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PDF SOLUTIONS INC（PDFS）与SMARTFINANCIAL INC.（SMBK）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SMARTFINANCIAL INC.的1.2倍（$62.4M vs $53.8M），SMARTFINANCIAL INC.净利率更高（25.4% vs -0.1%，领先25.5%），过去两年PDF SOLUTIONS INC的营收复合增速更高（22.9% vs 15.4%）
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。
SmartFinancial Inc.是一家美国银行控股公司，旗下运营SmartBank，面向美国东南部地区的个人客户及中小微企业提供存款、个人及企业贷款、抵押贷款、财富管理等多元化零售及商业银行服务。
PDFS vs SMBK — 直观对比
营收规模更大
PDFS
是对方的1.2倍
$53.8M
净利率更高
SMBK
高出25.5%
-0.1%
两年增速更快
PDFS
近两年复合增速
15.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $62.4M | $53.8M |
| 净利润 | $-48.0K | $13.7M |
| 毛利率 | 72.9% | — |
| 营业利润率 | 5.5% | — |
| 净利率 | -0.1% | 25.4% |
| 营收同比 | 24.6% | — |
| 净利润同比 | -108.9% | 21.6% |
| 每股收益（稀释后） | $0.00 | $0.81 |
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PDFSSMBK
| Q1 26 | — | $53.8M | ||
| Q4 25 | $62.4M | $53.3M | ||
| Q3 25 | $57.1M | $51.1M | ||
| Q2 25 | $51.7M | $49.2M | ||
| Q1 25 | $47.8M | $46.8M | ||
| Q4 24 | $50.1M | $46.8M | ||
| Q3 24 | $46.4M | $44.2M | ||
| Q2 24 | $41.7M | $40.4M |
净利润PDFSSMBK
| Q1 26 | — | $13.7M | ||
| Q4 25 | $-48.0K | $13.7M | ||
| Q3 25 | $1.3M | $13.7M | ||
| Q2 25 | $1.1M | $11.7M | ||
| Q1 25 | $-3.0M | $11.3M | ||
| Q4 24 | $539.0K | $9.6M | ||
| Q3 24 | $2.2M | $9.1M | ||
| Q2 24 | $1.7M | $8.0M |
毛利率PDFSSMBK
| 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PDFSSMBK
| Q1 26 | — | — | ||
| Q4 25 | 5.5% | 31.3% | ||
| Q3 25 | 8.5% | 33.2% | ||
| Q2 25 | 2.2% | 29.0% | ||
| Q1 25 | -7.4% | 29.0% | ||
| Q4 24 | 1.0% | 26.5% | ||
| Q3 24 | 4.6% | 24.3% | ||
| Q2 24 | 0.6% | 25.6% |
净利率PDFSSMBK
| Q1 26 | — | 25.4% | ||
| Q4 25 | -0.1% | 25.7% | ||
| Q3 25 | 2.3% | 26.8% | ||
| Q2 25 | 2.2% | 23.8% | ||
| Q1 25 | -6.3% | 24.0% | ||
| Q4 24 | 1.1% | 20.6% | ||
| Q3 24 | 4.8% | 20.7% | ||
| Q2 24 | 4.1% | 19.8% |
每股收益（稀释后）PDFSSMBK
| Q1 26 | — | $0.81 | ||
| Q4 25 | $0.00 | $0.81 | ||
| Q3 25 | $0.03 | $0.81 | ||
| Q2 25 | $0.03 | $0.69 | ||
| Q1 25 | $-0.08 | $0.67 | ||
| Q4 24 | $0.01 | $0.57 | ||
| Q3 24 | $0.06 | $0.54 | ||
| Q2 24 | $0.04 | $0.48 |
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 | $346.1M |
| 总债务越低越好 | $67.0M | — |
| 股东权益账面价值 | $271.0M | $562.2M |
| 总资产 | $418.7M | $5.9B |
| 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PDFSSMBK
| Q1 26 | — | $346.1M | ||
| Q4 25 | $42.2M | $464.4M | ||
| Q3 25 | $35.9M | $557.1M | ||
| Q2 25 | $40.4M | $365.1M | ||
| Q1 25 | $54.1M | $423.0M | ||
| Q4 24 | $114.9M | $387.6M | ||
| Q3 24 | $120.2M | $192.9M | ||
| Q2 24 | $117.9M | $342.8M |
总债务PDFSSMBK
| Q1 26 | — | — | ||
| Q4 25 | $67.0M | — | ||
| Q3 25 | $67.6M | $1.3M | ||
| Q2 25 | $68.1M | $7.0M | ||
| Q1 25 | $68.7M | $7.6M | ||
| Q4 24 | — | $8.1M | ||
| Q3 24 | — | $9.0M | ||
| Q2 24 | — | $12.7M |
股东权益PDFSSMBK
| Q1 26 | — | $562.2M | ||
| Q4 25 | $271.0M | $552.4M | ||
| Q3 25 | $264.4M | $538.4M | ||
| Q2 25 | $257.5M | $519.0M | ||
| Q1 25 | $249.0M | $505.8M | ||
| Q4 24 | $246.0M | $491.3M | ||
| Q3 24 | $240.5M | $489.0M | ||
| Q2 24 | $232.2M | $472.5M |
总资产PDFSSMBK
| Q1 26 | — | $5.9B | ||
| Q4 25 | $418.7M | $5.9B | ||
| Q3 25 | $406.4M | $5.8B | ||
| Q2 25 | $391.1M | $5.5B | ||
| Q1 25 | $390.0M | $5.4B | ||
| Q4 24 | $315.3M | $5.3B | ||
| Q3 24 | $307.4M | $4.9B | ||
| Q2 24 | $298.0M | $4.9B |
负债/权益比PDFSSMBK
| Q1 26 | — | — | ||
| Q4 25 | 0.25× | — | ||
| Q3 25 | 0.26× | 0.00× | ||
| Q2 25 | 0.26× | 0.01× | ||
| Q1 25 | 0.28× | 0.02× | ||
| Q4 24 | — | 0.02× | ||
| Q3 24 | — | 0.02× | ||
| Q2 24 | — | 0.03× |
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PDFSSMBK
| Q1 26 | — | — | ||
| Q4 25 | $17.3M | $61.7M | ||
| Q3 25 | $3.3M | $16.9M | ||
| Q2 25 | $-5.2M | $14.0M | ||
| Q1 25 | $8.6M | $14.3M | ||
| Q4 24 | $1.6M | $52.7M | ||
| Q3 24 | $9.3M | $12.4M | ||
| Q2 24 | $684.0K | $16.5M |
自由现金流PDFSSMBK
| Q1 26 | — | — | ||
| Q4 25 | $7.5M | $59.3M | ||
| Q3 25 | $-2.9M | $16.6M | ||
| Q2 25 | $-13.8M | $13.2M | ||
| Q1 25 | $535.0K | $13.4M | ||
| Q4 24 | $-4.0M | $46.3M | ||
| Q3 24 | $5.1M | $11.3M | ||
| Q2 24 | $-4.6M | $15.4M |
自由现金流率PDFSSMBK
| Q1 26 | — | — | ||
| Q4 25 | 12.1% | 111.3% | ||
| Q3 25 | -5.1% | 32.4% | ||
| Q2 25 | -26.6% | 26.9% | ||
| Q1 25 | 1.1% | 28.5% | ||
| Q4 24 | -8.0% | 98.9% | ||
| Q3 24 | 11.0% | 25.7% | ||
| Q2 24 | -11.1% | 38.2% |
资本支出强度PDFSSMBK
| Q1 26 | — | — | ||
| Q4 25 | 15.7% | 4.5% | ||
| Q3 25 | 10.8% | 0.6% | ||
| Q2 25 | 16.5% | 1.6% | ||
| Q1 25 | 17.0% | 2.0% | ||
| Q4 24 | 11.3% | 13.7% | ||
| Q3 24 | 9.0% | 2.4% | ||
| Q2 24 | 12.8% | 2.7% |
现金转化率PDFSSMBK
| Q1 26 | — | — | ||
| Q4 25 | — | 4.50× | ||
| Q3 25 | 2.54× | 1.23× | ||
| Q2 25 | -4.55× | 1.20× | ||
| Q1 25 | — | 1.27× | ||
| Q4 24 | 2.98× | 5.47× | ||
| Q3 24 | 4.20× | 1.36× | ||
| Q2 24 | 0.40× | 2.07× |
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% |
SMBK
| Net Interest Income | $45.9M | 85% |
| Noninterest Income | $7.9M | 15% |
