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PDF SOLUTIONS INC（PDFS）与美国合众银行（SMBC）财务数据对比。点击上方公司名可切换其他公司
PDF SOLUTIONS INC的季度营收约是美国合众银行的1.3倍（$62.4M vs $49.6M），美国合众银行净利率更高（36.6% vs -0.1%，领先36.6%），PDF SOLUTIONS INC同比增速更快（24.6% vs 10.3%），美国合众银行自由现金流更多（$20.2M vs $7.5M），过去两年PDF SOLUTIONS INC的营收复合增速更高（22.9% vs 11.3%）
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。
美国合众银行是一家总部位于明尼苏达州明尼阿波利斯、在特拉华州注册的美国跨国银行机构，截至2025年是美国第五大银行，也是美国中西部规模最大的银行，被金融稳定委员会认定为具有系统重要性的银行，旗下核心经营实体美国银行全国协会以U.S. Bank名义开展业务，提供银行、投资、抵押等相关金融服务。
PDFS vs SMBC — 直观对比
营收规模更大
PDFS
是对方的1.3倍
$49.6M
营收增速更快
PDFS
高出14.3%
10.3%
净利率更高
SMBC
高出36.6%
-0.1%
自由现金流更多
SMBC
多$12.6M
$7.5M
两年增速更快
PDFS
近两年复合增速
11.3%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $62.4M | $49.6M |
| 净利润 | $-48.0K | $18.1M |
| 毛利率 | 72.9% | — |
| 营业利润率 | 5.5% | 45.7% |
| 净利率 | -0.1% | 36.6% |
| 营收同比 | 24.6% | 10.3% |
| 净利润同比 | -108.9% | 23.9% |
| 每股收益（稀释后） | $0.00 | $1.62 |
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PDFSSMBC
| Q4 25 | $62.4M | $49.6M | ||
| Q3 25 | $57.1M | $49.0M | ||
| Q2 25 | $51.7M | $47.6M | ||
| Q1 25 | $47.8M | $46.1M | ||
| Q4 24 | $50.1M | $45.0M | ||
| Q3 24 | $46.4M | $43.8M | ||
| Q2 24 | $41.7M | $42.9M | ||
| Q1 24 | $41.3M | $40.1M |
净利润PDFSSMBC
| Q4 25 | $-48.0K | $18.1M | ||
| Q3 25 | $1.3M | $15.7M | ||
| Q2 25 | $1.1M | $15.8M | ||
| Q1 25 | $-3.0M | $15.7M | ||
| Q4 24 | $539.0K | $14.7M | ||
| Q3 24 | $2.2M | $12.5M | ||
| Q2 24 | $1.7M | $13.5M | ||
| Q1 24 | $-393.0K | $11.3M |
毛利率PDFSSMBC
| 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PDFSSMBC
| Q4 25 | 5.5% | 45.7% | ||
| Q3 25 | 8.5% | 39.7% | ||
| Q2 25 | 2.2% | 40.2% | ||
| Q1 25 | -7.4% | 43.0% | ||
| Q4 24 | 1.0% | 42.7% | ||
| Q3 24 | 4.6% | 36.1% | ||
| Q2 24 | 0.6% | 39.6% | ||
| Q1 24 | -4.7% | 35.3% |
净利率PDFSSMBC
| Q4 25 | -0.1% | 36.6% | ||
| Q3 25 | 2.3% | 31.9% | ||
| Q2 25 | 2.2% | 33.2% | ||
| Q1 25 | -6.3% | 34.0% | ||
| Q4 24 | 1.1% | 32.6% | ||
| Q3 24 | 4.8% | 28.4% | ||
| Q2 24 | 4.1% | 31.6% | ||
| Q1 24 | -1.0% | 28.2% |
每股收益（稀释后）PDFSSMBC
| Q4 25 | $0.00 | $1.62 | ||
| Q3 25 | $0.03 | $1.38 | ||
| Q2 25 | $0.03 | $1.39 | ||
| Q1 25 | $-0.08 | $1.39 | ||
| Q4 24 | $0.01 | $1.30 | ||
| Q3 24 | $0.06 | $1.10 | ||
| Q2 24 | $0.04 | $1.20 | ||
| Q1 24 | $-0.01 | $0.99 |
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 | $134.1M |
| 总债务越低越好 | $67.0M | — |
| 股东权益账面价值 | $271.0M | $567.4M |
| 总资产 | $418.7M | $5.1B |
| 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PDFSSMBC
| Q4 25 | $42.2M | $134.1M | ||
| Q3 25 | $35.9M | $124.1M | ||
| Q2 25 | $40.4M | $192.9M | ||
| Q1 25 | $54.1M | $226.9M | ||
| Q4 24 | $114.9M | $145.8M | ||
| Q3 24 | $120.2M | $75.3M | ||
| Q2 24 | $117.9M | $60.9M | ||
| Q1 24 | $122.9M | $168.3M |
总债务PDFSSMBC
| 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PDFSSMBC
| Q4 25 | $271.0M | $567.4M | ||
| Q3 25 | $264.4M | $560.2M | ||
| Q2 25 | $257.5M | $544.7M | ||
| Q1 25 | $249.0M | $528.8M | ||
| Q4 24 | $246.0M | $512.4M | ||
| Q3 24 | $240.5M | $505.6M | ||
| Q2 24 | $232.2M | $488.7M | ||
| Q1 24 | $225.4M | $479.6M |
总资产PDFSSMBC
| Q4 25 | $418.7M | $5.1B | ||
| Q3 25 | $406.4M | $5.0B | ||
| Q2 25 | $391.1M | $5.0B | ||
| Q1 25 | $390.0M | $5.0B | ||
| Q4 24 | $315.3M | $4.9B | ||
| Q3 24 | $307.4M | $4.7B | ||
| Q2 24 | $298.0M | $4.6B | ||
| Q1 24 | $286.8M | $4.6B |
负债/权益比PDFSSMBC
| 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 | $21.3M |
| 自由现金流经营现金流 - 资本支出 | $7.5M | $20.2M |
| 自由现金流率自由现金流/营收 | 12.1% | 40.6% |
| 资本支出强度资本支出/营收 | 15.7% | 2.2% |
| 现金转化率经营现金流/净利润 | — | 1.17× |
| 过去12个月自由现金流最近4个季度 | $-8.6M | $133.6M |
8季度趋势，按日历期对齐
经营现金流PDFSSMBC
| Q4 25 | $17.3M | $21.3M | ||
| Q3 25 | $3.3M | $16.3M | ||
| Q2 25 | $-5.2M | $81.6M | ||
| Q1 25 | $8.6M | $24.1M | ||
| Q4 24 | $1.6M | $20.1M | ||
| Q3 24 | $9.3M | $10.0M | ||
| Q2 24 | $684.0K | $70.3M | ||
| Q1 24 | $-1.9M | $23.9M |
自由现金流PDFSSMBC
| Q4 25 | $7.5M | $20.2M | ||
| Q3 25 | $-2.9M | $15.4M | ||
| Q2 25 | $-13.8M | $75.3M | ||
| Q1 25 | $535.0K | $22.7M | ||
| Q4 24 | $-4.0M | $18.2M | ||
| Q3 24 | $5.1M | $8.6M | ||
| Q2 24 | $-4.6M | $61.2M | ||
| Q1 24 | $-3.9M | $19.6M |
自由现金流率PDFSSMBC
| Q4 25 | 12.1% | 40.6% | ||
| Q3 25 | -5.1% | 31.4% | ||
| Q2 25 | -26.6% | 158.1% | ||
| Q1 25 | 1.1% | 49.3% | ||
| Q4 24 | -8.0% | 40.3% | ||
| Q3 24 | 11.0% | 19.5% | ||
| Q2 24 | -11.1% | 142.8% | ||
| Q1 24 | -9.4% | 48.8% |
资本支出强度PDFSSMBC
| Q4 25 | 15.7% | 2.2% | ||
| Q3 25 | 10.8% | 1.8% | ||
| Q2 25 | 16.5% | 13.2% | ||
| Q1 25 | 17.0% | 3.0% | ||
| Q4 24 | 11.3% | 4.4% | ||
| Q3 24 | 9.0% | 3.3% | ||
| Q2 24 | 12.8% | 21.1% | ||
| Q1 24 | 4.9% | 10.8% |
现金转化率PDFSSMBC
| Q4 25 | — | 1.17× | ||
| Q3 25 | 2.54× | 1.04× | ||
| Q2 25 | -4.55× | 5.17× | ||
| Q1 25 | — | 1.54× | ||
| Q4 24 | 2.98× | 1.37× | ||
| Q3 24 | 4.20× | 0.80× | ||
| Q2 24 | 0.40× | 5.19× | ||
| Q1 24 | — | 2.11× |
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% |
SMBC
暂无分部数据
