Q3 2026 Aug 8, 2026

Symbotic’s shares plunged 16.6% following the earnings report, signaling investor disappointment likely driven by a cautious outlook despite top-line growth and margin expansion.

Key takeaways

Revenue reached $721 million, growing 22% year over year and 7% sequentially, driven by 11 new system deployments and a total of 77 systems in deployment.
Operational systems increased to 56, supporting software revenue growth of 57% year over year to $13 million and operations services up 49%.
Gross margin improved sequentially and year over year due to project execution, scale benefits, and favorable revenue mix.
GAAP net income rose to $55 million from a loss of $21 million the prior year’s quarter, with adjusted EBITDA of $95 million exceeding forecast.
Despite these positives, the steep stock drop suggests investors were troubled by management’s cautious tone on future growth or remaining challenges not fully addressed in the report.

Q2 2026 May 8, 2026

Shares tumbled 14.5% as investors reacted negatively to cautious third-quarter guidance that signaled deceleration after a strong second quarter, alongside continued investment-driven margin pressure and a shift toward more conservative outlook commentary.

Key takeaways

Q2 revenue reached $676 million, exceeding the high end of company guidance, driven by 14 new system deployments and 24% year-over-year growth in systems revenue to $634 million.
Adjusted EBITDA of $78 million more than doubled year-over-year, supported by gross margin expansion from project execution efficiencies and scale.
Software revenue surged 93% year-over-year to $13 million, although $1 million of this was a non-recurring adjustment; excluding this, software still grew above 75%.
Operating expenses increased sequentially to $144 million GAAP ($88 million adjusted) reflecting higher investment in growth initiatives.
Third-quarter guidance projects $700-$720 million in revenue and $80-$85 million adjusted EBITDA, implying sequential deceleration which appeared cautious to investors given the prior momentum.

Q1 2026 Feb 6, 2026

Symbotic achieved a robust start to fiscal Q1 2026, reporting a 29% revenue growth and significant margin expansion, culminating in the company reaching GAAP profitability.

Key takeaways

Revenue for the quarter totaled $630 million, meeting the top end of guidance.
Net income reached $13 million, marking the company's first GAAP profit amid enhanced operating efficiencies.
Adjusted EBITDA surged to $67 million, achieving a double-digit EBITDA margin for the first time, driven by cost discipline and strong demand.
Systems revenue grew by 27% year-over-year, highlighting effective deployment and operational transitions, now with 57 systems active.
Software revenue surged by 97% year-over-year, reflecting scalability and continued growth in operational services.

Q4 2025 Nov 25, 2025

Symbotic delivered strong fourth-quarter results with a 10% revenue increase year-over-year, driven by operational efficiencies and a growing backlog, while net loss was impacted by restructuring expenses and increased stock-based compensation.

Key takeaways

Fourth-quarter revenue reached $618 million, exceeding expectations and reflecting a growing number of systems in operation.
Adjusted EBITDA improved to $49 million, benefiting from higher gross margins and a robust sales pipeline.
Backlog increased to $22.5 billion, bolstered by new projects including a significant contract with Medline in the healthcare vertical.
Operational systems nearly doubled year-over-year, enhancing recurring revenue potential.
Continued focus on micro fulfillment solutions and operational improvements is expected to drive higher future margins.

Symbotic Inc. Class A Common Stock Earnings Recaps

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