Palladyne AI Corp. (PDYN) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 3.54M | 1.66M | 860K | 1.01M | 1.71M | 761K | 871K | 2.71M | 3.44M | 746K | 1.83M | 1.28M | 2.3M | 6.12M | 4.67M | 3.04M | 743K | 1M | 1.13M | 1.14M |
| Revenue Growth % | 106.9% | 118.27% | -1.26% | -62.59% | -50.31% | 2.01% | -52.33% | 112.45% | 49.87% | -87.81% | -60.85% | -57.97% | 209.02% | 509.66% | 313.37% | 165.79% | - | - | - | - |
| Cost of Goods Sold | 2.47M | 1.4M | 461K | 474K | 353K | 554K | 479K | 569K | 1.89M | 1.09M | 1.22M | 943K | 1.79M | 4.4M | 3.58M | 3.15M | 488K | 1.06M | 929K | 676K |
| COGS % of Revenue | 69.9% | 84.41% | 53.6% | 46.7% | 20.64% | 72.8% | 54.99% | 20.97% | 54.81% | 146.11% | 66.89% | 73.84% | 77.79% | 71.92% | 76.67% | 103.55% | 65.68% | 105.58% | 82.29% | 59.14% |
| Gross Profit | 1.06M | 259K | 399K | 541K | 1.36M | 207K | 392K | 2.14M | 1.55M | -344K | 605K | 334K | 510K | 1.72M | 1.09M | -108K | 255K | -56K | 200K | 467K |
| Gross Margin % | 30.1% | 15.59% | 46.4% | 53.3% | 79.36% | 27.2% | 45.01% | 79.03% | 45.19% | -46.11% | 33.11% | 26.16% | 22.21% | 28.08% | 23.33% | -3.55% | 34.32% | -5.58% | 17.71% | 40.86% |
| Gross Profit Growth % | -21.52% | 25.12% | 1.79% | -74.77% | -12.73% | 160.17% | -35.21% | 541.92% | 204.9% | -120.01% | -44.44% | 409.26% | 100% | 3169.64% | 444.5% | -123.13% | - | - | - | - |
| Operating Expenses | 12.98M | 9.57M | 8.46M | 8.63M | 8.29M | 6.69M | 7.69M | 7.93M | 8.91M | 36.71M | 31.36M | 30.29M | 23.7M | 96.89M | 28.34M | 28.88M | 25.88M | 27.59M | 40.69M | 8.14M |
| OpEx % of Revenue | 366.99% | 576.34% | 984.19% | 850.74% | 484.68% | 879.24% | 883.01% | 292.33% | 258.88% | 4921.05% | 1716.42% | 2372.2% | 1032.14% | 1582.99% | 607.22% | 950.46% | 3483.71% | 2747.81% | 3603.9% | 711.99% |
| Selling, General & Admin | 8.72M | 5.7M | 5.32M | 5.51M | 5.42M | 4.08M | 5.3M | 5.67M | 5.93M | 6.84M | 9.31M | 12.66M | 13.48M | 15.64M | 17.05M | 20.73M | 20M | 21.47M | 36.16M | 4.08M |
| SG&A % of Revenue | 246.58% | 342.99% | 618.37% | 542.86% | 316.84% | 536.01% | 608.04% | 209.03% | 172.33% | 916.49% | 509.41% | 991.54% | 586.93% | 255.56% | 365.35% | 682.42% | 2692.19% | 2138.45% | 3202.75% | 357.31% |
| Research & Development | 3.9M | 3.76M | 3.15M | 3.13M | 2.87M | 2.61M | 2.58M | 2.35M | 2.9M | 7.89M | 10.01M | 11.71M | 9.4M | 10.2M | 10.5M | 7.57M | 5.88M | 6.12M | 4.53M | 4.05M |
| R&D % of Revenue | 110.37% | 226.25% | 365.81% | 307.88% | 167.84% | 343.23% | 296.44% | 86.55% | 84.13% | 1057.91% | 547.95% | 916.68% | 409.54% | 166.59% | 224.92% | 249.14% | 791.52% | 609.36% | 401.15% | 354.68% |
| Other Operating Expenses | 355K | 118K | 0 | 0 | 0 | 0 | -187K | -88K | 83K | 1000K | 1000K | 1000K | 819K | 1000K | 791K | 574K | 0 | 0 | 0 | 0 |
| Operating Income | -11.92M | -9.31M | -8.06M | -8.09M | -6.93M | -6.48M | -7.3M | -5.79M | -7.35M | -37.05M | -30.75M | -29.96M | -23.19M | -95.18M | -27.25M | -28.98M | -25.63M | -27.64M | -40.49M | -7.67M |
| Operating Margin % | -336.89% | -560.75% | -937.79% | -797.44% | -405.32% | -852.04% | -838% | -213.31% | -213.69% | -4967.16% | -1683.31% | -2346.05% | -1009.93% | -1554.91% | -583.89% | -954.02% | -3449.39% | -2753.39% | -3586.18% | -671.13% |
| Operating Income Growth % | -71.97% | -43.65% | -10.49% | -39.87% | 5.74% | 82.5% | 76.27% | 80.68% | 68.29% | 61.07% | -12.86% | -3.37% | 9.52% | -244.29% | 32.7% | -277.83% | - | - | - | - |
| EBITDA | -11.21M | -8.88M | -7.84M | -7.88M | -6.71M | -6.27M | -7.09M | -5.58M | -7.15M | -36.4M | -29.52M | -28.72M | -21.94M | -93.9M | -26.1M | -28.08M | -25.36M | -27.44M | -40.38M | -7.56M |
| EBITDA Margin % | -316.73% | -534.62% | -912.09% | -776.35% | -392.28% | -824.05% | -814.12% | -205.82% | -207.85% | -4879.09% | -1615.6% | -2249.18% | -955.75% | -1534.1% | -559.22% | -924.39% | -3413.32% | -2732.97% | -3576.7% | -661.68% |
| EBITDA Growth % | -67.05% | -41.6% | -10.62% | -41.12% | 6.21% | 82.77% | 75.98% | 80.56% | 67.41% | 61.24% | -13.1% | -2.28% | 13.47% | -242.22% | 35.37% | -271.32% | - | - | - | - |
| D&A (Non-Cash Add-back) | 713K | 434K | 221K | 214K | 223K | 213K | 208K | 203K | 201K | 657K | 1.24M | 1.24M | 1.24M | 1.27M | 1.15M | 900K | 268K | 205K | 107K | 108K |
| EBIT | -11.92M | -9.31M | -3.74M | -8.09M | -6.93M | -6.48M | -7.49M | -5.88M | -7.27M | -15.44M | -19.53M | -24.85M | -23.19M | -24.94M | -27.25M | -28.98M | -25.63M | -27.64M | -40.49M | -7.67M |
| Net Interest Income | 325K | 432K | 0 | 505K | 442K | 277K | 249K | 346K | 372K | 515K | 806K | 874K | 1.1M | 866K | 806K | 148K | 11K | -4K | -7K | -13K |
| Interest Income | 325K | 432K | 0 | 505K | 442K | 277K | 249K | 346K | 372K | 515K | 806K | 874K | 1.1M | 866K | 806K | 148K | 11K | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4K | 7K | 13K |
| Other Income/Expense | -689K | 5.28M | 4.33M | 607K | 29.69M | -46.48M | 206K | 464K | 124K | 583K | 1.77M | 1.3M | 1.71M | 3.04M | 2.29M | 4.26M | 6.43M | -6.42M | 3.5M | 2.41M |
| Pretax Income | -12.61M | -4.03M | -3.74M | -7.49M | 22.76M | -52.97M | -7.09M | -5.32M | -7.23M | -36.47M | -28.98M | -28.66M | -21.48M | -92.13M | -24.96M | -24.72M | -19.2M | -34.06M | -36.98M | -5.26M |
| Pretax Margin % | -356.36% | -242.69% | -434.88% | -737.64% | 1330.94% | -6960.18% | -814.35% | -196.2% | -210.08% | -4889.01% | -1586.26% | -2244.09% | -935.37% | -1505.18% | -534.9% | -813.82% | -2584.39% | -3392.63% | -3275.91% | -460.37% |
| Income Tax | 0 | -2.54M | 0 | 0 | 0 | 2K | 3K | 0 | 0 | 4K | 0 | 3K | 0 | 179K | -2.46M | -1.61M | 0 | 0 | 0 | 1K |
| Effective Tax Rate % | 0% | 62.96% | 0% | 0% | 0% | -0% | -0.04% | 0% | 0% | -0.01% | 0% | -0.01% | 0% | -0.19% | 9.87% | 6.5% | 0% | 0% | 0% | -0.02% |
| Net Income | -12.61M | -1.49M | -3.74M | -7.49M | 22.76M | -52.97M | -7.1M | -5.32M | -7.23M | -36.48M | -28.98M | -28.66M | -21.48M | -92.31M | -22.5M | -23.12M | -19.2M | -34.06M | -36.98M | -5.26M |
| Net Margin % | -356.36% | -89.89% | -434.88% | -737.64% | 1330.94% | -6960.45% | -814.7% | -196.2% | -210.08% | -4889.54% | -1586.26% | -2244.32% | -935.37% | -1508.1% | -482.09% | -760.96% | -2584.39% | -3392.63% | -3275.91% | -460.45% |
| Net Income Growth % | -155.4% | 97.18% | 47.29% | -40.65% | 414.83% | -45.22% | 75.52% | 81.43% | 66.34% | 60.49% | -28.81% | -23.97% | -11.84% | -171.01% | 39.17% | -339.26% | - | - | - | - |
| Net Income (Continuing) | -12.61M | -1.49M | -3.74M | -7.49M | 22.76M | -52.97M | -7.1M | -5.32M | -7.23M | -36.48M | -28.98M | -28.66M | -21.48M | -92.31M | -22.5M | -23.12M | -19.2M | -34.06M | -36.98M | -5.26M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.28 | -0.04 | -0.09 | -0.20 | 0.55 | -2.02 | -0.27 | -0.20 | -0.28 | -1.41 | -1.13 | -1.12 | -0.84 | -3.64 | -0.89 | -0.95 | -0.84 | -1.48 | -2.08 | -0.80 |
| EPS Growth % | -150.91% | 98.25% | 66.67% | 0% | 296.43% | -43.26% | 76.11% | 82.14% | 66.67% | 61.26% | -26.97% | -17.89% | 0% | -145.95% | 57.21% | -18.75% | - | - | - | - |
| EPS (Basic) | -0.28 | -0.04 | -0.09 | -0.20 | 0.64 | -2.02 | -0.27 | -0.20 | -0.28 | -1.41 | -1.13 | -1.12 | -0.84 | -3.64 | -0.89 | -0.95 | -0.84 | -1.48 | -2.08 | -0.80 |
| Diluted Shares Outstanding | 45.07M | 42.33M | 40.49M | 37.75M | 27.07M | 27.07M | 26.18M | 26.62M | 25.88M | 25.88M | 25.71M | 25.51M | 25.47M | 25.34M | 25.16M | 24.38M | 22.98M | 22.95M | 17.77M | 17.56M |
| Basic Shares Outstanding | 45.07M | 42.33M | 40.49M | 37.75M | 35.35M | 27.07M | 26.18M | 26.62M | 25.88M | 25.88M | 25.71M | 25.51M | 25.47M | 25.34M | 25.16M | 24.38M | 22.98M | 22.95M | 17.77M | 17.56M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |