Filing Flows › Palladyne AI (PDYN) › Q3 2025
Palladyne AI (PDYN) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 12, 2025
Palladyne AI (PDYN) reported revenue of $860K for the third quarter 2025 (Q3 2025), -1% from a year earlier and -15% from the quarter before. Operating margin was -937.8%, net loss $3.7M (434.9% of revenue).
Palladyne AI, Q3 2025: revenue $860K (-1% year over year), operating margin -937.8%, net loss $3.7M, operating cash flow −$6.3M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $860K | -15% | -1% |
| Operating profit | −$8.1M | — | — |
| Net earnings | −$3.7M | — | — |
| Operating cash flow | −$6.3M | — | — |
What changed
Revenue was $860K in Q3 2025, down 1% year over year and down 15% from the previous quarter.
Operating costs exceeded revenue by $8.1M, an operating margin of -937.8%. Total costs grew 9% against a revenue fall of 1%. The quarter ended with a net loss of $3.7M, narrower than the previous quarter's $7.5M loss. Non-operating items added $4.3M, -116% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$6.3M. Non-cash charges added back $300K of depreciation and $1.1M of share-based compensation. Working capital and other items used $3.9M. Capital expenditures of $384K exceeded it, leaving free cash flow of −$6.7M.
Questions
What was Palladyne AI's revenue in the third quarter 2025?
Palladyne AI (PDYN) reported revenue of $860K for the third quarter 2025 (Q3 2025), -1% from a year earlier and -15% from the quarter before.
Was Palladyne AI profitable in the third quarter 2025?
Operating loss was $8.1M (-937.8% of revenue) and net loss $3.7M.
Source: Palladyne AI 10-Q on SEC EDGAR.