Symbotic Inc. (SYM): Results of Operations and Financial Condition
Symbotic Inc. (SYM) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 FOR IMMEDIATE RELEASE Symbotic Reports Third Quarter Fiscal Year 2026 Results Steve Pagliuca, Former Co-Chair of Bain Capital, Elected to Symbotic’s Board of Directors Wilmington, Massachusetts (August 5, 2026) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled
How this was made
The 30-second read
Why it matters
Traders can update models using the reported Q3 revenue, net income improvement, adjusted EBITDA, cash balance change, and the explicit Q4 revenue and adjusted EBITDA ranges.
Market read
Q3 results and Q4 guidance ranges are the core tradable inputs, with a profitability improvement narrative and a cash balance decline as a potential offset.
What to watch
The guidance is for revenue and adjusted EBITDA only; net income guidance is not provided, so investors may focus on whether profitability is sustainable versus driven by non-GAAP adjustments.
Symbotic Reports Third Quarter Fiscal Year 2026 Results
Revenue increased 22% year-over-year to $721 million, net income was $55 million versus a $21 million net loss in the third quarter of fiscal year 2025, and adjusted EBITDA more than doubled to $95 million. Fourth-quarter guidance calls for $760 million to $780 million of revenue and $100 million to $105 million of adjusted EBITDA.
Key metrics
as reported| Metric | Value | q/q | y/y |
|---|---|---|---|
| RevenueGAAP | $721 million | – | up 22% year-over-year |
| Net incomeGAAP | $55 million | – | – |
| Adjusted EBITDAnon-GAAP | $95 million | – | more than double |
| Cash and cash equivalentsGAAP | $1.7 billion | down from $2.0 billion | – |
fourth quarter of fiscal 2026 outlook
- Revenue$760 million to $780 million
- Noteadjusted EBITDA of $100 million to $105 million
What drove it
- Management cited increasing opportunities to broaden the scope of work with existing and prospective customers.
- Management said the profitable growth trajectory is supported by 77 systems in deployment.
Concerns
- Cash and cash equivalents totaled $1.7 billion at the end of the third quarter of fiscal year 2026, down from $2.0 billion at the end of the second quarter of fiscal year 2026.
- The company did not provide forward guidance for net income (loss), the most comparable GAAP measure to adjusted EBITDA, because a reconciliation was unavailable without unreasonable effort.
- The filing identifies risks related to meeting technical requirements, existing backlog, customer expansion and retention, the realization of benefits from Exol and other commercial arrangements, product replacement programs and recalls, internal-control remediation, and rapid technological changes.
What to watch
- Delivery against fourth-quarter fiscal 2026 revenue guidance of $760 million to $780 million.
- Delivery against fourth-quarter fiscal 2026 adjusted EBITDA guidance of $100 million to $105 million.
- The deployment and execution profile of the 77 systems in deployment.
- Cash and cash equivalents following the decline to $1.7 billion from $2.0 billion at the end of the second quarter of fiscal year 2026.
Balance sheet and cash flow
- Cash and cash equivalents totaled $1.7 billion at the end of the third quarter of fiscal year 2026, down from $2.0 billion at the end of the second quarter of fiscal year 2026.
Analysis
Symbotic reported third-quarter fiscal 2026 revenue of $721 million, up 22% year-over-year. The company generated GAAP net income of $55 million, compared with a net loss of $21 million in the third quarter of fiscal year 2025. This marks a reported move from a prior-year loss to profitability while revenue continued to grow.
Profitability also improved on the company’s non-GAAP measure. Adjusted EBITDA reached $95 million, more than double the $45 million reported in the third quarter of fiscal year 2025. Management characterized the quarter as another period of growth and a large expansion in profitability, and linked its outlook to 77 systems in deployment.
The balance-sheet figure disclosed in the release was cash and cash equivalents of $1.7 billion at quarter-end, down from $2.0 billion at the end of the second quarter of fiscal year 2026. The supplied filing text does not include operating cash flow, free cash flow, debt, capital expenditure, repurchase, dividend, gross-profit, operating-income, or EPS figures.
For the fourth quarter of fiscal 2026, Symbotic expects revenue of $760 million to $780 million and adjusted EBITDA of $100 million to $105 million. The company is not providing net income or loss guidance and states it cannot provide a reconciliation from forward-looking adjusted EBITDA to GAAP measures without unreasonable effort. Management also highlighted opportunities to expand work with existing and prospective customers.
Management, verbatim
We are well on track to deliver against our key objectives for our fiscal year. Importantly, we are seeing increasing opportunities to broaden the scope of our work with existing and prospective customers.
Rick Cohen, Symbotic Chairman and Chief Executive Officer
We delivered another quarter of growth and a large expansion in our profitability. Looking ahead, we see a continuation of our profitable growth trajectory supported by 77 systems in deployment.
Izzy Martins, Symbotic Chief Financial Officer
I am delighted to welcome Steve to our Board of Directors. He brings an exceptional track record of helping high-growth companies scale, navigate complex markets, and create lasting value. His strategic insight and experience building world-class organizations will strengthen our Board as we enter our next phase of growth.
Rick Cohen, Symbotic Chairman and Chief Executive Officer
Not in the filing
stated, not guessed- GAAP gross profit
- GAAP gross margin
- Non-GAAP adjusted gross profit
- Non-GAAP adjusted gross profit margin
- GAAP operating income or loss
- GAAP operating expenses
- Research and development expense
- Selling, general, and administrative expense
- GAAP diluted EPS
- Non-GAAP adjusted EPS
- Operating cash flow
- Free cash flow
- Purchases of property and equipment
- Capitalization of internal use software development costs
- Debt
- Share repurchases
- Dividends
- Segment revenue and segment comparisons
- Revenue for the third quarter of fiscal year 2025
- Prior-quarter revenue
- Prior-quarter net income or loss
- Prior-quarter adjusted EBITDA
- Fourth-quarter guidance for gross margin
- Fourth-quarter guidance for operating expenses
- Fourth-quarter guidance for tax rate
- Fourth-quarter GAAP net income or loss guidance
- Previous-release outlook for comparison
- Reconciliation tables for non-GAAP measures
AlphaAI analysis generated from the company’s SEC earnings filing (Form 8-K Item 2.02, or Form 6-K for a foreign private issuer). Every figure was cross-checked against the filing text; consensus estimates, price targets and share-price reactions are not shown because they are not in the filing. AI-generated research, not investment advice.
Background
The SEC 8-K includes Symbotic’s Q3 FY2026 results (ended June 27, 2026) and an outlook for Q4 FY2026, plus a board appointment.
Ticker impact
Symbotic reported Q3 FY2026 revenue of $721M (+22% YoY) and adjusted EBITDA of $95M, plus Q4 guidance of $760M to $780M revenue.
Likely positive bias for SYM as guidance implies continued profitable growth, though the cash balance decline may temper enthusiasm.
The article is a primary SEC 8-K with a results press release and forward guidance ranges, including revenue and adjusted EBITDA targets for Q4 FY2026.
Market effects
Reinforces demand and profitability momentum for AI-enabled warehouse automation/supply-chain robotics, potentially supporting sentiment across the automation theme.
Primarily US-listed growth/tech sentiment; limited direct regional spillover beyond US small/mid-cap robotics/automation investors.
Global supply-chain automation investors may use the guidance as a read-through for warehouse modernization budgets, but impact is mostly thematic.
Counterpoint
Cash and cash equivalents fell to $1.7B from $2.0B in the prior quarter, which could signal working-capital or investment intensity that may worry margin-quality bulls.
Key entities
- public_companySymbotic Inc.
Nasdaq-listed AI-enabled robotics and software platform for supply-chain automation.
- executiveRick Cohen
Chairman and Chief Executive Officer, quoted on execution and customer opportunity expansion.
- executiveIzzy Martins
Chief Financial Officer, quoted on profitability expansion and deployment footprint.
- board_memberSteve Pagliuca
Elected to Symbotic’s board effective August 4, 2026.
