Palladyne Ai Corp. (PDYN)
NASDAQ:PDYN
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Earnings Data
Report Date
Aug 12, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.24Last Year’s EPS
-0.2Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong technical validation, rapid revenue growth (107% YoY) and meaningful bookings/backlog expansion, supported by high-profile demonstrations, partnerships, space engagements, IP filings and reiterated aggressive 2026 guidance (implying ~357%–415% growth). At the same time, near-term financials reflect operating losses, margin compression from low manufacturing utilization and first-article costs, elevated operating cash usage (Q1 cash burn ~$10.2M) and some timing uncertainty due to the government shutdown and pending integrations. Overall, the operational and market progress materially outweighs short-term financial headwinds, signaling constructive momentum but with execution and scaling risks to monitor.Company Guidance
Strong Revenue Growth
Revenue increased 107% year-over-year to $3.5 million in Q1 2026 (from $1.7M), driven by inclusion of post-acquisition revenues and backlog conversion.
Backlog Expansion and Bookings
Backlog rose from $13.5 million at the start of Q1 to approximately $17 million at quarter end; the company added roughly $7 million in new contract awards net of recognized revenue during the quarter.
Reiterated Aggressive Full-Year Guidance
Management reiterated 2026 revenue guidance of $24M to $27M, implying ~357% to ~415% growth vs. 2025, and expects sequential quarterly revenue growth with acceleration in H2.
Operational Milestone — Heterogeneous Autonomous Swarming Demo
Demonstrated true heterogeneous autonomous swarming (Gremlin-X plus multiple Red Cat platforms) with decentralized, real-time collaborative autonomy (no centralized script), a key technical and go-to-market differentiator.
Product and Order Traction
Progressed BRAIN flight computer variants (including FC1); received a $500,000 initial order for BRAIN X2 and secured a contract expected to contribute nearly $1M in revenue for a mission-critical propulsion subsystem.
Commercial and Channel Momentum
Active deployment of IQ 2.0 with first commercial customer (land-and-expand use case for surface treatment), and established an indirect channel via a systems integrator to scale commercial sales.
Strategic Partnerships and Government Engagements
Expanded Draganfly partnership (lab simulation; live flight tests planned), secured AFRL HANGTIME integration for space-based sensor grid, contract with Portal Space Systems for maneuverable spacecraft support, and invited to Northern Strike and AFRL Relentless Wolfpack Industry Day (selected among 14 companies).
IP & Product Development Progress
Received a patent supporting advanced swarming/decentralized autonomy and filed two additional patent applications; continued investment in Gremlin-X and SwarmStrike (initial SwarmStrike flight test completed) and published two white papers to clarify DECA and swarming taxonomy.
Liquidity Position and Capital Activity
Liquidity of $43.7 million as of March 31, 2026; raised approximately $6.5 million net via ATM (~890,000 shares sold at ~$7.35 average), and minimal CapEx in the quarter while investing in inventory and first-article production.
PDYN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PDYN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $6.52 | $6.14 | -5.83% |
Mar 05, 2026 | $7.43 | $9.96 | +34.05% |
Nov 12, 2025 | $6.81 | $6.77 | -0.59% |
Aug 06, 2025 | $8.23 | $7.23 | -12.15% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Palladyne Ai Corp. (PDYN) report earnings?
Palladyne Ai Corp. (PDYN) is schdueled to report earning on Aug 12, 2026, After Close (Confirmed).
What is Palladyne Ai Corp. (PDYN) earnings time?
Palladyne Ai Corp. (PDYN) earnings time is at Aug 12, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What is PDYN EPS forecast?
PDYN EPS forecast for the fiscal quarter 2026 (Q2) is -0.24.