Palladyne AI Corp.
NASDAQ•PDYN
CEO: Ms. Laura J. Peterson
Sector: Technology
Industry: Software - Infrastructure
Listing Date:
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. Its Artificial Intelligence (AI)/ Machine Learning (ML) software platform enables robots to observe, learn, reason, and act in structured and unstructured environments. The company's software platform enables 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 and with minimal robot training. It serves customers from various industries, such as industrial manufacturing, warehousing and logistics, defense, infrastructure maintenance and repair, energy, aerospace and aviation, and others. 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.
Contact Information
650 South 500 West, Suite 150, Salt Lake City, UT, 84101, United States
888-927-7296
Market Cap
$317.38M
P/E (TTM)
31.8
46.2
Dividend Yield
--
52W High
$13.00
52W Low
$4.14
52W Range
Rank59Top 87.6%
2.2
F-Score
Modified Piotroski Analysis
Based on 5-year fundamentals
Weak • 2.2 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2021-2025
Financial Dashboard
Q4 2025 Data
Revenue
$1.66M+0.00%
4-Quarter Trend
EPS
-$0.04+0.00%
4-Quarter Trend
FCF
-$8.74M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Net Income Achieved Swung to $10.04M net income in 2025, reversing prior $72.62M net loss; driven by warrant fair value changes.
Revenue Declines Sharply Net Revenue fell 33% to $5.25M in 2025 from $7.79M in 2024; product sales ceased entirely during the year.
Strategic Acquisitions Completed Acquired GuideTech, MKR Fabrication, and Warnke Precision Machining in November 2025, integrating manufacturing capacity.
Ending Backlog Position Total backlog reached $13.9M as of December 31, 2025, mostly expected to recognize within next twelve months.
Risk Factors
Continued Operating Losses Expect significant future operating losses due to ongoing R&D and commercialization expenses; cash flow remains uncertain.
Unproven Commercialization Market demand for AI/ML products is unproven; Palladyne IQ sales cycle estimated at 12 to 18 months or longer.
Supplier Dependency Risks Dependent on single or sole source suppliers for hardware components; inability to deliver impacts prospects severely.
Capital Requirements Uncertainty Business plans require substantial capital; inability to secure new funding may force cessation of business operations.
Outlook
AI/ML Technology Focus Prioritizing development and commercialization of full-stack, closed-loop autonomy software like Palladyne IQ and SwarmOS.
Integrated Solution Strategy Leveraging acquired manufacturing and engineering services to offer comprehensive, vertically integrated defense solutions.
Licensing Revenue Expected Expecting recurring revenue streams from term-based licensing model for Palladyne IQ, with initial recognition in 2026.
Peer Comparison
Revenue (TTM)
$3.85B
$2.69B
$753.82M
Gross Margin (Latest Quarter)
261.4%
75.1%
67.8%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| FRGE | $623.01M | -9.6 | -29.8% | 1.8% |
| BAND | $497.81M | -38.9 | -3.4% | 62.6% |
| RXT | $475.00M | -2.1 | 19.6% | 117.3% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-1.0%
Flat Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
0%
Cash Flow Needs Attention
Deep Research
Next earnings:Mar 20, 2026
EPS:-$0.18
|Revenue:$809.00K
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data