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Dec 28, 2024
Symbotic Q1 2025 Earnings Report
Symbotic reported its financial results for the first fiscal quarter of 2025, ending December 28, 2024, showing increased revenue and cash, with a net loss.
Key Takeaways
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.
Revenue for Q1 fiscal 2025 reached $487 million, a 35% increase year-over-year.
Cash and cash equivalents grew by $176 million from the prior quarter, totaling $903 million.
Adjusted EBITDA for the quarter was $18 million.
The company completed the acquisition of Walmart's Advanced Systems and Robotics business, enhancing its market position.
Symbotic
Symbotic
Symbotic Revenue by Segment
Revenue by Segment
Systems Revenue
CapyFin.comSoftware maintenance and support Revenue
CapyFin.comOperation services Revenue
CapyFin.com Forward Guidance
For the second fiscal quarter of 2025, Symbotic anticipates revenue between $510 million and $530 million, and adjusted EBITDA between $26 million and $30 million, indicating continued growth and expanding margins.
Positive Outlook
- Expected revenue growth of at least 30% year-over-year.
- Anticipated expansion of margins.
- Strong position to drive exceptional results for stakeholders following the Walmart's Advanced Systems and Robotics business acquisition.
- Continued high growth while enhancing technology position.
- Solid progress across 44 systems in deployment.
Challenges Ahead
- Not providing guidance for net loss due to unavailability of information without unreasonable effort.
- Inability to provide reconciliations of adjusted EBITDA to GAAP financial measures due to items outside of control or not predictable.
- Forward-looking statements are subject to inherent risks, uncertainties, and assumptions.
- Actual results may differ materially from projections due to various factors.
- Financial projections are inherently subject to significant uncertainties and contingencies beyond Symbotic's control.
Revenue & Expenses
Visualization of income flow from segment revenue to net income