Palladyne AI Corp.
TechnologyNASDAQ:PDYN · NASDAQ Global Market
-$0.46 today
Vol 2.12M · Avg 1.82M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$7.1M of revenue converted into -$25.3M of net income for the selected period. Gross margin is 36.3% and net margin is -404.7%, showing how much revenue survives after costs and taxes. EPS is $-0.61, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.2M -32.6% | $7.8M +26.7% | $6.1M -57.8% | $14.6M +187.1% | $5.1M | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $2.7M -22.9% | $3.5M -30.8% | $5.0M -56.6% | $11.6M +200.3% | $3.9M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $2.6M -40.5% | $4.3M +289.0% | $1.1M -62.6% | $3.0M +144.6% | $1.2M | $8.9B | $7.6B | $6.2B |
| Gross Margin | 48.7% -6.5pp | 55.2% +37.2pp | 18.0% -2.3pp | 20.3% -3.5pp | 23.8% | 9.8% | 28.9% | 38.3% |
| Research & Development | $12.9M +23.6% | $10.4M -73.2% | $39.0M +14.3% | $34.1M +94.9% | $17.5M | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $21.9M +4.6% | $21.0M -50.4% | $42.3M -42.4% | $73.4M +13.5% | $64.7M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $35.0M +12.0% | $31.2M -74.4% | $122.1M -32.2% | $180.0M +119.0% | $82.2M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $1.1M +32.4% | $825.0K -81.1% | $4.4M +21.8% | $3.6M +576.6% | $531.0K | $374.2M | $1.2B | $631.8M |
| EBITDA | $8.6M +132.7% | -$26.3M +66.6% | -$78.6M +23.8% | -$103.2M -27.5% | -$80.9M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 163.8% +501.5pp | -337.7% +941.8pp | -1279.5% -571.0pp | -708.4% +886.5pp | -1594.9% | 5.6% | 46.3% | 42.0% |
| Operating Income | -$32.4M -20.4% | -$26.9M +77.7% | -$121.0M +31.7% | -$177.0M -118.6% | -$81.0M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | -617.7% -271.9pp | -345.8% +1622.3pp | -1968.0% -752.9pp | -1215.2% +380.7pp | -1595.9% | 16.6% | 24.1% | 22.0% |
| Interest Income | $1.9M +56.3% | $1.2M -62.2% | $3.3M +79.9% | $1.8M | $0 | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $0 | $0 | $0 | $0 -100.0% | $34.0K | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | $39.9M +187.3% | -$45.7M -950.8% | $5.4M -66.5% | $16.0M +3203.9% | -$516.0K | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $7.5M +110.3% | -$72.6M +37.2% | -$115.6M +28.2% | -$161.0M -97.6% | -$81.5M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 143.0% +1075.6pp | -932.6% +948.1pp | -1880.7% -775.4pp | -1105.2% +500.8pp | -1606.0% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | -$2.5M -50860.0% | $5.0K -28.6% | $7.0K +100.2% | -$3.9M -389300.0% | $1.0K | $1.3B | -$1.6B | $745.2M |
| Net Income | $10.0M +113.8% | -$72.6M +37.2% | -$115.6M +26.4% | -$157.1M -92.8% | -$81.5M | $4.9B | $4.8B | $4.7B |
| Net Margin | 191.4% +1124.0pp | -932.7% +948.1pp | -1880.8% -802.3pp | -1078.5% +527.5pp | -1606.1% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $0 +109.4% | -$3 +38.6% | -$5 +29.8% | -$6 -48.6% | -$4 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $0 +108.7% | -$3 +38.6% | -$5 +29.8% | -$6 -48.6% | -$4 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $38.8M +45.1% | $26.8M +4.4% | $25.6M +4.8% | $24.5M +29.7% | $18.9M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $42.1M +57.3% | $26.8M +4.4% | $25.6M +4.8% | $24.5M +29.7% | $18.9M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
Rackspace Technology, Inc.
NASDAQ:RXT
$1.36B
Forge Global Holdings, Inc.
FRGE
$623.01M
Digi Power X Inc.
NASDAQ:DGXX
$454.44M
Lesaka Technologies, Inc.
NASDAQ:LSAK
$402.96M
Bakkt Holdings, Inc.
NYSE:BKKT
$376.08M
Repay Holdings Corporation
NASDAQ:RPAY
$296.85M
Gorilla Technology Group Inc.
NASDAQ:GRRR
$234.44M
MicroVision, Inc.
NASDAQ:MVIS
$120.14M
Rekor Systems, Inc.
NASDAQ:REKR
$95.43M
Veritone, Inc.
NASDAQ:VERI
$77.27M
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does PDYN generate?
Palladyne AI Corp. (PDYN) reported $5.25M of revenue in fiscal 2025.
Is PDYN profitable?
Palladyne AI Corp. (PDYN) reported $10.04M of net income, with a net margin of 191.4%.
Explore More
Continue the stock analysis
Jump to another research area for this company.