Saturday 17 October 2026 Export PDYN’s income statement to Excel — free account

Palladyne AI Corp.

Palladyne AI Corp.’s revenue for fiscal 2025 (year ended December 2025) was $5.2 million, down 32.6% from fiscal 2024. In the quarter to June 2026, revenue grew 469.8%, EPS fell 35.0% and free cash flow fell 107.0%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

3.79 0.28 −6.88%

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Market cap: $200.8M
P/E: 0.0×
Fwd P/E: −7.5×
Dividend yield: —
F-score: 3/9
Altman Z: −2.79
Beneish M: 2.33
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.25

Total sells 0.81

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	5	—	—	—	1	—	—	—	—	—	1	—
Sell	4	—	—	—	6	—	3	—	—	3	—	—

Insider Ownership 23.83%

Capital & Financial Ratios $m

Market Cap 200.80

Revenue 11.84

Net Income (30.17)

Free Cash Flow (36.60)

Net Debt (43.75)

Current Ratio 6.30

Debt/Equity 0.00

P/E ratio 0.00

Fwd P/E (7.52)

P/S ratio 14.72

P/B ratio 2.46

Past 5Y EPS Growth —

This Y EPS Growth (510.42%)

Next Y EPS Growth 22.08%

Next Y revenue growth 373.69%

Next 5Y EPS Growth 38.44%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 39.70%

10-year low 10-year high

P/B against its own 10 years 47.47%

10-year low 10-year high

EV/Sales against its own 10 years 22.45%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	39	40	47	44
Receivables	3	1	4	6
Inventory	1	0	0	1
Other	—	—	—	—
	45	43	53	52

	2023	2024	2025	Q'26
Payables	1	0	1	1
ST’ Debt	—	—	—	—
Other	—	—	—	—
	8	4	6	8

Compound Annual Growth %

	10y	5y	3y
Sales	—	(9.86%)	(28.86%)
Cash Flow	—	0.00%	0.00%
Earnings	—	0.00%	0.00%
Book Value	—	17.81%	(19.74%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	4	6	—	—	—
’25	2	1	1	2	5
’24	3	3	1	1	8
’23	2	1	2	1	6
’22	1	3	5	6	15
’21	2	1	1	1	5

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(10)	(10)	—	—	—
’25	(8)	(5)	(6)	(9)	(28)
’24	(7)	(6)	(4)	(5)	(23)
’23	(20)	(20)	(20)	(16)	(77)
’22	(12)	(15)	(17)	(21)	(65)
’21	(4)	(10)	(7)	(21)	(42)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(10)	(11)	—	—	—
’25	(8)	(5)	(7)	(9)	(28)
’24	(7)	(6)	(5)	(5)	(23)
’23	(21)	(20)	(20)	(16)	(77)
’22	(13)	(16)	(17)	(21)	(67)
’21	(5)	(11)	(8)	(23)	(47)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.28)	(0.27)	—	—	—
’25	0.55	(0.20)	(0.09)	(0.04)	0.24
’24	(0.28)	(0.20)	(0.27)	(1.95)	(2.71)
’23	(0.84)	(1.12)	(1.13)	(1.41)	(4.51)
’22	(0.84)	(0.96)	(0.90)	(3.66)	(6.42)
’21	(0.30)	(0.30)	(2.10)	(1.50)	(4.32)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	—	—	35.70	3.03	0.40	0.45	4.14	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	—	—	63.00	59.94	5.17	14.95	13.00
People
People	Employees	—	—	—	—	—	160	280	70	71	161
	Revenue/emp, $m	—	—	—	—	0.00	0.03	0.05	0.09	0.11	0.03
Income, $m
Income, $m	Revenue	—	—	—	—	9	5	15	6	8	5
	Gross margin, %	—	—	—	—	36.43	23.80	20.28	17.98	55.20	48.72
	EBT	—	—	—	—	(21)	(82)	(161)	(116)	(73)	8
	EBT margin, %	—	—	—	—	(237.43)	(1,606.05)	(1,105.24)	(1,880.67)	(932.60)	142.99
	Net income	—	0	—	—	(21)	(82)	(157)	(116)	(73)	10
	Depreciation	—	—	—	—	0	1	72	2	1	0
Per share, $
Per share, $	Revenue	—	—	—	—	0.53	0.27	0.60	0.24	0.29	0.14
	Earnings	—	—	—	—	(1.25)	(4.32)	(6.42)	(4.51)	(2.71)	0.26
	Cash flow	—	—	—	—	(1.01)	(2.23)	(2.67)	(2.99)	(0.85)	(0.71)
	Capex	—	—	—	—	(0.06)	(0.25)	(0.06)	(0.03)	(0.01)	(0.02)
	Free cash flow	—	—	—	—	(1.07)	(2.48)	(2.73)	(3.02)	(0.85)	(0.73)
	Book value	—	—	—	—	1.97	11.34	5.90	1.60	(0.36)	1.92
	Shares, m	—	—	—	—	17	19	24	26	27	39
Valuation, ×
Valuation, ×	P/E	—	—	—	—	0.00	0.00	0.00	0.00	0.00	13.74
	P/S	—	—	—	—	0.00	222.62	6.35	2.80	42.19	31.54
	P/B	—	—	—	—	14,223.94	5.28	0.64	0.42	0.00	2.22
	EV/Sales	—	—	—	—	0.00	180.21	(1.38)	(3.26)	37.29	22.93
	EV/FCF	—	—	—	—	0.00	(19.55)	0.30	0.26	(12.68)	(4.24)
Cash, $m
Cash, $m	Operating cash flow	—	—	—	—	(17)	(42)	(65)	(77)	(23)	(28)
	Capex	—	—	—	—	(1)	(5)	(1)	(1)	0	(1)
	Free cash flow	—	—	—	—	(18)	(47)	(67)	(77)	(23)	(28)
Balance, $m
Balance, $m	Working capital	—	—	—	—	33	222	119	37	38	47
	Total debt	—	—	—	—	1	0	12	—	—	—
	Net debt	—	—	—	—	(33)	(217)	(114)	(39)	(40)	(47)
	Shareholders’ equity	—	—	—	—	33	214	144	41	(10)	75
Returns, %
Returns, %	ROA	—	—	—	—	(109.99)	(59.52)	(77.89)	(101.37)	(124.47)	13.21
	ROIC	—	—	—	—	(4,289.01)	0.00	(369.40)	(4,155.99)	0.00	(73.33)
	ROE	—	—	—	—	(16.95)	(66.03)	(87.68)	(124.73)	(462.94)	30.82

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
BKKT Bakkt Holdings, Inc.	$265.9M	— (loss-making)	27.0×	−70.05% (below 0%: shrinking)	n/m	−401.44% (below 0%: shrinking)	1.30%	(11.53%)	Compare
MOVE Corvex, Inc.	$265.4M	— (loss-making)	— (loss-making)	+3,590.29% (above 0%: growing)	n/m	−91.41% (below 0%: shrinking)	44.28%	(400.32%)	Compare
GRRR Gorilla Technology Group Inc.	$231.4M	— (loss-making)	— (loss-making)	+223.14% (above 0%: growing)	n/m	−128.98% (below 0%: shrinking)	21.09%	(145.44%)	Compare
ZSQR Z Squared Inc.	$226.8M	— (loss-making)	— (loss-making)	+688.99% (above 0%: growing)	n/m	−34.24% (below 0%: shrinking)	(111.52%)	(871.15%)	Compare
ZENA ZenaTech, Inc.	$225.5M	— (loss-making)	— (loss-making)	—	n/m	−159.28% (below 0%: shrinking)	100.00%	(234.70%)	Compare
PDYN Palladyne AI Corp.	$200.8M	— (loss-making)	— (loss-making)	+469.75% (above 0%: growing)	n/m	−106.98% (below 0%: shrinking)	29.07%	(231.94%)
EXOD Exodus Movement, Inc.	$182.4M	— (loss-making)	— (loss-making)	+1.55% (above 0%: growing)	n/m	−825.45% (below 0%: shrinking)	100.00%	(174.61%)	Compare
SANG Sangoma Technologies Corporation	$160.2M	— (loss-making)	—	−21.16% (below 0%: shrinking)	n/m	−61.34% (below 0%: shrinking)	62.50%	(17.39%)	Compare
AMBR Amber International Holding Limited - Sponsored ADR	$156.5M	298×	— (loss-making)	−26.53% (below 0%: shrinking)	+57.00% (above 0%: growing)	+274.25% (above 0%: growing)	79.48%	7.43%	Compare
Median of peers	$226.2M	—	—	+1.55%	—	−110.19%	53.39%	(160.02%)

All 173 Software Infrastructure stocks →

Palladyne AI Corp. (PDYN) key facts

Concern: Palladyne AI Corp.’s revenue for fiscal 2025 (year ended December 2025) was $5.2 million, down 32.6% from fiscal 2024.
Palladyne AI Corp. (PDYN) is a Software Infrastructure company in the Technology sector, listed on Nasdaq.
As of October 16, 2026, PDYN traded at $3.79, a market capitalization of $200.8 million.
Return on equity was 30.8% and debt-to-equity 0.00.
Its Piotroski F-score is 3 out of 9 and its Altman Z-score is −2.79 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.