PDF Solutions, Inc. (PDFS) Earnings Call Transcripts

PDF Solutions, Inc.'s Latest Earnings Call - Q1 FY2026

In the first quarter of fiscal year 2026, PDF Solutions, Inc. reported total revenues of $60.1 million, reflecting a robust 26% year-over-year increase. The company achieved a net income of $12.6 million, or $0.31 per share, marking a 56% increase in net income and a 48% increase in EPS compared to the same quarter last year. Management reaffirmed its guidance for 20% revenue growth for the full year, consistent with long-term targets, signaling confidence in ongoing demand and operational execution.

Reported metrics

Guidance from management

Management reaffirmed its expectation for 20% year-over-year revenue growth for 2026, consistent with long-term targets, and indicated continued progress toward a long-term operating margin target of 27%.

What management said

We expect about 1/3 of them to end up at net new customers and the others to be repeat orders on existing customers. And maybe not all of them directly contributing to revenue this year, one of them may end up being -- will be a demo machine. So probably 5 of the 6 will be revenue generating, 1 will be demo, 2 will be at new customers. The other 4 should be at existing customers, at least as it looks now.

Yes, it's a great question. We do see quite a bit of interest. We are trying to build as many additional machines as we can, right? We've committed to 6. We are looking to do -- see what we can do about additionals. We do have interest to be able to ship additional demo machines and it is gated by our ability to -- how we look at executing. But what we don't get to this year, we will start serving next year.

What analysts pressed on

Analysts expressed concerns regarding the decline in volume-based revenue and its impact on future margins. There was also inquiry about the sustainability of demand from top customers and the implications of increased CapEx on cash flow.

Main topics on the call

• Strong Revenue Growth — PDF Solutions reported total revenues of $60.1 million, up 26% year-over-year, driven by strong bookings in Exensio and Cimetrix products. Management noted, 'Total revenues were up 26% compared to Q1 of the prior year.'
• Increased Operating Profit — The company generated approximately $15 million in operating profit, a 75% increase year-over-year. This reflects improved operational efficiency as operating margin rose to 25%, up from 18% a year ago.
• AI-Driven Product Development — Management highlighted the ongoing development of AI-enabled Exensio analytics systems, with a beta release expected in Q3 2026. CEO John Kibarian stated, 'Customer interest has been very high for this capability.'
• CapEx Increase for eProbe Systems — PDF Solutions plans to increase capital expenditures to support the production of eProbe systems, with expectations to ship 6 machines this year. CFO Adnan Raza noted, 'That spend is to make sure that we are positioned w...

Read the full PDF Solutions, Inc. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 31 PDF Solutions, Inc. earnings call transcripts on record, spanning February 13, 2020 to August 6, 2026. Based on this history, PDF Solutions, Inc. reports quarterly. The most recent call on file is dated August 6, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

PDFS

Country

US

Sector

Information Technology

Industry

Semiconductors and Semiconductor Equipment

Calls on record

31

First call

February 13, 2020

Most recent

August 6, 2026

Reporting cadence

quarterly