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Companies / Information Technology / Palladyne AI Corp.
PDYN

Palladyne AI Corp.

Information TechnologyPrepackaged Software
Ticker PDYNSALT LAKE CITY, UTFiscal year ends DecemberBook value per share $1.56Diluted shares 45.5M

Palladyne AI Corp. (Nasdaq: PDYN) develops embodied artificial intelligence software and collaborative autonomy solutions, avionics, unmanned aerial vehicles (UAVs), engineering services and precision-manufactured components for defense, public safety and commercial and industrial customers. Its software products… From the company’s description.

Over the twelve months to Jun 30, 2026, Palladyne AI Corp. reported revenue of $11.84M, up 171.8% from a year earlier, and a net loss of $30.17M. Its operating margin was −360.7%, and operations used $35.20M in cash. In fiscal 2025, it reported revenue of $5.25M, down 32.6% from fiscal 2024, and net income of $10.04M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$5.25MFY2025
−32.6% year over year
Last 12 mo $11.84M
-617.69%FY2025
−271.9 percentage points
Last 12 mo -360.67%
$10.04MFY2025
+113.8% year over year
Last 12 mo $-30.17M
13.44%FY2025
−750.3 percentage points
Last 12 mo -42.58%
Cash & financing
$-27.64MFY2025
−22.1% year over year
Last 12 mo $-35.20M
$-28.35MFY2025
−23.8% year over year
Last 12 mo $-36.70M
—
42.1MFY2025
+57.3% year over year
Last 12 mo 45.5M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Palladyne AI Corp. does

In the company’s own words

Palladyne AI Corp. (Nasdaq: PDYN) develops embodied artificial intelligence software and collaborative autonomy solutions, avionics, unmanned aerial vehicles (UAVs), engineering services and precision-manufactured components for defense, public safety and commercial and industrial customers. Its software products include Palladyne IQ, which enables industrial robots and collaborative robots to adapt to changing tasks and environments; SwarmOS, which coordinates autonomous unmanned platforms; and Pilot, a version of SwarmOS for public safety and commercial use. Other offerings include BRAIN avionics, IntelliSwarm, the Gremlin-X and SwarmStrike UAV platforms, aerospace engineering services, and machining, fabrication and assembly. The company serves U.S. defense prime contractors, the U.S. government and commercial businesses, with applications including manufacturing, logistics, surveillance, infrastructure monitoring and inspection. It combines software and hardware development with engineering and manufacturing capabilities through businesses including GuideTech, Warnke Precision Machining and MKR Fabricators, acquired to expand its vertically integrated offerings. Palladyne AI had approximately 161 full- and part-time employees as of February 3, 2026. Its website is https://www.palladyneai.com/.

Company details
Sector
Information Technology
Industry (SIC)
Prepackaged Software
Headquarters
SALT LAKE CITY, UT
Fiscal year end
December
CIK
1826681
SIC
7372

Financial performance, year by year

Fiscal 2021–2025 · USD
$-174.30M$-122.79M$-71.28M$-19.77M$31.74M20212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Palladyne AI Corp. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

101
funds hold it
0 of 35
superinvestors hold it
$32.49M
held by funds, at market
10.4%
of shares held by funds

Largest fund holders · Palladyne AI Corp.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Themes Humanoid Robotics ETF
BOTT · Themes ETF Trust
3.95%of fund net assets
Fidelity Small Cap Index Fund
FSSNX · Fidelity Salem Street Trust
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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