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Palladyne AI Corp. (PDYNW) Stock Fundamental Analysis & AI Rating 2026

PDYNW Nasdaq Services-Prepackaged Software DE CIK: 0001826681
Recently Updated • Analysis: Apr 14, 2026 • SEC Data: 2025-12-31
SELL
85% Conf
Pending
Analysis scheduled

📊 PDYNW Key Takeaways

Revenue: $5.2M
Net Margin: 191.4%
Free Cash Flow: $-28.4M
Current Ratio: 9.28x
Debt/Equity: 0.00x
EPS: $0.24
AI Rating: SELL with 85% confidence
Palladyne AI Corp. (PDYNW) receives a SELL rating with 85% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $5.2M, net profit margin of 191.4%, and return on equity (ROE) of 13.4%, Palladyne AI Corp. demonstrates mixed fundamentals in the Technology sector. Below is our complete PDYNW stock analysis for 2026.

Is Palladyne AI Corp. (PDYNW) a Good Investment?

Claude

Palladyne AI is a pre-commercial software company with only $5.2M in flat revenue but -$27.6M in operating cash burn annually, leaving approximately 8-10 months of cash runway. Despite a strong balance sheet, the core business model exhibits fundamental viability issues with massive operating losses (-$32.4M) and the positive net income driven by non-operating gains rather than sustainable operations.

Why Buy Palladyne AI Corp. Stock? PDYNW Key Strengths

Claude
  • + Strong balance sheet with $74.7M stockholders equity and zero debt provides capital cushion
  • + Excellent liquidity position with 9.28x current ratio and $18.2M cash reserves
  • + 7 Form 4 insider filings in last 90 days suggest active capital management and potential strategic activity

PDYNW Stock Risks: Palladyne AI Corp. Investment Risks

Claude
  • ! Negative operating cash flow of -$27.6M with only $5.2M revenue creates unsustainable burn rate with limited runway
  • ! Flat revenue growth (0% YoY) indicates no commercial traction or market adoption in core software business
  • ! Operating loss of -$32.4M relative to $5.2M revenue reveals fundamental business model issues; positive net income appears driven by one-time non-operating gains

Key Metrics to Watch

Claude
  • * Quarterly revenue growth rate and customer acquisition metrics - must accelerate to positive growth
  • * Operating cash flow trend - must improve toward positive territory for sustainability
  • * Cash burn rate and runway - critical timeline for reaching profitability or securing additional funding

Palladyne AI Corp. (PDYNW) Financial Metrics & Key Ratios

Revenue
$5.2M
Net Income
$10.0M
EPS (Diluted)
$0.24
Free Cash Flow
$-28.4M
Total Assets
$95.7M
Cash Position
$18.2M

💡 AI Analyst Insight

Strong liquidity with a 9.28x current ratio provides a solid financial cushion.

PDYNW Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -617.7%
Net Margin 191.4%
ROE 13.4%
ROA 10.5%
FCF Margin -540.4%

PDYNW vs Technology Sector: How Palladyne AI Corp. Compares

How Palladyne AI Corp. compares to Technology sector averages

Net Margin
PDYNW 191.4%
vs
Sector Avg 18.0%
PDYNW Sector
ROE
PDYNW 13.4%
vs
Sector Avg 22.0%
PDYNW Sector
Current Ratio
PDYNW 9.3x
vs
Sector Avg 2.5x
PDYNW Sector
Debt/Equity
PDYNW 0.0x
vs
Sector Avg 0.5x
PDYNW Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Palladyne AI Corp. Stock Overvalued? PDYNW Valuation Analysis 2026

Based on fundamental analysis, Palladyne AI Corp. has mixed fundamental signals relative to the Technology sector in 2026.

Return on Equity
13.4%
Sector avg: 22%
Net Profit Margin
191.4%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Palladyne AI Corp. Balance Sheet: PDYNW Debt, Cash & Liquidity

Current Ratio
9.28x
Quick Ratio
9.22x
Debt/Equity
0.00x
Debt/Assets
22.0%
Interest Coverage
N/A
Long-term Debt
N/A

PDYNW Revenue & Earnings Growth: 5-Year Financial Trend

PDYNW 5-year financial data: Year 2021: Revenue $8.8M, Net Income -$20.9M, EPS N/A. Year 2022: Revenue $14.6M, Net Income -$81.5M, EPS $-0.72. Year 2023: Revenue $14.6M, Net Income -$157.1M, EPS $-6.42. Year 2024: Revenue $7.8M, Net Income -$115.6M, EPS $-4.51. Year 2025: Revenue $7.8M, Net Income -$72.6M, EPS $-2.71.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Palladyne AI Corp.'s revenue has declined by 12% over the 5-year period, indicating business contraction. The most recent EPS of $-2.71 indicates the company is currently unprofitable.

PDYNW Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-540.4%
Free cash flow / Revenue

PDYNW Quarterly Earnings & Performance

Quarterly financial performance data for Palladyne AI Corp. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $860.0K -$3.7M $-0.09
Q2 2025 $1.0M -$5.3M $-0.20
Q1 2025 $1.7M -$7.2M $-0.28
Q3 2024 $871.0K -$7.1M $-0.27
Q2 2024 $1.3M -$5.3M $-0.20
Q1 2024 $2.3M -$7.2M $-0.28
Q3 2023 $1.8M -$22.5M $-0.89
Q2 2023 $1.3M -$23.1M $-0.95

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Palladyne AI Corp. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$27.6M
Cash generated from operations
Capital Expenditures
$713.0K
Investment in assets
Dividends
None
No dividend program

PDYNW SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Palladyne AI Corp. (CIK: 0001826681)

📋 Recent SEC Filings

Date Form Document Action
Mar 31, 2026 4 xslF345X06/form4-03312026_100317.xml View →
Mar 31, 2026 4 xslF345X06/form4-03312026_100301.xml View →
Mar 31, 2026 4 xslF345X06/form4-03312026_100348.xml View →
Mar 30, 2026 4 xslF345X06/form4-03302026_090305.xml View →
Mar 12, 2026 4 xslF345X05/form4-03132026_010340.xml View →

Frequently Asked Questions about PDYNW

What is the AI rating for PDYNW?

Palladyne AI Corp. (PDYNW) has an AI rating of SELL with 85% confidence, based on fundamental analysis of SEC EDGAR filings.

What are PDYNW's key strengths?

Claude: Strong balance sheet with $74.7M stockholders equity and zero debt provides capital cushion. Excellent liquidity position with 9.28x current ratio and $18.2M cash reserves.

What are the risks of investing in PDYNW?

Claude: Negative operating cash flow of -$27.6M with only $5.2M revenue creates unsustainable burn rate with limited runway. Flat revenue growth (0% YoY) indicates no commercial traction or market adoption in core software business.

What is PDYNW's revenue and growth?

Palladyne AI Corp. reported revenue of $5.2M.

Does PDYNW pay dividends?

Palladyne AI Corp. does not currently pay dividends.

Where can I find PDYNW SEC filings?

Official SEC filings for Palladyne AI Corp. (CIK: 0001826681) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is PDYNW's EPS?

Palladyne AI Corp. has a diluted EPS of $0.24.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is PDYNW a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Palladyne AI Corp. has a SELL rating with 85% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is PDYNW stock overvalued or undervalued?

Valuation metrics for PDYNW: ROE of 13.4% (sector avg: 22%), net margin of 191.4% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.

Should I buy PDYNW stock in 2026?

Our dual AI analysis gives Palladyne AI Corp. a combined SELL rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is PDYNW's free cash flow?

Palladyne AI Corp.'s operating cash flow is $-27.6M, with capital expenditures of $713.0K. FCF margin is -540.4%.

How does PDYNW compare to other Technology stocks?

Vs Technology sector averages: Net margin 191.4% (avg: 18%), ROE 13.4% (avg: 22%), current ratio 9.28 (avg: 2.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 14, 2026 | Data as of: 2025-12-31 | Powered by Claude AI