Palladyne AI (PDYN) Operating Expenses (2020 - 2026)
Palladyne AI's (PDYN) quarterly Operating Expenses came in at $1.3 million in Q1 2026, up 13.84% year-on-year from $1.1 million in Q1 2025, and down 88.08% quarter-over-quarter from $11.0 million in Q4 2025.
Palladyne AI (PDYN) Operating Expenses (2020 - 2026) Analysis & Trends
Palladyne AI's Operating Expenses history runs 7 years deep, the most recent figure standing at $1.3 million for Q1 2026.
- On a quarterly basis, Operating Expenses rose 13.84% year-over-year to $1.3 million in Q1 2026; TTM through Mar 2026 was $14.7 million, a 382.21% increase from a year earlier, with the FY2025 full-year figure at $37.6 million, up 745.88% from the prior year.
- Operating Expenses declined to $1.3 million in Q1 2026 per PDYN's latest filing, from $11.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $101.3 million in Q4 2022 and bottomed at -$23.0 million in Q4 2024.
- The 5-year median for Operating Expenses is $11.0 million (2025), against an average of $19.9 million.
- Across the five-year window, Operating Expenses jumped 277.44% in 2022 and slumped 160.88% in 2024, its largest moves.
- Year by year, Operating Expenses stood at $101.3 million in 2022, then slumped by 62.68% to $37.8 million in 2023, then slumped by 160.88% to -$23.0 million in 2024, then jumped by 147.69% to $11.0 million in 2025, then slumped by 88.08% to $1.3 million in 2026.
- Per Business Quant, the three latest PDYN Operating Expenses figures stand at $1.3 million (Q1 2026), $11.0 million (Q4 2025), and $1.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 8.75 Bn |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | -363.49 Mn |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | 13.05 Bn |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 662.79 Mn |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 1.51 Bn |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | 979.89 Mn |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 905.10 Mn |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | 517.59 Mn |
| 10 | Palladyne AI | 226.03 Mn | 182.35 Mn | 1.07 Mn | 1.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.31 Mn |
| Dec 31, 2025 | 10.98 Mn |
| Sep 30, 2025 | 1.06 Mn |
| Jun 30, 2025 | 1.32 Mn |
| Mar 31, 2025 | 1.15 Mn |
| Dec 31, 2024 | -23.01 Mn |
| Sep 30, 2024 | 8.17 Mn |
| Jun 30, 2024 | 8.50 Mn |
| Mar 31, 2024 | 10.79 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 |