---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-015603"
form_type: "8-K"
ticker: "PDFS"
cik: "0001120914"
company_name: "PDF SOLUTIONS INC"
filed_at: "2026-05-07T23:59:59+00:00"
generated_at: "2026-05-14T21:24:19.758333+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# PDF Solutions Q1 rev $60.1M (+26% YoY), GAAP EPS $0.12, non-GAAP EPS $0.31

## Summary
- Revenue $60.1M vs $47.8M YoY; platform revenue $50.9M (+36% YoY), volume-based $9.2M (-12% YoY).
- GAAP operating margin 10% (vs -7% YoY); non-GAAP operating margin 25% (vs 18% YoY).
- Ending backlog $246.4M; reaffirms 20% annual revenue growth guidance for 2026.
- Operating cash flow $1.7M; capex $10.5M; weighted avg shares 39.9M.
- Recurring revenue 89% of total; large fabless customer renewed Exensio commitment.

## SEC filing metadata
- accession: 0001437749-26-015603
- form_type: 8-K
- ticker: PDFS
- cik: 0001120914
- company_name: PDF SOLUTIONS INC
- filed_at: 2026-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1120914/000143774926015603/0001437749-26-015603-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1120914/000143774926015603/pdfs20260301_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-015603
- JSON: https://secwatch.observer/filing/0001437749-26-015603.json
- Plain text: https://secwatch.observer/filing/0001437749-26-015603.txt

## Source-grounded claims
- claim_id: 8761548d91871221695806e816f5d45084c1b1ba
  claim: PDF SOLUTIONS INC reported first quarter ended March 31, 2026 results: revenue $60.1 million, net income $4.8 million, or $0.12 per diluted share, EPS $0.12. Guidance reaffirmed.
  evidence_excerpt: electronics ecosystem, today announced financial results for its first quarter ended March 31, 2026 . Financial Highlights of First Quarter 2026 ● Quarterly total revenues of $60.1 million, up 26% over last year ’ s comparable quarter ● GAAP gross margin of 72% and non-GAAP gross margin of 76% ● GAAP operating margin of 10% and non-GAAP operating margin of 25% ●
  evidence_url: https://www.sec.gov/Archives/edgar/data/1120914/000143774926015603/0001437749-26-015603-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.