Palladyne AI Corp.PDYN
What Palladyne AI Corp. does.
The following discussion should be read in conjunction with the information about us contained elsewhere in this Report, including the information set forth in our consolidated financial statements and the related notes. Some of the information contained in this section or set forth elsewhere in this Report, including information with respect to our plans and strategy for our business, includes forward-looking statements that involve risks and uncertainties. You should read Part I Item 1A Risk Factors and the section titled "Special Note Regarding Forward-Looking Statements" for a discussion of important factors that could cause actual results to differ materially from the results described in or implied by the forward-looking statements contained in the following discussion and throughout this Report. We use the terms "Palladyne AI," "the Company," "we," "us," and "our" to refer to Palladyne AI Corp.
We are a U.S.-based technology company developing and offering embodied artificial intelligence ("AI") software and collaborative autonomy solutions, advanced avionics, unmanned aerial vehicles ("UAVs"), advanced UAV engineering services and precision-manufactured components for defense and commercial/industrial markets. Our core AI software offerings, Palladyne IQ, SwarmOS and Palladyne Pilot, consist of full-stack, closed-loop autonomy software that is intended to enhance the functionality and operational effectiveness of third-party robotic systems across a range of applications. These products are designed to be hardware agnostic, enabling integration across a wide range of robotic platforms, whether third-party or our own proprietary platforms, including industrial robots, collaborative robots ("cobots"), UAVs, unmanned ground vehicles ("UGVs"), and remotely operated vehicles ("ROVs") across multiple domains.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $8.8M | $5.1M | $14.6M | $6.1M | $7.8M | $5.2M |
| Net income | -$20.9M | -$81.5M | -$157.1M | -$115.6M | -$72.6M | $10.0M |
| Free cash flow | -$17.8M | -$46.8M | -$66.9M | -$77.4M | -$22.9M | -$28.4M |
More on PDYN.
- Palladyne AI Corp. summary
- Palladyne AI Corp. financial statements
- Palladyne AI Corp. key metrics
- Palladyne AI Corp. health scores and style box
- Palladyne AI Corp. earnings
- Palladyne AI Corp. dividends
- Palladyne AI Corp. valuation
- Palladyne AI Corp. ownership and insiders
- Palladyne AI Corp. peers
Figures from Palladyne AI Corp.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.