{"data":{"ticker":"PDYN","slug":"palladyne-ai","name":"Palladyne AI","exchange":"NASDAQ","sector":"Technology","headquarters":"Salt Lake City, UT","ceo":"Benjamin G. Wolff","employees":161,"website":"https://www.palladyneai.com","founded":"1983","layers":[{"slug":"robotics","name":"Robotics & Automation"},{"slug":"defense-ai","name":"Defense & Aerospace AI"}],"exposure":{"score":90,"tier":"Pure Play","rationale":"The entire company is AI autonomy software for industrial robots and defense drones; there is no hardware or legacy business left. The thesis depends on converting early deployments and defense contracts into recurring software revenue at very small scale."},"quote":{"price":3.34,"change24hPct":0.75,"change7dPct":-13.7,"change30dPct":-37.34,"change1yPct":-56.9,"high52w":9.96,"low52w":3.32,"marketCap":164790624,"peRatio":null,"eps":-0.69,"volume24h":3270194},"nextEarningsDate":"2026-11-10","summary":"Palladyne AI sells software that makes existing robots smarter. Its platform adds AI perception, reasoning, and closed loop autonomy to industrial robots and drones that would otherwise need constant programming or piloting, and the company earns revenue from software licenses and development contracts, including defense work.","explainer":["Palladyne AI sells software that makes existing robots smarter. Its platform adds AI perception, reasoning, and closed loop autonomy to industrial robots and drones that would otherwise need constant programming or piloting, and the company earns revenue from software licenses and development contracts, including defense work.","Palladyne IQ targets industrial robot arms, letting them adapt to changing parts and tasks without reprogramming. Palladyne Pilot brings collaborative autonomy to small drones, letting multiple aircraft detect and track objects together, a capability aimed at defense customers.","The company traces its roots to Sarcos, a robotics pioneer founded in 1983, and refocused entirely on AI software in 2024 under the Palladyne name. Headquartered in Salt Lake City, Utah, it employs around 160 people and trades on the NASDAQ."],"buildoutRole":"Palladyne sits across the Robotics layer and the Defense AI layer as a software only play: it does not build robots, it supplies the intelligence that upgrades machines already deployed. That positions it to benefit from the installed base of industrial arms and small drones without hardware capital costs. The thesis depends on converting pilots and defense contracts into recurring software revenue at very small current scale, so execution risk is high even though AI exposure is total.","faq":[{"q":"What does Palladyne AI do?","a":"Palladyne AI develops embodied AI software that gives industrial robots and drones closed loop autonomy. Its products let machines observe, reason, and adapt in real time without constant reprogramming or human piloting. Revenue comes from software licensing and development contracts, including United States defense programs."},{"q":"How is Palladyne AI exposed to AI?","a":"The entire company is AI software; there is no hardware or legacy business remaining. Supercycle rates it Pure Play with an AI Exposure Score of 90 out of 100, reflecting total AI dependence at a very early stage of commercial scale."},{"q":"What are Palladyne IQ and Palladyne Pilot?","a":"Palladyne IQ is software for industrial robot arms that handles changing parts, tasks, and environments without reprogramming. Palladyne Pilot enables collaborative drone autonomy, letting multiple small drones share detection and tracking data in flight, a capability developed with defense applications in mind."},{"q":"Is PDYN a pure play AI stock?","a":"Yes. Every product is AI autonomy software, placing it in Supercycle's Pure Play tier. It is an early stage company, with revenue only beginning to scale, which distinguishes it from pure plays already operating at large commercial scale."},{"q":"Who leads Palladyne AI?","a":"Benjamin Wolff serves as chairman and chief executive. He led the company through its transition from Sarcos, the robotics firm known for exoskeletons and dexterous robotic systems, into a pure AI software business renamed Palladyne AI in 2024."}],"history1y":[{"date":"2026-09-22","close":5.68},{"date":"2026-09-23","close":5.44},{"date":"2026-09-24","close":5.39},{"date":"2026-09-25","close":5.39},{"date":"2026-09-28","close":5.28},{"date":"2026-09-29","close":5.22},{"date":"2026-09-30","close":5.16},{"date":"2026-10-01","close":5.32},{"date":"2026-10-02","close":5.33},{"date":"2026-10-05","close":5.12},{"date":"2026-10-06","close":5.36},{"date":"2026-10-07","close":5.21},{"date":"2026-10-08","close":5.12},{"date":"2026-10-09","close":5.04},{"date":"2026-10-12","close":4.83},{"date":"2026-10-13","close":4.64},{"date":"2026-10-14","close":4.16},{"date":"2026-10-15","close":4.07},{"date":"2026-10-16","close":3.79},{"date":"2026-10-19","close":3.75},{"date":"2026-10-20","close":3.6},{"date":"2026-10-21","close":3.69},{"date":"2026-10-22","close":3.65},{"date":"2026-10-23","close":3.7},{"date":"2026-10-26","close":3.87},{"date":"2026-10-27","close":4.08},{"date":"2026-10-28","close":3.95},{"date":"2026-10-29","close":3.68},{"date":"2026-10-30","close":3.32},{"date":"2026-11-02","close":3.34}],"incomeStatements":[{"ticker":"PDYN","report_period":"2025-12-31","fiscal_period":"2025-FY","period":"annual","currency":"USD","revenue":5246000,"cost_of_revenue":2690000,"gross_profit":2556000,"operating_expense":0,"operating_income":-32404000,"net_income":10039000,"earnings_per_share":0.24,"earnings_per_share_diluted":0.24,"research_and_development":12899000,"selling_general_and_administrative_expenses":21943000,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0},{"ticker":"PDYN","report_period":"2024-12-31","fiscal_period":"2024-FY","period":"annual","currency":"USD","revenue":7786000,"cost_of_revenue":3488000,"gross_profit":4298000,"operating_expense":0,"operating_income":-27115000,"net_income":-72617000,"earnings_per_share":-2.71,"earnings_per_share_diluted":-2.71,"research_and_development":10437000,"selling_general_and_administrative_expenses":20976000,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0},{"ticker":"PDYN","report_period":"2023-12-31","fiscal_period":"2023-FY","period":"annual","currency":"USD","revenue":6146000,"cost_of_revenue":5041000,"gross_profit":1105000,"operating_expense":0,"operating_income":-83010000,"net_income":-115593000,"earnings_per_share":-4.51,"earnings_per_share_diluted":-4.51,"research_and_development":39012000,"selling_general_and_administrative_expenses":42282000,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0},{"ticker":"PDYN","report_period":"2022-12-31","fiscal_period":"2022-FY","period":"annual","currency":"USD","revenue":14569000,"cost_of_revenue":11614000,"gross_profit":2955000,"operating_expense":0,"operating_income":-106802000,"net_income":-157130000,"earnings_per_share":-6.42,"earnings_per_share_diluted":-6.42,"research_and_development":34144000,"selling_general_and_administrative_expenses":73429000,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0}],"balanceSheets":[{"ticker":"PDYN","report_period":"2025-12-31","fiscal_period":"2025-FY","period":"annual","currency":"USD","total_assets":95712000,"current_assets":52557000,"cash_and_equivalents":18219000,"total_liabilities":21037000,"current_liabilities":5666000,"total_debt":10783000,"shareholders_equity":74675000,"retained_earnings":-480792000},{"ticker":"PDYN","report_period":"2024-12-31","fiscal_period":"2024-FY","period":"annual","currency":"USD","total_assets":56253000,"current_assets":42730000,"cash_and_equivalents":31188000,"total_liabilities":65786000,"current_liabilities":4433000,"total_debt":11036000,"shareholders_equity":-9533000,"retained_earnings":-490831000},{"ticker":"PDYN","report_period":"2023-12-31","fiscal_period":"2023-FY","period":"annual","currency":"USD","total_assets":60426000,"current_assets":45063000,"cash_and_equivalents":23139000,"total_liabilities":19521000,"current_liabilities":8456000,"total_debt":12396000,"shareholders_equity":40905000,"retained_earnings":-418214000},{"ticker":"PDYN","report_period":"2022-12-31","fiscal_period":"2022-FY","period":"annual","currency":"USD","total_assets":167625000,"current_assets":129099000,"cash_and_equivalents":35159000,"total_liabilities":23175000,"current_liabilities":10532000,"total_debt":13277000,"shareholders_equity":144450000,"retained_earnings":-302621000}],"holders13f":[],"news":[]},"meta":{"version":"v1","asOf":"2026-11-02","builtAt":"2026-11-03T05:33:46.110Z","tier":"free","source":"https://supercyclehq.com/stock/palladyne-ai","disclaimer":"Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI.","license":"Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset."},"links":{"self":"https://supercyclehq.com/api/v1/stocks/PDYN","html":"https://supercyclehq.com/stock/palladyne-ai","md":"https://supercyclehq.com/stock/palladyne-ai.md","docs":"https://supercyclehq.com/api/v1/openapi.json"}}