Palladyne AI Corp.

Palladyne AI Corp.

PDYN
Palladyne AI Corp.US flagNASDAQ Global Market
5.25
USD
+0.24
- -
204.01MMarket Cap
Palladyne AI Corp.
PDYN
(NASDAQ Global Market)

Recent

price

5.25

P/E

ratio

- -

div

yld

- -

ROIC.AI

2020
2021
2022
2023
2024
2025
TTM
FRC
0.51
0.27
0.6
0.24
0.29
0.14
0.17
Revenue per Share
-1.21
-4.32
-6.42
-4.51
-2.71
0.26
-0.61
Basic EPS, GAAP
-1.03
-2.48
-2.73
-3.02
-0.85
-0.73
-0.75
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-3.69
-7.71
-12.37
-16.31
-18.33
-12.38
-11.92
Book Value per Share
1.9
11.34
5.12
1.6
-0.36
1.27
1.09
Tangible Book Value per Share
17
19
24
26
27
39
41
Basic Weighted Avg Shares
9
5
15
6
8
5
7
Sales/Revenue/Turnover
-238.27
-1,595.88
-733.08
-1,350.63
-348.25
-617.69
-528.58
Operating Margin (%)
- -
1
4
4
1
1
2
Depreciation Expense
-21
-82
-157
-116
-73
10
-25
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-237.44
-1,606.07
-1,078.52
-1,880.78
-932.66
191.36
-358.04
Profit Margin (%)
33
222
119
37
38
47
44
Working Capital
1
- -
12
11
10
10
9
LT Debt
33
214
144
41
-10
75
70
Total Equity
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1
1
1
LT Borrowings
- -
- -
- -
LT Finance Leases
9
10
9
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
42
46
47
Market Capitalization
342
172
251

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
61
53
50
Cash, Cash Equivalents & STI
57
47
44
Accounts Receivable, Net
- -
1
2
Inventories
- -
- -
1
Total Current Liabilities
4
6
6
Payables & Accruals
3
4
4
ST Debt
1
1
1
Deferred Revenue
- -
1
1

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-112.11%
-883.33%
Free Cash Flow
- -
34.9%
23.84%
Net Income, GAAP
- -
40.97%
-113.82%
Sales/Revenue/Turnover
- -
16.18%
-32.62%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3
3
1
1
8
2025
2
1
1
2
5
2026
4
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.28
-0.2
-0.27
- -
-2.71
2025
0.55
-0.2
-0.09
-0.04
0.26
2026
-0.28
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Palladyne AI Corp. (Nasdaq: PDYN) develops artificial intelligence software that enhances the utility and functionality of third-party stationary and mobile robotic systems, enabling robots and unmanned platforms to observe, learn, reason, and act autonomously in structured and unstructured environments through edge-based, real-time operations without cloud dependency. The company offers Palladyne IQ, a closed-loop autonomy software providing human-like reasoning for industrial robots and collaborative robots (cobots) to handle complex tasks, disruptions, and dynamic conditions; Palladyne Pilot for unmanned aerial systems (UAS) such as Class 1 UAVs, supporting persistent detection, identification, tracking, classification, and multi-drone situational awareness via fused multi-modal sensor data; and foundational AI/ML technologies that allow rapid adaptation with minimal training data and power. Founded in 1983 and headquartered in Salt Lake City, Utah, Palladyne AI serves industries including manufacturing, warehousing, logistics, automotive, aviation, construction, defense, infrastructure inspection, energy, and aerospace, primarily in the United States with integration across commercial robots and UAS. In November 2025, the company launched Palladyne Defense, a new vertically integrated division formed through the $31 million acquisition of GuideTech LLC for avionics, flight software, and engineering services, and the Crucis companies—Warnke Precision Machining and MKR Fabricators—for U.S.-based precision manufacturing, fabrication, and assembly capabilities serving primes like Lockheed Martin and Kratos; this strategic move combines embodied AI with domestic production to address Department of Defense modernization priorities, targets tripling 2024 revenue of $7.8 million by 2026, and includes an $10 million backlog plus potential $25 million earnout for GuideTech upon hitting revenue milestones. Formerly Sarcos Technology and Robotics Corporation, Palladyne AI rebranded in March 2024 to emphasize its focus on advanced AI software platforms.

Company News

APIChatGPT
  • Palladyne AI: Autonomous Platforms Have Potential In Modern Warfare

  • Palladyne AI Announces Preliminary Second Quarter 2026 Revenue of Approximately $5.8 Million and Backlog of Approximately $24.0 Million

  • Billions Pour into Defense Drone Technology as Drones-as-a-Service Gains Momentum

  • Palladyne AI's GuideTech Wins New $2.3 Million Contract for BRAIN with Defense Prime Continuing Commercial Momentum

  • Palladyne AI's GuideTech Wins New $2.3 Million Contract for BRAIN with Defense Prime Continuing Commercial Momentum

  • Palladyne AI Appoints Former Golden Dome Operational Commander and U.S. Army Space and Missile Defense Commander Lt. Gen. Sean A.

  • Palladyne AI To Participate in 1:1s at Northland Growth Conference 2026

  • Palladyne AI Stock Rises On U.S. Army Contracts For Swarm Tech And Mini-Bomber UAV

  • Palladyne AI Awarded U.S. Army Contracts for SwarmOS™ Autonomous Swarm Technology and Gremlin-X™ Mini-Bomber UAV Under Competitive Disruptive Applications Program

  • Palladyne AI Deploys True Autonomy Drone-Swarming Software, SwarmOS™, During U.S. Army 4th Infantry Division Ivy Mass Exercise

  • 3 Under-The-Radar Defense Tech Stocks — Small Caps With Real Pentagon Contracts

  • Palladyne AI Corp. (PDYN) Discusses Strategic Partnership to Manufacture and Market Loitering Munition Systems for U.S. Defense Transcript

  • Palladyne AI and IAI Form Partnership to Manufacture and Sell Combat-Proven Loitering Munition Systems to the U.S. Department of War

  • Palladyne AI and IAI Form Partnership to Manufacture and Sell Combat-Proven Loitering Munition Systems to the U.S. Department of War

  • Palladyne AI to Participate in Jefferies 2026 Defense Tech Summit

  • Palladyne AI Appoints Retired Lieutenant General Sean Bernabe and Retired Brigadier General Gwyn Armfield to Defense Advisory Board

  • Palladyne AI: Autonomy And The 'Relentless Wolfpack'

  • Palladyne AI Announces Employee Equity Awards

  • Palladyne: Betting On Swarm AI And Defense Automation

  • Palladyne AI Corp. (PDYN) Q1 2026 Earnings Call Transcript