IPDN

MKT CAP:$2M

Professional Diversity Network, Inc.

Market Cap

$2M

Industrials·Staffing & Employment Services·🇺🇸 United States·NASDAQ

Industrials·Staffing·🇺🇸·NASDAQ

Stock Price

$0.97-$0.36 (-27.07%)

Apr 23, 2026

Company Details

Professional Diversity Network, Inc. operates online professional networking communities with career resources in the United States. It operates in three segments: Professional Diversity Network (PDN Network), National Association of Profes...

CEO

Xun Wu

IPO Date

Mar 5, 2013

Website

www.ipdnusa.com

Key Metrics TTM

Revenue

$14M

-33.2% YoY

Net Income

-$10M

EPS (Diluted)

-$4.25

Free Cash Flow

-$6M

Revenue / Share

$6.65

Gross Margin

69.5%

Operating Margin

-80.2%

Net Margin

-73.7%

FCF Margin

-43.5%

P/S

0.1x

P/E

—

Earnings Reports

Q4 2025

May 12, 2026

PENDING

Q3 2025

Nov 14, 2025

$2MEPS -$0.83

Q3 2023

Nov 14, 2023

$2MEPS -$0.12

Q1 2018

May 15, 2018

$4M-37.0%EPS -$0.96

FY 2017

Apr 30, 2018

$22M-15.9%EPS -$11.37

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 15	$8M	$7M	-$3M
Q1 16	$7M	$6M	-$2M
Q2 16	$7M	$6M	-$941.2K
Q3 16	$6M	$6M	-$1M
Q4 16	$6M	$5M	$533.5K
Q1 17	$6M	$5M	-$4M
Q2 17	$5M	$4M	-$12M
Q3 17	$4M	$4M	-$3M
Q4 17	$7M	$5M	-$5M
Q1 18	$4M	$3M	-$2M
Q3 23	$2M	$1M	-$1M
Q3 25	$2M	$762.8K	-$2M

Valuation

Quarter	P/S	P/E
Q4 15	—	—
Q1 16	—	—
Q2 16	—	—
Q3 16	7.8x	—
Q4 16	15.1x	—
Q1 17	15.7x	—
Q2 17	11.1x	—
Q3 17	7.1x	—
Q4 17	8.0x	—
Q1 18	6.2x	—
Q3 23	17.3x	—
Q3 25	0.6x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 15	-$2M	-$2M
Q1 16	-$444.9K	-$444.9K
Q2 16	-$2M	-$2M
Q3 16	-$255.5K	-$255.5K
Q4 16	-$4M	-$4M
Q1 17	-$3M	-$3M
Q2 17	-$1M	-$1M
Q3 17	-$2M	-$2M
Q4 17	$122.8K	$61.0K
Q1 18	-$2M	-$2M
Q3 23	-$2M	-$2M
Q3 25	-$3M	-$3M

Capital Expenditures

Quarter	CapEx
Q4 15	$56.6K
Q1 16	$0
Q2 16	$0
Q3 16	$0
Q4 16	$5.3K
Q1 17	$52.3K
Q2 17	$71.9K
Q3 17	$152.8K
Q4 17	$61.9K
Q1 18	$28.0K
Q3 23	$57.4K
Q3 25	$0

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 16	-30.6%	-55.7%
Q1 17	-23.3%	+0.9%
Q2 17	-23.2%	+127.0%
Q3 17	-30.5%	-6.6%
Q4 17	+18.7%	+132.4%
Q1 18	-37.0%	-36.8%
Q3 23	-61.8%	-81.1%
Q3 25	-60.8%	-42.6%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 15	$95.4K	1.2%
Q1 16	$57.2K	0.8%
Q2 16	$42.6K	0.6%
Q3 16	$117.7K	1.9%
Q4 16	$46.8K	0.8%
Q1 17	$515.5K	9.1%
Q2 17	$69.8K	1.3%
Q3 17	$146.1K	3.3%
Q4 17	$169.0K	2.5%
Q1 18	$118.4K	3.3%
Q3 23	$199.0K	9.9%
Q3 25	$0	0.0%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q4 15	$153.3K	$4M	$5M
Q1 16	$108.3K	$4M	$4M
Q2 16	$45.2K	$3M	$3M
Q3 16	$62.0K	$3M	$3M
Q4 16	$67.2K	$2M	$3M
Q1 17	$73.0K	$5M	$3M
Q2 17	$35.0K	$4M	$3M
Q3 17	$39.0K	$3M	$2M
Q4 17	$43.8K	$3M	$2M
Q1 18	$16.0K	$3M	$2M
Q3 23	$16.2K	$1M	$912.7K
Q3 25	—	$2.6B	$433.7K

Revenue Segments

Quarter	NAPW Network	Noble Voice	PDN Network	China Operations
Q4 16	$3M	$2M	$682.3K	—
Q1 17	$3M	$2M	$724.2K	$324.2K
Q2 17	$2M	$2M	$682.4K	$505.5K
Q3 17	$2M	$1M	$759.6K	$68.9K
Q1 18	$2M	$1M	$691.1K	$6.5K

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$3M	$0	$3M
Q2 22	$2M	$0	$2M
Q3 22	$1M	$0	$1M
Q4 22	$1M	$0	$1M
Q1 23	$964.0K	$0	$964.0K
Q2 23	$2M	$0	$2M
Q3 23	$615.1K	$0	$615.1K
Q4 23	$627.6K	$0	$627.6K
Q1 24	$97.1K	$0	$97.1K
Q2 24	$619.3K	$0	$619.3K
Q3 24	$133.7K	$0	$133.7K
Q4 24	$2M	$0	$2M
Q1 25	$496.4K	$0	$496.4K
Q2 25	$125.1K	$0	$125.1K
Q3 25	$265.3K	$0	$265.3K
Q4 25	$217.0K	$0	$217.0K

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 15	903K	—	—
Q1 16	904K	+0.2%	—
Q2 16	904K	0.0%	—
Q3 16	905K	+0.1%	—
Q4 16	1M	+59.1%	+59.5%
Q1 17	2M	+34.4%	+114.0%
Q2 17	2M	+1.6%	+117.5%
Q3 17	2M	0.0%	+117.3%
Q4 17	2M	+0.4%	+37.2%
Q1 18	2M	+6.9%	+9.1%
Q3 23	11M	+426.6%	+465.3%
Q3 25	2M	-81.0%	+7.3%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 15	$23.0K	355
Q1 16	$20.7K	355
Q2 16	$19.3K	355
Q3 16	$17.9K	355
Q4 16	$22.4K	253
Q1 17	$22.3K	253
Q2 17	$20.8K	253
Q3 17	$17.5K	253
Q4 17	$40.3K	167
Q1 18	$21.2K	167
Q3 23	$49.0K	41
Q3 25	$40.3K	43

Revenue / Employee