Financial Overview and Growth Strategy

GAAP to Non-GAAP Gross Margin Reconciliation in thousands GAAP Gross Margin GAAP Gross Margin % Adjustments to reconcile GAAP gross margin (loss) to non-GAAP gross margin: Stock-based compensation expense Amortization of acquired technology Non-GAAP gross margin Non-GAAP gross margin % PDF/SOLUTIONS™ © 2022 PDF Solutions, All Rights Reserved 2020 2021 Q1'22 $ 51,281 $ 58% 66,867 $ 21,968 60% 66% 3,454 2,563 728 $ 705 55,440 $ 2,079 553 71,509 $ 23,250 63% 64% 69% 29

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