Palladyne AI Corp.
Palladyne AI Corp.
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Financial Statements
Values in Millions ($) | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 34 | 18 | 18 | 27 | 20 | 10 | 31 | 21 | 26 | 32 | 23 | 35 | |||||
Marketable Securities Current | 10 | 26 | 29 | 30 | 43 | 37 | 9 | 0 | 0 | 0 | 16 | 20 | |||||
Accounts Receivable Net Current | 2 | 2 | 1 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 1 | 1 | |||||
Unbilled Contracts Receivable | 3 | 3 | 2 | 2 | 1 | 2 | 1 | 2 | 2 | 2 | 2 | 2 | |||||
Inventory Net | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | |||||
Prepaid Expense And Other Assets Current | 2 | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 2 | 2 | 2 | 2 | |||||
Assets Current | 52 | 50 | 53 | 61 | 66 | 50 | 43 | 25 | 31 | 36 | 45 | 61 | |||||
Property Plant And Equipment Net | 9 | 9 | 9 | 4 | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 7 | |||||
Intangible Assets Net Excluding Goodwill | 10 | 10 | 10 | - | - | - | - | - | - | - | - | 17 | |||||
Goodwill | 15 | 15 | 15 | - | - | - | 0 | - | - | - | - | - | |||||
Operating Lease Right Of Use Asset | 8 | 8 | 9 | 8 | 8 | 9 | 9 | 9 | 9 | 10 | 10 | 10 | |||||
Other Assets Noncurrent | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | |||||
Assets | 94 | 93 | 96 | 73 | 78 | 63 | 56 | 39 | 45 | 50 | 60 | 96 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | |||||
Accrued Liabilities Current | 6 | 4 | 4 | 3 | 3 | 2 | 3 | 4 | 3 | 3 | 6 | 5 | |||||
Operating Lease Liability Current | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Liabilities Current | 8 | 6 | 6 | 4 | 4 | 3 | 4 | 5 | 5 | 5 | 8 | 8 | |||||
Operating Lease Liability Noncurrent | 9 | 9 | 10 | 9 | 9 | 10 | 10 | 10 | 10 | 11 | 11 | 11 | |||||
Other Liabilities Noncurrent | 3 | 3 | 3 | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Liabilities | 24 | 23 | 21 | 21 | 24 | 35 | 66 | 15 | 15 | 16 | 20 | 19 | |||||
Stockholders Equity | |||||||||||||||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Additional Paid In Capital | 577 | 563 | 555 | 531 | 529 | 496 | 481 | 461 | 461 | 460 | 459 | 458 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | 0 | -0 | 0 | 0 | -0 | -0 | 0 | 0 | 0 | -0 | 0 | 0 | |||||
Retained Earnings Accumulated Deficit | -506 | -493 | -481 | -479 | -476 | -468 | -491 | -438 | -431 | -425 | -418 | -382 | |||||
Stockholders Equity | 71 | 70 | 75 | 52 | 54 | 28 | -10 | 23 | 30 | 34 | 41 | 76 | |||||
Liabilities And Stockholders Equity | 94 | 93 | 96 | 73 | 78 | 63 | 56 | 39 | 45 | 50 | 60 | 96 | |||||
Allowance For Doubtful Accounts Receivable | - | - | 0 | - | 0 | 0 | 0 | - | - | - | 0 | - | |||||
Common Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Shares Authorized | 165 | 165 | 165 | 165 | 165 | 165 | 165 | 165 | 165 | 165 | 165 | 165 | |||||
Common Stock Shares Issued | 49 | 47 | 46 | 42 | 40 | 36 | 34 | 27 | 27 | 27 | 26 | 26 | |||||
Shares Outstanding | 49 | 47 | 46 | 42 | 40 | 36 | 34 | 27 | 27 | 27 | 26 | 26 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 37.30% | -5.21% | -19.54% | - | - | - | - | - | - | - | - | - |
| 2025 | 38.56% | 55.11% | 81.34% | -8.14% | 7.65% | 0.36% | -15.95% | -30.28% | -3.69% | -41.97% | -36.65% | -35.74% |
| 2024 | 47.73% | 21.21% | 50.76% | 6.96% | 13.92% | 41.77% | 115.46% | 398.07% | 311.11% | -12.04% | -25.98% | -26.10% |
| 2023 | - | - | - | -27.67% | -46.23% | -67.30% | 1.59% | 7.78% | -20.00% | 14.59% | -22.16% | -13.51% |
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Performance and Valuation Metrics
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Metrics | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 6.30 | 7.85 | 9.28 | 13.56 | 17.12 | 16.03 | 9.64 | 5.02 | 6.47 | 6.81 | 5.33 | 7.72 | |||||
| Quick Ratio | 5.98 | 7.46 | 8.92 | 13.28 | 16.76 | 15.49 | 9.34 | 4.78 | 6.07 | 6.47 | 4.93 | 7.32 | |||||
| Working Capital | 43.78M | 43.93M | 46.89M | 56.05M | 61.97M | 47.13M | 38.30M | 19.78M | 25.82M | 30.31M | 36.61M | 53.44M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 0.33 | 0.32 | 0.28 | 0.41 | 0.45 | 1.24 | -6.90 | 0.65 | 0.51 | 0.47 | 0.48 | 0.26 | |||||
| Interest Coverage TTM | -26.96 | -20.47 | -16.67 | -16.52 | -19.56 | -20.17 | -21.64 | -38.79 | -39.70 | -40.95 | -36.72 | -49.13 | |||||
| Debt Ratio | 0.25 | 0.24 | 0.22 | 0.29 | 0.31 | 0.55 | 1.17 | 0.40 | 0.34 | 0.32 | 0.32 | 0.20 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.14 | 0.09 | 0.07 | 0.08 | 0.07 | 0.11 | 0.13 | 0.12 | 0.11 | 0.07 | 0.05 | 0.07 | |||||
| Days Sales Outstanding TTM | 39.27 | 45.23 | 41.36 | 39.64 | 30.87 | 17.12 | 16.15 | 47.44 | 37.22 | 68.13 | 71.89 | 63.39 | |||||
| Receivables Turnover TTM | 9.30 | 8.07 | 8.82 | 9.21 | 11.82 | 21.32 | 22.60 | 7.69 | 9.81 | 5.36 | 5.08 | 5.76 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -0.66 | -0.56 | 0.24 | -1.02 | -1.19 | -1.04 | -2.71 | -2.14 | -2.93 | -3.92 | -4.51 | -6.67 | |||||
| Free Cash Flow Per Share TTM | -0.74 | -0.69 | -0.73 | -0.43 | -0.40 | -0.66 | -0.85 | -1.32 | -1.90 | -2.50 | -3.04 | -3.21 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 28.75% | 32.00% | 48.72% | 57.62% | 57.31% | 67.71% | 55.20% | 48.22% | 45.38% | 29.49% | 17.98% | 27.50% | |||||
| Operating Profit Margin TTM | -360.67% | -528.58% | -617.69% | -680.49% | -661.19% | -437.67% | -345.79% | -739.85% | -927.57% | -1,441.79% | -1,968.04% | -1,554.35% | |||||
| Net Profit Margin TTM | -254.75% | -358.04% | 191.36% | -953.45% | -1,028.07% | -704.03% | -932.66% | -722.22% | -893.88% | -1,390.02% | -1,880.78% | -1,487.96% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 171.79% | 16.83% | -32.62% | -44.07% | -50.07% | -16.95% | 26.68% | -32.55% | -39.23% | -54.78% | -57.81% | 21.89% | |||||
| Net Income Growth (1Y) | -32.65% | -40.59% | -113.82% | -26.17% | -42.58% | -57.94% | -37.18% | -67.26% | -52.71% | -36.42% | -26.43% | 64.37% | |||||
| EPS Growth (1Y) | -44.72% | -53.40% | -109.53% | -52.26% | -59.50% | -69.20% | -39.84% | -67.85% | -54.68% | -37.42% | -29.78% | 60.86% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -9.27 | -10.80 | 16.48 | -8.39 | -7.30 | -4.88 | -4.52 | -0.83 | -0.55 | -0.46 | -0.16 | -0.13 | |||||
| P/B TTM | 3.95 | 3.91 | 2.22 | 6.71 | 6.07 | 7.34 | -34.46 | 2.00 | 1.43 | 1.37 | 0.45 | 0.29 | |||||
| P/S TTM | 23.61 | 38.67 | 31.54 | 80.02 | 75.02 | 34.32 | 42.19 | 6.03 | 4.88 | 6.42 | 3.01 | 1.91 | |||||
| Market Cap | 279.60M | 273.58M | 165.46M | 347.78M | 326.88M | 207.83M | 328.53M | 46.86M | 42.60M | 46.84M | 18.49M | 21.98M | |||||
| Enterprise Value | 245.83M | 255.72M | 147.24M | 320.42M | 306.73M | 197.77M | 297.34M | 25.53M | 16.77M | 15.04M | -4.65M | -13.33M | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | -34.05M | -31.19M | -28.54M | -17.33M | -15.17M | -23.20M | -22.89M | -34.50M | -50.48M | -64.68M | -77.90M | -82.55M | |||||
| Net Debt | -33.77M | -17.85M | -18.22M | -27.36M | -20.15M | -10.06M | -31.19M | -21.33M | -25.83M | -31.80M | -23.14M | -35.31M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
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| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
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| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
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| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
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| ROA TTM | |||||||||||||||||
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| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
| NCAV | |||||||||||||||||
| NCAV Per Share TTM | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
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| PEG Ratio | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
Palladyne AI Corp. (PDYN) — SEC Financial Statements & Analysis
Palladyne AI Corp. (PDYN) is a services-prepackaged software company, incorporated in DE. Palladyne AI Corp. trades on Nasdaq as: PDYN, PDYNW. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), Palladyne AI Corp. reported a 171.79% year-over-year revenue growth, a Gross Profit Margin of 28.75% (TTM), a Debt-to-Equity ratio of 0.33x, a Price-to-Sales (P/S) ratio of 23.61x (TTM), a Price-to-Book (P/B) ratio of 3.95x (TTM), at a market cap of $279.60M. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 171.79%
- Gross Profit Margin TTM
- 28.75%
- Debt To Equity
- 0.33x
- P/S TTM
- 23.61x
- P/B TTM
- 3.95x
- Market Cap
- $279.60M
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Palladyne AI Corp. in?
Palladyne AI Corp. (PDYN) operates in the Services-Prepackaged Software industry.
What is PDYN's market cap?
Palladyne AI Corp. (PDYN) has a market capitalization of $279.60M as of 2026-06-30.
What exchange does PDYN trade on?
Palladyne AI Corp. (PDYN) trades on the Nasdaq.
Where is Palladyne AI Corp. incorporated?
Palladyne AI Corp. is incorporated in DE.