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Segments

By product

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Services Revenue$4.68M
Engineering Services Revenue$1.78M
Product Revenue$1.69M
Manufacturing Revenue$559K
Product Development Contract Revenue$67K-96.1%

By geography

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Non Us$0

Other financials

Income statement

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 total revenue?
Palladyne AI Corp. (PDYN) reported total revenue of $3.54M in Q1 2026.
How has Palladyne AI Corp.'s total revenue changed year-over-year?
Palladyne AI Corp.'s total revenue increased by 106.9% year-over-year, from $1.71M to $3.54M.
What is the long-term trend for Palladyne AI Corp.'s total revenue?
Over 4 years (2021 to 2025), Palladyne AI Corp.'s total revenue has grown at a 0.8% compound annual growth rate (CAGR), from $5.08M to $5.25M.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.