Every 10-Q that Palladyne AI Corp. (PDYN) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow PDYN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PDYN filings page.
Palladyne AI Corp., a U.S. developer of embodied AI software, UAVs and precision aerospace components, reported strong top-line growth but continued losses for the quarter ended June 30, 2026. Revenue was $5,783 thousand, compared with $1,015 thousand a year earlier, and six‑month revenue reached $9,321 thousand versus $2,725 thousand.
Operating expenses rose to $19,196 thousand in the quarter, producing a loss from operations of $13,413 thousand and a six‑month net loss of $24,934 thousand. Cash, cash equivalents and marketable securities totaled $43.7 million with working capital of $43.8 million, and management states these resources are sufficient for at least 12 months. The company reports backlog of $24.6 million, expected to be recognized largely over the next 12–18 months, and continues integrating its 2025 acquisitions to expand avionics, engineering and manufacturing capabilities.
Palladyne AI Corp. reported sharply higher revenue but a swing back to loss for the quarter ended March 31, 2026. Revenue reached $3.5 million, up from $1.7 million a year earlier, driven by new product and engineering services revenue, including precision machining from its 2025 acquisitions.
The company posted a net loss of $12.6 million versus net income of $22.8 million in the prior-year period, when results benefited from a large non‑cash gain on warrant liabilities. Operating expenses more than doubled to $15.5 million as Palladyne invested in research and development, sales, and integration of acquired businesses.
Cash, cash equivalents and marketable securities totaled $43.7 million, with operating cash outflow of $10.2 million for the quarter. Management notes an accumulated deficit of about $493.4 million but believes existing resources are sufficient for at least the next 12 months while it pursues commercialization of its embodied AI, avionics and UAV offerings.
Palladyne AI Corp. (PDYN) filed its Q3 2025 report, showing modest quarterly revenue and continued operating investment. Q3 revenue was $860k, nearly flat year over year, while loss from operations was $8.1M and net loss was $3.7M. For the nine months, revenue was $3.6M versus $7.0M a year ago, reflecting lower legacy product sales; net income of $11.5M was driven by a $33.1M non‑cash gain from lower warrant liabilities.
Cash, cash equivalents and marketable securities totaled $57.1M as of September 30, 2025, with operating cash outflows of $19.1M year to date. Backlog was $0.8M, expected to be recognized mostly within 12 months. Warrant liabilities declined to $7.4M from $51.4M at year‑end, and stockholders’ equity improved to $51.8M from a $(9.5)M deficit. Working capital was $56.0M, and the company states it has sufficient financial resources for at least the next 12 months.
Shares outstanding were 42,036,294 at September 30, 2025, and 42,037,410 as of October 28, 2025. Revenue continues to be primarily from product development contracts; the company has not yet generated product revenue from its Palladyne IQ and Palladyne Pilot software products.