Earnings ·
Palladyne AI reports Q3 revenue of $8.6M, raises full-year guidance to $25-$27M
PDYNWPalladyne AI Corp.
Palladyne AI reported record third-quarter 2026 revenue of $8.6 million, an increase of 895% year-over-year and 48% sequentially. The company raised the low end of its full-year 2026 revenue guidance to $25 million while reiterating the top end at $27 million, representing expected growth of 377% to 415% compared to 2025. GAAP net loss was $12.0 million, or $0.25 per share, driven by higher stock-based compensation and R&D costs. Cash, cash equivalents, and marketable securities totaled $47.0 million as of September 30, 2026. Palladyne AI is a U.S.-based technology company providing intelligent autonomy software and mission-critical components to the defense and advanced manufacturing sectors.