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Palladyne AI Corp (PDYN)
NASDAQ:PDYN
Earnings Data
Report Date
May 13, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.12Last Year’s EPS
0.55Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a mix of encouraging commercial and defense progress (reiterated 2026 revenue guidance of $24M–$27M, backlog growth to ~$18M, Q4 revenue +118%, first commercial IQ customer, new contracts/MOUs, patent activity, and $47M cash balance) alongside notable near-term financial and execution challenges (substantial operating losses and cash burn, rising operating expenses from acquisitions, remaining integration and certification work, and long sales cycles for large defense contracts). Management provided a clear roadmap and emphasized the transformational impact of November acquisitions, but withheld granular margin and segment breakdowns. Overall, the call balances strong strategic momentum and tangible wins with material near-term financial consumption and execution risk.Company Guidance
2026 Revenue Guidance Reiterated
Management reiterated full-year 2026 revenue guidance of $24.0M to $27.0M — described as roughly 4x–5x 2025 revenue — signaling strong expected top-line acceleration from the transformed company.
Backlog Increased Meaningfully
Backlog rose from approximately $13.5M at 12/31/2025 to nearly $18M mid‑Q1 2026, an increase of roughly 33%, reflecting new contract wins and early traction post-acquisition.
Quarterly Revenue Surge (Q4 2025)
Q4 2025 revenue was $1.7M, up 118% year-over-year from $0.8M, driven in part by ~6 weeks of contribution from mid‑November acquisitions.
Strong Liquidity Position
Cash, cash equivalents, and marketable securities totaled approximately $47M as of 12/31/2025, providing runway to execute 2026 plans and fund near-term investments.
Strategic Acquisitions and Vertical Integration
Completed acquisitions of GuideTech, Warnkee Precision Machining, and MKR Fabricators (mid‑November) and launched Palladyne Defense, adding avionics design, proprietary UAV/missile systems, precision components, and certified U.S. manufacturing to the platform — enabling a vertically integrated industrial + defense model.
Product and Technology Milestones
Released IQ 2.0 (Jan 2026) and signed first commercial IQ customer; introduced IntelliSwarm and SwarmOS with demonstrations of autonomous coordinated swarming (Gremlin X + Red Cat drones); published white paper describing biologically inspired edge autonomy; new patent issuance and four patent applications submitted.
Defense and Commercial Wins
Secured a missile propulsion subsystem contract from a major defense prime; signed MOUs with Red Cat and Draganfly; expanded space-related work with Portal Space Systems — demonstrating cross-domain (air/space) market engagement.
Clear Roadmap and Staged Growth Plan
Management articulated a 'crawl, walk, run' roadmap: 2026 (crawl) to prove integrated model and convert backlog to revenue; 2027 (walk) to achieve repeatability across product lines; longer-term (run) to scale across air, space, land, and sea.
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 |
|---|---|---|---|
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% |
May 07, 2025 | $5.85 | $5.68 | -2.91% |
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 May 13, 2026, Before Open (Confirmed).
What is Palladyne AI Corp (PDYN) earnings time?
Palladyne AI Corp (PDYN) earnings time is at May 13, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PDYN EPS forecast?
PDYN EPS forecast for the fiscal quarter 2026 (Q1) is -0.12.