secwatch.observer — SEC 8-K summary
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Issuer:     Palladyne AI Corp. (PDYN)
CIK:        0001826681
Form:       8-K
Filed at:   2026-03-05T23:59:59+00:00
Accession:  0001193125-26-092435
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Palladyne AI Q4 rev $1.7M (+118% YoY); FY25 GAAP net income $10M vs loss; reiterates FY26 rev guidance $24-27M
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- Q4 revenue $1.7M, up 118% YoY; Q4 GAAP net loss $1.5M ($0.04 EPS) vs $53M loss ($1.75 EPS).
- Full year 2025 revenue $5.2M, down 33% YoY; GAAP net income $10.0M ($0.24 diluted EPS) vs $72.6M loss.
- Non-GAAP net loss FY25 $25.2M vs $22.6M; Q4 non-GAAP net loss $6.9M vs $5.2M.
- Reiterates FY26 revenue guidance $24M-$27M (~357-415% YoY growth); backlog $18M mid-Feb, +30% since year-end.
- Launched Palladyne Defense after November acquisitions; commercially released Palladyne IQ 2.0 with first customer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1826681/000119312526092435/0001193125-26-092435-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1826681/000119312526092435/pdyn-20260305.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-092435

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer