Palladyne AI reported revenue of $5.78M and net income of -$12.33M for the quarter ended Jun 2026, up 469.8% year over year. This income statement covers 24 quarters of results from Sep 2020 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | ||||||||||||||||||||||||
| Revenue | 1.13M | 1.00M | 0.74M | 3.04M | 4.67M | 6.12M | 2.30M | 1.28M | 1.83M | 0.75M | 3.44M | 2.71M | 0.87M | 0.76M | 1.71M | 1.01M | 0.86M | 1.66M | 3.54M | 5.78M | ||||
| Cost of RevenueCost of Rev | 0.93M | 1.06M | 0.49M | 3.15M | 3.58M | 4.40M | 1.79M | 0.94M | 1.22M | 1.09M | 1.89M | 0.57M | 0.48M | 0.55M | 0.35M | 0.47M | 0.46M | 1.40M | 2.47M | 4.10M | ||||
| Gross Profit | 0.20M | -0.06M | 0.26M | -0.11M | 1.09M | 1.72M | 0.51M | 0.33M | 0.60M | -0.34M | 1.55M | 2.14M | 0.39M | 0.21M | 1.36M | 0.54M | 0.40M | 0.26M | 1.06M | 1.68M | ||||
| Operating items | ||||||||||||||||||||||||
| Amortization - Intangibles | 0.60M | 0.80M | 0.80M | 0.82M | 0.82M | 0.82M | 0.36M | 0.40M | 0.40M | |||||||||||||||
| Research & DevelopmentR&D | 4.53M | 6.12M | 5.88M | 7.57M | 10.50M | 10.20M | 9.40M | 11.71M | 10.01M | 7.89M | 2.90M | 2.35M | 2.58M | 2.61M | 2.87M | 3.12M | 3.15M | 3.76M | 3.90M | 4.33M | ||||
| Selling, General & AdministrativeSG&A | 33.86M | 18.96M | 17.79M | 18.15M | 14.65M | 12.90M | 9.73M | 8.25M | 7.56M | 5.91M | 5.12M | 4.29M | 3.96M | 3.46M | 4.20M | 4.18M | 4.14M | 4.68M | 6.88M | 8.14M | ||||
| Restructuring CostsRestructuring | 5.11M | 11.22M | 21.62M | 0.08M | -0.09M | -0.19M | ||||||||||||||||||
| Other Operating ExpensesOther Opex | 3.22M | 3.57M | 2.70M | 6.31M | 6.77M | 78.20M | 6.35M | 6.17M | 3.79M | 2.38M | 2.69M | 1.95M | 1.81M | 1.17M | 1.57M | 1.80M | 1.64M | 2.53M | 4.67M | 6.73M | ||||
| Operating ExpensesOpex | 41.62M | 28.65M | 26.37M | 32.02M | 31.92M | 101.30M | 25.48M | 31.24M | 32.58M | 37.80M | 10.79M | 8.50M | 8.17M | 7.25M | 8.64M | 9.11M | 8.93M | 10.97M | 15.46M | 19.20M | ||||
| Operating IncomeOp. Inc | -40.49M | -27.64M | -25.63M | -28.98M | -27.25M | -95.18M | -23.19M | -29.96M | -30.75M | -37.05M | -7.35M | -5.79M | -7.30M | -6.48M | -6.93M | -8.09M | -8.06M | -9.31M | -11.92M | -13.41M | ||||
| EBIT | -40.49M | -27.64M | -25.63M | -28.98M | -27.25M | -95.18M | -23.19M | -29.96M | -30.75M | -37.05M | -7.35M | -5.79M | -7.30M | -6.48M | -6.93M | -8.09M | -8.06M | -9.31M | -11.92M | -13.41M | ||||
| Non-operating items | ||||||||||||||||||||||||
| Non Operating Interest Expenses | ||||||||||||||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | 0.02M | 0.00M | -0.00M | -0.00M | 0.75M | 1.05M | -0.01M | 0.87M | 0.01M | 0.00M | 0.63M | 0.03M | 0.01M | |||||||||||
| Non Operating IncomeNon Op. Inc. | ||||||||||||||||||||||||
| Net income details | ||||||||||||||||||||||||
| EBT | -36.98M | -34.06M | -19.20M | -24.72M | -24.96M | -92.13M | -21.48M | -28.66M | -28.98M | -36.49M | -7.23M | -5.32M | -7.09M | -52.97M | 22.76M | -7.49M | -3.74M | -4.03M | -12.61M | -12.33M | ||||
| Tax ProvisionsTaxes | -1.61M | -2.50M | 0.21M | 0.00M | 0.00M | 0.00M | 0.00M | -2.54M | ||||||||||||||||
| Profit After TaxPAT | -36.98M | -34.06M | -19.20M | -23.12M | -22.46M | -92.34M | -21.48M | -28.66M | -28.98M | -36.49M | -7.23M | -5.32M | -7.10M | -52.97M | 22.76M | -7.49M | -3.74M | -1.49M | -12.61M | -12.33M | ||||
| Income from Non-Controlling InterestsInc. Minority | ||||||||||||||||||||||||
| Income from Continuing OperationsIncome (Continuing) | -36.98M | -34.06M | -19.20M | -23.12M | -22.46M | -92.34M | -21.48M | -28.66M | -28.98M | -36.49M | -7.23M | -5.32M | -7.10M | -52.97M | 22.76M | -7.49M | -3.74M | -1.49M | -12.61M | -12.33M | ||||
| Consolidated Net IncomeConsol Net Inc. | -36.98M | -34.06M | -19.20M | -23.12M | -22.46M | -92.34M | -21.48M | -28.66M | -28.98M | -36.49M | -7.23M | -5.32M | -7.10M | -52.97M | 22.76M | -7.49M | -3.74M | -1.49M | -12.61M | -12.33M | ||||
| Income towards Parent CompanyParent Net Inc | -36.98M | -34.06M | -19.20M | -23.12M | -22.46M | -92.34M | -21.48M | -28.66M | -28.98M | -36.49M | -7.23M | -5.32M | -7.10M | -52.97M | 22.76M | -7.49M | -3.74M | -1.49M | -12.61M | -12.33M | ||||
| Net Income towards Common StockholdersNet Income | -36.98M | -34.06M | -19.20M | -23.12M | -22.50M | -92.31M | -21.48M | -28.66M | -28.98M | -36.48M | -7.23M | -5.32M | -7.10M | -52.97M | 22.76M | -7.49M | -3.74M | -1.49M | -12.61M | -12.33M | ||||
| Additional items | ||||||||||||||||||||||||
| EPS (Basic) | -2.08 | -1.81 | -0.84 | -0.95 | -0.89 | -3.77 | -0.84 | -1.12 | -1.13 | -1.42 | -0.28 | -0.20 | -0.27 | -1.98 | 0.64 | -0.20 | -0.09 | -0.04 | -0.28 | -0.27 | ||||
| EPS (Diluted) | -2.08 | -1.81 | -0.84 | -0.95 | -0.89 | -3.77 | -0.84 | -1.12 | -1.13 | -1.42 | -0.28 | -0.20 | -0.27 | -1.98 | 0.55 | -0.20 | -0.09 | -0.04 | -0.28 | -0.27 | ||||
| Shares Outstanding | 17.77M | 18.86M | 22.99M | 24.38M | 25.16M | 24.47M | 25.47M | 25.51M | 25.71M | 25.64M | 25.88M | 26.62M | 26.18M | 26.77M | 35.35M | 37.75M | 40.49M | 38.84M | 45.07M | 45.99M | ||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 17.77M | 18.86M | 22.99M | 24.38M | 25.16M | 24.47M | 25.47M | 25.51M | 25.71M | 25.64M | 25.88M | 26.62M | 26.18M | 26.77M | 41.07M | 37.75M | 40.49M | 42.13M | 45.07M | 45.99M | ||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 17.77M | 24.02M | 23.17M | 25.37M | 25.77M | 25.71M | 25.71M | 25.84M | 25.85M | 25.88M | 26.55M | 26.77M | 26.86M | 26.77M | 35.71M | 40.37M | 42.04M | 46.12M | 47.24M | 49.14M | ||||
| EBITDA | -40.49M | -27.64M | -25.63M | -28.98M | -27.25M | -95.18M | -23.19M | -29.96M | -30.75M | -37.05M | -7.35M | -5.79M | -7.30M | -6.48M | -6.93M | -8.09M | -8.06M | -9.31M | -11.92M | -13.41M | ||||
| Interest ExpensesInt Expense | ||||||||||||||||||||||||
| Tax Rate | 6.50% | 10.01% | -0.23% | -0.01% | -0.01% | -0.04% | 0.00% | 62.96% |