Palladyne AI (STRC) Revenue & Revenue Breakdown
Palladyne AI Revenue Highlights
Latest Revenue (Y)
$6.15M
Latest Revenue (Q)
$3.44M
Main Segment (Y)
Product Revenue
Main Geography (Y)
Non-US
Palladyne AI Revenue by Period
Palladyne AI Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $6.15M | -57.81% |
| 2022-12-31 | $14.57M | 187.07% |
| 2021-12-31 | $5.08M | -42.41% |
| 2020-12-31 | $8.81M | -13.17% |
| 2019-12-31 | $10.15M | - |
Palladyne AI generated $6.15M in revenue during NA 2023, up -57.81% compared to the previous quarter, and up 0.00% compared to the same period a year ago.
Palladyne AI Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $3.44M | 361.26% |
| 2023-12-31 | $746.00K | -59.17% |
| 2023-09-30 | $1.83M | 43.07% |
| 2023-06-30 | $1.28M | -44.38% |
| 2023-03-31 | $2.30M | -62.49% |
| 2022-12-31 | $6.12M | 31.15% |
| 2022-09-30 | $4.67M | 53.62% |
| 2022-06-30 | $3.04M | 308.88% |
| 2022-03-31 | $743.00K | -26.00% |
| 2021-12-31 | $1.00M | -11.07% |
| 2021-09-30 | $1.13M | 100.00% |
| 2021-06-30 | - | -100.00% |
| 2021-03-31 | $1.80M | 100.00% |
| 2020-12-31 | - | 100.00% |
| 2020-09-30 | - | - |
Palladyne AI generated $3.44M in revenue during Q1 2024, up 361.26% compared to the previous quarter, and up 56.22% compared to the same period a year ago.
Palladyne AI Revenue Breakdown
Palladyne AI Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 22 | Dec 21 |
|---|---|---|
| Product Revenue | $330.00K | $1.49M |
| Research And Development Services | - | $3.58M |
Palladyne AI's latest annual revenue breakdown by segment (product or service), as of Dec 22: Product Revenue (100.00%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Sep 23 | Jun 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 |
|---|---|---|---|---|---|---|---|---|---|
| Product Revenue | $2.56M | $783.00K | $3.00K | $85.00K | $179.00K | $56.00K | $10.00K | - | - |
| Research And Development Services | - | - | - | - | $4.49M | $2.98M | $733.00K | $260.00K | $694.00K |
| Product Sales | - | - | - | - | - | - | - | - | $435.00K |
Palladyne AI's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Product Revenue (100.00%).
Palladyne AI Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 22 |
|---|---|
| Non-US | $2.80M |
Palladyne AI's latest annual revenue breakdown by geography, as of Dec 22: Non-US (100.00%).
Quarterly Revenue by Country
| Country | Mar 24 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Sep 21 |
|---|---|---|---|---|---|---|---|---|
| Non-US | $700.00K | $1.10M | $200.00K | $700.00K | $900.00K | $1.30M | $600.00K | $5.00K |
Palladyne AI's latest quarterly revenue breakdown by geography, as of Mar 24: Non-US (100.00%).
STRC Revenue FAQ
What is Palladyne AI’s yearly revenue?
Palladyne AI's yearly revenue for 2023 was $6.15M, representing a decrease of -57.81% compared to 2022. The company's yearly revenue for 2022 was $14.57M, representing an increase of 187.07% compared to 2021. STRC's yearly revenue for 2021 was $5.08M, representing a decrease of -42.41% compared to 2020.
What is Palladyne AI’s quarterly revenue?
Palladyne AI's quarterly revenue for Q1 2024 was $3.44M, a 361.26% increase from the previous quarter (Q4 2023), and a 49.87% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $746K, a -59.17% decrease from the previous quarter (Q3 2023), and a -87.81% decrease year-over-year (Q4 2022). STRC's quarterly revenue for Q3 2023 was $1.83M, a 43.07% increase from the previous quarter (Q2 2023), and a -60.85% decrease year-over-year (Q3 2022).
What is Palladyne AI’s revenue growth rate?
Palladyne AI's revenue growth rate for the last 3 years (2021-2023) was 21.10%, and for the last 5 years (2019-2023) was -39.45%.
What are Palladyne AI’s revenue streams?
Palladyne AI's revenue streams in c 22 are Product Revenue
What is Palladyne AI’s main source of revenue?
For the fiscal year ending Dec 22, the largest source of revenue of Palladyne AI was Product Revenue. This segment made a revenue of $330K, representing 100.00% of the company's total revenue.