Palladyne AI GAAP net loss widens to $12.3 million in Q2 FY26; revenue rises 63% sequentially to $5.8 million - PDYN News | RalliesPalladyne AI GAAP net loss widens to $12.3 million in Q2 FY26; revenue rises 63% sequentially to $5.8 million
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PDYN• Outlook
- The company reiterated its full-year 2026 revenue outlook of $24 million to $27 million and expects sequential revenue growth in Q3.
Quarterly results
- Palladyne AI posted Q2 revenue of $5.8 million, up 63% sequentially and up 470% year over year.
- GAAP operating loss widened to $13.4 million; GAAP net loss widened to $12.3 million, or $0.27 per share.
Backlog and contract awards
- Backlog climbed 43% during the quarter to $24.6 million, net of revenue recognized, reflecting about $13 million in new contract awards.
Partnership with Israel Aerospace Industries
- Palladyne AI signed an exclusive partnership with for U.S. rights to , with .
Israel Aerospace Industries
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