Q2 FY2026 · ended Jun 30, 2026 · Revenue $5.78M, +469.8% YoY · Filed Aug 6, 2026
Palladyne AI Corp. (PDYN) files with the SEC under industry code 7372, Services-Prepackaged Software. In Q2 of fiscal 2026, the quarter ended Jun 30, 2026, it reported revenue of $5.8 million and a net loss of $12.3 million. Free cash flow was -$11.0 million. As of Jun 30, 2026 it held $43.7 million in cash and investments and $10.6 million in total debt.
Revenue
$5.78M
+469.8% vs year-ago quarter
Net income
$-12.33M
-64.6% vs year-ago quarter
Operating cash flow
$-10.16M
-90.8% vs year-ago quarter
Free cash flow
$-11.02M
-107.0% vs year-ago quarter
EPS
$-0.27
-35.0% vs year-ago quarter
Dividend per share
None
Shares outstanding
49.34M
+17.6% vs year-ago quarter
Net cash
$33.19M
Q2 FY2026
Operating margin
-360.7%
TTM
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; switch to Annual for the full-year view. Balance sheet lines are as of each year end.
| Line | Q2 FY2026 Jun 30, 2026 |
Q1 FY2026 Mar 31, 2026 |
Q4 FY2025 Dec 31, 2025 |
Q3 FY2025 Sep 30, 2025 |
Q2 FY2025 Jun 30, 2025 |
|---|---|---|---|---|---|
| Revenue | $5.8M | $3.5M | $1.7M | $860,000 | $1.0M |
| Operating income | -$13.4M | -$11.9M | -$9.3M | -$8.1M | -$8.1M |
| Net income | -$12.3M | -$12.6M | -$1.5M | -$3.7M | -$7.5M |
| Diluted EPS | -$0.27 | -$0.28 | -$0.03 | -$0.09 | -$0.20 |
| Operating cash flow | -$10.2M | -$10.2M | -$8.5M | -$6.3M | -$5.3M |
| Free cash flow | -$11.0M | -$10.3M | -$8.7M | -$6.7M | -$5.3M |
| Total assets | $94.4M | $92.6M | $95.7M | $72.9M | $78.3M |
| Total liabilities | $23.6M | $22.6M | $21.0M | $21.1M | $24.5M |
| Stockholders' equity | $70.8M | $69.9M | $74.7M | $51.8M | $53.8M |
| Cash and investments | $43.7M | $43.7M | $47.1M | $57.1M | $62.7M |
| Total debt | $10.6M | $10.5M | $11.7M | $10.2M | $10.4M |
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.