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PDF SOLUTIONS INC（PDFS）与合众银行（WASH）财务数据对比。点击上方公司名可切换其他公司
PDF SOLUTIONS INC的季度营收约是合众银行的1.1倍（$62.4M vs $57.8M），合众银行净利率更高（21.8% vs -0.1%，领先21.9%），过去两年PDF SOLUTIONS INC的营收复合增速更高（22.9% vs 9.5%）
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美国跨国金融机构，总部位于明尼苏达州明尼阿波利斯，在特拉华州注册成立。截至2025年，该银行为美国第五大银行，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金融机构。它主营银行、投资、抵押贷款等多元金融业务。
PDFS vs WASH — 直观对比
营收规模更大
PDFS
是对方的1.1倍
$57.8M
净利率更高
WASH
高出21.9%
-0.1%
两年增速更快
PDFS
近两年复合增速
9.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $62.4M | $57.8M |
| 净利润 | $-48.0K | $12.6M |
| 毛利率 | 72.9% | — |
| 营业利润率 | 5.5% | — |
| 净利率 | -0.1% | 21.8% |
| 营收同比 | 24.6% | — |
| 净利润同比 | -108.9% | 3.5% |
| 每股收益（稀释后） | $0.00 | $0.66 |
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PDFSWASH
| Q1 26 | — | $57.8M | ||
| Q4 25 | $62.4M | $59.3M | ||
| Q3 25 | $57.1M | $56.5M | ||
| Q2 25 | $51.7M | $54.3M | ||
| Q1 25 | $47.8M | $59.1M | ||
| Q4 24 | $50.1M | $12.4M | ||
| Q3 24 | $46.4M | $48.5M | ||
| Q2 24 | $41.7M | $48.2M |
净利润PDFSWASH
| Q1 26 | — | $12.6M | ||
| Q4 25 | $-48.0K | $16.0M | ||
| Q3 25 | $1.3M | $10.8M | ||
| Q2 25 | $1.1M | $13.2M | ||
| Q1 25 | $-3.0M | $12.2M | ||
| Q4 24 | $539.0K | $-60.8M | ||
| Q3 24 | $2.2M | $11.0M | ||
| Q2 24 | $1.7M | $10.8M |
毛利率PDFSWASH
| 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PDFSWASH
| Q1 26 | — | — | ||
| Q4 25 | 5.5% | 34.9% | ||
| Q3 25 | 8.5% | 24.7% | ||
| Q2 25 | 2.2% | 31.6% | ||
| Q1 25 | -7.4% | 26.5% | ||
| Q4 24 | 1.0% | -648.7% | ||
| Q3 24 | 4.6% | 28.5% | ||
| Q2 24 | 0.6% | 28.7% |
净利率PDFSWASH
| Q1 26 | — | 21.8% | ||
| Q4 25 | -0.1% | 27.0% | ||
| Q3 25 | 2.3% | 19.2% | ||
| Q2 25 | 2.2% | 24.4% | ||
| Q1 25 | -6.3% | 20.6% | ||
| Q4 24 | 1.1% | -491.4% | ||
| Q3 24 | 4.8% | 22.6% | ||
| Q2 24 | 4.1% | 22.4% |
每股收益（稀释后）PDFSWASH
| Q1 26 | — | $0.66 | ||
| Q4 25 | $0.00 | $0.84 | ||
| Q3 25 | $0.03 | $0.56 | ||
| Q2 25 | $0.03 | $0.68 | ||
| Q1 25 | $-0.08 | $0.63 | ||
| Q4 24 | $0.01 | $-3.54 | ||
| Q3 24 | $0.06 | $0.64 | ||
| Q2 24 | $0.04 | $0.63 |
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 | $12.3M |
| 总债务越低越好 | $67.0M | — |
| 股东权益账面价值 | $271.0M | $546.8M |
| 总资产 | $418.7M | $6.5B |
| 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PDFSWASH
| Q1 26 | — | $12.3M | ||
| 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 | — |
总债务PDFSWASH
| Q1 26 | — | — | ||
| Q4 25 | $67.0M | — | ||
| Q3 25 | $67.6M | — | ||
| Q2 25 | $68.1M | — | ||
| Q1 25 | $68.7M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益PDFSWASH
| Q1 26 | — | $546.8M | ||
| Q4 25 | $271.0M | $543.6M | ||
| Q3 25 | $264.4M | $533.0M | ||
| Q2 25 | $257.5M | $527.5M | ||
| Q1 25 | $249.0M | $521.7M | ||
| Q4 24 | $246.0M | $499.7M | ||
| Q3 24 | $240.5M | $502.2M | ||
| Q2 24 | $232.2M | $471.0M |
总资产PDFSWASH
| Q1 26 | — | $6.5B | ||
| Q4 25 | $418.7M | $6.6B | ||
| Q3 25 | $406.4M | $6.7B | ||
| Q2 25 | $391.1M | $6.7B | ||
| Q1 25 | $390.0M | $6.6B | ||
| Q4 24 | $315.3M | $6.9B | ||
| Q3 24 | $307.4M | $7.1B | ||
| Q2 24 | $298.0M | $7.2B |
负债/权益比PDFSWASH
| Q1 26 | — | — | ||
| Q4 25 | 0.25× | — | ||
| Q3 25 | 0.26× | — | ||
| Q2 25 | 0.26× | — | ||
| Q1 25 | 0.28× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 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 | — |
| 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PDFSWASH
| Q1 26 | — | — | ||
| Q4 25 | $17.3M | $80.3M | ||
| Q3 25 | $3.3M | $39.6M | ||
| Q2 25 | $-5.2M | $11.3M | ||
| Q1 25 | $8.6M | $8.4M | ||
| Q4 24 | $1.6M | $57.7M | ||
| Q3 24 | $9.3M | $25.7M | ||
| Q2 24 | $684.0K | $11.2M |
自由现金流PDFSWASH
| Q1 26 | — | — | ||
| Q4 25 | $7.5M | $78.3M | ||
| Q3 25 | $-2.9M | $39.3M | ||
| Q2 25 | $-13.8M | $10.9M | ||
| Q1 25 | $535.0K | $8.4M | ||
| Q4 24 | $-4.0M | $53.7M | ||
| Q3 24 | $5.1M | $24.4M | ||
| Q2 24 | $-4.6M | $9.6M |
自由现金流率PDFSWASH
| Q1 26 | — | — | ||
| Q4 25 | 12.1% | 132.2% | ||
| Q3 25 | -5.1% | 69.6% | ||
| Q2 25 | -26.6% | 20.2% | ||
| Q1 25 | 1.1% | 14.2% | ||
| Q4 24 | -8.0% | 433.8% | ||
| Q3 24 | 11.0% | 50.4% | ||
| Q2 24 | -11.1% | 19.8% |
资本支出强度PDFSWASH
| Q1 26 | — | — | ||
| Q4 25 | 15.7% | 3.4% | ||
| Q3 25 | 10.8% | 0.6% | ||
| Q2 25 | 16.5% | 0.7% | ||
| Q1 25 | 17.0% | 0.1% | ||
| Q4 24 | 11.3% | 32.3% | ||
| Q3 24 | 9.0% | 2.6% | ||
| Q2 24 | 12.8% | 3.4% |
现金转化率PDFSWASH
| Q1 26 | — | — | ||
| Q4 25 | — | 5.03× | ||
| Q3 25 | 2.54× | 3.65× | ||
| Q2 25 | -4.55× | 0.86× | ||
| Q1 25 | — | 0.69× | ||
| Q4 24 | 2.98× | — | ||
| Q3 24 | 4.20× | 2.34× | ||
| Q2 24 | 0.40× | 1.03× |
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% |
WASH
| Net Interest Income | $40.5M | 70% |
| Noninterest Income | $17.3M | 30% |
