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Palladyne AI Corp. PDYN Engineering Services Revenue — Revenue

Other product segments

Services Revenue
$4.68M
Product Revenue
$1.69M
Manufacturing Revenue
$559K
Product Development Contract Revenue
$67K-96.1%

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Other financials

Income statement

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Revenue$3.5M+107%
Gross profit$1.1M-21.5%
Operating income-$11.9M-72.0%
Net income-$12.6M-155%
EPS (diluted)-$0.28-151%

Balance sheet

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Cash & equivalents$17.9M+77.5%
Total debt$10.5M-1.7%
Total equity$69.9M+147%
Total assets$92.6M+46.2%

Cash flow

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Operating cash flow-$10.2M-36.2%
CapEx$27.0K-71.0%
Free cash flow-$10.3M-34.9%

Valuation

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Market cap$287.24M-10.9%
Enterprise value$279.92M
P/S40.6×

Profitability

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Gross margin32%-35.7pp
Operating margin-528.6%+139pp
Net margin-953.5%+449pp
FCF margin-438.3%+73.6pp

Returns & leverage

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Return on equity-110.1%-2.5pp
Debt / equity0.2×-0.2×
Current ratio7.8×-8.2×

Where this comes from

Reported directly by Palladyne AI Corp. in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The official record: Palladyne AI Corp.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Palladyne AI Corp.'s engineering services revenue — revenue?
Palladyne AI Corp. (PDYN) reported engineering services revenue — revenue of $1.78M in Q1 2026.
What does engineering services revenue — revenue mean?
This metric represents the total revenue generated from providing specialized engineering, consulting, and technical development services to clients. It reflects the company's ability to monetize its technical expertise and intellectual property through project-based engagements or service contracts. This revenue stream is a key indicator of the company's market demand for its custom robotics and AI integration capabilities.