Palladyne AI posts Q4 revenue of USD 1.7 million, up 118%

Reuters03-05
Palladyne AI posts Q4 revenue of USD 1.7 million, up 118%

Palladyne AI reported Q4 FY2025 revenue of USD 1.7 million, up 118%, and an operating loss of USD 9.3 million. Q4 GAAP net loss was USD 1.5 million, or USD 0.04 per share, while non-GAAP net loss was USD 6.9 million, or USD 0.16 per share. Cash, cash equivalents and marketable securities totaled USD 47.0 million at December 31, 2025, and backlog was USD 13.5 million. For FY2025, Palladyne AI posted revenue of USD 5.2 million, down 33%, with an operating loss of USD 32.4 million. FY2025 GAAP net income was USD 10.0 million (USD 0.24 diluted EPS), while non-GAAP net loss was USD 25.2 million (USD 0.60 per share). The company reiterated FY2026 revenue guidance of USD 24 million to USD 27 million and said it had contracted 12–18 month backlog of nearly USD 18.0 million as of mid-February 2026. Corporate updates included completing the acquisitions of GuideTech, Warnke Precision Machining and MKR Fabricators and launching Palladyne Defense; releasing Palladyne IQ 2.0 and signing its first customer; introducing IntelliSwarm integrating SwarmOS into the BRAIN X2 flight module; demonstrating collaborative autonomy between its Gremlin-X platform and multiple Red Cat platforms; expanding space-domain work via satellite-related development with the Air Force Research Laboratory and a propulsion design engagement with Portal Space Systems; progressing development milestones across Gremlin-X and new BRAIN variants; securing a missile propulsion subsystem contract from a new defense prime customer; and strengthening its IP portfolio with a new patent issuance and four new patent applications.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Palladyne Ai Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260305148397) on March 05, 2026, and is solely responsible for the information contained therein.

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