Every material Form 8-K Palladyne AI Corp. has filed with the SEC since June 08, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Palladyne AI reported second-quarter 2026 revenue of $5.8 million, up from $1.0 million a year earlier, while its GAAP net loss widened to $12.3 million from $7.5 million. The company reiterated its full-year 2026 revenue guidance of $24.0 million to $27.0 million and its operating cash burn guidance of $32.0 million to $36.0 million. Shareholders face higher losses and continued cash use, though revenue growth and guidance held.
Q2 2026 revenue was $5.8 million versus $1.0 million in Q2 2025; GAAP net loss was $12.3 million ($0.27 per share) versus $7.5 million ($0.20 per share).
Full-year 2026 revenue guidance of $24.0 million to $27.0 million was reiterated; operating cash burn guidance of $32.0 million to $36.0 million was also reiterated.
Backlog was $24.6 million as of June 30, 2026, reflecting about $13.0 million in new contract awards during the quarter.
Cash, cash equivalents and marketable securities totaled $43.7 million as of June 30, 2026.
Palladyne AI said preliminary, unaudited second-quarter 2026 revenue was about $5.8 million, up from $3.5 million in the first quarter and $1.0 million a year earlier. Backlog rose to about $24.0 million, and cash, cash equivalents and marketable securities were about $44.0 million, roughly flat from March 31, 2026. The figures are unaudited and not yet final, and the filing gives no preliminary profit or loss figures, so shareholders should note that the numbers could change materially.
Preliminary Q2 2026 revenue of about $5.8 million, up about 480% from $1.0 million in Q2 2025 and about 66% from $3.5 million in Q1 2026.
Backlog of about $24.0 million as of June 30, 2026, up from $17.3 million as of March 31, 2026, after about $12.5 million in gross new contracts.
Cash, cash equivalents and marketable securities of about $44.0 million, roughly flat from March 31, 2026.
Results are unaudited, the financial statements are not yet complete, and actual results could differ materially.
At its annual meeting, Palladyne AI stockholders approved an amendment and restatement of the 2021 Equity Incentive Plan that increases the number of shares available for issuance by 4,500,000. They also approved restricted stock unit awards covering 5,360,659 shares to senior executives, which became fully effective and eligible for vesting upon approval. The awards and plan increase add potential dilution for existing shareholders.
Equity plan amendment approved: 16,236,339 for, 6,865,822 against, 138,369 abstain, with a 4,500,000-share increase.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Palladyne AI Corp. filing is on SEC EDGAR ↗. 8-K briefs of other companies →