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Palladyne AI (STRC) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

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

DateRevenueChange
2023-12-31$6.15M-57.81%
2022-12-31$14.57M187.07%
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

DateRevenueChange
2024-03-31$3.44M361.26%
2023-12-31$746.00K-59.17%
2023-09-30$1.83M43.07%
2023-06-30$1.28M-44.38%
2023-03-31$2.30M-62.49%
2022-12-31$6.12M31.15%
2022-09-30$4.67M53.62%
2022-06-30$3.04M308.88%
2022-03-31$743.00K-26.00%
2021-12-31$1.00M-11.07%
2021-09-30$1.13M100.00%
2021-06-30--100.00%
2021-03-31$1.80M100.00%
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/ServiceDec 22Dec 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/ServiceMar 24Sep 23Jun 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 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

CountryDec 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

CountryMar 24Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Sep 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%).

Palladyne AI Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
BBLNBabylon$1.11B$311.12M
MKFGMarkforged$93.78M$20.48M
CELUCelularity$22.77M$14.68M
WEJOWejo Group$8.40M$3.86M
STRCPalladyne AI$6.15M$3.44M
LIDRAEye$1.46M$32.00K

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.