Palladyne Ai Corp (PDYN) financials
Palladyne Ai revenue and earnings by year
Palladyne Ai's revenue was $5.25 million in the fiscal year to December 31, 2025, down 32.6% from the year before. Net income was $10.0 million, 191.4% of revenue. Since the fiscal year to December 31, 2019, revenue has shrunk 10.4% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 7 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | 5 | 8 | 6 | 15 | 5 | 9 | 10 |
| Revenue growth | -32.6% | 26.7% | -57.8% | 187.1% | -42.4% | -13.2% | — |
| Gross profit | 3 | 4 | 1 | 3 | 1 | 3 | 4 |
| Gross margin | 48.7% | 55.2% | 18.0% | 20.3% | 23.8% | 36.4% | 43.4% |
| Operating income | -32 | -27 | -121 | -177 | -81 | -21 | -18 |
| Operating margin | -617.7% | -345.8% | -1968.0% | -1215.2% | -1595.9% | -238.3% | -180.8% |
| Net income | 10 | -73 | -116 | -157 | -82 | -21 | -18 |
| Net margin | 191.4% | -932.7% | -1880.8% | -1078.5% | -1606.1% | -237.4% | -177.7% |
| Diluted EPS | $0.24 | -$2.71 | -$4.51 | -$6.42 | -$4.32 | — | — |
| Free cash flow | -28 | -23 | -77 | -67 | -47 | -18 | -17 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open PDYN in Markets.
How Palladyne Ai makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Product Revenue | $2.69M | 46.5% |
| Engineering Services Revenue | $1.91M | 33.1% |
| Product Development Contract Revenue | $1.18M | 20.4% |
See also: PDYN returns
No forecast, no recommendation. This page describes Palladyne Ai Corp from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.