Quarterly ResultAug 5, 2026, 04:04 PM
Symbotic Q3 Revenue $721M (+22%), Net Income $55M; Q4 Outlook Strong
AI Summary
Symbotic Inc. announced strong financial results for its third quarter of fiscal year 2026, reporting revenue of $721 million, a 22% increase year-over-year. The company achieved a net income of $55 million, a significant turnaround from a net loss of $21 million in the prior year, and adjusted EBITDA more than doubled to $95 million. Symbotic also provided a positive outlook for the fourth quarter of fiscal 2026, projecting continued growth. Additionally, Steve Pagliuca was elected to the Board of Directors.
Key Highlights
- Q3 FY2026 revenue reached $721 million, a 22% increase year-over-year.
- Net income for Q3 FY2026 was $55 million, compared to a net loss of $21 million in Q3 FY2025.
- Adjusted EBITDA for Q3 FY2026 was $95 million, more than double the $45 million in Q3 FY2025.
- Symbotic expects Q4 FY2026 revenue to be between $760 million and $780 million.
- Q4 FY2026 adjusted EBITDA is projected to be $100 million to $105 million.
- Cash and cash equivalents totaled $1.7 billion at the end of Q3 FY2026.
- Steve Pagliuca was elected to the Board of Directors, effective August 4, 2026.
Price Impact
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