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PDF SOLUTIONS INC（PDFS）与null（SWIM）财务数据对比。点击上方公司名可切换其他公司
null的季度营收约是PDF SOLUTIONS INC的1.6倍（$100.0M vs $62.4M），PDF SOLUTIONS INC净利率更高（-0.1% vs -7.0%，领先6.9%），PDF SOLUTIONS INC同比增速更快（24.6% vs 14.5%），null自由现金流更多（$14.1M vs $7.5M），过去两年PDF SOLUTIONS INC的营收复合增速更高（22.9% vs -4.9%）
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。
该企业是一家源自美国的跨国律师事务所，1934年创立于加利福尼亚州洛杉矶，在诉讼业务、公司法务以及监管合规法律领域拥有深厚的行业积累与知名度，是全球颇具影响力的综合性律所之一。
PDFS vs SWIM — 直观对比
营收规模更大
SWIM
是对方的1.6倍
$62.4M
营收增速更快
PDFS
高出10.1%
14.5%
净利率更高
PDFS
高出6.9%
-7.0%
自由现金流更多
SWIM
多$6.5M
$7.5M
两年增速更快
PDFS
近两年复合增速
-4.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $62.4M | $100.0M |
| 净利润 | $-48.0K | $-7.0M |
| 毛利率 | 72.9% | 28.0% |
| 营业利润率 | 5.5% | -10.7% |
| 净利率 | -0.1% | -7.0% |
| 营收同比 | 24.6% | 14.5% |
| 净利润同比 | -108.9% | 76.0% |
| 每股收益（稀释后） | $0.00 | $-0.06 |
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PDFSSWIM
| Q4 25 | $62.4M | $100.0M | ||
| Q3 25 | $57.1M | $161.9M | ||
| Q2 25 | $51.7M | $172.6M | ||
| Q1 25 | $47.8M | $111.4M | ||
| Q4 24 | $50.1M | $87.3M | ||
| Q3 24 | $46.4M | $150.5M | ||
| Q2 24 | $41.7M | $160.1M | ||
| Q1 24 | $41.3M | $110.6M |
净利润PDFSSWIM
| Q4 25 | $-48.0K | $-7.0M | ||
| Q3 25 | $1.3M | $8.1M | ||
| Q2 25 | $1.1M | $16.0M | ||
| Q1 25 | $-3.0M | $-6.0M | ||
| Q4 24 | $539.0K | $-29.2M | ||
| Q3 24 | $2.2M | $5.9M | ||
| Q2 24 | $1.7M | $13.3M | ||
| Q1 24 | $-393.0K | $-7.9M |
毛利率PDFSSWIM
| Q4 25 | 72.9% | 28.0% | ||
| Q3 25 | 72.3% | 35.4% | ||
| Q2 25 | 71.2% | 37.1% | ||
| Q1 25 | 72.9% | 29.5% | ||
| Q4 24 | 68.3% | 24.6% | ||
| Q3 24 | 73.1% | 32.4% | ||
| Q2 24 | 70.6% | 33.1% | ||
| Q1 24 | 67.3% | 27.7% |
营业利润率PDFSSWIM
| Q4 25 | 5.5% | -10.7% | ||
| Q3 25 | 8.5% | 13.3% | ||
| Q2 25 | 2.2% | 14.3% | ||
| Q1 25 | -7.4% | -4.4% | ||
| Q4 24 | 1.0% | -14.9% | ||
| Q3 24 | 4.6% | 8.9% | ||
| Q2 24 | 0.6% | 12.5% | ||
| Q1 24 | -4.7% | -1.9% |
净利率PDFSSWIM
| Q4 25 | -0.1% | -7.0% | ||
| Q3 25 | 2.3% | 5.0% | ||
| Q2 25 | 2.2% | 9.3% | ||
| Q1 25 | -6.3% | -5.4% | ||
| Q4 24 | 1.1% | -33.4% | ||
| Q3 24 | 4.8% | 3.9% | ||
| Q2 24 | 4.1% | 8.3% | ||
| Q1 24 | -1.0% | -7.1% |
每股收益（稀释后）PDFSSWIM
| Q4 25 | $0.00 | $-0.06 | ||
| Q3 25 | $0.03 | $0.07 | ||
| Q2 25 | $0.03 | $0.13 | ||
| Q1 25 | $-0.08 | $-0.05 | ||
| Q4 24 | $0.01 | $-0.24 | ||
| Q3 24 | $0.06 | $0.05 | ||
| Q2 24 | $0.04 | $0.11 | ||
| Q1 24 | $-0.01 | $-0.07 |
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 | — |
| 总债务越低越好 | $67.0M | $279.8M |
| 股东权益账面价值 | $271.0M | $405.9M |
| 总资产 | $418.7M | $823.2M |
| 负债/权益比越低杠杆越低 | 0.25× | 0.69× |
8季度趋势，按日历期对齐
现金及短期投资PDFSSWIM
| Q4 25 | $42.2M | — | ||
| Q3 25 | $35.9M | — | ||
| Q2 25 | $40.4M | — | ||
| Q1 25 | $54.1M | — | ||
| Q4 24 | $114.9M | — | ||
| Q3 24 | $120.2M | — | ||
| Q2 24 | $117.9M | — | ||
| Q1 24 | $122.9M | — |
总债务PDFSSWIM
| Q4 25 | $67.0M | $279.8M | ||
| Q3 25 | $67.6M | $281.1M | ||
| Q2 25 | $68.1M | $281.5M | ||
| Q1 25 | $68.7M | $306.9M | ||
| Q4 24 | — | $281.5M | ||
| Q3 24 | — | $282.8M | ||
| Q2 24 | — | $282.4M | ||
| Q1 24 | — | $282.8M |
股东权益PDFSSWIM
| Q4 25 | $271.0M | $405.9M | ||
| Q3 25 | $264.4M | $408.4M | ||
| Q2 25 | $257.5M | $398.4M | ||
| Q1 25 | $249.0M | $381.1M | ||
| Q4 24 | $246.0M | $387.2M | ||
| Q3 24 | $240.5M | $416.6M | ||
| Q2 24 | $232.2M | $408.1M | ||
| Q1 24 | $225.4M | $391.8M |
总资产PDFSSWIM
| Q4 25 | $418.7M | $823.2M | ||
| Q3 25 | $406.4M | $844.4M | ||
| Q2 25 | $391.1M | $822.1M | ||
| Q1 25 | $390.0M | $824.6M | ||
| Q4 24 | $315.3M | $794.2M | ||
| Q3 24 | $307.4M | $853.4M | ||
| Q2 24 | $298.0M | $830.0M | ||
| Q1 24 | $286.8M | $808.6M |
负债/权益比PDFSSWIM
| Q4 25 | 0.25× | 0.69× | ||
| Q3 25 | 0.26× | 0.69× | ||
| Q2 25 | 0.26× | 0.71× | ||
| Q1 25 | 0.28× | 0.81× | ||
| Q4 24 | — | 0.73× | ||
| Q3 24 | — | 0.68× | ||
| Q2 24 | — | 0.69× | ||
| Q1 24 | — | 0.72× |
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 | $23.3M |
| 自由现金流经营现金流 - 资本支出 | $7.5M | $14.1M |
| 自由现金流率自由现金流/营收 | 12.1% | 14.1% |
| 资本支出强度资本支出/营收 | 15.7% | 9.2% |
| 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 | $38.0M |
8季度趋势，按日历期对齐
经营现金流PDFSSWIM
| Q4 25 | $17.3M | $23.3M | ||
| Q3 25 | $3.3M | $51.0M | ||
| Q2 25 | $-5.2M | $36.0M | ||
| Q1 25 | $8.6M | $-46.9M | ||
| Q4 24 | $1.6M | $6.2M | ||
| Q3 24 | $9.3M | $37.2M | ||
| Q2 24 | $684.0K | $52.4M | ||
| Q1 24 | $-1.9M | $-34.5M |
自由现金流PDFSSWIM
| Q4 25 | $7.5M | $14.1M | ||
| Q3 25 | $-2.9M | $45.2M | ||
| Q2 25 | $-13.8M | $29.1M | ||
| Q1 25 | $535.0K | $-50.3M | ||
| Q4 24 | $-4.0M | $-98.0K | ||
| Q3 24 | $5.1M | $33.2M | ||
| Q2 24 | $-4.6M | $47.9M | ||
| Q1 24 | $-3.9M | $-39.9M |
自由现金流率PDFSSWIM
| Q4 25 | 12.1% | 14.1% | ||
| Q3 25 | -5.1% | 27.9% | ||
| Q2 25 | -26.6% | 16.8% | ||
| Q1 25 | 1.1% | -45.2% | ||
| Q4 24 | -8.0% | -0.1% | ||
| Q3 24 | 11.0% | 22.1% | ||
| Q2 24 | -11.1% | 29.9% | ||
| Q1 24 | -9.4% | -36.0% |
资本支出强度PDFSSWIM
| Q4 25 | 15.7% | 9.2% | ||
| Q3 25 | 10.8% | 3.6% | ||
| Q2 25 | 16.5% | 4.0% | ||
| Q1 25 | 17.0% | 3.1% | ||
| Q4 24 | 11.3% | 7.2% | ||
| Q3 24 | 9.0% | 2.7% | ||
| Q2 24 | 12.8% | 2.8% | ||
| Q1 24 | 4.9% | 4.8% |
现金转化率PDFSSWIM
| Q4 25 | — | — | ||
| Q3 25 | 2.54× | 6.29× | ||
| Q2 25 | -4.55× | 2.25× | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.98× | — | ||
| Q3 24 | 4.20× | 6.32× | ||
| Q2 24 | 0.40× | 3.95× | ||
| 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% |
SWIM
| In Ground Swimming Pools | $50.2M | 50% |
| Covers | $37.0M | 37% |
| Liners | $12.7M | 13% |
