Palladyne AI (PDYN)
Builds autonomy software, UAV systems and U.S.-based manufacturing for defense and industrial customers.
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Develops edge-autonomy software for robots and drone swarms, alongside UAV avionics, engineering services and precision manufacturing. Revenue is still centered on services and manufacturing while software products move from initial sales activity toward commercial adoption.
Develops embodied-AI software for machines that need to adapt at the edge. Palladyne IQ targets industrial robots and cobots, while SwarmOS and Palladyne Pilot coordinate networked drones and autonomous systems; IntelliSwarm combines SwarmOS with BRAIN flight hardware.
The business also includes advanced avionics, UAV engineering services and U.S.-based precision manufacturing added through GuideTech, Warnke and MKR. Customers include defense and commercial or industrial markets, with current positioning shaped by U.S. government and public-sector security requirements.
Services and manufacturing currently carry the revenue base as software products move from initial sales activity toward commercial adoption. Execution depends on government-contract delivery, adoption of autonomy products and retention of key AI and executive personnel.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $43.7M · Total debt $10.6M · Total assets $94.4M · Shareholders' equity $70.8M
- Revenue
- $5.8M
- Operating income
- −$13.4M
- Net income
- −$12.3M
No dividends on record.
| Institutions | ≈ 25.59% | 12.62M shares | |
|---|---|---|---|
| 127 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 21.02% | 10.37M shares | |
| 11 holders · as of Sep 8, 2026 | |||
| Strategic holders | 6.17% | 3.04M shares | |
| 1 holder · as of Jan 21, 2026 | |||
| Other | ≈ 47.22% | 23.30M shares | |
| remainder | |||
49.34M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
1 position filed across a stock split leaves its adjustment unstated and stays out of the bar.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Benjamin G. WolffInsiderdirector, officer: PRESIDENT & CEO | 15.62% | 7.71M | filed Sep 8, 2026 |
BlackRock Portfolio Management LLCStrategic | 6.17% | 3.04M | filed Jan 21, 2026 |
BlackRock, Inc.Institution | 5.60% | 2.76M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 3.05% | 1.51M | as of Jun 30, 2026 |
Raymond James Financial IncInstitution | 2.45% | 1.21M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 8, 2026 | Benjamin G. Wolff | director, officer: PRESIDENT & CEO | +17,121 | $5.79 |
| Aug 21, 2026 | Denis Garagic | officer: CHIEF TECHNOLOGY OFFICER | −17,255 | $6.16 |
| Aug 21, 2026 | Stephen Sonne | officer: CHIEF LEGAL OFFICER | −5,341 | $6.16 |
| Aug 21, 2026 | Trevor Thatcher | officer: CHIEF FINANCIAL OFFICER | −4,636 | $6.16 |
| May 21, 2026 | Denis Garagic | officer: CHIEF TECHNOLOGY OFFICER | −17,176 | $6.14 |
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CompareAfter hours
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Palladyne AI | $5.72 | +0.70% | $266.9M | — | — | 22.5 | +469.8% |
| AeroVironment | $157.43 | +0.83% | $8.14B | — | 46.0 | 4.1 | +5.7% |
| Kratos Defense & Security Solutions | $47.01 | +0.04% | $9.11B | 285.2 | 50.0 | 6.0 | +30.5% |
| Red Cat | $6.97 | +0.50% | $1.06B | — | — | 14.8 | +527.3% |
| Ondas | $7.74 | +0.26% | $4.21B | 111.5 | — | 24.2 | +1,235.4% |
| Teradyne | $396.37 | −0.57% | $59.65B | 52.3 | 40.6 | 13.4 | +103.9% |
| Mercury Systems | $83.88 | 0.00% | $5.14B | — | 54.4 | 5.2 | +6.1% |
| Cognex | $60.00 | +1.80% | $10.32B | 60.2 | 31.6 | 9.5 | +16.9% |
| Median | 85.8 | 46.0 | 9.5 | +30.5% |