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Palladyne AI Corp.

PDYNTechnologyNASDAQ

Software - Infrastructure · Last scanned Jun 2, 2026

PriceMA150MA200
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Financials · Annual
Revenue
$5.2M
-32.6% YoY
Net Income
$10.0M
+113.8% YoY
EBITDA
-$31.3M
-19.1% YoY
Free Cash Flow
-$17.8M

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About Palladyne AI Corp.

Headquartered within the technology sector, Palladyne AI Corp. focuses on Software - Infrastructure services and products. Palladyne AI Corp., a technology company, develops and offers embodied artificial intelligence software and collaborative autonomy solutions in the United States. With a market capitalization of $406.3M, it sits in small-cap territory. Its Artificial Intelligence (AI)/ Machine Learning (ML) Foundational Technology enables robots to observe, learn, reason, and act in unstructured.

Key stats
Market Cap$406.3M
Fwd P/E-12.11
EPS$-0.59
Beta3.51
52W Change+18.8%
ROE-51.6%
Analysis

With $43.7M in cash and $10.5M in debt, PDYN maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. Free cash flow is running at -$17.8M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. ROE of -51.6% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has pulled back from $14.6M (2022) to $5.2M (2025), a 64% decline worth watching.

Palladyne AI Corp.'s elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing PDYN.

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