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Record $5.8M revenue surged 470% YoY as military contracts accelerated.

Moby summary of Palladyne AI Corp.'s Q2 2026 earnings call

Palladyne AI (NASDAQ:PDYN) reported second-quarter revenue of $5.8 million, a company record that rose 63% sequentially and 470% from a year earlier, as it cited growth across its precision manufacturing, avionics, engineering services and AI development activities. The company reaffirmed its 2026

Palladyne AI Corp (PDYN) reports a 470% year-over-year revenue surge, driven by strong backlog growth and a major partnership with IAI for loitering munitions.

Investing.com - U.S. stock futures hovered around the flatline on Tuesday as investors weighed the durability of the artificial intelligence rally alongside renewed tensions in the Middle East.

Moby summary of Palladyne AI Corp.'s Q1 2026 earnings call

It is now my pleasure to introduce your host, Brian Siegel with Hayden IR. Joining me on the call today are Ben Wolff, President and Chief Executive Officer; and Trevor Thatcher, Chief Financial Officer.

Palladyne AI (NASDAQ:PDYN) reported first-quarter fiscal 2026 revenue of $3.5 million, up 107% year-over-year, and reiterated its full-year 2026 revenue guidance of $24 million to $27 million as management pointed to a growing contract backlog and increased defense program activity. Revenue grew 10