Palladyne AI Operating Expenses Growth & History (PDYN)
Palladyne AI's operating expenses was $37.6M for fiscal 2025.
View full Palladyne AI company overviewPalladyne AI annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $37.6M | $2.9M | +8.47% |
| 2024 | 2024-12-31 | $34.7M | −$92.4M | −72.69% |
| 2023 | 2023-12-31 | $127.1M | −$64.5M | −33.67% |
| 2022 | 2022-12-31 | $191.6M | $105.5M | +122.63% |
| 2021 | 2021-12-31 | $86.1M | $56.3M | +188.70% |
| 2020 | 2020-12-31 | $29.8M | — | — |
Palladyne AI quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $19.2M | $10.1M | +110.74% |
| Q1 2026 | 2026-03-31 | $15.5M | $6.8M | +78.88% |
| Q4 2025 | 2025-12-31 | $11.0M | $3.7M | +51.48% |
| Q3 2025 | 2025-09-30 | $8.9M | $755,000 | +9.24% |
| Q2 2025 | 2025-06-30 | $9.1M | $609,000 | +7.16% |
| Q1 2025 | 2025-03-31 | $8.6M | −$2.2M | −19.95% |
| Q4 2024 | 2024-12-31 | $7.2M | −$30.6M | −80.83% |
| Q3 2024 | 2024-09-30 | $8.2M | −$24.4M | −74.92% |
| Q2 2024 | 2024-06-30 | $8.5M | −$22.7M | −72.79% |
| Q1 2024 | 2024-03-31 | $10.8M | −$14.7M | −57.64% |
| Q4 2023 | 2023-12-31 | $37.8M | −$63.5M | −62.68% |
| Q3 2023 | 2023-09-30 | $32.6M | $664,000 | +2.08% |
| Q2 2023 | 2023-06-30 | $31.2M | −$785,000 | −2.45% |
| Q1 2023 | 2023-03-31 | $25.5M | −$888,000 | −3.37% |
| Q4 2022 | 2022-12-31 | $101.3M | $72.6M | +253.59% |
| Q3 2022 | 2022-09-30 | $31.9M | −$9.7M | −23.31% |
| Q2 2022 | 2022-06-30 | $32.0M | $23.2M | +263.30% |
| Q1 2022 | 2022-03-31 | $26.4M | $19.4M | +277.44% |
| Q4 2021 | 2021-12-31 | $28.6M | — | — |
| Q3 2021 | 2021-09-30 | $41.6M | $33.2M | +395.50% |
| Q2 2021 | 2021-06-30 | $8.8M | — | — |
| Q1 2021 | 2021-03-31 | $7.0M | — | — |
| Q3 2020 | 2020-09-30 | $8.4M | — | — |
Palladyne AI operating expenses trends
Over the last five fiscal years, Palladyne AI's operating expenses increased from $29.8M to $37.6M, a change of $7.8M. The latest reported quarter, Q2 2026, shows $19.2M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Palladyne AI source filings ↗