Every 8-K 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 8-K covers material events a company has to report between its quarterly 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. reported second quarter 2026 revenue of $5.8 million, an increase of 470% year-over-year and 63% sequentially, driven by both acquisitions and organic growth. Backlog rose 43% during the quarter to $24.6 million, including approximately $13.0 million of new contract awards, and management reiterated full-year 2026 revenue guidance of $24.0–$27.0 million, implying 357%–415% growth over 2025.
Despite record revenue, profitability remained negative. The quarter showed an operating loss of ($13.4) million and GAAP net loss of ($12.3) million, or ($0.27) per share, while non-GAAP net loss was ($10.8) million, or ($0.23) per share. Cash, cash equivalents and marketable securities totaled $43.7 million as of June 30, 2026, roughly flat versus March 31, 2026, and the company reiterated expected 2026 operating cash burn of ($32.0)–($36.0) million.
Operationally, Palladyne AI highlighted an exclusive U.S. partnership with Israel Aerospace Industries for HARPY, HAROP and Mini HARPY loitering munitions with up to ten years of exclusivity and no upfront payment, new and expanded U.S. Army and Air Force contracts validating its SwarmOS, Gremlin-X and Palladyne IQ platforms, and participation in multiple Department of War exercises that it views as supporting future opportunities.
Palladyne AI Corp. reported preliminary second-quarter 2026 revenue of approximately $5.8M, reflecting around 480% growth from $1.0M a year earlier and about 66% sequential growth from $3.5M in first-quarter 2026.
Backlog reached roughly $24.0M as of June 30, 2026, up from $17.3M at the end of the prior quarter, driven by about $12.5M in new customer programs and contract awards. Management expects most of this backlog to convert to revenue over the next 12–18 months.
Cash, cash equivalents and marketable securities were about $44.0M as of June 30, 2026, described as roughly flat versus March 31, 2026. All figures are unaudited, based on initial analysis, and remain subject to normal closing procedures and potential adjustments.
Palladyne AI Corp. held its 2026 annual meeting, where 32,816,253 shares, about 69% of those entitled to vote, were represented, allowing business to proceed. Stockholders elected Class II director Dennis Weibling and ratified KPMG LLP as the independent auditor for the year ending December 31, 2026.
Investors approved an amendment and restatement of the 2021 Equity Incentive Plan to add 4,500,000 shares of common stock available for grants. They also approved restricted stock unit awards to senior executives covering 5,360,659 shares, which became fully effective and eligible for vesting upon this stockholder approval.
Palladyne AI Corp. has entered into a strategic memorandum of understanding with Israel Aerospace Industries (IAI), giving Palladyne AI exclusive rights to manufacture and market certain IAI loitering munition systems to the U.S. government. Initial systems include the HAROP, HARPY and Mini-HARPY, which are designed for suppression and destruction of enemy air defenses and long-range strike missions. Palladyne AI must establish and operate a U.S. assembly line at its own cost and will pay IAI a market‑rate royalty on system sales, with no upfront royalties. The cooperation can run for up to ten years if milestones are met, with options to extend, shift to non‑exclusive terms, or end the collaboration. IAI will provide a technology license and may supply key subsystems, while Palladyne AI adapts the systems to U.S. requirements and integrates them with its autonomy and manufacturing platform.
Palladyne AI reported strong top-line growth in its first quarter as a vertically integrated defense and industrial AI company. Revenue rose 107% year-over-year to $3.5 million, driven by activity across defense programs, commercial deployment and intellectual property development.
Backlog reached about $17 million as of March 31, 2026, including roughly $7 million in new contract awards. The company posted a GAAP net loss of $12.6 million (loss of $0.28 per share) and a non-GAAP net loss of $10.2 million, reflecting higher operating expenses after recent acquisitions and continued investment.
Management reiterated full-year 2026 revenue guidance of $24–$27 million, implying approximately 357%–415% growth over 2025, and expects revenue to be back-end weighted with sequential quarterly increases. Cash, cash equivalents and marketable securities totaled $43.7 million as of March 31, 2026, while first-quarter operating cash usage was about $10.2 million.
Palladyne AI Corp. reported mixed 2025 results alongside very aggressive 2026 growth targets. Full-year 2025 revenue fell 33% to $5.2 million, though fourth-quarter revenue more than doubled to $1.7 million, up 118% from the prior-year quarter.
The company posted 2025 GAAP net income of $10.0 million, driven largely by a $37.7 million gain on warrant liabilities, while non-GAAP net loss widened to $25.2 million. Year-end cash, cash equivalents and marketable securities totaled $47.0 million, with backlog at $13.5 million.
Management reiterated 2026 revenue guidance of $24–$27 million, implying about 357%–415% growth from 2025, supported by a contracted 12–18 month backlog of nearly $18.0 million as of mid-February 2026 and contributions from recent acquisitions and new defense and space programs.
Palladyne AI Corp. is reshaping its leadership by appointing long-time board member Matt Muta as President, Commercial and Industrial, effective March 2, 2026. He will lead commercial operations, including sales, partnerships, go-to-market strategy, and revenue initiatives focused on the Palladyne IQ embodied AI platform.
Muta will resign from the board of directors when his executive role begins, and his resignation is stated not to stem from any disagreement over operations, policies, or practices. The company describes this move as a shift toward stronger commercial execution and enterprise adoption of its poly-functional robotics and autonomy solutions.
Palladyne AI Corp. furnished an investor presentation as an exhibit and posted it on the investor relations section of its website. This presentation, referred to as the Investor Deck, is intended for use in future meetings with investors and other interested parties and contains forward-looking statements that are subject to risks and uncertainties described in the company’s SEC filings.
The company also highlighted that it regularly shares material information through SEC filings, conference calls, its main website, investor relations site, news site, and social media accounts on X and LinkedIn, encouraging stakeholders to follow these channels for updates.
Palladyne AI Corp. released preliminary, unaudited results for the year ended December 31, 2025. The company expects total revenue for 2025 to be between $5.0 million and $5.5 million. As of December 31, 2025, it estimates having approximately $47.0 million in cash, cash equivalents and marketable securities, and a contracted backlog of about $13.0 million.
The company defines backlog as the value of signed, fully funded or committed contracts and purchase orders, excluding unfunded options, and expects that the majority of this backlog will convert to revenue within the next 12 months. Management emphasizes that these figures are preliminary, subject to financial closing procedures and potential adjustments, and have not been audited or reviewed by the company’s independent registered public accounting firm.
Palladyne AI Corp. filed a current report describing that it has posted a new investor presentation on the investor relations section of its website, dated November 17, 2025. This investor deck, furnished as Exhibit 99.1, provides summary information about the company and includes forward-looking statements subject to risks described in its SEC filings. The company explains that it may use this presentation in future meetings with investors and others, and that it does not undertake to update the materials except as required by law. Palladyne AI also highlights that it shares material information through SEC filings, its main and investor relations websites, its news site, and social media channels such as X and LinkedIn.
Palladyne AI Corp. reported completing the acquisition of GuideTech, paying $20,000,000 in stock through 2,672,013 common shares plus $5,000,000 in cash, with GuideTech now a wholly owned subsidiary. The sellers can earn up to an additional $25,000,000 in cash or stock if specified revenue milestones are met through December 31, 2030, with any stock issuance capped at 19.9% of pre-transaction shares without stockholder approval. Palladyne also completed the smaller Crucis Acquisition, adding operating businesses that include certain debt and real estate.
The company issued 2,672,013 unregistered shares under a private placement exemption and must file a registration statement for stock issued in the merger within 90 days of closing. Separately, the board approved performance-based restricted stock unit awards over 5,360,659 shares for the CEO and key executives, with vesting tied to demanding stock price goals from $20.00 up to $65.00 sustained over 60 consecutive trading days and subject to future stockholder approval.
Palladyne AI Corp. (PDYN) reported that it issued a press release announcing its financial results for the quarter ended September 30, 2025. The release is furnished as Exhibit 99.1 to an 8-K under Item 2.02 and is not deemed “filed” for purposes of Section 18 of the Exchange Act.
Under Item 7.01, the company reiterated that it shares material updates through SEC filings, public calls, its website and investor site, press page, and social channels on X and LinkedIn. Common stock trades as PDYN and redeemable warrants as PDYNW on Nasdaq.
Palladyne AI Corp. reported that its board of directors appointed Stephen M. Twitty as a Class I director, effective September 22, 2025, with a term running until the company’s 2028 annual meeting. Twitty is President of Twitty and Associates LLC and has extensive leadership experience from senior roles in defense, technology, and strategic consulting, including service as a Lieutenant General in the U.S. Army and Deputy Commander of United States European Command.
He has served on multiple corporate boards and advisory roles and previously advised Palladyne AI from 2022 until his appointment as a director. The company states there are no special arrangements or related party transactions connected to his selection. Twitty will be compensated under Palladyne AI’s existing outside director compensation policy and will enter into the company’s standard indemnification agreement for directors.