Palladyne AI (PDYN) Research & Development (2020 - 2026)
Palladyne AI (PDYN) reported Research & Development of $3.9 million for Q1 2026, up 36.06% on a YoY basis from $2.9 million in Q1 2025, and up 3.91% quarter-over-quarter from $3.8 million in Q4 2025.
Palladyne AI (PDYN) Research & Development (2020 - 2026) Analysis & Trends
Palladyne AI has reported Research & Development for 7 years, with the latest figure at $3.9 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 36.06% year-over-year to $3.9 million; the trailing twelve-month figure through Mar 2026 stood at $13.9 million (up 33.83% YoY), and the FY2025 full-year result was $12.9 million, up 23.59% from the prior year.
- Research & Development for Q1 2026 stood at $3.9 million, up from $3.8 million in the prior quarter.
- The five-year high for Research & Development was $11.7 million in Q2 2023, with the low at $2.3 million in Q2 2024.
- Historically, Research & Development has averaged $5.9 million across 5 years, with a median of $3.9 million in 2026.
- Annual changes were most pronounced in 2022 — Research & Development soared 131.77% — and 2024, when it slumped 79.94%.
- Palladyne AI's Research & Development stood at $10.2 million in 2022, then dropped by 22.6% to $7.9 million in 2023, then slumped by 66.9% to $2.6 million in 2024, then surged by 43.87% to $3.8 million in 2025, then climbed by 3.91% to $3.9 million in 2026.
- The last three Research & Development figures came in at $3.9 million (Q1 2026), $3.8 million (Q4 2025), and $3.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 8.92 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 2.30 Mn |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 2.61 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 160.98 Mn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 511.00 Mn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 356.41 Mn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 214.00 Mn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 714.99 Mn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 150.97 Mn |
| 10 | Palladyne AI | 289.80 Mn | 246.13 Mn | 1.69 Mn | 3.91 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.91 Mn |
| Dec 31, 2025 | 3.76 Mn |
| Sep 30, 2025 | 3.15 Mn |
| Jun 30, 2025 | 3.13 Mn |
| Mar 31, 2025 | 2.87 Mn |
| Dec 31, 2024 | 2.61 Mn |
| Sep 30, 2024 | 2.58 Mn |
| Jun 30, 2024 | 2.35 Mn |
| Mar 31, 2024 | 2.90 Mn |
| Dec 31, 2023 | 7.89 Mn |
| Sep 30, 2023 | 10.01 Mn |
| Jun 30, 2023 | 11.71 Mn |
| Mar 31, 2023 | 9.40 Mn |
| Dec 31, 2022 | 10.20 Mn |
| Sep 30, 2022 | 10.50 Mn |
| Jun 30, 2022 | 7.57 Mn |
| Mar 31, 2022 | 5.88 Mn |
| Dec 31, 2021 | 6.12 Mn |
| Sep 30, 2021 | 4.53 Mn |
| Jun 30, 2021 | 4.05 Mn |