PDF Solutions Q1 revenue rises 26%, slightly beats estimates

PDF Solutions

07/05/2026 21:26

Overview

Semiconductor data solutions provider's Q1 revenue grew 26% yr/yr, slightly beating analyst expectations

Adjusted EPS and adjusted net income for Q1 beat analyst expectations

Company reaffirmed 20% annual revenue growth guidance for 2026

Outlook

PDF Solutions reaffirms 20% annual revenue growth guidance for 2026

Company continues to target long-term gross margin of 77% and operating margin of 27%

Company sees continued market adoption and momentum for its products

Result Drivers

CUSTOMER RENEWALS - Co cited a large fabless customer renewing its commitment to Exensio as a key driver

NEW PROJECTS - Co highlighted a large semiconductor IDM developing its next generation test solution with PDF Solutions

PRODUCT ADOPTION - Additional eProbe tool shipped to an existing leading-edge semiconductor customer contributed to results

Company press release: ID:nGNXb8yQN

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Slight Beat*
$60.13 mln
$59.71 mln (4 Analysts)
Q1 Adjusted EPS
Beat
$0.31
$0.23 (4 Analysts)
Q1 EPS
$0.12
Q1 Adjusted Net Income
Beat
$12.60 mln
$9.18 mln (3 Analysts)
Q1 Net Income
$4.79 mln
Q1 Gross Margin
72.00%
Q1 Adjusted Gross Margin
76.00%
Q1 Pretax Profit
$5.82 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the semiconductor equipment & testing peer group is "buy"

Wall Street's median 12-month price target for PDF Solutions Inc is $41.50, about 13.7% below its May 6 closing price of $48.09

The stock recently traded at 40 times the next 12-month earnings vs. a P/E of 30 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)