Abstract This paper proposes a non‐iterative procedure for flaw(s) characterization based on Pulsed Eddy Current Testing (PECT) signals analysis. The adopted inversion strategy is based on the use of supervised statistical learning algorithms. A numerical forward solver, based on the Finite Integration Technique (FIT), is used for the generation of the training data (the input‐targets couples of the learning algorithm). Predictions are then carried out in almost real‐time using a non‐linear kernel based regression method, known as kernel ridge regression. It turns out that the direct fit of the regression model to the raw PECT signals may lead to poor prediction accuracy due to the large cardinality of PECT signals. To remedy this problem, ...