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Palladyne AI Corp. income statement

In fiscal 2025, Palladyne AI Corp. reported revenue of $5.2m, down 32.6% on the year before, operating income of −$32.4m (a -617.7% margin) and net income of $10.0m, or $0.24 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Palladyne AI Corp.: income statement, annual
Fiscal year2020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue951568512
Cost of revenue64125338
Gross profit3131433
Research and development14183439101315
Selling and marketing371011456
General and administrative7586331171724
Operating income−21−81−177−121−27−32−43
Net interest income0−023122
Provision for credit losses———000—
Income before tax−21−82−161−116−738−33
Income tax00−400−3−3
Net income−21−82−157−116−7310−30
Diluted EPS−$1.26−$0.72−$6.42−$4.51−$2.71$0.24−$0.67
Diluted shares (average)17m19m24m26m27m42m45m
EBITDA−21−80−176−119−26−31−41

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Palladyne AI Corp.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Palladyne AI Corp.