12.1% | ||
| Q3 25 | 3.4% | -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% |
资本支出强度KFSPDFS
| Q4 25 | — | 15.7% | ||
| Q3 25 | 0.5% | 10.8% | ||
| Q2 25 | — | 16.5% | ||
| Q1 25 | — | 17.0% | ||
| Q4 24 | — | 11.3% | ||
| Q3 24 | 0.0% | 9.0% | ||
| Q2 24 | — | 12.8% | ||
| Q1 24 | — | 4.9% |
现金转化率KFSPDFS
| 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
KFS
| Other | $14.8M | 38% |
| Roundhouse Electric Equipment Co Inc | $9.7M | 25% |
| MLC Plumbing LLC | $5.7M | 15% |
| Systems Products International Incspi | $3.8M | 10% |
| Advanced Plumbing And Drain | $2.9M | 8% |
| Southside Plumbing | $1.7M | 4% |
PDFS
| Volumebased | $38.0M | 61% |
| Other | $24.4M | 39% |
