Filing Flows › Palladyne AI (PDYN) › Q2 2026 › vs Q2 2025
Palladyne AI (PDYN) Q2 2026 vs Q2 2025 (year over year)
Palladyne AI's revenue rose $4.8M (+470%) from $1.0M in Q2 2025 to $5.8M in Q2 2026. The biggest changes: Product Revenue +$2.7M (897×); Engineering Services Revenue +$1.9M (—); Product Development Contract Revenue +$167K (+17%).
Palladyne AI, Q2 2026: revenue $5.8M (+470% year over year), operating margin -231.9%, net loss $12.3M, operating cash flow −$10.2M. The chart draws each line against Q2 2025, the increases inside each band.
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Product Revenue | $2.7M | $3K | $2.7M | 897× |
| Engineering Services Revenue | $1.9M | $0 | $1.9M | — |
| Product Development Contract Revenue | $1.2M | $1.0M | $167K | +17% |
| Revenue | $5.8M | $1.0M | $4.8M | +470% |
| Other income, net | $1.1M | $607K | $480K | +79% |
| Net loss | $12.3M | $7.5M | $4.8M | +65% |
| Costs & expenses | $19.2M | $9.1M | $10.1M | +111% |
| Operating costs | $19.2M | $9.1M | $10.1M | +111% |
| Cost of revenue | $4.1M | $474K | $3.6M | +765% |
| Research & development | $4.3M | $3.1M | $1.2M | +38% |
| Sales & marketing | $2.3M | $1.3M | $938K | +70% |
| General & admin | $8.1M | $4.2M | $4.0M | +95% |
| Operating cash sources | $13.2M | $6.6M | $6.6M | +99% |
| Depreciation & amortization | $756K | $200K | $556K | +278% |
| Share-based compensation | $2.3M | $1.1M | $1.2M | +109% |
| Cash used in operations | $10.2M | $5.3M | $4.8M | +91% |
| Net loss absorbed | $12.3M | $7.5M | $4.8M | +65% |
| Working capital & other | $892K | −$861K | $1.8M | — |
Questions
How much did Palladyne AI's revenue grow year over year in Q2 2026?
Palladyne AI's revenue rose $4.8M (+470%) from $1.0M in Q2 2025 to $5.8M in Q2 2026.
What drove Palladyne AI's revenue change in Q2 2026?
Product Revenue +$2.7M (897×); Engineering Services Revenue +$1.9M (—); Product Development Contract Revenue +$167K (+17%).