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PDF SOLUTIONS INC（PDFS）与Talkspace, Inc.（TALK）财务数据对比。点击上方公司名可切换其他公司
Talkspace, Inc.的季度营收约是PDF SOLUTIONS INC的1.0倍（$63.0M vs $62.4M），Talkspace, Inc.净利率更高（7.6% vs -0.1%，领先7.6%），Talkspace, Inc.同比增速更快（29.3% vs 24.6%），过去两年PDF SOLUTIONS INC的营收复合增速更高（22.9% vs 17.8%）
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。
Talkspace, Inc.是一家提供线上与移动端心理咨询服务的美国企业，由奥伦·弗兰克与罗尼·弗兰克创立于2012年，总部位于纽约。公司依托网页与移动端平台，帮助用户对接具备执业资质的心理咨询师与精神科医师，支持文字、音频、视频消息沟通，部分场景还可提供实时视频咨询服务。
PDFS vs TALK — 直观对比
营收规模更大
TALK
是对方的1.0倍
$62.4M
营收增速更快
TALK
高出4.7%
24.6%
净利率更高
TALK
高出7.6%
-0.1%
两年增速更快
PDFS
近两年复合增速
17.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $62.4M | $63.0M |
| 净利润 | $-48.0K | $4.8M |
| 毛利率 | 72.9% | — |
| 营业利润率 | 5.5% | 6.1% |
| 净利率 | -0.1% | 7.6% |
| 营收同比 | 24.6% | 29.3% |
| 净利润同比 | -108.9% | 292.5% |
| 每股收益（稀释后） | $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PDFSTALK
| Q4 25 | $62.4M | $63.0M | ||
| Q3 25 | $57.1M | $59.4M | ||
| Q2 25 | $51.7M | $54.3M | ||
| Q1 25 | $47.8M | $52.2M | ||
| Q4 24 | $50.1M | $48.7M | ||
| Q3 24 | $46.4M | $47.4M | ||
| Q2 24 | $41.7M | $46.1M | ||
| Q1 24 | $41.3M | $45.4M |
净利润PDFSTALK
| Q4 25 | $-48.0K | $4.8M | ||
| Q3 25 | $1.3M | $3.3M | ||
| Q2 25 | $1.1M | $-541.0K | ||
| Q1 25 | $-3.0M | $318.0K | ||
| Q4 24 | $539.0K | $1.2M | ||
| Q3 24 | $2.2M | $1.9M | ||
| Q2 24 | $1.7M | $-474.0K | ||
| Q1 24 | $-393.0K | $-1.5M |
毛利率PDFSTALK
| Q4 25 | 72.9% | — | ||
| Q3 25 | 72.3% | — | ||
| Q2 25 | 71.2% | — | ||
| Q1 25 | 72.9% | 44.6% | ||
| Q4 24 | 68.3% | 44.2% | ||
| Q3 24 | 73.1% | 45.6% | ||
| Q2 24 | 70.6% | 45.5% | ||
| Q1 24 | 67.3% | 47.8% |
营业利润率PDFSTALK
| Q4 25 | 5.5% | 6.1% | ||
| Q3 25 | 8.5% | 3.7% | ||
| Q2 25 | 2.2% | -3.3% | ||
| Q1 25 | -7.4% | -2.1% | ||
| Q4 24 | 1.0% | 1.2% | ||
| Q3 24 | 4.6% | 0.2% | ||
| Q2 24 | 0.6% | -7.6% | ||
| Q1 24 | -4.7% | -3.7% |
净利率PDFSTALK
| Q4 25 | -0.1% | 7.6% | ||
| Q3 25 | 2.3% | 5.5% | ||
| Q2 25 | 2.2% | -1.0% | ||
| Q1 25 | -6.3% | 0.6% | ||
| Q4 24 | 1.1% | 2.5% | ||
| Q3 24 | 4.8% | 4.0% | ||
| Q2 24 | 4.1% | -1.0% | ||
| Q1 24 | -1.0% | -3.2% |
每股收益（稀释后）PDFSTALK
| Q4 25 | $0.00 | — | ||
| Q3 25 | $0.03 | $0.02 | ||
| Q2 25 | $0.03 | — | ||
| Q1 25 | $-0.08 | $0.00 | ||
| Q4 24 | $0.01 | $0.01 | ||
| Q3 24 | $0.06 | $0.01 | ||
| Q2 24 | $0.04 | $0.00 | ||
| Q1 24 | $-0.01 | $-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 | $42.2M | $37.4M |
| 总债务越低越好 | $67.0M | — |
| 股东权益账面价值 | $271.0M | $117.0M |
| 总资产 | $418.7M | $134.9M |
| 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PDFSTALK
| Q4 25 | $42.2M | $37.4M | ||
| Q3 25 | $35.9M | $39.5M | ||
| Q2 25 | $40.4M | $54.3M | ||
| Q1 25 | $54.1M | $60.1M | ||
| Q4 24 | $114.9M | $76.7M | ||
| Q3 24 | $120.2M | $119.0M | ||
| Q2 24 | $117.9M | $114.9M | ||
| Q1 24 | $122.9M | $120.3M |
总债务PDFSTALK
| 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PDFSTALK
| Q4 25 | $271.0M | $117.0M | ||
| Q3 25 | $264.4M | $109.1M | ||
| Q2 25 | $257.5M | $112.9M | ||
| Q1 25 | $249.0M | $113.4M | ||
| Q4 24 | $246.0M | $117.4M | ||
| Q3 24 | $240.5M | $117.6M | ||
| Q2 24 | $232.2M | $114.0M | ||
| Q1 24 | $225.4M | $119.6M |
总资产PDFSTALK
| Q4 25 | $418.7M | $134.9M | ||
| Q3 25 | $406.4M | $129.1M | ||
| Q2 25 | $391.1M | $132.8M | ||
| Q1 25 | $390.0M | $134.2M | ||
| Q4 24 | $315.3M | $138.7M | ||
| Q3 24 | $307.4M | $138.2M | ||
| Q2 24 | $298.0M | $133.8M | ||
| Q1 24 | $286.8M | $138.3M |
负债/权益比PDFSTALK
| 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 | $5.4M |
| 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 | — | 1.13× |
| 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PDFSTALK
| Q4 25 | $17.3M | $5.4M | ||
| Q3 25 | $3.3M | $4.7M | ||
| Q2 25 | $-5.2M | $-351.0K | ||
| Q1 25 | $8.6M | $-1.2M | ||
| Q4 24 | $1.6M | $3.7M | ||
| Q3 24 | $9.3M | $6.2M | ||
| Q2 24 | $684.0K | $4.8M | ||
| Q1 24 | $-1.9M | $-3.4M |
自由现金流PDFSTALK
| Q4 25 | $7.5M | — | ||
| Q3 25 | $-2.9M | — | ||
| Q2 25 | $-13.8M | — | ||
| Q1 25 | $535.0K | — | ||
| Q4 24 | $-4.0M | — | ||
| Q3 24 | $5.1M | — | ||
| Q2 24 | $-4.6M | $4.5M | ||
| Q1 24 | $-3.9M | $-3.8M |
自由现金流率PDFSTALK
| Q4 25 | 12.1% | — | ||
| Q3 25 | -5.1% | — | ||
| Q2 25 | -26.6% | — | ||
| Q1 25 | 1.1% | — | ||
| Q4 24 | -8.0% | — | ||
| Q3 24 | 11.0% | — | ||
| Q2 24 | -11.1% | 9.7% | ||
| Q1 24 | -9.4% | -8.3% |
资本支出强度PDFSTALK
| Q4 25 | 15.7% | — | ||
| Q3 25 | 10.8% | — | ||
| Q2 25 | 16.5% | — | ||
| Q1 25 | 17.0% | — | ||
| Q4 24 | 11.3% | — | ||
| Q3 24 | 9.0% | — | ||
| Q2 24 | 12.8% | 0.7% | ||
| Q1 24 | 4.9% | 0.8% |
现金转化率PDFSTALK
| Q4 25 | — | 1.13× | ||
| Q3 25 | 2.54× | 1.46× | ||
| Q2 25 | -4.55× | — | ||
| Q1 25 | — | -3.90× | ||
| Q4 24 | 2.98× | 3.02× | ||
| Q3 24 | 4.20× | 3.31× | ||
| 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
PDFS
| Volumebased | $38.0M | 61% |
| Other | $24.4M | 39% |
TALK
| Payor Revenue | $47.7M | 76% |
| Dte Revenue | $11.6M | 18% |
| Consumer | $3.7M | 6% |
