Palladyne AI Corp. (PDYN)
Nasdaq · Services-Prepackaged Software · Services · CIK 1826681 · fiscal year ends in Dec
Closing price $3.33 on 30 Oct 2026; 52-week range $3.33 to $9.96.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $11.8M
- Revenue growth
- 171.8%
- Net income, last twelve months
- -$30.2M
- Earnings per share
- -$0.68
- Gross margin
- 28.7%
- Operating margin
- -360.7%
- Net margin
- -254.7%
- Free cash flow
- -$36.7M
- Return on equity
- -42.6%
- Market value
- $163.4M
- Cash
- $33.8M
- Debt
- $0
- Debt to equity
- 0.00
- Shares outstanding
- 49.1M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | 31 Dec 2025 | $5.2M | -$32.4M | $10.0M | $0.24 | -$28.4M | 10-K filed 5 Mar 2026 |
| FY2024 | 31 Dec 2024 | $7.8M | -$26.9M | -$72.6M | -$2.71 | -$22.9M | 10-K filed 20 Feb 2025 |
| FY2023 | 31 Dec 2023 | $6.1M | -$121.0M | -$115.6M | -$4.51 | -$77.4M | 10-K filed 28 Feb 2024 |
| FY2022 | 31 Dec 2022 | $14.6M | -$177.0M | -$157.1M | -$6.42 | -$66.9M | 10-K filed 16 Mar 2023 |
| FY2021 | 31 Dec 2021 | $5.1M | -$81.0M | -$81.5M | -$4.32 | -$46.8M | 10-K filed 29 Mar 2022 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q2 FY2026 | 30 Jun 2026 | $5.8M | -$12.3M | -$0.27 |
| Q1 FY2026 | 31 Mar 2026 | $3.5M | -$12.6M | -$0.28 |
| Q4 FY2025 | 31 Dec 2025 | $1.7M | -$1.5M | -$0.04 |
| Q3 FY2025 | 30 Sep 2025 | $860.0K | -$3.7M | -$0.09 |
| Q2 FY2025 | 30 Jun 2025 | $1.0M | -$7.5M | -$0.20 |
| Q1 FY2025 | 31 Mar 2025 | $1.7M | $22.8M | $0.55 |
| Q4 FY2024 | 31 Dec 2024 | $761.0K | -$53.0M | -$1.96 |
| Q3 FY2024 | 30 Sep 2024 | $871.0K | -$7.1M | -$0.27 |
Revenue by segment
As the company reports it in the segment note of its annual report.
By product, FY2025
| Segment | Revenue | Share |
|---|---|---|
| Services Revenue | $4.7M | 89.3% |
| Manufacturing Revenue | $559.0K | 10.7% |
| Product Revenue | $3.0K | 0.1% |
Company events
The newest 8-K filings of 78 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 6 Aug 2026 | 8-K | Results, Investor update | 2.02, 7.01, 9.01 |
| 8 Jul 2026 | 8-K | Results, Investor update, Other events | 2.02, 7.01, 8.01 |
| 8 Jun 2026 | 8-K | Leadership change, Share sale, Shareholder vote | 3.02, 5.02, 5.07, 9.01 |
| 8 Jun 2026 | 8-K | Investor update, Other events | 7.01, 8.01, 9.01 |
| 5 May 2026 | 8-K | Results, Investor update | 2.02, 7.01, 9.01 |
| 5 Mar 2026 | 8-K | Results, Investor update | 2.02, 7.01 |
| 18 Feb 2026 | 8-K | Leadership change, Investor update | 5.02, 7.01, 9.01 |
| 14 Jan 2026 | 8-K | Investor update | 7.01, 9.01 |
| 13 Jan 2026 | 8-K | Results, Investor update, Other events | 2.02, 7.01, 8.01 |
| 17 Nov 2025 | 8-K | Investor update | 7.01 |
| 17 Nov 2025 | 8-K | Leadership change, Share sale, Investor update, Other events | 3.02, 5.02, 7.01, 8.01, 9.01 |
| 12 Nov 2025 | 8-K | Results, Investor update | 2.02, 7.01 |
Every filing
The newest filings with the SEC of 209 held.
| Filed | Form | Period |
|---|---|---|
| 28 Sep 2026 | 25-NSE | – |
| 6 Aug 2026 | 10-Q | 30 Jun 2026 |
| 6 Aug 2026 | 8-K | 6 Aug 2026 |
| 8 Jul 2026 | 8-K | 8 Jul 2026 |
| 8 Jun 2026 | 8-K | 8 Jun 2026 |
| 8 Jun 2026 | 8-K | 8 Jun 2026 |
| 29 May 2026 | SD | – |
| 11 May 2026 | DEFA14A | – |
| 5 May 2026 | 10-Q | 31 Mar 2026 |
| 5 May 2026 | 8-K | 5 May 2026 |
| 22 Apr 2026 | ARS | 31 Dec 2025 |
| 22 Apr 2026 | DEFA14A | – |
Insider trades
Form 4 trades by officers, directors and 10% owners, last 12 months.
| Traded | Insider | Type | Shares | Price | Value | Held after | Form 4 |
|---|---|---|---|---|---|---|---|
| 8 Sep 2026 | Wolff Benjamin G, PRESIDENT & CEO | Purchase | 17,121 | $5.79 | $99.1K | 400,240 | 8 Sep 2026 |
| 21 Aug 2026 | Thatcher Trevor, CHIEF FINANCIAL OFFICER | Sale outside a trading plan | 4,636 | $6.16 | $28.6K | 319,602 | 21 Aug 2026 |
| 21 Aug 2026 | Sonne Stephen, CHIEF LEGAL OFFICER | Sale outside a trading plan | 5,341 | $6.16 | $32.9K | 340,690 | 21 Aug 2026 |
| 21 Aug 2026 | Garagic Denis, CHIEF TECHNOLOGY OFFICER | Sale outside a trading plan | 17,255 | $6.16 | $106.3K | 990,798 | 21 Aug 2026 |
| 21 May 2026 | Thatcher Trevor, CHIEF FINANCIAL OFFICER | Sale outside a trading plan | 4,561 | $6.14 | $28.0K | 175,697 | 21 May 2026 |
| 21 May 2026 | Sonne Stephen, CHIEF LEGAL OFFICER | Sale outside a trading plan | 5,245 | $6.14 | $32.2K | 197,490 | 21 May 2026 |
| 21 May 2026 | Garagic Denis, CHIEF TECHNOLOGY OFFICER | Sale outside a trading plan | 17,176 | $6.14 | $105.5K | 559,959 | 21 May 2026 |
| 30 Mar 2026 | Thatcher Trevor, CHIEF FINANCIAL OFFICER | Sale outside a trading plan | 3,030 | $5.55 | $16.8K | 180,258 | 31 Mar 2026 |
| 30 Mar 2026 | Sonne Stephen, CHIEF LEGAL OFFICER | Sale outside a trading plan | 3,471 | $5.55 | $19.3K | 202,735 | 31 Mar 2026 |
| 30 Mar 2026 | Garagic Denis, CHIEF TECHNOLOGY OFFICER | Sale outside a trading plan | 15,149 | $5.55 | $84.0K | 577,135 | 31 Mar 2026 |
| 27 Mar 2026 | Wolff Benjamin G, PRESIDENT & CEO | Purchase | 1,000 | $5.85 | $5.8K | 2,837,401 | 30 Mar 2026 |
| 12 Mar 2026 | Thatcher Trevor, CHIEF FINANCIAL OFFICER | Sale outside a trading plan | 7,649 | $7.55 | $57.8K | 183,288 | 12 Mar 2026 |
Planned insider sales
Form 144 notices, filed when the sell order goes to the broker.
| Filed | Seller | Shares | Value | Planned sale |
|---|---|---|---|---|
| 21 Aug 2026 | Trevor Thatcher, Officer | 4,636 | $28.6K | 21 Aug 2026 |
| 21 Aug 2026 | STEPHEN SONNE, Officer | 5,341 | $32.9K | 21 Aug 2026 |
| 21 Aug 2026 | DENIS GARAGIC, Officer | 17,255 | $106.3K | 21 Aug 2026 |
| 21 May 2026 | Trevor Thatcher, Officer | 4,561 | $28.0K | 21 May 2026 |
| 21 May 2026 | STEPHEN SONNE, Officer | 5,245 | $32.2K | 21 May 2026 |
| 21 May 2026 | Kristi Martindale, Former Officer | 9,916 | $60.9K | 21 May 2026 |
| 21 May 2026 | DENIS GARAGIC, Officer | 17,176 | $105.5K | 21 May 2026 |
| 31 Mar 2026 | Trevor Thatcher, Officer | 3,030 | $16.8K | 30 Mar 2026 |
| 31 Mar 2026 | STEPHEN SONNE, Officer | 3,471 | $19.3K | 30 Mar 2026 |
| 31 Mar 2026 | DENIS GARAGIC, Officer | 15,149 | $84.0K | 30 Mar 2026 |
Large holders
Schedule 13D and 13G filings by holders of more than 5% of the voting shares.
| Filed | Holder | Schedule | Stake | Shares |
|---|---|---|---|---|
| 5 Oct 2026 | BlackRock Portfolio Management LLC | 13G amended | 1.2% | 591.3K |
| 29 Jul 2026 | BlackRock, Inc. | 13G | 5.4% | 2.6M |
| 14 May 2026 | KERBER WILLIAM XAVIER III | 13D amended | 5% | 2.4M |
| 21 Jan 2026 | BlackRock Portfolio Management LLC | 13G amended | 6.4% | 3.0M |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 6.1M | -5.74% | 6.52 |
| 30 Sep 2026 | 6.4M | -0.05% | 6.98 |
| 15 Sep 2026 | 6.4M | -16.53% | 9.78 |
| 31 Aug 2026 | 7.7M | -2.49% | 9.79 |
| 14 Aug 2026 | 7.9M | -8.82% | 7.72 |
| 31 Jul 2026 | 8.7M | -5.79% | 10.74 |
| 15 Jul 2026 | 9.2M | +10.68% | 5.7 |
| 30 Jun 2026 | 8.3M | +19.53% | 2.66 |
Funds that hold it
From each fund's latest Form 13F.
141 funds held it at 30 Jun 2026: 65 added and 27 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| BlackRock, Inc. | 2,764,973 | $16.8M | +553,053 |
| Vanguard Capital Management LLC | 1,506,873 | $9.2M | +116,265 |
| Raymond James Financial Inc. | 1,209,861 | $7.4M | +13,983 |
| Geode Capital Management, LLC | 928,526 | $5.6M | +146,624 |
| State Street Corp. | 708,629 | $4.3M | +77,449 |
| Themes Management Co LLC | 520,205 | $3.2M | +127,946 |
| Susquehanna International Group, LLP | 513,708 | $3.1M | +161,673 |
| UBS Group AG | 419,191 | $2.5M | +28,497 |
| Morgan Stanley | 388,212 | $2.4M | +194,539 |
| Millennium Management LLC | 310,883 | $1.9M | -43,346 |
Peers
Companies in the same industry.
- Microsoft Corp. (MSFT): revenue $346.4B, market value $3.88T
- Palantir Technologies Inc. (PLTR): revenue $6.2B, market value $442.4B
- Oracle Corp. (ORCL): revenue $71.8B, market value $395.2B
- SAP SE (SAP): revenue $41.6B, market value $274.5B
- CrowdStrike Holdings, Inc. (CRWD): revenue $5.4B, market value $256.4B
- Shopify Inc. (SHOP): revenue $13.3B, market value $202.6B
- Salesforce, Inc. (CRM): revenue $43.9B, market value $188.5B
- ServiceNow, Inc. (NOW): revenue $15.4B, market value $109.1B
- Snowflake Inc. (SNOW): revenue $5.4B, market value $107.8B
- Cloudflare, Inc. (NET): revenue $2.5B, market value $99.9B