Palladyne AI (PDYN) Operating Expenses (2020 - 2026)
Palladyne AI (PDYN) posted quarterly Operating Expenses of $15.5 million for Q1 2026, up 1245.26% year-over-year from $1.1 million in Q1 2025, and down 54.71% on a QoQ basis from $34.1 million in Q4 2025.
Palladyne AI (PDYN) Operating Expenses (2020 - 2026) Analysis & Trends
Palladyne AI (PDYN) has reported Operating Expenses for 7 consecutive years, with $15.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 1245.26% year-over-year to $15.5 million; the TTM figure through Mar 2026 stood at $59.8 million (up 22.14% YoY), while the FY2025 annual figure was $37.6 million, up 8.47% from the prior year.
- Operating Expenses came in at $15.5 million for Q1 2026 at Palladyne AI, down from $34.1 million in the prior quarter.
- The five-year high for Operating Expenses was $101.3 million in Q4 2022, with the low at $1.1 million in Q1 2025.
- Average Operating Expenses over 5 years is $25.3 million, with a median of $26.4 million recorded in 2022.
- Across the five-year window, Operating Expenses slumped 91.76% in 2024 and soared 1245.26% in 2026, its largest moves.
- Year by year, Operating Expenses stood at $101.3 million in 2022, then sank by 62.68% to $37.8 million in 2023, then slipped by 17.56% to $31.2 million in 2024, then rose by 9.51% to $34.1 million in 2025, then sank by 54.71% to $15.5 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $15.5 million, $34.1 million, and $8.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 10.85 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 13.05 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 662.79 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 1.51 Bn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 979.89 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 905.10 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 517.59 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 1.57 Bn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 3.08 Bn |
| 10 | Palladyne AI | 30,250.00 | -43.65 Mn | 1.69 Mn | 15.46 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.46 Mn |
| Dec 31, 2025 | 34.13 Mn |
| Sep 30, 2025 | 8.93 Mn |
| Jun 30, 2025 | 1.32 Mn |
| Mar 31, 2025 | 1.15 Mn |
| Dec 31, 2024 | 31.16 Mn |
| Sep 30, 2024 | 8.17 Mn |
| Jun 30, 2024 | 8.50 Mn |
| Mar 31, 2024 | 2.10 Mn |
| Dec 31, 2023 | 37.80 Mn |
| Sep 30, 2023 | 32.58 Mn |
| Jun 30, 2023 | 31.24 Mn |
| Mar 31, 2023 | 25.48 Mn |
| Dec 31, 2022 | 101.30 Mn |
| Sep 30, 2022 | 31.92 Mn |
| Jun 30, 2022 | 32.02 Mn |
| Mar 31, 2022 | 26.37 Mn |
| Dec 31, 2021 | 28.65 Mn |
| Sep 30, 2021 | 41.62 Mn |
| Jun 30, 2021 | 8.81 Mn |