What move does the options market price into PDF Solutions's report?

Implied ±11.3%, either direction.

How often does PDF Solutions move more than the options market prices?

2 of the last 8 reports moved at least as far as the implied move.

PDFSNasdaqServices-Prepackaged Software

PDF Solutions Inc (PDFS) earnings date, market-implied expected move, and options open interest by expiry

42.14

pre 41.99 −0.47%

Pre-market07:14 ETdelayed

Open43.36Volume702,683Mkt cap$1.8BP/E167.96EPS0.25

Day41.99 – 43.360%52-wk23.55 – 71.6938%

PDFS

PDF Solutions Inc

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±11.3%implied · report alone

8Q avg ±7.9%·×1.44·rich

37.4046.98

straddle ±14.1%

spot 42.19exp Nov 20ATM strike 40ATM straddle 7.00IV 93%

Nov 3 closereport share · term structure

Expected move

Inputs

Next report

Nov 5

after close · in 1 day

est.Q3 FY26

Calendar

Next report

Last report

+7.73%

vs ±14.4% implied · ×0.54

shaded = implied · ▲▼ = realized

Aug 6 '26 · confirmed

Implied vs realized

Largest filed tie

—

13F top-10 QoQ

+14.46%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

283 managers

Top fund weight

0.07%

PDFS weight · IWM

N-PORTJun 30 '26

3 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

PDF Solutions (PDFS) is expected to report on Nov 5 after close (estimated date).

Implied vs realized

8 reports

2 of 8≥ implied

avg implied: ±12.4%
avg realized: ±7.9%

Nov 7 '24Nov 7 '24confirmed±13.3%▲+3.24%×0.24

Feb 13 '25Feb 13 '25confirmed±9.1%▼−18.16%×2.00

May 8 '25May 8 '25confirmed±13.9%▼−6.07%×0.44

Aug 7 '25Aug 7 '25confirmed±9.9%▼−11.05%×1.12

Q3 FY25Nov 6 '25confirmed±11.8%▼−3.78%×0.32

Feb 12 '26Feb 12 '26confirmed±13.4%▲+4.92%×0.37

Q1 FY26May 7 '26confirmed±13.0%▲+8.24%×0.64

Q2 FY26Aug 6 '26confirmed±14.4%▲+7.73%×0.54

quarterimplied−20%0+20%realized×

Q2 FY26±14.4%▲+7.73%×0.54

Q1 FY26±13.0%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 2 expiries · Nov 3 close

0.16OI · 2 expiries · Nov 3 closeP/C open interest · Nov 20 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

172+35%Nov 2016d1,067+3%

97−8%Feb 19107d0.35278+7%0.35

ExpiryPutsCallsP/C

Nov 2016d172+35%1,067+3%0.16

Feb 19107d97−8%278+7%0.35

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±14.1%

Funds 3

IWM±0.0%

UWM±0.0%

VTI±0.0%

Dashed = straddleMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY26

6.94%as filednet margin · revenue +2.33% QoQ · +18.95% YoY

Revenue

$62M+2.33% QoQ

Gross profit

$42M−1.78% QoQ

68.95% margin

Operating income

$5M−19.78% QoQ

8.23% margin

Pre-tax income

$5M−20.50% QoQ

Net income

$4M−10.85% QoQ

6.94% margin

Cost of revenue

$19M+12.81% QoQ

Operating expenses

$37M+1.30% QoQ

SG&A $19M

R&D $17M

Other operating $1M

Other expense

$440,000

Tax

$353,000−65.56% QoQ

Revenue$62M+2.33%

Gross profit

$42M−1.78%

68.95% margin

Operating income

$5M−19.78%

8.23% margin

Pre-tax income

$5M−20.50%

Net income

$4M−10.85%

6.94% margin

Cost of revenue

$19M+12.81%

Operating expenses

$37M+1.30%

SG&A $19M

R&D $17M

Other operating $1M

Other expense

$440,000

Tax$353,000−65.56%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Jun 30 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 3 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 07:00 ET

Intraday

Event sensitivity

NFP ×2.42· ±6.2% vs ±2.5% · 10 releases

eventrelease day|move|up · n×base

NFPjobs report±6.2%6 of 10×2.42

CPIconsumer prices±3.6%7 of 11×1.43

PCEpersonal income & outlays±3.2%12 of 20×1.27

GDPgross domestic product±2.8%12 of 20×1.12

PPIproducer prices±2.7%6 of 11×1.08

CPROFcorporate profits±2.3%9 of 12×0.91

FOMCrate decision±1.9%14 of 24×0.76

Bar = avg |move| to ±7% · tick = ±2.5% avg day · ×base = |move| ÷ ±2.5% · min 6 releases

Earnings history

EPS 0.10 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 6 '26 · confirmed	0.10	—
Q1 FY26	May 7 '26 · confirmed	0.12	—
Q3 FY25	Nov 6 '25 · confirmed	0.03	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod