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MARKETS / NASDAQ / PDYN
NASDAQ · SERVICES-PREPACKAGED SOFTWARE · SMALL CAP

Palladyne AI Corp. PDYN

6 fiscal years on record · USD · FY2025 reported · SEC filings only
$5.2M
▼ 32.6% YoY
$10.0M
$-28.4M
In brief

What this company does

We are a U.S.-based technology company developing and offering embodied artificial intelligence ("AI") software and collaborative autonomy solutions, advanced avionics, unmanned aerial vehicles ("UAVs"), advanced UAV engineering services and precision-manufactured components for defense and commercial/industrial markets. Our core AI software offerings, Palladyne IQ, SwarmOS and Palladyne Pilot, consist of full-stack, closed-loop autonomy software that is intended to enhance the functionality and operational effectiveness of third-party robotic systems across a range of applications. Our principal executive offices are located at 650 South 500 West, Suite 150, Salt Lake City, Utah, 84101. As of February 3, 2026, we had approximately 161 full-time and part-time employees, with approximately 61 located in our Salt Lake City, Utah office 44 in our Michigan facilities.

Written from the business description in Palladyne AI Corp.'s annual report to the U.S. Securities and Exchange Commission, filed 5 March 2026. Every sentence was checked against that document before publication.

Growth
USD 5.2M
Revenue, FY2025 · full 6-year series below
Revenue $M Net income $M
FY2025 · Revenue 5.2 · Net income 10.0
-80M202020212022202320242025
Compound annual growth
−28.9%
−9.9%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −9.9% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
191 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating -617.7% · Net 191.4%
-500%-1000%-1500%202020212022202320242025
ROE
FY2025 · ROE 30.8%
-200%-400%202020212022202320242025

Each USD of equity produced 31 cents of profit this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -28.4
-40M202020212022202320242025

Total assetsUSD 95.7M
EquityUSD 74.7M
CashUSD 18.2M
Current ratio9.28×

Equity funds 78% of total assets.

The 6-year record
6 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020
Revenue $B0.00.00.00.00.00.0
Operating income $B−0.0−0.0−0.1−0.2−0.1−0.0
EBITDA $B−0.0−0.0−0.1−0.2−0.1−0.0
Income tax $B−0.00.00.0−0.00.00.0
Net income $B0.0−0.1−0.1−0.2−0.1−0.0
Free cash flow $B−0.0−0.0−0.1−0.1−0.0−0.0
EPS, diluted $0.24−2.71−4.51−6.42−0.72−0.21
Dividend / sh $······
Payout %······
ROE %30.8−462.9−124.7−87.7−66.0−63.6
Shares out B0.050.030.030.030.140.10

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 24 reconciliationsAUDITED

Reconciled in 6 of 19 fiscal years. 65 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Prepackaged Software
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categoryemerging growth company, smaller reporting company
Data on record since2020

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