---
title: "PALLADYNE AI CORP C/WTS 24/09/2026 (TO PUR COM) | 8-K: FY2026 Q2 Revenue: USD 5.783 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295093409.md"
datetime: "2026-08-06T10:49:10.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295093409.md)
  - [en](https://longbridge.com/en/news/295093409.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295093409.md)
generator: "portal-rs"
---

# PALLADYNE AI CORP C/WTS 24/09/2026 (TO PUR COM) | 8-K: FY2026 Q2 Revenue: USD 5.783 M

Revenue: As of FY2026 Q2, the actual value is USD 5.783 M.

EPS: As of FY2026 Q2, the actual value is USD -0.27.

EBIT: As of FY2026 Q2, the actual value is USD -13.41 M.

#### Segment Revenue

Revenue for the second quarter ended June 30, 2026, increased 470% year-over-year and 63% sequentially to $5.8 million, compared to $1.0 million in the prior year period .

#### Operational Metrics

-   The operating loss for the second quarter of 2026 was - $13.4 million, compared to - $8.1 million in the second quarter of 2025, primarily due to higher stock-based compensation and continued investment in Palladyne Aerospace and Defense .
-   The GAAP net loss was - $12.3 million for the second quarter of 2026, compared to - $7.5 million in the prior year period .
-   The non-GAAP net loss was - $10.8 million for the second quarter of 2026, compared to - $6.4 million in the prior year period .
-   Non-cash stock compensation expenses totaled $2.3 million in the second quarter of 2026, an increase from $1.1 million in the prior year period .
-   A non-cash gain on warrant liability revaluation of $0.8 million was reported in the second quarter of 2026, up from a $0.1 million gain in the prior year period .

#### Cash Flow

-   Cash, cash equivalents, and marketable securities totaled $43.7 million as of June 30, 2026, which was roughly flat compared to March 31, 2026 .
-   Net cash used in operating activities for the six months ended June 30, 2026, was - $20,401 thousand, compared to - $12,842 thousand for the same period in 2025 .
-   Net cash provided by investing activities for the six months ended June 30, 2026, was $18,510 thousand, contrasting with - $33,129 thousand used in 2025 .
-   Net cash provided by financing activities for the six months ended June 30, 2026, was $17,446 thousand, compared to $34,931 thousand for the same period in 2025 .

#### Unique Metrics

-   Backlog reached $24.6 million as of June 30, 2026, representing a 43% increase during the quarter, including approximately $13.0 million in new contract awards .
-   Palladyne AI secured an exclusive partnership with Israel Aerospace Industries (IAI) for U.S. rights to HARPY, HAROP, and Mini HARPY loitering munitions, without an upfront payment and with up to ten years of exclusivity .
-   The company was competitively selected for two U.S. Army contracts under the Disruptive Applications Broad Agency Announcement .
-   Orders for BRAIN Flight Computers totaled $2.6 million, including a $2.3 million contract for a low-cost kinetic counter-UAS interceptor .
-   Palladyne AI commenced the previously announced $4.2 million Air Force Research Laboratory HANGTIME contract .
-   A $2.9 million option exercise was received for the U.S. Air Force STRATFI program, increasing the total program value to over $10.6 million .

#### Outlook / Guidance

Palladyne AI reiterated its full-year 2026 revenue guidance of $24.0 million to $27.0 million, projecting 357% to 415% year-over-year growth compared to 2025 revenue of $5.2 million . The company anticipates sequential revenue growth in Q3 and expects its operating cash burn to decrease throughout the rest of 2026 . The full-year 2026 operating cash burn guidance was reaffirmed at - $32.0 million to - $36.0 million, or - $8.0 million to - $9.0 million per quarter on average .

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**