Palladyne AI Corp.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.8M | $3.5M | $1.7M | $860.0K | $1.0M | $1.7M | $761.0K | $871.0K |
| Cost of Revenue | $4.1M | $2.5M | $1.4M | $461.0K | $474.0K | $353.0K | $554.0K | $479.0K |
| Gross Profit | $1.7M | $1.1M | $259.0K | $399.0K | $541.0K | $1.4M | $207.0K | $392.0K |
| Gross Margin | 29.1% | 30.1% | 15.6% | 46.4% | 53.3% | 79.4% | 27.2% | 45.0% |
| Operating Expenses | ||||||||
| Research & Development | $4.3M | $3.9M | $3.8M | $3.1M | $3.1M | $2.9M | $2.6M | $2.6M |
| SG&A Expense | $8.1M | $6.9M | $4.7M | $4.1M | $4.2M | $4.2M | $3.5M | $4.0M |
| Operating Income | $-13.4M | $-11.9M | $-9.3M | $-8.1M | $-8.1M | $-6.9M | $-6.5M | $-7.3M |
| Operating Margin | -231.9% | -336.9% | -560.7% | -937.8% | -797.4% | -405.3% | -852.0% | -838.0% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-12.3M | $-12.6M | $-4.0M | $-3.7M | $-7.5M | $22.8M | $-53.0M | $-7.1M |
| Income Tax Expense | $0 | $0 | $-2.5M | $0 | $0 | $0 | $2.0K | $3.0K |
| Net Income | $-12.3M | $-12.6M | $-1.5M | $-3.7M | $-7.5M | $22.8M | $-53.0M | $-7.1M |
| Net Margin | -213.1% | -356.4% | -89.9% | -434.9% | -737.6% | 1,330.9% | -6,960.4% | -814.7% |
| EPS (Basic) | $-0.27 | $-0.28 | $-0.09 | $-0.09 | $-0.20 | $0.64 | $-1.96 | $-0.27 |
| EPS (Diluted) | $-0.27 | $-0.28 | $-0.02 | $-0.09 | $-0.20 | $0.55 | $-1.96 | $-0.27 |
| Shares Outstanding (Basic) | 46.0M | 45.1M | 38.8M | 40.5M | 37.7M | 35.3M | 26.8M | 26.2M |
| Shares Outstanding (Diluted) | 46.0M | 45.1M | 42.1M | 40.5M | 37.7M | 41.1M | 26.8M | 26.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |