Growth Metrics

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

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DateValue
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