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PDF SOLUTIONS INC（PDFS）与PETMED EXPRESS INC（PETS）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PETMED EXPRESS INC的1.5倍（$62.4M vs $40.7M），PDF SOLUTIONS INC净利率更高（-0.1% vs -26.0%，领先25.9%），PDF SOLUTIONS INC同比增速更快（24.6% vs -23.3%），PDF SOLUTIONS INC自由现金流更多（$7.5M vs $-9.2M），过去两年PDF SOLUTIONS INC的营收复合增速更高（22.9% vs -20.9%）
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。
PetMed Express，也叫PetMeds，是总部位于美国的线上宠物药房。该企业公开上市，主营宠物处方及非处方药物销售业务，是北美知名的宠物医药线上零售平台。
PDFS vs PETS — 直观对比
营收规模更大
PDFS
是对方的1.5倍
$40.7M
营收增速更快
PDFS
高出47.9%
-23.3%
净利率更高
PDFS
高出25.9%
-26.0%
自由现金流更多
PDFS
多$16.8M
$-9.2M
两年增速更快
PDFS
近两年复合增速
-20.9%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $62.4M | $40.7M |
| 净利润 | $-48.0K | $-10.6M |
| 毛利率 | 72.9% | 23.3% |
| 营业利润率 | 5.5% | -25.7% |
| 净利率 | -0.1% | -26.0% |
| 营收同比 | 24.6% | -23.3% |
| 净利润同比 | -108.9% | -1392.6% |
| 每股收益（稀释后） | $0.00 | $-0.50 |
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PDFSPETS
| Q4 25 | $62.4M | $40.7M | ||
| Q3 25 | $57.1M | $44.4M | ||
| Q2 25 | $51.7M | $51.2M | ||
| Q1 25 | $47.8M | $50.8M | ||
| Q4 24 | $50.1M | $52.0M | ||
| Q3 24 | $46.4M | $58.0M | ||
| Q2 24 | $41.7M | $66.2M | ||
| Q1 24 | $41.3M | $65.1M |
净利润PDFSPETS
| Q4 25 | $-48.0K | $-10.6M | ||
| Q3 25 | $1.3M | $-8.5M | ||
| Q2 25 | $1.1M | $-34.2M | ||
| Q1 25 | $-3.0M | $-11.6M | ||
| Q4 24 | $539.0K | $-707.0K | ||
| Q3 24 | $2.2M | $2.3M | ||
| Q2 24 | $1.7M | $3.8M | ||
| Q1 24 | $-393.0K | $-5.0M |
毛利率PDFSPETS
| Q4 25 | 72.9% | 23.3% | ||
| Q3 25 | 72.3% | 28.0% | ||
| Q2 25 | 71.2% | 28.1% | ||
| Q1 25 | 72.9% | 29.9% | ||
| Q4 24 | 68.3% | 31.0% | ||
| Q3 24 | 73.1% | 32.3% | ||
| Q2 24 | 70.6% | 28.8% | ||
| Q1 24 | 67.3% | 29.3% |
营业利润率PDFSPETS
| Q4 25 | 5.5% | -25.7% | ||
| Q3 25 | 8.5% | -18.9% | ||
| Q2 25 | 2.2% | -66.7% | ||
| Q1 25 | -7.4% | -11.9% | ||
| Q4 24 | 1.0% | -0.9% | ||
| Q3 24 | 4.6% | 1.0% | ||
| Q2 24 | 0.6% | 6.6% | ||
| Q1 24 | -4.7% | -5.9% |
净利率PDFSPETS
| Q4 25 | -0.1% | -26.0% | ||
| Q3 25 | 2.3% | -19.2% | ||
| Q2 25 | 2.2% | -66.7% | ||
| Q1 25 | -6.3% | -22.9% | ||
| Q4 24 | 1.1% | -1.4% | ||
| Q3 24 | 4.8% | 4.0% | ||
| Q2 24 | 4.1% | 5.7% | ||
| Q1 24 | -1.0% | -7.7% |
每股收益（稀释后）PDFSPETS
| Q4 25 | $0.00 | $-0.50 | ||
| Q3 25 | $0.03 | $-0.41 | ||
| Q2 25 | $0.03 | $-1.65 | ||
| Q1 25 | $-0.08 | $-0.56 | ||
| Q4 24 | $0.01 | $-0.03 | ||
| Q3 24 | $0.06 | $0.11 | ||
| Q2 24 | $0.04 | $0.18 | ||
| Q1 24 | $-0.01 | $-0.24 |
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 | $26.9M |
| 总债务越低越好 | $67.0M | — |
| 股东权益账面价值 | $271.0M | $32.8M |
| 总资产 | $418.7M | $88.0M |
| 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PDFSPETS
| Q4 25 | $42.2M | $26.9M | ||
| Q3 25 | $35.9M | $36.1M | ||
| Q2 25 | $40.4M | $41.1M | ||
| Q1 25 | $54.1M | $54.7M | ||
| Q4 24 | $114.9M | $50.1M | ||
| Q3 24 | $120.2M | $52.0M | ||
| Q2 24 | $117.9M | $46.0M | ||
| Q1 24 | $122.9M | $55.3M |
总债务PDFSPETS
| 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PDFSPETS
| Q4 25 | $271.0M | $32.8M | ||
| Q3 25 | $264.4M | $43.1M | ||
| Q2 25 | $257.5M | $51.5M | ||
| Q1 25 | $249.0M | $85.1M | ||
| Q4 24 | $246.0M | $96.2M | ||
| Q3 24 | $240.5M | $96.4M | ||
| Q2 24 | $232.2M | $93.5M | ||
| Q1 24 | $225.4M | $96.7M |
总资产PDFSPETS
| Q4 25 | $418.7M | $88.0M | ||
| Q3 25 | $406.4M | $100.3M | ||
| Q2 25 | $391.1M | $109.8M | ||
| Q1 25 | $390.0M | $148.7M | ||
| Q4 24 | $315.3M | $144.8M | ||
| Q3 24 | $307.4M | $146.0M | ||
| Q2 24 | $298.0M | $152.7M | ||
| Q1 24 | $286.8M | $169.9M |
负债/权益比PDFSPETS
| 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 | $17.3M | $-9.2M |
| 自由现金流经营现金流 - 资本支出 | $7.5M | $-9.2M |
| 自由现金流率自由现金流/营收 | 12.1% | -22.7% |
| 资本支出强度资本支出/营收 | 15.7% | 0.1% |
| 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 | $-23.0M |
8季度趋势，按日历期对齐
经营现金流PDFSPETS
| Q4 25 | $17.3M | $-9.2M | ||
| Q3 25 | $3.3M | $-2.2M | ||
| Q2 25 | $-5.2M | $-12.3M | ||
| Q1 25 | $8.6M | $7.0M | ||
| Q4 24 | $1.6M | $-1.2M | ||
| Q3 24 | $9.3M | $7.4M | ||
| Q2 24 | $684.0K | $-8.5M | ||
| Q1 24 | $-1.9M | $7.1M |
自由现金流PDFSPETS
| Q4 25 | $7.5M | $-9.2M | ||
| Q3 25 | $-2.9M | $-4.8M | ||
| Q2 25 | $-13.8M | $-13.6M | ||
| Q1 25 | $535.0K | $4.6M | ||
| Q4 24 | $-4.0M | $-1.9M | ||
| Q3 24 | $5.1M | $6.1M | ||
| Q2 24 | $-4.6M | $-9.2M | ||
| Q1 24 | $-3.9M | $5.9M |
自由现金流率PDFSPETS
| Q4 25 | 12.1% | -22.7% | ||
| Q3 25 | -5.1% | -10.8% | ||
| Q2 25 | -26.6% | -26.5% | ||
| Q1 25 | 1.1% | 9.1% | ||
| Q4 24 | -8.0% | -3.7% | ||
| Q3 24 | 11.0% | 10.6% | ||
| Q2 24 | -11.1% | -13.9% | ||
| Q1 24 | -9.4% | 9.0% |
资本支出强度PDFSPETS
| Q4 25 | 15.7% | 0.1% | ||
| Q3 25 | 10.8% | 5.9% | ||
| Q2 25 | 16.5% | 2.5% | ||
| Q1 25 | 17.0% | 4.7% | ||
| Q4 24 | 11.3% | 1.5% | ||
| Q3 24 | 9.0% | 2.2% | ||
| Q2 24 | 12.8% | 1.0% | ||
| Q1 24 | 4.9% | 1.9% |
现金转化率PDFSPETS
| Q4 25 | — | — | ||
| Q3 25 | 2.54× | — | ||
| Q2 25 | -4.55× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.98× | — | ||
| Q3 24 | 4.20× | 3.18× | ||
| Q2 24 | 0.40× | -2.27× | ||
| 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
PDFS
| Volumebased | $38.0M | 61% |
| Other | $24.4M | 39% |
PETS
| Reorder | $34.0M | 84% |
| New Order | $5.0M | 12% |
| Membership Fees | $1.6M | 4% |
