Palladyne AI forecasts FY 2026 revenue USD 24 million-27 million

Reuters2026/09/08 16:54

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Palladyne AI forecast FY 2026 revenue of $24 million-$27 million.
Revenue reached $9.3 million through June 2026; backlog stood at $24.6 million as of June 30, 2026.
Cash, cash equivalents, marketable securities totaled $43.7 million; long-term debt was $0.
Expected operating cash burn of $12 million-$16 million for July-December 2026.
Shares traded at $5.71 as of Sept. 4, 2026; year-to-date performance was up 34% with market cap of $280.4 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Palladyne Ai Corp. published the original content used to generate this news brief on September 08, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Palladyne AI forecasts FY 2026 revenue USD 24 million-27 million

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