(Updated - March 5, 2026 7:39 AM EST)

Palladyne AI Corp. (NASDAQ: PDYN) reported Q4 EPS of ($0.16), versus ($0.17) reported last year. Revenue for the quarter came in at $1.66 million versus the consensus estimate of $800 thousand.

GUIDANCE:

Palladyne AI Corp. sees FY2026 revenue of $24-27 million.

• The Company reiterates its previously announced full year 2026 revenue guidance of $24 million to $27 million, representing expected year-over-year growth of approximately 357% to 415% compared to 2025 revenue of $5.2 million. Supporting this guidance, Palladyne AI had a contracted 12-18 month backlog of nearly $18.0 million as of mid-February 2026, a more than 30% increase since December 31, 2025.
• The guidance reflects revenue contributions from acquired entities, backlog conversion and monetization of development programs secured during and following the Company’s fourth quarter repositioning. Management believes recent contract wins and expanding program activity across air and space domains provide increased visibility into achieving these targets.
• The Company continues to advance product maturation milestones and pursue early customer wins across Palladyne IQ 2.0, SwarmOS and BRAIN platforms while maintaining a disciplined focus on execution.

For earnings history and earnings-related data on Palladyne AI Corp. (PDYN) click here.

Earnings Guidance