Palladyne AI Corp. (PDYN) stock
PDYNNasdaqServices-Prepackaged SoftwareFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 10, 2026Score 10/3026% below fair value
$3.24−0.22 (-6.36%)
Close on Nov 12, 2026Market cap $159.86MP/E –Yield –
Palladyne AI gross margin
Gross margin is gross profit as a percentage of revenue.
Palladyne AI's gross margin for the twelve months ending Sep 30, 2026 was 34.7%. For fiscal 2025 it was 48.7%, against 55.2% the year before. The highest annual figure on record is 55.2% in fiscal 2024.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 48.7% | −6.5 |
| FY2024 | Dec 31, 2024 | 55.2% | +37.2 |
| FY2023 | Dec 31, 2023 | 18.0% | −2.3 |
| FY2022 | Dec 31, 2022 | 20.3% | −3.5 |
| FY2021 | Dec 31, 2021 | 23.8% | −12.6 |
| FY2020 | Dec 31, 2020 | 36.4% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 44.0% | −2.4 |
| Q2 FY2026 | Jun 30, 2026 | 29.1% | −24.2 |
| Q1 FY2026 | Mar 31, 2026 | 30.1% | −49.3 |
| Q4 FY2025 | Dec 31, 2025 | 15.6% | −11.6 |
| Q3 FY2025 | Sep 30, 2025 | 46.4% | +1.4 |
| Q2 FY2025 | Jun 30, 2025 | 53.3% | −25.7 |
| Q1 FY2025 | Mar 31, 2025 | 79.4% | +34.2 |
| Q4 FY2024 | Dec 31, 2024 | 27.2% | +73.3 |
| Q3 FY2024 | Sep 30, 2024 | 45.0% | +11.9 |
| Q2 FY2024 | Jun 30, 2024 | 79.0% | +52.9 |
| Q1 FY2024 | Mar 31, 2024 | 45.2% | +23.0 |
| Q4 FY2023 | Dec 31, 2023 | -46.1% | −74.2 |
| Q3 FY2023 | Sep 30, 2023 | 33.1% | +9.8 |
| Q2 FY2023 | Jun 30, 2023 | 26.2% | +29.7 |
| Q1 FY2023 | Mar 31, 2023 | 22.2% | −12.1 |
| Q4 FY2022 | Dec 31, 2022 | 28.1% | +33.7 |
| Q3 FY2022 | Sep 30, 2022 | 23.3% | +5.6 |
| Q2 FY2022 | Jun 30, 2022 | -3.6% | −44.4 |
| Q1 FY2022 | Mar 31, 2022 | 34.3% | +1.1 |
| Q4 FY2021 | Dec 31, 2021 | -5.6% | −45.3 |
| Q3 FY2021 | Sep 30, 2021 | 17.7% | −12.9 |
| Q2 FY2021 | Jun 30, 2021 | 40.9% | – |
| Q1 FY2021 | Mar 31, 2021 | 33.2% | – |
| Q4 FY2020 | Dec 31, 2020 | 39.7% | – |
| Q3 FY2020 | Sep 30, 2020 | 30.6% | – |
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