Stock Fundamentals

Company Information

Company Name
Palladyne AI Corp
Sector
Technology
Industry
Software - Infrastructure
Exchange
NASDAQ
ISIN: US80359A2050
CIK: 0001826681
CUSIP: 80359A205
Currency: USD
Full Time Employees: 161
Phone: 888 927 7296
Fiscal Year End: December
IPO Date: Sep 27, 2021
Description:

Palladyne AI Corp., a technology company, develops and offers embodied artificial intelligence software and collaborative autonomy solutions in the United States. Its Artificial Intelligence (AI)/ Machine Learning (ML) Foundational Technology enables robots to observe, learn, reason, and act in unstructured. In addition, the company's technologies enable robotic systems to perceive their environment and quickly adapt to changing circumstances by generalizing from their experience using dynamic real-time operations without extensive programming, training, or the latency associated with processing in the cloud. Further, it offers Palladyne IQ used with industrial robots and cobots, enabling them to learn multiple tasks and handle disruptions or obstacles; and develops Palladyne Pilot for use with unmanned platform, such as UAVs to enable persistent detection, identification, tracking, and classification of objects of interest by sharing situational awareness information across multiple drones that is derived by fusing multi-modal sensor data. It serves industrial manufacturing, defense, infrastructure maintenance, repair and surveillance, energy, and aerospace and aviation industries. The company was formerly known as Sarcos Technology and Robotics Corporation and changed its name to Palladyne AI Corp. in March 2024. Palladyne AI Corp. is headquartered in Salt Lake City, Utah.

Address:

650 South 500 West, Salt Lake City, UT, United States, 84101

Directors & Officers

Name Title Year Born
Mr. Benjamin G. Wolff J.D. Co-Founder, President, CEO & Director 1969
Dr. Denis Garagic Co- Founder & CTO 1970
Mr. Steve Sonne J.D. Chief Legal Officer & Secretary 1969
Mr. Matthew Shigenobu Muta President of Commercial & Industrial 1970
Mr. Trevor Thatcher Chief Financial Officer 1986
Ms. Kristi Martindale Chief Commercial Officer 1967
Mr. Jeff Banman Chief of Staff NA
Mr. Doug Dynes President of Palladyne Defense NA
Mr. Kevan Johnston President of Palladyne Manufacturing NA
Mr. James Cook President of GuideTech NA

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
BlackRock Inc 1.96M Sep 30, 2025 4.22% $0.00 -1.10%
Vanguard Group Inc 1.70M Dec 31, 2025 3.65% $0.00 11.02%
Steward Partners Investment Advisory, LLC 1.21M Sep 30, 2025 2.60% $0.06 0.00%
Geode Capital Management, LLC 641.92K Sep 30, 2025 1.38% $0.00 8.32%
Millennium Management LLC 565.69K Sep 30, 2025 1.22% $0.00 767.35%
Susquehanna International Group, LLP 479.12K Sep 30, 2025 1.03% $0.00 161.08%
State Street Corp 473.16K Sep 30, 2025 1.02% $0.00 23.31%
UBS Group AG 314.28K Sep 30, 2025 0.68% $0.00 -17.45%
Northern Trust Corp 194.35K Sep 30, 2025 0.42% $0.00 5.92%
Cubist Systematic Strategies, LLC 184.75K Sep 30, 2025 0.40% $0.01 0.00%
The Goldman Sachs Group Inc 154.26K Sep 30, 2025 0.33% $0.00 0.00%
Group One Trading, LP 137.89K Sep 30, 2025 0.30% $0.00 28.93%
Summit Financial, LLC 136.30K Sep 30, 2025 0.29% $0.02 0.00%
Covestor Ltd 127.35K Dec 31, 2025 0.27% $0.28 482.18%
Balyasny Asset Management LLC 121.58K Dec 31, 2025 0.26% $0.00 17.09%
SIMPLEX TRADING, LLC 102.16K Sep 30, 2025 0.22% $0.00 148.78%
Morgan Stanley - Brokerage Accounts 101.25K Sep 30, 2025 0.22% $0.00 -36.33%
AlphaCentric Advisors, LLC 100.00K Dec 31, 2025 0.22% $0.42 0.00%
Royal Bank of Canada 91.05K Sep 30, 2025 0.20% $0.00 -0.48%
Charles Schwab Investment Management Inc 90.88K Dec 31, 2025 0.20% $0.00 20.21%

Shares Statistics

Shares Outstanding: 46.49M
Shares Float: 34.08M
% Insiders: 2,565.00%
% Institutions: 2,352.20%
Short % Float: 17.93%

🏆 Top 10 Institutional Holders

Rank Holder Name Shares Held % of Shares Change Date Reported
1 BlackRock Inc 1.96M 4.22% ▼ 1.10% Sep 30, 2025
2 Vanguard Group Inc 1.70M 3.65% ▲ 11.02% Dec 31, 2025
3 Steward Partners Investment Advisory, LLC 1.21M 2.60% ▲ 0.00% Sep 30, 2025
4 Geode Capital Management, LLC 641.92K 1.38% ▲ 8.32% Sep 30, 2025
5 Millennium Management LLC 565.69K 1.22% ▲ 767.35% Sep 30, 2025
6 Susquehanna International Group, LLP 479.12K 1.03% ▲ 161.08% Sep 30, 2025
7 State Street Corp 473.16K 1.02% ▲ 23.31% Sep 30, 2025
8 UBS Group AG 314.28K 0.68% ▼ 17.45% Sep 30, 2025
9 Northern Trust Corp 194.35K 0.42% ▲ 5.92% Sep 30, 2025
10 Cubist Systematic Strategies, LLC 184.75K 0.40% ▲ 0.00% Sep 30, 2025

Valuation Metrics

Enterprise Value: $291.98M
Trailing P/E: 29.42
Forward P/E: 4.61

Financial Highlights

Market Cap: $328.25M
EBITDA: $-31.31M
P/E Ratio: $29.42
Book Value: $1.62
Earnings/Share: $0.24
Profit Margin: 191.37%
Operating Margin: -560.75%
ROA (TTM): -26.65%
ROE (TTM): 30.82%
Revenue (TTM): $5.25M
Revenue/Share (TTM): $0.14
Earnings Growth (YOY): 0.00%
Revenue Growth (YOY): 118.30%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Download Financials (Excel)

Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Earnings Per Share (EPS) History

Financial Ratios

Earnings History

Balance Sheet (Yearly)

Financial Ratios

Date Current Ratio Debt/Equity Debt/Assets Interest Coverage Debt/EBITDA
2025-12-31 9.28x 0.01x 0.22x N/A -0.03x
2024-12-31 9.64x -0.11x 1.17x N/A -0.04x
2023-12-31 5.33x 0.03x 0.32x N/A -0.02x
2022-12-31 12.26x 0.01x 0.14x -96.69x -0.01x
2021-12-31 37.06x 0.06x 0.09x -2,382.09x -0.17x
2020-12-31 10.22x 0.07x 0.14x -283.77x -0.12x
2019-12-31 5.67x 0.00x 0.16x N/A 0.00x

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Nov 21, 2025 Denis Garagic N/A Sale 15.61K $5.11 $79.77K
Nov 21, 2025 Kristi Martindale N/A Sale 6.75K $5.11 $34.51K
Nov 21, 2025 Stephen Sonne N/A Sale 3.41K $5.11 $17.43K
Nov 21, 2025 Trevor Thatcher N/A Sale 2.65K $5.11 $13.53K
Nov 18, 2025 Michael T Young N/A Purchase 5.30K $5.61 $29.73K
Aug 21, 2025 Denis Garagic N/A Sale 14.81K $7.42 $109.88K
Aug 21, 2025 Kristi Martindale N/A Sale 6.41K $7.42 $47.53K
Aug 21, 2025 Stephen Sonne N/A Sale 3.24K $7.42 $24.01K
Aug 21, 2025 Trevor Thatcher N/A Sale 2.51K $7.42 $18.64K
May 20, 2025 Denis Garagic N/A Sale 15.65K $7.24 $113.33K
May 20, 2025 Kristi Martindale N/A Sale 6.77K $7.24 $49.03K
May 20, 2025 Stephen Sonne N/A Sale 3.42K $7.24 $24.78K
May 20, 2025 Trevor Thatcher N/A Sale 2.62K $7.24 $18.99K
Mar 31, 2025 Matthew Vogt N/A Sale 538.00 $5.82 $3.13K
Mar 31, 2025 Stephen Sonne N/A Sale 1.14K $5.82 $6.64K
Mar 31, 2025 Trevor Thatcher N/A Sale 10.92K $5.82 $63.55K

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