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Palladyne AI Corp.

PDYN Technology Software Infrastructure

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%
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 (at or above 1.5: strong)
Debt/Equity 0.00 (at or below 0.5: strong)
P/E ratio 0.00
Fwd P/E (7.52) (negative: loss-making)
P/S ratio 14.72 (above 10: high)
P/B ratio 2.46
Past 5Y EPS Growth —
This Y EPS Growth (510.42%) (below 0%: weak)
Next Y EPS Growth 22.08% (at or above 15%: strong)
Next Y revenue growth 373.69% (at or above 10%: strong)
Next 5Y EPS Growth 38.44% (at or above 15%: strong)

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

Valuation vs history

EV/Sales, ten years
EV/Sales is 11.2×, against a ten-year median of 19.7×; over the ten years it ranged from −5.2× in 2022 to 180× in 2021.
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.

Target Price Range

Analyst price targets

Recommendation Rating

1.5
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
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

Palladyne AI Corp. vs peers in Software Infrastructure (Q) = latest quarter vs a year earlier

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.

Palladyne AI Corp. (PDYN) Latest News

8 Jun

Impact 5 ·

18 Mar

Impact 5 ·
stockrow.com/PDYN · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com