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Palladyne AI Corp. PDYN Product Revenue — Revenue

Other product segments

Services Revenue
$4.68M
Engineering Services Revenue
$1.78M
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-7.2%
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 product revenue — revenue?
Palladyne AI Corp. (PDYN) reported product revenue — revenue of $1.69M in Q1 2026.
What is the long-term trend for Palladyne AI Corp.'s product revenue — revenue?
Over 4 years (2021 to 2025), Palladyne AI Corp.'s product revenue — revenue has grown at a -78.8% compound annual growth rate (CAGR), from $1.49M to $3K.
What does product revenue — revenue mean?
This metric represents the total gross income generated specifically from the sale of software licenses, subscriptions, or proprietary technology platforms related to robotic autonomy. It serves as a primary indicator of the commercial adoption and market traction of the company's core artificial intelligence and machine learning software offerings. Tracking this revenue stream helps investors evaluate the scalability of the company's product-led growth strategy within the robotics industry.