Palladyne AI Corp.
PDYNNasdaq
$4.88
↑ +0.6%Jul 17 close · end-of-day
Price
1Y↓ -49.4%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$219.9M
Enterprise Value
$176.3M
P/E
—
P/S
31.1
P/B
3.1
EV/EBITDA
—
PEG
—
FCF Yield
-14.1%
Dividend Yield
—
Revenue (TTM)
$7.1M
Net Income (TTM)
-$25.3M
Free Cash Flow (TTM)
-$31.0M
Gross Margin
—
Operating Margin
-528.6%
Net Margin
-358.0%
ROE
-36.2%
ROIC
-112.6%
Debt / Equity
—
Net Cash
$43.7M
Return 1Y
-61.5%
Company profile
Palladyne AI Corp., a software company, focuses on delivering software that enhances the utility and functionality of third-party stationary and mobile robotic systems in the United States. 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. was founded in 2017 and is headquartered in Salt Lake City, Utah.
- CEO
- Benjamin G. Wolff
- Sector
- Manufacturing
- Industry
- Machinery
- Employees
- 70
- Headquarters
- Utah
- Website
- www.palladyneai.com
Management & directors
- Garagic DenisCHIEF TECHNOLOGY OFFICER
- Sonne StephenCHIEF LEGAL OFFICER
- Thatcher TrevorCHIEF FINANCIAL OFFICER
- Wolff Benjamin GPRESIDENT & CEO
- Martindale KristiChief Commercial Officer
Roles derived from SEC Form 4 filings.
Earnings
PDYN Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$3.5M↑ +106.9%
Diluted EPS-$0.28↓ -150.9%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $8.8M | $5.1M | $14.6M | $6.1M | $7.8M | $5.2M |
| Gross profit | — | — | — | — | — | — |
| Operating income | -$21.0M | -$81.0M | -$177.0M | -$121.0M | -$26.9M | -$32.4M |
| Net income | -$20.9M | -$81.5M | -$157.1M | -$115.6M | -$72.6M | $10.0M |
| Diluted EPS | — | -$0.72 | -$6.42 | -$4.51 | -$2.71 | $0.24 |
| Operating cash flow | -$16.9M | -$42.1M | -$65.4M | -$76.6M | -$22.6M | -$27.6M |
| Free cash flow | -$17.8M | -$46.8M | -$66.9M | -$77.4M | -$22.9M | -$28.4M |
| Gross margin | — | — | — | — | — | — |
| Operating margin | -238.3% | -1595.9% | -1215.2% | -1968.0% | -345.8% | -617.7% |
| Net margin | -237.4% | -1606.1% | -1078.5% | -1880.8% | -932.7% | 191.4% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.7M | $871,000.00 | $761,000.00 | $1.7M | $1.0M | $860,000.00 | $1.7M | $3.5M |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | -$5.8M | -$7.3M | -$6.5M | -$6.9M | -$8.1M | -$8.1M | -$9.3M | -$11.9M |
| Net income | -$5.3M | -$7.1M | -$53.0M | $22.8M | -$7.5M | -$3.7M | -$1.5M | -$12.6M |
| Diluted EPS | -$0.20 | -$0.27 | -$1.96 | $0.55 | -$0.20 | -$0.09 | -$0.02 | -$0.28 |
| Operating cash flow | -$5.8M | -$4.5M | -$5.1M | -$7.5M | -$5.3M | -$6.3M | -$8.5M | -$10.2M |
| Free cash flow | -$5.9M | -$4.5M | -$5.1M | -$7.6M | -$5.3M | -$6.7M | -$8.7M | -$10.3M |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | -213.3% | -838.0% | -852.0% | -405.3% | -797.4% | -937.8% | -560.7% | -336.9% |
| Net margin | -196.2% | -814.7% | -6960.4% | 1330.9% | -737.6% | -434.9% | -89.9% | -356.4% |
Company news
Jul 7, 2026
- 13d agoPalladyne AI gains after landing US Air Force contract for autonomous swarm technology (PDYN)investorshub.advfn.com
- 13d agoPalladyne AI, Cloudflare rise premarket; Nvidia slipsfinance.yahoo.com
- 13d agoPalladyne AI Executes $4.2 Million U.S. Air Force Contract to Advance Swarming Capabilities for Integrated Cross-Domain Operationsfinance.yahoo.com
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-06-08 | SONNE STEPHEN· CHIEF LEGAL OFFICER | Award | 147,541 | $0.00 | $0.00 | filing |
| 2026-06-08 | GARAGIC DENIS· CHIEF TECHNOLOGY OFFICER | Award | 447,094 | $0.00 | $0.00 | filing |
| 2026-06-08 | THATCHER TREVOR· CHIEF FINANCIAL OFFICER | Award | 147,541 | $0.00 | $0.00 | filing |
| 2026-06-08 | Wolff Benjamin G· PRESIDENT & CEO | Award | 4,470,942 | $0.00 | $0.00 | filing |
| 2026-06-08 | Twitty Stephen | Award | 15,083 | $0.00 | $0.00 | filing |
| 2026-06-08 | Young Michael T. | Award | 15,083 | $0.00 | $0.00 | filing |
| 2026-06-08 | Olson Eric T | Award | 15,083 | $0.00 | $0.00 | filing |
| 2026-06-08 | FINN BRIAN D | Award | 15,083 | $0.00 | $0.00 | filing |
| 2026-06-08 | WEIBLING DENNIS M | Award | 15,083 | $0.00 | $0.00 | filing |
| 2026-06-01 | GARAGIC DENIS· CHIEF TECHNOLOGY OFFICER | Award | 1,000 | $4.55 | $4,547.50 | filing |
| 2026-06-01 | THATCHER TREVOR· CHIEF FINANCIAL OFFICER | Award | 1,000 | $4.55 | $4,547.50 | filing |
| 2026-06-01 | SONNE STEPHEN· CHIEF LEGAL OFFICER | Award | 1,000 | $4.55 | $4,547.50 | filing |
| 2026-05-21 | GARAGIC DENIS· CHIEF TECHNOLOGY OFFICER | Sale | 17,176 | $6.14 | $105,529.34 | filing |
| 2026-05-21 | SONNE STEPHEN· CHIEF LEGAL OFFICER | Sale | 5,245 | $6.14 | $32,225.28 | filing |
| 2026-05-21 | THATCHER TREVOR· CHIEF FINANCIAL OFFICER | Sale | 4,561 | $6.14 | $28,022.78 | filing |
| 2026-03-30 | GARAGIC DENIS· CHIEF TECHNOLOGY OFFICER | Sale | 15,149 | $5.55 | $84,020.90 | filing |
| 2026-03-30 | SONNE STEPHEN· CHIEF LEGAL OFFICER | Sale | 3,471 | $5.55 | $19,251.21 | filing |
| 2026-03-30 | THATCHER TREVOR· CHIEF FINANCIAL OFFICER | Sale | 3,030 | $5.55 | $16,805.29 | filing |
| 2026-03-27 | Wolff Benjamin G· PRESIDENT & CEO | Buy | 1,000 | $5.85 | $5,850.00 | filing |
| 2026-03-12 | GARAGIC DENIS· CHIEF TECHNOLOGY OFFICER | Sale | 12,945 | $7.55 | $97,734.75 | filing |
| 2026-03-12 | THATCHER TREVOR· CHIEF FINANCIAL OFFICER | Sale | 7,649 | $7.55 | $57,749.95 | filing |
| 2026-03-12 | SONNE STEPHEN· CHIEF LEGAL OFFICER | Sale | 6,802 | $7.55 | $51,355.10 | filing |
| 2026-03-10 | SONNE STEPHEN· CHIEF LEGAL OFFICER | Award | 25,000 | $0.00 | $0.00 | filing |
| 2026-03-10 | GARAGIC DENIS· CHIEF TECHNOLOGY OFFICER | Award | 35,000 | $0.00 | $0.00 | filing |
| 2026-03-10 | THATCHER TREVOR· CHIEF FINANCIAL OFFICER | Award | 25,000 | $0.00 | $0.00 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.