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PDF SOLUTIONS INC（PDFS）与Xponential Fitness, Inc.（XPOF）财务数据对比。点击上方公司名可切换其他公司
Xponential Fitness, Inc.的季度营收约是PDF SOLUTIONS INC的1.3倍（$83.0M vs $62.4M），PDF SOLUTIONS INC净利率更高（-0.1% vs -39.6%，领先39.5%），PDF SOLUTIONS INC同比增速更快（24.6% vs -0.3%），Xponential Fitness, Inc.自由现金流更多（$10.2M vs $7.5M），过去两年PDF SOLUTIONS INC的营收复合增速更高（22.9% vs 2.0%）
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。
Xponential Fitness是全球规模领先的精品健身工作室特许经营商之一，旗下加盟工作室遍布美国49个州以及全球31个国家，已开业门店超过3000家，公司总部位于加利福尼亚州欧文市，在精品健身领域拥有广泛的全球布局。
PDFS vs XPOF — 直观对比
营收规模更大
XPOF
是对方的1.3倍
$62.4M
营收增速更快
PDFS
高出24.9%
-0.3%
净利率更高
PDFS
高出39.5%
-39.6%
自由现金流更多
XPOF
多$2.6M
$7.5M
两年增速更快
PDFS
近两年复合增速
2.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $62.4M | $83.0M |
| 净利润 | $-48.0K | $-32.9M |
| 毛利率 | 72.9% | — |
| 营业利润率 | 5.5% | -9.9% |
| 净利率 | -0.1% | -39.6% |
| 营收同比 | 24.6% | -0.3% |
| 净利润同比 | -108.9% | 24.4% |
| 每股收益（稀释后） | $0.00 | $-1.18 |
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PDFSXPOF
| Q4 25 | $62.4M | $83.0M | ||
| Q3 25 | $57.1M | $78.8M | ||
| Q2 25 | $51.7M | $76.2M | ||
| Q1 25 | $47.8M | $76.9M | ||
| Q4 24 | $50.1M | $83.2M | ||
| Q3 24 | $46.4M | $80.5M | ||
| Q2 24 | $41.7M | $76.9M | ||
| Q1 24 | $41.3M | $79.7M |
净利润PDFSXPOF
| Q4 25 | $-48.0K | $-32.9M | ||
| Q3 25 | $1.3M | $-4.9M | ||
| Q2 25 | $1.1M | $969.0K | ||
| Q1 25 | $-3.0M | $-1.9M | ||
| Q4 24 | $539.0K | $-43.5M | ||
| Q3 24 | $2.2M | $-12.1M | ||
| Q2 24 | $1.7M | $-9.6M | ||
| Q1 24 | $-393.0K | $-2.5M |
毛利率PDFSXPOF
| 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% | — | ||
| Q1 24 | 67.3% | — |
营业利润率PDFSXPOF
| Q4 25 | 5.5% | -9.9% | ||
| Q3 25 | 8.5% | 4.5% | ||
| Q2 25 | 2.2% | 19.5% | ||
| Q1 25 | -7.4% | 12.6% | ||
| Q4 24 | 1.0% | -62.4% | ||
| Q3 24 | 4.6% | -8.2% | ||
| Q2 24 | 0.6% | -4.0% | ||
| Q1 24 | -4.7% | 10.0% |
净利率PDFSXPOF
| Q4 25 | -0.1% | -39.6% | ||
| Q3 25 | 2.3% | -6.2% | ||
| Q2 25 | 2.2% | 1.3% | ||
| Q1 25 | -6.3% | -2.5% | ||
| Q4 24 | 1.1% | -52.3% | ||
| Q3 24 | 4.8% | -15.1% | ||
| Q2 24 | 4.1% | -12.4% | ||
| Q1 24 | -1.0% | -3.1% |
每股收益（稀释后）PDFSXPOF
| Q4 25 | $0.00 | $-1.18 | ||
| Q3 25 | $0.03 | $-0.18 | ||
| Q2 25 | $0.03 | $-0.01 | ||
| Q1 25 | $-0.08 | $-0.10 | ||
| Q4 24 | $0.01 | $-1.39 | ||
| Q3 24 | $0.06 | $-0.29 | ||
| Q2 24 | $0.04 | $-0.30 | ||
| Q1 24 | $-0.01 | $-0.29 |
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 | $525.0M |
| 股东权益账面价值 | $271.0M | $-269.1M |
| 总资产 | $418.7M | $345.6M |
| 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PDFSXPOF
| 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PDFSXPOF
| Q4 25 | $67.0M | $525.0M | ||
| Q3 25 | $67.6M | $376.4M | ||
| Q2 25 | $68.1M | $377.8M | ||
| Q1 25 | $68.7M | $379.1M | ||
| Q4 24 | — | $352.4M | ||
| Q3 24 | — | $353.8M | ||
| Q2 24 | — | $330.1M | ||
| Q1 24 | — | $331.4M |
股东权益PDFSXPOF
| Q4 25 | $271.0M | $-269.1M | ||
| Q3 25 | $264.4M | $-230.4M | ||
| Q2 25 | $257.5M | $-225.0M | ||
| Q1 25 | $249.0M | $-225.2M | ||
| Q4 24 | $246.0M | $-216.6M | ||
| Q3 24 | $240.5M | $-155.7M | ||
| Q2 24 | $232.2M | $-151.9M | ||
| Q1 24 | $225.4M | $-144.4M |
总资产PDFSXPOF
| Q4 25 | $418.7M | $345.6M | ||
| Q3 25 | $406.4M | $355.3M | ||
| Q2 25 | $391.1M | $399.8M | ||
| Q1 25 | $390.0M | $412.4M | ||
| Q4 24 | $315.3M | $403.4M | ||
| Q3 24 | $307.4M | $472.2M | ||
| Q2 24 | $298.0M | $475.2M | ||
| Q1 24 | $286.8M | $508.4M |
负债/权益比PDFSXPOF
| 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 | $10.7M |
| 自由现金流经营现金流 - 资本支出 | $7.5M | $10.2M |
| 自由现金流率自由现金流/营收 | 12.1% | 12.3% |
| 资本支出强度资本支出/营收 | 15.7% | 0.6% |
| 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 | $24.7M |
8季度趋势，按日历期对齐
经营现金流PDFSXPOF
| Q4 25 | $17.3M | $10.7M | ||
| Q3 25 | $3.3M | $9.3M | ||
| Q2 25 | $-5.2M | $2.5M | ||
| Q1 25 | $8.6M | $5.8M | ||
| Q4 24 | $1.6M | $776.0K | ||
| Q3 24 | $9.3M | $5.2M | ||
| Q2 24 | $684.0K | $3.0M | ||
| Q1 24 | $-1.9M | $2.7M |
自由现金流PDFSXPOF
| Q4 25 | $7.5M | $10.2M | ||
| Q3 25 | $-2.9M | $8.2M | ||
| Q2 25 | $-13.8M | $996.0K | ||
| Q1 25 | $535.0K | $5.4M | ||
| Q4 24 | $-4.0M | $674.0K | ||
| Q3 24 | $5.1M | $3.4M | ||
| Q2 24 | $-4.6M | $872.0K | ||
| Q1 24 | $-3.9M | $1.8M |
自由现金流率PDFSXPOF
| Q4 25 | 12.1% | 12.3% | ||
| Q3 25 | -5.1% | 10.4% | ||
| Q2 25 | -26.6% | 1.3% | ||
| Q1 25 | 1.1% | 7.0% | ||
| Q4 24 | -8.0% | 0.8% | ||
| Q3 24 | 11.0% | 4.2% | ||
| Q2 24 | -11.1% | 1.1% | ||
| Q1 24 | -9.4% | 2.3% |
资本支出强度PDFSXPOF
| Q4 25 | 15.7% | 0.6% | ||
| Q3 25 | 10.8% | 1.4% | ||
| Q2 25 | 16.5% | 2.0% | ||
| Q1 25 | 17.0% | 0.6% | ||
| Q4 24 | 11.3% | 0.1% | ||
| Q3 24 | 9.0% | 2.3% | ||
| Q2 24 | 12.8% | 2.8% | ||
| Q1 24 | 4.9% | 1.1% |
现金转化率PDFSXPOF
| Q4 25 | — | — | ||
| Q3 25 | 2.54× | — | ||
| Q2 25 | -4.55× | 2.60× | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.98× | — | ||
| Q3 24 | 4.20× | — | ||
| 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% |
XPOF
| Franchise | $51.5M | 62% |
| Products | $9.7M | 12% |
| Franchise Marketing Fund Revenue | $8.9M | 11% |
| Service Other | $8.3M | 10% |
| Spartan Fitness | $4.5M | 5% |
