FY2025 · ended Dec 31, 2025 · Revenue $5.25M, -32.6% YoY · Filed Mar 5, 2026
Palladyne AI Corp. (PDYN) files with the SEC under industry code 7372, Services-Prepackaged Software. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $5.2 million and net income of $10.0 million. Free cash flow was -$28.4 million. As of Jun 30, 2026 it held $43.7 million in cash and investments and $10.6 million in total debt.
Revenue (TTM)
$11.84M
+171.8% vs year-ago TTM
Net income (TTM)
$-30.17M
+32.7% vs year-ago TTM
Operating cash flow (TTM)
$-35.20M
-56.9% vs year-ago TTM
Free cash flow (TTM)
$-36.70M
-62.5% vs year-ago TTM
EPS (TTM)
$-0.67
+49.9% vs year-ago TTM
Dividend per share
None
Shares outstanding
46.49M
+32.0% vs prior year
Net cash
$33.19M
as of Jun 30, 2026
Operating margin
-360.7%
FY 2026
Company profile
- Industry
- Services-Prepackaged Software (SIC 7372)
- Listed as
- PDYN (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Salt Lake City, UT
- SEC filer status
- Non-accelerated filer, Smaller reporting company, Emerging growth company
- SEC CIK
- 1826681
- Former names
- Sarcos Technology & Robotics Corp (until Mar 13, 2024); Sarcos Technology & Robotics Corporation. (until Sep 24, 2021); Rotor Acquisition Corp. (until Sep 16, 2021)
Other Services-Prepackaged Software companies
- Microsoft Corp MSFT
- Palantir Technologies Inc. PLTR
- Oracle Corp ORCL
- Sap SE SAP
- CrowdStrike Holdings, Inc. CRWD
- Shopify Inc. SHOP
- Salesforce, Inc. CRM
- ServiceNow, Inc. NOW
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $5.2M | $7.8M | $6.1M | $14.6M | $5.1M |
| Operating income | -$32.4M | -$26.9M | -$121.0M | -$177.0M | -$81.0M |
| Net income | $10.0M | -$72.6M | -$115.6M | -$157.1M | -$81.5M |
| Diluted EPS | $0.24 | -$2.71 | -$4.51 | -$6.42 | — |
| Operating cash flow | -$27.6M | -$22.6M | -$76.6M | -$65.4M | -$42.1M |
| Free cash flow | -$28.4M | -$22.9M | -$77.4M | -$66.9M | -$46.8M |
| Total assets | $95.7M | $56.3M | $60.4M | $167.6M | $235.8M |
| Total liabilities | $21.0M | $65.8M | $19.5M | $23.2M | $21.9M |
| Stockholders' equity | $74.7M | -$9.5M | $40.9M | — | $214.0M |
| Cash and investments | $47.1M | $40.1M | $39.1M | $114.5M | $217.1M |
| Total debt | $11.7M | $11.0M | $12.4M | $12.4M | — |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Aug 6, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Aug 6, 2026 | Aug 6, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure, Other events
|
Jul 8, 2026 | Jul 8, 2026 |
| 8-K |
Current report
Unregistered share sale, Officer or director change, Shareholder vote results
|
Jun 8, 2026 | Jun 8, 2026 |
| 8-K |
Current report
Regulation FD disclosure, Other events
|
Jun 8, 2026 | Jun 8, 2026 |
| 10-Q | Quarterly report | May 5, 2026 | Mar 31, 2026 |
All 599 Palladyne AI Corp. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.