Palladyne AI (PDYN) Operating Expenses (2020 - 2026)

Palladyne AI has reported Operating Expenses for 7 years, with the latest figure at $15.5 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 1245.26% year-over-year to $15.5 million; the trailing twelve-month figure through Mar 2026 stood at $59.8 million (up 22.14% YoY), and the FY2025 full-year result was $37.6 million, up 8.47% from the prior year.
• Operating Expenses for Q1 2026 stood at $15.5 million, 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.
• Historically, Operating Expenses has averaged $25.3 million across 5 years, with a median of $26.4 million in 2022.
• Annual changes were most pronounced in 2024 — Operating Expenses sank 91.76% — and 2026, when it soared 1245.26%.
• Palladyne AI's Operating Expenses stood at $101.3 million in 2022, then tumbled by 62.68% to $37.8 million in 2023, then declined by 17.56% to $31.2 million in 2024, then advanced by 9.51% to $34.1 million in 2025, then tumbled by 54.71% to $15.5 million in 2026.
• The last three Operating Expenses figures came in at $15.5 million (Q1 2026), $34.1 million (Q4 2025), and $8.9 million (Q3 2025), per Business Quant data.