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6May 5, 2026·SEC
Mar 5, 2026·SEC
Feb 18, 2026·SEC
Palladyne AI Corp. (PDYN) fundamental analysis — strengths, weaknesses & financial health based on data analysis
No significant strengths identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Palladyne AI Corp. (PDYN) stock price & volume — 10-year historical chart
Palladyne AI Corp. (PDYN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Palladyne AI Corp. (PDYN) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 5, 2026 | $0.23vs $0.17-39.4% | $4Mvs $5M-28.2% |
| Q2 2026 | Mar 5, 2026 | $0.16vs $0.09-77.8% | $2Mvs $809,000+105.3% |
| Q4 2025 | Nov 12, 2025 | $0.09vs $0.18+50.0% | $860,000vs $809,000+6.3% |
| Q3 2025 | Aug 6, 2025 | $0.20vs $0.20+0.0% | $1Mvs $1M-12.0% |
Palladyne AI Corp. (PDYN) competitors in Developer tools and automation — business model, growth, and fundamentals comparison
Palladyne AI Corp. (PDYN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Palladyne AI Corp. (PDYN) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|
| Sales/Revenue | 8.81M | 5.08M | 14.57M | 6.15M | 7.79M | 5.25M | 7.07M |
| Revenue Growth % | - | -42.41% | 187.07% | -57.81% | 26.68% | -32.62% | 16.83% |
| Cost of Goods Sold | 5.6M | 3.87M | 11.61M | 5.04M | 3.49M | 2.69M | 4.81M |
| COGS % of Revenue | 63.57% | 76.2% | 79.72% | 82.02% | 44.8% | 51.28% | - |
| Gross Profit | 3.21M▲ 0% | 1.21M▼ 62.4% | 2.96M▲ 144.6% | 1.1M▼ 62.6% | 4.3M▲ 289.0% | 2.56M▼ 40.5% | 2.26M▲ 0% |
| Gross Margin % | 36.43% | 23.8% | 20.28% | 17.98% | 55.2% | 48.72% | 32% |
| Gross Profit Growth % | - | -62.38% | 144.62% | -62.61% | 288.96% | -40.53% | - |
| Operating Expenses | 24.21M | 82.2M | 179.99M | 122.06M | 31.22M | 34.96M | 39.66M |
| OpEx % of Revenue | 274.71% | 1619.68% | 1235.45% | 1986.02% | 400.99% | 666.41% | - |
| Selling, General & Admin | 10.09M | 64.68M | 73.43M | 42.28M | 20.98M | 21.94M | 25.25M |
| SG&A % of Revenue | 114.52% | 1274.54% | 504.01% | 687.96% | 269.41% | 418.28% | - |
| Research & Development | 14.12M | 17.52M | 34.14M | 39.01M | 10.44M | 12.9M | 13.93M |
| R&D % of Revenue | 160.18% | 345.14% | 234.36% | 634.75% | 134.05% | 245.88% | - |
| Other Operating Expenses | 0 | 0 | 72.42M | 40.77M | -192K | 118K | 473K |
| Operating Income | -21M▲ 0% | -80.99M▼ 285.7% | -177.04M▼ 118.6% | -120.96M▲ 31.7% | -26.92M▲ 77.7% | -32.4M▼ 20.4% | -37.39M▲ 0% |
| Operating Margin % | -238.27% | -1595.88% | -1215.17% | -1968.04% | -345.79% | -617.69% | -528.58% |
| Operating Income Growth % | - | -285.69% | -118.59% | 31.68% | 77.74% | -20.36% | - |
| EBITDA | -20.54M | -80.46M | -173.44M | -116.58M | -26.1M | -31.31M | -36.52M |
| EBITDA Margin % | -233.08% | -1585.42% | -1190.51% | -1896.86% | -335.19% | -596.87% | -516.3% |
| EBITDA Growth % | - | -291.7% | -115.57% | 32.78% | 77.61% | -19.98% | -42.37% |
| D&A (Non-Cash Add-back) | 458K | 531K | 3.59M | 4.38M | 825K | 1.09M | 869K |
| EBIT | -21M | -80.99M | -106.8M | -83.01M | -27.11M | -32.29M | -21.15M |
| Net Interest Income | 40K | -34K | 1.83M | 3.29M | 1.24M | 1.94M | 937K |
| Interest Income | 40K | 0 | 1.83M | 3.29M | 1.24M | 1.94M | 937K |
| Interest Expense | 0 | 34K | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 74K | -516K | 16.02M | 5.37M | -45.69M | 39.91M | 9.53M |
| Pretax Income | -20.93M▲ 0% | -81.51M▼ 289.5% | -161.02M▼ 97.6% | -115.59M▲ 28.2% | -72.61M▲ 37.2% | 7.5M▲ 110.3% | -27.87M▲ 0% |
| Pretax Margin % | -237.43% | -1606.05% | -1105.24% | -1880.67% | -932.6% | 142.99% | -393.92% |
| Income Tax | 1K | 1K | -3.89M | 7K | 5K | -2.54M | -2.54M |
| Effective Tax Rate % | -0% | -0% | 2.42% | -0.01% | -0.01% | -33.84% | 9.11% |
| Net Income | -20.93M▲ 0% | -81.51M▼ 289.5% | -157.13M▼ 92.8% | -115.59M▲ 26.4% | -72.62M▲ 37.2% | 10.04M▲ 113.8% | -25.33M▲ 0% |
| Net Margin % | -237.44% | -1606.07% | -1078.52% | -1880.78% | -932.66% | 191.36% | -358.04% |
| Net Income Growth % | - | -289.51% | -92.78% | 26.43% | 37.18% | 113.82% | 40.59% |
| Net Income (Continuing) | -20.93M | -81.51M | -157.13M | -115.59M | -72.62M | 10.04M | -25.33M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -3K | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -1.21▲ 0% | -4.32▼ 257.0% | -6.42▼ 48.6% | -4.51▲ 29.8% | -2.77▲ 38.6% | 0.24▲ 108.7% | -0.56▲ 0% |
| EPS Growth % | - | -257.02% | -48.61% | 29.75% | 38.58% | 108.66% | 68.8% |
| EPS (Basic) | -1.21 | -4.32 | -6.42 | -4.51 | -2.77 | 0.26 | - |
| Diluted Shares Outstanding | 17.34M | 18.86M | 24.47M | 25.64M | 26.77M | 42.13M | 45.07M |
| Basic Shares Outstanding | 17.34M | 18.86M | 24.47M | 25.64M | 26.77M | 38.84M | 45.07M |
| Dividend Payout Ratio | - | - | - | - | - | - | - |
Palladyne AI Corp. (PDYN) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|
| Total Current Assets | 36.33M | 228.33M | 129.1M | 45.06M | 42.73M | 52.56M | 50.35M |
| Cash & Short-Term Investments | 33.66M | 217.11M | 114.5M | 39.09M | 40.07M | 47.05M | 43.68M |
| Cash Only | 33.66M | 217.11M | 35.16M | 23.14M | 31.19M | 18.22M | 17.85M |
| Short-Term Investments | 0 | 0 | 79.34M | 15.95M | 8.88M | 28.84M | 25.82M |
| Accounts Receivable | 1.27M | 1.01M | 6.03M | 2.59M | 1.31M | 3.51M | 4.21M |
| Days Sales Outstanding | 52.6 | 72.57 | 150.97 | 153.76 | 61.55 | 244.21 | 149.62 |
| Inventory | 707K | 1.01M | 3.56M | 1.06M | 71K | 339K | 989K |
| Days Inventory Outstanding | 46.06 | 94.95 | 111.95 | 77.11 | 7.43 | 46 | 28.08 |
| Other Current Assets | 380K | 101K | 1.59M | 1.45M | 908K | 1.65M | 1.47M |
| Total Non-Current Assets | 1.72M | 7.49M | 38.53M | 15.36M | 13.52M | 43.16M | 42.2M |
| Property, Plant & Equipment | 1.43M | 7.05M | 18.92M | 14.93M | 13.09M | 17.53M | 16.96M |
| Fixed Asset Turnover | 6.18x | 0.72x | 0.77x | 0.41x | 0.60x | 0.30x | 0.48x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 14.73M | 14.73M |
| Intangible Assets | 0 | 0 | 19.12M | 0 | 0 | 10.43M | 10.07M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 292K | 441K | 487K | 429K | 438K | 460K | 1.59M |
| Total Assets | 38.05M▲ 0% | 235.82M▲ 519.8% | 167.63M▼ 28.9% | 60.43M▼ 64.0% | 56.25M▼ 6.9% | 95.71M▲ 70.1% | 92.55M▲ 0% |
| Asset Turnover | 0.23x | 0.02x | 0.09x | 0.10x | 0.14x | 0.05x | 0.08x |
| Asset Growth % | - | 519.76% | -28.92% | -63.95% | -6.91% | 70.15% | 278.2% |
| Total Current Liabilities | 3.56M | 6.16M | 10.53M | 8.46M | 4.43M | 5.67M | 6.42M |
| Accounts Payable | 972K | 1.68M | 3.62M | 1.29M | 435K | 1.06M | 1.06M |
| Days Payables Outstanding | 63.33 | 158.67 | 113.77 | 93.48 | 45.52 | 143.56 | 56.89 |
| Short-Term Debt | 1.33M | 0 | 0 | 0 | 0 | 1.06M | 1.08M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 75K | 744K | 0 | 496K |
| Other Current Liabilities | 196K | 1.97M | 0 | 0 | 0 | 3.55M | 5.33M |
| Current Ratio | 10.22x | 37.06x | 12.26x | 5.33x | 9.64x | 9.28x | 9.28x |
| Quick Ratio | 10.02x | 36.90x | 11.92x | 5.20x | 9.62x | 9.22x | 9.22x |
| Cash Conversion Cycle | 35.33 | 8.86 | 149.15 | 137.39 | 23.46 | 146.66 | 120.8 |
| Total Non-Current Liabilities | 1.59M | 15.7M | 12.64M | 11.06M | 61.35M | 15.37M | 16.22M |
| Long-Term Debt | 1.07M | 0 | 0 | 0 | 0 | 0 | 9.45M |
| Capital Lease Obligations | 240K | 7K | 12.39M | 11.04M | 9.96M | 9.72M | 28.41M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 286K | 15.69M | 253K | 29K | 51.4M | 5.65M | 30.98M |
| Total Liabilities | 5.15M | 21.86M | 23.18M | 19.52M | 65.79M | 21.04M | 22.64M |
| Total Debt | 2.63M | 7K | 13.28M | 12.4M | 11.04M | 10.78M | 10.53M |
| Net Debt | -31.03M | -217.11M | -21.88M | -10.74M | -20.15M | -7.44M | -7.32M |
| Debt / Equity | 0.08x | 0.00x | 0.09x | 0.30x | - | 0.14x | 0.14x |
| Debt / EBITDA | - | - | - | - | - | - | -0.29x |
| Net Debt / EBITDA | - | - | - | - | - | - | 0.20x |
| Interest Coverage | - | -2382.09x | - | - | - | - | - |
| Total Equity | 32.9M▲ 0% | 213.96M▲ 550.3% | 144.45M▼ 32.5% | 40.91M▼ 71.7% | -9.53M▼ 123.3% | 74.67M▲ 883.3% | 69.92M▲ 0% |
| Equity Growth % | - | 550.26% | -32.49% | -71.68% | -123.31% | 883.33% | 1232.33% |
| Book Value per Share | 1.90 | 11.34 | 5.90 | 1.60 | -0.36 | 1.77 | 1.55 |
| Total Shareholders' Equity | 32.91M | 213.96M | 144.45M | 40.91M | -9.53M | 74.67M | 69.92M |
| Common Stock | 10K | 14K | 3K | 3K | 3K | 5K | 5K |
| Retained Earnings | -63.98M | -145.49M | -302.62M | -418.21M | -490.83M | -480.79M | -493.4M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | -17K | 3K | 6K | 11K | -1K |
| Minority Interest | -3K | 0 | 0 | 0 | 0 | 0 | 0 |
Palladyne AI Corp. (PDYN) cash flow — operating, investing & free cash flow history
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|
| Cash from Operations | -16.88M | -42.1M | -65.39M | -76.62M | -22.63M | -27.64M | -27.64M |
| Operating CF Margin % | -191.56% | -829.62% | -448.84% | -1246.66% | -290.61% | -526.82% | - |
| Operating CF Growth % | - | -149.4% | -55.31% | -17.17% | 70.47% | -22.14% | -134.84% |
| Net Income | -20.93M | -81.51M | -157.13M | -115.59M | -72.62M | 10.04M | -25.33M |
| Depreciation & Amortization | 458K | 531K | 3.59M | 4.38M | 825K | 1.09M | 1.66M |
| Stock-Based Compensation | 2.29M | 43.12M | 35.65M | 12.04M | 2.81M | 4.45M | 3.48M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | -2.54M | -2.54M |
| Other Non-Cash Items | 0 | 533K | 55.3M | 27.88M | 47.15M | -39.13M | -8.23M |
| Working Capital Changes | 1.29M | -4.78M | -2.8M | -5.33M | -785K | -1.55M | 596K |
| Change in Receivables | 514K | 261K | -2.23M | 3.44M | 991K | 136K | 216K |
| Change in Inventory | 441K | -299K | -2.09M | -8.76M | 994K | 58K | -590K |
| Change in Payables | -320K | 244K | 1.54M | -2.33M | -819K | -708K | -629K |
| Cash from Investing | -950K | -4.89M | -109.05M | 64.68M | 6.88M | -24.58M | 6.28M |
| Capital Expenditures | -950K | -4.69M | -1.5M | -782K | -265K | -713K | -647K |
| CapEx % of Revenue | 10.78% | 92.37% | 10.28% | 12.72% | 3.4% | 13.59% | - |
| Acquisitions | 0 | -200K | -29.69M | 0 | 0 | -5.3M | -5.3M |
| Investments | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 100K |
| Cash from Financing | 42.3M | 230.44M | -7.52M | -82K | 23.8M | 39.25M | 31.87M |
| Debt Issued (Net) | 2.31M | 1.91M | -95K | -4K | -3K | -3.72M | -3.72M |
| Equity Issued (Net) | 39.99M | 228.81M | -8.11M | -78K | 19.92M | 43.01M | 22.48M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | -8.11M | -78K | -105K | 0 | 0 |
| Other Financing | 0 | -284K | 683K | 0 | 3.88M | -50K | 13.11M |
| Net Change in Cash | 33.66M▲ 0% | 183.45M▲ 444.9% | -181.96M▼ 199.2% | -12.02M▲ 93.4% | 8.05M▲ 167.0% | -12.97M▼ 261.1% | 7.79M▲ 0% |
| Free Cash Flow | -17.83M▲ 0% | -46.79M▼ 162.4% | -66.89M▼ 43.0% | -77.4M▼ 15.7% | -22.89M▲ 70.4% | -28.35M▼ 23.8% | -31.01M▲ 0% |
| FCF Margin % | -202.34% | -921.99% | -459.12% | -1259.39% | -294.01% | -540.41% | -438.32% |
| FCF Growth % | - | -162.4% | -42.95% | -15.72% | 70.42% | -23.84% | -33.63% |
| FCF per Share | -1.03 | -2.48 | -2.73 | -3.02 | -0.85 | -0.67 | -0.67 |
| FCF Conversion (FCF/Net Income) | 0.81x | 0.52x | 0.42x | 0.66x | 0.31x | -2.75x | 1.22x |
| Interest Paid | 0 | 0 | 6K | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 7K | 10K | 0 | 0 |
Palladyne AI Corp. (PDYN) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -66.03% | -87.68% | -124.73% | -462.94% | 30.82% | -40.48% |
| Return on Invested Capital (ROIC) | - | -222.37% | -118.79% | -8466.35% | -129.43% | -129.43% |
| Gross Margin | 23.8% | 20.28% | 17.98% | 55.2% | 48.72% | 32% |
| Net Margin | -1606.07% | -1078.52% | -1880.78% | -932.66% | 191.36% | -358.04% |
| Debt / Equity | 0.00x | 0.09x | 0.30x | - | 0.14x | 0.14x |
| Interest Coverage | -2382.09x | - | - | - | - | - |
| FCF Conversion | 0.52x | 0.42x | 0.66x | 0.31x | -2.75x | 1.22x |
| Revenue Growth | -42.41% | 187.07% | -57.81% | 26.68% | -32.62% | 16.83% |
Palladyne AI Corp. (PDYN) SEC filings — annual & quarterly reports (10-K, 10-Q)
May 5, 2026·SEC
Mar 5, 2026·SEC
Feb 18, 2026·SEC
Palladyne AI Corp. (PDYN) stock FAQ — growth, dividends, profitability & financials explained
Palladyne AI Corp. (PDYN) reported $7.1M in revenue for fiscal year 2025. This represents a 20% decrease from $8.8M in 2020.
Palladyne AI Corp. (PDYN) saw revenue decline by 32.6% over the past year.
Palladyne AI Corp. (PDYN) reported a net loss of $25.3M for fiscal year 2025.
Palladyne AI Corp. (PDYN) has a return on equity (ROE) of 30.8%. This is excellent, indicating efficient use of shareholder capital.
Palladyne AI Corp. (PDYN) had negative free cash flow of $31.0M in fiscal year 2025, likely due to heavy capital investments.
Palladyne AI Corp. (PDYN) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates