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Palladyne AI Corp.

PDYN

Palladyne AI Corp. is a technology company specializing in embodied artificial intelligence software and collaborative autonomy solutions for defense and commercial markets.

Market cap
$244.25M-20.0%
Revenue$11.9M+172%
Trailing twelve months · change vs. prior year

Earnings

Q2 2026 report

August 6, 2026

Next report

Date not yet announced

Financials

Q2 2026

Income statement

See full
Revenue$5.8M+471%

Valuation & ratios

Valuation

See full
Market cap$244.25M-20.0%
Enterprise value$236.93M
P/S20.6×

Competitors

Profile

Palladyne AI Corp. is a technology company specializing in embodied artificial intelligence software and collaborative autonomy solutions for defense and commercial markets. The company provides a hardware-agnostic AI stack that enables robotic systems, unmanned aerial vehicles (UAVs), and industrial cobots to observe, learn, and act autonomously in complex, contested, or unstructured environments. Their value proposition centers on edge-native orchestration that eliminates cloud dependency and reduces the need for costly manual reprogramming.

Competitive position

A mid-tier technology prime defense contractor positioning itself as an agile alternative to legacy incumbents through hardware-agnostic, edge-native AI.

GeographiesUnited States
Customer segmentsGovernment, Enterprise, Industrial
Business modelSubscription SaaS, Term-based licensing, Device-based licensing, Professional Services
SuppliersRF spectrum providers, Sensor manufacturers (LiDAR, Radar, Vision), Raw material suppliers for machining, Electronic component distributors
CustomersU.S. Department of Defense, Industrial manufacturing plants, Logistics fulfillment centers, Commercial drone operators
Listed2021
Employees70.0
CEOBenjamin G. Wolff
FilingsSEC EDGAR

Questions, answered.

What is Palladyne AI Corp.'s market cap?
Palladyne AI Corp. (PDYN) has a market capitalization of $244.3M and trades on NASDAQ.
What is Palladyne AI Corp.'s revenue and profitability?
Palladyne AI Corp. generated $11.9M in trailing twelve-month revenue, representing a net margin of -953.5%. Gross margin stands at 32.0%. These figures are based on the Q2 2026 filing.
Who are Palladyne AI Corp.'s competitors?
Palladyne AI Corp.'s key competitors include Northrop Grumman, Boeing, Lockheed Martin, and others. These companies compete in similar markets and product categories.
Who does Palladyne AI Corp. partner with?
Palladyne AI Corp.'s notable partners include Red Cat, Draganfly, ABB, and others.
What subsidiaries does Palladyne AI Corp. have?
Palladyne AI Corp.'s subsidiaries include GuideTech, Warnke Precision Machining, MKR Fabricators.
Where is Palladyne AI Corp. headquartered?
Palladyne AI Corp. is headquartered in United States of America and employs approximately 70 people. It has been publicly traded since 2021.