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I believe it's been explained that the places where the PDF is provided gratis are boutique outfits. They certainly don't have near the level of output that Paizo does.
All the places I can think of off the top of my head (Modiphius, Free League) all maybe produce 1-2 books in a product line in a year.
That being said, you do get the PDF gratis, if you pre-order from them.
You seem to have confused "explanation" with "excuse". This only really works if you define "99% of every game company that isn't Paizo or WotC" as "boutique" (which, in terms of volume, they are), and even then, that's even LESS of an excuse since those shops do much less volume and can less afford to do what they do and Paizo doesn't.
There's really no excuse for not including a PDF with any hardcover purchased directly from the publisher. Not doing so is greed, pure and simple. If there's some hidden cost inherent in PDFs that is on top of the cost of producing the book (and is more than fractions of a cent when distributed across all copies of the PDF sold and/or gratis with a book purchase), I'm all ears. (Spoiler, there's not.)