Palladyne AI Corp. logo

Palladyne AI Corp.

PDYN

NASDAQTechnologySoftware - Infrastructure

Previous close

$6.13

+$0.03 · +0.49%

Aug 21, 4:00 PM ET

PDYN company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Strong Sell

Exit — multiple negative signals converging

Valuation

2

Overpriced

Momentum

23

Weakening

Sentiment

66

Bullish

Risk resilience

11

Extreme Risk

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Company profile

Company website

Palladyne AI Corp. is a software enterprise dedicated to advancing the capabilities and operational effectiveness of third-party robotic systems, both fixed and mobile, within the United States. At its core, the company leverages advanced Artificial Intelligence (AI) and Machine Learning (ML) foundational technology. This proprietary technology empowers robots to perceive, understand, deduce, and execute actions effectively across both predictable and dynamic settings. It allows robotic systems to intrinsically sense their surroundings and rapidly adjust to evolving situations by learning dynamically from their interactions, all while circumventing extensive programming, protracted training, or the inherent latency of cloud-based operations. Among its offerings is Palladyne IQ, a solution designed for industrial robots and collaborative robots (cobots). This software allows these machines to master diverse tasks and efficiently navigate disruptions or obstructions. The company also develops Palladyne Pilot, tailored for unmanned platforms like Class 1 UAVs. This system ensures continuous detection, identification, tracking, and categorization of targets of interest. It achieves this by consolidating multi-modal sensor data and facilitating shared situational awareness across an entire fleet of drones. Palladyne AI serves a broad spectrum of industries, including industrial manufacturing, defense, infrastructure maintenance, repair, and surveillance, as well as the energy and aerospace sectors. Previously known as Sarcos Technology and Robotics Corporation, the company officially adopted the name Palladyne AI Corp. in March 2024. Its headquarters are located in Salt Lake City, Utah.

Industry
Software - Infrastructure
Sector
Technology
Headquarters
US
CEO
Benjamin G. Wolff
Listed since
Sep 27, 2021
Employees
161

Market position

Day range

Current $6.13

52-week range

Current $6.13

Open
$6.19
Previous close
$6.10
Volume
813.66K
0.5× average
Average volume
1.63M
Average daily volume
Market cap
289.61M USD
Beta
3.66
Market reference 1
50-day average
$5.8182
+5.36% above average
200-day average
$6.2464
-1.86% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
158.03M USD
P/E (TTM)
-9.08×
P/B (TTM)
3.98×
P/S (TTM)
24.46×
EV / EBITDA
18.39×
Earnings yield
6.07%
Free cash flow yield
-17.13%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
28.75%
Operating margin
-360.67%
Net margin
-254.75%
Return on equity
13.44%
Return on assets
10.49%
Return on invested capital
-35.57%

Financial health

Debt / equity
0.15×
Current ratio
9.28×
Altman Z-score
-0.58
Piotroski F-score
1 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends407%-456%-1320%-2184%Gross margin, FY2021: 23.80%Gross margin, FY2022: 20.28%Gross margin, FY2023: 17.98%Gross margin, FY2024: 55.20%Gross margin, FY2025: 48.72%Operating margin, FY2021: -1595.88%Operating margin, FY2022: -1215.17%Operating margin, FY2023: -1968.04%Operating margin, FY2024: -345.79%Operating margin, FY2025: -617.69%Net margin, FY2021: -1606.07%Net margin, FY2022: -1078.52%Net margin, FY2023: -1880.78%Net margin, FY2024: -932.66%Net margin, FY2025: 191.36%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 23.80%. Gross margin FY2022 20.28%. Gross margin FY2023 17.98%. Gross margin FY2024 55.20%. Gross margin FY2025 48.72%. Operating margin FY2021 -1595.88%. Operating margin FY2022 -1215.17%. Operating margin FY2023 -1968.04%. Operating margin FY2024 -345.79%. Operating margin FY2025 -617.69%. Net margin FY2021 -1606.07%. Net margin FY2022 -1078.52%. Net margin FY2023 -1880.78%. Net margin FY2024 -932.66%. Net margin FY2025 191.36%.

Income trends

Revenue

5.25M USD-32.62%

Operating income

−32.4M USD-20.36%

Net income

10.04M USD+82.66M USD
Income trends across reported periods33.73M USD−42.91M USD−119.56M USD−196.2M USDRevenue, FY2021: 5.08M USDRevenue, FY2022: 14.57M USDRevenue, FY2023: 6.15M USDRevenue, FY2024: 7.79M USDRevenue, FY2025: 5.25M USDOperating income, FY2021: −80.99M USDOperating income, FY2022: −177.04M USDOperating income, FY2023: −120.96M USDOperating income, FY2024: −26.92M USDOperating income, FY2025: −32.4M USDNet income, FY2021: −81.51M USDNet income, FY2022: −157.13M USDNet income, FY2023: −115.59M USDNet income, FY2024: −72.62M USDNet income, FY2025: 10.04M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 5.08M USD. Revenue FY2022 14.57M USD. Revenue FY2023 6.15M USD. Revenue FY2024 7.79M USD. Revenue FY2025 5.25M USD. Operating income FY2021 −80.99M USD. Operating income FY2022 −177.04M USD. Operating income FY2023 −120.96M USD. Operating income FY2024 −26.92M USD. Operating income FY2025 −32.4M USD. Net income FY2021 −81.51M USD. Net income FY2022 −157.13M USD. Net income FY2023 −115.59M USD. Net income FY2024 −72.62M USD. Net income FY2025 10.04M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue5.25M USD7.79M USD6.15M USD14.57M USD5.08M USD
Cost of goods sold2.69M USD3.49M USD5.04M USD11.61M USD3.87M USD
Gross profit2.56M USD4.3M USD1.11M USD2.96M USD1.21M USD
Research and development12.9M USD10.44M USD39.01M USD34.14M USD17.52M USD
Selling, general, and administrative21.94M USD20.98M USD42.28M USD73.43M USD64.68M USD
Operating expenses34.96M USD31.22M USD122.06M USD179.99M USD82.2M USD
Interest income1.94M USD1.24M USD3.29M USD1.83M USD
Interest expense34K USD
Depreciation and amortization1.09M USD825K USD4.38M USD3.59M USD531K USD
Operating income−32.4M USD−26.92M USD−120.96M USD−177.04M USD−80.99M USD
Net income10.04M USD−72.62M USD−115.59M USD−157.13M USD−81.51M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
36%
4 beats, 4 misses, 3 met estimates
Average EPS surprise
-11.75%
11 comparable reports
Latest EPS result
-0.27
Estimate -0.23 · Miss by 16.13%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.75-0.23-1.2-2.18Q1 '25MetQ2 '25MetQ3 '25MetQ4 '25BeatQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 20, 2025: actual -1.98, estimate -1.98, surprise 0.00%, Met estimate. Q2 2025, reported May 7, 2025: actual 0.55, estimate 0.55, surprise 0.00%, Met estimate. Q3 2025, reported Aug 6, 2025: actual -0.2, estimate -0.2, surprise 0.00%, Met estimate. Q4 2025, reported Nov 12, 2025: actual -0.09, estimate -0.185, surprise +51.35%, Beat. Q1 2026, reported Mar 5, 2026: actual -0.16, estimate -0.09, surprise -77.78%, Miss. Q2 2026, reported May 5, 2026: actual -0.28, estimate -0.24, surprise -16.67%, Miss. Q3 2026, reported Aug 6, 2026: actual -0.27, estimate -0.233, surprise -16.13%, Miss. Q4 2026, reported Nov 11, 2026: actual —, estimate -0.21, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates8.08M5.6M3.12M646.85KQ1 '25MetQ2 '25MetQ3 '25MetQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 20, 2025: actual 761K USD, estimate 761K USD, surprise 0.00%, Met estimate. Q2 2025, reported May 7, 2025: actual 1.71M USD, estimate 1.71M USD, surprise 0.00%, Met estimate. Q3 2025, reported Aug 6, 2025: actual 1.02M USD, estimate 1.02M USD, surprise 0.00%, Met estimate. Q4 2025, reported Nov 12, 2025: actual 860K USD, estimate 809K USD, surprise +6.30%, Beat. Q1 2026, reported Mar 5, 2026: actual 1.66M USD, estimate 809K USD, surprise +105.32%, Beat. Q2 2026, reported May 5, 2026: actual 3.54M USD, estimate 4.93M USD, surprise -28.25%, Miss. Q3 2026, reported Aug 6, 2026: actual 5.78M USD, estimate 5.8M USD, surprise -0.29%, Miss. Q4 2026, reported Nov 11, 2026: actual —, estimate 7.54M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$10.75

75.37% upside
Past 12 months12-month forecastHigh $15.00Average $10.75Low $7.00

Recent analyst actions

1 institution
JefferiesmaintainHold

PDYN news

Corporate actions

Corporate action history

Stock split

Effective Jul 6, 2023

1:6

PDYN peers

ETFs holding PDYN

Funds reporting this stock among their holdings, ordered by reported position size.

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