HIGHOutside partyCustomer
53%
top three customers
“10-K Item 1A: 'In the year ended December 31, 2025, three customers accounted for 53% of our total revenues.'”
PDFS · Concentration risk · 10-K extracted
PDF Solutions (PDFS) concentration risks
Updated
The most significant concentration PDF Solutions discloses is top three customers at 53%, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: PDF Solutions’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 2 disclosed concentrations
HIGH2
MEDIUM0
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
HIGHOutside partySupplier
sole-source providers for DirectScan components
“10-K Item 1A: 'We rely on sole-source providers for certain software as well as for specialized parts for our DirectScan system'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-07-06PDF Solutions' concentration risk runs through both its customer base and its supply chain, both disclosed at a high share. Three customers accounted for 53% of total revenues in the year ended December 31, 2025 — a high-share dependency exposure concentrated among a small number of named-category accounts. On the supply side, the company relies on sole-source providers for certain software as well as specialized parts for its DirectScan system, another high-share dependency exposure. Both are dependency-type rather than structural, meaning the risk is tied to the specific behavior and reliability of a limited set of external counterparties — customers on one side, suppliers on the other — rather than being an inherent feature of the business model. With just over half of revenue tied to three customers and a specialized product line dependent on sole-source inputs, PDF Solutions carries two separate, high-share points of vulnerability that could each independently affect results: a pullback from one of the three major customers, or a disruption at a sole-source supplier for DirectScan.
For the engine’s reasoning on PDFS’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Software - Application
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| PDFS● | PDF Solutions, Inc. | 2 | 0 | 0 | 2 |
| ADSK | Autodesk, Inc. | 1 | 1 | 1 | 3 |
| ADEA | Adeia Inc. | 1 | 0 | 0 | 1 |
| AGYS | Agilysys, Inc. | 0 | 2 | 0 | 2 |
| ADBE | Adobe Inc. | 0 | 0 | 0 | 0 |
| ADP | Automatic Data Processing, Inc. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.