PDYN (Palladyne AI) Operating Income: $-37.39 Mil (TTM As of Mar. 2026)


PDYN Palladyne AI Corp PDYN
58 GF Score
Price $5.81
GF Value $1.59
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Palladyne AI Operating Income?

Palladyne AI PDYN +0.17% 58 Operating Income is $-37.39 Mil as of Mar. 2026. GuruFocus rates PDYN with a GF Score™ of 58/100 and a GF Value™ of $1.59 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Palladyne AI's Operating Income for the three months ended in Mar. 2026 was $-11.92 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $-37.39 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Palladyne AI's Operating Income for the three months ended in Mar. 2026 was $-11.92 Mil. Palladyne AI's Revenue for the three months ended in Mar. 2026 was $3.54 Mil. Therefore, Palladyne AI's Operating Margin % for the quarter that ended in Mar. 2026 was -336.89%.

Warning Sign:

Palladyne AI Corp operating margin has been in a 5-year decline. The average rate of decline per year is -2.3%.

Palladyne AI's 5-Year average Growth Rate for Operating Margin % was -2.30% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Palladyne AI's annualized ROC % for the quarter that ended in Mar. 2026 was -106.35%. Palladyne AI's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -276.41%.


Palladyne AI  (NAS:PDYN) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Palladyne AI's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-47.676 * ( 1 - 0% )/( (45.028 + 44.628)/ 2 )
=-47.676/44.828
=-106.35 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Palladyne AI's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-47.676/( ( (17.534 + max(-1.561, 0)) + (16.963 + max(-1.279, 0)) )/ 2 )
=-47.676/( ( 17.534 + 16.963 )/ 2 )
=-47.676/17.2485
=-276.41 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.055 + 0.339 + 1.653) - (3.793 + 0.815 + 0)
=-1.561

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.593 + 0.989 + 1.472) - (4.246 + 1.087 + 0)
=-1.279

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Palladyne AI's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-11.919/3.538
=-336.89 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Palladyne AI Operating Income Related Terms


Palladyne AI Operating Income Historical Data

* Premium members only.

The historical data trend for Palladyne AI's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Palladyne AI Operating Income Chart

Palladyne AI Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial -80.99 -106.80 -83.01 -27.12 -32.40

Palladyne AI Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.93 -8.09 -8.07 -9.31 -11.92
PDYN
58GF Score
Palladyne AI Corp PDYN
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Palladyne AI Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-37.39 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of $-37.39 Mil mean?
Palladyne AI (PDYN) has a Operating Income of $-37.39 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Palladyne AI and its competitors.
Is Palladyne AI's Operating Income too high?
Palladyne AI's current Operating Income is $-37.39 Mil. Overall, Palladyne AI has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Palladyne AI's Operating Income compare to ZPTA and DVLT?
Palladyne AI's Operating Income of $-37.39 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Software company?
A good Operating Income depends on the Software industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Palladyne AI and its competitors. Palladyne AI's current Operating Income is $-37.39 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Palladyne AI stock overvalued right now?
Based on GuruFocus' analysis, Palladyne AI (PDYN) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.59, compared to a current price of $5.81 — trading 265.4% above its estimated fair value. The current Operating Income is $-37.39 Mil. Palladyne AI's overall GF Score™ is 58/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Palladyne AI (PDYN), the current Operating Income is $-37.39 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Palladyne AI (PDYN) Overvalued in 2026?

Based on GuruFocus' analysis, Palladyne AI stock appears to be overvalued. The current stock price of $5.81 is trading 265.4% above its estimated GF Value™ of $1.59. GuruFocus considers Palladyne AI to be Significantly Overvalued.

Key valuation signals for PDYN:

  • Operating Income: $-37.39 Mil
  • GF Value™: $1.59 vs. price of $5.81 (265.4% above fair value)
  • GF Score™: 58/100 with 7 warning signs

No single metric tells the full story. See the PDYN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Palladyne AI Business Description

Address 650 South 500 West, Suite 150, Salt Lake City, UT, USA, 84101
Palladyne AI Corp is a software company focused on autonomy for robotic systems and solutions. Its artificial intelligence and machine learning software seeks to revolutionize the capabilities of robots, enabling them to observe, learn, reason, and act in structured and unstructured environments. AI and ML software platform of the company empowers robots to perceive variations or changes in the real-world environment, enabling them to autonomously maneuver and manipulate objects accurately in response. Palladyne AI software has wide application, including in industries such as automotive, aviation, construction, defense, general manufacturing, infrastructure inspection, logistics and warehousing.
58GF Score

Get the complete analysis for PDYN

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.81
Price
$1.59
GF Value