Palladyne AI (PDYNW) Operating Expenses (2020 - 2026)
Palladyne AI posted quarterly Operating Expenses of $15.5 million for Q1 2026, up 1245.26% year-on-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 (PDYNW) has 7 years of Operating Expenses data on file, last reported 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.
- Across five years, Operating Expenses topped out at $101.3 million in Q4 2022 and bottomed at $1.1 million in Q1 2025.
- The 5-year median for Operating Expenses is $26.4 million (2022), against an average of $25.3 million.
- The widest annual swing landed in 2024, when Operating Expenses tumbled 91.76%; it then soared 1245.26% in 2026.
- A 5-year view of Operating Expenses shows it stood at $101.3 million in 2022, then slumped by 62.68% to $37.8 million in 2023, then fell by 17.56% to $31.2 million in 2024, then climbed by 9.51% to $34.1 million in 2025, then slumped 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,425.08 Bn | 3,346.81 Bn | 56.06 Bn | 10.85 Bn |
| 2 | Oracle | 712.03 Bn | 673.46 Bn | 15.14 Bn | 11.73 Bn |
| 3 | Palantir Technologies | 384.58 Bn | 376.66 Bn | 1.42 Bn | 662.79 Mn |
| 4 | Palo Alto Networks | 208.80 Bn | 204.26 Bn | 1.91 Bn | 1.51 Bn |
| 5 | CrowdStrike Holdings | 195.63 Bn | 192.58 Bn | 993.68 Mn | 979.89 Mn |
| 6 | Fortinet | 108.69 Bn | 105.40 Bn | 1.49 Bn | 905.10 Mn |
| 7 | Cloudflare | 95.27 Bn | 94.32 Bn | 455.60 Mn | 517.59 Mn |
| 8 | Synopsys | 93.41 Bn | 93.30 Bn | 1.77 Bn | 1.57 Bn |
| 9 | CoreWeave | 65.84 Bn | 63.57 Bn | 2.01 Bn | 2.22 Bn |
| 10 | Palladyne AI | - | - | 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 |
| Mar 31, 2021 | 6.99 Mn |
| Dec 31, 2020 | 7.29 Mn |
| Sep 30, 2020 | 8.40 Mn |