Palladyne AI (PDYN) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Palladyne AI

NasdaqGM•Technology•Software - Infrastructure

$5.71+0.03(0.01%)Market closed

Market Cap

$264.42M

P/S

22.3x

P/B

3.7x

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.

How this company scores

AverageMetricSide Score: 52/100

Strongest: Growth (18/25); weakest: Cash & Earnings Quality (6/25).

Profitability13/25

Growth18/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality6/25

Strengths

Growing revenueInterest easily coveredProfit converts from growthNet cash position

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 17.8x5y range 17.8x – 17.8x

P/S · 22.3x5y range 2.9x – 80.1x

Currently above its 20-quarter median.

P/B · 3.7x5y range 0.1x – 7.3x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 8 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $264.42M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $11.84M
Q. Revenue: $5.78M
TTM EBITDA: $-41.40M
TTM Op. Income: $-42.71M
Q. Op. Income: $-13.41M
TTM Net Income: $-30.17M
Q. Net Income: $-12.33M
EPS: $-0.27
Shares Out.: $45.99M

$11.84M in TTM revenue grew 171.8% YoY, reaching $5.78M last quarter. TTM EBITDA of $-41.40M and TTM operating income of $-42.71M show growth is flowing through to the bottom line. However, net income is negative at $30.17M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has risen for 3 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 29.1%
EBITDA Margin: -225.0%
Op. Margin: -231.9%
Net Margin: -213.1%

Op. margin of -231.9% is up 565.5% YoY — cost efficiency is improving. Net margin at -213.1% and gross margin of 29.1% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 3 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 22.3x
P/B Ratio: 3.7x

P/S of 22.3x and P/B of 3.7x. P/S is high, meaning growth expectations are priced in.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $94.39M
Cash: $33.77M
Long-Term Debt: N/A
Book Value: $70.84M
D/E Ratio: N/A
Debt/EBITDA: N/A

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-10.16M
TTM Free Cash Flow: $-36.70M
FCF Margin: -310.0%
FCF / Net Income: 1.2

TTM FCF of $-36.70M on $-10.16M in operating cash flow. The FCF / Net Income ratio of 1.2x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has fallen for 4 consecutive quarters — a weakening trend.