PDF Solutions® Reports Second Quarter 2026 Financial Results
PDF Solutions, Inc. (Nasdaq: PDFS) reported Q2 2026 results for the quarter ended June 30. Revenue was $61.5 million, up 19% year over year. GAAP gross margin was 69% and GAAP diluted EPS was $0.10. Ending backlog was $270.7 million. The company reaffirmed a 20% 2026 annual revenue growth target.
How this was made
The 30-second read
Why it matters
Traders can update near-term expectations using the reported revenue, margin, EPS, and backlog, and assess whether the reaffirmed 20% annual revenue growth target is credible given GAAP profitability trends.
Market read
A company-specific earnings and guidance reaffirmation with quantified backlog and margin/EPS details, relevant for valuation and estimate revisions.
What to watch
Backlog increased to $270.7M, but the article does not quantify backlog conversion timing or customer concentration, which can materially affect revenue visibility.
Background
PDF Solutions is a provider of data solutions for the semiconductor and electronics ecosystem; this release covers Q2 2026 financials and outlook.
Ticker impact
PDF Solutions reported Q2 2026 results, including $61.5M revenue (+19% YoY), EPS of $0.10 GAAP and $0.27 non-GAAP, plus $270.7M backlog.
Likely positive bias for the stock on earnings-day positioning, with follow-through dependent on how investors interpret GAAP margin compression versus non-GAAP strength and backlog quality.
The article provides multiple quantified KPIs (revenue, margins, EPS, backlog) and reaffirms a 20% annual revenue growth target, which are direct inputs to valuation and forward expectations.
Market effects
Signals demand and spending momentum in semiconductor manufacturing data/analytics tooling, potentially supportive for adjacent data solutions vendors.
Limited direct regional read-through; company is headquartered in Santa Clara with global operations.
Moderate, as semiconductor ecosystem spend is globally distributed, but the disclosure is company-specific.
Counterpoint
GAAP operating margin fell to 8% from 10% in Q1, and GAAP EPS declined sequentially, suggesting the quality of earnings may be less robust than non-GAAP metrics imply.
Key entities
- companyPDF Solutions, Inc.
Nasdaq-listed provider of semiconductor and electronics data solutions; reported Q2 2026 results and reaffirmed 20% annual revenue growth target for 2026.
- personJohn Kibarian
CEO and President, quoted reaffirming growth trajectory and citing customer wins and backlog increase.
