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Palladyne AI Corp. PDYN R2KAI

Technology · Software - Infrastructure · United States
https://www.palladyneai.com
Company Profile ↓
$5.34
-40.93% 1Y
Mkt Cap$252.28M
P/E-9.05
P/B4.33
52W High$12.68
52W Low$4.15
Book Value$1.48
EPS (TTM)$-0.59

Company Overview

Palladyne AI Corp., a technology company, develops and offers embodied artificial intelligence software and collaborative autonomy solutions in the United States. Its Artificial Intelligence (AI)/ Machine Learning (ML) Foundational Technology enables robots to observe, learn, reason, and act in unstructured. In addition, the company's technologies enable robotic systems to perceive their environment and quickly adapt to changing circumstances by generalizing from their experience using dynamic real-time operations without extensive programming, training, or the latency associated with processing in the cloud. Further, it offers Palladyne IQ used with industrial robots and cobots, enabling them to learn multiple tasks and handle disruptions or obstacles; and develops Palladyne Pilot for use with unmanned platform, such as UAVs to enable persistent detection, identification, tracking, and classification of objects of interest by sharing situational awareness information across multiple drones that is derived by fusing multi-modal sensor data. It serves industrial manufacturing, defense, infrastructure maintenance, repair and surveillance, energy, and aerospace and aviation industries. The company was formerly known as Sarcos Technology and Robotics Corporation and changed its name to Palladyne AI Corp. in March 2024. Palladyne AI Corp. is headquartered in Salt Lake City, Utah.

Why Investors Should Care

Conservative Balance Sheet

Carries low leverage with a debt-to-equity ratio of 0.15.

Recent Developments

  • Dec 2025 Revenue of $5.25M (-32.6% YoY); net profit $10.04M.
  • Trailing 12 Months Year-on-year growth — revenue +106.9%.
  • 5-Year Trend Long-term compounding — revenue CAGR -9.9%.

Growth & Price Performance

Compounded Sales Growth

5 Years:-9.86%
1 Year:106.90%

Stock Price Performance

1 Year:-40.93%
6 Months:-15.77%
3 Months:-18.10%
1 Month:-22.27%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

AI Exposure AI AI Software / Robotics Autonomy

Palladyne AI develops embodied-AI software that lets robots and autonomous systems observe, learn, reason and act in unstructured environments.

Core Focus

AI/ML foundational software for robotic perception and autonomy across defence and industrial applications.

Key Initiatives
  • Embodied-AI software Palladyne's AI/ML enables robots to perceive, learn and adapt in unstructured environments.
  • Collaborative autonomy Software lets multiple autonomous systems coordinate on complex tasks.
  • Defence & industrial pilots Early deployments target defence drones/robotics and industrial automation.
Why Investors Should Care
  • Pure-play on embodied/physical AI for robotics and autonomy.
  • Differentiated software-only approach across robot platforms.
  • Pre-scale and loss-making (deeply negative ROE) — highly speculative.
  • Commercialisation timing and funding needs are central risks.
AI InvestmentAI is the entire business; spending is R&D for embodied-AI and autonomy software.
AI RevenueMinimal revenue today; growth depends on converting pilots into commercial deployments.
ROI (Now)Early — losses persist as Palladyne proves its technology.
ROI (Expected)Defence and industrial autonomy adoption is the path to scale if pilots convert.

Curated from public filings and analyst commentary; figures are illustrative.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

No notable strengths flagged.

CONS

  • Revenue declined at -9.9% CAGR over 5 years.
  • Trading 57.9% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
-9.05
Industry PE
36.02
Forward P/E
-7.52
PEG Ratio
-
Book Value
$1.48
Price to Book
4.33
P/S
42.81
EV/EBITDA
-7.53
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
-9.86%
Profit 5Y
-
Revenue (YoY)
106.90%
Earnings (YoY)
-

Profitability & Returns

ROCE
-35.99%
ROE
-51.58%
ROA
-29.99%
Profit Margin
0.00%
Op Margin
-
Gross Margin
32.01%
EPS (Latest Qtr)
$-0.28
EPS (TTM)
$-0.59

Balance Sheet & Liquidity

Debt/Equity
0.15
Quick Ratio
7.47
Current Ratio
7.85
Debt
$10.53M
Total Assets
$92.55M
Current Assets
-
Working Capital
-

Ownership

Promoter Holding
35.76%
Chg in Prom Hold
-
FII / Inst Holding
24.05%
Chg in FII Hold
0.05%

Financial Snapshot

Enterprise Value
$252.28M
Total Revenue (TTM)
$7.07M
EBITDA
$-35.81M
Free Cash Flow
$-17.76M
Operating Cash Flow
$-30.36M
Shares Outstanding
47.24M
Gross Margin
32.01%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 PDYN Palladyne AI Corp. R2KAI 5.34 -9.05 $252.28M 0.00% -35.99% -51.58% -9.86% -
2 NVDA NVIDIA Corporation NDXSPXAI 211.80 32.43 $5.13T 0.49% 74.66% 114.29% 24.64% 32.12%
3 AAPL Apple Inc. NDXSPX 314.86 38.07 $4.62T 0.37% 68.72% 141.47% 1.81% 3.92%
4 MSFT Microsoft Corporation NDXSPXAI 384.93 22.91 $2.86T 0.93% 26.90% 34.01% 9.48% 10.85%
5 TSM Taiwan Semiconductor Manufacturing Company Limited AI 420.39 36.18 $2.18T 0.90% 30.20% 36.21% 18.94% 19.57%
6 AVGO Broadcom Inc. NDXSPXAI 389.11 64.85 $1.85T 0.68% 16.70% 37.28% 24.38% 26.24%
7 MU Micron Technology, Inc. NDXSPXAI 983.12 46.37 $1.11T 0.06% 13.69% 39.82% 13.68% 26.02%
8 AMD Advanced Micro Devices, Inc. NDXSPXAI 548.13 181.50 $893.78B 0.00% 6.33% 8.06% 13.64% 48.64%
9 ASML ASML Holding N.V. NDXAI 1,775.64 59.55 $684.36B 0.47% 42.97% 52.24% 15.55% 19.55%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Mar 2026
Revenue 1.50M1.80M1.14M1.13M743.00K3.04M4.67M2.30M1.28M1.83M3.44M2.71M871.00K1.71M1.01M860.00K3.54M
Operating Income -6.89M-5.19M-7.67M-40.49M-25.63M-28.98M-27.25M-23.19M-29.96M-30.75M-7.35M-5.79M-7.30M-6.93M-8.09M-8.06M-11.92M
Net Income -6.89M-5.20M-5.26M-36.98M-19.20M-23.12M-22.50M-21.48M-28.66M-28.98M-7.23M-5.32M-7.10M22.76M-7.49M-3.74M-12.61M
Diluted EPS ----0.35-0.14-0.95-0.89-0.84-1.12-1.13-0.28-0.20-0.270.55-0.20-0.09-0.28
R&D Expense 4.61M2.81M4.05M4.53M5.88M7.57M10.50M9.40M11.71M10.01M2.90M2.35M2.58M2.87M3.12M3.15M3.90M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 8.81M5.08M14.57M6.15M7.79M5.25M
Operating Income -21.00M-80.99M-177.04M-120.96M-26.92M-32.40M
Net Income -20.93M-81.51M-157.13M-115.59M-72.62M10.04M
Diluted EPS --0.72-6.42-4.51-2.710.24
R&D Expense 14.12M17.52M34.14M39.01M10.44M12.90M

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets -38.05M235.82M167.62M60.43M56.25M95.71M
Total Equity 11.47M32.91M213.96M144.45M40.91M-9.53M74.67M
Cash & Equivalents -33.66M217.11M35.16M23.14M31.19M18.22M
Total Liabilities -5.15M21.86M23.18M19.52M65.79M21.04M
Current Liabilities -3.56M6.16M10.53M8.46M4.43M5.67M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow -16.88M-42.10M-65.39M-76.62M-22.63M-27.64M
Investing Cash Flow -950.00K-4.69M-109.05M64.68M6.88M-24.58M
Financing Cash Flow 42.30M230.24M-7.52M-82.00K23.80M39.25M
Capital Expenditure -950.00K-4.69M-1.50M-782.00K-265.00K-713.00K
Free Cash Flow -17.83M-46.79M-66.89M-77.40M-22.89M-28.35M

Ratios (Annual)

Figures in %.

Metric Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % ------
Operating Margin % -238.3%-1,595.9%-1,215.2%-1,968.0%-345.8%-617.7%
Net Margin % -237.4%-1,606.1%-1,078.5%-1,880.8%-932.7%191.4%
ROE % -63.6%-38.1%-108.8%-282.6%761.7%13.4%
ROCE % -60.9%-35.3%-112.7%-232.7%-52.0%-36.0%

Shareholding Pattern

Insiders
35.76%
Institutions
24.05%
Public Float
37.44%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 4.68% 2.21M $12.81M
2 Vanguard Capital Management LLC 2.94% 1.39M $8.05M
3 Raymond James Financial, Inc. 2.53% 1.20M $6.92M
4 Geode Capital Management, LLC 1.66% 781.90K $4.53M
5 State Street Corporation 1.34% 631.18K $3.65M
6 UBS Group AG 0.83% 390.69K $2.26M
7 Themes Management Co LLC 0.83% 392.26K $2.27M
8 Millennium Management Llc 0.75% 354.23K $2.05M
9 Susquehanna International Group, LLP 0.75% 352.04K $2.04M
10 Northern Trust Corporation 0.50% 236.05K $1.37M

Analyst View

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Latest News

Recent headlines for PDYN

Google News Sat, 11 Jul 2026

PDYN Stock Slips Overnight Even As Revenue More Than Doubles: CEO Says It 'Could Have Been Even Better' - Stocktwits

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Google News Sat, 11 Jul 2026

Palladyne AI (PDYN) Stock Sees Fair Value Lift As Analysts Weigh Defense Partnership Risks - Yahoo Finance

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Google News Mon, 29 Jun 2026

Defense prime picks Palladyne AI’s BRAIN for counter-drone system - Stock Titan

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Google News Sat, 11 Jul 2026

Palladyne AI: Autonomous Platforms Have Potential In Modern Warfare - Seeking Alpha

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Google News Sat, 20 Jun 2026

Palladyne AI (PDYN) Stock Could Be Fairly Valued After U.S. Army Contract Wins - simplywall.st

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Google News Mon, 13 Jul 2026

The Technical Signals Behind (PDYN) That Institutions Follow - Stock Traders Daily

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PDYN — Frequently Asked Questions

What is the current share price of Palladyne AI Corp. (PDYN)?

As of 2026-07-14 21:23 PDT, Palladyne AI Corp. (PDYN) trades at $5.34 on NasdaqGM. Its 52-week range is $4.15 to $12.68.

What is the market capitalisation of PDYN?

Palladyne AI Corp. (PDYN) has a market capitalisation of $252.28M on NasdaqGM.

What is the P/E ratio of PDYN?

PDYN trades at a trailing price-to-earnings (P/E) ratio of -9.05. The industry average P/E is 36.02. Its price-to-book (P/B) ratio is 4.33.

What is the return on equity (ROE) of PDYN?

PDYN has a return on equity (ROE) of -51.58%. Its return on capital employed (ROCE) is -35.99%.

Is PDYN a good stock to buy?

This page provides a data-driven analysis of Palladyne AI Corp. (PDYN), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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