---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-336621"
form_type: "8-K"
ticker: "PDYN"
cik: "0001826681"
company_name: "Palladyne AI Corp."
filed_at: "2026-08-06T10:47:17+00:00"
generated_at: "2026-08-06T10:50:24.688576+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Palladyne AI Q2 revenue $5.8M (+470% YoY); reiterates FY2026 guidance $24M-$27M

## Summary
- Revenue $5.8M (+470% YoY, +63% QoQ); GAAP net loss ($12.3M) vs ($7.5M) prior year.
- Backlog $24.6M (+43% QoQ) with $13M in new contract awards during Q2.
- Reiterated FY2026 revenue guidance $24M-$27M (357%-415% growth) and cash burn ($32M)-($36M).
- Cash & equivalents $43.7M, roughly flat to Q1; operating cash burn increased due to strategic hiring and capex.
- Signed exclusive U.S. rights partnership with IAI for HARPY/HAROP loitering munitions; selected for multiple DoD contracts.

## SEC filing metadata
- accession: 0001193125-26-336621
- form_type: 8-K
- ticker: PDYN
- cik: 0001826681
- company_name: Palladyne AI Corp.
- filed_at: 2026-08-06T10:47:17+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826681/000119312526336621/0001193125-26-336621-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826681/000119312526336621/pdyn-20260806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-336621
- JSON: https://secwatch.observer/filing/0001193125-26-336621.json
- Plain text: https://secwatch.observer/filing/0001193125-26-336621.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.