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Companies/Palladyne AI Corp.
Company profile

Palladyne AI Corp.

NASDAQ: PDYN · Technology · Software - Infrastructure
PublicHQ Salt Lake City, UT · Salt LakeCIK 0001826681Reports USD
#677 of 1,109 Technology companies by revenuebottom-quartile growth
EA Score
46D
FH 59DQ 41GM 20SS 42
v0.1 · 65/100 weight · provisional
↑ net margin, return on assets · ↓ Piotroski F, 3-yr revenue growth
Methodology →
Revenue TTM
$7.1M
Rev growth YoY (TTM)
+16.8%
Net income (FY)
$10.0M
Employees
71
Market cap
$226.9M
OverviewFinancialsSegmentsFilingsESGPeople & Places

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$5.2M$5.2M2025
Net income$10.0M$10.0M2025
Operating income-$32.4M-$32.4M2025
Total assets$95.7M$95.7M2025
Liabilities$21.0M$21.0M2025
Equity$74.7M$74.7M2025

Revenue trend

FY2021 – FY2025 · USD
$8.8M
FY21
$5.1M
FY21
$14.6M
FY22
$6.1M
FY23
$7.8M
FY24
$5.2M
FY25

Revenue by segment

Filed disclosures · FY2025
By product
Product Revenue100%
By geography

Not disclosed.

The read

Palladyne AI Corp. booked $5.2M in FY2025 revenue, contracting 33% year over year — slower than 84% of Technology companies we track, at a 191.4% net margin.

Peers · Technology
Immersion Corporation59CVecima Networks Inc.58CSmartRent, Inc.48DAstroNova, Inc.67B
Neighbors
Salt Lake →
Extra Space Storage Inc.$129.5M66BZions Bancorporation, National Association$529.0M57CHealthEquity, Inc.$1.3B82B+Merit Medical Systems, Inc.$1.5B83B+Rest Ez Inc.$0——PROG Holdings, Inc.$2.4B72B
Key facts
CEOBenjamin G. Wolff
SectorTechnology
IndustrySoftware - Infrastructure
HeadquartersSalt Lake City, UT
ExchangeNASDAQ: PDYN
Employees71
IPO date2021-09-27
Latest filings
8-K2026-07-088-K2026-06-088-K2026-06-0810-Q2026-05-058-K2026-05-05DEF 14A2026-04-228-K2026-03-0510-K2026-03-05
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.
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