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How Dyadic International (DYAI) makes money

Dyadic International (DYAI) made $961K of revenue in the second quarter 2026 (Q2 2026), +34% from a year earlier. Grant brought in $837K (87%); Research and Development brought in $124K (13%).

Drawing the Sankey…

Dyadic International revenue by segment, Q2 2026Dyadic International revenue by segment, Q2 2026Grant$837KResearch and Development$124K
Dyadic International: revenue by line, Q1 2025 to Q2 2026Dyadic International: revenue by line, Q1 2025 to Q2 2026GrantResearch and Developm…LicenseGrant: $837K latest$837KResearch and Development: $124K latest$124KLicense: $0 latestQ1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Grant went from 53% of revenue in Q1 2025 to 87% in Q2 2026, the largest shift in the mix.
Dyadic International revenue by quarterDyadic International revenue by quarter$817KQ4 2024$394KQ1 2025$967KQ2 2025$1.2MQ3 2025$566KQ4 2025$1.1MQ1 2026$961KQ2 2026

Revenue by segment, Q2 2026

SegmentRevenueShareQ/QY/Y
Grant$837K87.1%+72%+66%
Research and Development$124K12.9%-69%-42%

Where each dollar of revenue goes

LineQ2 2026% of revenue
Revenue$961K100.0%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q2 2026$961K-0.6%
Q1 2026$1.1M+182%
Q4 2025$566K-31%
Q3 2025$1.2M-40%
Q2 2025$967K+150%
Q1 2025$394K+18%
Q4 2024$817K+19%

From Dyadic International's 10-Q filed Aug 12, 2026 (on EDGAR).

Questions

How does Dyadic International make money?

Dyadic International (DYAI) made $961K of revenue in the second quarter 2026 (Q2 2026), +34% from a year earlier. Grant brought in $837K (87%); Research and Development brought in $124K (13%).

What is Dyadic International's biggest business?

Grant: $837K in the second quarter 2026, 87% of revenue, +66% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.