Palladyne AI Corp. Income Statement
PDYN|5 years of annual SEC 10-K data (FY2021-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 5 fiscal years. All figures from audited SEC 10-K filings.
Palladyne AI Corp. reported $8M in revenue and $73M in net loss for FY2025. Revenue has declined at a 3.1% compound annual rate over the past 4 years.
Based on SEC 10-K filings.
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score -0.48 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $7.8M | $6.1M | $14.6M | $5.1M | $8.8M |
| Cost of Revenue | $3.5M | $5.0M | $11.6M | $3.9M | $5.6M |
| SG&A Expense | $16.8M | $31.5M | $63.5M | $58.1M | $7.3M |
| R&D Expense | $10.4M | $39.0M | $34.1M | $17.5M | $14.1M |
| Operating Income | -$26.9M | -$121.0M | -$177.0M | -$81.0M | -$21.0M |
| Interest Expense | $1.2M | $3.3M | $1.8M | -$34.0K | $40.0K |
| Income Tax | $5.0K | $7.0K | -$3.9M | $1.0K | $1.0K |
| Net Income | -$72.6M | -$115.6M | -$157.1M | -$81.5M | -$20.9M |
| EPS (Basic) | -$2.71 | -$4.51 | -$6.42 | -$0.72 | - |
| EPS (Diluted) | -$2.71 | -$4.51 | -$6.42 | -$0.72 | -$0.21 |
| Shares Outstanding | 33.9M | 25.9M | 25.7M | 21.5M | 104.0M |
| Operating Margin | -345.8% | -1968.0% | -1215.2% | -1595.9% | -238.3% |
| Profit Margin | -932.7% | -1880.8% | -1078.5% | -1606.1% | -237.4% |