Symbotic Inc. Class A Common Stock

Symbotic Inc. Class A Common Stock Earnings Recaps

SYM Financials 3 recaps
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.
Full recap
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.
Full recap
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.
Full recap