Palladyne AI Q3 net loss more than triples year over year to $12.01 million

• Palladyne AI’s third-quarter 2026 net loss more than tripled year over year to $12.01 million.
• Quarterly revenue rose year over year to $8.6 million, climbing 48% from the previous quarter.
• Quarter-end backlog fell 24% sequentially to $18.7 million, including $15.3 million funded.
• SwarmOS received the U.S. Army’s highest possible rating across all nine performance criteria at Project Convergence Capstone 6.
• Full-year 2026 revenue guidance rose at the lower end to $25 million, while the upper end remained $27 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 via Business Wire (Ref. ID: 20261110836180) on November 10, 2026, and is solely responsible for the information contained therein.