Jun 2026 (Q2 FY26) — Aug 6, 2026
Palladyne AI Q2 FY26 — Record Revenue, Strong Backlog Growth, and Key Defense Program Traction
Read the full callPalladyne AI earnings: last reported Thu, 6 Aug 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 5.8 | +469.8% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | -231.9 | +565.5 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | -12.3 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. |
Price
1Y: $8.81 on 17 Oct 2025 → $3.75. High $9.96 (5 Mar 2026), low $3.75 (19 Oct 2026).
Overview
Call summaries
Palladyne AI Q2 FY26 — Record Revenue, Strong Backlog Growth, and Key Defense Program Traction
Read the full callEvery analysed call
Financials
Net profit, year on year: −65% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 1 | 1 | 2 | 1 | 1 | 2 | 4 | 6 |
| Expenses | 8 | 7 | 9 | 9 | 9 | 11 | 15 | 19 |
| Operating profit | -7 | -6 | -7 | -8 | -8 | -9 | -12 | -13 |
| Operating margin | −838.0% | −852.0% | −405.3% | −797.4% | −937.8% | −560.8% | −336.9% | −231.9% |
| Profit before tax | -7 | -53 | 23 | -7 | -4 | -4 | -13 | -12 |
| Tax rate | −0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 63.0% | 0.0% | 0.0% |
| Net profit | -7 | -53 | 23 | -7 | -4 | -1 | -13 | -12 |
| EPS ($ per share) | -0.27 | — | 0.64 | -0.20 | -0.09 | — | -0.28 | -0.27 |
| Line item | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 0 | 0 | 0 | 0 |
| Reserves | -64 | -145 | -303 | -418 | -491 | -481 |
| Total liabilities | 5 | 22 | 23 | 20 | 66 | 21 |
| Fixed assets | 1 | 7 | 8 | 5 | 4 | 9 |
| Investments | — | — | 79 | 16 | 9 | 29 |
| Total assets | 38 | 236 | 168 | 60 | 56 | 96 |
| Line item | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|
| Cash from operations | -17 | -42 | -65 | -77 | -23 | -28 |
| Cash from investing | -1 | -5 | -109 | 65 | 7 | -25 |
| Cash from financing | 42 | 230 | -8 | -0 | 24 | 39 |
| Net cash flow | 24 | 183 | -182 | -12 | 8 | -13 |
| Capital expenditure | -1 | -5 | -1 | -1 | -0 | -1 |
| Free cash flow | -18 | -47 | -67 | -77 | -23 | -28 |
42 filings between Nov 18, 2025 and Sep 8, 2026.
Purchases
$247.8K
7 purchases by 2 insiders
Sales
$805.7K
16 sales by 4 insiders
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| GARAGIC DENIS | — | $473.4K | Aug 21, 2026 |
| Wolff Benjamin G | $202.5K | — | Sep 8, 2026 |
| SONNE STEPHEN | — | $153.2K | Aug 21, 2026 |
| THATCHER TREVOR | — | $144.7K | Aug 21, 2026 |
| Young Michael T. | $45.3K | — | Nov 21, 2025 |
| Martindale Kristi | — | $34.5K | Nov 21, 2025 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 8, 2026 | Wolff Benjamin G PRESIDENT & CEO | Purchase | 17,121 | $99.1K |
| Aug 21, 2026 | THATCHER TREVOR CHIEF FINANCIAL OFFICER | Sale | 4,636 | $28.6K |
| Aug 21, 2026 | GARAGIC DENIS CHIEF TECHNOLOGY OFFICER | Sale | 17,255 | $106.3K |
| Aug 21, 2026 | SONNE STEPHEN CHIEF LEGAL OFFICER | Sale | 5,341 | $32.9K |
| Jun 8, 2026 | FINN BRIAN D Director | Award | 15,083 | $0 |
| Jun 8, 2026 | Wolff Benjamin G PRESIDENT & CEO | Award | 4,470,942 | $0 |
| Jun 8, 2026 | Olson Eric T Director | Award | 15,083 | $0 |
| Jun 8, 2026 | GARAGIC DENIS CHIEF TECHNOLOGY OFFICER | Award | 447,094 | $0 |
| Jun 8, 2026 | SONNE STEPHEN CHIEF LEGAL OFFICER | Award | 147,541 | $0 |
| Jun 8, 2026 | THATCHER TREVOR CHIEF FINANCIAL OFFICER | Award | 147,541 | $0 |
| Jun 8, 2026 | Twitty Stephen Director | Award | 15,083 | $0 |
| Jun 8, 2026 | Young Michael T. Director | Award | 15,083 | $0 |
| Jun 8, 2026 | WEIBLING DENNIS M Director | Award | 15,083 | $0 |
| Jun 1, 2026 | SONNE STEPHEN CHIEF LEGAL OFFICER | Award | 1,000 | $4.5K |
| Jun 1, 2026 | THATCHER TREVOR CHIEF FINANCIAL OFFICER | Award | 1,000 | $4.5K |
| Jun 1, 2026 | GARAGIC DENIS CHIEF TECHNOLOGY OFFICER | Award | 1,000 | $4.5K |
| May 21, 2026 | SONNE STEPHEN CHIEF LEGAL OFFICER | Sale | 5,245 | $32.2K |
| May 21, 2026 | THATCHER TREVOR CHIEF FINANCIAL OFFICER | Sale | 4,561 | $28.0K |
| May 21, 2026 | GARAGIC DENIS CHIEF TECHNOLOGY OFFICER | Sale | 17,176 | $105.5K |
| Mar 30, 2026 | SONNE STEPHEN CHIEF LEGAL OFFICER | Sale | 3,471 | $19.3K |
| Mar 30, 2026 | GARAGIC DENIS CHIEF TECHNOLOGY OFFICER | Sale | 15,149 | $84.0K |
| Mar 30, 2026 | THATCHER TREVOR CHIEF FINANCIAL OFFICER | Sale | 3,030 | $16.8K |
| Mar 27, 2026 | Wolff Benjamin G PRESIDENT & CEO | Purchase | 1,000 | $5.8K |
| Mar 12, 2026 | THATCHER TREVOR CHIEF FINANCIAL OFFICER | Sale | 7,649 | $57.7K |
| Mar 12, 2026 | GARAGIC DENIS CHIEF TECHNOLOGY OFFICER | Sale | 12,945 | $97.7K |
| Mar 12, 2026 | SONNE STEPHEN CHIEF LEGAL OFFICER | Sale | 6,802 | $51.4K |
| Mar 10, 2026 | THATCHER TREVOR CHIEF FINANCIAL OFFICER | Award | 25,000 | $0 |
| Mar 10, 2026 | GARAGIC DENIS CHIEF TECHNOLOGY OFFICER | Award | 35,000 | $0 |
| Mar 10, 2026 | SONNE STEPHEN CHIEF LEGAL OFFICER | Award | 25,000 | $0 |
| Dec 1, 2025 | GARAGIC DENIS CHIEF TECHNOLOGY OFFICER | Award | 981 | $4.5K |
| Dec 1, 2025 | SONNE STEPHEN CHIEF LEGAL OFFICER | Award | 1,000 | $4.5K |
| Dec 1, 2025 | THATCHER TREVOR CHIEF FINANCIAL OFFICER | Award | 1,000 | $4.5K |
| Dec 1, 2025 | Martindale Kristi Chief Commercial Officer | Award | 346 | $1.6K |
| Nov 21, 2025 | Young Michael T. Director | Purchase | 3,000 | $15.6K |
| Nov 21, 2025 | Martindale Kristi Chief Commercial Officer | Sale | 6,753 | $34.5K |
| Nov 21, 2025 | GARAGIC DENIS CHIEF TECHNOLOGY OFFICER | Sale | 15,611 | $79.8K |
| Nov 21, 2025 | SONNE STEPHEN CHIEF LEGAL OFFICER | Sale | 3,411 | $17.4K |
| Nov 21, 2025 | THATCHER TREVOR CHIEF FINANCIAL OFFICER | Sale | 2,648 | $13.5K |
| Nov 20, 2025 | Wolff Benjamin G PRESIDENT & CEO | Purchase | 3,000 | $15.9K |
| Nov 19, 2025 | Wolff Benjamin G PRESIDENT & CEO | Purchase | 8,000 | $43.2K |
| Nov 18, 2025 | Young Michael T. Director | Purchase | 5,300 | $29.7K |
| Nov 18, 2025 | Wolff Benjamin G PRESIDENT & CEO | Purchase | 7,000 | $38.4K |
| Sep 22, 2025 | Twitty Stephen Director | Award | 9,078 | $0 |
| Sep 19, 2025 | WEIBLING DENNIS M Director | Gift | 25,000 | $0 |
| Aug 21, 2025 | GARAGIC DENIS CHIEF TECHNOLOGY OFFICER | Sale | 14,809 | $109.8K |
| Aug 21, 2025 | Martindale Kristi Chief Commercial Officer | Sale | 6,406 | $47.5K |
| Aug 21, 2025 | SONNE STEPHEN CHIEF LEGAL OFFICER | Sale | 3,236 | $24.0K |
| Aug 21, 2025 | THATCHER TREVOR CHIEF FINANCIAL OFFICER | Sale | 2,512 | $18.6K |
| Jul 2, 2025 | Wolff Benjamin G PRESIDENT & CEO | Award | 1,500,000 | $0 |
| Jun 26, 2025 | WEIBLING DENNIS M Director | Gift | 50,000 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
Your own record
Free account. Everything above stays public.
Write why you follow Palladyne AI Corp. and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading