Palladyne AI (PDYN) Q4 2025 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Thu, March 5, 2026 astatine 8:31 AM CST 34 min read

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Thursday, March 5, 2026 astatine 8 a.m. ET

• President and Chief Executive Officer — Benjamin Wolff

• Chief Financial Officer — Trevor Thatcher

• Investor Relations — Brian Siegel

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Operator: Greetings, and invited to the Palladyne AI Corp. Fourth Quarter and Year-End 2025 Earnings Call. At this time, each participants are successful a listen-only mode. As a reminder, this league is being recorded. I would present similar to crook the telephone implicit to your host, Brian Siegel, Investor Relations. Thank you. You whitethorn begin.

Brian Siegel: Good morning, and invited to Palladyne AI Corp.’s 4th fourth and full-year 2025 net league call. Joining maine connected the telephone contiguous are Benjamin Wolff, President and Chief Executive Officer, and Trevor Thatcher, Chief Financial Officer. Earlier this morning, Palladyne AI Corp. issued a property merchandise announcing its fiscal results for the 4th fourth and afloat twelvemonth ended 12/31/2025, on with updated commentary regarding backlog and reiterated 2026 gross guidance. A transcript of that release, on with the accompanying fiscal tables, is disposable connected the capitalist relations conception connected Palladyne AI Corp.’s website. Today’s telephone volition see prepared remarks from Benjamin and Trevor, followed by a question-and-answer session.

During today’s call, absorption volition marque forward-looking statements wrong the meaning of the national securities laws. These statements include, but are not constricted to, statements regarding Palladyne AI Corp.’s 2026 gross guidance, expected backlog conversion, anticipated quarterly operating currency usage, merchandise improvement milestones, commercialization timelines, defence programme activity, imaginable lawsuit adoption, marketplace opportunities, and aboriginal strategical positioning crossed air, space, land, and maritime domains. Forward-looking statements are based connected existent expectations, assumptions, and beliefs, and impact risks and uncertainties that could origin existent results to disagree materially from those expressed oregon implied.

These risks and uncertainties include, among others, Palladyne AI Corp.’s quality to execute connected improvement programs, person backlog into revenue, standard production, negociate operating expenses, integrate acquired businesses, unafraid further contracts, support liquidity, and navigate evolving defence and commercialized marketplace conditions. These and different hazard factors are described successful item successful Palladyne AI Corp.’s filings with the Securities and Exchange Commission, including its yearly study connected Form 10-Ks and consequent filings. Palladyne AI Corp. undertakes nary work to update immoderate forward-looking statements but arsenic required by law.