PDYN

Palladyne AI Corp

PDYN.US palladyneai.com
5.77
+0.14 (+2.49%)
USD · NASDAQ
52-week range
4.14
10.73
Trading at 25% of the 52-week range
Market Cap
277.78M
P/E Ratio
0.00
Forward P/E
4.61
Book Value
1.44
Div. Yield
N/A
% Institutions
26.53%
% Insiders
34.20%

1 Year

-19.4%

3 Year

+479.9%

10 Year

-90.1%
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. It has a strategic collaboration with FANUC America to advance intelligent robotic automation. 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.

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. It has a strategic collaboration with FANUC America to advance intelligent robotic automation. 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

People

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. Doug Dynes President of Palladyne Aerospace & Defense NA
Mr. Kevan Johnston President of Palladyne Manufacturing NA
Mr. Michael Ross Dill Chief Operating Officer for Palladyne Aerospace & Defense 1966
Mr. James Cook President of GuideTech NA

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Mar 12, 2026 Denis Garagic N/A Sale 12.95K $7.55 $97.73K
Mar 12, 2026 Stephen Sonne N/A Sale 6.80K $7.55 $51.36K
Mar 12, 2026 Trevor Thatcher N/A Sale 7.65K $7.55 $57.75K
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

Shareholders

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
BlackRock Inc 2.21M Mar 31, 2026 4.48% $0.00 1.14%
Vanguard Capital Management, LLC 1.39M Mar 31, 2026 2.82% $0.00 0.00%
Geode Capital Management, LLC 781.90K Mar 31, 2026 1.58% $0.00 8.30%
State Street Corp 631.18K Mar 31, 2026 1.28% $0.00 7.24%
Themes Management Company, LLC 520.21K Jun 30, 2026 1.05% $2.10 32.62%
UBS Group AG 390.69K Mar 31, 2026 0.79% $0.00 43.67%
Susquehanna International Group, LLP 352.04K Mar 31, 2026 0.71% $0.00 115.43%
Millennium Management LLC 310.88K Jun 30, 2026 0.63% $0.00 -12.24%
Northern Trust Corp 236.05K Mar 31, 2026 0.48% $0.00 10.93%
Vanguard Fiduciary Trust Co 222.00K Mar 31, 2026 0.45% $0.00 0.00%
Morgan Stanley - Brokerage Accounts 193.67K Mar 31, 2026 0.39% $0.00 16.05%
Vanguard Portfolio Management, LLC 174.53K Mar 31, 2026 0.35% $0.00 0.00%
The Goldman Sachs Group Inc 151.01K Mar 31, 2026 0.31% $0.00 -48.14%
Covestor Ltd 150.46K Mar 31, 2026 0.31% $0.63 18.15%
AlphaCentric Advisors, LLC 100.00K Jun 30, 2026 0.20% $0.52 0.00%
Marshall Wace Asset Management Ltd 95.25K Mar 31, 2026 0.19% $0.00 425.99%
Royal Bank of Canada 90.83K Mar 31, 2026 0.18% $0.00 14.59%
Adage Capital Partners Gp LLC 83.33K Jun 30, 2026 0.17% $0.00 0.00%
Charles Schwab Investment Management Inc 83.04K Mar 31, 2026 0.17% $0.00 -8.62%
Bank of New York Mellon Corp 75.91K Mar 31, 2026 0.15% $0.00 27.38%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 Vanguard MStar Total Stk Mkt Idx Invest 1.05M 2.14% ▲ 0.00% Jul 31, 2026
2 iShares Russell 2000 ETF 947.93K 1.92% ▼ 0.57% Aug 31, 2026
3 Themes Humanoid Robotics ETF 510.92K 1.04% ▲ 0.69% Aug 31, 2026
4 Vanguard Institutional Extnd Mkt Idx Tr 417.20K 0.85% ▲ 0.00% Jul 31, 2026
5 Fidelity Small Cap Index 395.19K 0.80% ▲ 26.83% Jun 30, 2026
6 iShares Russell 2000 Value ETF 248.76K 0.50% ▼ 0.23% Aug 31, 2026
7 Russell 2000 Equity Index Fund B 245.88K 0.50% ▲ 45.14% Jun 30, 2026
8 Russell 2000 Index Non-Lendable Fund 245.88K 0.50% ▲ 45.14% Jun 30, 2026
9 State St Russell Sm/Mid Cp® Indx SL Cl I 211.10K 0.43% ▲ 0.00% Jul 31, 2026
10 Vanguard Russell 2000 ETF 203.54K 0.41% ▼ 2.15% Jul 31, 2026

Financial Highlights

Market Cap: $277.78M
EBITDA: $-40.58M
Book Value: $1.44
Earnings/Share: $-0.69
Profit Margin: -254.75%
Operating Margin: -231.94%
ROA (TTM): -30.91%
ROE (TTM): -48.39%
Revenue (TTM): $11.84M
Revenue/Share (TTM): $0.27
Earnings Growth (YOY): 0.00%
Revenue Growth (YOY): 469.80%

Valuation Metrics

Enterprise Value: $250.51M
Trailing P/E: 0.00
Forward P/E: 4.61

Shares Statistics

Shares Outstanding: 49.34M
Shares Float: 34.51M
% Insiders: 34.20%
% Institutions: 26.53%
Short % Float: 17.63%

Stock Price History

1 Year Price History

3 Years Price History

10 Years Price History

Financial Charts

Revenue, Net Income & Operating Cash Flow (Yearly)

Revenue, Net Income & Operating Cash Flow (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Income Statement Waterfall

Open full waterfall
Line Item
Step Type
Value
Revenue
adjust
$5.25M
Cost of Goods Sold
adjust
$-2.69M
Gross Profit
subtotal
$2.56M
SG&A
adjust
$-17.20M
R&D
adjust
$-12.90M
Other Operating Expense
adjust
$-4.86M
Operating Income
subtotal
$-32.40M
Other / Non-Operating Items
adjust
$42.44M
Net Income
subtotal
$10.04M

Earnings Per Share (EPS) History

Financial Ratios

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