Symbotic Earnings Reports

Symbotic reported strong third-quarter fiscal year 2025 results with revenue increasing by 26% year-over-year to $592 million and adjusted EBITDA reaching $45 million. The company continued to improve gross margins, although it posted a net loss of $32 million.

Symbotic delivered significant year-over-year revenue growth and enhanced its profitability metrics, highlighted by a substantial increase in adjusted EBITDA and gross profit, even as net losses persisted.

Symbotic Inc. announced strong financial results for its first fiscal quarter of 2025, with revenue growing over 35% year-over-year to $487 million, and cash and cash equivalents increasing significantly to $903 million. Despite a net loss of $19 million, the company achieved an adjusted EBITDA of $18 million, demonstrating continued growth and operational progress.

Symbotic reported a strong fourth quarter with revenue of $577 million, net income of $28 million, and adjusted EBITDA of $55 million. The company's full-year revenue grew by 55% year-over-year. Looking ahead, Symbotic anticipates continued revenue growth and stable gross margins in the first quarter of fiscal year 2025.

Symbotic announced its third quarter fiscal year 2024 results, reporting record revenue of $492 million, a net loss of $14 million, and adjusted EBITDA of $15 million. The company's performance was driven by increased system deployments, although system gross margin fell below expectations due to construction and implementation challenges. Looking ahead, Symbotic anticipates revenue between $455 million and $475 million and adjusted EBITDA between $28 million and $32 million for the fourth quarter of fiscal 2024.

Symbotic reported a revenue of $424 million, a net loss of $41 million, and an adjusted EBITDA of $22 million for Q2 2024. The company experienced revenue growth and margin expansion, driven by advancements in software and hardware that accelerated deployment progress.

Symbotic Inc. announced its first fiscal quarter 2024 results, posting revenue of $369 million, a net loss of $13 million, and adjusted EBITDA of $14 million. Revenue grew nearly 80% compared to the same period a year ago. The company initiated five system deployments and completed three systems during the quarter.

Symbotic reported strong Q4 2023 results with revenue of $392 million, a net loss of $45 million, and adjusted EBITDA of $13 million. The company initiated four new system deployments and completed commissioning of two systems, accelerating the pace of deployments. Cash and cash equivalents increased to $548 million.

Symbotic reported strong revenue growth with a record operating margin. The company initiated six new system deployments and completed commissioning of one system. A new systems sales contract with GreenBox increases the contracted backlog to approximately $23 billion.

Symbotic reported a significant 177% year-over-year revenue increase in Q2 2023, reaching $266.9 million. The company experienced a net loss of $55.4 million and an adjusted EBITDA loss of $11.2 million. They also completed installations at multiple customer sites and initiated seven new system deployments.

Symbotic Inc. reported a significant increase in revenue for the first quarter of fiscal year 2023, with a 168% year-over-year growth, reaching $206.3 million. The company's contracted backlog increased to $12 billion. However, the company experienced a net loss of $68.0 million and an adjusted EBITDA loss of $16.3 million.

Symbotic reported record quarterly revenue of $244.4 million, a net loss of $53.3 million, and an adjusted EBITDA loss of $20.4 million for Q4 2022. The company achieved 167% revenue growth year over year and improved adjusted EBITDA margin. Rick Cohen was named Chief Executive Officer.

Symbotic reported a strong third quarter in fiscal year 2022, marked by significant revenue growth and backlog expansion. The company's revenue reached $175.6 million, with an increased backlog of $6.3 billion, bringing the total to $11.3 billion. Despite these gains, the company experienced a net loss of $32.9 million.