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PDF SOLUTIONS INC（PDFS）与Townsquare Media, Inc.（TSQ）财务数据对比。点击上方公司名可切换其他公司
Townsquare Media, Inc.的季度营收约是PDF SOLUTIONS INC的1.7倍（$106.5M vs $62.4M），PDF SOLUTIONS INC净利率更高（-0.1% vs -4.9%，领先4.8%），PDF SOLUTIONS INC同比增速更快（24.6% vs -9.6%），Townsquare Media, Inc.自由现金流更多（$9.2M vs $7.5M），过去两年PDF SOLUTIONS INC的营收复合增速更高（22.9% vs 3.4%）
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。
Townsquare Media是总部位于美国纽约州帕切斯的广播电台网络与传媒企业，该公司起步于广播业务，在2000年代末通过收购MOG音乐网络，逐步拓展数字媒体业务。截至2024年6月，Townsquare Media是美国第三大调幅调频广播运营商，在全国74个市场共拥有349家电台。
PDFS vs TSQ — 直观对比
营收规模更大
TSQ
是对方的1.7倍
$62.4M
营收增速更快
PDFS
高出34.2%
-9.6%
净利率更高
PDFS
高出4.8%
-4.9%
自由现金流更多
TSQ
多$1.6M
$7.5M
两年增速更快
PDFS
近两年复合增速
3.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $62.4M | $106.5M |
| 净利润 | $-48.0K | $-5.2M |
| 毛利率 | 72.9% | 24.1% |
| 营业利润率 | 5.5% | 9.5% |
| 净利率 | -0.1% | -4.9% |
| 营收同比 | 24.6% | -9.6% |
| 净利润同比 | -108.9% | -121.2% |
| 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PDFSTSQ
| Q4 25 | $62.4M | $106.5M | ||
| Q3 25 | $57.1M | $106.8M | ||
| Q2 25 | $51.7M | $115.4M | ||
| Q1 25 | $47.8M | $98.7M | ||
| Q4 24 | $50.1M | $117.8M | ||
| Q3 24 | $46.4M | $115.3M | ||
| Q2 24 | $41.7M | $118.2M | ||
| Q1 24 | $41.3M | $99.6M |
净利润PDFSTSQ
| Q4 25 | $-48.0K | $-5.2M | ||
| Q3 25 | $1.3M | $-5.9M | ||
| Q2 25 | $1.1M | $1.6M | ||
| Q1 25 | $-3.0M | $-2.0M | ||
| Q4 24 | $539.0K | $24.6M | ||
| Q3 24 | $2.2M | $10.8M | ||
| Q2 24 | $1.7M | $-49.2M | ||
| Q1 24 | $-393.0K | $1.1M |
毛利率PDFSTSQ
| Q4 25 | 72.9% | 24.1% | ||
| Q3 25 | 72.3% | 26.2% | ||
| Q2 25 | 71.2% | 28.3% | ||
| Q1 25 | 72.9% | 23.2% | ||
| Q4 24 | 68.3% | 31.6% | ||
| Q3 24 | 73.1% | 27.3% | ||
| Q2 24 | 70.6% | 27.7% | ||
| Q1 24 | 67.3% | 22.8% |
营业利润率PDFSTSQ
| Q4 25 | 5.5% | 9.5% | ||
| Q3 25 | 8.5% | 5.6% | ||
| Q2 25 | 2.2% | 18.2% | ||
| Q1 25 | -7.4% | 7.2% | ||
| Q4 24 | 1.0% | 18.1% | ||
| Q3 24 | 4.6% | 13.1% | ||
| Q2 24 | 0.6% | -18.1% | ||
| Q1 24 | -4.7% | 6.7% |
净利率PDFSTSQ
| Q4 25 | -0.1% | -4.9% | ||
| Q3 25 | 2.3% | -5.5% | ||
| Q2 25 | 2.2% | 1.4% | ||
| Q1 25 | -6.3% | -2.0% | ||
| Q4 24 | 1.1% | 20.8% | ||
| Q3 24 | 4.8% | 9.4% | ||
| Q2 24 | 4.1% | -41.7% | ||
| Q1 24 | -1.0% | 1.1% |
每股收益（稀释后）PDFSTSQ
| Q4 25 | $0.00 | — | ||
| Q3 25 | $0.03 | $-0.36 | ||
| Q2 25 | $0.03 | $0.09 | ||
| Q1 25 | $-0.08 | $-0.12 | ||
| Q4 24 | $0.01 | $1.76 | ||
| Q3 24 | $0.06 | $0.63 | ||
| Q2 24 | $0.04 | $-3.26 | ||
| Q1 24 | $-0.01 | $0.06 |
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 | $4.8M |
| 总债务越低越好 | $67.0M | $433.0M |
| 股东权益账面价值 | $271.0M | $-41.0M |
| 总资产 | $418.7M | $528.6M |
| 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PDFSTSQ
| Q4 25 | $42.2M | $4.8M | ||
| Q3 25 | $35.9M | $3.2M | ||
| Q2 25 | $40.4M | $3.2M | ||
| Q1 25 | $54.1M | $5.5M | ||
| Q4 24 | $114.9M | $33.0M | ||
| Q3 24 | $120.2M | $21.8M | ||
| Q2 24 | $117.9M | $28.5M | ||
| Q1 24 | $122.9M | $56.6M |
总债务PDFSTSQ
| Q4 25 | $67.0M | $433.0M | ||
| Q3 25 | $67.6M | $437.6M | ||
| Q2 25 | $68.1M | $439.7M | ||
| Q1 25 | $68.7M | $448.4M | ||
| Q4 24 | — | $465.8M | ||
| Q3 24 | — | $476.7M | ||
| Q2 24 | — | $487.1M | ||
| Q1 24 | — | $500.1M |
股东权益PDFSTSQ
| Q4 25 | $271.0M | $-41.0M | ||
| Q3 25 | $264.4M | $-34.0M | ||
| Q2 25 | $257.5M | $-27.1M | ||
| Q1 25 | $249.0M | $-26.8M | ||
| Q4 24 | $246.0M | $-28.4M | ||
| Q3 24 | $240.5M | $-52.5M | ||
| Q2 24 | $232.2M | $-64.1M | ||
| Q1 24 | $225.4M | $1.8M |
总资产PDFSTSQ
| Q4 25 | $418.7M | $528.6M | ||
| Q3 25 | $406.4M | $539.2M | ||
| Q2 25 | $391.1M | $545.7M | ||
| Q1 25 | $390.0M | $544.5M | ||
| Q4 24 | $315.3M | $580.4M | ||
| Q3 24 | $307.4M | $565.4M | ||
| Q2 24 | $298.0M | $579.6M | ||
| Q1 24 | $286.8M | $636.7M |
负债/权益比PDFSTSQ
| Q4 25 | 0.25× | — | ||
| Q3 25 | 0.26× | — | ||
| Q2 25 | 0.26× | — | ||
| Q1 25 | 0.28× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 271.80× |
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 | $12.6M |
| 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% | 8.6% |
| 资本支出强度资本支出/营收 | 15.7% | 3.2% |
| 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 | $15.4M |
8季度趋势，按日历期对齐
经营现金流PDFSTSQ
| Q4 25 | $17.3M | $12.6M | ||
| Q3 25 | $3.3M | $7.9M | ||
| Q2 25 | $-5.2M | $10.2M | ||
| Q1 25 | $8.6M | $-66.0K | ||
| Q4 24 | $1.6M | $28.2M | ||
| Q3 24 | $9.3M | $9.9M | ||
| Q2 24 | $684.0K | $9.0M | ||
| Q1 24 | $-1.9M | $1.7M |
自由现金流PDFSTSQ
| Q4 25 | $7.5M | $9.2M | ||
| Q3 25 | $-2.9M | $4.3M | ||
| Q2 25 | $-13.8M | $6.4M | ||
| Q1 25 | $535.0K | $-4.5M | ||
| Q4 24 | $-4.0M | $24.5M | ||
| Q3 24 | $5.1M | $4.8M | ||
| Q2 24 | $-4.6M | $4.8M | ||
| Q1 24 | $-3.9M | $-2.8M |
自由现金流率PDFSTSQ
| Q4 25 | 12.1% | 8.6% | ||
| Q3 25 | -5.1% | 4.1% | ||
| Q2 25 | -26.6% | 5.5% | ||
| Q1 25 | 1.1% | -4.6% | ||
| Q4 24 | -8.0% | 20.8% | ||
| Q3 24 | 11.0% | 4.1% | ||
| Q2 24 | -11.1% | 4.0% | ||
| Q1 24 | -9.4% | -2.8% |
资本支出强度PDFSTSQ
| Q4 25 | 15.7% | 3.2% | ||
| Q3 25 | 10.8% | 3.3% | ||
| Q2 25 | 16.5% | 3.3% | ||
| Q1 25 | 17.0% | 4.5% | ||
| Q4 24 | 11.3% | 3.1% | ||
| Q3 24 | 9.0% | 4.4% | ||
| Q2 24 | 12.8% | 3.6% | ||
| Q1 24 | 4.9% | 4.4% |
现金转化率PDFSTSQ
| Q4 25 | — | — | ||
| Q3 25 | 2.54× | — | ||
| Q2 25 | -4.55× | 6.51× | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.98× | 1.15× | ||
| Q3 24 | 4.20× | 0.91× | ||
| Q2 24 | 0.40× | — | ||
| Q1 24 | — | 1.47× |
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% |
TSQ
| Broadcast Advertising Segment | $46.4M | 44% |
| Digital Advertising Segment | $41.7M | 39% |
| Subscription Digital Marketing Solutions Segment | $18.4M | 17% |
