secwatch.observer — SEC 8-K summary
======================================

Issuer:     PDF SOLUTIONS INC (PDFS)
CIK:        0001120914
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001437749-26-015603
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1120914/000143774926015603/0001437749-26-015603-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1120914/000143774926015603/pdfs20260301_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-015603

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer